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SBI reports Rs 4,876 crore loss in Q1 on higher provisions

SBI reports Rs 4,876 crore loss in Q1 on higher provisions

New Delhi: State Bank of India, the country’s biggest lender reported Rs 4,876 crore loss for the April-June quarter despite…
Saudi Arabia stops all medical treatment programs in Canada

Saudi Arabia stops all medical treatment programs in Canada

Saudi Arabia has stopped all medical treatment programs in Canada and is coordinating for the transfer of all Saudi patients…
Market Live: D-Street rangebound, Nifty around 11,400; PNB posts Q1 loss of Rs 940 crore

Market Live: D-Street rangebound, Nifty around 11,400; PNB posts Q1 loss of Rs 940 crore

Bombay Dyeing Q1: The company’s Q1 net loss was at Rs 93.7 crore against Rs 32.7 crore, YoY. Revenue was…
Amazon’s move to offer UPI-based service hits data localisation hurdle

Amazon’s move to offer UPI-based service hits data localisation hurdle

Bengaluru: Ecommerce major Amazon’s plan to launch its own UPI payment service in the country is stuck due to concerns…
Rs 25,000-crore asset sale: Supreme Court paves way for RCom-RJio deal

Rs 25,000-crore asset sale: Supreme Court paves way for RCom-RJio deal

Anil Ambani’s Reliance Communications on Friday got a huge relief from the Supreme Court, which cleared its asset sale to…
Jet Airways can only sustain 2 months with present revenue, pilots urged to take heavy pay cuts

Jet Airways can only sustain 2 months with present revenue, pilots urged to take heavy pay cuts

The future of the leading private airline Jet Airways seems a bit shaky as the company has been facing severe…
Zombie’ power plants: A financial time-bomb that may torpedo Indian banks

Zombie’ power plants: A financial time-bomb that may torpedo Indian banks

Government seems intent on abandoning good ideas for dealing with the country’s banking crisis and encouraging bad ones. Perhaps that…
Sensex, Nifty Retreat From Record Highs: 10 Points

Sensex, Nifty Retreat From Record Highs: 10 Points

After hitting record highs in early trade on Wednesday, the domestic stock markets turned negative ahead of the Reserve Bank…
Curbs on tracking minors’ data may hurt tech giants

Curbs on tracking minors’ data may hurt tech giants

MUMBAI: Technology behemoths such as Google, YouTube, Facebook, Instagram and Snapchat, which have a large following among teenagers in India,…
ITC becomes India’s 4th most valued firm in m-cap

ITC becomes India’s 4th most valued firm in m-cap

New Delhi: ITC on Friday went past Hindustan Unilever to become the country’s fourth most valued firm in terms of…
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