India’s top digital payments firm Paytm on Tuesday has started a credit card with Citigroup, widening its financial product base while giving its banking partner an opportunity to vastly expand its credit card customer... Read more »
Passenger vehicle (PV) sales in India dropped by 17.07 percent in April, the sharpest decline since October 2011, as weak customer sentiment led by liquidity crunch, uncertainty revolving elections and high product... Read more »
BSE, Asia’s oldest exchange and currently the world’s fastest exchange with the speed of 6 microseconds has become India’s first ever stock exchange to get certified with International Standard for Business Continuity... Read more »
Housing Development Finance Corporation (HDFC) reported a standalone net profit of Rs 9,632.46 crore during the financial year 2018-19. The housing finance company had posted a net profit after tax of Rs... Read more »
Avenue Supermarts, which heads the DMart chain of stores in the country, achieved a 21.4 per cent year-on-year net profit growth and a 32.1 per cent year-on-year revenue growth for the quarter ended March... Read more »
There is a turmoil in the non-banking financial companies (NBFCs) sector as inefficiencies by some large entities and credit squeeze present a perfect recipe for disaster, a senior government official has said.... Read more »
In a setback to ICICI Bank, the National Company Law Tribunal (NCLT) has rejected the private lender’s plea to initiate insolvency proceedings against Era Infrastructure (India), citing “duplicacy” of claims. A two-member... Read more »
Tata Motors-owned Jaguar Land Rover (JLR) today obtained retail sales of 40,385 units for April, down 2.3 per cent from the same month last year. There has been a small decrease in... Read more »
Steel giant ArcelorMittal Thursday reported more than a 66 per cent drop in its net income to $0.4 billion for the quarter ended March 31, 2019. The world’s largest steel-maker had posted... Read more »
India’s fiscal deficit was at Rs 8.51 lakh crore in February-end reaching 4.52 per cent of GDP, a senior Finance Ministry source told a news agency. The receipts are enough to cover... Read more »