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The total value of the freezed assets is Rs 56.21 crore.

Bank fraud: ED attaches over Rs 56-cr assets of Ahmedabad company

The agency issued a provisional order for attachment of 37 immovable properties of Sai Infosystems I (SIS) Ltd and...

9 Nov 2019 12:52 PM IST

Gross NPA ratio were at 10.25 per cent and net NPA was 3.91 per cent.

Bank of Baroda net profit jumps to Rs 737 cr on higher NII

The bank had reported a profit after tax of Rs 149 crore in the same period last year on a standalone basis.

9 Nov 2019 12:36 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.

Over 60,000 BSNL, MTNL employees have opted for VRS so far: Telecom...

The numbers of VRS optees have been steadily rising since the plan was announced earlier this week.

9 Nov 2019 12:24 PM IST

Mahindras farm equipment business also revenue declined 9.8 per cent at Rs 3,631.5 crore compared with Rs 4,028 crore last year, and the EBIT was down 13.7 per cent at Rs 702 crore as against Rs 803 crore year-on-year.

M&M Q2 net slips 27 per cent, revenue down 14.5 per cent

The Mumbai-headquartered companyâ€™s September quarter net profit stood at Rs 1,355 crore against Rs 1,778.8 crore in a...

9 Nov 2019 1:52 AM IST

Maruti Suzuki Toyotsu India, which will be headquartered in New Delhi, will set up the vehicle dismantling and recycling unit in Noida, Uttar Pradesh, in FY2021.

Suzuki, others having rethink on India auto outlook

The Japanese automaker issued the warning after it reported a slump in quarterly profit this week on tumbling sales at...

9 Nov 2019 1:39 AM IST

During the quarter, the company sold a total of 1,10,824 vehicles as against 1,41,163 units in the corresponding period last fiscal, down 21 per cent.

M&M Q2 profit down 78 per cent at Rs 368 crore

The company had posted a PAT of Rs 1,708.92 crore for the same quarter last fiscal.

8 Nov 2019 3:23 PM IST

You have to ask him or you can ask God, Ajay Tyagi told reporters on Friday when asked about his view on Nandan Nilekanis comments. (Photo: File)

Ask almighty or Nilekani: Sebi chief on even God can-'t change numbers...

Investors should draw their own conclusions. Whatever we have to do, we are doing, said Sebi chief Ajay Tyagi.

8 Nov 2019 2:43 PM IST

Indias auto sector has gone into a tailspin this year as tight liquidity at shadow banks, high taxes and a weak rural economy have sapped consumers buying power.

Suzuki rethinks promise of India-'s auto market, and it is not alone

We no longer think that growth in India will be an uninterrupted move upwards, Suzuki President Toshihiro Suzuki...

8 Nov 2019 1:57 PM IST

ePaisa is empowering more retailers and kirana stores across the country to accept digital payments and further contributing their business growth.

ePaisa introduces QR code feature for instant cashless payments

The QR Code payment option allows a seamless, smart payment solution to small and large retail businesses.

8 Nov 2019 1:50 PM IST

Revenue from operations stood at Rs 4,007.63 crore as against Rs 3,946.77 crore in the same period a year ago, a growth of 1.57 per cent.

MRF Q2 net down 18 per cent at Rs 229 crore

The company had posted a profit of Rs 278.29 crore for the year-ago period, MRF said in a regulatory filing.

8 Nov 2019 1:35 PM IST

SBI sold 4.5 per cent stake in SBI Life Insurance in September as part of its effort to increase public float as per the regulation.

SBI steeply slashes deposit rates; lowers lending rates marginally

This is the seventh consecutive cut in lending rates by the bank this fiscal.

8 Nov 2019 11:45 AM IST

A product of Indias open sky policy introduced in the early 1990s, Jet Airways, Indias largest private airline at one time, is the most recent among 10 privately-promoted airlines that have collapsed in less than 30 years. Other carriers that have suspended operations include the East-West Airlines, Damania Airways, Sahara Airlines, ModiLuft, Air Deccan and Kingfisher.

Taking steps to protect interests of employees: Air India chief on...

The government is planning to invite bids for the national carrier next month.

8 Nov 2019 11:42 AM IST