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With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Bharti Telecom stake in Airtel comes down to 41.24 per cent

Bharti Telecom shareholding dropped to Rs 200.28 crore in May disclosure by Bharti Airtel.

29 May 2019 9:25 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB narrows Q4 loss to Rs 4,750 crore

Stock of PNB traded at Rs 88.10 on BSE, down 1.34 per cent from its previous close.

28 May 2019 2:12 PM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

IndiGo forecasts strong year as Jet collapse boosts profit

InterGlobe's profit for the quarter rose to 5.9 billion rupees (USD 84.9 million) from 1.18 billion a year earlier.

28 May 2019 11:45 AM IST

PNGRB last week gave GAIL four more years till February 2019 to complete the 1104-km Kochi-Koottanad-Bangalore-Mangalore natural gas pipeline.

GAIL posts 20 per cent rise in Q4 net profit; declares 1:1 bonus

Revenue rose to Rs 18,763.87 crore in the fourth quarter of 2018-19 fiscal year when compared with Rs 15,430.69 crore.

27 May 2019 2:27 PM IST

DLF has a land bank of 269 million sq ft, of which 26.9 million sq ft of projects area was under construction at the end of the first half.

DLF cuts net debt by 34 per cent in Q4 to Rs 4,483 crore

DLF's net debt has come down from Rs 7,224 crore in Q3 of FY19 to Rs 4,483 crore in Q4 of FY19

27 May 2019 11:25 AM IST

Larsen and Toubro (L&T) on Thursday said its subsidiary L&T Construction has bagged orders worth Rs 2,440 crore in the domestic market.

L&T picks up Mindtree shares worth Rs 316 cr between May 20-24

The infrastructure major is eyeing up to 66 per cent stake in Mindtree for around Rs 10,800 crore.

26 May 2019 10:37 AM IST

Spanning across an average size of 300 square feet, Mi Stores reflect the design of Xiaomis Mi Home stores.

Smartphone maker Xiaomi's first-quarter revenue jumps 27 per cent,...

The results indicate Xiaomi's overseas expansion and focus on markets such as India and Europe are paying off.

21 May 2019 11:07 AM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

IT stocks under pressure; TCS, Infosys down up to 2 per cent

Infosys fell to Rs 706.85, down 2.34 per cent over its previous close of Rs 723.80.

20 May 2019 11:18 AM IST

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

TCS confident of growth across Latin America, India and other markets

The over USD 20-billion revenue company is also confident of expanding its play in large markets.

19 May 2019 11:43 AM IST

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins.

Bitcoin sinks abruptly after seven weeks of recovery

After many lackluster months, the price of bitcoin started to rally from early April, hitting a 10-month high earlier...

17 May 2019 3:09 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Infosys to allocate up to 50 million shares to incentivise staff

The 2019 Plan will be effective on and from the date of receipt of approval of the shareholders.

17 May 2019 9:05 AM IST

The bank had reported a net loss of Rs 3,969 crore in the same quarter of the previous year.

Bank of India post Rs 252 crore profit in Q4

Total income in three months to March grew to Rs 12,417.08 crore, as against Rs 9,596.86 crore.

16 May 2019 2:47 PM IST