LiveGeneral Electric to Cut 10,000 Aviation Jobs
General Electric has announced it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates the industry, forcing companies to...
Category : BUSINESS
Hero MotoCorp to Start Manufacturing Operations from Wed
Hero MotorCorp, India’s largest two-wheeler manufacturer, reopened its plants based in Haryana and Uttarakhand on Monday and will start production operations from Wednesday. The Union...
Silver Lake to Invest Rs 5,655 Crore in RIL's Jio Platforms
US private equity firm Silver Lake will invest Rs 5,655.75 crore in Jio Platforms, a wholly-owned subsidiary of Reliance Industries Limited (RIL), the company said...
Logistics Startup LoadShare Raises Rs 100 Cr Led by BEENEXT
Logistics startup LoadShare Networks has raised a Series B funding round of Rs 100 crore led by BEENEXT along with participation from CDC Group. Existing...
India April Manufacturing PMI at Record Low of 27.4
India’s manufacturing activity slumped to a record low in April as business activities came to a near standstill after the Centre imposed a nationwide lockdown,...
MG Motor Reports Nil Retail Sales for April Amid Lockdown
MG Motor India Pvt Ltd, the maker of Hector sports utility vehicle, on Friday reported nil retail sales for April as all dealerships remained shut...
Maruti Suzuki Records Nil Domestic Sales in April
India’s largest carmaker Maruti Suzuki India Ltd (MSIL) sold zero units in the domestic market in April as all its production facilities were shut due...
Hyatt to Hire Hygiene Managers Across Properties
Hospitality chain Hyatt has become the latest to announce a global enhanced cleanliness, disinfection and sanitation programme to ensure guest safety and peace of mind....
Glenmark Pharma Shares Jump Nearly 9% on DCGI
On Thursday, Glenmark Pharmaceuticals’ gained nearly 9 per cent after the company said it has received approval from DCGI to conduct clinical trials of tablets...
Microsoft Teams Hits 75 Million Daily Users
Microsoft’s enterprise communication tool Teams now has more than 75 million daily active users and number of organisations integrating their third-party and line of business...