Ratings agency India Ratings and Research has maintained a negative outlook on the power sector for FY22, on account of a further weakening in the financial position of distribution companies due to Covid-19 led business disruptions. ...
A sprightly recovery in demand has spawned guarded optimism about the credit quality of India Inc, and led to CRISIL's credit ratio (upgrades to downgrades) inching closer to 1 between October and February this fiscal. ...
The key Indian equity indices opened on a positive note on Tuesday. ...
Anti-virus software company McAfee has sold its enterprise business to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $4 billion....
Before Elon Musk-led Tesla finally makes its India entry, ride-hailing platform Ola on Monday announced world's largest two-wheeler manufacturing facility called Ola FutureFactory that will have annual production capacity of one crore vehicles and will be operational by 20...
The European Commission has approved Microsoft's $7.5 billion deal to acquire ZeniMax Media, the parent company of Bethesda Softworks, one of the largest, privately held game developers and publishers in the world. ...
Shareholders of Tata Motors have approved the hiving off of its passenger vehicles business into a separate entity....
Global crude oil prices jumped above $70 a barrel on Monday for the first time since the Covid-19 pandemic began....
The stock market opened in the green on Monday with the Nifty50 on the National Stock Exchange (NSE) reclaiming the 15,000 mark....
Tatas-owned Jaguar Land Rover (JLR) is reducing its workforce in India in a bid to cut cost along with become an agile organisation. ...
