Business News
BloombergOct 21, 2020
						The entire reductions of some 8,500 jobs amount to around 24% of Cathay’s headcount, one of the largest hits in aviation globally since the outbreak started.
							Aanchal MagazineOct 21, 2020
						Compensation deficit under GST regime: Some states seek no-strings attached borrowing, scrapping payout conditions Subscriber Only
Kerala had last week stated that the whole compensation deficit should be borrowed this year and no amount should be deferred, while Jharkhand had rejected the Centre’s proposal.
							ENS Economic BureauOct 21, 2020
						HUL chairman and MD Sanjiv Mehta said operations and service levels are now back to pre-Covid levels. Total income increased 15.56 per cent to Rs 11,593 crore as against Rs 10,032 crore a year ago.
							Sandeep SinghOct 21, 2020
						While the banking sector’s share in equity Assets Under Management (AUM) of MFs declined from 24.4 per cent in February to 17.9 per cent in September, sectors such as IT, pharmaceuticals and petroleum have seen
							Express Web DeskOct 20, 2020
						As per a survey conducted by community engagement platform LocalCircles, which got over 7,000 responses from startups, MSMEs and entrepreneurs across 104 top business districts in India, 31 per cent of such firms across the
							PTIOct 20, 2020
						The first Mercedes-AMG product to roll out of the assembly line from Mercedes-Benz India's plant at Chakan in Pune will be the AMG GLC 43 4MATIC Coupé, the company said in a statement.
							PTIOct 20, 2020
						Its sales during the quarter under review stood at Rs 11,510 crore, up 15.89 per cent compared to Rs 9,931 crore in the corresponding period a year ago, Hindustan Unilever Ltd (HUL) said in a
							PTIOct 20, 2020
						The scooter will have the SuperSquad logo and the iconic Avengers' 'A' prominently placed on the front panel, leg shield, and below the speedometer. The scooter is powered by a 125 cc engine.
							PTIOct 20, 2020
						As a part of the five-year agreement, Wipro will manage Fortum's application portfolio across hundreds of applications for more than 11,500 users across 18 countries and provide 24/7 support for business-critical applications, a statement said.
							PTIOct 20, 2020
						At the interbank forex market, the domestic currency was trading in a narrow range. It opened at 73.36 against the greenback, gained some ground and touched 73.35, up 2 paise from its previous close.
							PTIOct 20, 2020
						The 30-share BSE index settled 112.77 points or 0.28 per cent higher at 40,544.37. The broader NSE Nifty rose 23.75 points or 0.20 per cent to 11,896.80.
							Express Web DeskOct 20, 2020
						Equitas Small Finance Bank IPO has a price band fixed Rs 32-33 per share and will be open for subscription till Thursday, October 22.
							ENS Economic BureauOct 20, 2020
						Urban unemployment in the age group 15-29 years was 20.6 per cent in July-September 2019, lower than 21.6 per cent in the previous quarter and 23.1 per cent in the same period previous year.
							ENS Economic BureauOct 20, 2020
						The National High-Speed Rail Corporation (NHSRCL) opened financial bids submitted by three infrastructure development firms.
							Khushboo NarayanOct 20, 2020
						The travel firm came under the lens after the ED initiated a probe into allegations of kickbacks taken by Kapoor in lieu of granting loans to several firms that have now defaulted on repayments.
							ENS Economic BureauOct 20, 2020
						EAAA has raised Rs 6,600 crore through its alternative investment fund, ESOF III, the largest fund mobilisation in the private credit space in 2020 amid subdued economic climate.
							George MathewOct 20, 2020
						Insurers’ entry in surety bond biz for infra projects proposed Subscriber Only
In 2016, the Department of Financial Services had written to Irdai to explore the possibility of introducing surety bonds in favour of the Central Board of Indirect Taxes and Customs (CBIC) to facilitate trade by
							ENS Economic BureauOct 19, 2020
						To a question on whether the Finance Ministry would come out with an assessment of economic contraction, Sitharaman said the ministry has started doing some assessment since the beginning of October and would soon come
							PTIOct 19, 2020
						Kalyan Jewellers' promoter T S Kalyanaraman would be offloading shares worth up to Rs 250 crore, while Highdell Investment Ltd would sell up to Rs 500 crore worth of shares through the OFS route.
							PTIOct 19, 2020
						The company opened six new DMart stores during the July-September quarter this fiscal taking its store count to 220 with total retail business area of 8.20 million sq. ft, Avenue Supermarts said in a regulatory
							PTIOct 19, 2020
						The bidders would also be asked to place offers for the entire company, 85 per cent of which would be considered to go towards debt repayment and the balance would accrue to the government, a
							New York TimesOct 19, 2020
						Before viewers watch some of these films that entertained generations of children, they will be warned about scenes that include “negative depictions” and “mistreatment of people or cultures.”
							PTIOct 19, 2020
						She held a virtual meeting with secretaries of coal and petroleum & natural gas, along with the chairman and managing directors (CMDs) of 14 CPSEs belonging to these ministries, an official statement said.
							PTIOct 19, 2020
						Income increased to Rs 3,319.34 crore during the quarter under review as against Rs 3,296.28 crore in the year-ago period, Bank of Maharashtra said in a regulatory filing.
							PTIOct 19, 2020
						The Swift Special Edition comes with a black theme which is accentuated with accessories like the glossy black body kit, spoiler, body side moulding, door visor and fog lamp, among others.
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