ICRA Ratings has estimated that the financial creditors would realise more than Rs. 800 billion in FY2020 from the Insolvency and Bankruptcy Code (IBC), compared to about Rs. 660... Read more »
Bharti Airtel Ltd’s fiscal-fourth quarter profit rose 29% from a year earlier because of a one-time gain of ₹2,022.1 crore and a tight control on sales and marketing expenses amid a... Read more »
Tata Chemicals, part of the over USD 110 billion Tata Group, on Friday reported 48.68 per cent year-on-year decline in consolidated net profit at Rs 1,386.85 crore for the... Read more »
Marico Ltd’s net profit went up 18% to touch ₹213 crore in Q4 (year-on-year basis), in line with analysts estimates. Its profit for the financial year 2019 grew to 14% to ₹930... Read more »
The BSE saw a 16.46 per cent year-on-year decline in consolidated net profit at Rs 51.86 crore during the fourth quarter ended March 31, 2019. The exchange had also... Read more »
The Anil Agarwal-led Vedanta secured a 29 per cent year-on-year decline in consolidated profit after taxes (PAT) at Rs 9,698 crore in the financial year 2018-19. The mining company... Read more »
Larsen and Toubro Infotech, the software services arm of L&T group secured a 36.2 per cent growth in consolidated net profit at Rs 1,515.5 crore in the quarter ending... Read more »
Private sector lender ICICI Bank reported a 5% drop in net profit to ₹969 crore in the fourth quarter ended March 31, 2019, as a result of higher expenses. This... Read more »
Global payments giant Mastercard decides to invest $1 billion or around Rs 7,000 crore in India over the course of five years. Out of the total capital, Mastercard plans... Read more »
The net import of gold by India went up by 27 per cent during the March quarter of calendar year 2019 on the back of fall in prices and... Read more »