Banking

India Hopes Hyderabad 'pharma City' Will Break China's Grip On Industry

India's ability to secure not just its own drug supply but that of Africa, the Americas and Europe is at stake Read more

SC Stays NCLAT Order In DHFL Case On Piramal's Appeal

NCLAT in January this year had directed the lenders of Dewan Housing Finance Corporation to reconsider their decision re... Read more

India's 'Unicorn Couple' Eyes First Start-up IPO Within A Year

OfBusiness, a supplier of raw materials from steel to chemicals to small businesses, could go for an initial public offe... Read more

Combined M-cap Of All listed Adani Group Firms Crosses Rs 16 Trillion

Shares of Adani Group companies traded higher by up to 16 per cent on the BSE on Monday, extending their last week's ral... Read more

Tata Power's Plan To Reduce Debt Through InvIT Gets Delayed

The company was planning to bring down its gross debt to below Rs 25,000 crore from Rs 49,000 crore with the InvIT struc... Read more

TCS Revenue Crosses Rs 50,000 Crore; Sees Record Order Book In Q4

The company's operating margins came in at 25.3 per cent for FY22 and 25 per cent for Q4 Read more

Some Banks Stop Credit For Oil Imports By Rosneft-owned Nayara: Report

HDFC Bank and international banks such as Citibank, JP Morgan, Deutsche Bank and Japan's Mitsubishi UFJ Financial Group ... Read more

Mukesh Ambani's Net-zero Plan: Inside RIL's Unique Energy Transition Story

The company has already spent $1.5 bn in acquisitions to lay grounds for its new energy forays that include solar, batte... Read more

TCS Attrition Continues To Inch Up; Firm To Hire 40,000 In Q1FY23

Attrition rate was 17.4% in Q4FY22; lower than peers, higher than firm's own rate a year ago Read more

India Inc's Overseas Direct Investment Rises 8.5% To $3.34 Bn In Mar

In the preceding month (February 2022), the outward foreign direct investment was USD 940.62 million Read more

Parl Panel Questions Sebi Chief On NSE Case, Ruchi Soya's Follow On Offer

Sebi Chairperson Madhabi Puri Buch on Tuesday appeared before a parliamentary panel and was questioned on the NSE contro... Read more

Bandhan Bank's Overall Collection Efficiency Ratio Stands At 96%

The overall collection efficiency ratio (CER) of private lender Bandhan Bank stood at 96% at the end of FY 2021-22, agai... Read more

Poonawalla Fincorp AUM Grows 17% To Rs 16,575 Crore In FY22

The finance company has set a target of having AUM of about Rs 45,000 crore by 2025. Read more

Zoom Opens Technology Centre In Chennai; Second In The Country

The company has two data centres in Mumbai and Hyderabad, a company statement said Read more

US-based Nithia Capital Acquires Steel Maker CREST For Rs 600 Crore

CREST is an integrated plant with a sponge iron capacity of 225 kilo tonne per annum (KTPA) Read more