Tata Steel UK Limited signs documentation for RAA in relation to British Steel Pension Scheme

Mumbai, Aug 11 (IBNS): Tata Steel UK on Friday announced it had signed the documentation for a Regulated Apportionment Arrangement (RAA) with the Trustee of the British Steel Pension Scheme, offering more sustainable outcomes for pensioners, employees and the business.

SAIL Q1FY18 results achieve 26% growth in turnover, 9% growth in sales volume

New Delhi, Aug 11 (IBNS): Steel Authority of India Ltd. (SAIL), achieved a turnover of Rs 12,860 Crore in the first quarter of FY18 (Q1FY18) registering a growth of 26% over the turnover of Rs. 10,180 Crore achieved in corresponding period last year (CPLY).

Indian market closes lower on Friday

Mumbai, Aug 11 (IBNS): The Indian market ended lower on Friday with BSE Sensex down 317.74 points at 31,213.59 and NSE Nifty down 109.45 points at 9,710.80.

Major investor Benchmark sues former Uber CEO Travis Kalanick

San Francisco, Aug 11 (IBNS): Former Uber CEO Travis Kalanick has been sued by one of the company's early investor Benchmark, media reports said.

Economic Survey 2016-17 Volume-2 : State of the Economy - Analytical Overview and Outlook

New Delhi, Aug 11 (IBNS): Union Finance Minister Arun Jaitley presented the second volume of the Economic Survey for 2016-17 in the Lok Sabha on Friday.

Taapsee Pannu joins Panasonic’s brand ambassador bandwagon

Kolkata, Aug 10 (IBNS): Consumer electronics brand Panasonic India on Thursday announced the appointment of Bollywood celebrity Taapsee Pannu, as the brand ambassador, in addition to Varun Dhawan, the existing brand ambassador for its Smartphone Business.

Jet Airways announces freedom sales

Mumbai, Aug 10 (IBNS): Jet Airways, India’s premier full service international airline, on Thursday announced a special six-day celebratory fare sale to mark India’s 70th Independence Day.

Nissan India launches NissanConnect

Chennai/Kolkata, Aug 10 (IBNS): Nissan India on Thursday launched NissanConnect, an integrated information and communication platform that connects with the customer’s smartphone to provide enhanced driving experience.

Symphony records PAT at Rs.24 Cr. in Q1 FY 2017-18

Mumbai, Aug 10 (IBNS): Air cooler company, Symphony Limited, reported net profit at Rs. 24.04 crore for the quarter ended June 2017 as against Rs. 31.56 crore in the corresponding quarter ended June 2016.

Dwarikesh Sugar's Q1 profit rises by 88% YoY

Mumbai, Aug 10 (IBNS): Dwarikesh Sugar Industries Ltd, reported net profit of Rs 59.3 crore for the quarter ended June 2017, as compared to profit of Rs 31.5 crore, during the corresponding quarter last year, a growth of 88% YoY.

Manpasand Beverages net profit up 25.04% at Rs. 35.82 crore in Q1 FY 2017-18

Mumbai, Aug 10 (IBNS): Indian fruit drink player manufacturer Manpasand Beverages Ltd. has reported a 25.04% rise in net profit at Rs. 35.82 crore for the first quarter ended June 30, 2017 as against net profit of Rs. 28.65 crore in the corresponding quarter of previous fiscal.

SpiceJet registers 10th consecutive profitable quarter

Gurgaon, Aug 10 (IBNS): SpiceJet reported a profit of INR 175 crore for the three months ended June 30th, 2017 as against 149 crore in the same quarter last year, making it the 10th successive profitable quarter for the airline. The profits grew by 18% during this period.

Tata Motors and Skoda cease discussions around potential partnership

Mumbai, Aug 10 (IBNS): Tata Motors and Skoda Auto have performed a joint technical feasibility and commercial evaluation of a potential collaboration. Based on intense and constructive discussions, both the companies have jointly concluded that the envisioned areas of partnership may not yield the desired synergies as originally assessed.

HCC wins Rs 810 crore JKSPDCL contract

Mumbai, Aug 10 (IBNS): Infrastructure major Hindustan Construction Company (HCC) has been awarded a contract worth Rs 810.37 crore by Jammu & Kashmir State Power Development Corporation Limited (JKSPDCL).

Nifty posts one-month lowest closing, Indian benchmarks close lower on Thursday

Mumbai, Aug 10 (IBNS): The Indian market closed lower on Thursday with BSE Sensex down 266.51 points at 31,531.33 and NSE Nifty down 87.80 points at 9,820.25.