SIDBI announced net profit of Rs 540.33 crores for FY19.

 SIDBI net profit rose 40 % in 9monthsof FY19 vs same period in FY18. Mumbai/New Delhi: Financial performance highlights Industries Development Bank of India (SIDBI), the all India financial institution engaged in creating... Read more »

UFO earns net profit of ₹146 million. (Q3FY19)

UFO Moviez India Limited, India’s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens, today, announced its financial results for the quarter and nine months ended... Read more »

NBFCs to face margin contraction, growth moderation.

India Ratings and Research (Ind-Ra) has reportedly maintained a firm outlook on the retail NBFC sector and an unsteady one for wholesale NBFCs. This is specifically for lenders to real estate players... Read more »

UK court confirms Vijay Mallaya’s extradition

The Vijay Mallya extradition case has finally come to light. UK Home Secretary Sajid Javid today has signed the order for Mallya’s extradition to India. Mallya has a 14-days to appeal to... Read more »

Amazon pantry returns back to shelves

Amazon.com Inc’s grocery service will soon be back on its India website. This news came after the online retail giant faced disruption from revised e-commerce curbs which occurred in on Feb. 1. As per new federal rules, companies are barred... Read more »

Healthcare: A sector that needs new age innovation

Technical innovations in healthcare needs a robust policy framework. That’s what Indu Bhushan, the CEO of the government’s ambitious scheme Ayushman Bharat had to say. He added that technology has become the... Read more »

Emerging markets’ currencies dip low

The US with its strong dollar, rising oil prices and steady U.S. Treasury yields is holding on to recent gains. It however, put pressure on emerging markets on Monday, with their currencies... Read more »

Oil prices fall, supply however maintains its grip.

Crude oil prices fell low on Monday after gains during the previous session. There were expectations of shrinking supply and signs that China-U.S. trade tensions would ease. That could help oil price... Read more »
“Don’t want ANMI, BBF to support 5 accused brokers in NSEL”: Open letter

Mutual Funds CEOs summoned by SEBI, row over Zee

Markets regulator Sebi or Securities and Exchange Board of India has allegedly summoned the chief executive officers of four mutual fund institutions and one credit ratings agency over the controversies regarding Zee... Read more »

Interim Budget 2019: Farmers get a new ray of hope

The Interim Budget of 2019 may prove to be a farmer- friendly. To provide a stable income support to the small and marginal farmers, the Government is launching the Pradhan Mantri Kisan... Read more »