Companies


Ashok Leyland Starts 'Project Reset' To Improve Efficiency Across The Board

Banking - Published date: .

Company foresees demand picking up, asserts it has not laid off anyone Read more

Sweden's H&M Swings To Deep Loss As Sales Go Down 50% Due To Covid-19

Banking - Published date: .

Pretax loss was 6.5 billion crowns ($695 million) against a year-earlier profit of 5.9 billion. Analysts had on average ... Read more

SC Dismisses Anticipatory Bail Of DHFL Promoters In YES Bank Case

Banking - Published date: .

The Wadhawans, now arrested, have challenged the Bombay High Court's May 12 order rejecting their plea for pre-arrest ba... Read more

Amazon Agrees To Buy Self-driving Startup Zoox For Over $1 Billion: Report

Banking - Published date: .

The report did not mention the exact purchase price and added Amazon is unlikely to disclose it when the deal is announc... Read more

Asia Pacific Telecoms On Course For Muted Growth, 5G Delays: Fitch

Banking - Published date: .

However, credit risk remains manageable, reflecting the sector's resilience during the coronavirus pandemic Read more

HUL Completes Acquisition Of Hygiene Brand VWash From Glenmark Pharma

Banking - Published date: .

HUL said that it has acquired the intellectual property rights including trademarks, design, and knowhow related to the ... Read more

Why India's Automobile, Pharma Sectors Are Not Ready To Wean Off China

Banking - Published date: .

India relies on China for products such as electronic components and drug ingredients because it cannot make them or sou... Read more

IndiGo Starts Flexible Payment Scheme: Pay 10% Fare Now And Get Ticket

Banking - Published date: .

Passengers can defer the 90 per cent remaining payment "for a period of up to 15 days either from the date of bookings o... Read more

LIC Housing Finance Posts 16% Fall In Pre-tax Profit At Rs 826.72 Crore

Banking - Published date: .

Its net profit fell sharply, by 40 per cent, to Rs 421.43 crore from Rs 693.58 crore in Q4FY19. Read more

Madras HC Declines Monopoly To ITC And Nestle On Noodles Brand Names

Banking - Published date: .

The order was issued in a dispute filed by ITC alleging that Nestle India has used the expression 'Magical Masala' for ... Read more

Infosys Expects 35% Of Staff To Work From Home Amid Covid-19 Crisis

Banking - Published date: .

More than 90 per cent of staffers of most IT services firms are working from home. The companies are in no hurry to brin... Read more

Hindalco Industries Plans To Sell 65% Aluminum Overseas This Year

Banking - Published date: .

Exports during the year that started April will increase to as much as 65% of total output compared with 50% last year, ... Read more

Nestle India CMD Suresh Narayanan's Term Extended By Another 5 Yrs

Banking - Published date: .

Narayanan had joined Nestle India as managing director on August 1, 2015, when the company was facing the Maggi crisis Read more

Wipro To Offer Up To Rs 40 Cr In Annual Salary To Its CEO Designate

Banking - Published date: .

The new CEO, who will join on July 6, will be one of the highest paid executives in Indian IT industry Read more

Wipro's New CEO Thierry Delaporte To Draw Up To 4.45 Mn Euros In Annual Pay

Banking - Published date: .

His remuneration will include basic pay in the range of 1.07-1.4 million euros per annum and a target variable pay in th... Read more

RIL A Net Debt-free Firm Now, Will Rope In Investors In Retail Biz: Ambani

Banking - Published date: .

As on March 2020, RIL had a net debt of Rs 1.61 trn and managed to turn itself net debt-free after raising Rs 1.68 trn v... Read more

SC Stays FT's E-voting For Winding Up Schemes, Transfers Cases To Kerala HC

Banking - Published date: .

Franklin Templeton had filed a petition in the Supreme Court challenging the stay granted by Gujarat High Court on the e... Read more

Air India Offers 3-day Working Week To Permanent Staff At 60% Pay

Banking - Published date: .

This measure has been introduced in order to improve the airline's cash flow position amid the coronavirus pandemic Read more

RIL Shares Jump Over 6%; Market Valuation Crosses Rs 11 Trn Mark

Banking - Published date: .

Earlier in the day, Ambani announced that Reliance Industries had become net debt-free after raising a record Rs 1.69 tr... Read more

Indian CEOs Of Top Chinese Smartphone Brands Get Trolled On Twitter

Banking - Published date: .

Many Twitter users wrote "boycott Chinese goods" in the comment section of tweets to promote upcoming or existing produc... Read more