Business

The net loss of Rs 112 crore for the quarter was driven by a one-time tax impact of Rs 2,138 crore due to changes in corporate tax rate, the bank said.

The Securities and Exchange Board of India had in January last year barred Price Waterhouse and two auditors from auditing listed companies.

The downtrend was largely due to a 70 per cent fall in cross-border deal values, driven by a sharp fall in the outbound deal values that fell from $8 billion in Q32018 to $0.1 billion

Axis bank had posted a net profit of Rs 789.61 crore in the corresponding quarter of the previous fiscal.

Bank Strike Today 22 October 2019 HIGHLIGHTS: All India Bank Employees’ Association (AIBEA) and Bank Employees Federation of India (BEFI) have called for the strike to protest against the recently announced bank mergers, falling deposit

Among the gainers were Yes Bank, TCS, Bharti Airtel, HUL, ICICI Bank, Hero MotoCorp, HDFC twins, RIL and ITC, rallying up to 7 per cent. The rupee appreciated by 27 paise to 70.87 against the

Infosys news: One of the complaints "largely deals with allegations relating to the CEO's international travel to the US and Mumbai," Infosys Chairman Nandan Nilekani said in a statement.

Gold, Petrol, Diesel Price Today: Follow this space to check the Rupee value today and the prices of gold, petrol and diesel in major parts of India including Noida, Delhi, Kanpur, Lucknow, Chennai.

JPMorgan Chase & Co. is expected to present a separate financing package to the WeWork board, another person said. The bank has been pitching investors on a $5 billion junk-debt offering, but it has yet

The letter, addressed to the board and published by the Deccan Herald, charged Parekh with “unethical practices” to boost revenues and profit in recent quarters, anonymous whistle-blowers wrote in a memo titled “Disturbing unethical practices.”

There is no clarity on what could be the reason behind this rising trend of entry level workforce among MGNREGA workers but experts say this could be a reflection of rural distress and lack of

Most of the banks including the country’s largest lender, State Bank of India (SBI), have already informed customers about the strike and its impact on them.

As per Commerce Ministry data, India’s vegetable oil imports were valued at Rs 69,023.79 cr in 2018-19 and Rs 27,972.27 cr during April-August 2019.

This was the first incident of suspension after the Directorate General of Civil Aviation (DGCA) instituted a system to check ground personnel for reporting on duty having consumed alcohol.

The decision comes amid allegations of conflict of interest with respect to CAM and the government indicating to the IL&FS board to effect a change.

This order could have far reaching implications for the country’s premier rural management institute affiliated to National Dairy Development Board (NDDB).

“We have emails and voice recordings and we will share when investigators ask us … Large deal approvals have irregularities. The CEO (Salil Parekh) is bypassing reviews and approvals and instructed sales not to send

Ravi Shankar Prasad called for startups to play a major role in bridging the gaps between “haves and have-nots”.

UltraTech expects the demand to normalise in the remaining two quarters of FY20 on the back of positive demand in parts of north India.

TechSagar will allow targeted search, granular navigation and drilldown methods using more than 3,000 niche capabilities. The repository currently features over 4,000 entities.

Wockhardt’s payables have been on the rise over the last three years, with the company reporting over Rs 800 crore in trade payables at the end of March 31, 2019.

Kapil Wadhawan and Dheeraj Wadhawan, popularly known as Baba Dewan, are the promoters of DHFL, a housing finance company that has a debt of Rs 1 lakh crore.

Over the past one year, there has been a rise in external debt as India Inc has turned towards foreign markets to raise funds. This has happened because of the liquidity situation tightening in the

Talking about the need to convert challenges posed by technology into opportunities, the PM cited the example of the creation of India Post Payments Bank.

The group also recommended that a standard grading system for hospitals, based on the quality parameters should be prepared, and same grading can be used by PMJAY (Pradhan Mantri Jan Arogya Yojana ) and the