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Banking

Robust demand for Room ACs during festive: Blue Star

ieeditor -
In second quarter of FY27, the extended summer season resulted in robust demand for Room ACs and it helped the company to post a...
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Reliance FMCG arm expands biscuit portfolio in TN

ieeditor -
Tamil Nadu is a key market for RCPL’s biscuit business. With increased production capacity and an expanded portfolio, the company aims to build scale,...
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Insolvency proceedings against Polycab set aside

Sanjay Vijayakumar -
National Company Law Tribunal, Ahmedabad Bench, had admitted the insolvency proceedings filed against Polycab via order dated 7 October. The petition was filed by...
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Banking

Canara Bank sees Rs 10,000 crore impact from ECL regime

Sanjay Vijayakumar -
“Total requirement will be Rs 10,000 crore. And it can be staggered to four years. And our profit is in the range of Rs...
Banking

Canara Bank to extend Rs 20,000 crore under credit scheme

Sanjay Vijayakumar -
“We have already identified accounts where our exposure is Rs 90,000 crore and we will be extending about Rs 18,000-20,000 crore,” he said in...
Banking

TN industrialists have shown resilience, says KVB MD

Sanjay Vijayakumar -
He was responding to a question about the current political situation in Tamil Nadu, with uncertainty over government formation post the assembly election results. “The...
Banking

Federal Bank eyes select Stanchart credit card biz

k T Jagannathan -
The two have decided to sign soon an agreement to this effect. The transaction, upon completion, will expand Federal Bank’s credit card base and significantly...
Banking

Cholamandalam Q4 net up on higher disbursements

ieeditor -
The company posted a net profit of Rs 1,641 crore in the fourth quarter of FY 2026, when compared to Rs 1,267 crore in...
Banking

Federal Reserve holds rates steady

k T Jagannathan -
As was anticipated, it kept the rates steady at a range of 3.5 per cent to 3.75 per cent. The decision, however, was not...
Banking

IOB chief sees credit growth to be subdued in FY27

Sanjay Vijayakumar -
The bank is expecting 12-13 per cent credit growth and 14-15 per cent deposit growth in FY2027, amid the West Asia tensions, he said...
Banking

Change of guard at City Union Bank

Sanjay Vijayakumar -
“Despite ups and downs and economic downturns, these 15 years have given me satisfaction in terms of all-round growth,” Kamakodi said at a media...
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Consumer durables

Robust demand for Room ACs during festive: Blue Star

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In second quarter of FY27, the extended summer season...
FMCG

Reliance FMCG arm expands biscuit portfolio in TN

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Tamil Nadu is a key market for RCPL’s biscuit...
Corporate

Insolvency proceedings against Polycab set aside

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National Company Law Tribunal, Ahmedabad Bench, had admitted the...
Information Technology

DHL IT arm opens new facility in Chennai

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The facility expands capacity in India and It will...
Banking

September Credit Card Spending Down 5.9%: Report

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Credit card spending fell 5.9 per cent year-on-year (y-o-y)...

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