Financial Technologies’ (FTIL’s) consolidated operating income slumped to a fourth in the financial year 2014-15 since its spot commodities trading subsidiary National Spot Exchange Ltd (NSEL) shut down its operations.
Bengaluru-based hotel chain, Royal Orchid Hotels Ltd is planning to expand its network to around 50 hotels in two years.
Spicejet has repaid Rs 100 crore of its total outstanding to City Union Bank, which is one of the lenders to the embattled airline, in the fourth quarter of FY15, a top bank officialsaid Saturday.
Urban delivery solutions firm, Logisure.in launched its intelligent urban freight management system in Hyderabad on Friday.
Drug firm Divis Laboratories today reported a 17.83% rise in consolidated net profit at Rs 231.47 crore for the quarter ended March 2015, mainly due to robust sales.
A Chinese information technology and communications company under the Tsinghua University has purchased 51% stake in Hewlett Packard's (HP) China-based joint venture for $2.5 billion.
Bundl Technologies Private Limited, a Bengaluru-based startup that runs the food-ordering platform Swiggy, is in talks with a couple of investment firms to raise anywhere between $15 million and $20 million (Rs 95 crore-Rs126 crore), according to its
City Union Bank has reported a 19% uptick in net profit for the quarter ended March 31, 2015 at Rs 99.08 crore.
US Justice Department investigators have identified criminal wrongdoing in General Motors Co's failure to disclose a defective ignition switch, and they are negotiating what is expected to be a record penalty, the New York Times reported on Friday.
Vinod Kumar gave up golf, which is almost every CEO's favourite sport, a few years ago and took up polo instead. This should be a normal personal preference, but Kumar proceeds to give us four reasons for the change.
A high-level official delegation of the Uttarakhand government visited Startup Village here to study the functioning of the incubator and to examine the possibility of replicating it in the north Indian state.
Bandhan Financial Services, which has received in-principle approval to start banking operation, plans to set up 20 branches in the state in 2015-16, said a Reserve Bank of India (RBI) official.
The state government has finally collected Rs 872 crore by way of electricity duty (ED) arrears from National Aluminium Company (Nalco).
Bengaluru-based drug maker Strides Arcolab today reported a standalone net profit of Rs 69.66 crore for the quarter-ended March 31, 2015. The company had posted a net loss of Rs 48.26 crore for the corresponding period of the previous fiscal, the company
The world’s leading steel maker, ArcelorMittal, on Friday signed an agreement with Steel Authority of India Ltd (SAIL) to set up an automotive steel manufacturing facility in India, under a joint venture (JV).
Ahmedabad-headquartered Troikaa Pharmaceuticals, which was struggling to get clearances, has begun construction at site in Sanand where it has about 75 acres of land in posession.
Stung by a punitive tax on cigarettes, net profit of cigarettes-to-hotel major ITC rose by 3.6 per cent at Rs 2,361 crore in the March quarter, against Rs 2,278 crore in the year-ago period, missing Street expectations by a wide margin.
Encouraged by the strong results for the March quarter and the annual financial results for 2014-15, Britannia Industries has an aggressive plan to expand its product offerings and sales network.
Domestic air traffic grew 23 per cent in April year-on-year and IndiGo enhanced its leadership position, with 37.8 per cent market share in the month.
Titan Company Ltd today opened a specialty retail store spread over 6,600 sq ft at Vizag, wherein it will retail all three consumer products such as watches, jewellery, eyewear and accessories under a single roof.