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Tata Group shares could open with losses on Thursday; here is why

Cyrus Mistry, points out that Tata Steel, Indian Hotels, Tata Motors and Tata Power are staring at mult-billion impairments

Oct 26, 2016

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ITC net profit rises 10% YoY to Rs 2,500 crore for September quarter

However, cigarette revenue in the quarter increased 7 percent to Rs 8,528 crore over Rs 7963 crore recorded in the year-ago period.

Oct 26, 2016

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Arvind Ltd sells 10% stake in brand business arm for Rs 740 crore

Divesting the stake would help the company reduce its debt to Rs 2,460 crore from Rs 3,200 crore.

Oct 26, 2016

Apple sales

Apple's holiday surprise: Big sales, not so big profits

Apple Inc said improved sales from China were around the corner, despite revenue falling almost 30 percent.

Oct 26, 2016

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Bharti Airtel admits to Reliance Jio effect on Q2 results

An Airtel executive attributes slow revenue growth to "free services by a new operator," an indirect reference to Reliance Jio.

Oct 26, 2016

Cyrus Mistry Tata Group

Cyrus Mistry says his removal as Tata Group chairman was 'unprecedented'; speculations rife about more exits

In an email sent to board members, Mistry says he "was not given a chance to defend" himself.

Oct 26, 2016

Axis Bank Limited

Axis Bank stock dives 7% on disappointing Q2 results

The bank reported 83 percent fall in its net profit to Rs 319 crore for the September quarter.

Oct 26, 2016

Flipkart

Flipkart CFO Baweja quits as exodus at the top continues

Since the top management rejig in January this year, exits in the top echelons of Flipkart have become common

Oct 26, 2016

tata sons ratan tata cyrus mistry removal reasons trusts withdrawal from crps shares investment differences with over

New Tata directors: Jaguar Land Rover CEO Ralf Speth and TCS chief N Chandrasekaran appointed Additional Directors on Tata Sons Board

Outgoing chairman of Tata Group, Cyrus Mistry continues on the board of Tata Sons, but has been re-designated as 'non-executive director'

Oct 25, 2016

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Tata Group files caveats against ousted Tata Sons chairman Cyrus Mistry

It is being seen as a move to prevent ousted Tata Sons chairman Cyrus Mistry from getting ex-parte order against his removal.

Oct 25, 2016

Air India passenger plane, air india pilot

Air India to launch new flights to Washington, Stockholm, Tel Aviv and Africa

The airline is yet to give time schedule for when the flights will be launched.

Oct 25, 2016

Gopalpur port, which was hit by two cyclones in 2013-14, has commenced normal operations in December last year.

Adani Ports Q2 net profit up 61% on healthy cargo volumes; shares gain 11% on BSE

Adani Ports reports a net profit of Rs 1,061 crore during the quarter, while revenues were up 21 percent to Rs 2,183 crore.

Oct 25, 2016

tata sons ratan tata cyrus mistry removal reasons trusts withdrawal from crps shares investment differences with over

Ratan Tata-controlled trusts prematurely withdrew investments from Tata Sons: Report

The investments (CRPS) valued at about Rs 4,000 crore belonged to Jamsetji Tata Trust and Navajbhai Ratan Tata Trust.

Oct 25, 2016

HDFC Bank

HDFC Bank Q2 net profit rises 20% to Rs 3,455 crore on higher NII

The lender's asset quality remained stable during the quarter with net NPAs down 0.3 percent to Rs 1,489 crore.

Oct 25, 2016

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India Inc. speculates on who would succeed Cyrus Mistry after his ouster from Tata Sons

Tata Sons has given itself four months to appoint a successor to Cyrus Mistry, who was removed as chairman on Monday.

Oct 25, 2016

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