Banking

Byju's To Lay Off 2,500 Staffers, Targets Profitability By March

The company is also realigning marketing spending to enhance its global footprint Read more

RBI's Revised ARC Norms: Aircel, RCom Debt Resolution Faces Uncertainty

Reliance Communications, then owned by Anil Ambani, had to shut down its business operations as a result of its high deb... Read more

Anil Agarwal-led Vedanta Group Gets Shareholder Nod To Rejig Capital

The development acquires significance since Vedanta's holding company, Vedanta Resources, will receive nearly 70 per cen... Read more

NBA, Reliance Retail Launch Extensive Range Of Merchandise In India

The National Basketball Association and Reliance Retail announced a multi-year collaboration to launch an extensive rang... Read more

TVS Motor Company Roars Past Hero MotoCorp In Market Capitalisation

TVS has seen the highest earnings upgrades among auto makers over the last few months Read more

Moonlighting A 'question Of Ethics', Says Wipro CEO Thierry Delaporte

Weeks after Wipro fired 300 of its employees for moonlighting, the company's CEO Thierry Delaporte on Wednesday said tha... Read more

HCLTech Revenue Growth Guidance Raised To 13.5-14.5%; Q2 Profit Up 7%

Revenue grows 19.5% to Rs 24,686 crore in Q2 Read more

Byju's Aims For Profitability By March 2023, To Fire 2,500 Employees

Edtech major Byju's has chalked out a plan to become profitable by March 2023 to optimise its marketing and operational ... Read more

Wipro's Q2 Profit Slips 9.2% Amid High Employee Costs; Revenue Up 14.6%

Attrition for the quarter was at 23 per cent, down from 23.3 per cent from last quarter Read more

Govt Scraps Sale Of SAIL's Bhadravathi Plant On Low Bidder Interest

The government on Wednesday scrapped the privatisation of SAIL's Bhadravathi steel plant due to insufficient bidder inte... Read more

Health-tech Start-up Good Health Company Raises $10 Mn In Funding

Hyderabad-based company will use financing to introduce more product categories and expand team Read more

NSDL Acquires 5.6% Stake In Govt's E-commerce Project ONDC For Rs 10 Crore

Leading depository NSDL on Wednesday said it has acquired a 5.6 per cent stake in the Union government's Open Network fo... Read more

India Inc's Q2 Profit May Fall On Commodity Price Pressures: Report

India Inc is expected to report a three per cent year-on-year decline in profits for the July-September period, a report... Read more

VVDN Signs Deal To Make Intel Products For Telecom, Networking In India

Gurgaon-based company is a beneficiary of the government's PLI scheme for IT hardware, telecom Read more

Multiplex Chain PVR's Shareholders Approve Merger With Rival INOX Leisures

Multiplex operator PVR on Wednesday said it has received the nod from its shareholders for the scheme of merger with riv... Read more