An indefinite strike by about 20,000 employees of the Hindustan Aeronautics Ltd (HAL) for wage revision on Monday grounded the operations of the state-run defence behemoth across the country, a union official said. "The response to our strike call has been overwhelming with all the employees ...
City based Siemens Gamesa Renewable Power Private Ltd (SGRP), the first wind turbine company in the world to win the prestigious Deming award, faced the challenge of not having any ready toolkit to adapt from unlike the automobile industries, said a top company official....
The Indian Railway Catering and Tourism Corporation made a strong debut on the exchanges on Monday. The Railway catering company almost doubled its issue price of Rs 320 during the early trade. IRCTC on the BSE, at 12.34 a.m., was up 11.49 per cent at Rs 718 a share after ...
The Indian Institute of Technology-Madras (IITM) on Monday said it has entered into an agreement with ExxonMobil Research and Engineering Company (EMRE) for research on energy and biofuels. In a statement issued here, IIT-M said it will be a five year joint research ...
Chinese and American trade negotiators have reached a preliminary agreement aimed at easing the ongoing trade war between the two nations after holding a new round of high-level talks in Washington, media reports said...
Rs 1,260 crore has been diverted to Malvinder Singh's firm RHC Holdings Pvt Ltd in order to square off liabilities, the Economic Offences Wing (EOW) probing the Religare Fraud Case told a Delhi Court. "The forensic audit conducted by SEBI revealed that Rs 1,260 crore have been...
US aerospace major Boeing has stripped CEO Dennis Muilenburg of his dual role as Chairman in an unexpected shake-up at the highest ranks of the company amid the prolonged crisis of its 737 MAX aircraft that has been globally grounded following two fatal crashes. ...
The US dollar pulled back on Friday, as investors expected a positive result of the latest round of US-China trade talks. In late New York trading, the euro increased to $1.1041 from $1.1005 in the previous session, and the British pound increased to $1.2659 from $1.2444 in ...
ndian banks' credit growth rate, for the first time this fiscal, slowed to single digit at 8.8 per cent to Rs 97.71 lakh crore during the fortnight to September 27, according to the Reserve Bank of India supplementary data. During the same period, deposits climbed 9.4 per cent. ...
Despite a 135 basis point rate cut since February and a number of measures announced by the central government including the corporate tax cut, vehicle sales plummeted for the 11th straight month. Society of Automobile Sales (SIAM) data released on Friday showed that commercial ...