Banking

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

HUL Completes Acquisition Of Hygiene Brand VWash From Glenmark Pharma

HUL said that it has acquired the intellectual property rights including trademarks, design, and knowhow related to the ... Read more

Bollywood Hails HUL's Decision To Axe 'fair' From 'Fair And Lovely'

Hindustan Unilevers (HUL) will drop the word 'Fair from it's flagship beauty brand 'Fair and Lovely.' Read more

Why India's Automobile, Pharma Sectors Are Not Ready To Wean Off China

India relies on China for products such as electronic components and drug ingredients because it cannot make them or sou... Read more

IndiGo Starts Flexible Payment Scheme: Pay 10% Fare Now And Get Ticket

Passengers can defer the 90 per cent remaining payment "for a period of up to 15 days either from the date of bookings o... Read more

LIC Housing Finance Posts 16% Fall In Pre-tax Profit At Rs 826.72 Crore

Its net profit fell sharply, by 40 per cent, to Rs 421.43 crore from Rs 693.58 crore in Q4FY19. Read more

Madras HC Declines Monopoly To ITC And Nestle On Noodles Brand Names

The order was issued in a dispute filed by ITC alleging that Nestle India has used the expression 'Magical Masala' for ... Read more

Infosys Expects 35% Of Staff To Work From Home Amid Covid-19 Crisis

More than 90 per cent of staffers of most IT services firms are working from home. The companies are in no hurry to brin... Read more

Hindalco Industries Plans To Sell 65% Aluminum Overseas This Year

Exports during the year that started April will increase to as much as 65% of total output compared with 50% last year, ... Read more

Nestle India CMD Suresh Narayanan's Term Extended By Another 5 Yrs

Narayanan had joined Nestle India as managing director on August 1, 2015, when the company was facing the Maggi crisis Read more

Wipro To Offer Up To Rs 40 Cr In Annual Salary To Its CEO Designate

The new CEO, who will join on July 6, will be one of the highest paid executives in Indian IT industry Read more

Wipro's New CEO Thierry Delaporte To Draw Up To 4.45 Mn Euros In Annual Pay

His remuneration will include basic pay in the range of 1.07-1.4 million euros per annum and a target variable pay in th... Read more

RIL A Net Debt-free Firm Now, Will Rope In Investors In Retail Biz: Ambani

As on March 2020, RIL had a net debt of Rs 1.61 trn and managed to turn itself net debt-free after raising Rs 1.68 trn v... Read more

SC Stays FT's E-voting For Winding Up Schemes, Transfers Cases To Kerala HC

Franklin Templeton had filed a petition in the Supreme Court challenging the stay granted by Gujarat High Court on the e... Read more