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The company warned that its movies division would likely suffer for two or three years due to delays in film projects and limits to theater seating because of the pandemic. … Read More
Income from operations fell to ₹ 88,936.54 crore in April-June. Indian Oil Corporation Ltd (IOC), the nation’s biggest oil firm, on Friday reported a 47% drop in its June quarter … Read More
The Chinese company has felt the heat of U.S. sanctions that have disrupted its business overseas, but the latest numbers show its rising dominance in its home market. China’s Huawei … Read More
Farm potential unrealised: Arthur D. Little managing partner India should urgently look at comprehensive reforms to make agriculture a sustainable and scalable industry, says Barnik Chitran Maitra, managing partner, India, … Read More
Consolidated production in April-June quarter falls 28.5% Tata Steel Ltd. (TSL) on Thursday said its consolidated sales fell 22.8% to 5.28 million tonnes (MT) during the April-June quarter, from consolidated … Read More
Companies had sufficient time to pay the tax announced in Budget, says official The government is not considering extending the deadline for payment of Equalisation Levy by non-resident e-commerce players, … Read More
The enterprise value for the project is estimated at ₹1,286 crore. Adani Transmission Ltd (ATL) has signed definitive agreements with Kalpataru Power Transmission Ltd. (KPTL) for acquiring Alipurduar Transmission Ltd. … Read More
‘₹45,860 crore disbursed till June 26’ The Finance Ministry on Tuesday said banks have sanctioned more than ₹1 lakh-crore loans under the ₹3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) … Read More
This was announced as part of the ₹20 lakh crore package to tackle the economic slump resulting from COVID-19 pandemic. Food Processing Minister Harsimrat Kaur Badal said a ‘one district, … Read More
Pandemic adds to cash flow pressures Moody’s Investors Service on Thursday said it had downgraded Tata Motors’ rating as the company faces tough market conditions amid the COVID-19 pandemic. The … Read More
