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State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.Business
PNB posts Rs 940 crore loss in Q1

Total income of the bank rose to Rs 15,072 crore from Rs 14,468.14 crore in the year-ago period.

7 Aug 2018 1:20 PM IST

Britannia Industries Managing Director Varun Berry told \Once the decision is taken then we would have to get the capex going ... the earliest launch which we are looking at would be in next 9 to 10 months.\ (Photo:\ Representational Image)Business
Britannia Q1 net profit rises 19.41 per cent to Rs 258.08 crore

Shares of Britannia Industries were trading at Rs 6,318.95 apiece, down 1.19 per cent, on BSE.

6 Aug 2018 11:49 AM IST

HSBC Holdings PLC on Monday said profit rose 5 percent in the first half of 2017.Business
HSBC first-half pretax profit rises 4.6 pc, second-quarter beats...

HSBC reported a pretax profit of USD 10.7 billion in the six months through June, up from USD 10.2 billion.

6 Aug 2018 10:42 AM IST

India Incs revenue growth will slow down to 9 per cent in the January to March period on base effects, while the profit margins will shrink to a 12-quarter low of 18.6 per cent, a report said on Monday.Business
CSR spends increase by 44.57 per cent to nearly Rs 14,000 cr in FY16

Total CSR spending by companies registered with it increased to Rs 13,827.86 crore in FY16 from Rs 9,564.77 crore in FY...

6 Aug 2018 8:48 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.Business
Jet Airways slumps 6 per cent in morning trade on bourses

Shares of the company opened on a weak note at Rs 324.80, then fell 5.72 per cent to a low of Rs 312.25 on BSE.

3 Aug 2018 11:46 AM IST

The rating for the Model 3, which is lower priced than earlier Tesla models and aimed at giving the Silicon Valley automaker mass market appeal, was part of magazines annual survey of new vehicle reliability.Business
Tesla shares spike, dealing short-sellers a USD 1.7 billion loss

Tesla shares rallied $48.70 to $349.54 a day after the manufacturer said it would produce its new Model 3 sedan at a...

3 Aug 2018 10:15 AM IST

In 2015-16, MTNL reported a total annual revenue of Rs 3,197.41 crore and net loss of Rs 2,005.72 crore.Business
MTNL's losses mount to Rs 943 crore during June quarter

MTNL scrip closed at Rs 15.45 a share on BSE, about 0.64 per cent lower than the previous closing.

14 Aug 2018 7:25 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.Business
IDBI Bank Q1 loss widens to Rs 2,410 crore

IDBI Bank posted a loss of Rs 853 crore in the April-June quarter of last fiscal, 2017-18.

14 Aug 2018 4:12 PM IST

Sun PharmaBusiness
Sun Pharma Q1 net profit at Rs 982.51 crore

The company had posted a net loss of Rs 424.92 crore for the corresponding period of 2017-18.

14 Aug 2018 3:21 PM IST

Shares of United Breweries Ltd (UBL) on Monday surged over 8 per cent after the company reported a 37 per cent jump in its standalone net profit for the quarter ended June 30.Business
United Breweries shares jump over 8 per cent after Q1 earnings

The company had posted a net profit of Rs 161.89 crore in the corresponding period a year-ago.

13 Aug 2018 4:48 PM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.Business
Coal India Q1 profit up 61 per cent at Rs 3,786 crore

Net income rose 17 per cent to Rs 25,470.86 crore from Rs 21,774.42 crore in the year-ago period.

11 Aug 2018 5:24 PM IST

\The Chakmas travel long distances on foot to transport cementcharge Rs 8,000 for one bag. A WC pan comes for Rs 2,000,\ Public Health Engineering department junior engineer Jumli Ado said.Business
India Cements Q1 net profit falls 34 pc to Rs 26 crore

Net income declined to Rs 1,366.17 crore during April-June quarter of 2018-19 fiscal from Rs 1,466.75 crore in the...

11 Aug 2018 3:37 PM IST

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