Private-lender Yes Bank hit its lowest level in 52 weeks after it fell as much as 15 per cent on the BSE on Thursday. Investors distanced themselves from Yes Bank counter after the bank reported a 91 per cent fall in its profit at Rs 113.76 crore, down from Rs 1,260.36 in the...
The Indian Railways is hopeful of getting the approval of the Prime Minister's Office (PMO) to run another Vande Bharat Express, this one between New Delhi and Katra in Jammu and Kashmir, senior railway officials said on Thursday. An official told IANS on the condition of anonymity: "The proposal to run a ...
A special court hearing CBI cases in Coimbatore sentenced K.Sridhar, former Branch Manager, Central Bank of India and two others in the Rs 1 crore bank fraud case, the investigating agency said on Thursday. In a statement issued here, the Central Bureau of Investigation (CBI) said...
The government will sell the immovable properties like land and buildings of the Enemy this fiscal to augment the divestment revenues and will also get its share from the proceeds of the non-core asset sales of the CPSEs, a top official said. "We got Rs 1,800 crore from the sale of 'Enemy Property' last fiscal and now ...
Microsoft has notified nearly 10,000 customers in the past year who were targeted or compromised by nation-state attacks originating from three countries -- Iran, North Korea and Russia. ...
The Bimal Jalan panel on Wednesday finalised the report on RBI surplus capital and though not unanimous on the quantum of transfer, it has recommended 3-5 year formula for transfer of surplus in tranches to the government....
Almost all sales professionals -- 94 per cent -- use technology to close more deals in India and those professionals who rely on sales technology outperform their peers, says a new survey by Microsoft-owned professional networking platform LinkedIn....
The recent Budget announcment of a 20 per cent tax on share buybacks could marginally affect the equity repurchase plans of the CPSEs but still it will remain an important mechanism to achieve the disinvestment target of Rs 1.05 lakh crore in fiscal 2020, a top official of the sell-off department said....
The Sensex on Wednesday opened slightly higher above the 39,000 mark as result of several corporate biggies were awaited. Corporate earnings of companies like Yes Bank, Wipro and Mindtree will be announced later in the result-heavy day....
The US lawmakers attacked Facebook's upcoming digital cryptocurrency Libra at a Senate hearing here, calling it "delusional" and "dangerous" and directing the social networking giant to clean up its house first before launching a new business model. David Marcus, Head of Facebook subsidiary Calibra, was grilled at the Senate ...
