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IndiGo has been forced to ground 13 planes and cancel 84 flights because of issues with engines. (Photo: PTI/File)

Compensation from P&W, Airbus has IndiGo net soaring fourfold

The load factor rose 180 bps to 84 per cent while the yield rose 8.9 per cent to Rs 3.57 from Rs 3.28.

1 Nov 2017 9:00 AM IST

The Corporation has increased its market share from 70.44 per cent to 71.07 per cent in the last fiscal year.

LIC's surplus payout to govt up 15.8 pc at Rs 2,207 cr in FY17

In FY16, LIC had paid Rs 1,900 crore, thus showing a growth of 15.79 per cent in FY17.

30 Sept 2017 11:35 AM IST

IMG was set up to give recommendation to help telecom companies come out of the financial difficulties.

Telcos' revenue from services drops 25 pc to 39,777 cr: Trai

Government's earnings through telecom levies also declined both on a quarterly and yearly basis.

30 Sept 2017 11:15 AM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI to buyback shares worth Rs 99 crore in primary dealership unit

SBI will buy back 1,911,974 equity shares it held in SBI DFHI for Rs 520 per share

27 Sept 2017 7:08 PM IST

Non-life insurer had fixed the price band at Rs 651- 661 per share for the Rs 5,700-crore IPO.

ICICI Lombard makes tepid debut, shares list nearly 2 per cent lower

The stock listed at Rs 650, down 1.66 per cent against the issue price on the BSE.

27 Sept 2017 12:31 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank awaits board's approval to raise up to Rs 20,000 cr

Stock of the bank on Tuesday closed 0.22 per cent up at Rs 360.35 on BSE.

26 Sept 2017 8:18 PM IST

The stock jumped 19.97 per cent to settle at Rs 499.60 on BSE.

Shoppers Stop shares soar 20 per cent on Amazon deal

The retail company said it will raise Rs 179.26 crore from Amazon by issuing equity shares.

25 Sept 2017 6:10 PM IST

In 2015-16, MTNL reported a total annual revenue of Rs 3,197.41 crore and net loss of Rs 2,005.72 crore.

MTNL staff protest over firm's revival, wage revision issues

The state-run firm posted standalone net loss of Rs 2,941 crore at the end of 2016-17.

23 Sept 2017 12:12 PM IST

PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the banks ATMs.

PNB plans to raise up to Rs 5,000 crore from market

PNB had reported over 12 per cent rise in net profit at Rs 343.40 crore for the quarter ended June 30, 2017.

22 Sept 2017 3:07 PM IST

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.

Blockbuster debut for Dixon Tech, shares soar nearly 64 per cent

Dixon Technologies' Rs 600 crore IPO was oversubscribed 117.83 times during September 6-8.

18 Sept 2017 5:19 PM IST

Cement segment, which is witnessing consolidation - last fiscal, had signed acquisitions of Rs 32,000 crore last fiscal.

JK Cement to invest up to Rs 1,500 cr for expansion in 3-4 yrs

Company had reported a 30.4 per cent rise in its net profit during the April-June quarter.

15 Sept 2017 4:30 PM IST

Hindalco is the worlds largest aluminium rolling company and one of Asias biggest producers of primary aluminium.

Hindalco plans to prepay Rs 1,100 crore debt this month

The company's overseas subsidiary Novelis also refinanced USD 4.3 billion of its long term debt.

13 Sept 2017 7:15 PM IST