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SC verdict may wipe out AMRI's entire profit

The Supreme Court order asking Kolkata-based Advanced Medicare and Research Institute Hospital to pay Rs 5.96 crore as compensation for medical negligence could wipe out an entire year’s......

Valuation of top IT firms way above earnings growth trend

Combined m-cap of top five firms up 87% since March ‘20, against 6.2% net profit growth in FY21. India’s top IT companies have shown a hiatus between their performance on the bourses......

Over 70% IPOs delivered gains on listing day in FY21

The listing day gain-to-loss ratio for FY21 was 71 per cent, the highest since FY17, when it was 85 per cent.Sundar Sethuraman and Samie Modak report. Illustration: Uttam Ghosh/Rediff.com  ......

Nationwide strike hits banking services of PSBs on Day 1

Banking services such as cash withdrawals, deposits, cheque clearances and remittances were impacted across public sector banks (PSBs) on Monday, with around 10 lakh staffers joining a two-day......

Slowdown in remittances is bad news for economy

Remittances growth is muted due to "structural" reasons which will hamper consumption demand locally, a report said on Thursday. "...the muted external remittances growth is more of a structural......

Post-COVID war chest: Tata Steel plans to raise up to Rs 10,000 crore

A bleak demand outlook for steel in the domestic as well as global market is also another reason Tata Steel may be looking to have additional liquidity as margins are expected to take a hit in the......
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