Banking

Microsoft Revenue Beats Estimates As Covid-19 Crisis Boosts Cloud Business

Microsoft benefited from strong demand for its Teams collaboration software, which now has 75 million users Read more

Apple, Google Release Coronavirus Contact Tracing APIs To Select Developers

The release is to encourage feedback that will help improve various features of the framework before the final rollout Read more

Covid-19: Zuckerberg Endorses Silicon Valley Lockdown, Musk Sees 'fascism'

Zuckerberg expresses concerns about easing lockdown measures. Musk calls the move 'anti-democratic' Read more

Stocks Up, Warehouses Shut: Weal And Woes Of Amazon Inc During Covid-19

The company's website hit 2.54 billion visitors in March, which is a 65 per cent jump from the same period last year Read more

Global Business Bodies Nudge FM Sitharaman To Defer Equalisation Levy

The bodies have also approached the US Trade Representative to call for discussion on India's move to impose equalisatio... Read more

CBA Sells CommSec Wholesale Division

Commonwealth Bank has sold part of its CommSec business but says the CommSec retail broking business remains core to its... Read more

Credit Corp Launches Capital Raising

Credit Corp has gone to the market to raise up to A$150 million of new capital, which it will use to increase liquidity ... Read more

PE Investors Ready To Ride To Recovery

Cashed up private equity investors are settling in for a quiet few months after a strong decade of growth in Australia t... Read more

GlaxoSmithKline Plans Sale Of $3.7-billion Stake In Hindustan Unilever

The firm may offload part or all of its 5.7% holding in HUL through a series of block trades Read more

Relief To Vodafone Idea As SC Orders Rs 733-crore Income Tax Refund

Vodafone Idea, which is facing a financial crisis after the apex court ordered it to pay AGR dues and penalties totallin... Read more

Covid-19 Lockdown: Mondelez, Other FMCG Giants Indicate Dent In Business

In an investor call, Dirk Van de Put, Mondelez's global chairman and CEO said the firm went "absolutely blank" in the fi... Read more

Oyo To Offload More Loss-making Hotels Amid Covid-19 Outbreak: Report

The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel c... Read more

Manulife Investment Completes 49% Stake Acquisition In Mahindra MF

Joint venture to be oriented towards retail assets, deeper penetration Read more

Delhi Court Sets Aside Interim Relief Order On Indiabulls Housing Finance

The move comes after the Sebi, Association of Mutual Funds (Amfi), and IDBI trustee moved a Division Bench of the court,... Read more

Lakeba Circle MCU

For the second time, the board of Maleny Credit Union will seek the demutualisation and sale of its business to a fintec... Read more