Financial statements for December quarter imply that while business continues to remain sluggish, resulting in employment being stagnant or lower, companies continue to make record profits

As much as 34 per cent market share in the home loan segment is commanded by the SBI. Around 1000 home loan customers are onboarded per day on an average by the bank

After using technology to transform Indian banking and steering Infosys past its biggest crisis, K.V. Kamath, former Chairman, ICICI Bank, helped multilateral lender New Development Bank scale up massively during his five-year stint

Companies garner record profits in July-September after four quarters of decline as cost reductions and revival in economic activity boost balance sheets; manufacturing firms steal the show

While government claims on tax compliance and GST collections paint a healthier picture of the economy, tax-to-GDP has fallen for two consecutive years and tax collections across the board in the first half of FY21 are nowhere close to FY20, indicating that trouble is far from over

Aggregate net profits of 3,095 companies reached a record high of Rs 1.45 lakh crore during the July-September quarter, growing over three times from the year-ago period

Listed companies' topline declined 27.3 per cent YoY in the quarter ended June. Net profit declined 74.7 per cent in Q1 but recorded a multi-fold growth of 263 per cent in Q2

The lawsuit filed in Los Angeles federal court names Trump, the U.S. Department of Commerce and Commerce Secretary Wilbur Ross as defendants

Nirmala Sitharaman said that better performance of CPSEs can help the economy in a big way to recover from the impact of coronavirus

It is common for force majeure clauses to specify the impact that the event or circumstances in question must have, in order for the clause to be triggered

InterGlobe Aviation, the parent company of IndiGo, had called an EGM on Wednesday to vote on a proposal to remove articles related to transfer and acquisition of the company's shares

The EGM, which is requisitioned (or called) by Gangwal, has sought to delete some articles pertaining to the transfer of equity shares, acquisition of shares, and other provisions on equity shares

As per provisions in the Companies Act, 2013, the RG Group, which comprises Rakesh Gangwal, Shobha Gangwal and The Chinkerpoo Family Trust, holds 36.64 per cent stake in InterGlobe Aviation, which empowers them to seeks an EGM

Is the truce between the warring co-founders of IndiGo for real?

The report said that corporate direct tax as a percent of the profit before tax (PBT) more than doubled from 23.8 per cent in 2005-06 to 55.4 per cent in 2017-18

Rahul Bhatia said that there was not any abuse of rights and Gangwal's proposal for convening an Extraordinary General Meeting (EGM) was rejected on the basis of a legal opinion obtained by IndiGo board

IndiGo row: The SEBI is probing if the management purposely misled the shareholders or it itself was ignorant of the exact level of differences between the two co-founders Rakesh Gangwal and Rahul Bhatia of IndiGo.

In a letter to Sebi chairman Ajay Tyagi, Gangwal alleged several violations at IndiGo including breach of corporate governance regulations, code of conduct, and appointment of senior management personnel

Bhatia's wrote this letter to the IndiGo board and the company secretary on June 12 after Gangwal had sought to convene an extraordinary general meeting of the company

Gangwal flags serious corporate governance lapses at the company and says even a 'paan ki dukaan' (betel shop) would have managed matters with more grace