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...
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...
Tesla has not been given the green light to open factory in Fremont, Calif. Alameda County Health Officer Dr. Erica Pan said in a videostreamed town hall meeting on Friday. Tesla made a plan to open as early as Friday in defiance of the county’s extended stay at home...