Domestic Air Traffic To Decline By 41-46% In FY21 Due To Covid-19: Icra
For June, the domestic passenger traffic was 1.95 million, as against 11.2 million in June 2019, a de-growth of 83.7 per... Read more
Apollo Hospitals Mulls Setting Up Proton Cancer Centre In Mumbai And Delhi
The company has already set up one such facility at Chennai at an investment of around Rs 1,300 crore, and may be lookin... Read more
Bharti, UK Govt Win Auction For Satellite Broadband Operator OneWeb: Report
OneWeb filed for Chapter 11 bankruptcy at the end of March after its biggest investor SoftBank Group Corp pulled funding... Read more
After 10 Years At The Helm, Rajan Mathews Quits COAI; SP Kochar Takes Over
Mathews, who is a US citizen, will be heading to the US to join his family in New Jersey Read more
Warehousing, Industrial Space Demand To Be Hit Due To Covid-19: Experts
Niranjan Hiranandani, co-founder and managing director of Hiranandani Group, said there are huge development potential i... Read more
Motorcycle Segment To Outperform Other Auto Verticals Amid Covid-19: Fitch
'While we forecast that India's motorcycle sales will contract by 23.7 per cent year-on-year in 2020-21, we expect motor... Read more
RIL Net Debt To Dip With Rights Issue, Jio Stake Sale: Morgan Stanley
Reliance Industries announced today an investment of $252 million by Intel Capital for a 0.39 per cent stake in Jio Plat... Read more
Amid Global Crisis, Moody's Rates TCS, Infosys, RIL Above The Sovereign
Moody's Investors Service has rated Tata Consultancy Services, Infosys and Reliance Industries above the sovereign for t... Read more
IPhone Maker Foxconn Says Customs Clearing Procedures In India Resolved
Foxconn's customs clearance for cargo logistics in India has been resolved and all local regulatory procedures have been... Read more
Hitachi-ABB Deal To Bring Tech Synergy Across The Board: India Head
As on March 31, 2020, the firm had an order backlog of Rs 5,192 crore Read more
After Hindustan Unilever, L'Oreal To Drop 'white' From Skin Care Range
On Friday, a company spokesperson said the group had acknowledged legitimate concerns about the terms used to describe s... Read more
Microsoft To Close Retail Stores Permanently, Take $450-million Hit
Microsoft closed its 83 stores, most of which are in the US, in late March due to the Covid-19 pandemic Read more
Johnson-Hitachi To Halve Imports, Double Exports Over Next 1 Year
The move comes amidst the shrill calls for boycotting Chinese goods following violent skirmishes on the Leh border earli... Read more
MakeMyTrip's Loss Widens 8 Times To $338 Mn In Q4; Revenue Falls 12.7%
MakeMyTrip recorded a loss of $338.6 million for the quarter ended March 31, 2020 compared to a loss of $40.4 million in... Read more
Astrazeneca Leading In Covid-19 Vaccine Race, Moderna Not Far Behind: WHO
Soumya Swaminathan said that Moderna's Covid-19 vaccine candidate was also not far behind Astrazeneca's, among more than... Read more