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Home  Business

Business

Indian Bank Q2 net profit rises 15%

Indian Bank Q2 net profit rises 15%

  • ONGC wins 7 oil blocks, OIL 4 in latest bid round

    The government had offered 11 blocks for exploration and production of oil and gas in the fifth bid round under the Open Acreage Licensing Policy (OLAP). A total of 12 bids seven bids by Oil and Natural Gas Corp (ONGC)
  • Foreign institutional investors hike stake in Reliance Industries to 25.2%

    Reliance Industries (RIL) on Thursday filed a statement showing the shareholding pattern for the quarter ended September 30. The statement showed FII holding 165.8 crore shares or 25.2 per cent of the total shareholding.
  • SBI Card Q2 net profit dips 46 pc to Rs 206 crore

    SBI Card, promoted by the country's largest lender State Bank of India, said its card-in-force grew 16 per cent to 1.10 crore as of second quarter of 2020-21, from 0.95 crore a year ago.
  • India’s smartphone market hits record 50 mn units in Q3

    Smartphone shipments in India recovered in Q3 2020, posting 8 per cent growth to 50 million units (from 46.2 million units in year-ago period).
  • Aurobindo Pharma arm’s New Jersey unit gets warning letter from USFDA

    AuroLife Pharma, a wholly-owned step-down subsidiary of the company, has received a warning letter from the United States Food and Drug Administration (USFDA) for its oral solid manufacturing facility situated at Dayton
  • Techbooze starts pumping heavy funds into Indian startups

    Startups including Byju's, Playco and Ynsect.com have already received funds with an undisclosed figure, the company said, adding that it will be investing heavily into startups and the real estate sector.
  • Gold declines by Rs 95 on weak global trend

    Silver prices also declined Rs 504 to Rs 63,425 per kilogram from Rs 63,929 per kilogram in the previous trade.
  • Tesla launches ‘Full Self Driving’ beta to select drivers

    The customers in Tesla's Early Access Programme will receive software updates, which will give drivers access to Autopilot's ‘partially' automated driver assistance system on city streets.
  • PayPal to support cryptocurrency for all online payments

    PayPal also plans to extend support to its money-sending subsidiary Venmo and international markets starting early next year.
  • Women now represent 28.6% of Microsoft’s global workforce

    According to Microsoft's '2020 Diversity and Inclusion' report released on Wednesday, Asian employees, which include more than a dozen different ethnic groups, represent 34.7 per cent of its US workforce
  • Dr Reddy’s detects cyber-attack, isolates its data centre services

    Says it anticipates all services to be up within 24 hours and do not foresees any major impact on its operations
  • Sensex declines over 250 pts in early trade; Nifty tests 11,850

    The 30-share BSE index was trading 279.13 points or 0.69 per cent lower at 40,428.18, and the broader NSE Nifty fell 80.05 points or 0.67 per cent to 11,857.60.
  • 73% of Indian companies saw 25% jump in cyber threats post Covid-19: Cisco

    Secure access is seen as the top cybersecurity challenge faced by the largest proportion of organisations
  • Jio revamps its made-in-India browser as JioPages

    Currently available for Android smartphones, the browser is a revamped version of JioBrowser which has already been downloaded over 10 million times from Google Play Store.
  • India moving rapidly towards indigenously-made supercomputers

    The National Super Computing Mission (NSM) is rapidly boosting high power computing in the country through its various phases to meet the increasing computational demands of academia, researchers, MSMEs
  • Cathay Pacific cuts 8,500 jobs, shutters regional airline

    The company will also shut down Cathay Dragon, its regional airline unit, with operations ceasing from Wednesday. It will seek regulatory approval for most of the routes to be operated by Cathay Pacific
  • Apple’s AirTags coming soon in two sizes, says Report

    According to a report in 9To5Google, Apple's tags will use Ultra-Wide Band radio for extremely precise location-finding, to within inches.
  • SBI announces up to 25 bps concession on home loan rates

    With this, SBI's customers would get an interest concession of 25 bps on a home loan of above Rs 75 lakh, based on their CIBIL score and if they are applying through YONO, the lender's digital lending platform.
  • Facebook testing ‘Neighborhoods’ feature to take on Nextdoor

    The new Facebook feature which is currently in limited testing phase allows users to display local posts, groups and marketplace items, CNET reported on Tuesday
  • Decks clear for ONGC to merge refining subsidiary MRPL with HPCL

    Sources said that the process of merging ONGC's two oil refining subsidiaries, HPCL and MRPL, will be started immediately after the company completes merging ONGC Mangalore Petrochemical Ltd (OMPL)
  • Dhoot family offers to pay Rs 30,000 crores to lenders

    The Dhoot family -- erstwhile promoters of the group -- expects a final decision on the settlement offer by the end of this year, provided the lenders and the National Company Law Tribunal (NCLT) agree to it.
  • Bajaj Finance Limited Q2 net profit falls 36%

    Net interest income was up 4 per cent at Rs 4,165 crore as against Rs 4,000 crore. The Pune-headquartered company said new loans booked during the second quarter of this fiscal dropped 44 per cent to 36.2 lakh
  • Vivo forays into Europe with X51 5G, Y-series phones

    Vivo said its European launch followed extensive preparations, including research and interviews, with 9,000 people across the continent.
  • Skoda Auto Volkswagen India exports over 25,000 cars

    The European car major started exports of its vehicles from India in 2010 with 65 units of the India-built Volkswagen Vento for the South Africa market.
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