Voda Idea's Viability Remains Clouded Despite Near-term Liquidity Support
'Longer term viability of VIL continues to remain under cloud,' noted Credit Suisse in a report Read more
Drug Shortages In US Market, Compliance Gains Positive For Pharma Exporters
Shortage of drugs in the US market is at five-year highs Read more
Govt To Suspend Up To 1-year IBC Provisions That Trigger Insolvency Cases
The sources said an ordinance would be promulgated to suspend three sections of IBC for up to one year and a decision in... Read more
Telecom Infra Players Urge States To Reduce Power Tariffs Amid Coronavirus
The industry body has written letters to 26 states and two union territories seeking relief Read more
ArcelorMittal India FY20 Steel Output At Record Level Of 7.23 Mn Tonnes
Production up 5% from last year despite challenging economic conditions, including Covid-19 fallout Read more
Gilead's Antiviral Drug Remedesivir Being Made In India On Trial Basis
Local drug makers start developing patented drug as govt too wishes to try it on Indians Read more
IndiGo Reverses Plan To Cut Salaries Of Employees, Drops March Decision
IndiGo is the best positioned airline to withstand the crisis created by lockdown to contain the coronavirus. Read more
Covid 19 Fallout: Faced With Existential Crisis, Hotels Re-imagine Business
Executive lounges with happy hours and complimentary hors d'oeuvre, free pickups, and complimentary laundry that have be... Read more
S&P Lowers Future Retail's Issuer Credit Rating From 'B-' To 'CCC-'
Operating cash-flows to stay weak for two months Read more
SpiceJet Lessors In Talks To Reclaim Planes Over Missed Payments: Report
One of the leasing companies started to pull out a few planes earlier this year after SpiceJet failed to pay maintenance... Read more
Pioneer Deal With Carlyle Dead
Pioneer Credit and private equity firm The Carlyle Group have terminated their proposed scheme of arrangement, which wou... Read more
People Have Reduced Buying Frenzy: Spencer's Retail's Shashwat Goenka
Supply chain for essential items has been ensured in the country, says Shashwat Goenka, sector head for FMCG & Retai... Read more
Zoom Not A Safe Platform, Says MHA Advisory; SpaceX, Google Ban Use
The advisory further gives detailed instructions on the safe use of the platform including security configurations throu... Read more
'Can Promise' Morgan Stanley Will Miss Medium-term Financial Targets: CEO
The last of the big US banks to report first-quarter earnings, Morgan Stanley said its profit slumped by 30% and it miss... Read more
E-pharmacies Ramp Up Hiring As Orders Grow Two-fold Amid Covid-19 Lockdown
Gurugram-based 1mg, for example, is looking to immediately hire 500 people and another 1,000 over the next 2-3 months Read more