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Business

Dr Reddy's posts 77 per cent rise in PAT

One is better business mix. And then product mix has also played a big role.

27 Oct 2018 12:18 AM IST

Indias forex reserves have shot up considerably.

Business

Forex reserves down by USD 942 million to USD 393.523 billion

Forex reserves had touched a record high of USD 426.028 billion in the week to April 13, 2018.

26 Oct 2018 6:08 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Business

Jet Airways hands over pink slips to 20 employees

Jet Airways has been reducing staff since it announced the second consecutive quarterly loss in August.

26 Oct 2018 5:46 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

Business

ICICI Bank Q2 net profit dives 42 per cent to Rs 1,205 crore

ICICI Bank shares closed at Rs 315.05 apiece on the BSE, down 1.45 per cent from their previous close.

26 Oct 2018 5:39 PM IST

$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

Yes Bank shares plunge 9 pc; m-cap drops Rs 4,076 cr post Q2 results

The bank's gross Non-Performing Assets reduced to 1.60 per cent of its total assets at the end of Sept.

26 Oct 2018 4:37 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Business

Sensex extends losses as new F&O series opens weak

Sensex and Nifty recorded their second straight week of losses by falling 966.32 points.

26 Oct 2018 4:06 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Business

Gold slips on easing demand from jewellers

Gold is trading at Rs 32,590 per 10 gram on sluggish demand from local jewellers even as overseas trend firmed up.

26 Oct 2018 3:10 PM IST

Business

Maruti ropes in Varun Dhawan as brand ambassador for Arena network

MSI is currently working on transformation of its retail network across the country under the Arena label.

26 Oct 2018 2:16 PM IST

Business

Aston Martin drives in all new Vantage in India priced at Rs 2.86...

Company aims to launch seven new products over the next seven years under its Second Century Plan.

26 Oct 2018 2:09 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

Business

ArcelorMittal wins bids to buyout Essar Steel

ArcelorMittal has been chosen by lenders to takeover debt-laden Essar Steel for about Rs 42,000 crore.

26 Oct 2018 1:30 PM IST

The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said. (Representational Image/AFP)

Business

Oil prices drop as oversupply looms amid global market woes

The global benchmark is on course for a weekly loss of over 4 per cent.

26 Oct 2018 12:41 PM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEO

Business

China agrees to increase imports from country: Suresh Prabhu

The Indian government is set to boost exports of rice and rapeseed to China to try to narrow this gap.

26 Oct 2018 11:57 AM IST