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Amazon CEO, Jeff Bezos

Amazon CEO Jeff Bezos topples Bill Gates to become richest man in the...

Amazon stocks zoomed 13 per cent, its biggest leap in two and a half years, swelling Bezos' portfolio by USD 10.4...

29 Oct 2017 1:55 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

Govt may rope in LIC in PSU bank recap programme

Finance Minister Arun Jaitley last week said that there were multiple options before the government for recap bonds.

29 Oct 2017 12:58 PM IST

SBI is Indias largest public sector lender. (Photo: PTI)

SBI General posts Rs 251 crore profit in Q2

The company's gross premium increased to Rs 926 crore from Rs 690 crore a year ago.

29 Oct 2017 10:19 AM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Bandhan Bank Q2 net profit rises 18.2 pc to Rs 331 cr

Net interest income of the lender for the reporting quarter was at Rs 694 crore as against Rs 596 crore.

28 Oct 2017 6:40 PM IST

New Rs 500 notes were issued after old Rs 500 and Rs 1,000 notes were scrapped. (Photo: Representational/PTI)

Cashfree raises $120,000 to automate bank transfers

Company in talks with investors to raise a larger round to scale its merchant acquisition and engineering teams.

28 Oct 2017 3:44 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

PSBs slide up to 8 per cent after investors take profit

Bank stocks were on fire surging up to 46 pc following the govt's announcement of Rs 2.11 lakh crore recapitalisation...

28 Oct 2017 12:18 PM IST

A representational image for textile or apparel industry. (Photo: PTI)

GST may cut garment shipments, cause loss of jobs: apparel exporters

Apparel exporters' body pressed for early consideration of tax refunds blocked on the purchase of ginned cotton

28 Oct 2017 12:01 PM IST

A technology expert says fear of job losses due to artificial intelligence are uncalled for. (Photo: PTI)

Madras HC to HRD Ministry: Tell us your plan for jobless engineers

PIL seeks direction to state govt to implement Tamil Nadu State Level Placement Programme in top IT firms.

28 Oct 2017 11:57 AM IST

Dassault to invest 100 million euros in India

Dassault to invest 100 million euros in India

It will manufacture components for the Legacy Falcon 2000 series of civil jets manufactured by Dassault Aviation.

28 Oct 2017 2:49 AM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

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 IST

Diversified conglomerate ITC on Thursday reported an increase of 7.37 per cent in standalone net profit to Rs 2,560.50 crore for Q1.

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 IST

ICICI Banks USD 7.5 billion global medium-term notes programme.

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 IST