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ICICI Bank has itself taken charge of collections from these pools even as public-sector banks (PSBs) are relying on the judiciary to access their share of repayments.With the Bombay High Court ordering a moratorium on repayments to…

Consolidated gross margin expanded 560 bps y-o-y to 49.6%.Marico’s Q2FY20 consolidated net sales declined 0.4% year-on-year to Rs 1,830 crore (v/s est Rs 2,000 crore). Domestic revenue decreased ~3% y-o-y with volume growth of only 1%.…

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FILE PHOTO: Columnist and Investor Ken Fisher speaks to Reuters in New York, April 14, 2010. REUTERS/Brendan McDermid/File PhotoBOSTON (Reuters) - Fisher Investments founder Ken Fisher said there will be no lay-offs at his Washington…

Air India had acquired 27 B787-800 planes and 15 B777-300ER aircraft.Air India is looking to raise USD 819 million (over Rs 5,800 crore) to refinance existing bridge loans availed for six Boeing 787 and one Boeing 777 aircraft. The…

The net NPA ratio also decreased 31 bps sequentially at 7.88%.Public-sector lender United Bank of India on Wednesday reported a net profit of Rs 123.88 crore for the second quarter ended September 30 against a net loss of Rs 883.17 crore…

The Sensex was up about 223 points to 40,023 in the morning trade, while the Nifty was trading near the 11,900-mark.Share Market News Today | Sensex, Nifty, Share Prices LIVE: The Sensex soared past the crucial 40,000-mark in the opening…

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(Reuters) - AT&T Inc on Monday unveiled a three-year strategic plan that included selling up to $10 billion worth of businesses next year, paying off all its debt from the purchase of Time Warner and adding two new board members,…

The distress at India’s No. 2 phone operator deepened last week after the nation’s top court ordered it to pay about billion in past dues, dealing a fresh blow to the struggling business. (Reuters Photo)Vodafone Group Plc’s Indian…