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The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

I-T dept sells part of Cairn shares to recover retro tax

The income tax department had seized nearly 10 per cent of Cairn's shareholding.

9 July 2018 12:42 PM IST

Tata Motors is gearing up for Turnaround 2.0 to make its passenger vehicles (PV) financially self sustainable, buoyed by the success of its commercial vehicles (CV) in the last financial year, ended March 31.

Shares of Tata group cos see mixed trends after NCLT ruling

TCS fell over one per cent to Rs 1,890.30, while Tata Motors rose nearly two per cent to Rs 275.85 on the BSE.

9 July 2018 12:16 PM IST

The Facebook bug was active between May 29 and June 5.

Facebook stock closes at all-time record high

After grabbing attention in 2012, Facebook has seen its stock rise more than 400 per cent.

7 July 2018 6:20 PM IST

Samsung is trying to court shareholders and improve its corporate structure as the cause of the fires in its Galaxy Note 7 cellphones remains a mystery.

Samsung profit growth slows on smartphone weakness

Samsung shares are down about 12 per cent this year on concerns over slowing profit growth.

6 July 2018 11:20 AM 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.

SME IPOs garner Rs 825 crore in April-June quarter

A total of 47 companies got listed with initial shares-sale offers during April-June quarter of 2018-19.

4 July 2018 1:54 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC posts 33 per cent increase in investment profits

As at March 31, 2018, LIC balance sheet increased to Rs 27.91 lakh crore compared to Rs 25.29 lakh crore.

4 July 2018 9:03 AM IST

Facebook has faced intense scrutiny around the Cambridge scandal. (Photo: AP)

Facebook shares slip after report of widened probe on data scandal

Facebook shares were down 2 percent at $193.36 in early trading on the Nasdaq.

4 July 2018 7:43 AM IST

German car major Volkswagen (VW) today said it has appointed Bishwajeet Samal as marketing head for India operations with effect from June this year.

Volkswagen to invest Rs 7,900 crore in India

Company would not only double the dealerships across the country but also sell 400 cars annually.

3 July 2018 11:06 AM IST

The shake-up led to consolidation, with Vodafone Plc merging its Indian operations with Idea Cellular last year in a deal worth $23 billion.

Voda-Idea shares recover losses, settle higher over 2 per cent

Shares of the telecom operator ended up by 2.10 per cent at Rs 3.89 apiece.

31 Oct 2019 7:03 PM IST

Syndicate Bank has reported a net loss of Rs 263.19 crore for the June quarter of 2017.

Syndicate Bank reports Rs 251 crore net profit in Q2

The bank had reported a net loss of Rs 1,542.54 crore in the same period previous fiscal.

31 Oct 2019 3:57 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank stock zooms over 38 pc on USD 1.2 bn investment business

Shares of the private sector lender zoomed 34.94 per cent to Rs 76.65 apiece on the BSE.

31 Oct 2019 2:19 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank sells over 0.72 per cent stake in NSE

IDBI Bank has sold an aggregate 35.40 lakh equity shares constituting 0.72 pc out of 1.5 pc of the paid-up capital of...

30 Oct 2019 4:33 PM IST