Banking

Moody's Downgrades Hero FinCorp Ratings; Outlook Revised To Negative

Today's rating action concludes the review for downgrade initiated on April 13, 2020, Moody's said in statement Read more

Pay Cuts Can Trigger 'desperate, Extreme Acts': Air India Pilots To Govt

The pilots said employees may be forced to challenge the decision in court, which might be a hurdle for the privatisatio... Read more

WFH Can Boost Women's Participation, Says Arundhati Bhattacharya

Speaking at the Global Fintech Fest 2020, Bhattacharya said the Covid-19 pandemic has not only changed the perception of... Read more

Sachin Bansal's Navi App Among Top Three Digital Lenders In India

Bansal said there is a huge unmet demand for credit and their digital lending platform has done well despite the Covid-1... Read more

Covid-19 Crisis: Ratan Tata Says Layoffs Show India Inc's Lack Of Empathy

While Tata Group has not laid off any employee, several Indian companies have retrenched staff due to lack of cash flow ... Read more

Unilever To Retain Tea Biz In India And Indonesia After Portfolio Review

The announcement is significant, as it brings to an end to months of speculation about the fate of the tea business in I... Read more

Mindspace Business Parks REIT Raises Rs 1,125 Crore Ahead Of IPO

The IPO will open on July 27 and close two days later. Read more

Beauty Segment Led India's FMCG Recovery In June To Pre-Covid Level

Trend comes as a surprise as consumers remain cautious of spending Read more

Tata Sons Plans To Infuse More Funds Into Covid-hit Group Entities

According to a person in the know, group firms affected the most were the airline, hotel, housing, and financial service... Read more

Shiv Nadar Steps Down As HCL Tech Chairman, Daughter Roshni Takes Over

Daughter Roshni Nadar Malhotra succeeds him to the top job Read more

Vodafone Idea Gets TDSAT Relief, Allowed To Offer Premium Tariff Plans

Says Trai move to freeze schemes without reason, merit Read more

HCL Tech Likely To Grow 1.5-2.5%; Q1 Net Profit Up 31.7% At Rs 2,925 Cr

In the quarter ended Q1FY21, the company on Friday reported a profit before tax (PBT) of Rs 3,862 crore, up 31.7 per cen... Read more

RIL Deploys Rs 35,000 Crore From Jio Stake Sales Into Debt Funds

The monies have been deployed into ultra-short and money-market funds, and others focused on debt with an average of thr... Read more

Mindspace REIT Plans To Raise $599 Million Through IPO To Pay Debt

The real estate investment trust will offer about Rs 1,000 crore of new shares while the founders will offer the remaini... Read more

Situation Remains Uncertain As Some States Still Under Lockdown: Coal India

The state-owned miner produced 18.05 million tonnes (MT) of coal from July 1 to July 16 against 19.61 MT produced in the... Read more