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FE Bureau

The lender, which is still under the Reserve Bank of India's PCA framework, had posted a net profit of Rs 30.12 crore for the second quarter.
UCO Bank posts Rs 35-crore net profit in Q3, provisions fall 76%

Net interest income (NII) rose 13.79% y-o-y to Rs 1,407.16 crore, compared to Rs 1,236.59 crore, while non-interest income saw…

By FE Bureau
January 26, 2021 01:15 IST
The bank is currently managed by a committee of directors and RBI has given the bank four months to appoint a new head.
JK Shiven likely to be Dhanlaxmi Bank’s next MD and CEO: Sources

The Reserve Bank of India (RBI) had asked the Dhanlaxmi Bank Board to get shareholders’ approval before appointing JK Shivan…

By FE Bureau
January 26, 2021 00:45 IST
However, stocks belonging to sectors such as pharmaceuticals saw buying during the session. The stock of Grasim Industries rose 5.87% after the company decided to foray into the paints business.
Border tension weighs: Markets tumble on selling in RIL, weak global cues

The volatility rose amid the border clashes between Indian and Chinese soldiers in Sikkim, and ahead of the Budget. The…

By FE Bureau
January 26, 2021 00:30 IST
India Inc brings home good Q3FY21 report card, most companies beat Street estimates

With expenditure contracting more than the fall in revenues, operating profit margins for the same expanded 500 bps y-o-y.

By FE Bureau
January 25, 2021 05:15 IST
The Trai had recommended that both E and V band should be opened with ‘light touch regulation’ and allotment should be on a ‘link to link basis’.
High-speed broadband services: Telcos and technology majors spar over spectrum band

The divide between the two sides is whether spectrum in the concerned band should be delicensed or should be allocated…

By FE Bureau
January 25, 2021 04:45 IST
With 18 months warranty, it is available on Flipkart at a price tag of Rs 15,999.
Soundcore Infini Pro: Stylish soundbar with rich and realistic aural quality

Infini Pro’s custom speaker configuration works in tandem with Dolby Atmos to produce 3D surround sound with great clarity and…

By FE Bureau
January 25, 2021 03:30 IST
“We propose three non-fiscal, flick-of pen reforms for formal job creation and employability,” she says.
Union Budget 2021: Budget must focus on formal job creation

Union Budget 2021 India: The Budget must have reforms for formal job creation: Rituparna Chakraborty, TeamLease Services

By FE Bureau
Updated: January 25, 2021 02:10 IST
A major hurdle faced during online exams, therefore, is cheating.
Tech can minimise cheating during online exams: Learning Spiral

“Using these technologies, drastic minimisation in online cheating was observed,” Mohta adds.

By FE Bureau
January 25, 2021 01:45 IST
birla
Birla Corp reports 82% jump in Q3 net profit

Sales by volume for the quarter rose 3.2% to 3.55 million tons (mt), boosting capacity utilisation to 92% from 88%…

By FE Bureau
January 25, 2021 01:28 IST
This was led by coal power, whose output rose to the highest level since June’19.
Power scenario looked up in December

Electricity generation grew 8% m-o-m and 4% y-o-y in the month.

By FE Bureau
January 25, 2021 01:15 IST
However, postponing the NEET dates can have serious repercussions on the admissions process as well as careers of many students, said Gaurav Tyagi, founder of Career Xpert.
Delay in NEET date can impact admissions: Gaurav Tyagi, founder, Career Xpert

Education minister Ramesh Pokhriyal Nishank recently said that announcement on the medical entrance exam date could be made in the…

By FE Bureau
January 25, 2021 00:20 IST
In addition, it is likely to buy additional spectrum in 1800 MHz and 2300 MHz band in order to build a portfolio of 10 MHz and 40 MHz, respectively.
Spectrum auctions may be a no-show: Telcos expected to do minimum buying, leaving about 60% spectrum unsold

If it adopts this strategy, Vodafone Idea will end up expanding its 4G spectrum from the existing 39.1 MHz to…

By FE Bureau
January 24, 2021 04:30 IST
There are some state-specific taxes Goa and Karnataka, wherein, 10% of sale proceeds have to be contributed for similar activities as specified for the DMF. This double taxation further increases the burden on the industry.
Coal India: Geared up to meet any surge in fuel demand from power sector

Against this backdrop, close to 67% of the total coal-fired power generation in the country is fuelled through CIL supplies.

By FE Bureau
January 24, 2021 01:00 IST
Vaccine Transport: DICV launches BSafe Express

Equipped with state-of-the-art connectivity, the BSafe Express uses newly developed refrigeration units that ensure temperature and stability of vaccines is…

By FE Bureau
Updated: January 23, 2021 11:07 IST
Okinawa Dual electric two-wheeler to propel ‘service on wheels’

The Dual has a top speed of 25 km/h. Its detachable battery can be charged 80% in 1.5 hours and…

By FE Bureau
January 23, 2021 09:59 IST
BLive, CredR to provide easy upgrade to electric vehicles

Users will be provided hassle-free exchange of used two-wheelers for electric bikes, and will receive their new vehicle within days.

By FE Bureau
January 23, 2021 09:33 IST
happiest minds technologies, happiest minds, nomura
Bank stocks dive: Markets see biggest monthly decline on profit booking on Friday

The markets on Friday also reacted to the global sentiment which was weak on account of the rising novel Coronavirus…

By FE Bureau
January 23, 2021 08:35 IST
GM says no plan to resume production at Talegaon, India

GM had announced factory closure from December 24 after the deal to sell the plant to Chinese automotive company Great…

By FE Bureau
January 23, 2021 07:19 IST
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