Economy of India


BPCL Q2 Net Profit Jumps 58% On Refining Margins, Inventory Gains

Banking - Published date: .

Privatisation-bound Bharat Petroleum Corp Ltd (BPCL) on Thursday reported 58 per cent jump in September quarter net prof... Read more

Tech Mahindra To Acquire Tenzing Group, Momenton For Rs 293 Crore

Banking - Published date: .

IT company Tech Mahindra on Friday said it will acquire complete stake in New Zealand-based Tenzing Group and Australian... Read more

Tata Motors Bags Order For 6413 Ace Vehicles From AP Civil Supplies Corpn

Banking - Published date: .

Tata Motors on Friday said it has secured an order from the Andhra Pradesh Civil Supplies Corporation for supply of 6,41... Read more

Tata Motors Ties Up With HDFC Bank For Financing Of Passenger Vehicles

Banking - Published date: .

Tata Motors on Saturday said it has collaborated with HDFC Bank for financing of its passenger vehicles Read more

Tech Mahindra Signs Agreement To Form Joint Venture With Sumitomo Corp

Banking - Published date: .

IT company Tech Mahindra has signed an agreement with Japan-based Sumitomo Corporation for setting up a joint venture to... Read more

JK Tyre, Other Companies Face Antitrust Scrutiny In Bid-rigging Case

Banking - Published date: .

NEW DELHI (Reuters) - India's antitrust regulator is investigating JK Tyre & Industries Ltd after a state governmen... Read more

HCL Tech Q2 Net Profit Up 18.5% At Rs 3,142 Cr; Revenue Rises 6.1%

Banking - Published date: .

On a sequential basis, net profit was 7.4% higher from Rs 2,925 crore, while top line was higher by 4.2% from Rs 17,841 ... Read more

Ramco Cements' New Grinding Unit In Odisha Goes Starts Operation

Banking - Published date: .

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

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

Banking - Published date: .

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

M&M Offers Free Coronavirus Insurance Plan For Bolero Pick-up Range

Banking - Published date: .

Auto major Mahindra & Mahindra on Friday announced a free coronavirus insurance plan for its Bolero pick-up range, o... Read more

Berger Capex Remain Unaffected Amid Pandemic, Aims Higher Market Share

Banking - Published date: .

The country's second-largest paint maker Berger Paints said that despite the pandemic its capital expenditure for this... Read more

Canara Bank To Raise Up To Rs 2,000 Cr Equity Capital Through QIPs

Banking - Published date: .

As per the filing, the number of equity shares of the face value of Rs 10 each in one or more tranches with a premium wi... Read more

Confident Of Delivering Stronger Performance In FY21, Says Emami Founder

Banking - Published date: .

Emami is confident of delivering a "stronger performance" in FY21, despite a 26 per cent degrowth in sales in the Covid-... Read more

India Public Cloud Market To Reach Rs 63,000 Crore By FY25: Nasscom

Banking - Published date: .

India's public cloud market stood at Rs 17,000 crore in FY2020 and is expected to grow at about 30 per cent CAGR to reac... Read more

Tatas Blocking Share Pledge Vindictive, To Cause Damages: SP Group

Banking - Published date: .

Shapoorji Pallonji Group that owns 18.37% in Tata Sons said the Tatas moving SC to block its plan to pledge shares for r... Read more

Canara Bank Raises Rs 1,012 Cr By Issuing Basel III Compliant Bonds

Banking - Published date: .

Canara Bank on Friday said it has raised Rs 1,012 crore by issuing Basel III compliant bonds Read more

Sebi Shortlists Bharti Airtel, Wipro, Others To Revamp IT Infra Network

Banking - Published date: .

Markets regulator Sebihas shortlisted eight companies including Bharti Airtel, Wipro and Tata Communications to revamp i... Read more

Adani Ports & SEZ Raises Rs 900 Cr Through NCDs On Private Placement Basis

Banking - Published date: .

Adani Ports and Special Economic Zone (APSEZ) on Friday said it has raised Rs 900 crore through allotment of non-convert... Read more

BPCL To Offer Its Employees Stock Options At A Third Of Market Price

Banking - Published date: .

State-owned Bharat Petroleum Corp Ltd (BPCL) has offered its employees stock options at one-third of the market price as... Read more

TCS ION Offers Free Course For Teachers To Enhance Digital Teaching Skills

Banking - Published date: .

TCS iON, a unit of IT services major Tata Consultancy Services, on Friday said it has launched a free 15-day self-paced ... Read more