A listed company rarely operates alone. Behind it can sit a web of subsidiaries, step-down entities, associates, overseas arms, and special...

Pop icon Britney Spears faces legal challenges after being charged with a misdemeanor count of driving under the influence of alcohol and d...

Acquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...

Australian shares saw a modest rise on Monday. Investors remained cautious, awaiting developments in the Middle East conflict. Hopes for a ...

Walt Disney has reported significant non-cash write-downs totaling approximately $2 billion for its India portfolio across fiscal years 202...

The report also said private sector banks are better placed to reap the benefits of recovery and will continue to increase their market sha...

The bank posted a net profit of 3.81 billion dirhams ($1.04 billion) for the year ending Dec. 31, down from a net profit of 5.24 billion di...

The diversified financial services player had reported a net income of Rs 232 crore in the year-ago period.

Europe's biggest bank by assets said profit before tax came in at $3.21 billion for January-March, down from $6.21 billion a year ago and b...

The brokers will have to value the mutual funds as stock in trade and take an asset write-off.

Before Tata Motors, the record of worst quarterly profit was held by IOC for over 6 years.

The impairment reflects the high price that Vedanta paid for Cairn India at the peak of the oil and gas cycle, when Brent crude prices exce...

The bleeding domestic aviation sector is likely to continue facing funding crunch and could also be affected by prevalent policy uncertaint...

British bank Barclays announced Friday that its net profit soared 29 per cent in the first quarter of 2010.

British banks led by HSBC and Standard Chartered have an exposure of close to USD 50 billion in Dubai's debt worries, which is one of the h...

More and more foreign banks are discovering that doing business in the Indian retail loan market is akin to skating on thin ice. Check tele...

Standard Chartered took a $97 million writedown on the value of assets tarnished by the financial crisis, but said it had a strong start to...