Page 3176 - Company News

Covid-19 lockdown: Labour, stockpile make carmakers delay production

Supply chain glitches and unavailability of labour also a deterrent

The future is back in the pits for steelmakers as demand falls rapidly

Iron ore extraction in a falling demand scenario due to cutbacks in steel production is weighing on its prices

Covid-19 a wake-up call, says Ratan Tata in outreach to slum dwellers

Tata said while slums are blamed as the cause of current problem, slum-dwellers are not being properly taken care of

Cadila Healthcare at the forefront, looks at biologic drug to treat Covid

Company is already working on developing 2 vaccine candidates, diagnostic kits and also making HCQ

Covid-19 impact: Steel firms to focus on exports till demand improves

For the next one to two months, the focus will be on a balance between domestic sales and exports, say experts

All that glitters is on video: Tanishq finds a way for gold customers

Titan which sells Tanishq brand gold and diamond jewellery, operates over 350 retail stores across the counter. Apart from that, the company also sells huge quantity of its products online.

Coal India hikes fuel supply commitment level to power utilities to 80%

All coal producing arms of CIL advised to immediately implement the increase; move is designed to encourage power plants to fo domestic supply instead of relying on imports

Dassault Reliance Aerospace resumes operation at MIHAN with 25-30% strength

It plans to gradually scale up later in consultation with District Administration and MIHAN authorities

Facebook launches fundraiser platform to help push Covid-19 relief efforts

With 'Facebook Fundraisers', anyone can set up a dedicated page for a cause, and rally others around a fundraising goal

Credit profile of Indian power utilities likely to remain steady: Fitch

This is despite cash collection delays amid Covid-19 pandemic, as favourable regulatory frameworks ensure stable operating profits, rating agency says

IFC proposes equity investment of $10 mn into India Alternatives' Fund

The Fund is planning to pursue growth capital investments in small to mid-cap companies in India

Coronavirus lockdown keeps companies' yearly, quarterly results in limbo

Till April 19, only 41 out of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.

Covid-19 impact: IndiGo shuts bookings till May 31 after DGCA order

A formal ban on forward bookings from the aviation regulator came after a tweet from Civil Aviation Minister Hardeep Singh Puri

Covid-19 lockdown: India Inc to begin work under curbs, some wait

This comes even as supply chain constraints and labour shortage remain

Pharma traders oppose Medlife-Uber partnership to deliver medicines

Uber, in a press release, had said that the partnership was aimed at ensuring that essential needs are fulfilled right in the safety of customers' homes

Covid-19 impact: Govt backtracks on non-essential items' sale by e-tailers

The norms earlier allowed them to operate without any restriction on their working hours from April 20, provided they ensured strict social distancing.

Flattening the bankruptcy curve: Why IBC cases may surge post-lockdown

Shroff is in favour of introducing a new chapter to the Insolvency and Bankruptcy Code (IBC) with temporary provisions

Covid-19 impact: India Inc confidence index lowest since 2008 crisis

The index fell to 42.9 in the quarter, against 59 in the previous quarter

LinkedIn, Twitter list brands leading the way in fight against Covid-19

It listed five top companies whose work has resonated the most

Steel demand to contract 7.7% in 2020 over coronavirus crisis: ISA

This is in sharp contrast to the earlier projection of 5.1 per cent growth made just a couple of months back, in February.