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Tobacco contributes a major percentage of the total value of commercial crops in India generating huge socio- economic benefits in terms of agricultural employment, farm incomes, revenue generation and foreign exchange earnings. (Photo: File)

Business

Rs 11.79 lakh cr Indian tobacco sector employs 4.5 cr people: Study

India is a leading tobacco exporter with exports of leaf tobacco and tobacco products contributing Rs 6,000 crore...

5 Jun 2019 5:55 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Business

Allahabad Bank hopes to return in black in Q1, gets board nod for Rs...

During the fiscal, total reduction in NPA accounts stood at Rs 8,584.33 crore.

5 Jun 2019 1:35 PM IST

Bajaj Auto, the second largest motorcycle maker, on Thursday introduced the all new Avenger Street 160 bike with a starting price of Rs 82,253 at Delhi showroom to gain market share in the growing spots bike segment.

Business

Bajaj Auto sales rise 3 per cent in May to 4.19 lakh units

Exports stood at 1,83,411 units in the previous month as against 1,82,419 units in the same month of 2018.

3 Jun 2019 12:03 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Business

ESAF Small Finance Bank net profits soar by 234 per cent

The net profit stood at Rs 90.28 crore against Rs 26.99 crore in the previous year.

1 Jun 2019 6:09 PM IST

Ubers competitors and businesses in the gig economy will also be considering what this means for them. (Photo: AP)

Technology

Uber records USD 3.1 billion revenue in Q1 2019

Uber earned USD 3.1 billion in revenue for Q1, 2019, a 20 per cent increase from the same period last year.

1 Jun 2019 11:10 AM IST

Indian Oil Corp (IOC) bagged three fields, the same number as new entrant PFH Oil and Gas Pvt Ltd got.

Business

IOC net drops 47 per cent on lower refinery margins

IOC reported a consolidated net profit of Rs 3,737.50 crore, or Rs 4.07 per share in April-June quarter this year.

31 July 2019 3:58 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Business

Bank of India net jumps two-fold to Rs 243 cr in Q1; net NPAs down at...

Total income of the bank rose to Rs 11,526.95 crore during the quarter, as against Rs 10,631.02 crore.

30 July 2019 2:12 PM IST

Cafe Coffee Day chains are run by Coffee Day Enterprises.

Business

Coffee Day Enterprises shares crack 20 pc after Chairman goes missing

The scrip tumbled 20 per cent and hit its lower circuit limit as well as its 52-week low of Rs 154.05 on the BSE.

30 July 2019 11:59 AM IST

Maruti Suzukis total sales fell 17.2 per cent in April at 143,245 units. The company had sold 172,986 units in April last year.

Business

Maruti Q1 net dips 32 per cent at Rs 1,377 crore

The company sold a total of 4,02,594 vehicles during the quarter, lower by 17.9 per cent.

26 July 2019 3:21 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.

Business

PNB returns to black, posts standalone net profit of Rs 1,019 cr in Q1

Total income rose to Rs 15,161.74 crore during the June quarter of 2019-20, as against Rs 15,072.41 crore.

26 July 2019 3:16 PM IST

$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business

Amazon's push for one-day delivery dents profits, costs up 21 per cent

The cost slightly exceeded the USD 800 million Amazon had forecast it would spend on the initiative in the second...

26 July 2019 11:18 AM IST

Tata Steel is countrys major steel producer.

Business

Tata Steel BSL reports Rs 111 crore net profit in June qtr

The total income stood at Rs 4,646.15 crore during April-June period of 2018-19.

26 July 2019 8:47 AM IST