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Shares of DHFL were up 4.5 per cent at 128.80 rupees.

Business

DHFL yet to decide on stake sale

Earlier this month, the home loan provider said it was keen to sell assets and some of its businesses to improve...

18 Feb 2019 2:42 PM IST

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

Business

A year after India's biggest bank fraud, PNB on road for annual profit

The bank is expected to clock a net profit of 22.66 billion rupees for the year ending March 2020.

18 Feb 2019 2:24 PM IST

$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

Yes Bank shares plunge over 8 per cent post RBI censure

Yes Bank stock recovered some of the lost ground and was trading at Rs 212.30, down 2.93 pc during the afternoon trade...

18 Feb 2019 2:18 PM IST

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

Business

Yes Bank shares zoom 30 per cent; m-cap rises by Rs 8,590 crore

The shares after opening the day on a positive note further skyrocketed 28.95 per cent to Rs 218 on BSE.

14 Feb 2019 11:49 AM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

Business

Nissan downgrades full-year forecast, logs nine-month profit fall

Nissan downgraded its net profit forecast to 410 billion yen for the fiscal year to March

12 Feb 2019 3:28 PM IST

Japanese entertainment giant Sony on Tuesday announced a deal to acquire the music publishing firm and record label EMI for a price of around USD 1.9 billion.

Technology

Sony stock jumps after first-ever share buyback announcement

Sony has been steadily increasing shareholder return through higher dividends over the last couple of years.

10 Feb 2019 11:20 AM IST

IDFC Limited on Thursday registered a growth of over 65.2 per cent in consolidated net profit at Rs 299.40 crore for Q1.

Business

IDFC posts 11-fold rise in Q3 net profit at Rs 26 crore

The company's standalone net profit stood at Rs 2.40 crore in the quarter ended December 31, 2017.

9 Feb 2019 3:37 PM IST

Tata Steel is countrys major steel producer.

Business

Tata Steel Q3 net profit jump over 54 pc to Rs 1753 crore

Total income jumped to Rs 41,431.37 crore during October-December 2018, from Rs 33,672.48 crore.

8 Feb 2019 4:59 PM IST

Reliance Group Chairman, Anil Ambani (Photo: File)

Business

Reliance Group says L&T Finance, Edelweiss Group caused share drop

Reliance Infrastructure Ltd and Reliance Power Ltd, and made open market sale of about 4 billion rupee during Feb 4-7.

8 Feb 2019 3:10 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.

Business

Tata Motors shares crack 29.5 per cent on biggest quarterly loss

Company's market valuation plunged Rs 9,801.94 cr to Rs 43,007.06 cr during late morning session on BSE.

8 Feb 2019 12:27 PM IST

The stock of Indiabulls Housing Finance closed 1.7 per cent higher at Rs 1,006.60 on the BSE.

Business

Softbank invests Rs 2,800 cr in Indiabulls Housing Fin's associate...

The current loan book of OakNorth is Rs 21,390 crore and the bank has no delinquencies as on date.

8 Feb 2019 11:04 AM IST

Twitter had hosted a closed-door discussion and one of the participants had shared her experience as a low-caste Dalit woman.

Technology

Twitter shares tumble

Shares down more than 10 per cent in midday trading on Thursday.

8 Feb 2019 10:04 AM IST