TCS net profit in Q1 falls 13.8% to Rs 7,008 Crore
The IT services major’s Q1 performance largely disappointed the street as the pandemic affected its revenues, profit, and operating margins harder than previously expected. Almost all the geographies and business…
PNB on Thursday declared its ₹3,688.58 crore exposure to mortgage financier DHFL as fraud.
India’s second-largest public sector lender Punjab National Bank (PNB) on Thursday declared its ₹3,688.58 crore exposure to mortgage financier Dewan Housing Finance Ltd (DHFL) as fraud. “A fraud of ₹3,688.58…
Flipkart invests Rs 260 cr in Arvind Fashions’ with minority stake
Arvind Fashions (AFL) on Thursday said Flipkart Group has invested Rs 260 crore to pick a minority stake in its subsidiary Arvind Youth Brands. Arvind Youth Brands is Arvind Fashions'…
YES Bank shares jump 5% as Rs 15,000 crore FPO to open on July 15
Shares of YES Bank rose as much as 5.36 per cent to Rs 27.50 on the BSE on Thursday after the bank said it has filed a red herring prospectus…
IndiGo loss likely at Rs 2,670 Crore for Q1 & SpiceJet’s at Rs 1K Crore
Budget carrier IndiGo is expected to report a loss of Rs 2,670 crore for the June 2020 quarter, while its rival SpiceJet's losses during the quarter are likely to be…
