Business

  • Oil

    Crude reality: price crash means oil firms must slash spending

    Paris: Confronted with a dizzying drop in prices, oil firms face a real challenge as they try to cut investment spending in order to survive a coronavirus-induced collapse in demand coupled with…

  • Ola offers Rs 30k cover for driver-partners affected by COVID-19

    Ola offers Rs 30k cover for driver-partners affected by COVID-19

    Hyderabad: Ola, largest mobility platform and one of the world’s largest ride-hailing companies, on Saturday, shared that it would cover loss of income for driver-partners and their spouses in case they test positive…

  • Growth

    Brazil expects almost 0% growth in 2020 due to virus: government

    Brasilia: Brazil’s government on Friday drastically downgraded its growth projections for 2020 by 2.1 percent to practically zero (0.02 percent) due to the coronavirus pandemic. The Economy Ministry had already dropped its…

  • Hero MotoCorp

    Hero MotoCorp moves SC, seeks deadline extension of BS-IV sale

    New Delhi: Two-wheeler major Hero MotoCorp has approached the Supreme Court seeking extension of the deadline for sale or registration of BS-IV vehicles by three months. In an interlocutory application filed at the…

  • Dr Reddy's unveils new drug in US

    Dr Reddy’s unveils new drug in US

    Hyderabad: Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DR REDDY, NYSE: RDY, along with its subsidiaries together referred to as “Dr. Reddy’s”) today announced the launch of Pyrimethamine Tablets USP, 25 mg,…

  • Wall Street ends higher on energy, tech boost

    New York: Wall Street’s three main stock indexes ended higher, lifted by gains in energy and technology shares. The Dow Jones Industrial Average rose 188.27 points, or 0.95 per cent, to 20,087.19…

  • Sensex

    Sell-off: Sensex trims losses, rupee hits 75/$

    New Delhi: As coronavirus fears refuse to end in the markets, Indian indices ended in the red on Thursday, although with sharp recovery from the initial losses. Pressure also continued in the…

  • Tata Motors

    Tata Motors stocks fall to multi-year low

    New Delhi: Stocks of Tata Motors on Wednesday fell to a multi-year low of Rs 75.10 per share amidst a sector-wide sell-off in the Indian stock markets. On the BSE, its share price…

  • RBI

    RBI extends Rs 60,000-cr credit line to Yes Bank

    New Delhi: To tide over liquidity issue, the Reserve Bank of India (RBI) has extended Rs 60,000-crore credit line to Yes Bank so that it meets obligation of depositors, sources said. This…

  • Dollar

    Asia stocks dive, dollar soars as ECB bazooka fails to ease fear

    Hong Kong: Asian equities sank again Thursday while the dollar surged as a European Central Bank plan to spend more than 800 billion to buy bonds failed to instil optimism in traders…

  • Aviation

    Airlines disappointed with EC guidelines on passenger rights

    Geneva/Brussels: The International Air Transport Association (IATA) and Airlines for Europe (A4E) have reacted with dismay to the European Commission’s new guidelines on the application of the EU261 passenger rights regime. “The…

  • Reliance Industries

    COVID-19: Reliance Industries initiates work-from-home for staff

    Mumbai: India’s largest firm Reliance Industries said on Thursday it has initiated work-from-home for its staff while keeping open consumer-facing businesses of hospital, retail stores and telecom with a minimum workforce amid…

  • Sensex

    Sensex down 1,900, Nifty below 8,000

    Mumbai: Stocks markets opened in the red on Thursday, with a massive nearly 7 per cent fall in the key indices. The sell-off continued in the Indian markets, in line with the…

  • US Stock

    NYSE to move to electronic trading amid COVID-19 outbreak

    New York: The New York Stock Exchange (NYSE) has said it will temporarily close its trading floors and move to fully electronic trading due to the COVID-19 outbreak. All-electronic trading will begin…

  • Sensex

    COVID-19 impact: Stock exchanges measure up to challenge

    Mumbai: There is no threat from COVID-19 to the equity trade in the country, as the country’s benchmark stock exchanges have initiated a number of measures for trade continuity and to safeguard…

  • Honda Recalls Activa 6G, 125, Dio – Is Your Scooter Affected?

