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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.Business
ITC Q4 net profit rises 18.72 pc to Rs 3,481.9 crore; Sanjiv Puri is...

Shares of ITC closed 3.09 per cent down at Rs 288.50 on the BSE.

13 May 2019 4:41 PM IST

Paytm Mall has also unveiled the exclusive online launch of Vivobook X507 on its platform, available through Asus offline retail stores.Business
EY probes cashback fraud at Paytm Mall, to build tech-driven...

Some employees Paytm allegedly worked with third-party vendors and created fake orders to siphon off cashback offers.

13 May 2019 4:16 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.Business
Allahabad Bank cuts lending rate by 5 bps

Most of the loans including housing loans are benchmarked against MCLR for one year.

13 May 2019 2:38 PM IST

Amul brand, today reported 8 per cent increase in its turnover to Rs 29,220 crore for the last fiscal ended March 31.Business
Amul expects revenue to grow by 20 per cent to Rs 40,000 cr in 2019-20

GCMMF posted 13 per cent increase in its turnover at Rs 33,150 crore during 2018-19 from Rs 29,225 crore.

13 May 2019 2:03 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)Business
HDFC Q4 profits rises 27 per cent to Rs 2,862 crore

Total income during the quarter rose to Rs 11,586.58 crore as against Rs 9,322.36 crore.

13 May 2019 1:33 PM IST

Sudha MurtyBusiness
Home Ministry cancels registration of Infosys Foundation

Registration cancelled for alleged violation of norms in receiving foreign grants said officials,

13 May 2019 1:31 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.Business
Jet Airways slumps after reports of Etihad's non-binding offer

Etihad wanted a commitment from banks on additional loans once it infuses equity into the company.

13 May 2019 11:02 AM IST

Mastercard has over USD 4.5 billion worth of investment in India.Business
De-duplication of Indian consumer data to complete by year-end:...

The moves comes in the backdrop of the regulator RBI asking such payment technology firms to comply with data...

13 May 2019 10:41 AM IST

The Supreme Court also referred to the National Crime Records Bureau Data stating every six hour a woman is raped in the country. (Photo: File | ANI)Business
Loan defaulters have no right to have lawyer in 'in-house' proceedings...

Supreme Court has ruled that the right to be represented by a lawyer does not extend to in-house proceedings.

12 May 2019 6:41 PM IST

Responses were drawn from over 300 manufacturing units from both large and SME segments with a combined yearly turnover of over Rs 3 lakh crore. (Representational image)Business
Positive sentiment in mfg sector in Q4, capacity utilisation up at...

About 40 per cent respondents reported plans for capacity additions for the next six months.

12 May 2019 6:29 PM IST

Government is keen and the telecom minister and secretary have also put a timeline on consideration of Trai recommendation issued up to December 31, 2017.Business
COAI approaches DoT to stop sale of mobile signal boosters on...

COAI told DoT, sale of such illegal items not only violates norms but also hampers service quality for subscribers.

12 May 2019 6:18 PM IST

\There is an imminent crisis in the NBFC sector. There is a credit squeeze, over-leveraging, excessive concentration, massive mismatch between assets and liabilities, coupled with some misadventures by some very large entities, which is a perfect recipe for disaster,\ Injeti Srinivas said.Business
Imminent crisis in NBFC sector: Corporate Affairs Secy

The financial system has been grappling with multiple woes in the wake of the turmoil at IL&FS group.

12 May 2019 5:09 PM IST

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