Banking

ArcelorMittal India FY20 Steel Output At Record Level Of 7.23 Mn Tonnes

Production up 5% from last year despite challenging economic conditions, including Covid-19 fallout Read more

Gilead's Antiviral Drug Remedesivir Being Made In India On Trial Basis

Local drug makers start developing patented drug as govt too wishes to try it on Indians Read more

IndiGo Reverses Plan To Cut Salaries Of Employees, Drops March Decision

IndiGo is the best positioned airline to withstand the crisis created by lockdown to contain the coronavirus. Read more

Covid 19 Fallout: Faced With Existential Crisis, Hotels Re-imagine Business

Executive lounges with happy hours and complimentary hors d'oeuvre, free pickups, and complimentary laundry that have be... Read more

S&P Lowers Future Retail's Issuer Credit Rating From 'B-' To 'CCC-'

Operating cash-flows to stay weak for two months Read more

SpiceJet Lessors In Talks To Reclaim Planes Over Missed Payments: Report

One of the leasing companies started to pull out a few planes earlier this year after SpiceJet failed to pay maintenance... Read more

Pioneer Deal With Carlyle Dead

Pioneer Credit and private equity firm The Carlyle Group have terminated their proposed scheme of arrangement, which wou... Read more

People Have Reduced Buying Frenzy: Spencer's Retail's Shashwat Goenka

Supply chain for essential items has been ensured in the country, says Shashwat Goenka, sector head for FMCG & Retai... Read more

Zoom Not A Safe Platform, Says MHA Advisory; SpaceX, Google Ban Use

The advisory further gives detailed instructions on the safe use of the platform including security configurations throu... Read more

'Can Promise' Morgan Stanley Will Miss Medium-term Financial Targets: CEO

The last of the big US banks to report first-quarter earnings, Morgan Stanley said its profit slumped by 30% and it miss... Read more

E-pharmacies Ramp Up Hiring As Orders Grow Two-fold Amid Covid-19 Lockdown

Gurugram-based 1mg, for example, is looking to immediately hire 500 people and another 1,000 over the next 2-3 months Read more

Insurance Firms Looks To Bridge Online Trust Deficit Amid Covid--19 Crisis

With customers caught in a swirl of panic and fear, life insurance companies are looking at confidence building measures... Read more

Coronavirus Impact: TCS Not To Retrench Employees, Freezes Salary Hikes

The company reported a healthy profit jump for the March quarter, but hinted at very difficult time in the first two qua... Read more

UP Allows 9 Industries To Operate At 50% Capacity Amid Covid-19 Lockdown

These industries include cement, steel, chemical, textile barring garments, foundries and a few others Read more

Lockdown 2.0: E-tailers Can Sell Non-essentials On State Nod From April 20

The clarification from a senior home ministry official came a day after Union Home Secretary Ajay Bhalla issued revised ... Read more