The Reserve Bank of India (RBI) will seek a legal opinion in the Kotak Mahindra Bank’s promoter holding issue. The Bombay High Court last month adjourned its hearing of... Read more »
State-run power giant NTPC Saturday recorded a 48.7 per cent increase in its standalone net profit at Rs 4,350.32 crore for the March quarter compared to the year-ago period... Read more »
Cement maker India Cements Ltd secured a net profit of Rs 43.85 crore for the January-March quarter on the back of increase in cement volumes and net plant realisations.... Read more »
Foreign investors have removed a net amount of Rs 4,375 crore from the Indian capital markets in May so far, driven by global and domestic factors. Before this, overseas... Read more »
The domestic passenger traffic had seen an upward trend between July 2013 and March 2019, after witnessing year-on-year de-growth in June 2013, the rating agency said in the note... Read more »
As political uncertainty subsides following the decisive win for BJP-led National Democratic Alliance, nation’s capital markets are expected to show signs of low volatility and any corrections would be... Read more »
ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), Friday reported a 71 per cent increase in its 2018-19 fiscal year net profit... Read more »
Anil Ambani led Reliance Capital, has signed an agreement with Nippon Life Insurance of Japan to divest its stake in Reliance Nippon Life Asset Management, according to a statement from... Read more »
General Insurance Corporation (GIC Re) of India Thursday suffered a 19.7 per cent fall in standalone net profit at Rs 603.37 crore in the last quarter of the fiscal... Read more »
A decisive mandate for the National Democratic Alliance (NDA) on Thursday has expected a higher pace of economic reforms. This is a day after the United Nations (UN) lowered its FY20 gross domestic... Read more »