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Home  Business

Business

City Union Bank net profit declines 12% to Rs 170 crore

City Union Bank net profit declines 12% to Rs 170 crore

  • Arvind Fashions reports Q3 net loss of Rs 65.62 crore

    Commenting on the results AFL MD and CEO J Suresh said with better than expected sales recovery through improved footfalls during the festival period which has resulted in significantly improved profitability
  • Inox Leisure reports loss of Rs 102.5 crore

    The company had posted a profit of Rs 35.01 crore in the October-December period a year ago, Inox Leisure said in a BSE filing.
  • RBI’s MPC starts deliberations on monetary policy

    The six-member MPC headed by RBI Governor Shaktikanta Das has started its deliberations.
  • ‘India does not agree with USTR’s report on ecommerce tax’

    Some countries are protesting because they have huge domination in that kind of activity whether it is Facebook, Google or Amazon, he added.
  • Zetwerk raises Rs 880 crore in funding

    This latest capital infusion comes shortly after the company's $21 million Series C round in July 2020, bringing the total equity capital raised by the company to $193 million.
  • Sensex makes history, ends above 50,000 for first time

    After touching a record intra-day high of 50,526.39, the 30-share BSE benchmark ended at 50,255.75, up 458.03 points or 0.92 per cent.
  • Air India employees’ interest will be protected: Union Minister

    The disinvestment process of Air India, which had a total debt of over Rs 38,366 crore in the last fiscal -- is in progress.
  • Sebi comes out with graded entry norms for innovation sandbox

    The new framework is also aimed at increasing participation in the innovation sandbox.
  • Bharti Airtel Q3 net profit at Rs 854 crore

    Airtel logged its highest-ever consolidated quarterly revenue of Rs 26,518 crore in Q3 FY21, up 24.2 per cent over the year-ago period.
  • Adani Enterprises Q3 consolidated profit declines 10 per cent

    The Gautam Adani-led company had clocked a consolidated profit of Rs 382.98 crore in the corresponding quarter a year ago, it said in a regulatory filing.
  • Maruti Suzuki partners with ALD Automotive India for subscription

    Customers will pay an all-inclusive monthly subscription charge starting at Rs 12,513 for Wagon R and Rs 13,324 for Ignis in Kochi (including taxes) for a tenure of 48 months, it added.
  • Airbus partners with Hyderabad-based Flytech to train drone pilots

    The MoU was signed at Aero India 2021.
  • Global smartphone sales to reach 1.5 billion units in 2021: Gartner

    Gartner forecasts that sales of 5G smartphones will total 539 million units worldwide in 2021, which will represent 35 per cent of total smartphone sales.
  • Microsoft backs Australian plan to make Google pay for news

    The mandatory code proposed by the government aims to make Google and Facebook pay Australian media companies fairly for using news content the tech giants siphon from news sites.
  • 3 in 4 Indian professionals to look for new job in 2021: LinkedIn

    More than one-third of job seekers in India are worried about too many recruitment stages and extensively long application documents
  • Over Rs 124 crore spent to promote tourism in 2017-20: Centre

    Patel said that different media campaigns are conducted by the Ministry of Tourism to promote domestic tourism in India.
  • 6 House Panel reports to be placed in Lok Sabha today

    In the Wednesday's revised List of Business, the Lok Sabha has reserved time for Motion for Election to Committee on Welfare of Other Backward Classes (OBC).
  • Uber acquires alcohol delivery service Drizly for $1.1 billion

    Drizly is the leading on-demand alcohol marketplace in the US, available in more than 1,400 cities.
  • YouTube growing fast, Shorts gets 3.5 billion daily views: Sundar Pichai

    "More than 0.5 million channels live streamed on YouTube for the first time in 2020, from artists performing in their living rooms to churches moving their services online," Pichai informed.
  • Hyderabad-based space startup inks pact with ISRO

    Under the agreement, Skyroot Aerospace can access the facilities and technical expertise available in ISRO centres to proceed with its launch vehicle development programme
  • Rupee opens flat against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.16 per cent to 91.05.
  • Sensex, Nifty pare early losses to turn positive in opening trade

    IndusInd Bank was the top gainer in the Sensex pack, rising around 4.50 per cent, followed by Dr Reddy's, PowerGrid, Tech Mahindra, M&M, Sun Pharma and Axis Bank.
  • Jeff Bezos to step down as Amazon CEO

    Bezos has served as Amazon's CEO since he founded the company in 1994, making his venture one of the most dominant technology firms in the world.
  • Bharat Biotech, Ocugen ink pact for commercialisation of Covaxin in US

    Under the terms of the agreement, Ocugen will have the US rights to the vaccine candidate and will be responsible for clinical development, regulatory approval (including emergency use authorisation (EUA)) and commercialisation for the US market.
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