Banking

Cash-strapped Blue Star To Raise Rs 300 Crore Via NCDs To Meet Expenses

The nationwide lockdown has impacted the company's cash flow and the firm needs funds for its business continuity and gr... Read more

Covid-19 Impact: HUL Q4 Volumes Decline 7%, More Than In Demonetisation

The Street had factored in a drop of 2-4 per cent in Q4 volume growth on account of the Covid-19 outbreak and subsequent... Read more

After Facebook, RIL In Talks With Other Global Investors For Similar Deal

Earlier, there have been reports of Reliance talking to Google Read more

TCS Snatches Most-profitable Tag From Reliance Industries After 6 Years

The Mukesh Ambani-controlled conglomerate, however, remains miles ahead of TCS in other financial parameters such as tot... Read more

Reliance Jio Reports 127% Jump In Profit Before Tax To Rs 2,931 Crore In Q4

At the net profit level, aided by lower interest costs, the company recorded a growth of 73 per cent on a sequential bas... Read more

Reliance Retail Posts 33% Rise In Ebitda, Revenue Grows At 4.2% In Q4 FY20

Its revenues for FY20 grew by 24.8 per cent on a yearly basis to Rs 62,936 crore. Ebitda for FY20 grew by 56 per cent y-... Read more

RIL Oil Unit Staff Face Big Pay Cuts; Ambani To Forgo Entire Year's Salary

His company will cut 10 per cent from hydrocarbons segment employees who earn above Rs 15 lakh per annum. Read more

RIL Aims To Raise Rs 53,125 Crore Through India's Biggest Rights Issue

The Rs 53,125 crore issue to cut net debt by a third; along with Facebook and BP deals, company to raise Rs 1.04 trillio... Read more

After A Month Of Zero Sales Auto Dealers Gear Up To Get Back Into Business

Manufacturers have sent out SOPs and norms dealers must follow before starting operations; Maruti and Hyundai have alrea... Read more

Reliance Jio Q4 Profit Zooms To Rs 2,331 Crore On Rising Subscriber Base

Seen sequentially, the net profit grew 72.7 per cent when compared to Rs 1,350 crore in December quarter Read more

Zoom Reaches Out To Govt As MHA Raises Safety Concerns About Its Platform

The company has also tried to fix some of the issues it has faced through an education campaign by hosting webinars, and... Read more

Former Axis Bank CEO Shikha Sharma Named Advisor To Google Pay India

Google Pay has been leading UPI Payments adoption in India Read more

Ola Launches Rideshare Option 'Pro' With Super-sanitised In-car Experience

The Ola Pro trial, which begins in Sydney, introduces a fleet of specially fitted out vehicles fitted with a transparent... Read more

Tata Sons To Infuse More Capital Into Five Firms Impacted By Coronavirus

FY2021 Budget planning upset in all five firms, funds will be used repay dues, keep them well-capitalised and finance pr... Read more

RIL Announces Salary Cuts; Mukesh Ambani To Forgo Entire Compensation

These pay cuts would apply only to the employees in Reliance's hydrocarbon division and earning more than Rs 15 lakh a y... Read more