Page 3191 - Company News

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

How a bunch of outfits are still getting organic produce to your doorstep

Ritwik Sharma on the outfits that are bringing organic farm produce to your doorstep during the lockdown

Walmart, Flipkart secure one million medical gowns in coronavirus fight

The companies have committed Rs 46 crore to support India's fight against the pandemic.

Larsen & Toubro to now manage communication network of armed forces

The final step was taken when L&T secured a coveted order to create the software backbone that ill manage the AFN

Hyundai plans to go ahead with new launches, doesn't see Covid-19 roadblock

Company says work-from-home has been useful; doesn't foresee any delay in launches as it awaits govt clarity on resuming operations

Suzlon board okays proposals to restructure outstanding debt, bonds dues

A company official said the company's outstanding debt is close to Rs 12,500 crore, while due bonds are worth USD 172 million

Eros merges with Hollywood producer STX Entertainment in bid to go global

It's an all-stock deal, newly-formed entity Eros STX Entertainment Corp sees $125 million in PE Funding

Punjab & Sind Bank declares Golden Jubilee Hotels as fraud account

Golden Jubilee Hotels Pvt Ltd is a public-private partnership (PPP) with the Department of Tourism and Youth Advancement, Tourism & Culture, Government of Telangana

Covid-19 lockdown to further paralyse cash flow, coal supply of power units

Sector experts believe the double trouble is likely to stay for the next three quarters and could hurt the supply chain from coal to power despatch.