Companies


Glenmark Gets DCGI Nod For Clinical Trials Of Potential Covid-19 Drug

Banking - Published date: .

As per the clinical trial protocol approved, 150 subjects with mild to moderate Covid-19 will be randomised in the study... Read more

LafargeHolcim First-quarter Profit Falls 14% As Covid-19 Hits Construction

Banking - Published date: .

The world's biggest cement maker says its sales fell 11.2% to 5.29 billion Swiss francs ($5.42 billion), from 5.96 billi... Read more

Scrappage Scheme Would Give Demand A Boost: Ashok Leyland MD & CEO

Banking - Published date: .

A good scrappage policy could help improve efficiency of our transport fleet, reduce pollution and also help boost deman... Read more

Microsoft Revenue Beats Estimates As Covid-19 Crisis Boosts Cloud Business

Banking - Published date: .

Microsoft benefited from strong demand for its Teams collaboration software, which now has 75 million users Read more

Covid-19: Zuckerberg Endorses Silicon Valley Lockdown, Musk Sees 'fascism'

Banking - Published date: .

Zuckerberg expresses concerns about easing lockdown measures. Musk calls the move 'anti-democratic' Read more

Stocks Up, Warehouses Shut: Weal And Woes Of Amazon Inc During Covid-19

Banking - Published date: .

The company's website hit 2.54 billion visitors in March, which is a 65 per cent jump from the same period last year Read more

Global Business Bodies Nudge FM Sitharaman To Defer Equalisation Levy

Banking - Published date: .

The bodies have also approached the US Trade Representative to call for discussion on India's move to impose equalisatio... Read more

GlaxoSmithKline Plans Sale Of $3.7-billion Stake In Hindustan Unilever

Banking - Published date: .

The firm may offload part or all of its 5.7% holding in HUL through a series of block trades Read more

Relief To Vodafone Idea As SC Orders Rs 733-crore Income Tax Refund

Banking - Published date: .

Vodafone Idea, which is facing a financial crisis after the apex court ordered it to pay AGR dues and penalties totallin... Read more

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

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

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

Delhi Court Sets Aside Interim Relief Order On Indiabulls Housing Finance

Banking - Published date: .

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

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

Banking - Published date: .

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

Tepid Power Consumption In Chhattisgarh Despite Soaring Temperature

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

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