LiveDLF Plans to Refinance Rs 1,300 Crore of Debt at Lower Cost
DLF Ltd, India’s largest real estate developer, plans to refinance around Rs 1,300 crore of debt, up for repayment this year, at reduced interest cost,...
Category : BUSINESS
Nestle India Resumes Operations Across Manufacturing Units
Nestle India has resumed operations at all its manufacturing locations and distribution centres as well as its warehouses over two months into India’s lockdown that is...
Banks Enter Offshore Rupee NDF Market
Banks operating from the international financial services centre (IFSC) in Gift City, Ahmedabad, traded in offshore rupee derivatives, or non-deliverable forwards (NDF) market for the first time on...
HCL Technologies Share Price Down 0.27%, Today
Shares of HCL Technologies were down -0.27 per cent today on BSE, underperforming the broader Mumbai market. HCL Technologies shares traded -0.27 per cent lower at Rs...
India’s Covid-19 Fatality Rate per Lakh Population at 0.41% as Against 4.9% Globally: Govt
India’s recovery rate has improved and reached 48.07 per cent among Covid-19 patients, said Union Ministry of Health and Family Welfare on Tuesday. The recovery...
InterGlobe Posts Rs 871 Crore Loss in Jan-Mar
InterGlobe Aviation Ltd, which operates India’s largest airline IndiGo, reported a consolidated net loss of Rs 871 crore for January-March, compared with a Rs 596...
Shriram Transport Plans to Introduce Right Issue Upto Rs 2K Cr
Commercial vehicle financier Shriram Transport Finance Co. Ltd (STFC) has joined the ranks of lenders planning to raise capital and bolster balance sheets to deal...
Kotak Mahindra Bank Jumps 5% After Block Deal
Kotak Mahindra Bank Ltd’s shares has gained as much 5 per cent after a huge block deal which saw around 56 million shares changing hands in...
M&M Domestic Vehicle Sales Decline 79% in May
Mahindra & Mahindra Ltd (M&M) has posted a 79 per cent decline in its domestic vehicle sales to 9,076 units in May. The company partially resumed...
MakeMyTrip to Lay off 10% of its Workforce as Revenues Hit
Online travel aggregator MakeMyTrip (MMT) will lay off around 350 employees, comprising 10% of the workforce, citing slowdown in the business due to global travel restrictions to...