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Tata Steel seeks GBP 500mn government bailout in UKBusiness
Tata Steel's UK arm seeks GBP 500 million government bailout package

The GBP 500-million figure is said to be a -"ballpark-" estimate of the company's funding need

26 April 2020 10:22 AM IST

Representational image (PTI)Business
HDFC acquires 6.43 pc stake in Reliance Capital

The company acquired 25.27 crore shares of Rs 10 each, adding that the total value of these shares are Rs 252 crore

25 April 2020 4:15 PM IST

Representational imageBusiness
Discussed decision to shut 6 MF schemes with Sebi: Franklin Templeton

The fund manager said that investors will have to wait for a few months to get their money

24 April 2020 4:33 PM IST

MSIs Manesar (Haryana) plant is outside the limits of Gurugram Municipal Corporation, while its Gurugram plant falls within the city limits. File PhotoBusiness
Haryana permits Maruti Suzuki to operate Manesar plant on single shift...

The two plants in Haryana have an installed capacity to roll out 15.5 lakh units per annum

22 April 2020 5:11 PM IST

The company, which has around 10,000 employees in the country, is a leading player in the hospitality industry. File PhotoBusiness
OYO issues 25% pay cut for employees; sends staff on leave with...

The company, however, confirmed that the employees will receive an ex-gratia amount equal to a total of 60 per cent of...

22 April 2020 4:17 PM IST

In this file photo taken on March 22, 2018 a visitor passes a mural depicting various social media sites logos, including Facebook, inside a building in Bangalore. AFP PhotoBusiness
Jio's deal with Facebook to look at local E-commerce, says Mukesh...

Facebook announced an investment of USD 5.7 billion (Rs 43,574 crore) to buy a 9.99 per cent stake in Ambani's telecom...

22 April 2020 12:39 PM IST

) This file photo taken on July 4, 2019 in Nantes shows logos of the US online social media and social networking service Facebook. AFP PhotoBusiness
Facebook takes 5.7 billion dollar stake in Indian digital platforms

The deal is one of the biggest foreign investments made in India and will give the US social media giant a 10-percent...

22 April 2020 9:08 AM IST

The survey found that 42 per cent of respondents have not taken a decision on salary increment budgets for this year. AP PhotoBusiness
Nearly 57 per cent of companies to face pandemic's negative impact,...

The survey also noted that 19 per cent expect an adverse impact to last over a two-year period

21 April 2020 5:25 PM IST

Triumphs Bonneville range, which is also its highest selling, is already available in BS-VI variantsBusiness
Amid covid crisis, British superbike Triumph deferes price hike for...

The company has also extended warranty timelines on its bikes which were due to expire between March 20– May 3, 2020,...

21 April 2020 3:34 PM IST

Embattled liquor baron Vijay MallyaBusiness
Will continue to pursue legal remedies, Mallya says after losing...

The dismissal of the appeal this week means Mallya has 14 days to apply for permission to appeal to the UK Supreme Court

21 April 2020 1:39 PM IST

AirAsia cuts staff salaries by up to 20 pc for April. (AFP Photo)Business
AirAsia cuts staff salaries by up to 20% for April amid lockdown

Those drawing Rs 50,000 per month or less have been spared from the wage cut

20 April 2020 2:02 PM IST

SpiceJet to send select staff on leave without pay. (PTI Photo)Business
After GoAir, SpiceJet to send select staff on leave without pay

Earlier, the budget carrier had sent employees on leave without pay from March 25 to 3

19 April 2020 4:58 PM IST

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