Banking

Hitachi-ABB Deal To Bring Tech Synergy Across The Board: India Head

As on March 31, 2020, the firm had an order backlog of Rs 5,192 crore Read more

After Hindustan Unilever, L'Oreal To Drop 'white' From Skin Care Range

On Friday, a company spokesperson said the group had acknowledged legitimate concerns about the terms used to describe s... Read more

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