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Latest Articles in Companies Markets

Novelis Gets Last EC Clearance For Aleris Acqusition

Novelis satisfied that condition when the European Commission determined that the proposed purchaser, Liberty House Group, is a suitable buyer of the Duffel facility.

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Tesla's China Sales Hit Record High In March - Industry Association

Tesla sold around 3,900 units in February, up from 2,620 vehicles in January, CPCA data showed. CPCA uses a different counting method than Tesla's deliveries.

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ITC provides Meals, Food Products & Hygiene Essentials To Needy Across 17 States

This initiative is currently going on in full swing with more than 1 million pieces of Savlon soaps, 3 lakh packets of YiPPee! noodles, nearly 6 lakh packets of Sunfeast biscuits and 1.5 lakh packs of B Natural fruit juices being delivered to district authorities till date

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Sanitizers & Masks The New Essentials

Since the Covid-19 outbreak, the brand has witnessed an increase in orders from 10 000 per day to 40 000 per day for their products of which 85-90 per cent are for the N-95 masks.

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Why you Must Choose a Multi-Year Insurance Cover for your Two-Wheelers

A multi-year policy reduces your paperwork and helps you save the money and time spent on renewals every year. So, you must go for it.

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Fast Retailing Cuts Profit Outlook By 41% As Virus Hits Uniqlo China Sales

The company forecast an operating profit of 145 billion yen in the full year through end-August, down from a previous forecast of 245 billion yen.

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FMCG Major Marico Expects Significant Decline In Revenue Due To COVID-19 Lockdown

Marico is one of India's leading consumer products companies in the global beauty and wellness space. During 2018-19, it recorded a turnover of Rs 7,300 crore through its products sold in India and chosen markets in Asia and Africa.

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Zoom Hires Ex-Facebook Security Chief As Google Bans Desktop App

Zoom shares were up 3.8% in late trade on Wednesday after shedding a third in value over the previous 10 days.

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Nifty, Sensex Track Asian Peers Higher On Hopes Of Pandemic Nearing Peak

The broader NSE Nifty 50 index was up 2.37% at 8,955.85, as of 0345 GMT, while the benchmark S&P BSE Sensex index rose 2.33% to 30,590.78.

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Automakers Push To Reopen Plants With Testing And Lots Of Masks

Auto manufacturers and suppliers are converging on a consensus that temperature screening, daily health questionnaires, assembly lines redesigned to keep workers 3 to 6 feet (0.9 m to 1.8 m) apart.

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US Approves Google Request To Use Segment Of US-Asia Undersea Cable

Google and Facebook Inc helped pay for construction of the now completed telecommunications link but U.S. regulators have blocked its use.

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Home Sales Down By 19% In Q1 2020: PropEquity Study

A report by PropEquity shows sales or absorption of housing units dropped by 19 per cent across top-9 cities in India in the first quarter of 2020 to 55,138 units versus 68,216 units in Q4 2019

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Industry Bodies Call For Phased Opening Of Economy With Healthy Stimulus Dose

COVID-19 is a global health and economic crisis with an abrupt halt of activity across nations which has deeply slowed down consumption, said FICCI's Secretary General Dilip Chenoy.

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Bond Investors To Test India's Yield Comfort In First Auction Of Year

Yields on 10-year bonds have climbed nearly 50 basis points, to around 6.44%, since late March, when the Reserve Bank of India (RBI) delivered a bigger-than-hoped 75 bps rate cut and infused large amounts of cash into the system.

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Indian White Sugar Exports At Near Standstill As Lockdown Bites

Of the 3.75 million tonnes of sugar export deals agreed to since the start of the season on Oct 1, Indian mills have shipped out 2.86 million tonnes, the All India Sugar Trade Association said.

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