Banking

No Dividend For FY20: Thomas Cook's Rs 300-crore Cash Saving Plan

Thomas Cook says it has comfortable liquidity position and is focusing on cash conservation and cost optimisation across... Read more

ICICI Bank Sells 3.96% Stake In ICICI Lombard For Rs 2,250 Crore

Post the transaction, the ICICI Bank's stake in its general insurance subsidiary stands at 51.9 per cent and the rest is... Read more

RIL Net Debt Free Before Schedule; To List Retail, Telecom Biz Within 5 Yrs

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms. Read more

HDFC Capital Invests Rs 275 Cr In Mid-income Housing Project Of Kalpataru

First investment by fund manager in real estate after lockdown Read more

Whirlpool Of India Pre-tax Profit Falls 26% In Q4; Revenue Dips Marginally

The Gurugram-headquartered firm's PBT fell from Rs 161.4 crore to Rs 119 crore in the last quarter. Read more

AGR Case: SC Orders Telcos To File Balance Sheets Of Past 10 Years

In its affidavit, Bharti Airtel on Thursday told the court it had paid a substantial part of its AGR dues, seeking 20 ye... Read more

UV Asset Reconstruction Permitted To Sell Aircel's Spectrum Rights

The order is on the resolution plan for Aircel and its subsidiaries Dishnet Wireless and Aircel Cellular. Read more

Mukesh Ambani Nears Deal To Buy Stake In Some Units Of Future Group

An agreement between Ambani's Reliance and Future, which already has a partnership with Amazon.com Inc., could be announ... Read more

Future Group In Advance Talks With RIL To Sell Stake In Retail Biz: Report

Future Retail operates 1,500 retail stores that cover over 16 million square feet of retail space in 400 cities Read more

Galwan Valley Clash: Indian IT Services Companies In Wait-and-watch Mode

Indian IT industry is one of the biggest Indian employers in China, with around 22,000 employees in the country, includi... Read more

Amazon India Expands Flex Delivery Programme To Over 35 Indian Cities

The global delivery programme creates part-time work opportunities where individuals can earn by delivering packages to ... Read more

Gujarat State Fertilizer's Q4 Profit After Tax Declines 37% To Rs 62 Cr

The company's PAT for the corresponding period of the previous fiscal stood at Rs 97.91 crore, it said in a BSE filing. Read more

Moody's Cuts Rating On Tata Motors, Changes Outlook To Negative

Rating action comes days after the Tata group flagship reported a quarterly pre-tax loss of Rs 9,313 cr compared to a pr... Read more

ONGC Seeks Crude Price Assurance Of $45 Per Barrel, Cuts Capex By 15%

The largest domestic oil and gas producer had budgeted a capex of Rs 32,502 crore for the financial year, which has now ... Read more

Manoj Modi, The Rainmaker Behind Mukesh Ambani's $13-billion Deal Spree

Reserved and mostly invisible to the public, Modi is viewed by many insiders and others in India's business world as the... Read more