Another around three million Americans filed for unemployment benefits last week as the coronavirus pandemic situation continued to exact its terrible toll on the US jobs market. As the reprt says that more than 33 million jobless Americans have been making claims in the past seven weeks. The latest figures...
The Delhi High Court directed the Centre to verify the company's claim of excess GST of Rs 923 crore within two weeks and refund the amount once verified in a relief to telecom major Bharti Airtel. Bharti Airtel claimed that there was excess payment of taxes that by way...
Hong Kong 's wealth fund ensure the stability of the HK currency suffered a HK$86.1 billion i.e. US$11 billion loss in the first quarter. Its biggest ever, as stocks tumbled globally. The HK$4 trillion fund acts as a backstop to ensure the stability of Hong Kong’s currency and as...
Rolls-Royce Holdings is planning to fire about 8,000 employees during the pandemic COVID-19 crisis which has been badly hit the aviation industry. Discussions with labour unions are on and the aircraft engine maker plans to announce the decision by end of May. Moreover, the firm has ditched targets on...
ICICI Lombard hasbeen posted a 23.8 percent rise in March quarter profits at Rs 281.93 crore due to a reduction in underwriting losses as the private insurer’s premium income dropped both for the quarter and full financial year. The loss reduced about Rs 29.42 crore in Q4FY20 as compared...
Tesla Inc. is an American electric vehicle company situateded in California. Recently Tesla shares stumbled after its CEO Elon Musk tweeted on Friday that the company's stock price was “too high”, triggering a free fall in stock prices. According to the report, Tesla shares fell nearly about 12% in...
Maruti Suzuki India Ltd also known as Maruti Udyog Ltd is an automobile manufacturer in India. Maruti Suzuki which is the country's largest carmaker reported on Friday that zero domestic sales last month. That was the first time ever that Maruti Suzuki posted zero sales in a month in...
The Boeing Co. is an American multinational company that designs as well as manufactures and sells airplanes, rotorcraft, rockets, satellites etc through the worldwide. On Thursday the Boeing Company told that it doesn’t have any plan to seek federal aid after raising a whopping $25B in a bond offering,...
Reliance Industries Ltd is the India's largest company, on Thursday said its board has approved to separate its oil-to-chemicals business into a separate division to enable the sale of 20 percent stake in the unit to Saudi national oil company Aramco. After the approval, the oil-to-chemical business will become...
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,...