ICICI Bank’s Q2 net profit down 28% to Rs 655 cr

Mumbai: ICICI Bank has reported a 27.94 per cent decline in standalone net profit for the second quarter of 2019-20. The bank’s net profit in Q2 declined to Rs 655 crore from Rs 909 crore in the year-ago quarter. Net NPAs decreased by 51 per cent from Rs 22,086 crore on September 30, 2018 to Rs 10,916 crore on September 30, 2019 Excluding the More...

by Agencies | Published 3 weeks ago
Microsoft Cloud provides industry-leading levels of security, privacy controls, compliance
By Agencies On Saturday, October 26th, 2019
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Windows 10X set to come to laptops

San Francisco: Microsofts Windows 10X operating system may go beyond foldables and dual-screen devices, as the company’s internal design document has shown that it may also power traditional clamshell laptop More...

By Indileak Web Desk On Friday, October 25th, 2019
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ICICI Bank, L&T chosen as top Muhurat session picks

Mumbai: Stocks of ICICI Bank and L&T have been recommended as the top Muhurat session picks by a leading brokerage house. Other top stock picks are Larsen & Toubro, Page Industries, Prestige Estates and More...

By Indileak Web Desk On Thursday, October 24th, 2019
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India up 14 ranks to 63rd in World Bank ‘Doing Business’ list

New Delhi: India jumped 14 ranks to 63rd position in the World Bank’s ‘Doing Business’ list released on Thursday and was also among the top-10 progress-making countries according to the multilateral More...

By Indileak Web Desk On Wednesday, October 23rd, 2019
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Cabinet nod to BSNL-MTNL merger, VRS, 4G spectrum allocation

New Delhi: The Union Cabinet on Wednesday approved the much-awaited 4G spectrum allocation to ailing telecom PSUS — BSNL and MTNL — and gave in-principle approval to their merger while allowing them More...

By Agencies On Tuesday, October 22nd, 2019
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DoT prepares Rs 74,000 cr revival plan for BSNL, MTNL

New Delhi: The DoT will send a proposal to the cabinet for a revival plan worth Rs 74,000 crore for the ailing state-run telecom firms – BSNL and MTNL – where Rs 22,000 crore would be in the way of capital More...

By Agencies On Monday, October 21st, 2019
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Apple begins iPhone XR production in India

New Delhi: In a big impetus for its India manufacturing dream, Apple has started production of its highly successful iPhone XR in the country. The iPhone XR demand further saw an uplift after the price drop and More...

By Agencies On Monday, October 21st, 2019
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Indo-US energy trade to touch $10 billion in FY20: Pradhan

New Delhi: India’s energy trade with the US is likely to touch $10 billion in financial year 2019-20, with the country having increased its import of crude oil, LNG and coking coal, said Union Petroleum Minister More...

By Agencies On Saturday, October 19th, 2019
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Second N-plant at TN’s Kudankulam stops operation

Chennai: The second 1,000 MW nuclear power unit at Kudankulam, owned by the Nuclear Power Corporation of India Ltd (NPCIL) stopped power generation on Saturday, said Power System Operation Corporation Ltd (POSOCO). The More...

By Agencies On Thursday, October 17th, 2019
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NALCO faces ‘acute’ shortage of coal, scrips down 4%

Mumbai: National Aluminium Company Limited (NALCO) on the NSE fell over 4 per cent after the company informed the exchanges of acute shortage of coal to run operations. NALCO’s requirement of coal for its More...