IDBI Bank back in black in FY21 after five years

The bank expects to grow loan book by 10 per cent in the current financial year with calibrated exposure to corporate accounts and thrust on the retail segment. IDBI Bank turned profitable in FY21......

Infrastructure push: Higher expenditure yet to reflect in top line

The combined net sales of 42 listed construction and capital goods companies that have declared their third-quarter results so far were down 2.3 per cent year-on-year in Q3FY21 while core operating......

Q1FY24 results: Revenue growth of early birds at a 10-quarter low

The Q1FY24 earnings season has started on a dismal note for corporate India. Illustration: Dominic Xavier/Rediff.com The early-bird companies’ revenue growth has been at a 10-quarter low,......

Information technology companies battle revenue slowdown, margin decline

The Nifty IT Index, the gauge for the performance of information technology (IT) stocks, was the worst performer on the stock exchanges on July 29, a day after Infosys posted lower-than-expected......