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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 16.04.21

Citibank to exit India retail biz

Citibank, the largest foreign lender in India by assets and profits, is exiting the consumer banking business in the country as part of a global strategic review. The consumer banking business compri...
By Our Special Correspondent in Mumbai

Business  /  Published 16.04.21

Bond buy fails to cool yields

The Reserve Bank of India (RBI) on Thursday completed its first tranche of bond purchases under the G-sec acquisition programme, or G-SAP 1.0. However, its exercise did not have the desired impact on ...
By Our Special Correspondent in Mumbai

Business  /  Published 16.04.21

Govt mulls more stimulus options

The government is not ruling out the option of coming out with another round of stimulus measures focused on small and medium enterprises and helping out the poor and vulnerable sections of society as...
By R. Suryamurthy in New Delhi

Business  /  Published 15.04.21

Sensex jumps 260 points to close above 48,000

Equity benchmark Sensex ended 260 points higher after a volatile session on Thursday, tracking gains in index majors HDFC twins, TCS and ICICI Bank amid largely positive cues from global markets. Aft...
By Our Bureau, Agencies in Mumbai

Business  /  Published 15.04.21

Sensex drops over 200 points in early trade

Equity benchmark Sensex tumbled over 200 points in early trade on Thursday, tracking losses in index majors Infosys, ICICI Bank and M&M amid negative cues from domestic and global markets. After ...
By Our Bureau, Agencies in Mumbai

Business  /  Published 15.04.21

Future arm defaults

Kishore Biyani group firm Future Enterprises Ltd has defaulted on payment of interest on non-convertible debentures (NCDs). “The company is unable to service its obligations in respect of the i...
By Our Special Correspondent in Mumbai

Business  /  Published 15.04.21

Airtel recasts operations

Bharti Airtel on Wednesday announced a new corporate structure to sharpen the company’s focus on rapidly unfolding digital opportunities.  The move comes at a time players are positioning ...
By The Telegraph in New Delhi

Business  /  Published 15.04.21

Chambers critical of Maharashtra closure

The lockdown in Maharashtra has evoked a mixed response: some industrialists have welcomed the state government move but chambers are sceptical. On Tuesday, the Uddhav Thackeray-led government had an...
By Our Bureau in Mumbai

Business  /  Published 15.04.21

Life covers top FD returns

Returns from guaranteed return life insurance plans have trumped fixed deposits amid falling interest rates. The trend, according to the industry officials, is expected to sustain over the next 12 mon...
By A Staff Reporter in Calcutta

Business  /  Published 15.04.21

Infosys net falls 2.3% on QoQ basis

Technology giant infosys saw its fourth quarter net profits tumble on a sequential basis even as its revenues rose by a blip but trailed market estimates. India’s second biggest software servic...
By Our Special Correspondent in Mumbai


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