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Bank of Maharashtra Q2 net profit jumps over four-fold to Rs 114.66 crore

It reported profit before tax (PBT) at Rs 751.78 crore for the second quarter (Q2) ended September 30 (Q2FY20), down from Rs 794.34

IMFA posts Rs 33 crore loss in Q2 on depressed ferro chrome prices

IMFA's muted performance in Q2 of this fiscal is in contrast to the net profit of Rs 10.66 crore it achieved in the comparable period of last fiscal year

Kerala Startup Mission, UK fintech firm tie up to help local enterprises

Pact is aimed at creating an open-innovation ecosystem and solutions for future financial services in retail banking, transaction banking, lending and treasury and capital markets

Reliance Jio unveils new plans with bundled in interconnect usage charges

The new plans come with 2GB free daily data, with free unlimited Jio-to-Jio voice calls

Airbnb partners Jaipur NGO for local experiences, promotes women employment

The initiative is part of the "experiences" category of Airbnb

JP Morgan commits to invest $25 million in skill development in India

This is part of the consultancy's $350-million global commitment over five years

Water management startup WEGot raises $2 million in seed funding

The capital will be used predominantly to strengthen its IoT enabled product portfolio and scale its presence in India

Loan repayment case: Altico Capital, AU Small Finance Bank reach settlement

Altico, a lender focused on real estate finance, had availed of a term loan of Rs 62 crore from the bank which AU SFB recalled earlier

FM Nirmala Sitharaman defends govt's policies after husband's remarks

In the article, Prabhakar said the BJP should adopt the Rao-Singh economic model, which paved the way for liberalisation of the economy, instead of "critiquing the Nehruvian socialism"

Maharashtra and Gujarat lead 40% year-on-year spike in RERA registrations

Altogether, five states account for a significant 81% share, with 36,576 out of 45,307 projects registrations as on October 5

YES Bank completely exits Fortis Healthcare, sells 6.6% stake in bulk deal

YES Bank had become Fortis's biggest shareholder with an approximate 17% stake

Jindal Steel's import brings first Capesize vessel to Gopalpur Port

Essar Shipping-owned vessel carries 105,000 tonnes of limestone for JSPL; Gopalpur is undertaking an expansion plan entailing dredging of the channel to enable it to receive large ships

Auto crisis: Business condition is becoming 'critical', says Toyota

It has announced no production for four days at its factory in Karnataka, due to market conditions. There will be no production at plants I and II on October 3, 4, 5 and 9

Budget carrier GoAir's Chief Financial Officer Sanjay Gupta resigns

GoAir has seen a churn in its senior management in the past and its CEO Cornelis Vrieswijk resigned in February

India's current account deficit narrows to 2% of GDP in June quarter

Private transfer receipts, mainly representing remittances, rose 6.2 per cent to $19.9 billion

Sensex falls 155 points, Nifty below 11,500 amid turmoil in financial space

The performance of banking and financial stocks was a big drag on the markets, even as gains in technology, consumer goods and oil stocks helped offset most of the losses

Sundaram-Clayton declares October 1 as non-working day for major plants

In August, the company had announced that its major plants would work only five days in certain weeks of the month

Apollo Hospitals signs MoU with Samsung's spinoff Wellysis for cardiac care

Apollo has set up 40 cardiac command centres at its hospitals and any doctor across the country can gain access to the knowledge and experience of 300 cardiologists in the group's ecosystem

National Stock Exchange system hit by glitch in final minutes of trade

Sources said the exchange is looking to ascertain the reason for the glitch. Some officials said the problem occurred due to a connectivity issue with one of the internet services providers, Sify

Madhukar Kamath elected chairman of the Audit Bureau of Circulations

Kamath has also been the president of Advertising Agencies Association of India