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ICICI Bank witnessed an improvement in asset quality as gross non performing assets (NPAs) fell to 6.37 per cent of the gross advances by the end of September 2019, from 8.54 per cent a year ago.

Business

Top performer of 2019 ICICI Bank to rise more

Hereâ€™s a roundup of brokerage views on why they think ICICI shares are a buy.

5 Dec 2019 6:38 AM IST

On the NSE, the stock registered a gain of 0.46 per cent at Rs 525.30.

Business

Auto stocks mostly higher on price hike announcements

Tata Motors-' stock gained 7.11 per cent to Rs 169.40 on the BSE. In early trade, it was up 7.74 per cent at Rs 170.40.

4 Dec 2019 8:10 PM IST

SBI shares closed at Rs 341.90 on BSE, up 1.70 per cent from the previous close.

Business

SBI okays to dilute 8.25 pc stake in UTI AMC initial public offer

The bank said it offers to sale up to 1,04,59,949 equity shares subject to approval from the Sebi.

4 Dec 2019 7:01 PM IST

The total number of GSTR 3B returns (summary of self-assessed return) filed for the month of September (up to October 30) was 73.83 lakh.

Business

GST Council to review revenue position, compensation cess on Dec 18

The meeting of all-powerful GST Council is going to be held against the backdrop of lower-than-expected GST collection.

4 Dec 2019 6:52 PM IST

$Airtel said it is approaching the Department of Telecom (DoT) to seek clarity on the total amounts involved and \request for their support to deal with this adverse outcome.\$ Business

Bharti Airtel board approves raising up to USD 4 billion

The company has received an approval to raise USD 1 billion through foreign debt instrument.

4 Dec 2019 6:03 PM IST

Initially, engines of 16 A320 neo planes of IndiGo were to be modified by November 12, while 13 such aircraft of GoAir by November 13.

Business

IndiGo airline introduces new flight to Bengaluru

IndiGo has already been operating four flights on this route on a daily basis.

4 Dec 2019 5:08 PM IST

Price range for the offer has been fixed at Rs 36-37 per share.

Business

Ujjivan Small Finance Bank IPO huge hit among investors; subscribed...

The IPO was subscribed 4.86 times on the second day of subscription on Tuesday.

4 Dec 2019 4:41 PM IST

The convenience of OTP-less single click payments will result in increased conversions in a more secure and convenient way.

Business

Paytm Payments Bank sets up over 750 FASTag sale camps across country

The bank is further boosting the sale of FASTags by deploying 3500 business correspondents in all the major cities and...

4 Dec 2019 4:20 PM IST

MTNL which was set up 14 years before BSNL in 1986 to cater to two metropolises, New Delhi and Mumbai, that ostensibly required better services than rest of India has lost its relevance in view of mobile telephony and the internet revolution.

Business

MTNL, BSNL strategic assets; 92,000 employees opt for VRS: Minister

The merger would resultantly help the two companies to -"provide better quality services to customers on a pan-India...

4 Dec 2019 1:17 PM IST

The company is investing Rs 154 crore for now. The new facility, aimed at both the local and global markets, would directly employ 800 skilled operators and engineers.

Business

GKN Aerospace to open new facility in Pune

The company is investing Rs 154 crore for now.

4 Dec 2019 1:46 AM IST

Business

Thomas Cook gets brand right for India, Sri Lanka

TCIL has signed an agreement with AlixPartners, Thomas Cook UKâ€™s appointed Special Managers in this regard.

4 Dec 2019 1:40 AM IST

At a meeting in early November, the Department for Promotion of Industry and Internal Trade (DPIIT) asked the aviation ministry if it would be feasible to change the so-called substantial ownership and effective control clause, the person said, asking not to be identified as the details arent public yet.

Business

Foreign control of airlines mulled to push Air India sale

Doing away with the â€œsubstantial ownershipâ€ clause will enable an overseas stakeholder weigh in on major decisions...

4 Dec 2019 1:23 AM IST