Banking

GSK Sells Its Entire 5.7% Holding In HUL For Over Rs 25,000 Crore

More than 133 million shares of HUL were sold in the Rs 1,900-1,950 range, via multiple large transactions in morning tr... Read more

Ratan Tata Picks Up Stake In An 18-year-old's Pharmaceutical Start-up

Invests undisclosed amount in Generic Aadhar in personal capacity; firm claims annual revenue of Rs 6 cr, seeks to scale... Read more

Covid-19 Impact: AMNS India's March Operations Take A Hit Due To Lockdown

The company said that it had moved to match production with the evolving orderbook; steel shipments for 2Q 2020 were exp... Read more

Amazon Offers Special Delivery Of Essentials In Mumbai's Containment Zones

Amazon will deliver orders to a designated delivery point in the vicinity of the containment zone, from where volunteers... Read more

VE Commercial Vehicles Receives Govt. Permission To Restart Manufacturing

Many of the company's suppliers continue to be closed, and dealers are also not functioning currently Read more

Co-founder Rahul Jaimini No Longer Active In Swiggy, Joins New Start-up

He moves to career accelerator start-up Pesto Tech as its co-founder; will remain on Swiggy board Read more

HCL Technologies Does Better Than Most Rivals In Q4; Revenue Rises 16%

Like some of its peers, the Noida-based company did not provide a full-year guidance given the current global uncertaint... Read more

Battery Industry To See Upsurge In Replacement Market In Near Future

Marginal growth is expected in the lead acid battery (LAB) segment, driven by the upsurge in aftermarket demand for repl... Read more

LG Polymer: What India Should Know About The Company Behind Vizag Gas Leak

The Korean company took over erstwhile Hindustan Polymers in 1997 from its then owner United Breweries Group Read more

ArcelorMittal Beats First Quarter Profit Estimates, Sees Sharp Drops In Q2

First-quarter core profit (EBITDA), the figure most watched by the market, was $967 million, compared with the average f... Read more

Battling Lockdown Woes: Daimler India Resumes Operations Near Chennai

The company was able to restart in less than 24 hours after receiving permission from the local authorities Read more

Covid-19 Outbreak: Zomato May Now Get Liquor For You Amid Lockdown

Zomato has already diversified into grocery as the restrictions on movement shuttered some restaurants and people hesita... Read more

Bharti Airtel Can Claim Rs 923 Crore In Refunds, Says Delhi High Court

The case pertains to underreporting of input tax credit in the GST summary return form, GSTR 3B Read more

Tencent And Afterpay Look To Collaborate

Chinese tech conglomerate Tencent Holdings has acquired a 5 per cent stake in buy now pay later specialist Afterpay, rai... Read more

As Lay-offs Loom Over IT-sector SMEs, Telangana Urges Centre To Act

It has sought a series of measures to ensure enough cash flow to the SMEs to avoid layoffs. Read more