IDBI Bank’s net profit rose 49 per cent at Rs 771 crore for the fourth quarter ended March 2012, on better growth in fee-based income and lower provision for bad loans. Its net profit for

South Korea’s Hyundai Motor plans to aggressively raise auto sales in Europe this year even as growth falters globally, saying the difficult market situation there offers an opportunity to

Information technology services company iGate has posted a flat growth in its net profit at Rs 70 crore ($14.3 million) for the quarter ended September 30 on account of high interest costs.

France’s biggest listed bank BNP Paribas slashed its exposure to Greece, Italy and Spain by more than euro 12 billion ($16.6 billion) in a bid to protect its balance sheet as the euro zone

Dutch financial services group ING is to cut 2,700 staff and contract jobs, it said on Thursday in announcing third-quarter results, slashing the headcount at its Dutch retail banking operations by