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FM seeks additional Rs 2.35 lakh crore to meet expenses

 Union Finance Minister Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2.35 lakh crore, which include cash outgo of Rs 1.66 lakh crore, primarily to meet......

SpiceJet plans to lay off 1,000 people

 Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft......

Net profit of listed commercial banks seen growing 44% in Q1 FY24

 Benefiting from higher credit off-take and loan repricing, listed commercial banks are expected to post 43.9 per cent year-on-year (YoY) growth in their net profit in the quarter ended June 30......

Bandhan Bank disappoints Street in Q1; analysts 'positive' on the stock

 Quite a few analysts are maintaining a 'buy' rating on the bank but they have downgraded earnings and RoA (return on assets) expectations and target prices. Devangshu Datta reports. Photograph:......

Go First bankruptcy: IndiGo, SpiceJet good momentum plays, say analysts

 Wadia Group-owned Go First Airways’ (Go First) insolvency plea could trigger a 'momentum rally' in shares of rival airlines, Interglobe Aviation (parent company of IndiGo) and SpiceJet, as......

Sitharaman extends ECLGS scheme for MSMEs till Mar 2023

 The Emergency Credit Line Guarantee Scheme (ECLGS) that provided much needed additional credit to over 1.3 crore MSMEs will be extended till March 2023 with its guarantee cover expanded by Rs......

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