LiveICICI Bank Q1 Net Profit Up 36% on Gains
Private sector bank ICICI Bank Ltd has reported a 36 per cent year on year jump in net profit to Rs 2,599 crore for the quarter ended...
Category : BUSINESS
CCD Uncovers Rs 3,500 Crore, Gives Clean Chit to IT Dept
An investigation concerning to the conditions that led to the alleged suicide of VG Siddhartha, Owner of the Coffee Day Group, has uncovered that Rs 3,535...
ONGC to Raise Rs 5K Cr via Non-Convertible Debentures
ICRA Ratings has appointed AAA stable rating to Oil and Natural Gas Corporation Ltd’s (ONGC’s) Rs 5000 crore Non-Convertible Debentures (NCDs) because of ONGC’s position with large...
IndusInd Bank Gains 2% as Reserve Bank Of India
Shares of IndusInd Bank has trade 2 per cent higher after the lender said the Reserve Bank of India (RBI) has allowed one of its foreign investors to double...
Biocon Q1 Net Profit Declines 28% to Rs 149 Crore
Biocon has reported a 28 per cent drop in net profit to Rs 149 crore during the quarter to June on the back of higher research...
Mahindra Group Launches University in Hyderabad
The Mahindra Group today announced the launch of Mahindra University (MU), an autonomous university in Hyderabad which will offer various graduate, PG and PhD courses. The Group’s...
PNB Housing Finance Q1 Net Profit Falls 10% to Rs 257 Cr
PNB Housing Finance had reported a fall of 10% to Rs 257.2 crore in the net profit of April-June quarter ended on June 30. It had reported...
Bharti AXA General Gets Rs 800 Cr Crop Insurance Mandate
Bharti AXA General Insurance has said it has received Rs 800 crore worth crop insurance mandate from Maharashtra and Karnataka governments to insure farmers in...
HDFC Bank Sought Loan Details by Reserve Bank
HDFC Bank has been asked to provide details of an internal investigation into allegations of improper lending practices in its vehicle-financing operation, said people familiar with...
Axis Bank Picks Arrangers for $1.3 Billion Share Sale
Axis Bank Ltd., India’s third-largest private sector lender, has picked advisers including BNP Paribas SA and Credit Suisse Group AG to manage its proposed share...