New Delhi: The production rate of India’s eight major industries remained deep in the red in June 2020, official data showed on Friday. However, the rate of fall in the Index …
India’s core industrial output down 15% in June Read More
Shyamhari Chakra Turning the adversaries of the prevailing pandemic into advantages, the face-masks made of Khadi – India’s fabled fibre that has been a part of the nation’s history and …
Khadi-masks win hearts, spin spectacular business Read More
Mumbai: The country’s biggest lender State Bank of India (SBI) on Friday reported a rise of 81 per cent in its standalone net profit on the back of Q1FY21. Accordingly, …
SBI’s Q1FY21 net profit up 81% Read More
San Francisco: Amazon is planning to get more sellers on board as the company focuses on digitising a lot of micro, small and medium-sized businesses in India and hiring many …
Amazon aims to hire ‘many more’ people in India Read More
New Delhi: As the economy goes through a severe slowdown, which is likely to impact businesses further, Finance Minister Nirmala Sitharaman on Friday said that the government’s focus is now …
Centre in talks with RBI for loan restructuring Read More
San Francisco: As global software major Cognizant implements a programme to improve cost structure amid Covid-19 and optimises its team, the headcount of the company reduced by 10,500 in the …
Cognizant headcount reduced by 10,500 employees in Q2 Read More
New Delhi: Amazon Web Services (AWS), the Cloud arm of retail behemoth Amazon, has become a $43 billion annualized run rate business, up nearly $10 billion in run rate in …
AWS hits $43bn annual run rate biz, Google Cloud reaches $3bn in Q2 Read More
Mumbai: The key Indian equity indices pared initial gains amid volatility to trade in the red on Friday. Decline in the Asian markets weighed on the domestic indices. Selling activity in …
Sensex sheds initial gains to trade in red Read More
Cupertino (California): Apple Chief Financial Officer Luca Maestri has confirmed that the new 2020 iPhones may not launch in September as they usually do. According to Maestri, Apple last year started …
Apple confirms 2020 iPhones won’t arrive in September Read More
New Delhi: Consumers in Delhi have finally heaved a sigh of relief as the price of diesel fell by Rs 8.38 per litre on Friday. The price cut made diesel cheaper …
Diesel run ends in Delhi, now Rs 8.38/l cheaper Read More