Banking

Plants Working At 70% Capacity, Aiming For Optimal Level Soon: Adani Wilmar

In view of large-scale migration of workers, firm has been managing its operations with 50-60 per cent of the workforce Read more

Delisting Of Subsidiary To Boost Vedanta Resources' Financial Profile: S&P

Vedanta Resources has proposed to buy out public shareholders in Vedanta Ltd Read more

Tata Trusts To Upgrade 4 Govt Hospitals In UP, Maha To Covid-19 Centre

The statement said that each hospital will be armed with critical care capabilities, minor operation theatres, basic pat... Read more

India's Investment Policy Upsets Xiaomi, Oppo's Consumer Finance Plans

The Chinese phone brands, are keen to establish their own NBFC which will help improve margins by allowing them to direc... Read more

Tamil Nadu Plans To Give Relocation Incentives For Firms Moving To State

Tamil Nadu houses over 620 Japanese companies, making it the home for the second largest number of Japanese companies op... Read more

Airbus Exploring Restructuring Plans, Job Cuts Due To Covid-19: Report

For now, Airbus is relying on government-backed furlough schemes in France, Germany and Britain to reduce staff costs af... Read more

Maruti Suzuki Board Approves Supply Of SUV Vitara Brezza To Toyota

This will result in incremental sales for the company, Maruti Suzuki India said in a regulatory filing. Read more

AstraZeneca Says Data From Covid-19 Vaccine's Phase-1 Trials To Be Out Soon

Once the late stage trials begin, the company simultaneously will start working on the global manufacturing capabilities... Read more

Indian Firms Getting Downgraded Like Never Before; Credit Markets At Risk

Ratings have been cut for 847 companies Read more

Lockdown Serves Domestic Pharma The Bitter Pill: April Growth Slips

Lack of fresh prescriptions drags growth in acute therapies Read more

Antibiotic Sales Drive Domestic Pharma Mkt Down 11.2% In Lockdown-hit April

Sale of anti-infectives (11% of domestic pharma market) fell by 21.5%, while gynaecological and dermatological drugs fel... Read more

Unavailability Of Labour Force Will Impact Production, Says Maruti Suzuki

Firm sees social distancing norms as a hindrance to productivity as well Read more

AI Firm SirionLabs' Valuation Crosses $300 Mn After Fresh Funding

The Gurugram-based company has raised $44 million in a funding round led by Tiger Global, Avatar Growth Capital. Read more

Footwear Industry Says It Lost Export Orders Worth $1 Bn Due To Covid-19

Says it may require support from government in the form of reduction in GST, especially for footwear priced above Rs 1,0... Read more

Indian Drug Makers Gear Up To Make Gilead's Remdesivir For Covid-19 Therapy

Domestic players will be free to price it; Dutch firm Mylan also to make the drug in India; no royalty for Gilead as yet Read more