Banking

Wage Payments During Lockdown: No Action On Employers Till July, Rules SC

States should facilitate settlement between companies and employees over wages, says court. Read more

Kedaara Capital Invests Rs 567 Cr In Religare's Health Insurance Arm

The equity infusion is in sync with the long term vision of the Company to be future-focused, explore its full potential... Read more

Biocon Gets A Shot In The Arm With FDA Approval For Insulin Glargine

The drug will be major contributor in the firm's bid to reach $1 billion revenue target by FY22, says biologics CEO Hama... Read more

Amazon Faces Escalating European Union Antitrust Probe Into Sales Data

The complaint is expected to lay out investigators' evidence into Amazon's alleged misuse of merchants' data on the onli... Read more

HDFC Plans To Raise Up To Rs 4,000 Cr Via Bonds; Stock Ends 1.25% Lower

The issue, set to close on the same date (June 15), will offer coupon rate of 7.25 per cent per annum payable annually. ... Read more

Tata Group's IHCL To Foray Into Home Delivery Of Food And Beverages

The Tata group's hospitality arm posted an over 24 percent jump in net profit for the year ended March at Rs 363.74 cror... Read more

Ashok Leyland Sees Demand Pick-up In Short Term; Eyes Maintenance, Repairs

With subdued demand for new vehicles in short term, higher demand is expected for repairs and maintenance of existing fl... Read more

Uber India Chief Pradeep Parameswaran To Lead Asia-Pacific Operations

Parameswaran will take charge of the new job on June 19. He will oversee Uber's rides business in India, Bangladesh, Sri... Read more

Out-of-pocket Expenses Set To Fall For Policyholders After New Irdai Rules

Now insures have to define the associate medical expenses which will be deducted proportionately if a person opts for a ... Read more

Covid-19 Impact: Xiaomi, Oppo Turn To Expensive Imports As Units Struggle

The move is a costly one as the world's second-largest smartphone market imposes steep tariffs on imports of devices and... Read more

Average Monthly Rating Downgrades Rise 22% Amid Covid-19 Pandemic: ICRA

The rating agency said that from its rated portfolio, while the number of downgrades has increased, upgrades have nearly... Read more

Barve To Step Down As Chief Of HDFC MF; Agrees To Three-month Extension

Barve has been among the longest serving managing directors in the Rs 24-trillion mutual fund Read more

Programming Paltform Postman Secures $150 Mn Funding By Insight Partners

More than 11 million users around the world use Postman to streamline collaboration and simplify each step associated wi... Read more

With Little Access To Doctors, Drug Firms Go Digital To Stay Relevant

The rise of e-pharmacies and tele-consultations during Covid-19 has made it easier for healthcare companies to access pa... Read more

Telecom AGR Dues Case: The Story So Far

The AGR issue is a 14-year-old case that had mobile operators locked in a legal battle with the government over the defi... Read more