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IDBI Bank posts net profit in June quarter on huge tax write-back; shares gain

Without the tax write-back of Rs. 1,206 crore, IDBI Bank would have posted a loss of Rs. 965 crore for the quarter. Aug 11, 2016
start ups in india

Intel India, IIT Bombay collaborate to 'incubate' hardware and systems startups

The program is designed to support hardware and systems-based start-ups in India through mentoring, training, lab facilities. Aug 11, 2016
infosys vishal sikka executives quit resign results quarter june guidance revenue weak profit geog sikka vishal

From algorithm to ESOP, 4 ways Infosys is using to fight attrition

The measures adopted by Infosys also throw light on how IT companies are bracing for changing trends. Aug 11, 2016
Azim Premji

Azim Premji, Shiv Nadar on Forbes' list of richest tech tycoons

Wipro Chairman Azim Premji and HCL founder Shiv Nadar beat Google CEO Eric Schmidt and Uber's Travis Kalanick in Forbes richest billionaires list. Aug 11, 2016
aa

Pakistan International Airlines air hostesses all set to go glamorous in new, chic uniform

The new uniform for PIA air hostesses has been designed by Nomi Ansari and will be worn from August 14 on PIA Premier. Aug 11, 2016
Bank of Baroda psu banks psb state-run banks banks bob bank losses bank results q1 net profit revenue interest share price bse bank stocks nifty 50 sensex

Bank of Baroda shares fall 10% over sharp decline in June quarter net profit

Bank of Baroda reported a 60 percent fall in Q1 net profit, leading to its shares plunging almost 10 percent on the BSE. Aug 11, 2016
bse results q1 listing ipo shareholders investors top 10 ringing the bell ok fine public issue institutional

BSE standalone income, net profit fall in June quarter; Asia's oldest stock exchange gears up for IPO

The BSE's standalone net profit for Q1 stood at Rs. 45.49 crore, down from Rs. 70.47 crore in the corresponding quarter last year. Aug 10, 2016
rbl bank ipo bse listing stock share bank public issue offer retail price band listing

RBL Bank IPO: Price band, issue period, bid lot, QIB, retail portion finalised

The Rs. 1,200 crore public issue (IPO) of private lender RBL Bank opens four days after Independence Day. Aug 10, 2016
Intel

Silicon Valley chip-maker Intel acquires AI start-up for $350 million

Califormia-based Intel Corporation enters the artificial intelligence (AI) foray with its first AI start-up acquisition. Aug 10, 2016
UberMOTO arrives in Gujarat

All app-based cab services in Delhi to ply by metre and on fare fixed by government

The Delhi High Court had directed the Arvind Kejriwal-led AAP government to formulate this policy. Aug 10, 2016
Hero Motocorp motorcycles two wheelers motorbikes sales production factory Neemrana automobiles auto market india agreement with honda munjal punjab gurgaon

Hero Motocorp reappoints Pawan Munjal as CMD for five years

Pawan Munjal's current term ends on Sept. 30, 2016; it has been extended by five years by Hero Motocorp. Aug 9, 2016
Spicejet quarterly results

SpiceJet launches Independence Day sale; offers discounted airfares at Rs. 299

The three-day-sale is valid from Tuesday until Friday (Aug. 11). Aug 9, 2016
Indian rupee investments

IDFC Bank launches its first branch in Northeast region

The bank also set up an ATM facilities in rural locations of Meghalaya. Aug 9, 2016

Idea Cellular Q1 net profits decline by 74.5 percent; revenues up 79 percent

Idea Cellular posted a 74.5 percent decline in net profit due to spectrum spending for the April-June 2016 quarter. Aug 8, 2016
Airbus group

Airbus under scanner in UK over charges of 'fraud, bribery and corruption'

France-based aerospace company Airbus said it was cooperating with the on-going probe by the U.K. Aug 8, 2016
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