Banking

Merger Of Three State-owned General Insurers On Back Burner Due To Covid-19

Notably, the boards of the three firms had approved the merger in January and had appointed management consultant firm E... Read more

No Proposal Before Board Now, Says Voda Idea On Google Picking Stake In Co

The clarification to the BSE by Vodafone Idea comes a day after reports that Alphabet Inc's Google is eyeing about 5% st... Read more

Tea Companies Fear Losing Lucrative Chinese Market Over Border Conflict

Over the past five years, China emerged as the third largest importer of Indian tea as demand for the black variety has ... Read more

India-dedicated Funds Attract Zero Investments In April Due To Covid-19

This is the first time since August 2016 that a month has reported nil fundraising in India-dedicated schemes Read more

Google's Interest Positive But May Not Help Solve Voda Idea's Debt Woes

Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of ... Read more

Lupin Q4 Net Profit Up 35% To Rs 390 Cr On Robust Sales, Lower Tax Expenses

In the current times, Lupin has been able to ensure business continuity while safeguarding the health and safety of its ... Read more

After Infosys, Now Wipro Hires A Capgemini Top Executive As CEO & MD

Appoints French IT services firm's COO Thierry Delaporte for its top post Read more

Capgemini COO Thierry Delaporte Becomes New Wipro CEO And MD

Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of... Read more

BookMyShow To Sack 270 Employees To Cut Costs Amid Covid-19 Crisis

The employees being sent on furloughs or leave (without pay) will be eligible for all medical insurance, gratuity and ot... Read more

Air India Employees' Unions Seek Rs 50,000 Crore Financial Package

In a letter to Prime Minister Narendra Modi, the joint forum said that Air India is a "necessity" for the country Read more

Energy Efficiency Services JV Becomes Fastest-growing Indian Firm In UK

The EPAL's watershed moment was in 2018 when it acquired Edina, UK's leading supplier, installer and maintenance provide... Read more

In A Setback, Singh Brothers Lose Appeal In Rs 3,500-crore Arbitral Award

The brothers are currently in judicial custody following Supreme Court order in November last year that held them guilty... Read more

Franklin Templeton Mutual Fund Voting To Commence From June 9

Trustees advise unitholders to vote 'Yes' to avoid delay in wind-up process Read more

Automobile Sales To See Double-digit Decline In FY21: Crisil Research

Overall sales volume would plunge to multi-year lows, with sales of both passenger and commercial vehicles reaching fisc... Read more

BookMyShow Lays Off, Furloughs 270 Employees To Cut Costs Amid Low Revenues

He said the company has tried to do it best to offer financial support, continued health insurance cover and outplacemen... Read more