Banking

Despite Odds, Fund Raising Via Equity Issues Jumps 28% In Apr-Sep

The fund raising through public and rights of issue of equities increased nearly 28 per cent to Rs 76,830 crore during t... Read more

IBM Split Won't Impact Indian Operations, Says CEO Arvind Krishna

IBM is uniquely positioned in India, which is not only a large market for the Big Blue but also houses a big chunk of it... Read more

India Can Become 2nd Largest Economy, Will Add 548,000 Jobs: Salesforce

Salesforce is estimated to have market capitalisation of around USD 240 billion Read more

Magicbricks Sees 30-40% Rise In Online Searches From Pre-Covid Level

Realty portal Magicbricks on Friday said the property searches on its platform has increased 30-40 per cent from the pre... Read more

Mid-corporates Staring At 16% Revenue Drop In 2020-21, Says India Ratings

In its previous forecast in May, the agency had forecast 6.02 per cent fall in aggregate revenue. Read more

YES Bank Case: CBI Registers Case Against HDIL Promoters Wadhawans

Searches conducted at residences, offices of Wadhawans Read more

UTI Mutual Fund Receives Payment Of Over Rs 12 Cr From Altico Capital

Certain UTI Mutual Fund schemes had invested in debt instruments of Altico that were downgraded to below investment grad... Read more

One-third Of IBM Staff In India May Be Moved To New Infra Services Biz: CEO

On Thursday, the 109-year-old IBM announced spinning off its managed infrastructure services unit into a new public comp... Read more

Glenmark's Antiviral Combination For Moderate Covid-19 Shows No Benefit

The trial's findings confirm that the addition of umifenovir does not show any incremental benefit in clinical outcomes,... Read more

IBM Spin Off Will Have New Leadership Team In India: Arvind Krishna

As IBM spins out a new company to help focus in two lucrative markets, the company's CEO Arvind Krishna said that the ye... Read more

Ramco Cements' New Grinding Unit In Odisha Goes Starts Operation

Ramco Cements Ltd on Friday said it has commenced operations at its new cement grinding unit in Odisha, set up at a co... Read more

Adani Gas Cuts CNG, PNG Prices Amid Reduction In Natural Gas Rates

Adani Gas on Friday cut CNG and piped cooking gas prices in various geographical areas in sync with the recent reduction... Read more

ONGC Chairman Says Will Look At HPCL And MRPL Merger After June 2021

ONGC is likely to look at merging its two oil refining subsidiaries, Hindustan Petroleum Corp and Mangalore Refinery and... Read more

Honda Bets Big On Recovery Of Rural Demand, Upcoming Festive Season

Rural sales at present are around 23 per cent of overall sales, which is nearly the same as in pre-Covid times Read more

CARE Downgrades Rating For Lakshmi Vilas Bank's Issued, Proposed Securities

The 93-year old private sector Lakshmi Vilas Bank (LVB) on Friday said credit rating agency CARE Ratings has downgraded ... Read more