Banking

SFIO Searches Sahara's Office In Lucknow, Probe Against Group Widens

Group's companies suspected to have diverted a huge amount of money to other subsidiaries after taking collections from ... Read more

Hiring Activities In Retail, E-commerce Bouncing Back Gradually: Naukri

Retail segment, which has been badly hit due to lockdown, is bouncing back gradually with an uptick in hiring of 15 per ... Read more

KKR Launches Platform To Acquire Renewable Energy Assets In India

Virescent would manage renewable energy assets and KKR's Infrastructure Fund would make the investments. Read more

BPCL Q2 Net Profit Jumps 58% On Refining Margins, Inventory Gains

Privatisation-bound Bharat Petroleum Corp Ltd (BPCL) on Thursday reported 58 per cent jump in September quarter net prof... Read more

Tata Motors PV Vertical Crosses 4 Mn Cumulative Production Milestone

The company, which over the years has produced models like the Indica, Sierra, Sumo, Safari and the Nano, had achieved t... Read more

Excessive Production Will Be Eliminated: Amit Aggarwal On Future Of Fashion

Ace fashion designer Amit Aggarwal believes coronavirus pandemic has pushed everyone in the fashion industry to adapt to... Read more

Private Sector Yet To Charge Up On Electric Vehicle Infrastructure

Foreign companies are more visible on technology side while domestic players like RIL-BP have plans only on paper Read more

IL&FS Resolves Rs 1,460 Crore Debt In Q2; Misses Target Due To Covid-19

The board is now looking to resolve Rs 13,200 crore of additional debt by December 2020 Read more

Franklin Templeton Case: Karnataka HC Says Consent Of Unit Holders Needed

The court has restrained the trustees from taking any further steps till the consent of unit holders via simple majority... Read more

Airtel Africa's Profit Falls 9% To $88 Million On Higher Finance Cost

In constant currency terms, Airtel Africa recorded a growth of 19.5 per cent to $472 million in operating profit on a co... Read more

L&T To Take Up Special Dividend Plan At Its Upcoming Board Meeting

The company did not disclose further details or the rationale for the move Read more

Telecom Sector Out Of Danger, Says Bharti Infratel Chairman Akhil Gupta

Bharti Infratel on Thursday announced a 24 per cent year-on-year decline in its profit after tax of Rs 733 crore for the... Read more

Amazon Faces JPC Action Over Refusal To Appear; Panel Grills FB On Data

Parliamentary Panel grills Facebook on data protection; Google, Twitter, Paytm executives to depose on Oct 28 Read more

Tech Mahindra To Acquire Tenzing Group, Momenton For Rs 293 Crore

IT company Tech Mahindra on Friday said it will acquire complete stake in New Zealand-based Tenzing Group and Australian... Read more

IDBI Bank Q2 Net Profit At Rs 324 Cr Vs Rs 3,459 Cr Loss A Year Ago

Net interest income up 4% to Rs 1,695 cr, NIM improves by 37 bps to 2.7% Read more