HDFC Bank offers loan deferment option to customers

New Delhi: HDFC Bank on Wednesday offered to defer EMIs in the wake of the coronavirus pandemic. The bank in an email to its customers said the prevailing situation may pose…

Financial markets to remain closed for Ram Navami

Mumbai: The BSE, National Stock Exchange, and currency markets will remain closed on Thursday on account of Ram Navami’.  

SpiceJet to cut up to 30 pc salary of employees in March

Mumbai: Budget carrier SpiceJet has decided to cut up to 30 per cent salary of its employees in March with Chairman Ajay Singh opting for the highest 30 per cent…

Maruti reports 47 pc in March sales

New Delhi: The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a 47 per cent decline in sales at 83,792 units in March. The company had sold 1,58,076 units…

Sensex rallies 1,028 pts; logs off FY20 with 23.80 pc loss

Mumbai: Equity indices notched up smart gains on the last day of 2019-20 on Tuesday, but ended deep in the red for the fiscal as the global coronavirus pandemic triggered record-shattering…

Xiaomi commits Rs 15 cr to fight against COVID-19

New Delhi: Chinese electronics major Xiaomi on Tuesday pledged Rs 15 crore contribution towards India’s fight against COVID-19. Of this, Xiaomi will donate Rs 10 crore to the PM’s relief fund…

COVID-19: Govt extends validity of lower with holding tax orders by 3 mths till Jun 30

New Delhi: The Finance Ministry on Tuesday extended the validity of all lower withholding tax orders by three months till June 30 in view of hardships caused due to COVID-19 pandemic.…

Sensex rallies 1,028 pts; energy, FMCG stocks soar

Mumbai: Equity benchmark Sensex surged over 1,028 points on the last day of 2019-20 fiscal on Tuesday, led by gains in energy, financial and FMCG stocks amid a recovery in…

Sensex spikes over 800 pts in early trade; Nifty tests 8,400

Mumbai: Equity benchmark Sensex surged over 800 points in the opening session on Tuesday led by gains in index heavyweights Reliance Industries, HDFC twins and Infosys amid the recovery in…

Coronavirus: Mallya asks FM to consider his offer to repay Kingfisher Airlines’ dues

New Delhi: Embattled liquor baron Vijay Mallya, on Tuesday asked Finance Minister Nirmala Sitharaman to consider his repeated “offer to repay 100 per cent” of the amount borrowed by now-defunct…

Rupee rises 8 paise to 75.51 against US dollar in early trade

Mumbai: The Indian rupee appreciated by 8 paise to 75.51 against the US dollar in early trade on Tuesday tracking positive opening in domestic equities. Forex traders said the rupee is…

Sensex tanks over 1,100 pts; Nifty slumps below 8,400

Mumbai: Equity benchmark Sensex plunged over 1,100 points in the opening session on Monday tracking losses in global equities as the unabated spike in COVID-19 cases across the world has hammered…

Rupee slips 32 paise to 75.21 against US dollar in early trade amid coronavirus scare

Mumbai: The Indian fell 32 paise to 75.21 against the US dollar in opening trade on Monday, as investors braced for a prolonged period of uncertainty as coronavirus-induced lockdowns tightened across…

Coronavirus: Kalyan Jewellers to spend Rs 10 cr to provide food, essential items to needy

Mumbai: Kalyan Jewellers has said it will set aside Rs 10 crore towards fighting the COVID-19 (coronavirus) pandemic. The company will partner with local and government bodies to ensure that the…

USFDA classifies Sun Pharma’s Halol facility as official action indicated

New Delhi: Drug major Sun Pharmaceutical on Sunday said the US health regulator has classified its Halol facility in Gujarat as Official Action Indicated (OAI). The United States Food and…

Contributions to PM relief fund will help cos meet CSR obligations, says govt official

New Delhi: Corporates have spent Rs 52,000 crore towards social welfare activities in the last five financial years and now making contributions to the Prime Minister’s relief fund will further help…

NTPC converts its hopitals into COVID-19 units

New Delhi: State-owned power giant NTPC Ltd on Saturday said it has stepped up vigil against global coronavirus pandemic by converting its hospitals into dedicated Covid-19 units. NTPC has already utilized…

Labour Min allows EPF withdrawal amid lockdown

New Delhi: The labour ministry has allowed over 6 crore subscribers of retirement fund body EPFO to withdraw an amount not exceeding their three months basic pay and dearness allowance…

Maruti joins hands with AgVa Healthcare to scale up ventilator production

New Delhi: Maruti Suzuki India (MSI) on Saturday said it will work with AgVa Healthcare to help it rapidly scale up the production of ventilators in the country in wake…

Infosys terminates services of employee making inappropriate post on social media

New Delhi: Infosys on Friday said it has terminated the services of the employee who had made an “inappropriate post” on social media related to the coronavirus outbreak. Infosys, in a…