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