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SBI profit takes a knock

The State Bank of India (SBI) today reported a 35 per cent fall in standalone net profit for the second quarter ended September 30 because of a rise in provisions for bad loans.   | Read..
 

Factories barely grow in September

Industrial production grew a meagre 0.7 per cent in September mainly because of a poor show by the manufacturing and mining sectors coupled with a decline in capital goods...   | Read..
 

Clean-up of cash to tame prices

The government's move to demonetise Rs 500 and Rs 1,000 notes could lead to moderation in inflation unless the Reserve Bank of India intervenes to shore up money supplies.   | Read..
 

Tata Steel suffers loss

Tata Steel today reported a consolidated loss of Rs 49 crore for the second quarter ended September compared with a profit of Rs 5,609 crore in the corresponding period of...   | Read..
 

Stocks U-turn baffles all

After a smart rally on Thursday, the BSE Sensex today crashed about 699 points, its biggest one-day fall in nine months, to slip below 27000 on fears that the policies of...   | Read..
 

M&M top deck rejig

Mahindra & Mahindra today revamped its top deck by elevating Pawan Goenka as the group managing director, while re-designating Anand Mahindra as the executive chairman.   | Read..
 

Fillip for state entry tax

The Supreme Court today upheld the validity of tax levied by various states on goods entering their territory, saying they are "well within their right" to design...   | Read..
 

Court scanner on AirAsia pact

AirAsia India, a joint venture between Tata Sons and AirAsia Berhad, was today asked by the Delhi high court to place before the DGCA its brand licensing agreement with the...   | Read..
 

Levy on air travel

Domestic flying is likely to get costlier by anywhere between Rs 40 and Rs 100 from December following the government's decision to impose a levy of Rs 7,500-8,500 on...   | Read..
 
SBI profit takes a knock
 


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