Early trends in corporate earnings hold out hope
The Enforcement Directorate has arrested Yes Bank co-promoter Rana Kapoor in a fresh money laundering case linked to an alleged Rs 4,300 crore fraud at the PMC Bank
At least 10 premises of a Mumbai-based realty group were raided
The action is being carried out under the Prevention of Money Laundering Act (PMLA) and the raids are aimed to gather more evidence, they said
Multinational companies operating in India and big domestic firms are grappling with an emerging challenge: How to deal with employees who refuse to take the Covid vaccine. Read top stories here
Larsen and Toubro is expected to report a strong sequential rebound in performance in Q3FY21 on the back of a healthy order inflow across verticals
A back-of-the-envelope calculation says interest reversal will be to the tune of Rs 700-800 crore in that particular quarter, says Kumar
Yes Bank has reached the "peak" of asset quality stress after reporting heightened challenges in Dec quarter earnings, even though there can be a jump in the GNPA ratio in March quarter
NIMs at 3.4%; will decline post SC verdict in NPA case; Board clears equity raise up to Rs 4,000 cr
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The Bank's net interest income grew 30 per cent quarter-on-quarter to Rs 2,560 cr for the period under review
Shares of Reliance Industries ended 2.4 per cent lower on Friday ahead of the announcement of its December quarter results. The shares have surged around 6 per cent during the week
SBI Cards and Payment Services reported nearly 52 per cent dip in its net profit to Rs 210 crore in the third quarter ended December 2020
The promoter of Adani Green Energy, Adani Trading Services LLP, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm
The board will consider a proposal for further fundraising through various means
A Mumbai metropolitan court refused to grant bail to DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan in connection with the Yes Bank fraud case
It had disbursed Rs 3,764 crore in the second quarter (Q2) ended September
Yes Bank was rescued by the Reserve Bank of India in March
Book review of Yes Man: The Untold Story of Rana Kapoor
The bad loans can grow as much as by 15 per cent from the current level because of the pandemic, but there seems to be no skeleton left in its cupboard