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Business

HDFC Bank misses profit estimates

HDFC Bank on Saturday fell short of Street estimates as it reported an 18.17 per cent growth in net profit for...

Glenmark files for IPO

Glenmark Pharmaceuticals on Saturday said its wholly-owned arm Glenmark Life Sciences has filed preliminary pa...
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Jack Ma exit plan in the works

Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and g...

AC makers to get 4-6 per cent sop

The government has notified an incentive of 4-6 per cent under the production linked incentive scheme for air ...

SC check on cheque frauds

A five-judge constitution bench of the Supreme Court on Friday asked the Centre to consider amending the law d...

Maruti jacks up car prices

Maruti Suzuki on Friday hiked prices on select models by up to Rs 22,500 with immediate effect to partially of...

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Business  /  Published 17.04.21

Tax break for senior citizens sought

The government had decided to withdraw steep cuts in small savings amid ongoing assembly elections in certain states, including Bengal which commands the highest share in small savings collections in ...
By A Staff Reporter in Calcutta

Business  /  Published 17.04.21

IMD forecasts normal rainfall

India’s 2021 monsoon rainfall will be normal, the India Meteorological Department predicted on Friday, stirring optimism among crop researchers and economists amid lingering uncertainty posed by...
By R. Suryamurthy, G.S. Mudur in New Delhi

Business  /  Published 16.04.21

Sensex, Nifty end marginally higher

Equity benchmarks Sensex and Nifty ended marginally higher after a volatile session on Friday amid positive cues from global markets. The 30-share BSE Sensex ended 28.35 points or 0.06 per cent highe...
By Our Bureau, Agencies in Mumbai

Business  /  Published 16.04.21

Sensex jumps over 150 points in early trade

Equity benchmark Sensex advanced over 150 points in early trade on Friday, tracking gains in index majors HDFC twins, Asian Paints and HCL Tech amid largely positive cues from global markets. The 30-...
By Our Bureau, Agencies in Mumbai

Business  /  Published 16.04.21

Bengal chamber settles tax row

Bengal Chamber of Commerce & Industry (BCC&I) has put an end to the three-and-half decade long tax dispute with Calcutta Municipal Corporation, clearing the air of uncertainty over the oldest ...
By Sambit Saha in Calcutta

Business  /  Published 16.04.21

Facebook in green deal

Facebook has signed a deal with Warburg Pincus-backed CleanMax to source renewable energy. The deal is part of the environmental sustainability efforts of the US-based technology firm. The collaborat...
By Our Bureau, Agencies in Calcutta

Business  /  Published 16.04.21

Amazon venture fund

Amazon.com Inc on Thursday announced a $250-million venture fund for India, focused on bringing the country’s small businesses online, as the company comes under fire from local retailers. The ...
By Reuters, PTI in New Delhi

Business  /  Published 16.04.21

Wipro results meets estimates

Wipro on Thursday met Street estimates when it posted a 27.8 per cent growth in net profit for the fourth quarter ended March 31, 2021. Net profits of the IT services firm rose to Rs 2,972 crore from ...
By Our Special Correspondent in Mumbai

Business  /  Published 16.04.21

Wholesale price index at 8-year high

The wholesale price inflation zoomed to an eight-year high of 7.39 per cent on rising crude and commodity prices. Economists expect inflation to touch double digits in the near term, which will dim t...
By Our Special Correspondent in New Delhi

Business  /  Published 16.04.21

Plea in apex court

A company on Thursday moved the Supreme Court, seeking fresh stimulus for the micro, small and medium enterprises (MSMEs) and a plea to direct the RBI to issue guidelines to provide interim relief bec...
By Our Legal Correspondent in New Delhi


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