Banking

ONGC Awards 49 Marginal Fields Across Four States To Seven Bidders

Industry players say a major drawback of the bid was that ONGC sought partners who could raise output beyond a pre-agree... Read more

We Collect 8 Trn Threat Signals Daily, Says Microsoft's Ann Johnson

The top cybersecurity expert at the tech giant says that in India, between February 2 and May 2, 2020, Microsoft's detec... Read more

Hike GST, But Allow Input Tax Credit For QSRs That Employ Many: Amit Jatia

In a Q&A, Vice-Chairman of Westlife Development which operates McDonald's in West and South India, says his outfit h... Read more

Zomato Lays Off 500 Employees, Slashes Salaries As CEO Blames Coronavirus

Those impacted will get emails for a zoom call with the leadership team within the next 24 hours. Read more

Covid-19 Impact: Non-Life Insurance Premiums Fall More Than 10% In April

Claims have also not risen sharply both in motor and health, giving some respite to insurance companies Read more

Coronavirus Vaccine Not Coming For At Least 2 Years: Novartis Global CEO

A vaccine must be widely tested in humans before being administered to hundreds of millions, say experts Read more

Repayments May Get Delayed If Unitholders Don't Authorise Trustees: FTMF

The fund house re-iterated that the reason for winding-up the six schemes was to preserve the value for unitholders and ... Read more

MakeMyTrip Partners Premium Hotels To Launch Online Delivery Service

With dine-in experiences coming to a halt due to the coronavirus pandemic-triggered lockdown, the company aims to bring ... Read more

Vivo Arm Sends Memo On 50% Pay Cut

It's an internal letter, no final decision yet, says the firm Read more

Lufthansa, Swiss To Resume Flights To Mumbai From Frankfurt, Zurich

Lufthansa group's senior director (sales), South Asia, George Ettiyil said the decision reflects the robust demand for f... Read more

Antiviral Drugs See Demand Surge In India, But Segment Declines 5.5%

Data from market research firm AIOCD-AWACS shows that sales of oseltamivir (common brand Tamiflu), used against the infl... Read more

Manappuram Finance Posts 30% Growth In Profit Before Tax In Q4FY20

Profit before tax from gold loan and others grew 44.5 per cent to Rs 459.47 crore during the quarter, as compared to Rs ... Read more

Uber Ramps Up Distribution Of PPE Kits, Starts Safety Awareness Campaign

Uber said it had sourced more than 3 million three-ply face masks, 1.2 million shower caps, 200,000 bottles of disinfect... Read more

Domestic Aviation Sector Will Need Extra Rs 35,000 Cr Between FY21-23: ICRA

In the forecast, Icra has included an aggregate of all the five private sector players -- IndiGo, SpiceJet, GoAir, Vista... Read more

Intellect Design Arena Launches ITurmeric Fincloud Through IBM Cloud

The initiative will support onboarding to the IBM financial services-ready public cloud, including guidance through a pr... Read more