Banking

TCS, Intellect In Race For Development Of Advanced Version Of Portal GeM

IT major TCS and Intellect Design Arena are in the race for a contract for the development of an advanced version of pub... Read more

Eveready Industries Cuts Number Of Direct Distributors To 1,000 From 5,000

Batteries and flashlights maker Eveready Industries India Ltd has cut the number of its direct distributors to 1,000, fr... Read more

IHCL Partners Chalet Airport Hotel To Open 400-key Taj At IGI Airport's T3

Indian Hotels Company Ltd (IHCL) on Tuesday announced the signing of a 400-key Taj branded hotel at Indira Gandhi Intern... Read more

NCLAT Closes Insolvency Case Against Marvel Realtors & Developers

The National Company Law Appellate Tribunal (NCLAT) has closed the Corporate Insolvency Resolution Process (CIRP) agains... Read more

70% Of MSMEs Believe More Than 50% Of Customers Will Pay Using UPI

A report by NeoGrowth looks at the data from around 3,000 retail customers and 1,000 retail sellers across the country Read more

Dish TV Minority Shareholders Seek EGM, Removal Of 2 Independent Directors

A group of minority shareholders of Dish TV has sent a notice to call an Extraordinary General meeting (EGM) of the dire... Read more

Suryoday Small Finance Bank Posts Profit Of Rs 39 Cr For Jan-Mar

Suryoday Small Finance Bank on Monday posted a net profit of Rs 39 crore for the March quarter of 2022-23 as bad loans f... Read more

IT Major Infosys Rewards Employees With Equity Shares Under 2 Schemes

Under the 2015 Stock Incentive Compensation Plan, 104,335 equity shares were allotted and 407,527 shares were allotted u... Read more

Amazon Implements India Layoffs To Reduce Workforce Globally: Report

The downsizing round is part of the layoffs announcement made in March by Amazon CEO Andy Jassy, which was expected to i... Read more

NCLAT Allows Withdrawal Of CIRP For McLeod Russel India, Says IRP

Sources close to the development indicated that the settlement between McLeod promoters and IL&FS included a combina... Read more

UGRO Capital Net Profit Rises Two-fold At Rs 14 Cr In March Quarter

Technology-driven non-bank lender UGRO Capital on Monday reported a two-fold rise in its consolidated net profit at Rs 1... Read more

Dish TV Institutional Shareholders Call For EGM, Seek To Remove 2 Directors

The notice said the Board is acting at the behest of certain minority shareholders holding merely 4 percent stake in the... Read more

Allow Go First Pilots To Exit Without Impediment: Pilot Body To Scindia

The pilot's body has written to the minister seeking his intervention to help Go First pilots facing hurdles in leaving ... Read more

NuRe, Railtel Tie Up For Passenger Services App On Revenue Share Basis

3i Infotech-led consortium NuRe Bharat Network and RailTel on Monday unveiled PIPOnet mobile app which aims to provide a... Read more

Fertiliser Firm Coromandel International's Q4 Profit Up 18% At Rs 290 Cr

Company says 'strong growth' in products portfolio helped performance Read more