Cairn seeks quick resolution to tax row

Last Updated: Wednesday, August 12, 2015, 15:49

As the government grapples with its arbitration notice against a Rs 10,247 crore tax demand, British oil explorer Cairn Energy has said a quick judicial resolution to the issue will help restore confidence of retrospective tax-rattled international investors.

IDBI Bank Q1 net profit rises 27% to Rs 135 crore

Last Updated: Wednesday, August 12, 2015, 15:44

State-run IDBI Bank on Wednesday reported 27.3 percent rise in net profit to Rs 135.18 crore for the quarter ended June 2015.

City Union Bank Q1 net up 12% at Rs 112 crore

Last Updated: Wednesday, August 12, 2015, 14:07

City Union Bank on Wednesday reported over 12 percent rise in its standalone net profit at Rs 111.56 crore during the first quarter ended June, 2015.

HNI wealth up 23% to Rs 128 tn in FY15; equities find favour

Last Updated: Tuesday, August 11, 2015, 20:57

The country has witnessed a massive jump both in the number of high networth individuals (HNIs) as well as their net worth with the latter increasing 23 percent over the year to Rs 128 trillion in spite of sluggish economic growth, says a report.

Apollo Hospitals Q1 Net up 10% at Rs 90.84 crore

Last Updated: Tuesday, August 11, 2015, 16:08

Apollo Hospitals Enterprise today reported 9.78 percent rise in standalone net profit at Rs 90.84 crore for the first quarter ended June 30, 2015.

State Bank of India Q1 net profit rises 6% to Rs 4,714 crore

Last Updated: Tuesday, August 11, 2015, 15:09

State Bank of India on Tuesday reported a 5.9 percent increase in net profit at Rs 4,713.57 crore for the first quarter ended June on the back of a decline in bad loans.

Govt assures 'full confidentiality' under black money window

Last Updated: Monday, August 10, 2015, 20:33

This is in contrast to the Das' statement last week, where he had said that the information provided during the one-time compliance window can be revealed in the public interest.

Jaiprakash Associates' stock plunges 7% as Q1 loss widens

Last Updated: Monday, August 10, 2015, 13:46

Shares of infrastructure major Jaiprakash Associates slumped nearly 7 percent Monday as the company's standalone net loss widened to Rs 465 crore in the April-June quarter of 2015-16 fiscal.

Govt notifies changes in I-T rules to comply with FATCA pact

Last Updated: Sunday, August 9, 2015, 11:49

The Revenue Department has amended income tax rules to provide for reporting of information with regards to financial assets and accounts, a month after India signed a tax information sharing agreement with the US.

Divis Labs Q1 net spurts 45% to Rs 243 crore

Last Updated: Saturday, August 8, 2015, 16:23

Drug firm Divis Laboratories today reported a 45 per cent rise in its net profit at Rs 243.18 crore for the June quarter, from Rs 167.93 crore a year ago.

Petrobras net profit falls nearly 90% in Q2

Last Updated: Friday, August 7, 2015, 07:36

Brazil`s state-run oil giant Petrobras, rocked by a massive graft scandal, said Thursday that second-quarter net income fell nearly 90 percent from a year ago, in part due to plummeting crude prices.