Page 127 - Latest News

State-run banks post 81% rise in Q4 profit; NII up 18.5% to Rs 70,825 cr_63438

Enhance capital adequacy and provisions for bad loans

India's GDP may grow 7.4-8.2% in FY23, says CII president Sanjiv Bajaj_63437

Bajaj said that to counter inflationary pressures, the central and state governments should cut taxes on petrol and diesel further

GlaxoSmithKline Pharma reports consolidated net loss of Rs 55 crore_63436

Revenue from operations rose to Rs 810 crore for the fourth quarter, compared with Rs 744 crore in the year-ago period, the pharmaceutical major said in a regulatory filing

Bharat Forge consolidated net profit surges 9.3% to Rs 232 crore in Q4FY22_63222

The company had posted a consolidated net profit of Rs 212.12 crore in the same period of the preceding fiscal, Bharat Forge

Apollo Global Management bets big on Indian realty with $1-billion plan_63434

About 70 per cent of this year's lending will go to home builders and the rest to commercial developers.

India's surprise wheat export ban traps 1.8 mt at ports, says report_63433

Only exports backed by letters of credit (LCs), or payment guarantees, issued before May 13 can proceed before the ban takes effect, India has said

State-run firms asked to buy back even when shares take a beating_63432

Centre's move aimed at improving PSUs' stock performance

Liquidity mop-up from secondary market resumes amid rising bond yields_63430

According to latest data, the RBI has conducted open market operations in the last week of April and in the first week of May

Ambuja-ACC deal: Cost synergies seem to justify premium deal valuation_63373

But, whether players maintain discipline or turn aggressive on pricing as new capacities come on stream will be crucial

Adani-Holcim deal: Analysts expect Ambuja and ACC to merge in medium-term_63191

Adani-Holcim deal: The merger of Ambuja Cement and ACC will help Adani Group rationalise a lot of fixed cost quotients at both these entities, analysts said

Markets snap six-day losing streak; Sensex ends 180 points higher_63429

This is only the second trading session in May when markets have been able to clock gains

Indian lenders look to refinance Adani's stake acquisition in Ambuja, ACC_63372

While there are curbs on banks for directly funding takeovers and acquisitions, banks will assess any room for funding via overseas branches and subsidiaries when exposure review is done

What UltraTech and JSW Cement plan to do after losing Holcim deal to Adani_63369

Speeding up capacity expansion would be top focus area, said analysts

No capital gains tax on Ambuja, ACC sale to Adani Group: Holcim CEO_63350

India-Mauritius treaty allows tax exemption on such agreement, says Swiss company's CEO.

ACC, Ambuja to ramp up capacity as Adani vies with UltraTech for top slot_63347

Adani group aiming at 100 mn tonnes per annum combined, from present 70 mn tonnes; both firms to invest with own cash and fresh debt; ACC-Ambuja merger on cards

Overcoming the paucity of tools with RBI_63427

The proposed policy regime may seem a bit strange to some readers

Reforming the NITI Aayog_63425

The policy think tank must move beyond research and programme planning to long-term strategy formulation

Around 200,000 people in 20 districts affected by floods in Assam_63415

Around 2 lakh people in 20 districts of Assam have been affected by floods, with the hill district of Dima Hasao getting cut off from the rest of the state after landslides triggered by incessant rain

Mercury dips in north India, heatwave conditions likely to ease: IMD_63408

Large swathes of north India witnessed a marginal drop in maximum temperatures on Monday and the weather department said thunderstorms and rain in parts of the region over the next few days are likely

LIC may list at a discount to issue price if grey market is an indicator_63312

Stock could list anywhere between Rs 900 and Rs 940, says market player, citing weak institutional investor demand during LIC's Rs 20,577-crore maiden share sale