Companies


BookMyShow To Sack 270 Employees To Cut Costs Amid Covid-19 Crisis

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The employees being sent on furloughs or leave (without pay) will be eligible for all medical insurance, gratuity and ot... Read more

Air India Employees' Unions Seek Rs 50,000 Crore Financial Package

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In a letter to Prime Minister Narendra Modi, the joint forum said that Air India is a "necessity" for the country Read more

Energy Efficiency Services JV Becomes Fastest-growing Indian Firm In UK

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The EPAL's watershed moment was in 2018 when it acquired Edina, UK's leading supplier, installer and maintenance provide... Read more

In A Setback, Singh Brothers Lose Appeal In Rs 3,500-crore Arbitral Award

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The brothers are currently in judicial custody following Supreme Court order in November last year that held them guilty... Read more

Franklin Templeton Mutual Fund Voting To Commence From June 9

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Trustees advise unitholders to vote 'Yes' to avoid delay in wind-up process Read more

Automobile Sales To See Double-digit Decline In FY21: Crisil Research

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Overall sales volume would plunge to multi-year lows, with sales of both passenger and commercial vehicles reaching fisc... Read more

BookMyShow Lays Off, Furloughs 270 Employees To Cut Costs Amid Low Revenues

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He said the company has tried to do it best to offer financial support, continued health insurance cover and outplacemen... Read more

Marriott International Offers 30% Discount At All Its Hotels In South Asia

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The scheme covers more than 90 hotels across India, Nepal, Bhutan, Bangladesh and Sri Lanka. Read more

Kia Motors To Invest Extra $54 Mn In Andhra Pradesh Plant Amid Covid-19

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Kia had earlier said the company has a long-term commitment to the Indian market and invested $1.1 billion in the manufa... Read more

Cairn Initiates Arbitration Against $520 Mn Govt Demand Over Discrepancies

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A source said based on the PSC, the seat of arbitration is likely to be London, while both the parties can have the opti... Read more

India Among Houseparty's Top Ten Markets, Won't Monetise User Data For Ads

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Houseparty began picking up in India and globally in the last three months since lockdowns in most parts of the world fo... Read more

Reliance Industries' Rights Entitlement Surges 14% A Day Before Close

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Units worth nearly Rs 150 crore changed hands on the NSE and another Rs 554 crore on the BSE. Read more

Kia Motors To Invest An Additional $54 Mn In Andhra Pradesh Facility

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The company had announced $2 billion investment, including a vendor base in the state at the time of signing an MoU with... Read more

Nissan Settles Dispute With Tamil Nadu Over Unpaid Dues: Report

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As part of the settlement, the Japanese automaker is expected to receive between Rs 14 billion ($185 million) and Rs 18 ... Read more

News Corp Shuts Dozens Of Newspapers In Australia Amid Coronavirus Pandemic

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As a result of the changes, the bulk of News Corp's regional and community titles would move to purely digital publishin... Read more

ITC Partners With Amway To Develop Range Of Immunity Boosting Products

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Launches fruit juices with clinically proven immunity boosters, which will be sold by Amway's micro-entrepreneurs for a ... Read more

TVS Motor Reports Decline Of 47% In Profit Befiore Tax For Q4FY20

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The overall two-wheeler and three-wheeler sales including exports registered 633,000 units in the quarter as against 907... Read more

EasyJet Axes Almost A Third Of Staff On Virus Fallout

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EasyJet had grounded its entire fleet at the end of March. Read more

Macau Casino Tycoon Stanley Ho Dies Aged 98

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Family members said Ho passed away shortly after 1.00 pm local time in hospital. Read more

NTPC To Expand Renewable Energy Business, Forms Joint Venture With ONGC

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With this tie-up, NTPC can achieve its ambitious target of 32 GW of renewable energy projects by 2032 Read more