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Companies

ONGC

ONGC hits 5-month high as Q2 net profit rises 3%

Shares of country's biggest oil and gas producer were up as much as 4 percent on Monday's trade, it also registered a spurt in volume by more than 2.45 times. Oct 30, 2017
Maruti Suzuki

Maruti Suzuki says it will have to move to electric cars

India is working on a new auto policy that promotes the use of electric cars, and a draft is likely to be made public before the end of the year. Oct 29, 2017
Snapdeal

After CFO Anup Vikal, Snapdeal set to lose top executive Rajiv Mangla; CTO to leave by December 15

Mangla, who had previously worked in Adobe, joined Snapdeal in August 2015 and is known to have kept the company afloat during tough times shouldering strategic and operational responsibilities. Oct 28, 2017
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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
yes bank, yes bank under reported npas, bad loans of yes bank, yes bank share price, yes bank annual report

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
Diamonds

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
infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

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
startup, indian startups, indian start-ups, startups in india, nasscom, indian it, it layoff, it hiring

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 coal mine project Australia

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
anil ambani, reliance communications, rcom share price, mukesh ambani brother anil, telecom war, reliance jio, bharti airtel

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
N R Narayana Murthy

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
sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

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
State Bank of India, SBI PO

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, infosys layoff, infosys hiring, it jobs, vishal sikka

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

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
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