    Honda Recalls Activa 6G, 125, Dio – Is Your Scooter Affected?

    Honda has recalled the Activa 6G, Activa 125 and the Dio manufactured between February 14 & February 25 this year due to a fault in the rear cushion Honda Motorcycle and Scooter…

  • Vodafone Idea

    Telecom shares crack; Vodafone Idea plunges 40 pc

    New Delhi: Telecom shares came crashing on Wednesday, led by Vodafone Idea which plunged 40 percent after the Supreme Court pulled up the Centre and telcos for doing self-assessment or reassessment of…

  • Arundhati Bhattacharya

    Bhattacharya to join Salesforce as Chairperson, CEO India

    Mumbai: Global leader in customer relationship management (CRM) Salesforce said on Wednesday that Arundhati Bhattacharya will join the company on April 20 as Chairperson and CEO of its India subsidiary to lead…

  • IndusInd Bank rubbishes speculation on its financial health

    Mumbai: Private sector lender IndusInd Bank has said it is financially strong, well-capitalised, profitable and a growing entity with strong governance. Various market rumours and speculation incorrectly reflect on the bank’s financial…

  • Sensex

    Sensex turns red after opening nearly 400 points up

    Mumbai: The key Indian equity indices reversed initial gains on Wednesday to trade in the red, with the BSE Sensex down 400 points. Volatility continued in the domestic stock markets. At 10.03…

  • NSE

    Equity indices trade lower, banking stocks dip

    Mumbai: Equity benchmark indices were in the negative zone during early hours on Wednesday as worries about coronavirus pandemic eclipsed hopes that broad policy will easily curb the economic impact of the…

  • Sensex

    Markets open on a positive note Wednesday morning

    Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 30,968.84 points and touched a high of 31,101.77 points. The Sensex touched…

  • Hyderabad Airport goes ‘Single-Use Plastic Free’

    Hyderabad Airport goes ‘Single-Use Plastic Free’

    Hyderabad: In line with the Govt. of India’s campaign to phase out Single-use Plastics (SUP) by 2022, GMR led Hyderabad International Airport has declared itself as Single-use Plastic free airport from 1st March 2020; and zero…

  • Gold and Silver

    Gold, silver prices drop to Rs 43,220 and 48,060

    Hyderabad: The Gold prices have seen a consecutive downfall for the past three days yet increased on Tuesday march 17. The gold rate in city was slashed by Rs 270 with 24 carat…

  • PSG logo

    Coronavirus scare: PSG suspend all sporting activities

    Paris: Paris Saint-Germain on Monday suspended all sporting activities of all their professional teams until further notice due to the coronavirus outbreak. The club also announced that they will further assess the…

  • Vodafone Idea

    AGR: Vodafone Idea pays Rs 3,000 cr, says principal amount paid

    New Delhi: Vodafone Idea on Friday has said that it has cleared the principal amount towards AGR dues as it paid Rs 3,354 crore to the Department of Telecommunications (DoT) on Monday.…

  • SBI raises additional $1B untied loan with JBIC

    SBI Cards debuts with 13% discount at Rs 658

    Mumbai: Shares of SBI Cards and Payments Services made a weak debut on the stock exchanges on Monday as it opened at Rs 658, nearly 13 per cent lower than its issue…

  • Ferrari

    Ferrari suspends production in Italy amid coronavirus outbreak

    Washington: Amid a spurt in the cases of coronavirus in Italy, luxury automobile company Ferrari has suspended the production at its two factories in the county from March 16-27. According to Fox…

  • Yes Bank

    Yes Bank to restart full-fledged services from Wednesday

    Mumbai: Financially troubled Yes Bank will restart full-fledged banking services from Wednesday, 6 p.m. onwards. Accordingly, the Reserve Bank imposed moratorium will come to an end at the same time. In a…

  • Sensex

    Market in Red: Sensex falls 2,100 points, Nifty below 9,500

    Mumbai: Coronavirus fears continued to weigh on the investor sentiments as the BSE Sensex plunged over 2,100 points on Monday. The Nifty50 on the National Stock Exchange also dropped over 500 points…

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