In a setback to ICICI Bank, the National Company Law Tribunal (NCLT) has rejected the private lender’s plea to initiate insolvency proceedings against Era Infrastructure (India), citing “duplicacy” of claims. A two-member... Read more »
Tata Motors-owned Jaguar Land Rover (JLR) today obtained retail sales of 40,385 units for April, down 2.3 per cent from the same month last year. There has been a small decrease in... Read more »
Steel giant ArcelorMittal Thursday reported more than a 66 per cent drop in its net income to $0.4 billion for the quarter ended March 31, 2019. The world’s largest steel-maker had posted... Read more »
India’s fiscal deficit was at Rs 8.51 lakh crore in February-end reaching 4.52 per cent of GDP, a senior Finance Ministry source told a news agency. The receipts are enough to cover... Read more »
Reliance Brands Limited, a subsidiary of Reliance Industries and C Banner International Holdings has acquired 100% shares of Hamleys Global Holdings Limited, the parent of Hamleys brand from C Banner International. Founded... Read more »
PNB Housing Finance Thursday secured a 51 per cent increase in its consolidated net profit to Rs 379.77 crore for the fourth quarter ended March 2019. The company’s net profit stood at... Read more »
Shares of Apollo Tyres hit a 26-month low of Rs 185 apiece, down 5 per cent intra-day on the BSE on Thursday, after the company reported a drop of 66 per cent year on... Read more »
A small-time stock trader is always scared about burning a hole in his pocket; especially at times of market volatility. Amit Lalan, Director, Upstox lays out 10 basic rules which can help... Read more »
Yes Bank shares went up 6 per cent in late morning deals on Thursday after slipping nearly 2 per cent in early trade after ratings agency India Ratings (Ind-Ra) downgraded the bank’s... Read more »
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 he reiterated that... Read more »