MRF Q1 results: Profit falls 95% at Rs 13 crore
Revenue from operations in the period under review stood at Rs 2,460.70 crore as against Rs 4,470.82 crore in the corresponding quarter last fiscal.
India credit woes ease further as dollar loan pipeline rebounds
Borrowers have sought at least $5 billion of dollar facilities since July 1. ...
Analysis: A tale of three pharma companies and a quarter
Cipla beat expectations riding the demand for Covid medication. The Street is likely...
IT, BPM companies see a sharp rise in digital transformation deals
With the pandemic impacting all aspects of life, businesses across varied global markets have suddenly realised the need to shift their services and offerings online.
Planned layoffs at British companies surge due to detrimental economic impact
During the pandemic the government has been paying the salaries of almost 10 million furloughed workers. Economists are predicting a surge in unemployment when that program ends in October.
Is the worst over for Tata Steel post Rs 4,609 crore loss in Q1?
In its quarterly results, Tata Steel highlighted that it has managed to generate free cash flow of Rs 700 crore post capex in a challenging quarter.
BSE StAR MF launches brokerage management services
The exchange has partnered with PGIM MF, LIC MF, and Quantum MF for launching this service, BSE said in a statement.
54% rise in number of transcating sellers during Independence Day sale: Flipkart
Flipkart held an 'Independence Day Sale' from August 6-10, where sellers on the platform witnessed significant business growth. About 8,000 newly onboarded sellers participated in their first sale event and over 450 of them became 'lakhpatis' over these five days, Flipkart said in a statement.
BPO firm Teleperformance hires over 12,000 people in last three months using digital hiring strategy
The digital hiring is allowing the company to reach talent in smaller cities across the country as it was no longer constricted to hire in locations where it has centres, Aditya Arora, chief executive officer of Teleperformance India, told ET.
Migrants look to return to urban pockets for employment
Data showed that remittances from labour hubs like Madurai, Surat, Jaipur, Faridabad, Jamshedpur, and Lucknow have seen a surge, with flows nearly back to levels seen before the pandemic. That is likely reflective of a return to normality in several geographies with significant economic impact.
Expert group, vaccine makers to discuss timelines and more
Three Covid-19 vaccine candidates are in various phases of clinical trials in India. Covaxin by Bharat Biotech and the DNA vaccine of Zydus Cadila are completing phase 1 trials, while the Astra Zeneca- Oxford University vaccine being manufactured by Serum Institute of India will begin phase 2 trials next week.
LG Electronics sets up company-owned e-store in India, hopes to boost appliance sales
The company-owned e-store will focus on the premium-end products with an assortment of 150 models right now, but will eventually sell 60-70% of its entire portfolio.
Indian Hotels gains 3.5% as company reduces costs by 51% in June quarter
India’s largest listed hotels company by room count Indian Hotels has managed this pandemic the way a sector leader is expected to manage.
Berger Paints India Q1 results: Net profit down 91% to Rs 15 crore
Revenue from operations dropped 45.77 per cent to Rs 930.76 crore during the quarter under review, as against Rs 1,716.53 crore earlier.
Indraprastha Gas Ltd. shares 0.0% as Nifty gains
A total of 29,786 shares changed hands on the counter till 12:53PM (IST).