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jet airways hits fresh 52 week low on net loss of rs 10 billion in q4 - Search

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jet airways hits fresh 52-week low on net loss of rs 10-billion in q4




shares of jet airways have slipped by 8% to rs 386 per share, their fresh 52-week low on the bse in early morning trade, after the airline company reported a standalone net loss of rs 10.36 billion in march quarter (q4fy18), due to higher fuel cost. it had posted a net profit of rs 6.02 billion in t...



etihad airways reports first loss since 2010




air france-klm in $1-billion equity deals to expand allianceslg electronics books q2 profit held back by mobilesbusiness standardetihad airways, one of west asia's three largest carriers, plunged to a $1.9 billion loss last yearreuters  july 28, 2017 last updated at 02:45 isthttp://mybs.in/2uxngex



markets live: indices edge higher, nifty above 10,450; it, pharma stocks up




jet airways hits fresh 52-week low on net loss of rs 10-billion in q4   shares of jet airways have slipped by 8% to rs 386 per share, their fresh 52-week low on the bse in early morning trade, after the airline company reported a standalone net loss of rs 10.36 billion in march quarter (q4fy18), du...



india's jet airways to buy 75 boeing jets in multi-billion dollar order




indian airline jet airways has entered an agreement to buy 75 boeing 737 max aircraft in a deal that could be worth more than $7 billion.



jet airways finalises deal for 75 boeing 737 max planes worth $8.7 bn




jet airways has finalised an $8.7-billion deal to acquire 75 boeing 737 max planes as the airline plans to launch routes and grow its market share. the mumbai-headquartered airline and boeing signed a purchase contract last week. with the latest deal, jet airways will have 150 737 max planes on orde...



markets live: sensex opens at fresh high, nifty hits 10,700; infy down 1%




9:12 amtechnical calls by prabhudas lilladherbuy bhel cmp: rs 102.70 target: rs 115 stop loss: rs 95 the stock has given a good run after making the bottom at around 88 levels and currently has given a breakout above the previous peak of 101.50 level to signify strength and potential to rally furthe...



fraud-hit pnb posts biggest ever quarterly loss of rs 134.17 billion in q4




scam-hit punjab national bank’s (pnb’s) loss in the fourth quarter of 2017-18 has been the highest quarterly loss reported by any bank in india ever. this was owing to fraudulent loans worth rs 143 billion issued to jewellery firms belonging to nirav modi and mehul choksi. the reserve bank of in...



ground handling equipment hits jet plane




a ground handling equipment hit an aircraft of the jet airways at the chhatrapati shivaji international airport on wednesday.the jet airways plane was stationed in the parking bay when the incident took place.the incident affected the mumbai-ahmedabad jet lite flight s2-4329 boeing 737 aircraft.the ...



dena bank q4 net loss widens to rs 12.25 bn as bad assets soar 22%




state-owned dena bank on friday reported widening of its net loss to rs 12.25 billion in the march quarter on mounting bad loans and higher provisioning to cover them. the net loss was rs 5.75 billion in the january-march quarter of 2016-17. sequentially, the loss widened from rs 3.80 billion in dec...



fresh lending dries up at dena bank; q4 net loss widens to rs 12.25 bn




public sector lender dena bank will virtually stop lending to new borrowers, after the reserve bank of india (rbi) put further restrictions on providing fresh credit exposure and staff recruitment. the mumbai-based lender is without a managing director and chief executive officer after ashwani kumar...



videocon industries q2 net loss at rs 10.33 billion




debt-ridden videocon industries on monday reported widening of net loss to rs 10.33 billion for the second quarter ended september 30, 2017.it had reported a net loss of rs 4 billion for the july-september quarter of 2016-17 fiscal, videocon industries informed bse.its total income declined 68.30 pe...



qatar airways to expand despite 'large loss': chief




qatar airways will continue to expand even as it prepares to announce "large" annual losses due to a blockade by neighbours, the airline's chief executive said on monday.



