IDBI Bank Back in Black in FY21 After 5 Years, Posts Profit of Rs 1,359 Crore
LIC-controlled IDBI Bank turned profitable in the fiscal ended in March 2021 after five years, posting a net profit of Rs 1,359 crore for the
Category: Business
China readies Tencent penalty in antitrust crackdown
China is preparing a substantial fine for Tencent Holdings (0700.HK) as part of its sweeping antitrust clampdown on the country’s internet giants, but it is
Samsung sees chip profits up, mobile profits down in Q2 on chip shortage
Samsung Electronics Co Ltd (005930.KS) said on Thursday it expects chip profits to rise in the second quarter as customers seek to secure stock amid
StanChart to cut branch network in half, quarterly profit beats expectations
Standard Chartered PLC (STAN.L)is to reduce its global branch network by half to around 400 to cut long-term costs after the British bank reported a
French watchdog warns of big tech’s sway over payment services
Digital payment services developed by U.S. tech giants such as Apple (AAPL.O) and Alphabet’s Google (GOOGL.O) risk reinforcing their market power by giving them greater
U.S. solar industry unveils guidelines to free supply chain of forced labor
The top U.S. solar industry trade group on Thursday issued a set of voluntary guidelines to solar panel manufacturers that it said could help rid
Shell raises its dividend as profits surge
Royal Dutch Shell’s (RDSa.L) profits leapt to $3.23 billion in the first three months of the year and the energy company raised its dividend as