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SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investmentsBusiness
SoftBank shares fall 5.5 per cent as Saudi ties cause concern

SoftBank shares decline by worries over its ties to Saudi Arabia as well as a broader market sell-off.

15 Oct 2018 9:22 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.Business
AU Small Finance Bank Q2 net profit surges 34 pc to Rs 91 crore

The bank had reported a net profit of Rs 68.24 crore in the July-September period of 2017-18.

13 Oct 2018 5:43 PM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.Business
TCS shares drop nearly 4 per cent post Q2 earnings

Tata Consultancy Services (TCS) had posted a net profit of Rs 6,446 crore in the same period last fiscal.

12 Oct 2018 1:01 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 slump 6.5 pc after independent director's resignation

The stock dived 6.48 per cent to Rs 191.75 on BSE.

20 Nov 2018 1:30 PM IST

Customer preference shifting towards lifestyle and recreational cycling driven by increasing awareness, rising fuel prices and increased rural demand.Business
Hero Cycles registers 15 pc growth in the first 7 months of FY19

Hero Cycles sales grew from 2.7 million units to 3.1 million units.

15 Nov 2018 3:38 PM IST

Cement segment, which is witnessing consolidation - last fiscal, had signed acquisitions of Rs 32,000 crore last fiscal.Business
India Cements Q2 net profit plunges 94 pc to Rs 1.43 crore

The company had reported a net profit of Rs 23.67 crore in the same quarter of the previous fiscal.

9 Nov 2018 1:25 PM IST

Toshiba currently expects an annual net profit of 145 billion yen, up 45 percent from an earlier estimate, on sales of 5.4 trillion yen.Business
Toshiba to shed troubled assets, cut jobs; shares jump nearly 12 per...

Toshiba cut its annual operating profit forecast to 60 billion yen from the previous estimate of 70 billion yen.

8 Nov 2018 10:40 AM IST

E-commerce major SnapdealBusiness
Snapdeal trims losses to Rs 613 crore, confident on hitting profits

The consolidated revenue from operations declined to Rs 436.1 crore for 2017-18 as against Rs 903.8 crore in FY17.

7 Nov 2018 11:16 AM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.Business
SBI net profit slips 69 per cent to Rs 576 crore in Q2

The bank had reported a net loss of Rs 4,875.85 crore in the first quarter of the current fiscal.

5 Nov 2018 4:34 PM IST

Cipla today said its subsidiary in the Netherlands will pump in up to euro 16.8 million (nearly Rs 120 crore) to form a joint venture with its Iranian distributorBusiness
Cipla warns of headwinds in second half after second-quarter profit...

Shares of the company declined as much as 7.7 per cent, in their sharpest intraday drop since November 2017.

5 Nov 2018 2:44 PM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.Business
IOC Q2 profit drops 12.6 per cent on forex losses, low margins

The company suffered a foreign exchange loss of Rs 2,600 crore in the quarter as rupee depreciated.

2 Nov 2018 6:20 PM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.Business
Axis Bank Q2 net profit jumps 83 per cent to Rs 790 crore

The bank had registered a net profit of Rs 432 crore in the July-September quarter of 2017-18.

2 Nov 2018 5:07 PM IST

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