Govt Approves Rs 5,500 Cr Capital Infusion into Punjab & Sind Bank
State-owned Punjab & Sind Bank (PSB) on Tuesday said that the government has approved for the infusion of Rs 5,500 crore capital into the bank...
Author : Amrita Chakravorty
MacRitchie Investments, Amalfiaco Offloaded 8.77% Sake in CG Consumer
Global private equity firm Advent International Corp’s Amalfiaco and Temasek Holdings’ MacRitchie Investments Pte Ltd. had sold 8.77 per cent stake in CG Consumer for Rs 1631 crore in an open market.According...
Audi India to Hike Price Across Models from Jan, 2021
German luxury automobile manufacturer Audi on Tuesday announced that there will be a 2 per cent increase in the price of its entire model, of its entire...
Indian PC Market Grows Up To 3.4 Million Units In Q3 2020
As the demand for E-learning and remote working remained strong, the Indian traditional PC market (inclusive of desktops, notebooks, and workstations) delivered a strong quarter with 9.2...
GAIL Net Profit Rises 16.5% to Rs 1,240 Cr in September
On Tuesday, GAIL (India) Limited reported a rise of 16.5 per cent in the standalone net profit of Rs 1,240 crore for the quarter ended on 30...
Hindalco Industries Q2 Net Profit Fall 60% to Rs 387 Crore
On Tuesday, Hindalco Industries posted a 60 per cent fall in its consolidated net profit of Rs 387 crore for the quarter ended on 30...
SoftBank Comeback on Track with $6 Bn Net Profit
The world’s largest technology investor, SoftBank Group Corp. is all set to go on offensive after a year again. It has logged more than $6 billion profit...
Bandhan Bank To Be The Nation’s Most Profitable Lender
The Bank has reported a Gross Non-Performing Assets (Gross NPAs) of Rs 873.97 Crore and Net Non-Performing Assets (Net NPAs) of Rs 262.55 Crore. For...
CityMall Raises $3 Mn Funding Led by Elevation Capital
Social e-commerce startup, CityMall reported that it has raised a funding of $3 million led by Elevation Capital along with the participation from venture capital...
Indiamart Reported Massive Jump In Q2 Net Profit
E-commerce firm Indiamart Intermesh on Tuesday posted a nearly eight-fold jump in its consolidated net profit at Rs 70 crore for the second quarter.The company had reported...