IDBI Bank’s gross bad loans expanded to 30.7 percent of its loan book in the quarter ended June.
JPMorgan’s Sajjid Chinoy expects the rupee to track other emerging-market currencies.
Rupee opened 0.2 percent higher to 69.78 against the U.S. dollar today.
Assembly elections are due in a number of states starting October, followed by the Union election in the first quarter of 2019-20.
Here’s what went on this week on Startup Street.
National Company Law Appellate Tribunal rules that Tata Steel was eligible to bid for Bhushan Steel.
Lupin’s profit fell 44 percent in the June quarter, missing analyst estimates.
PNB’s asset quality remained stable in the first quarter of FY19.
Arvind expects its textile business to grow 10 percent in the current financial year
HDFC AMC surged 65 percent to Rs 1,816 per share on the BSE, compared with its issue price of Rs 1,100.
Is India’s aviation industry mature enough to consider economic viability over short term market share gain?
On Startup Street: WeWork to double locations;16 startups to get seed funding; world’s largest beer maker challenges startups.
Capital First is seeing its credit performance increase as chargeable fall on a sequential basis.
Supreme Court directed Reliance Communications to pay Rs 550 crore to Ericsson by Oct. 1.
GST collection rose month-on-month in June.
Jyotivardhan Jaipuria expects corporate bank stocks to offer disproportionate returns.
The worst of the bad loans problem is over for India’s banks.
Sharda Cropchem expects its operational margin to improve over the coming quarters.
HDFC’s profit jumps 53 percent in the first quarter.
Newer segments such as healthcare and technology will drive growth for Persistent Systems going forward, says its founder.
Edelweiss’ businesses are set to will grow five-six times over the next seven years, Jeswani said.