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Reliance Industries head Mukesh Ambani has chosen to renounce his whole pay as the organization reported compensation cuts and suspension of execution connected installments for its representatives in the hydrocarbon business which has been seriously hit because of frail interest in the midst of the coronavirus pandemic. PM Narendra Modi...
GlaxoSmithKline (GSK) sold a 5.7% stake in Hindustan Unilever for $3.35 billion (approx ₹25,480 crores), making it the biggest optional exchange on Indian stock trades. About 133.77 million offers were sold for ₹1,905 an offer, all things considered, raising gross continues of around $3.59 billion. GSK and HUL had...
Infosys fellow benefactor shared his musings on what should be done to resuscitate the economy. The financial effect of the lockdown because of the COVID-19 pandemic has everybody stressed. As the most recent day for the all-inclusive lockdown – May 3 – moves nearer, there are numerous inquiries concerning...
Reliance Industries Ltd, the administrator of the world's greatest refining unpredictable, revealed a 39% drop in its March quarter benefit, the steepest drop since December 2008, as a sharp fall in oil costs and lower fuel requests pounded its predominant vitality organizations. The organization, India's biggest by showcase esteem,...
India needs to resume its economy as fast as possible so that people start having jobs, for which have been lost due to the COVID-19 situation, said by former Reserve Bank of India Governor Raghuram Rajan. In an interaction with former Congress president Rahul Gandhi, Rajan said India needed...
Intel Corp.traded off specialist wellbeing at a portion of its plants to keep up chip creation amidst the Covid-19 pandemic, as per grievances documented with government offices and workers at one of the locales. To the extent Intel knows, there has been no transmission of the infection at an...
Billionaire Mukesh Ambani’s stake sales in the Jio Platforms has helped lift an otherwise the tepid venture investment activity in May, that taking the allover inflows to USD 5.4 billion as against tto USD 935 million in April. The investments have literally doubled as compared to the year ago...
The Securities and Exchange Board of India (SEBI) told on Thursday that it has advised Franklin Templeton Mutual Fund to focus on returning money to investors, in the context of their winding up six of their debt schemes. The market regulator's comments come a day after Franklin Templeton’s global...
There were talks about the Kia Seltos getting new features and this had to happen. With the all-new Hyundai Creta that gnawing at its feet, Kia Motors India had to take some action as the company has today launched the refreshed Kia Seltos. We don’t mean a facelift but...
Most of the sectoral indices ended lower with up to 3.06 percent decline. Nifty Financial Services dropped 272 points dragged by M&M Financial Services, Shriram Transport Finance, and PFC as well. Halting the 3-day rally, BSE Sensex and Nifty 50 ended in the red as the extension of the moratorium...