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L&T Infotech arm signs pact with banking software major Temenos
Updated : 7 years ago IST
Luxembourg, May 14 (ANI): Syncordis SA, a wholly-owned subsidiary of Larsen & Toubro Infotech (LTI), on Tuesday announced a strategic global partnership with banking software major Temenos to offer an array of certified services to banks across the globe.
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Syndicate Bank reports net loss of Rs 2,587 crore in FY 19
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): Government-owned Syndicate Bank suffered a net loss of Rs 2,587 crore during 2018-19 on account of bad loans compared to a net loss of Rs 3,223 crore in the previous fiscal year.
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Instagram to block anti-vaccine hashtags
Updated : 7 years ago IST
California [USA], May 10 (ANI): People searching for misinformation through anti-vaccine hashtags on Instagram will have hard luck as the Facebook-owned company is cracking down on posts which deliver false information.
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Air India to offer 40 pc discount on last moment tickets
Updated : 7 years ago IST
New Delhi [India], May 10 (ANI): Government-owned Air India on Friday decided to reduce the price of its last moment tickets by 40 per cent.
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IOB to sell non-core assets for raising Rs 900 crore in FY 19
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Government-owned Indian Overseas Bank has identified 32 assets for sale, including prime properties in Singapore and Hong Kong, to raise about Rs 900 crore in the current financial year 2019-20.
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PNB destroyed Gitanjali Gems, says Mehul Choksi's lawyer
Updated : 7 years ago IST
New Delhi [India] May 2, (ANI): Lawyer of now-defunct Gitanjali Gems' owner Mehul Choksi on Thursday said that state-owned Punjab National Bank had intentionally "destroyed" the brand in an attempt to divert attention from their own mistakes.
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L&T-Construction awarded large contract for gold processing
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 2 (ANI): Engineering major Larsen & Toubro said on Thursday its metallurgical and material handling business has been awarded a large order from Ma'aden Gold and Base Metal Company, a wholly-owned subsidiary of Saudi Arabia Mining Company, for setting
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Concor clocks net profit of Rs 352 crore in Q4 FY19
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 1 (ANI): State-owned Container Corporation of India (Concor) has reported profit after tax of Rs 352 crore in the fourth quarter of 2018-19 compared to Rs 292 crore in the same quarter of previous year.
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LPG cooking gas cylinders to cost slightly more
Updated : 7 years ago IST
New Delhi [India], May 1 (ANI): Government-owned Indian Oil Corporation has increased price of a subsidised liquefied petroleum gas (LPG) 14.2 kg cylinder by 28 paise in New Delhi and 29 paise in Mumbai from Wednesday.
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Bank of Maharashtra reports net loss of Rs 4,784 crore in FY 19
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Apr 29 (ANI): Government-owned Bank of Maharashtra on Monday reported a mounting net loss of Rs 4,784 crore in 2018-19 from Rs 1,146 crore in the previous fiscal year, mainly due to slippages from agriculture loans.
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US, Russia, China call for pulling out troops from Afghanistan
Updated : 7 years, 1 month ago IST
Washington D.C. [USA], Apr 27 (ANI): Representatives of China, Russia and the United States have reached a consensus and mutually called for an orderly and responsible withdrawal of foreign troops from war-torn Afghanistan as part of the inclusive Afghan-led and Afghan-owned peace process.
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UP: CBI registers FIR in state-owned sugar mills disinvestment case
Updated : 7 years, 1 month ago IST
New Delhi [India], Apr 26 (ANI): The Central Bureau of Investigation (CBI) on Friday registered an FIR in a case of alleged irregularities in the disinvestment of seven state-owned sugar mills, in the year 2010-11, leading to a loss of Rs 1179 crore to Uttar Pradesh state exchequer.
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