Banking

JP Morgan Chase Lays Off Around 1,000 Employees Of First Republic Bank

JP Morgan Chase is laying off roughly 1,000 employees of First Republic Bank nearly a month after it was seized by regul... Read more

NCLAT Sets Aside NCLT Order On Zee Entertainment-Sony India Merger

The appellate tribunal set aside the NCLT order on grounds of "violation of principles of natural justice" Read more

Promoters Of The Group Can't Dispose Of Vedanta Shares, Says Lender

Vedanta stake was pledged from 2020 onwards by the group's promoter Anil Agarwal to raise funds Read more

Engineers India Secures Business Worth Rs 4,700 Crore In FY23; Up 185%

Its quarterly net profit stood at Rs 190.18 crore in the fourth quarter (January-March) of FY23, up 140 per cent from Rs... Read more

HC Refuses To Interfere With Trai Decision Imposing Penalty On Vodafone

The Delhi High Court has refused to interfere with TRAI's recommendation for imposing a penalty of Rs 1,050 crore on two... Read more

FMCG Firm Emami Ltd Bets On Demands In Rural Markets To Grow In FY24

FMCG major Emami Ltd is looking to grow in the current financial year riding on the improving demands in the rural marke... Read more

Moody's Upgrades Rating Outlook On Tata Motors To Positive From Stable

Moody's Investors Service on Friday said it has upgraded its rating outlook on Tata Motors to positive from stable. Moo... Read more

FMCG Firm Adani Wilmar Enters Whole Wheat Category With Fortune Brand

Food FMCG company Adani Wilmar on Friday said it has entered into the whole wheat category with its brand Fortune. With... Read more

Funding Discussions Are On With Banks, Other Sources: Vi CEO Moondra

Says lack of 5G not hurting customer numbers so far, will rollout service as soon as investments come. Read more

Air India Will Move To Better Ticket Pricing System In A Few Mths: MD & CEO

Air India, which was handed to the Tata Group in January last year, posted a loss of about Rs 7,000 crore in 2021-22 Read more

Voltas To Build New Air Conditioner Manufacturing Unit In Tamil Nadu

Cooling products maker Voltas on Friday said it has performed the groundbreaking ceremony for the construction of its ne... Read more

Air India Relaxes Privilege Leave Norm For Staff Approaching Retirement

Air India has relaxed the new norm related to the accumulation of privilege leaves for those employees retiring in the c... Read more

NCC Posts 21% Fall In Q4 PAT To Rs 191 Cr, Operational Revenue Up 42.3%

The company's consolidated net profit after tax fell to 1.91 billion rupees ($23.12 million) in the three months ended M... Read more

Engineers India Ltd Expects More Orders From Middle East: Chairperson

EIL has raised its staff strength from 23 to 84 at its Abu Dhabi office to cater to the region, Shukla said Read more

'No Fungus Contamination In Lassi': Amul Terms Viral Video 'fake'

According to media reports, a video that has now gone viral on social media claimed that the fungus was found in packs o... Read more