ICICI’s profit declines in September

Private sector lender ICICI Bank posted a 6.09 per cent decline in consolidated net profit for the September quarter at Rs 1,131.20 crore. It had reported a net profit of Rs 1,204.62 crore for the July-September period a year ago. Continue Reading

Tata Coffee brews tasty profit; total income rises to Rs 486 crore

Tata Coffee Ltd (TCL) is a subsidiary of Tata Global Beverages Ltd. It is Asia’s largest integrated coffee company, the 2nd largest exporter of instant coffee and the foremost producer of specialty coffee in India. Continue Reading

SBI Life Insurance fined Rs 4 lakh

As directed under the respective charges, the penalty shall be remitted by the life insurer by debiting shareholders’ account within a period of 45 days from the date of receipt of this order, Insurance Regulatory Authority of India (Irdai) said in an order. Continue Reading

Motorola launches moto g 8 plus

Motorola recently launched moto g 8 plus. According to a press release, the phone gives consumers the best-in-class camera experience, an impressive battery, immersive sound and display, plus a stock Android Experience at a price of Rs 13,999. Continue Reading

Audi launches new Audi A6 in India

The model is equipped with a powerful and peppy 2.0L TFSI engine and generates 180kW (245 hp) and 370 Nm of torque propelling the car from 0-100kmph in 6.8 seconds. Continue Reading

Bharti Infra sets 24 Dec as deadline for merger

Telecom infrastructure firm Bharti Infratel on Friday said it has extended deadline for merger of mobile tower company Indus Towers by two months to 24 December while considering regulatory uncertainty looming over the deal. Continue Reading

Toreto launches new speakers

Toreto, Indian audio manufacturer, has launched two new party speakers for Deepavali; Drum Beat and Party 100. The party speakers are distinct from the earlier series of products launched by the company. Continue Reading

Palo Alto Networks releases report

Conducted by Ovum Research, the report shows large enterprises, defined as those with more than 200 employees, are not prepared for cloud-related cybersecurity threats, and more importantly, make the assumption that public clouds are by default secure. Continue Reading

Crompton launches new kitchen fan

Crompton Greaves Consumer Electricals Ltd recently launched kitchen fan – Air Buddy. A press release said it is designed to create a comfortable and convenient kitchen experience, focusing on ease of sweat-free cooking without disturbing gas flames in the kitchen. Continue Reading

Indian Bank’s income spikes by 18% in Q2

Indian Bank increased its operating profit by 26 per cent touching Rs 1502 crore from Rs 1191 crore for the corresponding period last year, and its net profit increased by 139 per cent to Rs 359 crore during the second quarter of the current financial year ended 30 September. Continue Reading