Banking

Covid-19 Impact: United Breweries Posts Q1 Net Loss Of Rs 114.5 Crore

Beer maker United Breweries Ltd on Friday reported a consolidated net loss of Rs 114.50 crore for the first quarter ende... Read more

Fintech Firm BharatPe Appoints Suhail Sameer As First Group President

BharatPe claimed that it serves over 4 million merchants across 35 cities, and grew its business by 30 times in 2019. Th... Read more

Infosys Fines Director For 'inadvertent Trade' By Wife's Portfolio Manager

A penalty of Rs 2 lakh has been imposed on Bobby Parikh, Infosys said in a regulatory filing Read more

Fortis Slips Into Red In Q1, Posts Loss Before Tax Of Rs 208.26 Crore

Total income during the quarter fell by 47 per cent to Rs 610 crore Read more

Voltas Pre-tax Profit Drops 58% In June Quarter; Revenue Plunges 51%

Its operating revenue plunged 51 per cent to Rs 1,297 crores from Rs 2,654 crores last year Read more

Gammon India Consolidated Loss Narrows To Rs 135 Crore In March Quarter

Gammon India on Friday reported narrowing of its consolidated loss to Rs 134.96 crore for the quarter ended March 2020 Read more

NTPC Consolidated Pre-tax Profit Dips 6% To Rs 3,443 Crore In June Quarter

The firm's total income during April-June came down to Rs 26,794.68 crore, compared to Rs 27,353.36 crore in the year-ag... Read more

Hindalco Dives Into Red, Posts Q1 Consolidated Pre-tax Loss Of Rs 600 Cr

The company's consolidated net sales in the quarter gone by stood at Rs 25,283 crore, down 15.6 per cent from same perio... Read more

Karan Bajaj Says Will Not Build Another Startup After WhiteHat Sale

After the blockbuster sale of WhiteHat Jr for $300 million to Byju's, the former's founder Karan Bajaj said he is a 'wan... Read more

MFI Collections Rebounds By 70-75% After Covid-19 Restrictions Ease: Report

It further said to create a buffer for potential pandemic-related credit costs, MFIs are expected to focus on raising ad... Read more

German Group Allgeier SE's IQuest And Nagarro Merge Operations In Romania

This merged entity will bring together over 800 employees Read more

GoAir Brings Back Kaushik Khona As CEO, Airline's Third Change In 2 Years

Khona was at the helm of GoAir from April 2009 to June 2011 Read more

Helo India Head Rohan Mishra Quits Following Govt's Ban On Chinese Apps

Roshan Mishra joined the company in April Read more

NCLAT Sets Aside Insolvency Proceedings Against Ansal Properties And Infra

A three-member NCLAT bench observed that a decree-holder cannot be treated as financial creditor for the purpose of trig... Read more

Sterlite Power Offloads 14.7% Stake In IndiGrid For Rs 840 Crore

IndiGrid is India's first infrastructure investment trust in the power sector Read more