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The company will launch a mid-size SUV with 95 per cent localisation in 2021.

Business

Skoda sales to dip in 2019 due to economic slowdown: official

Sales were down upto 20 per cent across the industry for the last few months.

4 Dec 2019 5:41 PM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Business

Telcos garner Rs 54,218 cr gross revenue in July-Sept

The government levies 8 per cent as licence fee and SUC in the range of 3-5 per cent of AGR based on spectrum holding of...

2 Dec 2019 6:30 PM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

Business

GST revenue grows 6 per cent, crosses Rs 1 lakh cr in November

According to official sources, the number reflects pick up in consumption and improvement in compliance as well.

1 Dec 2019 4:56 PM IST

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

Business

Bharti Airtel Q3 consolidated net income tanks 72 pc to Rs 86 cr

The net income stood at Rs 306 crore in the same period of the previous year.

31 Jan 2019 5:48 PM IST

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.

Business

ICICI Bank shares rise on board decision to revoke ex-CEO Chanda...

Gross bad loans as a percentage of total loans, a measure of asset quality, fell to 7.75 pc at the end of Dec, from 8.54...

31 Jan 2019 11:42 AM 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 shares jump over 6 pc after Q3 results

The bank had posted a net profit of Rs 726.44 crore in the corresponding period of the previous fiscal.

30 Jan 2019 12:52 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Business

North Block finds ways to meet deficit target

As per 2018-19 budget projections, the Centre is likely to finance Rs 75,000 crore of fiscal deficit from small savings.

30 Jan 2019 10:30 AM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

Business

HDFC Q3 net profit stood at Rs 2,114 crore

The company had posted a net profit of Rs 5,300 crore in the October-December quarter of the last financial year.

29 Jan 2019 4:02 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Business

Canara Bank December-quarter profit soars 152 per cent

The lender's net profit came in at 3.18 billion rupees ($44.70 million) for the three months ended Dec 31, 2018.

28 Jan 2019 3:17 PM IST

Business

Zee Entertainment shares bounce back; surge 20 per cent

The stock recovered its lost ground after Friday's massive fall and soared 14.99 per cent to Rs 367.25 on BSE.

28 Jan 2019 1:47 PM IST

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.

Business

Videocon Industries, ICICI Bank shares fall up to 3 per cent

The scrip of Videocon Industries Ltd went down by 2.73 per cent to close at Rs 2.85 on the BSE.

24 Jan 2019 5:44 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 net profit falls 7 pc to Rs 1,002 cr in Dec quarter

The bank's net interest income grew 41.2 per cent year-on-year (y-o-y) to Rs 2,666.4 crore.

24 Jan 2019 4:12 PM IST