The real contribution of private sector banks has been to transform the way banking is done in India, says Chanda Kochhar, the MD & CEO of ICICI Bank.

The Exchange had received a record number of over 700 applications for new membership during its inaugural membership drive that commenced on September 5, 2012.

Apple Inc's shares jumped over 7 per cent on Monday, with one analyst calling a two-month sell-off in shares of the most valuable company on earth \"insanely insane\".

The data used for the rankings was based on published annual reports of banks and the Reserve Bank of India's Profile of Banks, 2011/2012.

Kolkata-based non-banking finance company Srei Infrastructure Finance is hoping to launch its first scheme under the infra debt fund (IDF) structure by January, 2013.

A company may show excellent growth in profit, but it could be a result of a one-time gain.

Computer maker Dell has reported 47 per cent drop in net profit to $475 million for the third quarter ended October, mainly on lower PC sales and weak demand from large enterprises.

The government has said it is planning 10 per cent stake sale in National Mineral Development Corporation (NMDC) by mid-December, which could fetch the exchequer about Rs 7,500 crore.

The 104-year-old public sector lender has, for the second year in a row, emerged India's best bank in the Business Today-KPMG study, ahead of all the seemingly more nimble and market savvy private banks that have sprung up in recent decades.

Vodafone reported a half yearly loss of 1.98 billion pounds ($3.18 billion), after booking an impairment charge of 5.9 billion pounds for its Spain and Italy operations.

Toyota Motor Corp is recalling 2.77 million vehicles around the world for a steering shaft defect that may result in faulty steering and a water pump problem.

Mobile communications company Vodafone Group PLC reported a big half-year loss after booking a hefty charge on its Spanish and Italian operations.

The bank clarified that the revision has no bearing on the final ratios as the upgrades have also gone down.

The consolidated sales during the second quarter also went down by 19.46 per cent to Rs 2,039.54 crore from Rs 2,532.41 crore in the year-ago period.

Net sales of the company was up 4 per cent to Rs 2,982.54 crore during the quarter as compared Rs 2,867.24 crore of the July-September period of FY'12, it said in a filing to the BSE.

Future Group firm Pantaloon Retail has reported consolidated net profit of Rs 257.90 crore for the September quarter.

Real estate firm Unitech has reported 46.80 per cent fall in its consolidated net profit to Rs 49.19 crore for the quarter ended September 30.

The BSE Sensex failed to maintain midweek gains, slipping by 72 points due to fag-end selling pressure mainly in Capital Goods, Refinery, Metal and Power sector.

Dabur has denied charges levelled by India Against Corruption (IAC) that the three Burman brothers, who own the company, had accounts with HSBC in Geneva.

Net sales were up by 10 per cent at Rs 14,572.54 crore during the period.