Unlisted NCDs May Be Treated As Terms Loans, Carry RBI Moratorium Benefit
Sebi is likely to allow corporate houses to treat unlisted non-convertible debentures as 'term loans'. Read more
L&T Board Approves Fund Raising Up To Rs 9000 Crore Via Various Instruments
In the current financial year, L&T is the second conglomerate putting provisions in place for a fund-raising Read more
Hindalco Gets EU Go-ahead To Buy Aleris For $2.6 Bn; Shares Up 7%
Hindalco shares closed at Rs 107 a share, as all clearance for the acquisition, which was announced in July 2018, finall... Read more
Cognizant Withdraws FY20 Revenue Growth Guidance Amid Coronavirus Lockdown
Firm builds up war chest by drawing down $1.7 bn worth of revolving credit Read more
Marico, Godrej Consumer May See Revenue Decline In Q4 Due To Lockdown
Marico said it would see a "modest decline" in its Ebitda for the March quarter due to an unfavourable product mix Read more
IT Sector Braces For A Rough Ride As ISG Predicts Delay In Client Spending
According to ISG, the demand contraction is likely to be felt the most in the second quarter (April-June) period of this... Read more
Coronavirus Lockdown Likely To Adversely Impact Titan's FY21 Revenue
Growth in the segment, which accounts for over 80 per cent of the consolidated sales, was robust in January and February... Read more
Britannia Factories Running At 25% Capacity Utilisation Amid Lockdown
The company is holding an inventory of up to 11 days which is witnessing a depletion for the past one week Read more
Private Labs To Ask SC For Relief On Directive To Offer Free Covid Tests
Thyrocare, Paras Healthcare, and Neuberg say if free tests are to be provided, help is needed from different agencies Read more
Kotak Bank Leadership Team Takes 15% Pay Cut For The Financial Year 2020-21
Uday Kotak, managing director and chief executive officer of the bank opted to forgo his salary, and will receive Re 1, ... Read more
Coronavirus Outbreak: Quick USFDA Approvals For Asthma Drug Makers
Cipla gets nod for drug from USFDA earlier than expected; Lupin in fray Read more
Flipkart Partners With Spencers For Hyperlocal Delivery Of Essential Goods
The e-commerce firm has started a pilot project in partnership with Spencers in Hyderabad to make doorstep delivery of g... Read more
Coronavirus Lockdown: IBM India Says 99% Workforce Now Working From Home
The company provided the option to work remotely to most of its employees even before countries began going under lockdo... Read more
Work From Home A Success For Many Companies, May Become New Normal
This period will serve as a reckoning for remote work and may help to spur on digital transformation Read more
Uber Starts Disbursing Money To Drivers From Rs 25 Cr Dedicated Corpus
Firm also plans to roll out hospital cash insurance for its drivers, covering Covid-19 and other illnesses requiring hos... Read more