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Private sector lender Axis Bank on Tuesday failed to meet street expectations as it reported higher slippages and had higher write-offs during Q1FY20.

Axis Bank to raise up to Rs 4,175 crore via NCDs

The coupon rate for the issue will be 7.65 per cent per annum, the filing added.

30 Jan 2020 12:14 PM IST

Facebook said in an emailed statement that it was evaluating its legal options regarding the case. (Photo: AP)

Facebook warns revenue growth slowing, costs remain high

The company reported total costs and expenses increased 34 per cent to USD 12.22 billion in the fourth quarter.

30 Jan 2020 10:52 AM IST

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

India renews push to sell Air India, puts entire stake on the block

The government in 2018 here tried to sell 76 per cent of Air India and offload about USD 5.1 billion of its debt.

28 Jan 2020 12:46 PM IST

IndiGo on Tuesday announced that it had placed an order for 300 A320neo family aircraft, comprising A320neos, A321neos and A321XLRs. (Representational Image)

IndiGo cuts capacity growth forecast for second straight quarter

Interglobe said it expects the unit maintenance cost at IndiGo to improve starting fiscal 2021.

28 Jan 2020 11:26 AM IST

Banks have recognised DHFL and Cox & Kings as fraud and those that have an exposure to these accounts will have to provide 100 per cent upfront for the exposure.

AU Small Finance Bank stock zooms nearly 8 per cent

Total expenses rose to Rs 959.98 crore from Rs 715.62 crore in October-December period of the preceding fiscal.

23 Jan 2020 11:35 AM IST

Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.

Hyundai fourth-quarter profit beats view on brisk SUV sales, shares...

Hyundai booked a 129.8 billion won loss, its first quarterly loss in at least eight years as sales slumped in China.

22 Jan 2020 12:54 PM IST

HDFC AMC shares rise over 2 pc on strong Q3 results

The company, had a posted a PAT of Rs 243.3 crore in the year-ago period.

22 Jan 2020 12:10 PM IST

The new Uber Eats drone can make up to three six-mile legs for an 18-mile trip.

Uber cuts losses from Eats business in India with sale to Zomato

Zomato, valued at around USD 3 billion after raising money from Ant this month, will take over Uber Eats' operations...

22 Jan 2020 11:15 AM IST

Alongside the new Tesla Cybertruck, Elon Musk also revealed an electric all-terrain vehicle (ATV) at the launch event.

Tesla crosses USD 100 billion stock market valuation in extended...

Tesla's market value also puts Musk a step closer to earning the first USD 346 million tranche of options in a...

22 Jan 2020 9:40 AM 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 reports 2.2 pc dip in Q3 net income at Rs 2,460 crore

The IT services segment revenue was at 2.09 billion dollars, marking a sequential growth of 2.2 per cent.

15 Jan 2020 11:17 AM IST

Once the suspension orders are lifted, our services will be fully up and running, an Airtel customer care executive said. (Photo: PTI)

Airtel special committee clears issue price of USD 3 bn fund raising

The issue price was at a discount of 1.57 per cent to the stated floor price of Rs 452.09 per equity share.

15 Jan 2020 11:11 AM IST

Once the suspension orders are lifted, our services will be fully up and running, an Airtel customer care executive said. (Photo: PTI)

Bharti Airtel shares gain 3.5 pc on fund-raising plan

The special committee of directors has fixed a floor price of Rs 452.09 per share.

9 Jan 2020 12:20 PM IST