M&M Domestic Vehicle Sales Decline 79% in May
Mahindra & Mahindra Ltd (M&M) has posted a 79 per cent decline in its domestic vehicle sales to 9,076 units in May. The company partially resumed...
Author : Amrita Chakravorty
MakeMyTrip to Lay off 10% of its Workforce as Revenues Hit
Online travel aggregator MakeMyTrip (MMT) will lay off around 350 employees, comprising 10% of the workforce, citing slowdown in the business due to global travel restrictions to...
Amazon Removes Racist Images Appeared on AirPods Search in UK
Amazon has removed racist images that appeared on some listings for Apple AirPods and other headphones in the UK. The images appeared on Amazon UK...
Voltas Proves its Mettle with Strong Cooling Products Sales in Q4
Voltas Ltd’s share soared 9 per cent in trade on Monday after the company impressed the Street with its better-than-expected March quarter performance. Revenues grew 1.4...
Sensex Up 703 Pts, Reaches 33,127; Nifty Rises +2.26%, Today
Indian equity benchmark Sensex was 703 points (2.2%) higher at 09:18, while the broader Nifty 50 index was +2.26 per cent higher. During the session,...
Xiaomi to Introduce New Laptop Series in India Soon
Xiaomi has been consistently teasing users about the launch of their new laptop series. The latest addition to the series is a direct call to all...
RIL Turns Alok Industries Facility to PPE Manufacturing Unit
Reliance Industries Ltd, which acquired textile manufacturer Alok Industries last year, has redeployed the manufacturing capacities of the company in Silvassa, Gujarat to exclusively manufacturing Personal...
Oil Prices Fall as US Fuel Demand Remains Weak
Today, oil prices edged lower after US inventory data showed lacklustre fuel demand in the world’s largest oil consumer while worsening US-China tensions weighed on...
Karnataka Bank Fined Rs 1.2 Cr by Reserve Bank of India
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning...
FDI Inflows From Cayman Islands into India Triples in FY20
Foreign direct investment (FDI) inflows into India picked up in FY20 to grow at 13 per cent as Cayman Islands emerged as a major source of...