ICICI Bank

Crippled by bad loans, ICICI posts first ever loss in 16 years

Hurt by higher provisions for bad loans and bond losses, as well as the ongoing investigation into former Chief Executive Chanda Kochhar, ICICI Bank posted its first loss in 16 years, reporting Rs 1.2 billion in losses for the first fiscal quarter. Jul 28, 2018
bitcoin

Bitcoin rises from two-month low to cross $8,000

Since collapsing in December 2017, the value of Bitcoin has slowly been on the rise, touching $8,000 for the first time this year. Analysts are bullish about its long-term prospects. Jul 25, 2018
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Surge in auto, cement stocks pushes Sensex to record high

Indian shares gained for the third straight session on Tuesday, with the benchmark BSE index hitting a record, as cement and auto stocks surged on hopes of improved results, while reports suggested a surge in exports to BRICS nations. Jul 24, 2018
IT companies Q4 results India Inc call center corporate earnings

Q1 Results: IT and FMCG companies post strong show

The first quarter of the FY19 so far has been driven by IT and FMCG players. The sectors also registered double-digit growth in sales and profit against the drop it witnessed last year in the same quarter. Jul 23, 2018