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Slowdown since 2Q of FY2018, owing to production decrease in Japan, in addition to slowdown in Indian automobile (is) continuing from previous year, the company said.Business
Suzuki Motor Corp Q2 operating profit down 32 pc as India, Japan sales...

Net sales in the period under review stood at 847.9 billion yen as against 941.9 billion yen in the year-ago period.

5 Nov 2019 2:34 PM IST

Gross non-performing assets accounted for 16.76 per cent of the gross advances at the end of September.Business
PNB posts profit of Rs 507 crore in Q2

The state-owned lender had posted a loss of Rs 4,532.35 crore during the same quarter a year ago.

5 Nov 2019 2:20 PM IST

The Yes Bank board is likely to consider the offer along with other proposals as well as results today.Business
Yes Bank shares zoom 9 pc after Rakesh Jhunjhunwala buys stake

The scrip, after a positive opening, further jumped 8.77 per cent to Rs 71.90 on the BSE.

5 Nov 2019 12:13 PM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81.Business
Rupee gains 4 paise against US dollar in early trade

Rupee is trading at 70.73 against dollar, following increased selling of the American currency by exporters and banks.

5 Nov 2019 10:05 AM IST

Ubers costs jumped about 33 per cent to USD 4.92 billion in the latest quarter.Business
Uber-'s quarterly loss widens as costs rise; shares fall

Overall, the company’s net loss widened to USD 1.16 bn in the quarter ended Sept 30, from USD 986 mn a year earlier.

5 Nov 2019 8:15 AM IST

Burger King India Ltd plans to have 325 stores by December 31, 2020, up from 202 as of June. McDonalds had 470 at last count, according to data by consulting firm Technopak Advisors. (Photo: AP)Business
Burger King India looks to raise Rs 400 crore from IPO

In the year ended March 2019, Burger King India’s revenue from operations had risen 67 per cent to Rs 633 crore ($89.4...

5 Nov 2019 1:49 AM IST

Raj Kumar served the LIC as executive director (international operations), CEO, LIC Mutual Fund Asset Management, zonal manager (I/C), Central Zone, Bhopal, ED (HRD-OD), ED (estate and office services).Business
LIC launches special revival campaign

We had sought and got a special approval for extending this benefit to policies issued from January 1, 2014 also: LIC.

5 Nov 2019 1:46 AM IST

Tata Power will set up a new unit, TP Renewable Microgrid Ltd, to build the microgrids through 2026 that will serve nearly 5 million homes in the countryside and impact 25 million people, the two organisations said in a joint statement on Monday.Business
Tata, Rockefeller Foundation plan 10,000 microgrids

The venture will become the world-'s largest microgrid developer and operator, they said.

5 Nov 2019 1:12 AM 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
Airtel prepaid users to get Rs 4 lakh life cover under Rs 599 plan

The company has launched the service in select states, including Delhi, and will be gradually roll out in rest of the...

4 Nov 2019 4:56 PM IST

Total income on a consolidated basis rose to Rs 32,850.89 crore in the said quarter from Rs 22,950.66 crore a year ago. (Photo: PTI)Business
HDFC Q2 net profit up 76 per cent at Rs 1,749 crore

Total income (standalone) increased to Rs 13,494.12 crore from Rs 11,256.96 crore a year ago.

4 Nov 2019 3:32 PM IST

The bank has deposits of over Rs 11,000 crore and the RBI has said that 77 per cent of the depositors can withdraw their money with the Rs 40,000 limit.Business
What steps taken to help PMC Bank depositors, HC asks RBI

The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.

4 Nov 2019 2:42 PM IST

Infosys founders, once a byword for financial probity, must clean house. Or go the way of outsourcing firm Satyam Computers, and its Rs 7,000 crore accounting scam of 2009.Business
India-'s Infosys says no prima facie evidence on whistleblower...

The letter was in reply to the NSE’s request to the company to explain why it had not disclosed the receipt of the...

4 Nov 2019 1:25 PM IST

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