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IT officials raid an Axis Bank branch in Noida on Thursday. (Photo: PTI)

Axis Bank's Q3 net profit up 25 per cent at Rs 726 crore

Axis Bank's scrip was trading at Rs 618.45 a share on BSE, up 4.78 per cent.

22 Jan 2018 3:34 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL may acquire MRPL in cash, share-swap deal

India's biggest oil and gas producer, last week announced acquisition of HPCL for Rs 36,915 crore.

22 Jan 2018 2:18 PM IST

McDonalds India has terminated the franchise agreement for 169 fast-food outlets in north and east India run by CPRL.

NCLT direct McDonald's to reply show cause notice for contempt

High court in November had put a stay on the NCLT notice after McDonald's challenged the order.

22 Jan 2018 1:37 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC stock jumps 6 pc on 51.11 pc stake acquisition in HPCL

ONGC will pay Rs 473.97 per share for 77.8 crore shares of government in HPCL.

22 Jan 2018 11:24 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

Over 20 pc of TCS' hiring in last 12 months was outside India

In Oct-Dec 2017 quarter alone, Mumbai- headquartered firm recruited almost 3,000 people from outside India.

22 Jan 2018 11:09 AM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC to acquire govt stake in HPCL for Rs 36,915 crore

ONGC will pay govtRs 473.97 per share, a premium of over 10 per cent of 60-days weighted average of HPCL's scrip.

20 Jan 2018 5:22 PM IST

Last year, Airbus rival Boeing has started construction of its first overseas facility in Chinese port city of Zhoushan as part of its plans to produce 737 planes.

Airbus delivers 176 aircraft to China in 2017

2017 marks an incredible year for Airbus as we created a new record of global deliveries of 718.

20 Jan 2018 4:58 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Jio logs first net profit of Rs 504 crore in Dec quarter

The revenue from operations came in at Rs 6,879 crore, 12 per cent higher than the trailing quarter.

20 Jan 2018 10:08 AM IST

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)

Bharti Airtel transfers 25 pc stake in DTH arm to Nettle Infra

Bharti Airtel already holds 95 per cent stake in Indo Teleports.

20 Jan 2018 10:01 AM IST

Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focused on monetising assets within, Railway Minister Piyush Goyal said. (Photo: PTI)

Govt to allot 11 mines to Coal India Ltd, says Goyal

CIL has a target to produce 1 bn tonne coal by March 2020, up from around 600 MT projected in current fiscal.

20 Jan 2018 9:52 AM IST

Wipro posts third-quarter profit fall

Revenue from Wipro's IT services segment rose marginally to 132.35 billion rupees.

19 Jan 2018 4:32 PM IST

Honda recalls 22,834 cars across various models in India

According to company, recall will affect 510 units of the premium sedan Accord, 22,084 units of City.

19 Jan 2018 3:05 PM IST