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India Incs revenue growth will slow down to 9 per cent in the January to March period on base effects, while the profit margins will shrink to a 12-quarter low of 18.6 per cent, a report said on Monday.

India Inc welcomes RBI move; says rate cut will spur growth

The industry emphasised that it was now critical for banks to facilitate a faster transmission of rate cuts.

4 Oct 2019 3:51 PM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

HDIL promoters, PMC Bank board members charged with money-laundering

Mumbai Police arrested the tow directors at HDIL, Rakesh Wadhawan and Sarang Wadhawan on Thursday.

4 Oct 2019 10:33 AM IST

Around 200-300 retail service providers (RSP) registering daily with the Indian Railway IRCTC.

IRCTC IPO huge hit among investors; subscribed 112 times

The Rs 645-crore IPO received bids for 225 crore shares against total issue size of 2 crore scrips, according to the...

3 Oct 2019 7:47 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank back in green after 5-day fall; zooms over 29 pc

The stock zoomed 29.3 per cent to Rs 41.40, on the BSE. On the NSE, it jumped 29 per cent to Rs 41.30.

3 Oct 2019 12:05 PM IST

Likee mobile app completes its two-year journey in India market.

Likee's parental controls feature empower parents to filter content...

This move will enable parents to apply relevant controls to filter content for underage teen Likee users.

3 Oct 2019 11:59 AM IST

The government has announced a series of supportive measures to boost consumption.

Festive season an ideal time to invest in real estate

The festive season is opportune for investors to look at Goa seriously for a second-home investment and destination for...

3 Oct 2019 11:53 AM IST

IndiGo is the Indian aviation market leader, with about 40 per cent of the market share.

Shares IndiGo fall over 2 per cent on arbitration proceedings

The stock of India's largest private sector airline declined 2.22 per cent at Rs 1829.35, on the BSE.

3 Oct 2019 11:43 AM IST

DLF has a land bank of 269 million sq ft, of which 26.9 million sq ft of projects area was under construction at the end of the first half.

DLF settles Rs 8,700 cr amount payable to JV with GIC

This deal included sale of 33.34 per cent stake in the DCCDL to GIC for about Rs 9,000 crore.

3 Oct 2019 9:14 AM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

PMC Bank case: ICAI to check role of auditors

ICAI on Wednesday said it has triggered its disciplinary mechanism and has written to the bank as well as regulatory...

2 Oct 2019 3:56 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

34 functional teams to smoothen merger of UBI, PNB, OBC

Merger will make the new entity the second-largest bank in the country after the SBI with a total business volume of Rs...

2 Oct 2019 12:13 PM IST

Parle, founded in 1929, employs about 100,000 people, including direct and contract workers across 10 company-owned facilities and 125 contract manufacturing plants.

Parle seeks to be on a roll with Rol a Cola comeback, eyes Rs 100 cr...

Company is looking at sales of around Rs 50-60 crore during the remaining part of the ongoing fiscal.

2 Oct 2019 11:50 AM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

PMC Bank created over 21,000 fake accounts to hide loans: complaint

The RBI has barred the bank from renewing or granting any loans or making investments without prior approval of the...

2 Oct 2019 9:16 AM IST