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Latest News:

RBL Bank

RBL net jumps 59% as advances soar 46%

New Delhi: Mid-sized private sector lender RBL Bank has reported a steep 59 percent jump in its December quarter net at Rs 128.7 crore on the back of a healthy 46 percent growth in advances despite the note ban during most part of the quarter.

It can... Read More

h-1b-visa11[1]

In new H-1B visa bill, foreigners educated in US will get preference

Washington: Two powerful US Senators have announced they will introduce a legislation which, if passed by the Congress, would give preference to foreigners studying in American universities, a move that will tighten the noose around the H-1B visa pro... Read More

BSE, IPO, Stock Market, SEBI

BSE raises Rs 373 crore from anchor investors

New Delhi: Leading stock exchange BSE today raised Rs 373 crore by allotting shares to anchor investors ahead of its much-awaited initial public offer opening on January 23.

The exchange has allotted shares to anchor investors at the price of Rs 806 ... Read More

Jyothy Laboratories, Financial results

Jyothy Labs’ Q3 net up at Rs. 21.5 cr

New Delhi: FMCG player Jyothy Laboratories today reported 6.59 per cent increase in consolidated net profit at Rs. 21.51 crore for the third quarter ended December 31, 2016.

The company had posted a consolidated net profit of Rs. 20... Read More

Indiabulls Housing Finance, fundraising

Indiabulls net jumps 25% to Rs 751 cr as Loan-Book grows 30%

Mumbai: Indiabulls Housing Finance today reported a 25 per cent rise in net profit at Rs 751 crore for the December quarter and said it has not been affected by the note-ban at all.

The leading standalone mortgage player also crossed the Rs 1 trillio... Read More

SBI, stake, nse

SBI raises Rs. 5,681 cr by issuing preference shares to government

New Delhi: State Bank of India (SBI) today raised Rs. 5,680.99 crore by issuing preferential shares to the government.

The Committee of Directors for Capital Raising of SBI accorded approval to allot 21... Read More

Sanjiv Goenka

Sanjiv Goenka Group, Bharti to invest Rs. 14,000 cr in Bengal

Kolkata: R P Sanjiv Goenka Group and Bharti Enterprises today announced an investment commitment of up to Rs. 14,000 crore in West Bengal over the next few years at the 3rd Bengal Global Business Summit. "I am committing an investment of Rs... Read More

SEBi, IPO, clarification

Supreme Court asks SEBI, Centre to give status of 1538 Ponzi Scheme cases

New Delhi: Supreme Court today sought to know from the Centre and Securities and Exchange Board of India (SEBI) about the status of 1538 cases of banned Ponzi schemes which have been referred to other agencies for investigations.

A bench of Chief Jus... Read More

Mahindra & Mahindra

M&M acquires 75% stake in Turkish equipment firm Hisarlar for Rs 130 cr

New Delhi: Mahindra and Mahindra (M&M) has acquired 75.1 per cent equity stake in a Turkish farm equipment company for Rs 130 crore, a regulatory filing by the company said here on Friday.

The transaction into Hisarlar Makina Sanayi ve Ticaret Anonim... Read More

NIIT

Demnonetisation hits NIIT, Q3 net slides 56%

New Delhi: Skills and talent development company NIIT Ltd today posted a 56 per cent fall in consolidated net profit for three months ended December 31, 2016 at Rs 6 crore, hit hard by demonetisation. Profit after tax stood at Rs 13... Read More

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