Business

Kotak Mahindra Bank Q4 Profit Jumps 15% To Rs 1,124 Crore

Net interest income for the quarter rose 19 per cent from a year ago to Rs 258 crore.

Mumbai: Kotak Mahindra Bank Ltd reported a 15 per cent rise in fourth-quarter net profit on higher interest and fee incomes and as its bad loans fell.

Net profit rose to Rs 1,124 crore ($169.34 million) for the three months ended March 31 from Rs 976 crore a year

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650 India Post Payments Bank Branches To Start By May, Says Manoj Sinha

India Post Payments Banks would help the government's plans of financial inclusion

Bhopal: Union Minister of State for Communications Manoj Sinha today said that as many as 650 branches of the India Post Payments Bank are likely to be operational across the country by next month. He said that the work of system integration of the payments bank had
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IRCTC SBI Cards Offer Cash Back On Indian Railways Ticket Bookings

IRCTC's new value back offer is applicable only for AC (Air Conditioner) classes.

Indian Railway Catering and Tourism Corporation (IRCTC) is offering 10 per cent value back as reward points on tickets booking done via IRCTC State Bank of India (SBI) platinum credit card, informed IRCTC on its official twitter handle- @IRCTCofficial. IRCTC's new
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Airtel's Rs 129 Plan Offers Hello Tunes, Data Benefits For 28 Days

The recharge plan is seen as move to counter Reliance Jio's plans of Rs 98 and Rs 149

Airtel has launched a new prepaid plan priced at Rs 129 with an eye to take on its rival Reliance Jio. Since the arrival of Mukesh Ambani-owned
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SC To Examine Plea Challenging High Court Order Quashing Case Against Builders

SC to examine plea challenging HC order quashing case against builders

New Delhi: The Supreme Court has agreed to examine a plea challenging an order of the Allahadbad High Court by which it quashed criminal proceedings against Noida-based real estate builders. A bench of justices Arun Mishra and U U Lalit issued notice on a plea filed by a buyer,
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Airtel's Most Favourite Recharges: Plans Priced at Rs 50, Rs 249, Rs 349

Airtel's prepaid plan priced at Rs 50 offers a talktime of Rs 39.37.

Bharti Airtel is currently offering a bunch of prepaid recharge plans with different data and calling benefits. Among these, there are a few of the prepaid
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Sensex, Nifty Register Best Month In Over 2 Years

IT stocks rose, with the BSE Tech index rising 1.5 per cent

The Sensex and Nifty rose to near three-month highs today, extending their gains to a third session in a row. With that, both the indices posted their biggest monthly gain in over two years. Financials and technology shares led the advances, with

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Airtel Enables You To Win An iPhone 8 Every Day In The IPL Season

To be able to participate in Airtel 4G contest, one can log in to t20onairtel4g.com

If you take a selfie along with an Airtel 4G sim and share it on the social media, you stand a chance to win an iPhone 8, announces Bharti Airtel on its twitter handle. India's largest telecom provider Bharti Airtel has announced the
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Mumbai: Fortis Healthcare on Saturday said that its Board will meet on May 10 to consider the recommendations made by its "expert advisory committee" (EAC) which has been set-up to evaluate all binding proposals for fund infusion.

As per a regulatory filing, the company informed the stock exchanges that its EAC will now consist of two members "who

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PC Jeweller To Consider Share Buyback, Stock Up 18% Before Giving Up Gain

PC Jeweller is the second largest listed jewellery retailer in India

PC Jeweller share price soared as much as 18 per cent on Monday, a day after the company announced its intent for a share buyback. PC Jeweller share price rose to hit an intraday high of Rs 209.70 on Monday, before giving up the gains in late morning deals. PC Jeweller shares have
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IRCTC Tourism Offers Courtallam Thenmala Package for Rs 6,000 Onwards

For twin sharing, the standard package charges are Rs 8,000

As the summer vacation draws closer, IRCTC offers a four-night and five-day trip covering Courtallam and Thenmala for Rs 6,000 and above, depending on the comfort you
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IRCTC Offers 4 Nights/5 Days Train Tour Package From Rs 6,440

This package is valid till September 30, 2018.

Indian Railway Catering and Tourism Corporation (IRCTC) is offering 4 nights/5 days 'Ooty Mudumalai' tour package at a starting price of Rs 6,440 under a special offer. According to the official website of IRCTC Tourism (irctctourism.com), this package is called as 'Ooty Mudumalai Package' and covers
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NPS Could Offer Option To Invest Up To 75% Of Your Money In Stocks

NPS: One proposal under consideration is to boost the limit for private sector employees to 75 per cent

India's $2.3 trillion equity market has surged in recent years, and is about to get a new endorsement - from the nation's pension regulator. "We are pressing the government to increase the equity proportion for
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Small investors who are keen to make hay during the rising financial markets, but lack the risk appetite, can, and in fact should, park their money in the corporate debt instruments instead of bank fixed deposits. These debt instruments, also known as Non-Convertible Debentures (NCDs) are attractive investment
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Airtel's Prepaid Recharge Plans: Rs 219 Vs Rs 249 Rs 349 Vs Rs 549 Vs Rs 799

Airtel's Rs 219 offers prepaid recharge plan is valid for 28 days.

