Business
Kotak Mahindra Bank Q4 Profit Up 27% at Rs 1,789 Crore
Total income (consolidated) grew to Rs 10,874.12 crore as against Rs 9,953.57 crore in the year-ago period, the bank said in a regulatory filing.
HDFC Beats Estimates as Q4 Net Rises 29% at Rs 3,961 Crore
Total income during the quarter grew 17.78 percent to Rs 21,248.79 crore as against Rs 18,040.59 crore in the year-ago period, HDFC said in a regulatory filing.
India's Crude Steel Output Grows 2% to 26 MT in Jan-Mar
India has set a production target of 300 MT by the year 2030.
Women in India Earn 16 Per Cent Less Salary Than Men: Report
According to the Korn Ferry Gender Pay Index, pay gap between men and women is real but the disparity becomes much smaller while analysing same job level, same company, same function.
Fitch Retains India Rating at 'BBB-', Stable Outlook
"India's rating balances a strong medium-term growth outlook and favourable external balances with weak fiscal finances and some lagging structural factors, including governance standards and a still-difficult, but improving, business environment," Fitch...
Finance Ministry to Move to Cash Basis Accounting for GST Collection
The March collection of Central GST (C-GST) and State GST (S-GST) would be reflected in April data which would be made public on May 1.
Bank Fraud: ED Attaches Assets Worth Rs 1,122 Crore of Vadodara-based DPIL
Diamond Power Infrastructure Limited (DPIL) is accused of cheating various banks to the tune of Rs 2,654 crore.
NCLT Asks Bhushan Steel Creditors to Consider Liberty House Bid
Allowing the plea of Liberty House, a two-member NCLT bench, headed by President Justice M M Kumar, has directed the committee of creditors (CoC) to complete its resolution proceedings by June 23.
Sensex, Nifty Turn Choppy on Mixed Global Cues
The benchmark BSE Sensex, which had lost 11.71 points in the previous session on Friday, rose 78.11 points, only to turn negative within minutes of session opening.
Sebi May Seek Forensic Probe of ICICI Bank Books, Disclosures
According to top officials, the capital markets regulator will also consult the Reserve Bank of India (RBI) on the matter to avoid any intra-regulatory jurisdiction issues.
India's GDP Expected to Reach USD 5 Trillion by 2025: Economic Affairs Secy Tells World Bank
Transformational reforms such as Goods and Services Tax (GST), and initiatives such as Insolvency and Bankruptcy code, recapitalisation of banks, and unclogging of infrastructure investments will support such elevated growth, he told the World Bank.
P&G to Acquire German Merck's Consumer Health Business for $4.21 Billion
In a regulatory filing, Merck Ltd said Procter & Gamble Overseas India B.V and The Procter & Gamble Company have launched an up to Rs 647.53 crore open offer to acquire up to 4,315,840 equity shares of Merck Ltd, constituting 26 per cent stake from public...
Sensex Rises over 100 points, Nifty Above 10,500
The NSE Nifty was up 42.70 points, or 0.40 per cent, at 10,568.90 in early trade.
Open to Talks But Will Not Get Into a Minority Deal: Uber on M&A in India
Uber COO Barney Harford said the company is "always open to conversations" as India is a core market for the SoftBank-backed entity.
Taiwan to Hold Its First Industry Expo in New Delhi in May
Taiwan External Trade Development Council (TAITRA) President and CEO Walter M.S. Yeh told reporters in New Delhi that India's recent economic reforms and its impressive economic growth had made Taiwanese companies understand the importance of the nation.
Worldsteel Raises Forecast For 2018 Global Steel Demand Growth to 1.8 Percent
In 2018, global steel demand will reach 1.616 billion tonnes, while in 2019, it will hit 1.627 billion, the Worldsteel said.
