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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)

AU Small Finance Bank reports 89 per cent jump in Q2 net profit

The bank's 79 per cent of the loan book is retail with around 95 per cent are secured.

22 Oct 2019 9:38 AM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

RIL creates history, becomes first Indian co to hit Rs 9 lakh cr m-cap...

The m-cap figure of companies changes daily with stock price movement.

18 Oct 2019 11:54 AM IST

Mortgage lender Dewan Housing Finance Ltd (DHFL) on Tuesday said that it has cleared interest of Rs 961 crore due on non-convertible debentures (NCDs) and would be seeking a rating upgrade from agencies.

DHFL reports USD 29 million loss in June quarter

The Company is undergoing substantial financial stress since (the) second half of the previous financial year.

18 Oct 2019 8:58 AM IST

A subsidiary of public sector lender Punjab National Bank, PNB Housing Finance is in the business of providing home loans.

PNB Housing to raise up to Rs 10,000 cr by issuing bonds in tranches

Shares of the company were trading 13.24 per cent lower at Rs 379.20 on the BSE in the post-noon session.

16 Oct 2019 3:30 PM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.

Wipro rises over 3 per cent after Q2 earnings

The company had registered a net profit of Rs 1,889 crore in the year-ago period.

16 Oct 2019 12:03 PM IST

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

Adani Wilmar eyes Rs 36,000 cr from consumer business in 5 years

Adani Wilmar clocked total revenue of Rs 28,000 crore in FY'19 of which Rs 18,000 crore came from consumer busines.

16 Oct 2019 11:26 AM IST

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

Lakshmi Vilas Bank, Syndicate Bank shares fall after RBI fine

Lakshmi Vilas Bank scrip went lower by 4.96 per cent to its lower circuit level as well as one-year low of Rs 22.05 on...

15 Oct 2019 12:37 PM IST

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency.

Infosys shares fall over 4 per cent after Q2 earnings

The company's revenue rose by 9.8 per cent to Rs 22,629 crore in the quarter under review from Rs 20,609 crore.

14 Oct 2019 11:18 AM IST

The finance ministry on Friday said a 5 per cent GST will be levied on food and drinks supplied by the Indian Railways or IRCTC in trains, platforms or stations.

IRCTC makes blockbuster debut; zooms over 101 pc in debut trade

The company's market valuation stood at Rs 10,972 crore in morning trade.

14 Oct 2019 10:54 AM IST

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

Total to buy 37.4 per cent stake in Adani Gas

The announcement comes a year after the two firms announced a 50:50 joint venture to import and retail natural gas.

14 Oct 2019 9:54 AM IST

BSNL has also added 1.2 million subscribers through MNP during the month.

BSNL expects to garner more marketshare after Jio move

The state-run telecom operator is also expecting to get 4G spectrum soon, company officials said.

12 Oct 2019 11:49 AM IST

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

TCS flags challenging second half after missing profit estimates

TCS will now have 8.2 pc constant currency dollar growth in the full year which will be way below its double-digit...

11 Oct 2019 10:44 AM IST