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
Biocon's US Prospects Get A Boost After Company Receives EIR From USFDA
The insulin patent win, clearance of Malaysian unit and oncology biosimilar filing are triggers Read more
SoftBank Group To Abandon $3 Billion Deal For Additional WeWork Shares
The US-based company's committee said it will evaluate all its legal options, including litigation and remained committe... Read more
Covid-19-led Demand Destruction, Firm Input Costs To Impact Steelmakers
While realisations take a hit, pressure on margins may intensify with input costs remaining steady. Read more
Coronavirus Pandemic Adds A Major Blow To Struggling Shipping Industry
The pandemic adds a major blow to an industry reeling from a toxic combination of geopolitical tensions, trade restricti... Read more
Private Hospitals Gearing Up To Fight Coronavirus Battle As Cases Rise
Hospitals devise protocols to help deal with the surge in the number of patients Read more
Coronavirus Outbreak: Azim Premji Foundation, Wipro Commit Rs 1,125 Crore
TikTok also contributes 400,000 hazmat suits and 200,000 masks Read more
EML Renegotiates PFS Deal
EML Payments has renegotiated the terms of its acquisition of European payments company Prepaid Financial Services, sign... Read more
Research Houses In Dispute Over Merger
The planned merger of two investment management research houses has hit the rocks, after Zenith Investment Partners advi... Read more
COG Gives Up The Chase For CML Group
Consolidated Operations Group has announced that it is no longer seeking to acquire finance company CML Group, citing ad... Read more
Dr Reddy's Board Approves Borrowing Of Rs 2,000 Cr Through Multiple Routes
DRL's board also the approved sale of the Contract Development and Manufacturing Organisation(CDMO) division of Custom P... Read more
Covid-19: Cognizant To Give 25% Extra Pay To Two-thirds Of India Workforce
The company has allowed work from home for the majority of its offshore teams to ensure employee health and safety Read more