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Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank Q2 net profit dives 42 per cent to Rs 1,205 crore

ICICI Bank shares closed at Rs 315.05 apiece on the BSE, down 1.45 per cent from their previous close.

26 Oct 2018 5:39 PM IST

$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

Yes Bank shares plunge 9 pc; m-cap drops Rs 4,076 cr post Q2 results

The bank's gross Non-Performing Assets reduced to 1.60 per cent of its total assets at the end of Sept.

26 Oct 2018 4:37 PM IST

Bharti Airtel is largest telecom operator in terms of subscriber base. (Photo: AFP)

Business

Bharti Airtel Q2 net profit tanks 65.4 per cent to Rs 119 crore

Total revenue came in at Rs 20,422 crore for the September quarter, which was 6.2 per cent lower than Rs 21,777 crore.

25 Oct 2018 5:38 PM IST

BHEL has already supplied 225 such IGBT-based traction converters, which are in operation with Indian Railways.

Business

BHEL Q2 net up 60 per cent to Rs 185.17 crore

Company recorded a net profit of Rs 341 crore, an increase of 74 per cent, up by 8 per cent over FY 2017-18.

25 Oct 2018 2:50 PM IST

Representational image of an Indigo aircraft.

Business

InterGlobe shares drop after first quarterly loss since debut

India's largest domestic carrier by market share - IndiGo, fell as much as 3.7 per cent.

25 Oct 2018 11:18 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Business

Bharti Airtel shares soar nearly 11 pc, m-cap zooms Rs 12,332 cr

Company's market valuation rose sharply by Rs 12,332.65 crore to Rs 1,26,617.65 crore on the BSE.

24 Oct 2018 4:43 PM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.

Business

Wipro Q2 net profit drops 14 per cent to Rs 1,889 crore

The net profit, attributable to shareholders, in the year-ago period was at Rs 2,191.8 crore.

24 Oct 2018 4:21 PM IST

Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Business

Kotak Mahindra Bank Q2 profit rises nearly 15 per cent

Net profit rose to 11.42 billion rupees ($155.84 million) for the quarter ended Sept 30.

24 Oct 2018 1:22 PM IST

Business

HCL Tech Q2 net profit up 16.1 per cent to Rs 2,540 crore

The company expects its FY19 revenue to grow between 9.5-11.5 per cent in constant currency basis.

23 Oct 2018 4:52 PM IST

ICICI Lombard issue will open on Sept 15 and close on Sept 19. (Photo: AP)

Business

ICICI Lombard Q2 net profit surges 44 pc to Rs 293 crore

Company's net profit in the corresponding July-September quarter of 2017-18 was at Rs 204 crore.

20 Oct 2018 4:42 PM IST

Business

Reliance Industries shares slump 7 pc post Q2 results

Reliance Industries on Wednesday reported its highest ever quarterly net profit of Rs 9,516 crore.

19 Oct 2018 1:09 PM IST

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Business

Infosys Q2 net profit up 10.3 pc to Rs 4,110 crore

In dollar terms, Infosys saw its net profit increase marginally to USD 581 million in September quarter.

16 Oct 2018 7:04 PM IST