Bharti Airtel recently revised many of its prepaid plans and also announced a slew of new prepaid recharge plans. Airtel launched prepaid plans priced at Rs 219
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How To Update Aadhaar Number On Ration Card

Aadhaar card is an identification card containing the 12-digit UID, also known as Aadhaar number

Aadhaar holders availing subsidised products through PDS or Public Distribution System can update their Aadhaar number on the ration card. The UIDAI or Unique Identification Authority of India, the issuer of Aadhaar
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Jet Airways, AirAsia, GoAir Offer Discount on Flight Tickets. Prices, Schedule Here

GoAir has announced discounts on flight tickets on select routes under a new promotional offer.

Amid high competition, airlines regularly keep on showering discount on flight tickets these days. Currently, AirAsia, GoAir and Jet
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Jio's Offer: How To Avail Rs 2,200 Cashback On Rs 999 JioFi 4G Hotspot

Cashback will be instantly credited into customer's MyJio account.

Reliance Jio has launched a new exchange offer for customers looking to buy a WI-Fi dongle or modem, according to a statement released by the company. Under this limited period offer, Reliance Jio customers can avail an instant cashback of up to Rs 2,200 on purchase of new JioFi 4G
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Rupee Vs Dollar: Forex Markets Closed For Buddha Purnima Holiday

The dollar rose against a basket of currencies recently, causing weakness in the rupee

The interbank foreign exchange market is closed on Monday for the Buddha Purnima holiday. The rupee had recovered by nine paise to close at 66.66 against the US dollar last Friday. However, for the week, it shed a

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Things You Could Do Using Your SBI ATM Cards

SBI ATMs can also be used to pay the utility bills.

State Bank of India (SBI) offers around 43,000 ATMs (Automated Teller Machines) in India, said country's largest lender on its official website. SBI's ATM cards allow users to transact free of cost at any State Bank Group using any State Bank ATM-cum-debit

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Idea Cellular Reports Net Loss Of Rs 962 Crore In Q4

Idea said its merger with Vodafone Group Plc's Indian unit was likely in the first half of 2018.

Idea Cellular Ltd, India's third-biggest telecoms carrier, posted a sixth straight quarterly net loss that was narrower than
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Banks To Be Closed Today, Tomorrow In Many States

Bank holiday: Customers should check with their bank on the days whether it is open on any of these days

With holidays such as Buddha Purnima and Maharashtra Day lined up this week, banks in many states will be closed on both
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Mumbai: Macro-economic data points, coupled with fourth quarter (Q4) earning results, are expected to influence the Indian equity markets during the upcoming truncated week. According to market observers, the US Fed's open market committee meet along with the trajectory of global crude oil prices and the rupee's movement against the US dollar can
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Types Of Loans Offered By SBI Explained Here

SBI offers loans for financing new car where interest is calculated on daily reducing balance.

State Bank of India (SBI) offers a variety of loans under personal finance solutions to satisfy varying needs of the banking public.
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Petrol, Diesel Rates Unchanged For 6th Day. How Much They Rose This Month

Domestic petrol and diesel prices are determined broadly by global crude oil and rupee-dollar forex rates

Petrol and diesel prices were kept steady today. That marked a sixth day in a row of no change in prices. Currently, petrol prices are at Rs 74.63 per litre in Delhi, Rs 77.32 per litre in Kolkata, Rs

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New Delhi: Almost a year after the Real Estate Regulatory Act (RERA) was enacted, its implementation is still patchy, with a permanent regulator missing in most states. The result is that buyers still have not got a clear roadmap and builders continue to sell distant dreams. Among 29 states in the country, only Maharashtra, Madhya Pradesh and
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Change Your Boarding Station Online Via IRCTC Website. Steps Here

Boarding point change is not allowed if ticket is seized, said IRCTC.

Indian Railways passengers can change their boarding station from Indian Railway Catering and Tourism Corporation (IRCTC) e-ticketing website online, informed IRCTC in a tweet posted on its official handle. There are chances when the passenger may wish to board train from another
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Sensex Rises Over 200 Points, Nifty Crosses 10,750

Nifty faces resistance at the 10,750-10,800 band, says an expert.

Indian markets moved higher in early trade today with Sensex rising over 200 points while Nifty crossing the 10,750 mark. Financials led the gainers with SBI and HDFC rising nearly 2 per cent. Macro-economic data points, coupled with fourth quarter (Q4) earning results, are expected
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Saudi Aramco Appoints First Woman To The Board

Appointments to the new 11-member board of directors are made by the Saudi government.

Dubai: Saudi Aramco, the world's top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive, a milestone for Saudi Arabia and the oil industry where there are few women executives. The
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Flipkart Offers No Cost EMI On Mobile Phones. Details Here

The minimum transaction amount to avail this offer is Rs 10,000.

Flipkart has announced a 'No Cost EMI (equated monthly installments)' offer on select smartphones purchased from its online website/app, said country's largest
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