Whirlpool of India net profit up 14% at ₹104 crore for fiscal year 2019

Whirlpool of India Friday reported a 13.91 per cent increase in profit at ₹104.1 crore for the fourth quarter ended March 31, 2019. The company recorded a profit of ₹91.38 crore... Read more »

State-run power giant NTPC Q4 profit at Rs 4,350.32 cr; recommends 25% final dividend

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 »

India Cements’ FY19 profit is at Rs 69.4 crore against Rs 100.6 crore in 2018

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 »

Downward trends in domestic traffic because of Jet Airways grounding says ICRA

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 »

ONGC Videsh FY19 net profit up 71% in excess of oil production

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 »

Reliance Capital to sell entire stake in RNAM to Nippon Life

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 »

GIC reports 19.7 % drop in net profit to Rs 603.37 crore in its March quarter

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 »

Bank of Baroda reports net loss of Rs 991 crore in March quarter

State-owned Bank of Baroda Wednesday reported a net loss of around Rs 991 crore in the Q419. The bank had suffered a net loss of Rs 3,102.34 crore in... Read more »

Lok Sabha elections counting starts, results will decide India’s PM

The Lok Sabha elections 2019 will be a deciding factor for the fate of 8,049 candidates. The counting of votes started at 8 am across 542 Lok Sabha constituencies at various... Read more »

IndusInd Bank net profit drops over 62% in March quarter, asset quality to blame

IndusInd Bank Wednesday reported a drop of over 62 per cent in March quarter net profit at Rs 360.10 crore. Net profit in the same quarter of 2017-18 financial... Read more »