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HDFC reports Q1 net profit of Rs 3,203 crore

HDFC reports Q1 net profit of Rs 3,203 crore

Total income increased to Rs 12,996 crore in Q1 FY20 as compared to Rs 9,952 crore in Q1 FY19, HDFC said in a statement.

Aug 02, 2019, 16:41 PM IST
Vistara announces daily flight to Dubai from August 21

Vistara announces daily flight to Dubai from August 21

A round trip Mumbai-Dubai-Mumbai will come at Rs 17820 for economy class, Rs 24900 for  premium economy class and Rs 37465 for business class.

Aug 02, 2019, 15:40 PM IST
State Bank of India registers Q1 net profit of Rs 2,312 crore

State Bank of India registers Q1 net profit of Rs 2,312 crore

SBI said the Bank's operating profit increased by 10.63 percent YoY while its net interest income grew by 5.23 percent.

Aug 02, 2019, 14:53 PM IST
Mindtree names former Cognizant executive Debashis Chatterjee as CEO

Mindtree names former Cognizant executive Debashis Chatterjee as CEO

Mindtree has appointed named SN Subrahmanyan, CEO of Larsen & Toubro Ltd (L&T), as its non-executive vice chairman.

Aug 02, 2019, 14:33 PM IST
Business failure must not be looked down upon: FM Sitharaman on VG Siddhartha's death

Business failure must not be looked down upon: FM Sitharaman on VG Siddhartha's death

Siddhartha's body was found on the banks of the Netravathi river in Karnataka on Wednesday. In a letter purportedly written by him, Siddhartha alleged, among other reasons, harassment by the Income

Aug 02, 2019, 12:50 PM IST
ZMCL Q1 operating profit grows 83.6% to Rs 658.8 million

ZMCL Q1 operating profit grows 83.6% to Rs 658.8 million

The 14 news channels of ZMCL comprising 1 Global, 3 National and 10 Regional channels together continued to be one of the largest TV news networks in the country and reached more than 308 mn viewers.

Aug 02, 2019, 12:33 PM IST
Indigo announces anniversary sale, offers flight tickets starting at Rs 999

Indigo announces anniversary sale, offers flight tickets starting at Rs 999

The anniversary sale offer is valid between July 31 to August 4 for travel period between August 15 and March 28 2020.

Aug 02, 2019, 10:28 AM IST
Vistara, DIAL to soon begin face recognition trials for passengers at Delhi Airport

Vistara, DIAL to soon begin face recognition trials for passengers at Delhi Airport

The trial will be done in line with the central government’s signature DigiYatra programme that ensures that customers gets a seamless, consistent and paperless service experience at airports.

Aug 01, 2019, 17:35 PM IST
Bharti Airtel posts consolidated net loss of Rs 2,866 crore in Q1

Bharti Airtel posts consolidated net loss of Rs 2,866 crore in Q1

Airtel said that its overall customer base stands at 404 million across 16 countries. Indian Mobile ARPU (Average Revenue Per User) increased to Rs 129 in the quarter.

Aug 01, 2019, 17:14 PM IST
IndiGo to start direct flight from Kolkata to Vietnam from October

IndiGo to start direct flight from Kolkata to Vietnam from October

Bookings for Kolkata to Hanoi are open with one-way fares starting at 9,999.

Aug 01, 2019, 14:47 PM IST
ED conducts raids at residences of Ranbaxy group promoters Malvinder, Shivinder Singh

ED conducts raids at residences of Ranbaxy group promoters Malvinder, Shivinder Singh

Singh brothers were booked in March on charges of cheating, criminal conspiracy and breach of trust related to Religare Enterprises and its subsidiary Religare Finvest Limited (RFL).

Aug 01, 2019, 14:38 PM IST
Essel Group announces stake sale in ZEEL

Essel Group announces stake sale in ZEEL

The Fund has agreed to buy up to an 11% stake in ZEEL from its promoters, for a total consideration value of up to Rs. 4,224 Crore.

Aug 01, 2019, 14:11 PM IST
Aircel-Maxis case: Court extends interim protection from arrest to Karti, P Chidambaram till August 9

Aircel-Maxis case: Court extends interim protection from arrest to Karti, P Chidambaram till August 9

Chidambaram, then Union finance minister, allegedly gave FIPB approval in the Aircel-Maxis FDI in March 2006 even though he was empowered to accord approval on project proposals only up to Rs 600

Aug 01, 2019, 12:45 PM IST
CCD appoints SV Ranganath as interim chairman after founder VG Siddhartha's death

CCD appoints SV Ranganath as interim chairman after founder VG Siddhartha's death

VG Siddhartha was found dead on Wednesday, two days after he went missing mysteriously near Mangaluru in Karnataka.

Jul 31, 2019, 14:34 PM IST
Govt agencies, banks can drive anyone to despair, tweets Vijay Mallya on CCD founder VG Siddhartha

Govt agencies, banks can drive anyone to despair, tweets Vijay Mallya on CCD founder VG Siddhartha

VG Siddhartha went missing between 6 pm to 8 pm on Monday night. On Wednesday early morning his body was found floating over the water of Netravati river.

Jul 31, 2019, 10:13 AM IST
Rolls Royce issues statement after FIR by CBI, says ‘won’t tolerate business misconduct’

Rolls Royce issues statement after FIR by CBI, says ‘won’t tolerate business misconduct’

The company has said that it will “not tolerate business misconduct of any sort”, adding that Rolls Royce is “committed to maintaining high ethical standards”.

Jul 31, 2019, 08:05 AM IST
CBI files FIR against Rolls Royce for alleged bribery to HAL, ONGC, GAIL officials

CBI files FIR against Rolls Royce for alleged bribery to HAL, ONGC, GAIL officials

CBI in its FIR said Rolls Royce appointed Ashok Patni as commercial Advisor in lndia for bribing officials of HAL, ONGC and GAIL.

Jul 30, 2019, 18:32 PM IST
CCD founder VG Siddhartha was probed by I-T department, had alleged harassment

CCD founder VG Siddhartha was probed by I-T department, had alleged harassment

In May, he exited from his 20.32 percent holding in Mindtree by selling the entire stake to construction major Larsen and Toubro through a block deal worth around Rs 3,200 crore.

Jul 30, 2019, 12:29 PM IST
V G Siddhartha not reachable since yesterday evening, CCD informs BSE

V G Siddhartha not reachable since yesterday evening, CCD informs BSE

Shares of popular coffee chain Cafe Coffee Day were down 19.99 percent to Rs 154.05 a piece, touching the 52-week lowest band on Tuesday.

Jul 30, 2019, 11:12 AM IST
Azim Premji to retire as Wipro's MD, executive chairman today

Azim Premji to retire as Wipro's MD, executive chairman today

Wipro has named Chief Executive Officer Abidali Z Neemuchwala as its new MD.

Jul 30, 2019, 10:24 AM IST