Moody's Cuts Rating On Tata Motors, Changes Outlook To Negative
Rating action comes days after the Tata group flagship reported a quarterly pre-tax loss of Rs 9,313 cr compared to a pr... Read more
ONGC Seeks Crude Price Assurance Of $45 Per Barrel, Cuts Capex By 15%
The largest domestic oil and gas producer had budgeted a capex of Rs 32,502 crore for the financial year, which has now ... Read more
Manoj Modi, The Rainmaker Behind Mukesh Ambani's $13-billion Deal Spree
Reserved and mostly invisible to the public, Modi is viewed by many insiders and others in India's business world as the... Read more
SBI Knocks On NCLT's Doors To Recover Rs 1,200 Cr From Anil Ambani
The tribunal, presided over by BSV Prakash Kumar, on Thursday gave Ambani a week to file reply to the application. Read more
Gilead Finds Fourth Partner For Manufacture Of Remdesivir In Zydus Cadila
Indian drug maker to get know-how from Gilead Sciences Inc, to manufacture the API for Remdesivir, make the finished pro... Read more
Mahindra Reports First Quarterly Loss In 19 Years Amid Covid-19 Crisis
Net loss stood at Rs 1,761 cr in Q4 Read more
Hyundai Motor To Shut Down Irungattukottai Facility For Annual Maintenance
This maintenance activity will be carried out during the period June 15-19, 2020, in both the Hyundai plants for upgrada... Read more
Mahindra To Give Up Control Of Struggling South Korean Unit Amid Covid-19
Mahindra earlier reported a consolidated net loss of Rs 19.55 billion ($258 million), compared with a net profit a year ... Read more
Despite Covid-19 Induced Slowdown, Infosys To Do Campus Hirings This Fiscal
The IT firm will soon initiate discussions with colleges to start the process from September Read more
Mistry Questions Tata's Performance, Says Group's Loss At Rs 13K-cr In 2019
According to Mistry, the loss numbers were arrived at by excluding the huge dividend that the group cash-cow TCS was pay... Read more
Chinese Banks Face Increased Litigation To Recover Anil Ambani Dues
SBI moves NCLT to invoke Anil Ambani's guarantee almost two years after RCom was first sent to the Tribunal for recovery... Read more
RIL Partly-paid Shares Under Rights Issue To Debut On Bourses On Monday
These shares are worth a fourth of the fully-paid up shares of RIL that are traded on the bourses Read more
Marriott Partners Zomato To Expand Home Delivery Services In 12 Cities
The company's home delivery service, 'Marriott on Wheels', has also branched out into providing corporate outdoor cateri... Read more
Tata Power Sells Shipping Assets For $212.76 Mn As It Seeks To Pare Debt
In April, Tata Power received $110 Million from sale of its stake in South African joint venture Cennergi, which is to b... Read more
Netflix In Talks With RIL; To Source Indian Content From Viacom18: Report
Under the partnership, Network18 affiliates - which include its joint venture with ViacomCBS, Viacom18 - would create sh... Read more