Banking

Covid-19 Lockdown: Mondelez, Other FMCG Giants Indicate Dent In Business

In an investor call, Dirk Van de Put, Mondelez's global chairman and CEO said the firm went "absolutely blank" in the fi... Read more

Oyo To Offload More Loss-making Hotels Amid Covid-19 Outbreak: Report

The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel c... Read more

Manulife Investment Completes 49% Stake Acquisition In Mahindra MF

Joint venture to be oriented towards retail assets, deeper penetration Read more

Delhi Court Sets Aside Interim Relief Order On Indiabulls Housing Finance

The move comes after the Sebi, Association of Mutual Funds (Amfi), and IDBI trustee moved a Division Bench of the court,... Read more

Lakeba Circle MCU

For the second time, the board of Maleny Credit Union will seek the demutualisation and sale of its business to a fintec... Read more

Firstmac Buys Another 'category Killer'

Firstmac has acquired car loan broker Carloans.com.au and car-buying service Georgie from ASX-listed Eclipx. Read more

IndiGo May Expand Cargo Ops To China, Malaysia To Ferry Essential Goods

Most of these flights have been operated on a "Free-of-Cost" basis to ferry medical equipment and other essentials Read more

From Ramayan To Cricket: What India Watched On TV During Covid-19 Lockdown

In the week April 4 to April 10, television viewership in India surged 32% over the previous week to 20.4 billion impres... Read more

Tepid Power Consumption In Chhattisgarh Despite Soaring Temperature

Low industrial offtake cited as reason, as overall consumption is lower by 1,000 Mw this year Read more

Nestle Q1 Sales Beat Estimates As Consumers Hoard Pet Food, Coffee

Analysts on average were expecting a 3.0% increase in first-quarter underlying sales growth, according to company-suppli... Read more

Crisil Revises Ratings Outlook On Hindalco To Stable From Positive

Debt-funded Aleris purchase, likely moderation in operating profits amid Covid-19 could push up debt/EBITDA ratio Read more

L&T Construction Bags Eastern Dedicated Freight Corridor Project Contract

Infrastructure major Larsen & Toubro (L & T) said on Friday its railway strategic business unit of constructio... Read more

Ashok Leyland Acquires 3.36% Share In Subsidiary Hinduja Leyland Finance

The acquisition is part of the 6.99% acquisition approved by the board of directors at a meeting held on March 21 Read more

Covid Impact: Domestic Sugar Consumption Likely To Dip 2 Million Tonnes

According to estimates, domestic institutional sales account for 65-70 per cent of the total sugar sales with the remain... Read more

International Passenger Capacity For India Reduced By 89% In April: UN

The International Civil Aviation Organisation (ICAO) said that by September, the world could have 1.2 billion fewer inte... Read more