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TechM scrapsbank plan

IT services firm Tech Mahindra today became the third player to opt out of the payments banking business, raising questions about the popularity of this niche banking space which had once attracted...   | Read..
 

Dhunseri strategy for Egypt unit

Chandra Kant Dhanuka-owned Dhunseri Petrochem has embarked on a plan to bring in a strategic partner for its loss-making Egyptian venture and restructure the outstanding debt.   | Read..
 

Bank of India latest victim of bad loans

The bad loan menace continues to dog public sector banks with Bank of India's March-quarter net loss widening on account of higher provisioning.   | Read..
 

VRL scrip hits air pocket

The VRL Logistics scrip today cracked nearly 20 per cent on the Bombay Stock Exchange as investors were spooked by its promoters' decision to start a regional airline.   | Read..
 

More PF money in equity

The Employees' Provident Fund Organisation (EPFO) will increase its investment in the equity market beyond the present 5 per cent despite a dismal 2 per cent return in the...   | Read..
 

Preferential trade pact with Iran in a year

India and Iran have agreed to conclude within a year the preferential trade agreement (PTA), which is expected to boost bilateral trade and give a fillip to sagging exports.   | Read..
 

Net bet for forex deal

Dubai-based Fxkart.com, an online aggregator of Reserve Bank-authorised foreign exchange dealers, is betting on the growing forex demand of travellers to sustain a 25-30...   | Read..
 

Cipla profit falls 69%

Cipla, India's fifth-largest drug maker by sales, reported a fall of 69 per cent in its quarterly earnings on Tuesday, far short of analysts' forecasts.   | Read..
 
TechM scrapsbank plan
 


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