[ad_1] The private sector lender, Kotak Mahindra Bank, posted a 12.3% increase in its net profit estimates in the first quarter, due to a 130.5% increase in provisions. The net interest income …
Read More »Nifty slips on a negative ground
[ad_1] The market collapses, the Nifty slipping back into negative territory, early in the afternoon. At 12:18 pm IST, the barometer index, the Senbad SSE S & P index, was up 39.44 …
Read More »Reliance Industries Negotiations to Borrow $ 2.5 Billion from the Foreign Market to Refinance Debt
[ad_1] MUMBAI: Mukesh Ambani's Reliance Industries is in talks with banks to raise up to $ 2.5 billion in foreign market lending, thus accelerating investment in telecommunications and retailing, have indicated four …
Read More »Indian rupee: The rupee slips to 68.70 against dollar at the start
[ad_1] The rupee flew into an air pocket from the start Thursday – down 8 paise – to 68.70 against the dollar. The US currency was back in favor of banks and …
Read More »Gold: gold inches are higher as the US dollar eases
[ad_1] BENGALURU: Gold prices rose slightly on Thursday, after hitting a year – low at the previous session, while the US dollar eased off. a three-week high. FUNDAMENTALS Spot gold was up …
Read More »Bharti Airtel Calls Warburg Pincus To Raise Up To $ 1.5 Billion
[ad_1] NEW DELHI: Bharti Airtel is in talks with Warburg Pincus to increase up to $ 1.5 billion by yielding up to 15% in its holding company for African operations, Bharti Airtel …
Read More »TPG Growth, Others Bet 100 Million Dollars on BookMyShow
[ad_1] TPG, TPG's global alternative and private equity platform, made a $ 100 million (Rs 686 million) investment in Bigtree Entertainment, owner and operator of BookMyShow. With badets under management of approximately …
Read More »Stress power assets: HC refuses to stay RBI's February flyer, to hear plea on Aug. 2
[ad_1] HC stated that until he hears the case, no enforcement action can be taken against the energy producers who have petitioned the court against the circular. (Representation photo: Reuters) The Allahabad …
Read More »One Plus to make India the second HQ; set up a R & D unit by September
[ad_1] The company will also open its R & D facilities expected in India by the end of this quarter (September) in Bengaluru or Hyderabad. One Plus has a large R & …
Read More »Elon Musk and Thai cave rescue: a tale of good intentions and bad tweets
[ad_1] Tech billionaire – and noted Twitter hothead – Elon Musk again wrote another surprising tweet Wednesday: an apology. Musk had been attacked earlier this week after he casually referred to one …
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