State Bank of India, the country's largest bank, reported strong operational numbers for the March quarter. The bank's operational and asset quality numbers were better than expected during the quarter.
The M&A raiders have finally arrived at the doorsteps of broking industry. Reports say that Warburg Pincus and General Atlantic are jointly taking over leading retail broking firm Sharekhan.
Among other things, India Inc’s biggies can learn the art of pampering employees from startups. The red carpet treatment ranges from picking up your laundry to buying your groceries as Talview.
Foreign brokerages which had earlier set aggressive year-end targets for Indian equities seem to be tempering their expectation.
Strides Arcolab gained almost 8.5 per cent to close at Rs 1,188 on Thursday, after the Bengaluru-based company announced it was acquiring the Australian generic business and some branded pharmaceutical assets from Aspen Pharmacare.
HSBC Global Research has recently published a very interesting research note, titled "The world economy's titanic problem".
The drop in sale of two-wheelers and tractors might raise doubts about demand scenario in rural areas. But other macro numbers suggest that rural demand remains resilient, despite rising distress following unseasonal rains in March and April this year.
The 31-year-old Titan Company overtook the 108-year-old Tata Steel in market valuation on Thursday. This gives the watch and jewellery maker an entry into the coveted top-three positions at the $104-billion turnover Tata group.
A weak outlook for steel prices amid dull demand is expected to put pressure on Tata Steel at a time it is saddled with a consolidated net debt of Rs 69,000 crore, as on March 31.“Deleveraging is certainly going to remain slow for the company.
Housing.com CEO Rahul Yadav, all of 26, has got adulation and ridicule in equal measure for his recent public comments. While many have found his outbursts immature, Mr Yadav has got his vocal band of admirers as well.
It is wise for the Centre to start the ball rolling on the disinvestment process early in the financial year.
Nitin Gadkari came into the government as a “doer&", his credentials burnished by signature projects in Maharashtra like the Mumbai-Pune expressway, the Bandra-Worli sea-link and other urban road projects.
At a recent press conference hosted by online fashion retailer Myntra in Bengaluru, the word 'profit' came up far more often than at any other e-commerce-related event in the city in the past.
Telematics devices that can be installed in cars has seen a drop in prices. This means insurance customers who opt to get such a device installed would get it for as little as Rs 1,800-2,000, compared with the Rs 4,000-5,000 earlier.