New Delhi, May 23 (IANS): Banks may not extend second moratorium to all their customers amid gradual resumption in business activity and rising asset quality risk emerging from longer duration loan forbearance.
San Francisco, May 23 (IANS): Arvind Krishna-led tech giant IBM has joined the league of companies who have started firing employees in tough Covid-19 times.
The company confirmed the lay offs in a stateme
New Delhi, May 22 (IANS): Union Finance Minister Nirmala Sitharaman on Friday met with heads of public sector banks (PSB) through videoconference for the operationalisation of the economic package under the
New York, May 23 (IANS): US stocks closed mixed on Friday as investors grappled with uncertainties over the COVID-19 pandemic.
The Dow Jones Industrial Average decreased 8.96 points, or 0.04 per ce
New York, May 23 (IANS): As millions of US citizens lost their jobs in the Covid-19 pandemic, nations billionaires saw their net worth jump $434 billion in the first two months of pandemic, led by Amazon F
NEW DELHI, MAY 22 (IANS): Amazon India on Friday announced that it has opened close to 50,000 seasonal roles across its fulfillment centres and delivery network to meet the surge in demand for products on its p
BENGALURU, MAY 22 (IANS): Infosys on Friday said that the class action lawsuit filed against the company in the US has been "voluntarily dismissed" by the plaintiff.
In October 2019, a cl
NEW DELHI, MAY 22 (IANS): The Centre has given tax refunds worth Rs 26,242 crore to 16,84,298 tax assesses since April 1.
Till May 21, the Central Board of Direct Taxes (CBDT) has issued Income Tax
NEW DELHI, MAY 22 (IANS): Top travel and hospitality companies led by MakeMyTrip on Friday came together to make a safety pledge to prioritise safety of travellers, maintenance of high-hygiene standards and adh
New Delhi, May 22 (IANS): Maruti Suzuki India on Friday announced a partnership with Cholamandalam Investment & Finance Company Ltd (CIFCL) to provide customised auto retail financing solutions to retail bu
NEW DELHI, MAY 22 (IANS): Moody's Investors Service said on Friday that economic damage as a result of India's coronavirus lockdown will likely be extensive and reflect the country's inherent econom
NEW DELHI, MAY 22 (IANS): A day after the Indian Railways started taking bookings for 200 special trains from June 1, within 24 hours the national transporter sold 5.72 lakh tickets for 12.5 lakh passengers. A
New York, May 22 (IANS) US stocks ended lower on Thursday as investors digested a slew of newly-released economic data.
The Dow Jones Industrial Average fell 101.78 points, or 0.41 per cent, to 24,474.1
IANS File Photo.
San Francisco, May 22 (IANS) Facebook CEO Mark Zuckerberg has laid out a detailed remote-working plan to make half of his 50,000-strong workforce work from home by 2030, and e
Mumbai, May 22 (IANS) In a major relief for business groups and conglomerates, the Reserve Bank of India (RBI) has decided to increase the group exposure limit to 30 per cent from the current 25 per cent o
Mumbai, May 22 (IANS): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the GDP growth rate for the financial year 2020-21 is likely to be in the negative territory due to the sever
NEW DELHI, MAY 21 (IANS): As domestic flight services resume on May 25 with one-third of capacity, it will not allow people staying in containment zones to board a flight as they will not be eligible for travel
New Delhi, May 21 (PTI): Auto maker Nissan India on Thursday said it has launched a new digital initiative enabling customers to book and buy vehicles online amid coronavirus pandemic.
The company&
NEW DELHI, MAY 21 (IANS): In a strong signal to leading players Zomato and Swiggy who have been severely hit by Covid-19, ecommerce giant Amazon with deep pockets on Thursday announced it has entered the v
MUMBAI, MAY 21 (IANS): Hindustan Unilever Limited (HUL) on Thursday announced the extension of its collaboration with the United Nations Childrens Fund (UNICEF) to support delivery of essential hygiene p