Page 3178 - Company News

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.

Covid-19 impact: No respite from lockdown for auto firms in Maharashtra

Factories of some of the country's leading auto firms like Volkswagen, Bajaj Auto, Mercedez-Benz, FIAT India, and Mahindra and Mahindra, among others, are located in these areas

Amid Covid-19 crisis, auto firms rush online for nod to open factories

Big manufacturers say they would take more time to be ready to comply with the guidelines and get permissions before starting production

Govt bets on artificial intelligence, data analytics to weed out shell cos

Generally, shell companies are those which are not complying with regulations and many such entities are allegedly used for money laundering and other illegal activities

HDFC Bank's Q4 performance strong, but investors will have to be wary

Provisioning costs higher than expected; FY21 EPS estimated to decline by 2-4 per cent

Cognizant hit by 'Maze' ransomware attack amid coronavirus crisis

The anonymous hackers behind Maze have made headlines in recent months for publicly holding their victims hostage by threatening to leak company information if the target doesn't pay the ransom

Cognizant hit by 'Maze' ransomware attack, says clients facing disruption

The incident comes at a time when businesses have been disrupted by coronavirus pandemic that has forced companies to turn to initiatives like work from home

Covid-19 impact: Biz environment gets tougher for ports, logistics firms

Already reeling under economic slowdown, companies grapple with demand shock

AXA moots mass insurance scheme for loss of income during pandemic lockdown

The insurance cover can guarantee a regular pay-out for a specific time frame to these affected individuals

Covid-19: Gold loan providers to resume operations of 90% of their branches

These companies are prepared to lend more to customers as the price of gold mortgaged by them has gone up sharply, making them eligible for larger loans