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Public lender United Bank of India has increased the marginal cost of funds based lending rate (MCLR) by 5 basis point or 0.05 per cent across tenors.Business
United Bank of India targets Rs 1,000 cr net profit in FY20

The bank managed to be in the black in the fourth quarter of the last fiscal by posting a bottomline of Rs 95 crore.

19 Aug 2019 9:36 AM IST

\The suggestion of alleged violation of FDI laws of India is completely misconceived and misplaced,\ Godfrey Phillips India said in a regulatory filing.Business
Godfrey Phillips profit doubles to Rs 118 cr in June quarter

The consolidated income of the company during April-June increased to Rs 858.49 crore, from Rs 612.56 crore.

10 Aug 2019 3:01 PM IST

Rovio has been hit by tough competition and high dependency on the Angry Birds brand, first launched in 2009.Business
Angry Birds maker Rovio's profit hit by Hatch expansion

Angry Birds second-quarter operating profit fell 11.3 pc to 5.3 mn Euros (USD 5.94 mn) on sales that were flat at 71.8...

8 Aug 2019 1:24 PM IST

Interestingly, the promoters of Emami Group have more than adequate pool of diverse assets of value.Business
Emami Q1 profit up 48 per cent to Rs 39 crore

The company had reported a profit of Rs 26.46 crore in April-June a year ago.

8 Aug 2019 1:22 PM IST

Today Samsung makes the screens that even Apple products use. Traditional and small Korean companies became global giants in this period.Business
Apple bounces back in India, logs double-digit growth in Q3

Apple clocked 1 per cent year-on-year growth in revenue at USD 53.8 billion for the quarter ended June.

1 Aug 2019 10:06 AM IST

Packaging and quality of retail box are very different. You can visit any Mi Home/ Mi Store to validate the original packaging.Business
China's Xiaomi boosts shares with USD 1.5 billion buyback plan

Xiaomi's market share in China declined by a fifth in the April-June quarter

3 Sept 2019 10:30 AM IST

Facebook said in an emailed statement that it was evaluating its legal options regarding the case. (Photo: AP)Business
Facebook warns revenue growth slowing, costs remain high

The company reported total costs and expenses increased 34 per cent to USD 12.22 billion in the fourth quarter.

30 Jan 2020 10:52 AM IST

Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.Business
Hyundai fourth-quarter profit beats view on brisk SUV sales, shares...

Hyundai booked a 129.8 billion won loss, its first quarterly loss in at least eight years as sales slumped in China.

22 Jan 2020 12:54 PM IST

Reliance Industries chairman Mukesh Ambani.Business
Billionaire Ambani's Reliance posts record profit on consumer strength

The company had previously said it would sign a definitive agreement with Aramco by March 2020.

18 Jan 2020 10:23 AM IST

Tata Steel is countrys major steel producer.Business
Tata Steel slips into red; reports Rs 1228 cr net loss in Oct-Dec

Tata Steel had posted a consolidated net profit of Rs 1,753.07 crore during the same quarter a year ago.

8 Feb 2020 11:18 AM IST

Japans fourth-largest automaker posted an operating profit of 51.8 billion yen (USD 471.34 million) for the October-December quarter.Business
Suzuki posts 11 pc fall in third-quarter profit, hit by slowing India...

Suzuki kept its forecast for full-year operating profit to drop 40 per cent to 200 billion yen.

7 Feb 2020 1:01 PM IST

DLF has a land bank of 269 million sq ft, of which 26.9 million sq ft of projects area was under construction at the end of the first half.Business
DLF Q3 net profit up 24 pc at Rs 414 cr; income down 36 pc at Rs 1,533...

Total income fell 36 per cent to Rs 1,533.34 crore in the third quarter of 2019-20 from Rs 2,405.89 crore.

6 Feb 2020 10:46 AM IST

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