Some public sector banks could soon receive an invitation from the government to discuss another round of mergers in the sector, a Finance Ministry official told The Economic Times. It... Read more »
Business tycoon, Ness Wadia, owner of IPL team Kings XI Punjab had been sentenced to two-year prison term for possession of drugs in Japan. The sentence however has been... Read more »
The Supreme Court today set aside the Union Government’s decision to merge National Spot Exchange Ltd (NSEL) with Financial Technologies India Ltd (FTIL), now 63 Moon Technologies Ltd. NSEL, which was promoted... Read more »
Yes Bank shares are currently at Rs 174.35, down by 26.60%. Shares of Yes Bank plunged 27 percent in the early trade on April 30 after company reported weak set of... Read more »
Tata Steel, India’s largest private sector steel producer, reported an 84% drop in fiscal fourth quarter consolidated net profit mainly because the year-earlier profit was boosted by a one-time... Read more »
Maruti Suzuki India, the country’s largest car maker, has reported 2.91 per cent year-on-year decline in its consolidated profit after tax (PAT) at Rs 7,650.60 crore for the full... Read more »
Three NBFCs, Indiabulls Housing Finance Limited, Industrial Finance Corporation of India Limited and PNB Housing Finance Limited, have come under the scanner for allowing an important provision in the... Read more »
Tata Global Beverages, a subsidiary of Tata Group, has announced a 16.4 per cent year-on-year decline in consolidated profit after tax (PAT) at Rs 474 crore for the year... Read more »
The Enforcement Directorate (ED) has asked former Managing Director (MD) & Chief Executive Officer (CEO) of ICICI Bank Chanda Kochhar on May 3 in connection with the Videocon money... Read more »
Jindal Steel and Power Ltd (JSPL) Tuesday said it has completed delivery of its one lakh tonne first-ever rail order, which the firm had bagged from the Indian Railways.... Read more »