Microsoft To Close Retail Stores Permanently, Take $450-million Hit
Microsoft closed its 83 stores, most of which are in the US, in late March due to the Covid-19 pandemic Read more
Johnson-Hitachi To Halve Imports, Double Exports Over Next 1 Year
The move comes amidst the shrill calls for boycotting Chinese goods following violent skirmishes on the Leh border earli... Read more
MakeMyTrip's Loss Widens 8 Times To $338 Mn In Q4; Revenue Falls 12.7%
MakeMyTrip recorded a loss of $338.6 million for the quarter ended March 31, 2020 compared to a loss of $40.4 million in... Read more
Astrazeneca Leading In Covid-19 Vaccine Race, Moderna Not Far Behind: WHO
Soumya Swaminathan said that Moderna's Covid-19 vaccine candidate was also not far behind Astrazeneca's, among more than... Read more
Microsoft To Close All Offline Retail Stores, Take $450 Million Hit
The Redmond, Washington-based software giant said would continue to serve customers online, with team members working re... Read more
India's Aerospace Start-ups Eye Rocket Launches And Planetary Missions
Private firms being allowed to build facilities and work within Isro's premises will throw big opportunities for country... Read more
Nalco's FY20 Pre-tax Profit Tanks 93% To Rs 226 Cr As Alumina Prices Sag
Intermittent disruptions in coal supply had forced Nalco to buy costlier power from Odisha grid which had a telling impa... Read more
Adani Power Gets Shareholders' Approval To Raise Up To Rs 2,500 Cr
The shareholders also approved a proposal to have flexibility to infuse additional capital, to tap capital markets and t... Read more
Sun TV Network's Q4 PBT Dips 27.5%; Subscription Revenues Rise 25%
While, the total income declined 17 per cent to Rs 818.81 crore as compared to Rs 986.50 crore registered a year ago Read more
Brookfield To Acquire Jet Airways' Mumbai Office For Rs 490 Crore
According to real estate experts, the price quoted by Brookfield is fair value given the current market conditions. Bro... Read more
Mukesh Ambani Pushes For Clean, Affordable Energy; Tech To Decarbonise
"It's not only imperative for us to be net carbon zero but I think that we should opt to recycle carbon," Ambani said. Read more
South Indian Bank Posts Q4 Loss Of Rs 190 Cr, Income Grows To Rs 2,342 Cr
The bank made a one time provisioning of Rs 255 crore on some large value non performing assets (NPA) it sold to an asse... Read more
Cyclone Prone Odisha To Build Rs 19,000-cr Disaster Immune Power Infra
Projecr to be taken up in a staggered manner over three years, will initially cover four coastal districts Read more
Sterlite Power Buys PFC Consulting's Transmission SPV For Undisclosed Sum
The acquisition is part of a project win, which Sterlite bagged through competitive bidding Read more
Covid-19 Impact: India's Software Market To See 3.8% Growth In 2020
Segments such as robotic process automation and model-driven application platform are expected to witness growth in the ... Read more