Bengaluru (Karnataka) [India], Jan 23 (ANI): Government-owned Canara Bank said on Thursday its standalone net profit rose by 3.81 per cent to Rs 330 crore in the third quarter ending December (Q3 FY20) as net non-performing assets (NPAs) came down from 10.25 per cent to 8.36 per cent.
Mumbai (Maharashtra) [India], Jan 22 (ANI): Private sector lender Axis Bank said on Wednesday its net profit rose by 5 per cent year-on-year in the third quarter of current fiscal year to Rs 1,757 crore on the back of higher net interest income.
Mumbai (Maharashtra) [India], Jan 22 (ANI): Logistics major Gateway Distriparks Ltd (GDL) on Wednesday reported consolidated total income of Rs 305 crore in the October to December quarter as against Rs 105 crore in the same period of last year, marking a growth of 190 per cent.
Mumbai (Maharashtra) [India], Jan 22 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday it expects gross domestic product (GDP) to grow at 5.5 per cent year-on-year in the next financial year (FY 20-21) but added that downside risks persist.
Madurai (Tamil Nadu) [India], Jan 21 (ANI): The Income Tax Department on Tuesday conducted searches at properties belonging to Velammal Educational Trust in Tamil Nadu's Madurai city.
Hyderabad (Telangana) [India], Jan 21 (ANI): Granules India Ltd said on Tuesday reported a net profit of Rs 64 crore in the quarter ending December (Q3 FY20), rising over 10.3 per cent from Rs 58 crore in Q3 FY19.
Davos [Switzerland], Jan 20 (ANI): The downward revision primarily reflects negative surprises to economic activity in a few emerging market economies, notably India, which led to a reassessment of growth prospects over the next two years, said Gita Gopinath, Chief Economist, Internationa
Mumbai (Maharashtra) [India], Jan 20 (ANI): Private sector lender Federal Bank said on Monday its third quarter net profit rose by 32 per cent to Rs 441 crore compared to Rs 334 crore in the year-ago period.
Mumbai (Maharashtra) [India], Jan 20 (ANI): Kotak Mahindra Bank said on Monday its standalone profit after tax totalled Rs 1,596 crore during the third quarter of current financial year (Q3 FY20), up 24 per cent on a year-on-year basis.
New Delhi [India], Jan 20 (ANI): The Income Tax Department conducted raids at several locations linked to Bharat Hotel MD and former FICCI president Jyotsna Suri and her associates.
New Delhi [India], Jan 18 (ANI): Interaction for the selection of candidate for two vacant posts in the Central Board of Direct Taxes (CBDT) board, the top policy-making body of the Income Tax Department, will be held on January 23, sources said.
New Delhi [India], Jan 17 (ANI): In a bid to boost the sale of Khadi handkerchiefs and increase the income of militancy affected women artisans, the Centre has approved the enhancement of wages from Rs 2 to Rs 3 per piece.