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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
PMC depositors protest outside RBI office seeking payback

Five persons, including HDIL promoters and bank-'s top management, have been arrested.

29 Oct 2019 5:47 PM IST

Amazon Retail India posted a loss of Rs 127.4 crore and revenue of Rs 139 crore in 2019.Business
Amazon pumps in over Rs 4,400 cr in India business

An Amazon India spokesperson declined to comment on the fund infusion.

29 Oct 2019 5:41 PM IST

Top losers in the Sensex pack included Yes Bank, SBI and IndusInd Bank, that cracked up to 5.76 per cent.Business
Sensex vaults 582 points; Tata Motors zooms 16 pc

The 30-share Sensex soared over 666 points before settling 581.64 points, or 1.48 per cent, higher at 39,831.84.

29 Oct 2019 4:54 PM IST

Saudi Arabia was hoping that the company is evaluated at USD 2 trillion so its proposed sale of five per cent.Business
Aramco to make stock market debut on December 11: report

Aramco was expected to launch the first part of a two-stage IPO earlier in October.

29 Oct 2019 3:20 PM IST

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
ICICI Bank rises 2 per cent after Q2 results

The ICICI Bank scrip rose 1.95 per cent to Rs 478.60 -- its 52-week high -- on the BSE.

29 Oct 2019 2:02 PM IST

The deal is a major win for Microsofts cloud business Azure, which has long been playing catch-up to Amazons market leading Amazon Web Services. Microsoft said it was preparing a statement. (Representational Image)Business
Ola in talks with Microsoft for USD 200 million funding

The company more than halved its losses to Rs 2,842.2 crore, while growing its revenue by 61 per cent to Rs 2,222.6...

29 Oct 2019 1:17 PM IST

Tata Motors said its total consolidated revenue during the period under review stood at Rs 65,431.95 crore as against Rs 71,981.08 crore in the year-ago period.Business
Tata Motors zooms 16 per cent after Q2 earnings

On the BSE, the scrip jumped 15.10 per cent to Rs 170.30.

29 Oct 2019 12:24 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
Airtel defers Sept quarter results till Nov 14 citing AGR issue

The company was earlier scheduled to approve and release its Q2 numbers on Tuesday.

29 Oct 2019 11:32 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.Business
RBI imposes Rs 35 lakh fine on Tamilnad Mercantile Bank

The bank has been penalised for -"non-compliance with certain provisions of directions issued by RBI.

28 Oct 2019 3:47 PM IST

The profit was lower than the USD 5.3 billion average of analysts estimates compiled by the bank.Business
HSBC third-quarter pre-tax profit falls 18 per cent, misses forecasts

The profit was lower than the USD 5.3 billion average of analysts’ estimates compiled by the bank.

28 Oct 2019 11:22 AM IST

The new unit will, in turn, invest the funds in Jio, making the telecoms venture almost net debt free by the end of March 2020.Business
Reliance to create USD 15 billion digital unit to pare telecom debt

Reliance Industries will have rights to convert its 1.08 trillion rupee investment in the new digital company into...

27 Oct 2019 1:03 PM IST

Led by the sharp fall in its shares, Vodafone Idea witnessed an erosion of Rs 3,792.58 crore from its market valuation which is now at Rs 12,442.42 crore.Business
Vodafone Idea to seek waiver after court ruling on overdue payments

The Supreme Court however upheld the DoT’s view that all revenue be included in AGR.

27 Oct 2019 12:58 PM IST

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