Companies

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ICICI Bank Q2 net profit belies estimates, falls 34% to Rs 2,058 crore

The bank missed analysts' estimates as its standalone net profit dropped to Rs 2,058 crore in the quarter September from Rs 3,102 crore in the same quarter last year.

Oct 27, 2017

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Yes Bank slips 10% as bad loans spike: What to expect?

Gross non-performing assets (NPAs), which are percentage of gross advances doubled from 0.97 percent in the June quarter to 1.82 percent in the September quarter of the current financial year.

Oct 27, 2017

Vedanta, Adani show interest in bidding for Rs 58,500 crore diamond mine in Madhya Pradesh

The mine has an estimated deposit of 32 million carats of diamonds, and the Madhya Pradesh government is likely to invite bids to explore it in the first week of November.

Oct 27, 2017

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No more hefty severance pay as Infosys standardises package to 4 months of fixed salary

Infosys has regulated the severance amount that it would pay to any senior employee and now senior vice presidents and executive vice presidents will receive four months fixed salary as severance pay.

Oct 27, 2017

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Startup recruiters in a rush to hire engineers from tech colleges

Startup firms are also ready to give graduates a package of Rs 9 lakh-16 lakh per annum.

Oct 27, 2017

Adani Group to commence work on rail link to Carmichael coal mine in Australia soon

"We remain confident and committed to deliver first coal in March 2020," said Adani Australia CEO Jeyakumar Janakaraj.

Oct 26, 2017

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1,000 to 1,200 RCom workers to get laid off as company shuts most wireless businesses

The company has communicated to its employees that their last working day will be November 30.

Oct 26, 2017

Narayana Murthy again publicly criticises Infosys board, says he is 'disappointed'

"I stand by every question on poor governance raised in my speech to Infosys investors dated August 29, 2017. I am disappointed," Murthy has said.

Oct 25, 2017

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SBI gains 25%, adds Rs 50,000 crore mkt cap after govt announces recapitalisation plan

In today's session alone, the bank added more than Rs 50,000 crore in its market capitalisation.

Oct 25, 2017

SBI PO 2017 results online: State Bank of India publish list of successful candidates after they raise furore

Nearly 6,000 candidates are waiting for the final results to fill the 2,313 vacancies in the State Bank of India.

Oct 24, 2017

Infosys Q2 2017 earnings: Profit up at Rs 3,726 crore, annual guidance cut after Nilekani returns

Infosys announced on Tuesday, October 24, that its profit in the Q2 of FY2018 rose to Rs 3,726 crore from Rs 3,483 crore in the previous quarter. Read to know more.

Oct 24, 2017

Flipkart on an acquisition spree, eyeing smaller peers

The retailer has already acquired large companies such as Myntra, Jabong and PhonePe in the past few years.

Oct 23, 2017

Indian Energy Exchange shares fall 9% on opening day

The company's shares opened at Rs 1,500 a piece on BSE, almost 9.09 percent lower from its issue price of Rs 1,650.

Oct 23, 2017

Setback for Stayzilla; NCLAT snubs appeal against insolvency process

A three-member bench of SJ Mukhopadhaya, AIS Cheema and Balvinder Singh said that it did not find any merit in the company's appeal.

Oct 22, 2017

Trump now says that Puerto Rico suffered worse than Katrina

President Trump now says that Puerto Rico suffered worse than Katrina.

Oct 20, 2017

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Companies

ICICI Bank Q2 net profit belies estimates, falls 34% to Rs 2,058 crore

Yes Bank slips 10% as bad loans spike: What to expect?

Vedanta, Adani show interest in bidding for Rs 58,500 crore diamond mine in Madhya Pradesh

No more hefty severance pay as Infosys standardises package to 4 months of fixed salary

Startup recruiters in a rush to hire engineers from tech colleges

Adani Group to commence work on rail link to Carmichael coal mine in Australia soon

1,000 to 1,200 RCom workers to get laid off as company shuts most wireless businesses

Narayana Murthy again publicly criticises Infosys board, says he is 'disappointed'

SBI gains 25%, adds Rs 50,000 crore mkt cap after govt announces recapitalisation plan

SBI PO 2017 results online: State Bank of India publish list of successful candidates after they raise furore

Infosys Q2 2017 earnings: Profit up at Rs 3,726 crore, annual guidance cut after Nilekani returns

Flipkart on an acquisition spree, eyeing smaller peers

Indian Energy Exchange shares fall 9% on opening day

Setback for Stayzilla; NCLAT snubs appeal against insolvency process

Trump now says that Puerto Rico suffered worse than Katrina

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]