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Kotak Mahindra Bank Q3 net rises 23%, marks fastest pace in 6 quarters

Kotak Mahindra Bank's ledgers were helped by higher interest income as well as write-back of provisions.

Jan 21, 2019

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CCD aficionados await a better brew after Siddhartha's MindTree pullout

A restructuring could help coffee chain focus on core business and expand to new geographies boosting share price discovery.

Jan 21, 2019

L&T's Rs 9,000 crore mega share buyback plan hits Sebi compliance hurdle

L&T sought the regulatory nod for the share buyback in compliance with the required debt-equity ratio on the basis of its standalone financial statements.

Jan 20, 2019

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Budget expectations, Q3 results to guide Indian equities

The NSE Midcap Index has closed at a five-week low and is beginning to witness broad-based selling. Nifty on the other hand has been able to eke out gains based on a select few bluechip stocks.

Jan 20, 2019

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China set to post slowest growth in 28 years in 2018, more stimulus seen

China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown.

Jan 20, 2019

Michelin boss a possible successor to Ghosn at Renault, hints France finance minister

Michelin Chief Executive Jean-Dominique Senard could be a good choice to head carmaker Renault , French finance minister Bruno Le Maire said in a newspaper interview published on Sunday.

Jan 20, 2019

Will Modi govt's e-commerce policy help Reliance beat Amazon and Flipkart?

Reliance Industries will use its two subsidiaries, Reliance Retail and Jio to help the smaller retailers/merchants sell their products to rural and small towns of India

Jan 19, 2019

Tesla cuts over 3,000 jobs amid 'extremely difficult challenge,' Musk aims for cheaper Model 3

The job cut is said to be step taken by Tesla in a bid to increase the production of Model 3 and bring down its cost. The cheapest version of the Model 3 currently sells for about $45,000 and Tesla plans to bring down the figure to $35,000.

Jan 19, 2019