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Oil and Natural Gas Corporation or ONGC is a state-owned entity.

Cabinet allows ONGC to buy out govt stake in refiner HPCL

HPCL will become a subsidiary of ONGC and will remain a listed company post the acquisition.

19 July 2017 7:54 PM 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 Q1 net up 10 per cent to Rs 251 crore

Total income of the bank grew to Rs 12,304.10 crore for the June quarter of 2017-18 as against Rs 11,786.35 crore.

19 July 2017 5:57 PM IST

Shares of the company today closed 0.74 per cent lower at Rs 4,354.90 apiece on BSE.

UltraTech Cement Q1 net profit up 15.14 pc to Rs 897.91 cr

Total income from operations during the quarter under review stood at Rs 8,094.50 crore.

18 July 2017 5:09 PM IST

ITC shares rose as much as 5.5 percent in early trade to a record high of 292.15 rupees after news of the sale.

ITC shares tank up to 15 per cent on cigarette cess hike

GST Council raised the cess on cigarettes to take away an estimated Rs 5,000 crore annual.

18 July 2017 1:16 PM IST

The worlds largest memory chip maker estimated its operating profit in the October-December period at 9.2 trillion won ($7.8 billion), up 49.8 per cent from a year earlier.

Samsung Electronics tips profits to leap 50 pc

Fourth-quarter sales were estimated at 53 trillion won in the quarter, down 0.6 per cent on year.

6 Jan 2017 7:46 AM IST

The board has fixed March 18 as record date for determining entitlement of members for the purpose of payment of dividend.

Hero MotoCorp declares interim dividend of Rs 55 per share

Shares of Hero MotoCorp closed at Rs 3299.40 apiece, down 0.65 per cent on BSE.

7 March 2017 6:16 PM IST

Bank of Maharashtras former Pune zonal head violated norms while sanctioning loans to the company.

BoM Q1 net loss widens to Rs 412 crore as NPAs soar

Total income of the bank fell to Rs 3,209.84 crore in the three months to June of 2017-18.

31 July 2017 7:48 PM IST

Almost 85 per cent of these new planes in India are likely to be single-aisle with low-cost carriers operating more than 60 per cent of all flights.

India will need 2,100 planes in next 20 years: Boeing

India's share will account for more than 5.1 per cent of the total global demand of 41,030 aircraft.

31 July 2017 7:37 PM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)

SBI up 5 pc as it cuts interest rate on savings account deposits

Rate cut by SBI on savings bank account is a strategic move by the bank aimed at increasing profits.

31 July 2017 2:55 PM 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 wins govt nod for Rs 7,738 cr GSPC stake buy

Company will also pay part consideration of Rs 1,295 crore to GSPC towards acquisition rights.

28 July 2017 2:40 PM IST

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

ICICI Bank shares dip 3 per cent after Q1 results

Bank's net profit in the corresponding April-June quarter of 2016-17 stood at Rs 2,515.85 crore.

28 July 2017 12:22 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 shares up over 2 per cent post Q1 results

ITC's net sales during period under review was up 4.29 per cent to Rs 13,722.21 crore as against Rs 13,156.68 crore.

28 July 2017 12:16 PM IST