ICICI Securities’ H1FY19 PAT up 8% at Rs 268 crore

ICICI Securities’ H1FY19 PAT up 8% at Rs 268 crore

Saturday, 20 October 2018 | PTI | Mumbai

ICICI Securities, subsidiary of ICICI Bank, on Friday posted 8 per cent growth in profit after tax (PAT) at Rs 268 crore during the first half of this financial year compared to the same period last year. The company’s PAT stood at Rs 248 crore in H1FY18, a release issued here...

Sensex slips 637 pts as selling pressure mounts

Saturday, 20 October 2018 | PTI | Mumbai

The BSE benchmark Sensex tumbled 637 points and the broader Nifty slipped below the 10,300-mark in late afternoon trade on Friday following heavy selling in blue chip Reliance Industries as well as financial stocks. The 30-share Sensex, opened Friday distinctly weak at 34,563.29 and continued to slide to touch a low...

State subsidies to improve mills’ liquidity & clear cane dues:Report

Saturday, 20 October 2018 | PTI | Mumbai

State Governments’ announcement of cash subsidy is likely to improve the liquidity of mills, helping them in making cane payments to farmers, a report has said. Recently, Uttar Pradesh (UP) and Haryana’s state advisory policy (SAP) had announced a cash subsidy of close to Rs 10,000 crore as on mid-September 2018,...

NASSCOM inks MoU to expand Indian SMEs

Saturday, 20 October 2018 | PTI | Dubai

pti n   IT industry body NASSCOM has signed an MoU with a leading technology community in Dubai  to help small and medium-sized Indian enterprises expand their operations in the Middle East and North Africa region. The MoU between the National Association of Software and Services Companies (NASSCOM) and the Dubai Internet City...

Govt to allow data services in flights within national boundaries

Saturday, 20 October 2018 | PTI | New Delhi

The telecom department is considering to allow only data services initially in flights and water vessels within Indian territorial boundaries, an official source said. Under the proposed in-flight connectivity guidelines, both voice and data services would be provided to passengers on flights and maritime transport within the national boundaries.  “DoT will initially...

Yes Bank shares slump 6% as RBI refuses more time to Rana Kapoor

Saturday, 20 October 2018 | PTI | New Delhi

Shares of Yes Bank fell by 6 per cent on Friday after the Reserve Bank refused to grant more time to its long serving CEO and MD Rana Kapoor and asked the private sector lender to appoint his successor latest by February 1, 2019. The scrip dropped 6.06 per cent to...

RBI announces more steps to increase credit flow to NBFCs

Saturday, 20 October 2018 | PTI | Mumbai

The Reserve Bank on Friday announced more measures to increase liquidity flows to the non-banking financial companies. The RBI permitted banks to use Government securities equal to their incremental outstanding credit to NBFCs, over and above their outstanding credit to them as on October 19, to be used to meet...

To curb rising onion price, Nafed told to boost supply in Delhi

Saturday, 20 October 2018 | PTI | New Delhi

To check rising onion prices, the Centre on Friday directed co-operative Nafed to boost supply in the national capital from the buffer stock and also asked Mother Dairy to reduce the rates by Rs 2 per kg on the kitchen staple in all its Safal outlets. A decision in this regard,...

State Editions

State employees going on strike to lose salary

22 October 2018 | PNS | Lucknow

11 natives of UP among dead

22 October 2018 | PNS | Lucknow

BJP true saviour of Dalits: Yogi

22 October 2018 | PNS | Lucknow

Titli-hit village G’pati still awaits relief

22 October 2018 | TARINI PRASAD PANDA | Bhubaneswar

Similipal park to reopen from Nov 1

22 October 2018 | PNS | Bhubaneswar

Woman’s semi-clad body found in Khordha

22 October 2018 | PNS | Bhubaneswar

Sunday Edition

Sri Lanka: The road to recovery

21 October 2018 | Kumar Chellappan | Agenda

Lessons from Hyderabad airport

21 October 2018 | SRINATH RANGARAJAN | Agenda

The Indian Guru in Kenya

21 October 2018 | Gautam Mukherjee | Agenda

The fragility of dreams

21 October 2018 | Ronica Wahi | Agenda

Culture Lane

21 October 2018 | Pioneer | Agenda

OddlyEnough

21 October 2018 | Pioneer | Agenda