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  Business   Companies  27 Oct 2017

Business, Companies, 27 Oct 2017

Canara Bank Q2 net profit down 27 per cent to Rs 260 crore

Net profit for the first half of the fiscal declined to Rs 511.78 crore from Rs 585.86 crore.

27 Oct 2017 7:42 PM

ITC Q2 net up 6 per cent at Rs 2,640 crore, cigarettes hit by high tax

Company's total income during the second quarter of 2017-18 was Rs 10,258.13 crore.

27 Oct 2017 7:32 PM

ICICI Bank posts 34 per cent fall in Q2 net profit

Gross bad loans as a percentage of total loans stood at 7.87 per cent at end-September.

27 Oct 2017 5:30 PM

ICICI Bank second-quarter profit falls, lags estimates

Gross bad loans as a percentage of total loans stood at 7.87 per cent at end-September.

27 Oct 2017 5:18 PM

Vedanta, Adani likely to bid for Bunder diamond project in MP

In August 2016, Rio Tinto announced it would not proceed with the development of Bunder due to commercial considerations.

27 Oct 2017 4:49 PM


Aditya Birla Fashion and Retail posts Rs 10 crore loss for Q2

It had reported net profit of Rs 65 crore in July-September quarter of last financial year.

27 Oct 2017 4:40 PM

Indian Railways launches its first set of solar plants in Delhi

Project part of govt's National Solar Mission in which Railways plans to commission 1,000 MWp solar plants.

27 Oct 2017 4:22 PM

Jaypee Infra insolvency: IRP floats EoI for resolution plans

Apex court extended time from October 27 to November 5 for company to deposit Rs 2,000 crore.

27 Oct 2017 4:20 PM

ITC second-quarter profit rises about 6 per cent

The company, said its expenses for the quarter fell about 39 per cent to Rs 63.14 billion.

27 Oct 2017 3:47 PM

Mobile wallets will enable unlimited transfer of funds: Paytm

Company says RBI guidelines released this month will enable mobile wallets to gain access to more functionalities.

27 Oct 2017 3:36 PM


Indian Oil records 18 per cent jump in Q2 net profit

Revenue from operations climbed about 10 per cent to Rs 1.11 trillion, the company said on Friday.

27 Oct 2017 3:01 PM

Samsung Bixby 2.0 to cater to multiple devices

This will help the global smartphone leader further strengthen its position against companies like Google, Apple and Amazon.

27 Oct 2017 2:47 PM

OYO calls off acquisition talks with ZO Rooms

OYO operates in more than 230 cities across India, Malaysia and Nepal.

27 Oct 2017 2:39 PM

Maruti Suzuki Q2 net profit grows 3.4 pc to Rs 2,484 cr

The company's stock was trading at Rs 8,171.45 per scrip, up 1.18 per cent on BSE.

27 Oct 2017 2:31 PM

Yes Bank shares tank nearly 10 per cent after Q2 earnings

Gross non- performing assets grew to Rs 2,720.34 crore during the second quarter of 2017-18.

27 Oct 2017 1:37 PM


Infosys 'rationalises' severance packages of employees

This move comes after Infosys recently gave a clean chit to controversy regarding severance pays of Rajiv Bansal and David Kennedy.

27 Oct 2017 1:36 PM

Amazon records 34 per cent jump in revenue on Whole Foods deal, Alexa

The Seattle-based company has grown from its online retail roots to cloud computing, streaming video, artificial intelligence and more.

27 Oct 2017 12:11 PM

Vedanta, Adani may bid for $9 bn Indian diamond mine left by Rio

Madhya Pradesh was likely to invite bids in first week of November to explore deposit.

27 Oct 2017 11:17 AM

Twitter says it could turn first-ever profit, shares soar

Twitter has put in efforts to hook people through live-streaming deals, like professional golf and news programs.

27 Oct 2017 10:01 AM

United Spirits records 85 per cent rise in Q2 net profit

The company's brands include those of McDowell's No 1 family, Royal Challenge, Antiquity and Black Dog scotch, among others.

27 Oct 2017 9:49 AM