NPAs due to students not paying back their loans spiked to over 10 per cent Mumbai: Despite increasing number of students not paying back their loans spiking NPAs to over 10 per cent, lending continues for higher education with the disbursals topping Rs. 20,000 crore in fiscal 2017, according to a report. Banks and other lenders together disbursed around Rs. ... Read More »
Facebook Hits 1.86 Billion Monthly Active Users as Earnings Surge HIGHLIGHTS Facebook said it made a net profit of $3.7 billion Daily active users went up to 1.23 billion India was a hot market in the fourth quarter Facebook shares bounced Wednesday with word that profit more than doubled in the final quarter of last year, coming back down after ... Read More »
London: European shares advanced on Wednesday, with the technology sector leading the market higher after SAP and ASML Holding reported forecast-beating quarterly results. Shares in SAP, Europe’s largest software company, rose 4.7 per cent as unexpectedly strong growth in high-margin packaged software licenses fuelled its quarterly earnings. Its second-quarter operating profit rose 9 per cent. ASML Holding, a key supplier ... Read More »
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