Banking

IndusInd Bank Net Profit Jumps 194% In March Quarter On Low Provisions

The profit after tax grew to Rs 926 crore, from Rs 315 crore in the year-ago period Read more

Tata Power Considering A $473-million IPO For Its Renewable Energy Unit

The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investm... Read more

Marico Net Profit Up 14% In Jan Quarter; Revenue Up 34% On Low Base

The company's domestic consumer business contributes nearly 77 per cent to overall top line Read more

Reliance Retail Revenue Up 25% In March Quarter On Strong Recovery

Profit for the quarter also surged on the back of strong operational performance Read more

Jio Platforms Net Profit Jumps 47% In January-March Quarter To Rs 3,508 Cr

On a sequential basis, it was a weak show with a fall in ARPU, flat profit growth Read more

Tata Group Company To Set Up 450 Oxygen Units Worth Rs 75 Lakh Each

While the order for 450 PSAs has gone to Tata Advanced Systems, the remaining 50 will be put up by Trident Pneumatics Read more

Power Grid InvIT Of Rs 7,735 Crore Subscribed 56%, Closes On Monday

The price band for the IPO is 99-100 per unit of Rs 100 each Read more

TCS Announces Samir Sekaria As CFO As Incumbent 'Ramki' Retires Today

Sekaria started his career in TCS in 1999; moved to Corp Finance in 2004, where he played a big role in the firm's IPO; ... Read more

Motherson Sumi Systems Gets Shareholders' Nod For Proposed Restructuring

The firm will demerge its domestic wiring harness (DWH) business into a new company that will eventually be listed Read more

ITC Will Help Set Up 200-bed Covid-19 Medical Facility In Kolkata

Unit will be set up and managed by Medica Superspecialty Hospitals; Bengal govt has allowed use of Kishore Bharati Stadi... Read more

AstraZeneca First-quarter Covid-19 Vaccine Revenue At $275 Million

This is the first time the drugmaker has given financial details from the distribution and sales of its vaccine. Read more

Compliance Norms Eased For Companies, Market Participants Amid Covid Crisis

The securities market regulator SEBI has relaxed several compliance norms for listed companies and market participants Read more

Wipro Ups IT Services Revenue Guidance To 8-10% In April-June Quarter

Wipro on Friday revised upwards its IT services revenue outlook to 8-10 per cent sequential growth in the June 2021 quar... Read more

IBM To Acquire US-based Enterprise Software Firm Turbonomic For Up To $2 Bn

Tech giant IBM has announced to acquire US-based enterprise software company Turbonomic, a deal that according to media ... Read more

L&T Finance Holdings Says Q4 Net Profit Down 30% On One-time Expenses

Quarter continued to see economic recovery across sectors led by rural and infrastructure space, company says. Read more