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Punjab National Bank (PNB)will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own and will not seek any governments assistance, its managing director Sunil Mehta said.

PNB CEO, Sunil Mehta: We are on our way towards recovery

Our recovery for the first three quarters is Rs 16000 crore, which is almost three times the recovery last year.

5 Feb 2019 3:40 PM IST

Alphabet shares slipped slightly in after-market trades that followed release of the earnings report.

Google parent Alphabet hit by rising costs

Alphabet reported a profit of USD 8.9 billion in the fourth quarter on revenue that was up 22 per cent to USD 39.3...

5 Feb 2019 1:57 PM IST

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

RCom shares continue to remain under pressure; tank nearly 26 pc

RCom has been reeling under debt of over Rs 46,000 crore.

5 Feb 2019 12:42 PM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

RCom tanks over 48 per cent; other group shares crash too

Company decided to opt for insolvency proceedings following its failure to sell assets for paying back its lenders.

4 Feb 2019 12:31 PM IST

Revenue from BlackBerrys technology and solutions segment rose nearly 20 percent in the quarter, supported by the companys focus on QNX, a software used by carmakers to provide infotainment and other services to customers. QNX is used in more than 120 million cars worldwide.

BlackBerry forecasts higher revenue as bets on new tech pays off

The company forecast revenue growth of 23-27 percent for the year, implying total revenue of between USD 1.13 billion...

31 March 2019 4:40 PM IST

The deal also signals a shift for Lyft toward a wider set of transportation options in urban centers.

Lyft shares soar on Nasdaq debut, setting stage for Uber

Lyft's IPO, which is the year's biggest thus far, sets the stage for other Silicon Valley unicorns seeking to debut in...

31 March 2019 1:00 PM IST

Foxconn looking into the complaint made by China Labor Watch.

Foxconn posts fall in fourth-quarter profit, beating estimates

Foxconn acquired control of Japan's Sharp in 2016 to try to boost the Taiwanese company's advanced screen technology.

31 March 2019 12:51 PM IST

The company is required to increase its public shareholding to 25 per cent of its paid-up equity share capital on or before October 2, 2020.

Cardif sells 5 cr shares in SBI Life Insurance for 2,889 crore

The sale was done at average price of Rs 577.93 per equity share.

30 March 2019 11:05 AM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB to sell stake in PNB Housing to General Atlantic, Varde Partners...

PNB has entered into agreements in relation to the said transactions on Friday.

29 March 2019 11:59 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Jet Airways shares rise after govt official rules out grounding more...

Jet Airways Ltd's shares rose about 6 per cent on Wednesday to a near 10-week high.

27 March 2019 11:44 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways shares rally further; close 6.5 pc higher as Naresh Goyal...

On the traded volume front, 54.11 lakh shares were traded on the BSE and over 6 crore shares on the NSE during the day.

26 March 2019 5:08 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways shares soar after founder Goyal exits

Shares of Jet Airways rose as much as 8.6 per cent to 275.90 rupees, highest since Feb 1.

26 March 2019 10:40 AM IST