airline stocks tumble amid rising fuel prices; interglobe's shares tank 20%




stocks of airlines have hit some air pockets, slumping up to 20 per cent in just three trading sessions this month amid rising fuel costs and weak quarterly earnings of interglobe aviation impacting investor sentiment. among the three-listed airlines, jet airways and spicejet are yet to announce the...



jet airways, air france-klm, delta consortium to bid for air india




a consortium of jet airways, air france-klm and delta airlines understood to have expressed interest in the disinvestment of national carrier air india, according to sources. moving ahead with the strategic disinvestment of loss-making air india, the government is expected to soon invite expression ...



idea cellular posts sixth straight quarterly loss in q4 at rs 9.6 bn




idea cellular, the country’s third largest telecom operator by subscribers, posted a consolidated net loss of rs 9.62 billion on a gross revenue of rs 61.3 billion in the march quarter, making it the sixth consecutive quarterly loss for the company. the company posted a standalone net loss of rs 4...



union bank posts consecutive quarterly net loss at rs 25.6 billion




union bank of india posted a net loss of rs 25.6 billion for the quarter ending march 31 (q4), against a net profit of rs 1.08 billion in the corresponding quarter of the previous fiscal year. this is the second consecutive quarter the lender has posted a net loss. for the quarter ended december, th...



air india stake sale: jet airways, air france-klm, delta consortium to bid




a consortium of jet airways, air france-klm and delta airlines is understood to have expressed its interest in the air india disinvestment, according to sources. moving ahead with the strategic disinvestment of loss-making air india, the government is expected to soon invite expressions of interest ...



state bank of india posts record loss of rs 77 bn in q4; stock rises 3.7%




mumbai: the country’s largest lender, state bank of india (sbi), posted its highest-ever net loss of rs 77.18 billion for fourth quarter ended march 2018 (q4) as asset quality worsened and it made large provisions for bad loans. the higher provisions for the erosion in the value of the bond portfo...



bankrupt alitalia had debts of $4.4 billion at end of february, government




milan: loss-making airline alitalia, which asked to be put under special administration on tuesday, had debts of around 3 billion euros ($a4.45 billion) as of february 28, italy's government said.in a document marking the opening of the special administration process and the appointment of three c...



bankrupt alitalia had debts of $4.4 billion at end of february, government




milan: loss-making airline alitalia, which asked to be put under special administration on tuesday, had debts of around 3 billion euros ($a4.45 billion) as of february 28, italy's government said.in a document marking the opening of the special administration process and the appointment of three c...



axis bank posts first quarterly loss since listing in 1998 at rs 21.8 bn




private sector lender axis bank reported its first net loss, of rs 21.8 billion, for the quarter ended march as non-performing assets (npas) soared and provisions for bad loans surged three times over the corresponding quarter last year. the results were well below street expectations on most key pa...



jet airways to launch services under udan from june 14




naresh goyal-promoted private carrier jet airways will launch services under the centre’s regional connectivity scheme, udan, from june, with the first flight to be operated on the lucknow-allahabad-patna sector. the full-service airline, in which gulf carrier etihad airways holds 24 per cent stak...



nine of 10 most valued cos add rs 666.2 bn in m-cap; tcs biggest gainer




nine of the 10 most valued indian companies together added rs 666.19 billion (rs 66,619.4 crore) in market valuation last week, with tcs and reliance industries (ril) emerging as the biggest gainers. barring sbi, rest nine companies including hdfc bank, itc, hul and infosys saw rise in their market ...



government denies approval for jet airways-jet lite merger




jet airways on wednesday said the government has not given approval for the merger of its subsidiary jet lite with itself, nearly three years after the proposal was announced by the full service carrier. the merger proposal was approved by the board of jet airways in september 2015 and was later cle...



microsoft 2q18: trump tax hit turns strong quarter into $6.3b loss




julien gong minshare this storymicrosoft has posted the results of the second quarter of its 2018 financial year, running up until december 31, 2017. revenue was $28.9 billion, up 12 percent year-on-year, and operating income was $8.7 billion, a 10-percent increase. net income was, however, a loss o...