COVID-19
1.98 Mn People Flew Domestically In June; Airline Load Factor Was Low: DGCA
Banking - Published date: .
Moreover, the occupancy rate or load factor for five out of six major Indian airlines was between 50 and 60 per cent in ... Read more
HCL Tech Pegs Revenue Growth At 1.5-2.5% For FY21; Wins 11 Deals
Banking - Published date: .
The Noida-based firm reported a PBT of Rs 3,862 cr, up 31.7% YoY, while it remained flat sequentially Read more
US Work Visa Suspension 'unfortunate'; To Have 'minimal Impact' On Ops: HCL
Banking - Published date: .
Larger rival TCS had called the move by the US government "unfortunate and unfair" Read more
British Airways To Retire Entire 747 Fleet After Pandemic Travel Slump
Breaking - Published date: .
The carrier turns to more modern and fuel-efficient models like Boeing's 787 and the Airbus A350. Read more
Wipro Charters Flights To Bring Back Hundreds Of Staff, Kin From US
Banking - Published date: .
The company is undertaking similar steps for its employees in the UK and Australia Read more
American Airlines Notifies 25,000 Workers Of Potential Layoffs
Breaking - Published date: .
American's layoff notices went to 2,500 pilots, 9,500 flight attendants, 3,200 maintenance staff and 1,000 reservations ... Read more
Gilead Sciences Analysis Shows Remdesivir Reduced Coronavirus Death Risk
Banking - Published date: .
Remdesivir has been at the forefront of the global battle against Covid-19 after the intravenously administered medicine... Read more
Covid-19 Impact: Mercedes-Benz India H1 Sales Down 55% At 2,948 Units
Banking - Published date: .
Mercedes-Benz India said it witnessed positive momentum in June 2020 sales, which showed first signs of a gradual recove... Read more
Shoppers Stop MD Rajiv Suri Puts In Papers Amid Covid-19 Challenges
Banking - Published date: .
Company to be managed by CXO committee in interim period Read more
Auto Component Sector FY21 Revenue May Fall 14-18% Over Weak Demand: ICRA
Banking - Published date: .
ICRA expects recovery of the auto components sector to be gradual and slow-paced, with the industry pinning hopes on rev... Read more
Tata Consultancy Services Says Pandemic's Most Powerful Punches Landed In Q1 - And It's Still Dancing
Tech - Published date: .
Revenue fell eight percent but company thinks it can win on new virus-scoured terrain Tata Consultancy Services (TCS) h... Read more
Hammered By Covid-19 Pandemic, Air France Announces 7,500 Job Cuts
Banking - Published date: .
Activists from multiple unions protested at Air France headquarters at Paris' Charles de Gaulle Airport as talks began F... Read more
Equities Sink After Wall St Drop As New Virus Cases Spike
Hedge Fund - Published date: .
Concerns about the impact on demand from the reimposition of some containment measures weighed on oil markets. Read more
Covid-19 Threat Forces JSW Steel To Reduce Workforce At Karnataka Plant
Banking - Published date: .
Nearly 11,000 migrants workers are not being allowed to enter the 12-million-tonne facility Read more
Hit By Covid-19 Pandemic, Emami Q4 Pre-tax Profit Dips 81.7% To Rs 15.38 Cr
Banking - Published date: .
This is one of the steepest declines in the firm's near-50-year history; Revenue down 16.81% to Rs 532.68 cr Read more
Australia's Qantas Cuts 6,000 Jobs In Post-COVID Restructure
Breaking - Published date: .
The three-year plan to save Australia's carrier from 'the biggest crisis' would also see half the company's 29,000 staff... Read more
Stock Markets Mostly Down As New Virus Cases Temper Reopening
Hedge Fund - Published date: .
Oil prices dipped after a healthy advance on Friday. 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
Despite Covid-19 Induced Slowdown, Infosys To Do Campus Hirings This Fiscal
Banking - Published date: .
The IT firm will soon initiate discussions with colleges to start the process from September Read more
Average Monthly Rating Downgrades Rise 22% Amid Covid-19 Pandemic: ICRA
Banking - Published date: .
The rating agency said that from its rated portfolio, while the number of downgrades has increased, upgrades have nearly... Read more