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  Business   Companies  24 Oct 2017

Business, Companies, 24 Oct 2017

RBI imposes USD 20 million penalty on IDFC Bank

Monetary penalty on IDFC Bank for contravention of regulatory restrictions pertaining to loans and advances.

24 Oct 2017 8:25 PM

RIL mcap briefly clings to Rs 6-lakh crore mark on NSE

Scrip of RIL rose by 0.84 per cent to Rs 947.70 -- its 52-week high -- in intra-day trade on the NSE

24 Oct 2017 8:10 PM

Infosys trims revenue forecast despite posting profit

Profit after tax rose 3.3 per cent to 37.26 billion rupees ($573 million) in the second quarter.

24 Oct 2017 6:28 PM

Infosys says no wrongdoing found in Panaya deal

This was Infosys' first earnings announcement after Nilekani took over reins of Bengaluru-based company.

24 Oct 2017 6:06 PM

Infosys Q2 earnings: Net profit up 7 per cent at Rs 3,726 crore

Company revenue was at Rs 17,567 crore as against Rs 17,310 crore quarter on quarter.

24 Oct 2017 4:13 PM


New India Assurance sets price range for up to $1.5 billion IPO

At upper end of price range, IPO would raise Rs 9,600 crore or $1.48 billion.

24 Oct 2017 3:00 PM

SBI's profit, capital hinge on NPA resolution: Moody's

Bank reported credit costs of 2.6 per cent of gross loans and an ROA of 0.4 per cent in the quarter ended June 2017.

24 Oct 2017 2:09 PM

New India Assurance's IPO to open on November 1

A total of 12 crore shares of the non-life insurer would be sold through the share sale offer.

24 Oct 2017 1:42 PM

HDFC Bank Q2 net profit up 20 per cent at Rs 4,151 cr

Bank's total income for the quarter under review was Rs 23,276 crore, up from Rs 19,970.9 crore.

24 Oct 2017 1:28 PM

5 things to expect from Infosys Q2 results today

The results will also be the first since founder Nandan Nilekani’s return to the helm of the homegrown technology giant.

24 Oct 2017 12:04 PM


GST, demonetisation may impact Indian wedding market: Assocham

Study says services like marriage hall and tent booking, confectionery services, and photography will be impacted.

24 Oct 2017 11:57 AM

Paytm Payments Bank aims to reach over 500 mn wallets in 3 years

Company also aims to add over 10,000 KYC personnel to its existing workforce to achieve this target.

24 Oct 2017 11:48 AM

Jewellery sales in Maharashtra jump 20 per cent on Diwali, Dhanteras

Gold Bullion Association says outlook for upcoming wedding season looks great in terms of sales.

24 Oct 2017 11:45 AM

Tata Value Homes makes dream homes affordable with '99 hours flash sale '

Tata Value Homes pioneered affordable housing in India and continues to introduce innovative offers.

24 Oct 2017 11:18 AM

SC orders refund of principal to home buyers of Supertech

Supertech had said it had deposited Rs 20 crore with the apex court registry for refunding money to home buyers who did not want flats.

24 Oct 2017 10:07 AM