POSCO warned its second-half profit would fall by 30 per cent after posting its second-best ever quarterly profit on Tuesday, as steel prices crumble on weak Chinese demand. Asian steelmakers face a t

State-owned SAIL may launch its 20 per cent share sale plan, which could generate up to Rs 16,000 crore, by the third quarter of the current fiscal, a top government official said. “I am hopeful of ge

SKS Microfinance’s public offer, through which it expects to mop up as much as Rs 1,300 crore, will hit the capital market on July 28. The initial public offering, the first such issue by any microfin

Aviation regulator DGCA is understood to have ordered Air India to deroster 40 cabin crew members on grounds of violating flight duty limitation norms by allegedly flying more hours than required. The

Top executives of public and private sector banks will meet RBI deputy governor, Mr Subir Gokarn, on Monday as part of the customary pre-credit policy deliberation to discuss various issues, including

Apollo Hospitals, India’s leading healthcare firm, on Friday said it plans to hire nearly 23,000 employees in the next 3-4 years to support its Rs 1,800 crore expansion plans.
Apollo will also increas

the Calcutta High Court on Friday quashed a civil court injunction and asked the petitioner to pay Rs 50,000 for a frivolous case, paving the way for the merger of Bank of Rajasthan (BoR) with ICICI B

Reflecting a marked recovery in industrial activity, indirect tax collections zoomed by 43 per cent to Rs 56,930 crore in the first quarter of this fiscal. The revenue from customs, excise and service