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axis bank: Axis Bank Q3 net profit jumps over 3-folds to...

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NEW DELHI: Axis Bank on Monday reported an over three-fold jump in its net profit to Rs 3,614 crore in the quarter ended December...

PSU bad bank, reforms for asset rejig companies hang fire

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MUMBAI: Banks have come out of the bad loan mess through provisions made from profits and new capital. However, the deadweight of these old...

Swiggy raises $700 million in funding round led by Invesco

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BENGALURU: SoftBank-backed food delivery firm Swiggy said on Monday it raised $700 million in a funding round led by US investment firm Invesco, as...

Monday mayhem: Sensex plummets over 1,500 points; Nifty below 17,150

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NEW DELHI: Equity indices crashed for the fifth straight session on Monday with the benchmark BSE sensex falling over 1,500 points amid heavy sell...

Air India closing balance sheet to be given to Tatas today,...

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NEW DELHI: With Air India (AI) all set to return to founder Tata Group either this or next week, the airline’s finance department staffers...

ICICI director, who quit last week, fined for insider trade

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MUMBAI: ICICI Bank has informed the stock exchanges that independent director Rama Bijapurkar, who said on Friday that she was stepping down due to...

Ola Electric raises $200 million in funding at a valuation of...

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NEW DELHI: Ola Electric on Monday said it has raised over $200 million (about Rs 1,490.5 crore) from Tekne Private Ventures, Alpine Opportunity Fund,...

Reliance Industries shares climb 1%; later give up early gains

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NEW DELHI: Shares of Reliance Industries Ltd gained 1 per cent in early trade on Monday after the company reported its best-ever quarterly performance...

Need MGNREGA-like scheme for urban poor: HUL chief

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MUMBAI: Hindustan Unilever (HUL’s) chairman & MD Sanjiv Mehta pulled a rabbit out of the hat last week, when the company delivered a strong...

Indians placed record bets on US stocks in 2021

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CHENNAI: Year 2021 could well be when Indian retail investors truly came of age as they ventured into Wall Street in record numbers, besides...
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