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Using earned money of depositors to bail out a bank amounts to gross interference by the government.

Vijaya Bank Q3 net tanks 65.45 per cent to Rs 79.56 crore

Bank's total income also declined 7.09 per cent to Rs 3,450.81 crore in quarter under review from Rs 3,714.37 crore.

24 Jan 2018 12:56 PM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS becomes second co to surge past Rs 6 lakh crore mcap mark

During the late morning trade, the market capitalisation (m-cap) of TCS stood at Rs 6,12,696.46 crore.

24 Jan 2018 12:47 PM IST

Three out of the twenty are state road projects and the remaining are national highway projects.

Dilip Buildcon bags NHAI road project worth Rs 1,522 crore

Shares of Dilip Buildcon were trading 1.69 per cent higher at Rs 958.90 apiece on BSE.

24 Jan 2018 11:47 AM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL buy

ONGC is funding the Rs 36,915 cr acquisition of govt's 51.11 pc stake in oil refining and marketing firm HPCL.

23 Jan 2018 2:23 PM IST

Oil Minister Dharmendra Pradhan on Tuesday made a strong case for inclusion of natural gas in the Goods and Services Tax. (Photo: PTI)

Pradhan justifies exempting ONGC from open offer for HPCL

HPCL will continue to remain a central public sector enterprise by virtue of govt holding majority stake in ONGC.

23 Jan 2018 10:14 AM IST

Wipro Chief Azim Premji

Wipro stock slips over 2 pc post Dec quarter results

For the December quarter, company's consolidated net profit fell 8.4 per cent to Rs 1,931.3 crore.

22 Jan 2018 5:20 PM IST

IT officials raid an Axis Bank branch in Noida on Thursday. (Photo: PTI)

Axis Bank's Q3 net profit up 25 per cent at Rs 726 crore

Axis Bank's scrip was trading at Rs 618.45 a share on BSE, up 4.78 per cent.

22 Jan 2018 3:34 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC stock jumps 6 pc on 51.11 pc stake acquisition in HPCL

ONGC will pay Rs 473.97 per share for 77.8 crore shares of government in HPCL.

22 Jan 2018 11:24 AM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC to acquire govt stake in HPCL for Rs 36,915 crore

ONGC will pay govtRs 473.97 per share, a premium of over 10 per cent of 60-days weighted average of HPCL's scrip.

20 Jan 2018 5:22 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Jio logs first net profit of Rs 504 crore in Dec quarter

The revenue from operations came in at Rs 6,879 crore, 12 per cent higher than the trailing quarter.

20 Jan 2018 10:08 AM IST

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)

Bharti Airtel transfers 25 pc stake in DTH arm to Nettle Infra

Bharti Airtel already holds 95 per cent stake in Indo Teleports.

20 Jan 2018 10:01 AM IST

Wipro posts third-quarter profit fall

Revenue from Wipro's IT services segment rose marginally to 132.35 billion rupees.

19 Jan 2018 4:32 PM IST