Cigarette maker Godfrey Phillips India on Saturday reported a 53.56 per cent decline in its consolidated net profit at Rs 55 crore for the first quarter ended June 30, 2020. The company had reported ...

When Joe Biden was elected as one of the youngest US senators in 1972, one of the first letters that he received was from Mumbai, with the sender sharing the same last name. About five years ago, the...

As many as 159 companies listed on the BSE cumulatively saw a decline of Rs 22,538 crore in their EBITDA in the three months ended March 2020 compared with the December quarter, reflecting an early im...

The successful launch of India’s second REIT with an issue size of Rs 4,500 crore and its listing on the bourses at more than 10 per cent premium on Friday will encourage more builders to moneti...

The week started on a disappointing note for investors as the Sensex slumped 667 points with financial stocks battered as sentiment turned weak amid heady valuations that are not supported by either m...

The Centre’s decision to extend the deadline for the BPCL selloff has put a question mark on the Narendra Modi government’s ability to achieve the ambitious disinvestment target of Rs...

Hedge fund Route One Investment Company will be doubling its stake in IndusInd Bank to 10 per cent, the private sector lender said on Friday. The hedge fund has received a nod from the Reserve Bank o...

Shares of Jet Airways soared on Monday on reports that a resolution plan for the troubled carrier could be finalised this week.On the BSE, the stock rose over 16 per cent to close at Rs 294.40 after t...

The smile was back among investors as the benchmark indices staged a strong rally on short-covering even as buying was seen in beaten-down sectors such as financial and auto stocks.Equities hit the ri...

The beleaguered rupee started on the same note as last week and fell 30 paise to close at a record low of 74.06 against the dollar, despite crude prices falling below $83 per barrel.This fresh fall in...