Banking

Shapoorji Pallonji Averts Crisis, Pays Rs 3,000 Cr Dues To Lenders

The dues were paid without pledging the group's 18.5 per cent stake in Tata Sons, said a source close to the development... Read more

Zydus Cadila Gets Final Nod From USFDA To Market Generic Seizures Drug

The group now has 283 approvals and has so far filed over 386 abbreviated new drug applications Read more

Silver Lining For OMCs: Low Crude Oil Prices Signal Structural Gains

HPCL may benefit more from improvement in marketing margins Read more

Covid-19 Lockdown: Uber, BigBasket Partner For Essential Service Delivery

A B2B alliance, Uber's drivers will initially help BigBasket with last-mile delivery in Bengaluru, Hyderabad, Chandigarh... Read more

Covid19 Impact: Steel Companies Struggle With Labour Shortage Post Lockdown

The public sector steel major is currently operating at 60 per cent production level and will be scaling down gradually,... Read more

Covid-19: OYO CEO Ritesh Agarwal Takes 100% Pay Cut For Rest Of The Year

The company's entire executive leadership team has taken a voluntary pay cut starting at 25 per cent and going up to 50 ... Read more

Aurobindo Terminates $900-million Sandoz Product Acquistion Deal

A mutual decision to cancel the agreement was taken as approval from US Federal Trade Commission was not obtained within... Read more

ITC Ties Up With Jubilant FoodWorks To Deliver Food Items Via Domino's App

Buyers can log into the app under the Domino's Essentials menu and order ITC's Aashirvaad atta and spices such as chilli... Read more

Nalco Beats Coal Supply Woes Amid Covid-19, Logs 90% Capacity Utilisation

Even though Covid-19 crisis looms, all of Nalco's units have been operational with pruned manpower Read more

ITC Evaluating Inorganic Expansion, Aims To Boost Non-cigarette Verticals

Firm's acquisition of Kolkata-based Sunrise Foods is a step forward in its bid to strengthen spice business Read more

SECL Retains Top Spot Among CIL Entities, Produces 150.5 MT Coal In FY20

The Bilaspur-headquartered company contributed 25 per cent to the total coal production of Coal India Read more

Covid-19 Impact: TVS Motor Domestic Two-wheeler Sales Down 62% In March

Sales across categories were down 55.5% to 144,739 units in March 2020; company says lockdown forced large-scale loss of... Read more

Covid-19 Impact: Air India Suspends Contract Of Around 200 Employees

The national carrier has already cut the allowances of all employees, except cabin crew, by 10 per cent for the next thr... Read more

Coronavirus Impact: ONGC To Lose Rs 4,000 Crore With The New Gas Price

For every $1 dollar change, the company's revenues are impacted by Rs 4,400-4,500 crore annually. Read more

Novartis Scraps Sale Of Assets Including Covid-19 Drug To Aurobindo Pharma

Novartis is donating 130 million hydroxychloroquine doses to support efforts against the epidemic, though the European U... Read more