Newgen Software Q4 results: Profit dips 34% to…

New Delhi: IT company Newgen Software on Tuesday reported 34 per cent decline in consolidated profit to Rs 41.5 crore in the fourth quarter ended March 31, due to restrictions imposed across several geographies to…

Bank of Maharashtra sanctions Rs 2,789 crore loans…

Mumbai: State-owned Bank of Maharashtra on Sunday said it has sanctioned loans worth Rs 2,789 crore to MSME, self-help group, agricultural and retail borrowers to help them meet their liquidity mismatches caused due to coronavirus…

Deposits rise over Rs 2.8 lakh crore in…

MUMBAI: Bank deposits have risen by over Rs 2.8 lakh crore in three fortnights of the lockdown till May 8, while bank credit during the period dipped by Rs 1.2 lakh crore, according to data…

RIL gets fourth cheque in four weeks, General…

New Delhi: Reliance Industries-owned Jio Platforms grabbed another cheque from General Atlantic, a leading global growth equity firm, worth Rs 6,598.38 crore for 1.34 per cent in the company. This investment values Jio Platforms at…

FPIs invest over Rs 17,000 crore in equities…

New Delhi: After pulling out massive funds in the previous two months, foreign investors have poured in over Rs 17,000 crore into Indian equities in the first fortnight of May, largely driven by block deals.…

JK Paper Q4 results: Net profit down 17.9%…

New Delhi: JK Paper Ltd on Tuesday reported a 17.91 per cent decline in consolidated net profit at Rs 92.72 crore for the fourth quarter ended March 2020 due to COVID-19 and subsequent disruptions. The…