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The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

AU Small Finance Bank reports 89 per cent jump in Q2 net profit

The bank's 79 per cent of the loan book is retail with around 95 per cent are secured.

22 Oct 2019 9:38 AM IST

The platform will be built on the Microsoft Azure IIoT cloud platform. (Photo: AP)

SAP in three-year cloud partnership with Microsoft

SAP is due to update investors on strategy at a capital markets' day in New York on Nov 12.

21 Oct 2019 3:43 PM IST

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency.

Whistleblower complaint placed before audit committee: Infosys

The company is taking unethical steps to increase short-term revenue and profits -- before its audit committee.

21 Oct 2019 2:59 PM IST

BSNL has also added 1.2 million subscribers through MNP during the month.

BSNL CMD expects revival plan to be in public domain within a month

BSNL Chairman and Managing Director P K Purwar also said that the salary of all employees will be paid before Diwali.

21 Oct 2019 1:48 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 slams Trai's IUC review; says move sabotages PM's Digital India...

Trai's move to reopen the deadline for ending charges for terminating calls on rival networks beyond January 2020.

21 Oct 2019 12:21 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI to conduct e-auction of 11 accounts to recover dues of Rs 467...

The bank said the financial assets were showcased on October 12 and the e-auction will take place on November 7.

21 Oct 2019 12:03 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Govt likely to float bids for Air India sale next month

The airline is sitting on a debt pile of around Rs 58,000 crore, besides huge accumulated losses running into thousands...

21 Oct 2019 11:46 AM IST

Through a strategic MoU, NSS and a Jaipur-based startup, InstaCash aims to assist differently-abled in their medical treatment

InstaCash, Narayan Seva Sansthan join hands to enable crowd-funding...

InstaCash App will provide an option of Donation' under its C2B re-commerce platform where secondhand Smartphone...

21 Oct 2019 10:37 AM IST

The platform has also rolled-out unique Diwali greeting stickers, employing which users can share highly personalised greetings.

Spread joy this Diwali with Likee's Diwali challenge, personalised...

Likee's Diwali Gift Challenge and stickers further expands the horizon of personalised social media engagement.

21 Oct 2019 10:31 AM IST

SpiceJet plans to operate wide-body planes next year

The airline official said that a final decision on wide-body aircraft is yet to be taken and various options are being...

21 Oct 2019 10:04 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Bharti Airtel to acquire 26 per cent stake in AMPSolar for Rs 8.4...

Airtel will subscribe to 84,000 equity shares, equivalent to 26 per cent stake in the company.

19 Oct 2019 4:34 PM IST

Thomas Cook India Group. (Photo: Twitter)

Thomas Cook India takes wait and watch strategy on brand use

Thomas Cook UK had ceased to be the promoter of TCIL after it transferred its entire stake in 2012 to Fairfax.

19 Oct 2019 12:58 PM IST