Banking

Employee Count Shows Indian IT Biggies Hired Fewer People In March Quarter

TCS showed marginal rise in their employee count, as Infosys and Wipro witnessed drop in their staff base on sequential ... Read more

Voda Idea's Viability Remains Clouded Despite Near-term Liquidity Support

'Longer term viability of VIL continues to remain under cloud,' noted Credit Suisse in a report Read more

Drug Shortages In US Market, Compliance Gains Positive For Pharma Exporters

Shortage of drugs in the US market is at five-year highs Read more

Govt To Suspend Up To 1-year IBC Provisions That Trigger Insolvency Cases

The sources said an ordinance would be promulgated to suspend three sections of IBC for up to one year and a decision in... Read more

Telecom Infra Players Urge States To Reduce Power Tariffs Amid Coronavirus

The industry body has written letters to 26 states and two union territories seeking relief Read more

ArcelorMittal India FY20 Steel Output At Record Level Of 7.23 Mn Tonnes

Production up 5% from last year despite challenging economic conditions, including Covid-19 fallout Read more

Gilead's Antiviral Drug Remedesivir Being Made In India On Trial Basis

Local drug makers start developing patented drug as govt too wishes to try it on Indians Read more

IndiGo Reverses Plan To Cut Salaries Of Employees, Drops March Decision

IndiGo is the best positioned airline to withstand the crisis created by lockdown to contain the coronavirus. Read more

Covid 19 Fallout: Faced With Existential Crisis, Hotels Re-imagine Business

Executive lounges with happy hours and complimentary hors d'oeuvre, free pickups, and complimentary laundry that have be... Read more

S&P Lowers Future Retail's Issuer Credit Rating From 'B-' To 'CCC-'

Operating cash-flows to stay weak for two months Read more

SpiceJet Lessors In Talks To Reclaim Planes Over Missed Payments: Report

One of the leasing companies started to pull out a few planes earlier this year after SpiceJet failed to pay maintenance... Read more

Pioneer Deal With Carlyle Dead

Pioneer Credit and private equity firm The Carlyle Group have terminated their proposed scheme of arrangement, which wou... Read more

People Have Reduced Buying Frenzy: Spencer's Retail's Shashwat Goenka

Supply chain for essential items has been ensured in the country, says Shashwat Goenka, sector head for FMCG & Retai... Read more

Zoom Not A Safe Platform, Says MHA Advisory; SpaceX, Google Ban Use

The advisory further gives detailed instructions on the safe use of the platform including security configurations throu... Read more

'Can Promise' Morgan Stanley Will Miss Medium-term Financial Targets: CEO

The last of the big US banks to report first-quarter earnings, Morgan Stanley said its profit slumped by 30% and it miss... Read more