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Total 150 results found. Search for [ Devidutta Tripathy ]

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Devidutta Tripathy and Suvashree Dey Choudhury
March 2, 2016
Government had estimated last year that lenders would need to raise about $17 billion from markets over four years to meet total funding requirements of about $28 billion beyond projected profits.


Devidutta Tripathy
Mumbai, March 1, 2016
Finance Ministry Arun Jaitley, in his budget speech, stuck to earlier plans to provide $3.7 billion in new capital next year towards the escalating cost of a sector-wide bailout that the government estimates at $26 billion over four years.


Suvashree Dey Choudhury and Rafael Nam
Mumbai, February 11, 2016
The speech, to an audience of bankers and company executives in Mumbai, was meant as reassurance after shares of state lenders were pummelled this week, following a surge in bad loans many of them posted.


Nidhi Verma
February 6, 2016
A source at state-owned National Iranian Oil Co (NIOC) said Iran will charge in euros for its recently signed oil contracts with firms including French oil and gas major Total, Spanish refiner Cepsa and Litasco, the trading arm of Russia's Lukoil.


Devidutta Tripathy
January 28, 2016
Net profit rose 4.5 per cent to Rs 3,018 crore ($443 million) for its fiscal third quarter to December 31, from Rs 2,889 crore reported a year earlier, the bank said in a statement.


Devidutta Tripathy and Aditi Shah
Mumbai/New Delhi, January 28, 2016
Top lender State Bank of India (SBI), and two big private sector peers - ICICI Bank and Axis Bank - say demand for credit from smaller centres in the country is helping grow their overall home-loans books.


Devidutta Tripathy
January 25, 2016
Net profit rose to Rs 3,357 crore ($495 million) for its fiscal third quarter to December 31, from Rs 2,795 crore reported a year earlier, HDFC Bank said in a statement on Monday.


Devidutta Tripathy
Mumbai, January 20, 2016
Net profit rose to Rs 21.75 billion ($320 million) for the three months to December  31 from Rs 19 billion a year earlier, the Mumbai-based bank said on Wednesday.


Devidutta Tripathy and Clara Ferreira-Marques
December 9, 2015
Aditya Puri, a former Citibank executive, has been at the helm of HDFC Bank since its launch in 1994, making him the longest-serving head of any Indian bank.


Devidutta Tripathy and Clara Ferreira-Marques
Mumbai, December 9, 2015
Banks are grappling with more than $110 billion of corporate stressed debt, a burden that is holding back fresh loans and hampering a speedier economic recovery.


Suvashree De Choudhury and Devidutta Tripathy
December 1, 2015
The RBI said it was taking a \"more liberal approach\" for long-term foreign currency borrowing as well as for external commercial borrowings denominated in Indian rupees.


Sumeet Chatterjee and Devidutta Tripathy
Mumbai, November 24, 2015
The deal comes a month after the government allowed carriers to trade mobile airwaves, a move aimed at improving services in the world's second-biggest market by number of mobile customers.


Devidutta Tripathy
November 16, 2015
The stake sales will value ICICI Prudential Life Insurance Co Ltd at Rs 32,500 crore ($4.9 billion), the bank said in a statement. That would mean the deals would be worth a combined Rs 1,950 crore.


Anuradha Subramanyan and Sumeet Chatterjee
Singapore/Mumbai, November 16, 2015
The stake sale is part of the government's aim to raise Rs 69,500 crore ($10.52 billion) by March by selling minority stakes in government-owned companies.


Devidutta Tripathy
November 10, 2015
The government, which owns 61.8 per cent of Container Corp, will sell the stake through a stock market auction, the notice said.


Devidutta Tripathy
Mumbai, October 30, 2015
Net profit rose to Rs 3030 crore ($465 million)for its fiscal second quarter to September 30 from Rs 2,709 crore reported a year earlier, ICICI, which is also listed in New York, said in a statement.


Sumeet Chatterjee and Himank Sharma
Mumbai, October 27, 2015
IndiGo, India's largest airline by passenger numbers, is the only consistently profitable local carrier for the past seven years, according to consultancy Centre for Aviation (CAPA).


Tommy Wilkes and Siva Govindasamy
New Delhi/Singapore, October 14, 2015
The 85-year-old state-owned airline is unprofitable, overstaffed and losing market share. Country's aviation market may be the world's fastest growing, but it's dominated by younger, nimbler, low-cost rivals such as IndiGo and SpiceJet.


Reuters
New Delhi, October 14, 2015
The police said that they had searched the offices of 50 companies as part of a probe into the case, launched at the Bank of Baroda's behest.


Sumeet Chatterjee and Himank Sharma
September 18, 2015
Castex's stock price more than quadrupled in the three months to end-June, triggering the mandatory conversion of $130 million of bonds into company equity. The shares subsequently fell sharply.


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