Digital forensics to help probe for wrong-doings at debt ridden IL&FS, 45 of its group firms shut

The Serious Fraud Investigation Office (SFIO) has been investigating the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) since last October. Now, they are turning to cyber forensics to dig in for more... Read more »

Tata Motors Q4 FY2019 drops 49 %, JLR business picks up pace

Tata Motors consolidated business (including commercial vehicles and Jaguar Land Rover) has recorded a downside of 49 per cent in profits in the last quarter of FY2019. Its net revenue in the same quarter stood... Read more »

Bharat Forge Q4 net profit increases threefold to Rs 299.5 crore

Auto components major Bharat Forge on Monday achieved a nearly threefold jump in its standalone net profit to Rs 299.5 crore for the March quarter. The company had reported a standalone net... Read more »

News18-Ipsos poll suggests 42-45 seats for BJP-Sena, while 4-6 seats for Congress-NCP in Lok Sabha elections

An exit poll on Sunday predicted that the BJP-Shiv Sena alliance could achieve a 42-45 seats out of the 48 seats in Maharashtra in the Lok Sabha elections 2019. The News18-Ipsos exit... Read more »

Market thumbs huge gains to Modi’s likely second term, Sensex booms over 1000 points

With the Modi wave having an effect in most part of the country, the markets have felt a fair share of the impending election poll results. As euphoria grips investors on the prospects... Read more »

Exit Polls show NDA well ahead to form the next government

The exit polls are showing a clear majority for the incumbent government and that Narendra Modi led BJP government is going to have a second term. The majority of exit polls released after... Read more »

Niti Aayog provides a Rs 7,500-crore proposal for AI platform, research institutes

Niti Aayog has distributed a cabinet note to provide Rs 7,500 crore for the establishment of AIRAWAT, a cloud computing platform along with research institutes. This is part of the policy think... Read more »

ICEX to launch Black pepper contracts: Fast track growth post NMCE merger

Indian Commodity Exchange Limited (ICEX) has launched and revamped the black pepper futures contract on 20 May 2019. The change in the contract has been brought upon following extensive consultations with market... Read more »

SIDBI net up 28% to Rs 519.36 crore in FY19 fourth quarter

Small Industries Development Bank of India (SIDBI) on Thursday reported a 28.22 per cent increase in net profit at Rs 519.36 crore for the March quarter as against Rs 405.06 crore in... Read more »

Bank of India records Rs 252 cr Q4 profit as a result of reduction of bad loans

State-run Bank of India Thursday achieved a profit of Rs 251.79 crore for the fourth quarter ended March 2019 owing to reduction of bad loans. The bank had reported a net loss... Read more »