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Business

Amazon bid to block Future deal

Amazon.com Inc has moved the Delhi high court to block Future Group from selling its retail assets to Reliance...

Fuel duty cut unlikely

Motorists may not get any immediate relief from the high petrol and diesel prices as the finance ministry does...
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Kotak Bank net profit up 11%

Private sector lender Kotak Mahindra Bank’s consolidated profit after tax (PAT) grew 11 per cent to Rs 2...

Bombay high court denies bail to Kapoor

The Bombay high court on Monday  refused to grant bail to Yes Bank founder Rana Kapoor, who is accused in...

Thumbs-up to Grasim paints foray

Investors on Monday gave a thumbs-up to Grasim Industries’ plan to foray into the paints segment. On th...

RIL stock battered, cedes ground to TCS

Reliance Industries’ decision to stop showing its refining margins in its quarterly numbers pulled down ...

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Business  /  Published 22.01.21

Revival to beat forecasts: RBI

The Reserve Bank of India has said the revival in the economy will exceed most forecasts which will drive the economy towards a “glorious summer” while throwing open the space for a greate...
By Our Special Correspondent in Mumbai

Business  /  Published 22.01.21

Bandhan profit falls 13.5 per cent

Covid related provisions have eroded the bottomline of Bandhan Bank for the December quarter of 2020. The private bank posted a net profit of Rs 632.6 crore, down 13.5 per cent from a year ago. The b...
By A Staff Reporter in Calcutta

Business  /  Published 22.01.21

Saregama buys rights of four films

Saregama India Ltd is making a comeback in the Hindi movie circuit after decades. The company has bought the music rights to the films of four big Bollywood production houses, which are expected to h...
By Our Bureau in Calcutta

Business  /  Published 22.01.21

Work-from-home tax breaks

Analysts at PwC India are in favour of additional tax benefits for salaried individuals to meet expenses incurred on account of work from home. The move can potentially increase income at the hands o...
By A Staff Reporter in Calcutta

Business  /  Published 22.01.21

Asian Paints net jumps to Rs 1,265cr

Asian Paints on Thursday reported a 62.28 per cent jump in its consolidated profit to Rs 1,265.35 crore for the third quarter ended December 31, 2020.   The company had posted a profit of Rs 779...
By PTI in New Delhi

Business  /  Published 22.01.21

Move to tap Iran crude oil

India plans to keep the option open of resuming crude purchase from Tehran and will closely monitor the steps taken by the Biden administration on the Iran nuclear issue. Petroleum minister Dharmendr...
By Our Special Correspondent in New Delhi

Business  /  Published 22.01.21

Canadian fund invests in toll road

Canadian institutional fund manager Caisse de dépôt et placement du Québec (CDPQ) through its infrastructure investment trust — India Highway Concession Trust — has sig...
By A Staff Reporter in Calcutta

Business  /  Published 22.01.21

Caveats to Future deal

Shares in Future Group companies jumped 5 per cent on Thursday after Indian stock exchanges approved the group’s Rs 24,713-crore deal to sell their retail assets to Mukesh Ambani-led conglomerat...
By Our Special Correspondent in Mumbai

Business  /  Published 22.01.21

Mid, small caps to beat larger peers

Global brokerage firm Morgan Stanley has said that growth in India is set to surprise on the upside. The brokerage also pointed out that small and mid-cap stocks will beat their larger peers as return...
By Our Special Correspondent in Mumbai

Business  /  Published 22.01.21

Sensex keeps date with 50000

The Sensex on Thursday scaled the 50000-level for the first time on hopes of an economic recovery and positive global cues but fell victim to profit booking to finish below the milestone. However, th...
By Our Special Correspondent in Mumbai


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