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A $2.9 billion wipeout ensues when retailers lose the thread

A $2.9 billion wipeout ensues when retailers lose the thread

Capri trimmed its sales outlook for the year amid foreign currency weakness and lower revenue from wholesale.

31 May 2019 1:10 AM IST

GMR Infrastructure Q4 loss at Rs 2,341 cr

GMR Infrastructure Q4 loss at Rs 2,341 cr

GMR booked an impairment loss of Rs 1,242.72 crore in the value of group-'s investment in GMR Energy Ltd and its...

31 May 2019 1:04 AM IST

IDBI narrows Q4 net loss to Rs 4,918 cr

IDBI narrows Q4 net loss to Rs 4,918 cr

Total income during the fiscal was down at Rs 25,637.43 crore as against Rs 30,294.31 crore.

31 May 2019 12:54 AM IST

Lenders put NBCC bid back to voting

Lenders put NBCC bid back to voting

Voting by banks and home buyers begins today.

31 May 2019 12:50 AM IST

New government should focus on improving startup ecosystem: V Balakrishnan

New government should focus on improving startup ecosystem: V...

They should have softer regulations for start-ups at least in the beginning years (of startup companies), said V...

30 May 2019 5:46 PM IST

Jaypee Infra insolvency: Creditors decide to vote on NBCC bid from Friday

Jaypee Infra insolvency: Creditors decide to vote on NBCC bid from...

As many as 13 banks and over 23,000 home buyers have voting rights in CoC. Buyers have nearly 60 per cent votes.

30 May 2019 3:00 PM IST

SBI to raise Rs 5,000 cr by issuing Basel III-compliant bonds

SBI to raise Rs 5,000 cr by issuing Basel III-compliant bonds

Shares of State Bank of India closed 3.29 per cent down at Rs 348.55 apiece on the BSE on Wednesday.

30 May 2019 10:21 AM IST

$Impairment hit GMR Infra\s Q4 loss at Rs 2,341 cr$ Business

Impairment hit GMR Infra-'s Q4 loss at Rs 2,341 cr

The company had reported Rs 4.81 crore profit after tax during the same quarter in FY18.

30 May 2019 10:08 AM IST

Setback for India in Nissan suit

Setback for India in Nissan suit

The Japanese car maker brought the case against India for alleged violation of a Comprehensive Econo-mic Partnership...

30 May 2019 1:04 AM IST

Cognizant ups freshers salary to Rs 4 lakh a year

Cognizant ups freshers salary to Rs 4 lakh a year

The average entry-level salary in the IT sector hovers around Rs 3.3 lakh-Rs 3.6 lakh, though those with digital skills...

30 May 2019 12:54 AM IST

HDFC disburses Rs 2,300 cr as subsidy under PMAY

HDFC disburses Rs 2,300 cr as subsidy under PMAY

HDFC partnered with Ministry of Housing & Urban Affairs and NHB to work towards government-'s goal of -'Affordable...

29 May 2019 8:16 PM IST

OYO launches Cash in Bank initiative for asset owner-partners

OYO launches Cash in Bank initiative for asset owner-partners

Asset owners will be able to meet their capital requirements for renovations and upgradation work within 48 hours.

29 May 2019 3:06 PM IST