RBI cuts the repo rate by 25 bps, keeps the CRR unchanged at 4%
On Tuesday, Raghuram Rajan, the Governor of Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 7.25% from 7.5%...
Category : Latest News
Sun Pharma, AstraZeneca entered into a distribution deal for heart drug
AstraZeneca Pharma India and Sun Pharmaceutical Industries have entered into a distribution services agreement for AstraZeneca’s brand Axcer, a new brand of ticagrelor in India....
HDFC MF has retained its position of the most profitable fund house in 2014-15
In 2014-15, the HDFC Mutual Fund has retained its position as the most profitable fund house with a profit after tax (PAT) of Rs 416...
GMR Infra reports Rs 892 crore net loss in Q4
GMR Infrastructure has posted a consolidated net loss of Rs 892 crore for the March 31, 2015 quarter. In a filing to a stock exchange, GMR’s...
Uber has appointed a new country head in India
Uber said that it has appointed Amit Jain as the President, Uber India in a newly created position. The company also said that Amit Jain...
Toyota Kirloskar has reported 2% decline in total sales in May
In May 2015, the Toyota Kirloskar Motor has reported marginal 2 percent decline in total sales at 12,965 units, whereas in last year during the...
Mahindra and Mahindra fourth quarter profit down 38.61 percent
On Friday, Mahindra and Mahindra has reported 38.61 percent decline in the standalone net profit at Rs 550.56 crore for the fourth quarter ended March...
SpiceJet comes out of red, has posted 22.51 crore net profit in fourth quarter
On Thursday, SpiceJet has announced that it has come out of red in the January-March period to return to profitability. The airline was acquired back...
NTPC net profit down 5% to Rs 2,944.03 crore
On Friday, NTPC has reported a 5% drop in its net profit of March quarter. The National Thermal Power Corporation Limited in a filing to...
TCS has partnered The Royal College of Art for design lab
India’s largest IT services firm, Tata Consultancy Services (TCS) said that it has partnered The Royal College of Art (RCA) for the purpose of setting...