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Reliance Industries Q1 profit rises to highest in over 7 years

Last Updated: Friday, July 24, 2015, 21:43

Standalone net profit at Rs 6,318 crore, or Rs 19.5 per share, in April-June was 11.8 percent higher than Rs 5,649 crore, or Rs 17.5 a share, in the same period a year ago.

Tech Mahindra sees weak revenue, earnings in Apr-Jun quarter

Last Updated: Monday, June 29, 2015, 16:04

IT firm Tech Mahindra on Monday warned of weak revenue and earnings in the April-June quarter due to higher visa costs and other headwinds, dragging the company shares by over 9 percent.

Tech Mahindra shares hit over one-year low on Q1 warning

Last Updated: Monday, June 29, 2015, 13:53

Shares of Tech Mahindra Ltd dropped almost 7 percent to a more than one-year low on Monday after the IT firm warned of a weak first quarter, partly due to higher U.S. visa sponsorship costs for its employees.

Hindalco fourth-quarter profit misses estimates

Last Updated: Thursday, May 28, 2015, 15:14

Aluminium and copper producer Hindalco Industries Ltd on Thursday posted a drop in quarterly profit that missed estimates, hurt by lower margins.

Fund-raising plans, solid Q4 lift Yes Bank 7%

Last Updated: Thursday, April 23, 2015, 18:11

Shares of Yes Bank surged 7 percent Thursday on the back of a 28.1 percent rise in net profit for the March quarter and fund-raising plans, thus adding Rs 2,325 crore to its market capitalisation.

HDFC Bank sees strong loan growth after profit rises

Last Updated: Thursday, April 23, 2015, 16:50

HDFC Bank Ltd said on Thursday it was optimistic of growing loans on the back of faster economic expansion after reporting net profit grew more than a fifth in the March quarter.

TCS to announce Q4 results on Apr 16; HCL Tech, Infy to follow

Last Updated: Wednesday, April 1, 2015, 15:33

Instead, it will be India's largest software services firm Tata Consultancy Services (TCS) that will announce its set of numbers on April 16.

SC lifts stay, allows DoT to finalise spectrum auction results

Last Updated: Thursday, March 26, 2015, 17:03

The Supreme Court on Thursday lifted its embargo and allowed the government to finalise the result of the just-concluded biggest and "fiercest" auction for telecom spectrum, fetching a whopping revenue of Rs 1.09 lakh crore.

IOC net loss in Dec quarter widens to Rs 2,636.80 cr

Last Updated: Friday, February 13, 2015, 18:04

The company had reported a net loss of Rs 961.45 crore in October-December 2013.

GST to reduce tax burden: RBI board member

Last Updated: Wednesday, February 11, 2015, 22:23

The implementation of Goods and Services Tax (GST) will result in lesser tax burden on consumers, besides boosting country's economic growth, an RBI board member said on Wednesday.

European stocks open lower on Greek election result

Last Updated: Monday, January 26, 2015, 16:21

European stock markets slid in opening trade on Monday after an anti-austerity party won Greece`s elections, throwing its international bailout into doubt and sparking fears it could leave the eurozone.

Only 1,000 jobs axed in India due to non-performance: TCS

Last Updated: Thursday, January 15, 2015, 21:14

The Tata-group company said it carries out performance reviews every year, which result in this "involuntary attrition" and added that the overall number of 2,574 includes only 1,000 jobs locally.