Banking

Covid-19 Threat Forces JSW Steel To Reduce Workforce At Karnataka Plant

Nearly 11,000 migrants workers are not being allowed to enter the 12-million-tonne facility Read more

Hit By Covid-19 Pandemic, Emami Q4 Pre-tax Profit Dips 81.7% To Rs 15.38 Cr

This is one of the steepest declines in the firm's near-50-year history; Revenue down 16.81% to Rs 532.68 cr Read more

Auto, Pharma Cos To Continue With Chinese Imports Till Alternatives Emerge

In 2018-19, India imported auto components worth $17.6 billion, of which 27 per cent -- $4.75 billion -- were from China Read more

Facing Zero Sales, Reliance Brands Pushes Direct Sales To Rope In Business

Video-calls, whatsapp catalogues, tailored web-parties tap customers Read more

Covid-19 Threat Forces JSW Steel To Curtail Workforce At Karnataka Plant

Nearly 11,000 migrants workers not allowed to enter 12-million-tonne facility Read more

Apparel Retailers' FY21 Revenue May Fall 30% Due To Covid-19: Crisil Report

Demand is expected to recover to pre-lockdown levels only during the October-December festive season, it added Read more

Banks Go For Stress Test To Assess The Impact Of Covid-19 On Bad Loans

Banks have undertaken stress tests to assess the level of non-performing assets caused due to economic slowdown triggere... Read more

Emami's March-quarter Net Profit Down 59.5% To Rs 23 Crore

Homegrown FMCG firm Emami Ltd on Friday reported a 59.44 per cent decline in its consolidated net profit to Rs 22.75 cro... Read more

Covid-19 To Shrink India Enterprise Software Market Growth To 3.8% In 2020

The disruption cased by Covid-19 would cause a significant decline in India's enterprise software market this year, tape... Read more

Ashok Leyland Starts 'Project Reset' To Improve Efficiency Across The Board

Company foresees demand picking up, asserts it has not laid off anyone Read more

Xiaomi Puts 'Made In India' Banners To Cover Branding At Stores

Chinese handset maker Xiaomi has begun covering its retail store branding with 'Made in India' logo in white colour amid... Read more

Sweden's H&M Swings To Deep Loss As Sales Go Down 50% Due To Covid-19

Pretax loss was 6.5 billion crowns ($695 million) against a year-earlier profit of 5.9 billion. Analysts had on average ... Read more

SC Dismisses Anticipatory Bail Of DHFL Promoters In YES Bank Case

The Wadhawans, now arrested, have challenged the Bombay High Court's May 12 order rejecting their plea for pre-arrest ba... Read more

Amazon Agrees To Buy Self-driving Startup Zoox For Over $1 Billion: Report

The report did not mention the exact purchase price and added Amazon is unlikely to disclose it when the deal is announc... Read more

Asia Pacific Telecoms On Course For Muted Growth, 5G Delays: Fitch

However, credit risk remains manageable, reflecting the sector's resilience during the coronavirus pandemic Read more