HDFC results: Total income soars 22% from previous corresponding quarter

HDFC Bank has released its financial results for the quarter and financial year ended March 31, 2019. The standalone results have had a paradigm shift with a total income... Read more »

Jet Airways crisis: Lenders acting on non-IBC resolution if stake sale fails to succeed

The lenders of Jet Airways may soon favour resolution outside the insolvency law framework if the ongoing bidding process for stake sale in the embattled airline does not bear... Read more »

RIL Q419 Results: Reliance Industries net profit surges 9.8% to Rs 10362 cr

Reliance Industry (RIL) on Thursday reported a moderate consolidated profit of Rs 39,588 crore ($ 5.7 billion) given the high crude prices in the last few months. It even... Read more »

Mindtree’s special dividend may cost firm of Rs 320 crore ahead of L&T takeover

Amid the potential takeover of the company by L&T, Mindtree’s board Wednesday agreed to pay a special dividend to its shareholders, including promoters, that along with regular dividend and... Read more »

Jet Airways: The making and unmaking of once India’s private airline

Jet Airways has always been a household name for the young aspirational Indian. Born at the dawn of liberalization, it removed the monopoly previously enjoyed by Air India and... Read more »

Cairn appoints Ajay Dixit as CEO, says he is right fit for the role

Cairn Oil & Gas, a part of Vedanta, on Tuesday has appointed Ajay Kumar Dixit as its Chief Executive Officer. Ajay succeeds Sudhir Mathur, who after seven successful years... Read more »

What surprise will Reliance Industries spring even as Aramco eyes stake

This is the summer of Reliance Industries. India’s largest firm by market capitalisation is expected to announce market beating results even as the world’s largest oil producer Aramco is... Read more »

Nestle plans to ask for shareholders’ approval every 5 years on royalty to parent firm

FMCG major Nestle wishes to seek shareholders’ approval every five years for royalty payment to its Swiss parent firm Societe des Produits Nestle SA, after receiving their feedback over... Read more »

36 like Nirav Modi abscounding, Enforcement Directorate admits

The Enforcement Directorate on Monday rejected the bail plea of Sushen Mohan Gupta, alleged defence agent arrested in the AgustaWestland VVIP choppers scam, saying there was a likelihood of... Read more »

Infosys shares increase by 5% after Q4 results

IT major Infosys reported a jumbled set of fourth-quarter numbers, with margins coming in below expectations even as revenues came in-line. Infosys also reported strong large deal wins during... Read more »