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GameStop also said that it continues to engage with third parties regarding a possible deal.

Technology

GameStop misses profit estimate, shares slide

Shares of the company fell about 5 percent to USD 14.43 after the bell on Thursday.

8 Sept 2018 8:15 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Business

IRDAI to set timeline for LIC to cut stake in IDBI Bank to 15 per cent

LIC currently holds 7.98 per cent in debt-ridden IDBI Bank, and is in the process of increasing its stake to 51 per...

7 Sept 2018 3:59 PM IST

Business

Fortis arm sells 15 lakh shares in RHT to FHIL

RHT has a portfolio of 12 clinical establishments, and operating hospitals across India.

7 Sept 2018 2:52 PM IST

The sun shines off the rear deck of a roadster on a Tesla dealers lot in the south Denver suburb of Littleton, Colo. (AP Photo/David Zalubowski, File)

Technology

Tesla bond hits record low, stock dip as investor worry deepens

The stock dropped 2.8 percent to $280.74, the lowest level since late May, following a 4.2 percent decline on Tuesday.

6 Sept 2018 2:23 PM IST

Business

Amazon touches USD 1 trillion, on pace to overtake Apple

Amazon shares traded as high as $2,050.50 before easing a little to end the session at $2,039.51, up 1.3 per cent.

5 Sept 2018 8:55 AM IST

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

Business

TCS becomes 2nd firm to hit Rs 8 lakh crore m-cap mark

TCS had in April became the first Indian company to close the trading session with over $100 billion market valuation.

4 Sept 2018 1:57 PM IST

Business

LIC board decides modalities, timeline for stake hike in IDBI Bank

LIC is in the process of picking up additional 7 per cent stake in IDBI Bank through preference shares.

4 Sept 2018 1:49 PM IST

Paytm, digital wallet provider, has started its own payments bank. (Photo: AFP)

Business

Paytm bets on local expertise to fend off rivals

With 95 million monthly active users, Paytm has been growing by 5 per cent to 6 per cent month-on-month.

12 Sept 2018 8:33 AM 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 raises USD 400 million through syndicated loan facility

Yes Bank's IBU has crossed USD 3 billion balance sheet within three years of starting operations at GIFT City.

11 Sept 2018 1:01 PM IST

The administration may also raise salaries paid to H1-B visa holders, a move that could significantly increase costs for IT companies that are already facing pressure on margins. (Representational image)

Business

From Oct 2, unlisted cos to issue new shares in demat form: govt

The decision also comes at a time when the ministry is clamping down on shell companies.

11 Sept 2018 12:15 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

Business

LIC, Orix, SBI to subscribe to Rs 4,500 crore IL&FS rights issue

The announcement came at the annual general meeting (AGM) of the company that has been defaulting on debt obligations.

29 Sept 2018 1:46 PM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Business

RBI clamps down on Bandhan Bank over owner's stake

Bandhan Bank is taking necessary steps to comply with licensing condition to bring down its main shareholder's stake to...

29 Sept 2018 11:00 AM IST