Vodafone Idea posts Rs 51k crore loss highest ever by an Indian firm
New Delhi, Hit hard by the unpaid statutory dues, telecom operator Vodafone Idea on Thursday posted a colossal Rs 50,921 crore loss for the...
HAL net profit surges in Q2
Bengaluru, State-run defence major Hindustan Aeronautics Ltd (HAL) reported Rs 621-crore net profit for the second quarter (Q2) of fiscal 2019-20, registering a 116...
India’s GDP likely to grow 5% this fiscal: SBI report
New Delhi, An SBI reserach report that was published sharply cut the country's GDP growth forecast to 5 percent for FY 2019-20 from the...
Industrial production contracts by 4.3% in September
NEW DELHI, Showing signs of sluggishness in the economy, industrial production shrank by 4.3 per cent in September, registering the weakest performance in seven...
Irani blames US-China trade war for cotton industry slowdown
Gurugram, Accepting the slowdown in the Indian cotton yarn industry, the Union Textiles Minister Smriti Irani on Sunday blamed the US-China trade war for...
SBI cuts MCLR by 5 bps across all tenors, reduces fixed deposit rates
Mumbai, The country's largest lender State Bank of India (SBI) reduced its marginal cost of fund based lending rate (MCLR) by 5 basis points...
Central Board of Direct Taxes notifies PAN-Aadhaar interchangeability
New Delhi, The Central Board of Direct Taxes on Thursday has amended over 100 forms and returns to provide for interchangeability between permanent account...
Centre forms Rs 25K cr fund to rescue stalled housing projects
New Delhi, In a move to protect over 4 lakh home buyers, the Centre formed a Rs 25,000 crore fund with participation from state-run...
PNB fraud : UK court to hear Nirav Modi’s new bail application
London, A UK court is set to hear a new bail application on Wednesday filed by fugitive diamantaire Nirav Modi, who is fighting extradition...
Infosys shares plunge 16%, Nandan Nilekani says whistleblower complaints being looked into
New Delhi, IT services firm Infosys plummeted 16 per cent on concerns over a whistleblower complaint which alleges that two of the company's top...