Business

Profitability of FOCs likely to remain subdued over the medium term

According to investment information agency ICRA, the profitability of foreign passenger vehicle non-banking finance company captives (FOCs) is likely…

ArcelorMittal comes out with $1 bn fixed cost-reduction programme in which it would cut 20 pc staff

Global steel giant ArcelorMittal has come out with a USD 1 billion fixed cost-reduction programme under which the company would be reducing 20 per…

Netflix CEO lauds efforts of Reliance Jio to bring about a sharp fall in data prices in India

Netflix head honcho Reed Hastings has lauded  the efforts of Reliance Jio to have brought about a dramatic fall of data prices in India resulting in…

Pride Hotels signs MoU with IRCTC; to give train passengers hassle-free stay in any of the Pride properties

The Pride Group of Hotels has entered into a MoU with IRCTC, the e-ticketing and catering arm of the Indian Railways, to deliver a luxurious and safe…

Future Group wants approval from NCLT to hold shareholders meeting

The Future Group has moved an application in the Mumbai bench of National Company Law Tribunal (NCLT) seeking the tribunal's approval to hold its…

Govt extends deadline for submission of bid for Shipping Corp to

The government has extended the deadline for submission of preliminary bids to buy Shipping Corp of India to March 1.

The Department of Investment…

Perfect Relations wins Communication mandate for FloBiz

India’s renowned public relations consultancy, Perfect Relations which has market-leading practices in the fintech and start up domain, has won the…

GLIM Chennai organises Virtual TEDx 2021 to promote idea of being true to oneself

Great Lakes Institute of Management (GLIM), Chennai is organising an online event TEDxGLIMChennai – 2021. The theme of the event is ‘Shed the Layers’ which…