Companies


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

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

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

Banking - Published date: .

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-'

Banking - Published date: .

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

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

Banking - Published date: .

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

Virgin Australia Collapses Under Coronavirus Strain

Breaking - Published date: .

The airline was more than Aus$5 billion ($3.2 billion) in debt and had appealed for a Aus$1.4 billion loan to stay afloa... Read more

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

Banking - Published date: .

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

Virus Lockdowns Send European Car Sales Down 55%

Breaking - Published date: .

All carmakers suffered, but Fiat Chrysler saw the worst drop, at 76.6 percent. Read more

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

Banking - Published date: .

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

Banking - Published date: .

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

E-pharmacies Ramp Up Hiring As Orders Grow Two-fold Amid Covid-19 Lockdown

Banking - Published date: .

Gurugram-based 1mg, for example, is looking to immediately hire 500 people and another 1,000 over the next 2-3 months Read more

Insurance Firms Looks To Bridge Online Trust Deficit Amid Covid--19 Crisis

Banking - Published date: .

With customers caught in a swirl of panic and fear, life insurance companies are looking at confidence building measures... Read more

Coronavirus Impact: TCS Not To Retrench Employees, Freezes Salary Hikes

Banking - Published date: .

The company reported a healthy profit jump for the March quarter, but hinted at very difficult time in the first two qua... Read more

UP Allows 9 Industries To Operate At 50% Capacity Amid Covid-19 Lockdown

Banking - Published date: .

These industries include cement, steel, chemical, textile barring garments, foundries and a few others Read more

Lockdown 2.0: E-tailers Can Sell Non-essentials On State Nod From April 20

Banking - Published date: .

The clarification from a senior home ministry official came a day after Union Home Secretary Ajay Bhalla issued revised ... Read more

Covid-19: Some State Govts Allow E-commerce Firms To Sell Non-essentials

Banking - Published date: .

Products related to electronics such as phones, laptops and televisions are among the first ones to be allowed by variou... Read more

Hyundai Motor Hands Covid-19 Advanced Diagnostic Testing Kits To ICMR

Banking - Published date: .

The globally proven diagnostic kits worth Rs 4 crore have been imported from South Korea Read more

Lockdown 2.0: Mumbai Airport Invokes Force Majeure Over Revenue Sharing

Banking - Published date: .

Delhi airport settles for talks; AAI refuses waiver but agrees to deferred payment Read more

Hit By Covid-19 Lockdown, Grasim Puts Capital Expenditure For FY21 On Hold

Banking - Published date: .

Top company executives said the firm had earlier planned to invest about Rs 3,880 crore in the present financial year. Read more