Jet Airways share price drops to 61.50, SBI Capital Markets to seek an investor

Jet Airways share price continued its slide for the thirteenth straight day after lenders led by State Bank of India (SBI) thought of taking the ailing airline to bankruptcy... Read more »

Bharti Airtel, Vodafone Idea shares drop after DCC imposes penalty on telcos

Shares of Vodafone Idea fell nearly 4 per cent, while Bharti Airtel stocks declined 3 per cent after Digital Communications Commission (DCC) cleared imposing penalty on the telecom companies... Read more »

BHEL locks 200 MW solar energy orders worth Rs 800 crore

State-run engineering firm BHEL on Sunday said it has received two orders worth Rs 800 crore for setting up solar energy capacity of 200 MW, and its solar photovoltaic... Read more »

India Inc revenue growth reaches a six-quarter low in Q4: Report

Weakness in consumer sentiments and softening commodity prices have led India Inc to deliver a six-quarter low revenue growth of 10 percent in the fourth quarter of FY19, a... Read more »

Punjab National Bank reveals loan defaults of over Rs 25,000 crore

The Punjab National Bank has revealed that over 1,142 defaulters across the country have defaulted to the tune of Rs 25,090.3 crore. The bank has initiated recovery proceedings by... Read more »

DHFL shares up 6% after repayment of interest on NCDs

Shares of Dewan Housing Finance (DHFL) rose on Wednesday after the company said it has cleared all its overdue payments on non-convertible debentures (NCDs). The NBFC also paid Rs 962 crore... Read more »

Moody’s reviews Yes Bank for downgrade; independent director Mukesh Sabharwal quits

Private sector lender Yes Bank reported a big blow on Tuesday when independent director Mukesh Sabharwal resigned, while Moody’s placed the bank’s ratings on review for downgrade. Global rating... Read more »

Flipkart turns to India for manufacturing its private labeled brands

Walmart-owned Flipkart has reportedly shifted a significant portion of manufacturing and sourcing for its in-house brands to India. The homegrown e-commerce major has been sourcing products for its brands... Read more »

TCS surpasses RIL to become most valued firm by market-cap

Tata Consultancy Services on Monday crossed the Reliance Industries to become the most valued firm by market valuation. Nearing trade, the market capitalisation (m-cap) of TCS was at Rs... Read more »

Anil Ambani’s Reliance Power reports a Rs 2,951 crore loss in FY19

Anil Ambani-led Reliance Power, the power generation and coal resources company, on Saturday recorded a net loss of Rs 2,951.82 crore for the financial year 2018-19 as against net... Read more »