India’s second-largest private steel producer, JSW Steel, may bid for British Steel Ltd after the company’s liquidation advisor EY reached out to it, the Mint reported. JSW is looking forward to... Read more »
Ratings agencies ICRA and Crisil downgraded Dewan Housing Finance Corp Ltd’s (DHFL) commercial paper to their lowest ratings on Wednesday after the lender failed to make payments on bonds... Read more »
India Inc’s business confidence has fallen 9.1% to 115.4 points in quarter four (Q4) of the financial year (FY) 2018-19, as per a survey by the National Council of... Read more »
The country’s largest lender SBI has aims to grow 10-12 percent in the current financial year, with green shoots of revival in credit demand and better recoveries of loans.... Read more »
Bharti AXA Life Insurance Monday recorded a 25 per cent increase in its new business premium to Rs 911 crore in the financial year ended March 2019. The private... Read more »
As the talks with ArcelorMittal to form auto-grade JV firm is postponed, state-owned SAIL has started talking to other global players, a top company official said. SAIL is closely... Read more »
State-owned lender Oriental Bank of Commerce (OBC) on Saturday said it plans to collect an estimated Rs 3,000 crore through the sale of equity shares to qualified institutional investors.... Read more »
Shares of PC Jeweller were trading lower for the fourth straight day, dropped 10 per cent to Rs 77.80 on the National Stock Exchange (NSE) on Thursday on the... Read more »
State-owned mining and metals firm MMTC Thursday said its net profit dropped 8.26 per cent to Rs 11.76 crore in the March 2019 quarter. The company had recorded a... Read more »
State-owned NBCC Ltd Thursday secured a 7 per cent decline in consolidated net profit to Rs 142.45 crore for the quarter ended March 31, 2019. Its net profit was... Read more »