Banking

Bank Of Maharashtra Board Okays Raising Rs 3,000 Cr Via Equity, Bonds

The board also gave its approval to additional fundraising of Rs 1,000 crore through Basel-III-compliant tier-I and -II ... Read more

Uttarakhand High Court Issues Notice To Centre On Ashok Leyland's Petition

The high court directed the Union government to file a counter affidavit and rejoinder while listing the matter after fi... Read more

Auto Component Sector FY21 Revenue May Fall 14-18% Over Weak Demand: ICRA

ICRA expects recovery of the auto components sector to be gradual and slow-paced, with the industry pinning hopes on rev... Read more

Green Shoots Seen In June Pharma Sales As Domestic Market Grows 2.4%

The turn around follows deep decline in sales in the preceding months; July sales likely to be flat Read more

Tata Motors Q1 Global Sales Fall 64%; Passenger Vehicle Sales Dip 49%

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q1FY21 were at 11,598 units, lower by... Read more

Natco Pharma's Canadian Unit, Celgene Sign Pact For Cancer Treatment Drug

Lenalidomide drug is used to treat various types of cancers by slowing or stopping the growth of aberrant cells Read more

Moody's Confirms JSW Steel's Ba2 Ratings With Negative Outlook Due To Covid

Moody's expects JSW's leverage will increase to an estimated 6.4x by the end of fiscal 2021 Read more

Reliance To Load Venezuelan Oil Cargo Under Fuel Swap Deal: Report

Washington has exempted some Venezuelan oil trade from sanctions, when transactions are in exchange for fuel and food or... Read more

Clear Long-pending Dues Immediately: Air India Pilot's Body To Aviation Min

Pilots tell the national carrier that any pay cut has to be across the board and it has to match market standards. Read more

Covid-19 Crisis: Race To Develop Vaccine Gets A Booster As Field Widens

On Thursday, CDSCO also approved Zydus Cadila's plasmid DNA vaccine candidate ZyCoV-D, developed at its Vaccine Technolo... Read more

Uber Shuts Mumbai Office As Part Of Restructuring; Services To Continue

When contacted, an Uber spokesperson said, 'Uber continues to provide a high level of service to all its riders in Mumba... Read more

Hammered By Covid-19 Pandemic, Air France Announces 7,500 Job Cuts

Activists from multiple unions protested at Air France headquarters at Paris' Charles de Gaulle Airport as talks began F... Read more

Covid-19 Impact: Oyo Sends Letter Granting ESOPs To All Employees

The move comes as Oyo decided to lay off a large number of its employees in the US last week but reward them with stock ... Read more

SoftBank Stock Bounces To 2020 Peak As Buyers Look Beyond WeWork

The stock rose 2.6 per cent on Friday to 5,778 yen ($54), the highest since July 2019 Read more

Sebi Notifies New Regulations For Registered Investment Advisers

The new norms would require mandatory segregation of advisory and distribution activities at client-level to avoid confl... Read more