Business
HDFC Bank, RIL, Yes Bank, IndiGo and Kotak Among Key Stocks in Focus Today
HDFC Bank Ltd shares fell nearly 4% after the lender’s June quarter earnings showed slight strains on asset quality, even as profit came in line with analyst expectations.
Centre Wants Antitrust Body to Review 'Big Four' Auditors, See If They’re Hurting Competition: Report
The Competition Commission of India needs to conduct a survey or an investigation to assess whether the Big Four — PwC, EY, Deloitte and KPMG — are abusing their dominant position in the Indian audit market.
Sensex Plunges over 400 Points, HDFC Among Top Losers Cracks 3 Percent
Other losers include Bajaj Finance, HDFC, IndusInd Bank, Kotak Bank, ONGC, HUL, ITC, NTPC, Bharti Airtel and ICICI Bank, falling up to 2.85 per cent.
Initial Bids for Insolvent Jet Airways to End on August 3
Under the insolvency proceedings, Expression of Interest (EoI) for the airline can be submitted till August 3 and the list of prospective applicants would be issued on August 6.
RBL Bank Shares Crack 14% as Bank Signals at Spike in NPAs in Near Term
RBL Bank’s profit grew 41% year-on-year to Rs 267 crore in the June quarter, driven by a near-35% loan growth
ACC Jumps 5% as Brokerages Give Thumbs Up to June Quarter Results
ACC shares were trading at Rs 1,592.65, up 1.6%, on BSE at 11:28 am after hitting an intra-day high of 1647.55.
Rallis India, Hatsun Agro Shares Rally 10% on Strong Q1 Earnings
Rallis India shares jumped as much as 9.7% to Rs 166 apiece in intraday trade on Friday, while Hatsun Agro surged over 10% to touch the level of Rs 775.
InterGlobe Aviation Shares Slump Nearly 1% Ahead of Board Meet on Promoters' Dispute
The company's scrip has been on back foot ever since differences between the promoters got public last Tuesday. It has fallen by nearly 7 per cent since July 9.
Amit Shah to Now Head Ministerial Panel on Air India Sale, Nitin Gadkari Dropped: Report
The panel, which is to work out modalities for sale of Air India, will now have four ministers - Shah, Finance Minister Nirmala Sitharaman, Commerce and Railway Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri.
Ebix Inc Buys Yatra for Rs 2,324 crore: Key Takeaways
US-based Ebix Inc has acquired Gurugram-based online travel portal Yatra Online Inc.
Over 1.46 Crore IT Returns Filed So Far; 90.8 Lakh Taxpayers File ITR-1
ITR-1 can be filed by resident individuals having a total income of up to Rs 50 lakh, from salaries, one house property, other sources (interest), and agricultural income up to Rs 5,000; excluding those who are directors or have invested in unlisted compa...
Despite Grounding of Boeing Plane, United Airlines Second Quarter Profit Soars
United said Tuesday that its second-quarter profit soared 54 , to $1.05 billion. The results beat expectations, and United slightly raised its forecast of full-year profit.
One-Time Amnesty Scheme in Making for Old Income Tax Cases Worth at Least Rs 8 Lakh Crore
Such a waiver would enable taxpayers to focus time and energies on their businesses by trimming down the volume of tax litigation significantly, also making it easier for companies to do business in India.
Housing Lender DHFL Defaults on Interest Payment Worth Rs 28 Crore, Warns It May Not Survive
The company said it was 'undergoing substantial financial stress' and its ability to raise funds was 'substantially impaired and the business has been brought to a standstill with there being minimal/virtually no disbursements'.
RBI to Come Out With Mobile App for Currency Notes Identification
The RBI said that identification of banknote denomination is key to successful completion of cash-based transactions by visually impaired persons.
HFCL Net Profit Jumps Over Two-fold to Rs 117 Crore in June Quarter, Revenue Stands at Rs 1,343 Cr
Himachal Futuristic Communications Limited's consolidated revenue stood from operations increased 23 per cent to Rs 1,343 crore during the quarter, from Rs 1,215 crore in the corresponding quarter of the previous financial year.
