Business Today

HDFC Bank Q2 net profit rises 21% to Rs 5,005 crore

The net interest income for the quarter grew by 20.6 per cent to Rs 11,763.4 crore, driven by average asset growth of 22.9 per cent and a net interest margin of 4.3 per cent.

ICICI Lombard Q2 net profit surges 44% to Rs 293 crore

The gross direct premium income of the company increased to Rs 3,530 crore in the September quarter, registering a growth of 11.3 per cent over Rs 3,173 crore in the same period previous fiscal.

Indians hold three-quarters of H-1B visas in 2018, says USCIS report

According to the US Citizenship and Immigration Services (USCIS), there were as many as 419,637 foreign nationals working in the US on H-1B visas as on October 5. Of these, 309,986 are Indians.

ArcelorMittal selected as preferred bidder by Essar Steel lenders

The Lakshmi Mittal-owned global steel giant bagged the lenders' approval following a long legal battle with other players in the race for acquiring Essar Steel.

China to launch its own 'moon' in the sky to save energy, light up streets

China's artificial moon will replace conventional street lamps and help save energy, and a pretty penny in electricity expenses.