Banking

Kanorias Make An Offer Under Section 12A To Take Srei Out Of Insolvency

They feel that existing resolution plans under consideration by the Srei CoC fail to offer a fair and equitable consider... Read more

Srei Promoters Submit Resolution Plan To Exit Insolvency Process

In a last ditch effort, Srei Group promoters have submitted a resolution plan with the Srei administrator under Section ... Read more

NCLT Admits Application Seeking CIRP Against McLeod Russel India

IL&FS sought to initiate CIRP against McLeod Russel in connection with a default in payment in 2019 Read more

EIH Consolidated Net Profit Rises To Rs 151 Crore In December Quarter

Hospitality firm EIH Ltd, a part of the Oberoi group, on Friday reported an over three-fold rise in consolidated net pro... Read more

Inox Wind Consolidated Net Loss Widens To Rs 287.86 Cr In December Quarter

Inox Wind on Friday reported widening of consolidated net loss to Rs 287.86 crore in the December quarter, due to higher... Read more

ABB India Net Profit Rises By 58% To Rs 306 Crore In December Quarter

ABB India on Friday posted a 58 per cent jump in its net profit at Rs 306 crore in the December quarter, mainly on the b... Read more

Oil India Reports 40% Jump In Dec Qtr Profit On High Output, Better Pricing

State-run explorer Oil India reported a bigger-than-expected 40% jump in third-quarter profit on Friday, aided by increa... Read more

JM Financial Net Income Falls By 12.3% To Rs 190.2 Crore In Dec Quarter

Financial services firm JM Financial on Friday reported a 12.3 per cent fall in net income at Rs 190.2 crore for the qua... Read more

Ant Group's Nominee Director Douglas Feigan Steps Down From Zomato Board

Move is the latest in a string of top exits from the food aggregator; comes a week after Feigan stepped down from the bo... Read more

Fortis Healthcare Reports Flat December Quarter Profit At Rs 142 Crore

Fortis Healthcare on Friday reported a flat December quarter net profit at Rs 142 crore. The healthcare provider had po... Read more

NSE Removes Adani Ports, Ambuja Cements From Surveillance Framework

Shares of eight of the 10 group firms closed in the red, while two companies settled in the green territory on Friday Read more

M&M Q3 Results: PAT Rises 14% To Rs 1,528 Crore; Revenue Jumps 41%

M&M will now focus on growing farm machinery revenues by 10-fold in next 5 years Read more

Diamond Jewellery Contribution To Touch 30% Over 2-3 Years: Titan

The firm currently sees 26 per cent of its revenue come from diamond-studded jewellery Read more

Kissht To LazyPay: Centre Revokes Order Blocking Seven Loan Apps

Decision taken after presentations from the platforms and reviewing documents justifying compliance, says official Read more

Crown Worldwide Opens Third Phase Of Records Management Centre In Chennai

With the completion the 3rd phase at an investment of $2 million, the unit now has a storage capacity of over 1.8 millio... Read more