lockdown


Zomato Delivers Two-fold Jump In Revenue At Rs 2,960 Cr In FY20

Banking - Published date: .

The earnings before interest, taxes, depreciation, and amortization (EBITDA) in the last financial year stood at around ... 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

Domestic Air Traffic To Decline By 41-46% In FY21 Due To Covid-19: Icra

Banking - Published date: .

For June, the domestic passenger traffic was 1.95 million, as against 11.2 million in June 2019, a de-growth of 83.7 per... Read more

Apparel Retailers' FY21 Revenue May Fall 30% Due To Covid-19: Crisil Report

Banking - Published date: .

Demand is expected to recover to pre-lockdown levels only during the October-December festive season, it added 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

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

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

ONGC Seeks Crude Price Assurance Of $45 Per Barrel, Cuts Capex By 15%

Banking - Published date: .

The largest domestic oil and gas producer had budgeted a capex of Rs 32,502 crore for the financial year, which has now ... Read more

Post Lockdown, UP Green Panel Shuts 50% Capacity Of Kanpur Tanneries

Banking - Published date: .

Issues monthly roster for tanneries to operate for 15 days each by rotation Read more

HCL's Covid-19 Response Centre Gets 250,000 Queries, 60% Related To Food

Banking - Published date: .

The 'all-in-one' control room, which can be reached on toll free number 18004192211, was set up by HCL at one of its fac... Read more

Fortis Healthcare Reports Fall In Hospital Occupancy Due To Covid-19 Crisis

Banking - Published date: .

The company's diagnostics business also witnessed 75 per cent drop in volumes in April. Patients choose to postpone elec... Read more

Wage Payments During Lockdown: No Action On Employers Till July, Rules SC

Banking - Published date: .

States should facilitate settlement between companies and employees over wages, says court. Read more

Ashok Leyland Sees Demand Pick-up In Short Term; Eyes Maintenance, Repairs

Banking - Published date: .

With subdued demand for new vehicles in short term, higher demand is expected for repairs and maintenance of existing fl... Read more

Covid-19 Impact: Xiaomi, Oppo Turn To Expensive Imports As Units Struggle

Banking - Published date: .

The move is a costly one as the world's second-largest smartphone market imposes steep tariffs on imports of devices and... Read more

With Little Access To Doctors, Drug Firms Go Digital To Stay Relevant

Banking - Published date: .

The rise of e-pharmacies and tele-consultations during Covid-19 has made it easier for healthcare companies to access pa... Read more

Microsoft Helping Retail Clients Deal With Post-lockdown World, Says COO

Banking - Published date: .

Planning for a post-lockdown world, retailers have realised that competiton will be high and customer needs will shift. Read more

IL&FS Transportation Reports Rs 17,000 Cr Loss In FY20 Amid Lockdown

Banking - Published date: .

During the last fiscal, the company saw a sharp decline in its standalone total income to Rs 786.24 crore, as against Rs... Read more

Covid-19 Impact: UltraTech Cement Restricts FY21 Capex To Rs 1,000 Cr

Banking - Published date: .

In a regulatory filing, the Aditya Birla Group firm said the capital and financial resources of the company remain entir... Read more

DLF Posts Rs 130-cr Loss In March Quarter; Operating Revenue Plunges 32%

Banking - Published date: .

It had posted Rs 230 crore PBT during the corresponding quarter last year on a consolidated basis. Read more