Mumbai (Maharashtra) [India], July 24 (ANI): State-owned Canara Bank said on Wednesday its net profit in the April to June quarter rose 17 per cent year-on-year to Rs 329 crore due to improved asset quality and lower provisions.
Mumbai (Maharashtra) [India], July 24 (ANI): Mahindra & Mahindra Financial Services Ltd (MMFSL), a provider of financial services in rural and semi-urban markets, has reported profit after tax of Rs 108 crore during the quarter ended June 30 as against Rs 322 crore during the correspondi
Washington DC [India], July 23 (ANI): The International Monetary Fund (IMF) has cut its projection for India's economic growth by 0.3 percentage points to 7 per cent for the fiscal year 2019-20 owing to the "weaker-than-expected outlook" for the domestic demand.
Mumbai (Maharashtra) [India], July 23 (ANI): Leading IT player Mastek has posted 7.8 per cent increase in consolidated net profit at Rs 24.22 crore for fiscal quarter ending June 2019 from Rs 22.46 crore in the year-ago period.
Mumbai (Maharashtra) [India], July 23 (ANI): Local search engine Just Dial has reported 48.7 per cent growth in its net profit of Rs 57.3 crore during the first fiscal quarter ending June 30 from Rs 38.5 crore in the year-on period.
Mumbai (Maharashtra) [India], July 22 (ANI): GlaxoSmithKline (GSK) Pharmaceuticals on Monday announced 35 per cent jump in its net profit to Rs 113.5 crore during the first quarter of current fiscal from Rs 88.6 crore in the corresponding quarter ended June 30 last year.
Kolkata (West Bengal) [India], July 22 (ANI): Bandhan Bank has reported a net profit of Rs 701 crore during April to June, up 45 per cent from Rs 482 crore in the corresponding quarter of the previous year.
New Delhi [India], July 21 (ANI): India's current account deficit (CAD) is expected to remain largely steady at 16 billion to 17 billion dollars or 2.3 per cent of GDP in the first quarter (April to June) of the current fiscal year 2019-20 despite recent contraction in merchandise exports an
Mumbai (Maharashtra) [India], June 20 (ANI): Private lender HDFC Bank on Saturday reported a net profit of Rs 5,568 crore for the quarter ended June 30, marking an increase of 21 per cent in the year-on period.
Mumbai (Maharashtra) [India], July 20 (ANI): L&T Finance Holdings (LTFH), a diversified non-banking financial company (NBFC), has posted consolidated profit after tax of Rs 549 crore for the first quarter of 2019-20, up 2 per cent from Rs 538 crore in Q1 FY19.
Gurugram (Haryana) [India], July 19 (ANI): InterGlobe Aviation, parent of IndiGo airline, on Friday reported its highest ever profit after tax of Rs 1,203 crore during the April to June quarter of current financial year 2019-20 (Q1 FY20), up 4,229.7 per cent year-on-year from Rs 27.8 crore i
Manila [Philippines], July 18 (ANI): Asian Development Bank on Thursday cut India's gross domestic product (GDP) growth forecast to 7 per cent for the current financial year on the back of fiscal shortfall concerns.