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BusinessToday.In
New Delhi, September 18, 2018
The train also makes little to no noise and will be joining Germany's growing network of noiseless, zero-emission trains.


PTI
September 12, 2018
Kochhar, who has been away from office following an enquiry initiated under the retired Supreme Court judge BN Srikrishna late May but continues to hold onto her position as the managing director & chief executive, was absent from the AGM.


Mail Today Bureau
August 28, 2018
This is the second consecutive quarterly loss for the airline which had posted a profit of Rs 53.50 crore in the same quarter last year. The struggling airline will inject capital and reduce debt to cut its interest costs.


PTI
August 11, 2018
The net income of Coal India rose 17 per cent to Rs 25,470.86 crore during the quarter under review from Rs 21,774.42 crore in the year-ago period. Expenses remained higher at Rs 19,383.99 crore as against Rs 17,837.17 crore in April-June 2017.


Manu Kaushik
August 10, 2018
The airline has delayed its first quarter results announcement after its audit committee didn't recommend it to the board. Hours before the deferment, the chairman of the audit committee - Srinivasan Vishvanathan - had reportedly resigned from his job.


BusinessToday.In
August 10, 2018
The stock closed at 316.45 level yesterday. Gross non-performing assets (NPAs) fell to Rs 2,12,840 crore in the June quarter this year compared to Rs 2,23,427 crore in the March quarter of last fiscal.


BusinessToday.In
New Delhi, August 10, 2018
The State Bank of India reported a loss of Rs 4,876 crore in the June quarter on account of lower trading income and significant mark-to-market losses due to hardening of bond yields, as well as rising provisions.


BusinessToday.In
New Delhi, August 9, 2018
In addition to Rs 11,000 crore bailout package, the govt may give the board of directors additional powers to take decisions on operational issues.


BusinessToday.In
New Delhi, August 8, 2018
In this round of investment, some early employees of Ola, including Rehan Yar Khan and VC investors like Accel India, Bessemer Venture Partners, Texiforsure founders Aprameya Radhakrishna and Raghunandan G, etc, will sell some of their shares in Ola.


Manu Kaushik
New Delhi, August 3, 2018
Jet's expenses has registered a steep rise, primarily led by aviation turbine fuel cost, foreign exchange losses, loans advances to subsidiary JetLite, and aircraft maintenance charges.


Reuters
July 26, 2018
 Facebook Inc's shares lost as much as a quarter of their value on Wednesday after executives said that profit margins would plummet for several years due to the costs of improving privacy safeguards and slowing usage in the biggest advertising markets.


BusinessToday.In
July 25, 2018
The IPO carries price band of Rs 1,095 to 1,100 per share. The issue size comprises 2.5 crore equity shares which includes 8,59,2,970 (4.08 per cent stake) equity shares by HDFC Ltd and 16,864,585 (7.95 per cent stake) equity shares by Standard Life Investments.


BusinessToday.In
New Delhi, July 21, 2018
HDFC Bank saw its net profit grow by 18.2 per cent year-on-year to Rs 4,601.44 crore in the first quarter of the ongoing financial year, meeting expectations. Asset quality saw marginal changes with Gross NPA ratio at 1.3 per cent.


BusinessToday.In
July 16, 2018
At present, the time of the day has no bearing on the landing fees paid by airlines - it is based on the weight of an aircraft.


Mail Today Bureau
July 14, 2018
Infosys on Friday posted a lower-than-expected 3.7 per cent rise in net profit for the quarter ended on June 30, 2018, due to a one-off charge related to fair value reduction of Panaya business.


BusinessToday.In
New Delhi, July 12, 2018
Significantly, Ola CEO's email to his team underscored the point that the company has not sacrificed top line growth or ceded market share to Uber to achieve this goal.


BusinessToday.In
June 28, 2018
State Bank of India (SBI) is in the process of closing down nine branches, said its Managing Director Pravin K. Gupta. India's largest public sector lender operates in about 36 countries with nearly 190 branches.


Kanishka Gupta
New Delhi, June 25, 2018
How financial technology companies are transforming the banking sector.


Mudit Kapoor
New Delhi, June 18, 2018
Mutual Fund Industry's AUM (Asset Under Management) has grown from Rs 7.01 trillion as on 31st March, 2013 to Rs 23.26 trillion as on 30th April 2018. That's more than three-fold increase in a span of 5 years! The total number of accounts, or folios as per mutual fund parlance, as on April 30, 2018 stood at Rs 7.22 crore, while the number of folios under Equity, ELSS and Balanced schemes - where the maximum investment is from retail segment - has crossed a landmark of Rs 6 crore and stood at Rs 6.03 crore, according to data released by Association of mutual funds of India (AMFI).


PTI
June 14, 2018



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