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  • IDFC Bank re-named IDFC First Bank

    12 January, 2019 1:17 PM 42

    IDFC Bank and non-banking financial company Capital First had announced completion of their merger on December 18. Private sector lender IDFC Bank said its name has been changed to IDFC First Bank Ltd with effect from Saturday. "...the name of the Bank has been changed from IDFC Bank Ltd to 'IDFC First Bank Limited' with effect from January 12, 2019 by virtue

  • Suraj Standalone December 2018 Net Sales at Rs 42.44 crore, down 7.34% Y-o-Y

    12 January, 2019 1:14 PM 54

    Net Sales at Rs 42.44 crore in December 2018 down 7.34% from Rs. 45.80 crore in December 2017. Quarterly Net Profit at Rs. 0.43 crore in December 2018 up 174.04% from Rs. 0.16 crore in December 2017. EBITDA stands at Rs. 4.11 crore in December 2018 up 0.74% from Rs. 4.08 crore in December 2017. Suraj EPS has increased to Rs. 0.22 in December 2018 from Rs. 0.07 in December

  • GNA Axles Standalone December 2018 Net Sales at Rs 246.25 crore, up 47.46% Y-o-Y

    12 January, 2019 1:14 PM 43

    Net Sales at Rs 246.25 crore in December 2018 up 47.46% from Rs. 167.00 crore in December 2017. Quarterly Net Profit at Rs. 17.95 crore in December 2018 up 41.55% from Rs. 12.68 crore in December 2017. EBITDA stands at Rs. 38.92 crore in December 2018 up 42.62% from Rs. 27.29 crore in December 2017. GNA Axles EPS has increased to Rs. 8.36 in December

  • RLD hopeful of finding place in SP-BSP alliance for Lok Sabha polls in Uttar Pradesh

    12 January, 2019 12:36 PM 64

    An RLD spokesperson claimed that seats were not an issue and if any party had to be included in the alliance, a way could always be found. On a day when the Bahujan Samaj Party (BSP) and the Samajwadi Party (SP) announced a tie-up in Uttar Pradesh for the coming Lok Sabha polls, the Rashtriya Lok Dal (RLD) kept its hopes alive, saying the talks for finding

  • Don't lose hope by results in 3 states, Lok Sabha polls very important: Amit Shah tells BJP workers

    12 January, 2019 9:55 AM 55

    BJP chief Amit Shah on January 12 asked party workers not to lose hope due to adverse results in recent Assembly elections in the three states, saying the upcoming parliamentary polls were "very important" for the party. He also asked all party workers to ensure that the votes of their families and friends are cast by 10.30 AM on the polling day. He mounted

  • Tamil Nadu CM rejects allegations against him in Kodanad break-in case

    12 January, 2019 8:40 AM 53

    Tamil Nadu Chief Minister K Palaniswami on January 12 rejected allegations made against him by those accused in the Kodanad estate break-in case, saying the police will probe the matter. Referring to former Tehelka editor Samuel Mathew releasing a video in Delhi on Friday, in which the accused allegedly linked the CM to the break-in, Palaniswami denied

  • Centre to launch technology challenge to address housing shortage

    12 January, 2019 8:20 AM 38

    To address the issues related to housing shortage in a time-bound manner, the Centre will launch the 'Global Housing Technology Challenge' here on Monday, officials said. Union Housing and Urban Affairs (HUA) Minister Hardeep Singh Puri will launch the initiative under the Pradhan Mantri Awas Yojana-Urban (PMAY-U), Ministry Secretary Durga Shanker Mishra

  • Global solar sector sees corporate funding, M&A activity worth $9.7 billion in 2018

    12 January, 2019 7:13 AM 72

    The global solar sector witnessed a total corporate funding and merger and acquisitions activity worth USD 9.7 billion in 2018, a 24 percent drop compared to the year-ago period, according to a report. Mercom Capital Group said the total M&A and global corporate fundings, including venture capital (VC), debt financing and public market financing stood

  • MF Wrap: All categories saw addition in folios in December; Equity funds lead

    12 January, 2019 4:35 AM 58

    Equity folios halved too from 10.6 lakh folios in October to 4.91 lakh folios in December. Equity funds include pure equity, ELSS and balanced funds. Equity fund folio addition has boosted the domestic mutual fund industry, helping it register over 5.7 lakh more investor accounts in December, according to the data on the Securities and Exchange Board

  • Macro@Moneycontrol I Linking your driving licence with Aadhaar

    11 January, 2019 5:42 PM 44

    Will the government's move help catch those driving with duplicate licences, or will it streamline payments of fines? Tune in for more. The government is planning to introduce a law to make it mandatory for the masses to link their driving licence to Aadhaar. Union Minister Ravi Shankar Prasad recently said a law will soon be passed in this regard