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SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

State Bank of India Q2 profit misses estimates

SBI reported a Q2 net profit of 15.82 billion rupees missing estimates, on higher provisions for bad loans.

10 Nov 2017 1:27 PM IST

A panel has been set up to improve financial health of SAIL and help the countrys largest steelmaker boost output.

SAIL Q2 net loss narrows to Rs 539 crore

Steelmaker had clocked a net loss of Rs 731.58 crore in the corresponding quarter of 2016-17.

9 Nov 2017 7:30 PM IST

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

JSW Steel's Oct crude steel output up marginally at 13.43 lakh tonnes

Production of long rolled products fell by 8 per cent to 2.58 lakh tonnes from 2.79 lakh tonnes.

9 Nov 2017 6:53 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

Hindustan Petroleum Q2 profit more than doubles

Net profit for the three months ending September 30 soared to 17.35 billion rupees from 7.01 billion rupees.

9 Nov 2017 4:13 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

State Bank of India eyes profitable expansion outside home

Mergers and acquisitions are expected to play only a tiny role as SBI seeks to ramp up growth in the overseas business.

9 Nov 2017 4:09 PM IST

Gross revenues were up 24 per cent and revenue net of duties increased 23 per cent. (Photo: AP)

United Breweries Q2 net jumps three-fold to Rs 94 cr

Total income during the quarter under review grew to Rs 2,738.04 crore from Rs 2,199.49 crore.

8 Nov 2017 5:49 PM IST

The stock was trading 2.42 per cent down at Rs 119.05 apiece on BSE.

Ashok Leyland Q2 net profit at Rs 334 crore

Total income during the quarter under review stood at Rs 6,102.55 crore.

8 Nov 2017 2:34 PM IST

Total income rose to Rs 996.12 crore during the quarter under review, from Rs 894.87 crore in the year-ago period.

City Union Bank Q2 net profit up 17 per cent at Rs 145 crore

Bank had registered a net profit of Rs 124 crore during the July-September quarter of last fiscal.

8 Nov 2017 1:44 PM IST

Total income during the quarter under review stood at Rs 1,294.63 crore. (Photo: AP)

Bharat Forge Q2 net up 60 per cent at Rs 204 crore

Bharat Forge stock was trading 0.82 per cent up at Rs 721.15 apiece on BSE.

8 Nov 2017 1:08 PM IST

Cipla today said its subsidiary in the Netherlands will pump in up to euro 16.8 million (nearly Rs 120 crore) to form a joint venture with its Iranian distributor

Cipla Q2 profit up 19 pc on higher domestic sales

Cipla's stock was down 5.6 per cent in Indian market that was 0.96 per cent lower.

7 Nov 2017 4:57 PM IST

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank Q2 net up 11.5 per cent at Rs 452 crore

Bank had made a net profit of Rs 405.14 crore in the similar July-September quarter of 2016-17.

6 Nov 2017 1:30 PM IST

GM was the top-selling automaker for more than seven decades until Toyota surpassed it in 2008.

Toyota domestic sales push up 6.45 per cent to 12,403 units in Oct

Company's popular models Innova Crysta and Fortuner continued to enjoy good growth in demand in the market.

1 Nov 2017 12:29 PM IST