HC Spikes Yes Banks AT-1 Bond Write-off
Reserve Bank of India directed the Yes Bank administrator to write off these bonds as part of a restructuring scheme to ... Read more
Q3 Previews: Yes Bank's Loan Book Likely Subdued On NPA Transfer; Kotak Bank's Credit Growth Seen Strong
In Q3, Yes Bank's gross loan book is expected to be muted due to NPA transfer to ARC, on the contrary, Kotak Bank is lik... Read more
ICICI Bank Q3 Preview: PAT Likely To Rise On Healthy Margins, Provisions May Stay At Low Levels
In Q2FY23, the bank posted a net profit of ₹7,558 crore up by 37% from ₹5,511 crore in the same quarter last year.... Read more
Google Cuts Add To Tech Wipeout Thats Claimed Over 100,000 Jobs
Here’s a running list of the technology companies planning layoffs Read more
JSW Energy Net Profit Falls 45% To <span Class='webrupee'>₹</span>180 Cr In Q3
The EBITDA for the quarter was 18 per cent lower at ₹727 crore vis-a-vis ₹882 crore in the corresponding period of... Read more
How Delayed Fundraise And The MAX Mess Hurt SpiceJet
The domestic market share of the low-cost airline fell to 10.5% in 2021, pushing it to the third place with state-run co... Read more
Star India FY22 Net Profit Jumps 74% To <span Class='webrupee'>₹</span>1421.27 Crore, Revenue Up 38%
The Walt Disney Company-owned Star India, an entertainment network, has posted a 74% increase in its consolidated net pr... Read more
Reliance Retail Profit Up 6.2%; Acquires Centro Footwear
The company’s revenue from operations grew 18.6% year-on-year to touch ₹60,096 crore. Read more
Crypto Lending Unit Of Genesis Files For US Bankruptcy
Genesis Global Capital, one of the largest crypto lenders, froze customer redemptions on Nov 16 after the collapse of ma... Read more
JSW Q3 PAT Dips 90% On Lower Exports
Its consolidated profit after tax fell to ₹476 crore compared to ₹4,516 crore in the year ago, with exports contra... Read more
Coforge Seals Record Deals In Q3 At $345 Mn
The firm signed three large deals, including a $50 million-plus client, and two $30 million-plus contracts in terms of t... Read more
Swiggy Lays Off Over 6% Staff To Tame Costs
Tech firms across the board have ramped up their cost-cutting measures with layoffs being the primary one Read more
Air India Is Likely To Buy 235 Single-aisle Jets From Airbus As Part Of Its Biggest-ever Purchase
The deal, roughly split with rival Boeing, is set to cover a total of 425 single-aisle jets including 235 Airbus Read more
Reliance Retail Q3 PAT Jumps 6.2%, EBITDA At 4,786 Cr
The revenue for December quarter was up by 17.1 per cent to ₹67,634 crore, Read more
Reliance To Raise <span Class='webrupee'>₹</span>20,000 Cr Via Non-convertible Debentures
These NCDs will be issued in one or more tranches and on a private placement basis. Read more