Air Fares on Domestic Flights to be Capped
Domestic flights, that are set to resume operations from next week, will have a lower and upper price limit on fares, according to a document...
Category : BUSINESS
NMC’s B.R. Shetty Owes Over $250 Mn to Bank of Baroda
Bank of Baroda is seeking to recover loans worth more than $250 million from NMC founder BR Shetty and his companies and an Indian court has...
Govinda Rajulu Chintala Appointed as Chairman of Nabard
The government has appointed Govinda Rajulu Chintala as chairman of National Bank for Agriculture and Rural Development, an official communication said. Chintala is currently chief...
Uber To Lay Off 3,000 Workers In Second Job Cut This Month
Uber Technologies Inc said on Monday that it would cut an additional 3,000 jobs as coronavirus-led restrictions sap demand for ride-hailing services. Uber had already cut...
Airlines Start Flight Ticket Bookings for June Travel
A number of airlines have started accepting bookings from passengers for domestic flights from June onwards. Under the lockdown 4.0 guidelines, all commercial flight operations...
Biocon’s Q4 Slips Due to Logistics; Stock Under Pressure
The disruption in business due to covid-19 has proven to be acute for Biocon Ltd. With its Q4 figures trailing far behind Street estimates, the...
Zomato Lays off Over 600 Employees, Upto 50% Pay Cut for Rest
Food delivery major Zomato has announced to reduce 13 per cent of its workforce amid coronavirus lockdown. The company also proposed a temporary reduction in...
Samsonite to Pay Rs 25.7 Cr for not Passing on GST Benefits
The National Anti-Profiteering Authority has ordered Samsonite India, makers of American Tourister travel bags, to pay Rs 25.73 crore for continuing to charge higher goods...
Volkswagen India Initiates Safety Programme Across Facilities
Automaker Volkswagen India has introduced a comprehensive programme to implement safety and sanitisation standards across its facilities amid coronavirus pandemic. Under the #VWellnessIndia programme, company’s...
IndoSpace Core Raises Rs 1,000 Crore from HSBC
IndoSpace Core, which owns industrial and logistics parks across major cities in the country, on Wednesday said it has raised Rs 1,000 crore from HSBC...
