Home » Business

Business - Page 454

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.

ITC to get into new FMCG goods

The segment's Ebitda at Rs 688 crore in the last fiscal year, rose by 51 per cent year-on-year.

13 July 2019 2:44 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Charts point to lack of strength in market

The BSE Sensex was down 86.88 points at 38736.23, while the Nifty50 fell 35.20 points to 11547.70.

13 July 2019 2:42 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Realty projects of over Rs 4L crore stuck

Developers are joining hands to complete the projects.

13 July 2019 2:40 AM IST

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency.

Infosys ups revenue guidance for FY20

It had posted a net profit of Rs 3,612 crore in the April-June 2018 quarter, Infosys said in a BSE filing.

13 July 2019 1:25 AM IST

Snapdeal is estimated to have raised over USD 1.7 billion so far in multiple funding rounds.

Casio sues Snapdeal over fake goods

Snapdeal said that it will approach the court for review and modification of the order.

13 July 2019 1:22 AM IST

Large caps to benefit from US revenue growth on a low base.

Pharma sector to benefit from US biz

Pharmas expected to deliver double-digit revenue growth in the first quarter.

13 July 2019 1:21 AM IST

Anshula Kant is MD & CFO of World Bank

As MD & CFO, Kant will be responsible for financial and risk management of the World Bank Group, reporting to the...

13 July 2019 1:19 AM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Infosys to return 85 pc free cash via buyback, dividend over 5-year...

Infosys's existing policy was to pay up to 70 pc of the free cash flow annually by the way of dividend and/or buyback.

12 July 2019 7:57 PM IST

Telecom Regulatory Authority of India.

No complaint about non-adherence to channels pricing norms received by...

As per new regulations, every broadcaster is required to offer all its channels on a-la-carte basis and declare MRP per...

12 July 2019 7:13 PM IST

Representational image of an Indigo aircraft.

IndiGo promoter feud: Bhatia group says Gangwal's allegations are much...

This is the second time in three days that Bhatia camp has issued a statement.

12 July 2019 6:46 PM IST

Adani Enterprises today said it has sold 100 per cent stake in its wholly-owned subsidiary Adani Energy Ltd (AEnL) for Rs 13.61 lakh.

Adani Power seeks shareholders' nod to raise up to Rs 7,000 cr

The company proposes to have flexibility to infuse additional capital, to tap capital markets and to raise additional...

12 July 2019 6:33 PM IST

Private lender IndusInd Bank on Tuesday announced a pilot program with WhatsApp enterprise solution in India to communicate with its customers.

IndusInd Bank Q1 net jumps 38 per cent at Rs 1,433 crore

Total income grew to Rs 8,624.62 crore during the June quarter of 2019-20 under review, as against Rs 6,369.75 crore.

12 July 2019 4:29 PM IST