April 17, 2015 21:36 (IST)
Reliance, also dogged by falling production at its domestic oil and gas business, said it would focus on cutting costs in its shale operations in light of a "challenged" market outlook.
April 17, 2015 17:44 (IST)
Reliance Industries on Friday reported an 8.5 per cent rise in fourth-quarter profit, boosted by stronger margins in its core refining business.
April 17, 2015 17:25 (IST)
RIL had lost its crown as India's most profitable firm to outsourcing giant TCS in the December quarter.
April 17, 2015 17:14 (IST)
Earlier this month, the company had raised Rs 600 crore through a similar manner.
April 17, 2015 16:56 (IST)
Apollo Hospitals Group Founder Chairman Prathap C Reddy and his family members own Indian Hospitals Corporation.
April 17, 2015 16:41 (IST)
The company had reported net profit of Rs 68.71 crore in the same period last year.
April 17, 2015 16:27 (IST)
With the sale of shares, Deepak Fertilisers has reduced its stake to 10.60 per cent, from 29.05 per cent as on December 2014.
Written By: Varun Sinha | April 17, 2015 14:36 (IST)
The one-time bonus announcement for TCS employees has created a buzz across the IT sector. TCSers with one year of completed service will be considered for the reward, leaving nearly 2.5 lakh of the 3.3 lakh-strong workforce eligible for the bonus.
April 17, 2015 13:13 (IST)
Nokia had pledged not to cut French jobs for two years after the closure of the deal, beyond what Alcatel had already planned.
April 17, 2015 12:45 (IST)
Pune-based Bharat Forge is into metal forming, catering to several industries including automotive, power, oil and gas, construction, and mining.
April 17, 2015 08:30 (IST)
Deutsche said it agreed with the company's response that Glaucus had made factual errors in its report and the report had very little new information.
April 16, 2015 23:47 (IST)
Jindal Saw shareholders have approved the proposal for entering into a contract worth up to Rs 10,000 crore with group firm JSW Steel, from which it purchases raw material.
April 16, 2015 23:46 (IST)
Tata Consultancy Services (TCS), India's largest software services exporter, posted a better-than-expected rise in net profit led by strong worldwide client spending and said it expected revenue growth in the year starting in April to top industry estimates.
April 16, 2015 22:06 (IST)
Punjab National Bank on Thursday reduced interest rate on fixed deposit by 0.25 per cent on select maturities, a move seen as precursor to reduction in the lending rate.
April 16, 2015 21:38 (IST)
Shares of the third biggest US bank by assets rose 2.3 percent to $54.45 on Thursday.
April 16, 2015 21:14 (IST)
Tata Consultancy Services Ltd has been sued by an American information technology worker who accused India's largest software services exporter of overwhelming favoritism towards workers of South Asian descent in the United States.
April 16, 2015 21:13 (IST)
The company, promoted by the Mhaiskar family, plans to enter capital markets with a public issue of equity shares worth up to Rs 324 crore.
April 16, 2015 20:49 (IST)
Tata Steel has failed to reach a deal with UK unions about its proposal to change the British pension scheme, it informed the National Stock Exchange on Thursday.
April 16, 2015 20:48 (IST)
Japan's Sharp Corp clinched a $1.7 billion bailout deal from its banks in return for a promise to cut 5,000 jobs and split off its ailing smartphone display unit, a person familiar with the deal said on Thursday.
April 16, 2015 20:39 (IST)
Under-recoveries, or revenue retailers' loss on selling fuel below cost, of Rs 67,091 crore in first nine months of the fiscal were fully accounted for by the subsidy support and dole out from upstream firms like ONGC.