IL&FS resolution to be addressed, green cos’ Rs 12,000 cr debt to be settled by July: Official

Loan exposure worth Rs 12,000 crore of almost 55 green companies of crisis-hit IL&FS group is likely to be settled by July end, a senior government official said as... Read more »

Titan hits a 14.4% increase in profit for Q4 at Rs 348 crore

Watches and accessories maker Titan Company Ltd on Wednesday secured a 14.4% jump in its consolidated net profit for the quarter ended March 31, while revenue at the maker... Read more »

Airtel’s Q4 profit up by 29%, tussle with Reliance Jio continues.

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 profit halves to Rs 1,386.85 crore in FY19, revenue rises 9.19%

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 Q4 profit increases 18% at ₹213 crore, volume growth for Q4 grows 8%

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 »

BSE net profit dips 16.46% to Rs 51.86 crore in quarter ended March 31, 2019

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 »

L&T Infotech profit soars 36.2% to Rs 1,515.5 crore in FY19, revenue up by 29%

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 »

Higher expenses drop ICICI Bank Q4 net profit by 5% to ₹969 crore

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 »

IIFL’s new venture targets fresh graduates with its financial advisory product.

IIFL has provided an instant solution for countless graduates and job-seekers with its Advisor Anytime Anywhere (AAA) product. This new venture hopes to establish a fresh league of young,... Read more »

Big Basket secures funding of USD 150 million, enters India’s unicorn club

Online grocery store Big Basket has reportedly received a fresh round of funding worth USD 150 million (about Rs 1,040 crore) led by Chinese e-tailer Alibaba and other investors... Read more »