Treasury gains help ICICI Bank post 10% rise in Q1 profit

Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Photograph: Francis......

Sensex plunges 617 points on profit booking

Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Thursday, continuing their falling streak for the fifth day running due to profit booking amid monthly expiry in the......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

Lower provisions drive ICICI Bank to report 18.5% growth in Q4

ICICI Bank on Saturday said its March quarter consolidated net profit grew 18.5 per cent to Rs 11,672 crore, helped by lower provisions. Photograph: Shailesh Andrade/Reuters On a standalone......