Business

HCL Technologies Ltd shares jumped 5.8% as net profit rose from 19.4% to Rs 2,651 crore in the September quarter as compared to the previous.

The third largest mortgage lender had sought a Rs 15,000-crore lifeline from the lenders as they finalise the resolution plan, which may also include picking up 51 percent equity in the company by converting their debt into equity.

The list prepared by McAfee said that there are Indian celebrities on the list, whose names are used to lure unsuspecting fans to such websites, include actors Radhika Apte and Shraddha Kapoor, PV Sindhu and Sachin Tendulkar.

Dimon, Chairman and CEO of JP Morgan Chase, the biggest bank in America by market value, thinks India has a done a phenomenal job lifting more than 200 million out of poverty over the last two decades.

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The CAIT claimed that predatory pricing and 'unfair business practices' have led to most customers shifting to online shopping.

The CII has created an ecosystem to engage stakeholders, including experts, corporates, state governments, village community and farmer groups, to implement possible solutions to the issue of stubble burning

During late morning trade on BSE, the company's market capitalisation (m-cap) was Rs 9,01,490.09 crore. The scrip of the country's most-valued company was trading in the green, up 2.28 per cent to a record Rs 1,428, ahead of its earnings announcement late...

Many people attribute the deepening slowdown in consumption to the NBFC crisis that began in September 2018 when IL&FS went belly up following which consumption financing--a forte of shadow banks, stopped with a chill in disbursements by these players.

Nirmala Sitharaman also emphasised that a USD 5 trillion economy will make India a global economic powerhouse moving it from the 7th to 3rd position in terms of current dollar exchange rate.

In the last three years, the Indian banking system has lost Rs 1.76 lakh crore on account of non-performing loans of 416 defaulters — each owing Rs 100 crore or more — being written off.

Imports too declined by 13.85 per cent to USD 36.89 billion in September, narrowing the trade deficit to a seven-month low of USD 10.86 billion, according to the government data released on Friday.

The company is currently developing a large format store in Bengaluru and later develop one in Delhi as a part of its first phase expansion plans.

The broader NSE Nifty too rose 87.15 points, or 0.77 per cent, to settle at 11,428.30. Top gainers in the Sensex pack included Vedanta, M&M, ONGC, Hero MotoCorp and Maruti, rising up to 3.79 per cent.

The decision comes days after public sector oil marketing companies had threatened to discontinue fuel supplies to the fiscally strapped national carrier at six major airports in the country.

Abhijit Banerjee, who on Monday won the 2019 Nobel Economics Prize along with two others for his work in fighting global poverty, told CNBC-TV18’s Latha Venkatesh that the “Indian economy is on a shaky ground”.