Banking

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

Insurance Firms Looks To Bridge Online Trust Deficit Amid Covid--19 Crisis

With customers caught in a swirl of panic and fear, life insurance companies are looking at confidence building measures... Read more

Coronavirus Impact: TCS Not To Retrench Employees, Freezes Salary Hikes

The company reported a healthy profit jump for the March quarter, but hinted at very difficult time in the first two qua... Read more

UP Allows 9 Industries To Operate At 50% Capacity Amid Covid-19 Lockdown

These industries include cement, steel, chemical, textile barring garments, foundries and a few others Read more

Lockdown 2.0: E-tailers Can Sell Non-essentials On State Nod From April 20

The clarification from a senior home ministry official came a day after Union Home Secretary Ajay Bhalla issued revised ... Read more

Covid-19: Some State Govts Allow E-commerce Firms To Sell Non-essentials

Products related to electronics such as phones, laptops and televisions are among the first ones to be allowed by variou... Read more

Hyundai Motor Hands Covid-19 Advanced Diagnostic Testing Kits To ICMR

The globally proven diagnostic kits worth Rs 4 crore have been imported from South Korea Read more

Covid-19 Impact: BMW India Sales Fall 17% To 2,482 Units In January-March

BMW Motorrad motorcycle sales, however, rose 71.52 per cent to 1,024 units during the first quarter of the year as compa... Read more

Lockdown 2.0: Mumbai Airport Invokes Force Majeure Over Revenue Sharing

Delhi airport settles for talks; AAI refuses waiver but agrees to deferred payment Read more