Companies


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

How RIL Became The First Indian Company To Top Rs 11 Trn In Market-cap

Banking - Published date: .

Shares of RIL have more than doubled from this year's low of Rs 868 in March underpinned by a stream of investments in i... Read more

Cadila Healthcare's Q4 PBT Falls 14% To Rs 522 Cr, Total Income Rises 0.66%

Banking - Published date: .

Cadila has also been working on a DNA vaccine to fight Covid-19, which is currently in the animal testing stage Read more

Tata Power Subsidiary To Develop 100-Mw Solar Project In Maharashtra

Banking - Published date: .

The project is required to be commissioned within 18 months from the date of execution of the PPA Read more

Dr Reddy's Launches Cancer Drug Abiraterone Acetate In US Market

Banking - Published date: .

The drug is a therapeutic equivalent generic version of Zytiga owned by Johnson & Johnson Read more

Alembic Pharma Gets USFDA Nod For Generic Adapalene Gel For Acne Treatment

Banking - Published date: .

The product was indicated for the topical treatment of acne vulgaris in patients 12 years of age and older, Alembic Phar... Read more

E-commerce Start-up DealShare To Hire Over 5,000 People By The End Of 2020

Banking - Published date: .

DealShare has tied up with about 400 manufacturers, of which around 300 are local producers Read more

Finance Ministry Invites Bids From Transaction Advisors For LIC IPO

Banking - Published date: .

The advisors can submit their bids beginning Friday, till July 13, 2020. The bids would be opened by DIPAM on July 14 Read more

Difficult For Vodafone Idea To Pay Upfront AGR Dues: Credit Suisse

Banking - Published date: .

In a report it said that after having paid Rs 6,900 crore of AGR dues, estimate is that Vodafone Idea would have Rs 6,00... Read more

Glenmark Pharma Gets USFDA Nod For Drug To Treat Multiple Sclerosis

Banking - Published date: .

The capsules are used in the treatment of adult patients with relapsing forms of multiple sclerosis Read more

No Dividend For FY20: Thomas Cook's Rs 300-crore Cash Saving Plan

Banking - Published date: .

Thomas Cook says it has comfortable liquidity position and is focusing on cash conservation and cost optimisation across... Read more