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BusinessToday.In
June 1, 2020
IDBI Bank share price gained 19.95% to Rs 24.35 in early trade and since then was stuck in the upper circuit


BusinessToday.In
New Delhi, May 31, 2020
In the budget 2020-21, Finance Minister Nirmala Sitharaman had announced that the government is looking to sell stake in the public sector insurer via an initial public offering (IPO) during FY21


PTI
May 31, 2020
The sources said, the government will have to cut down its expected realisation from stake dilution of both LIC and IDBI Bank even if the market condition improves


Reuters
May 29, 2020
In a separate transaction, VW said it will pay 1.1 billion euros to acquire 26.5% of Guoxuan High-tech Co Ltd, a maker of electric vehicle batteries, becoming its biggest shareholder


Ankita Chakravarti
New Delhi, May 28, 2020
BevQ, an app provided by Kerala State Beverages Corporation, has crossed 1 Lakh downloads just hours after it was released on Google Play Store.


Reuters
May 27, 2020
The deals would make Volkswagen the latest foreign automaker to increase ownership in China since the government started to relax ownership rules in 2018 here with Germany's BMW AG quick to take control of its main local venture


Reuters
May 26, 2020
Drugmakers across the world have been rushing to develop a treatment or vaccine for the fast-spreading coronavirus, which has infected 5.5 million people globally, killing more than 345,000


Reuters
May 21, 2020
It is in talks to raise about $20 billion by selling part of its stake in T-Mobile US Inc, the Wall Street Journal reported this week


Reuters
May 19, 2020
Sony Financial, a consistently stable revenue source for Sony, has banking, life and non-life insurance, credit card and nursing care businesses in Japan with about 11,000 staff


Reuters
May 18, 2020
Coronavirus outbreak has hit Panasonic at a time when the Japanese company is struggling to find new ways to grow as its strategic shift to components from consumer electronics has failed to drive profit growth


Reuters
May 18, 2020
SoftBank-backed satellite operator OneWeb filed for bankruptcy in late March, adding to an impairment loss for investments held outside the Vision Fund that also includes part of the stake in WeWork


Reuters
May 14, 2020
\"We are larger than Zoom, but they focus on the small and commercial and are trying to go into some enterprises. We have a strong footprint in the enterprise,\" Chief Financial Officer Kelly Kramer said in an interview


Reuters
May 13, 2020
Expected profit of less than 600 billion yen would be the lowest since the year that ended in March 2017, when earthquakes knocked out factories in southern Japan


Reuters
May 12, 2020
For the year to March, Toyota expects to sell 8.9 million vehicles globally, versus 10.46 million in the year just ended. The company expects vehicle sales to fall to a nine-year low


BusinessToday.In
New Delhi, May 12, 2020
Coronavirus India live updates: The Supreme Court (SC) will reopen its court premises and resume work from the courtrooms from next week. However, the lawyers will argue cases from their chamber, said sources. The total count of confirmed COVID-19 cases jumped to 70,756 on Tuesday, as per the Union Health Ministry


Reuters
May 12, 2020
State refiners, which together own about 60 percent of India's 5 million barrel per day (bpd) refining capacity, had to reduce the amount of crude they process as storage facilities filled up with unsold products due to a slump in demand


PTI
New Delhi, May 3, 2020
Reliance said it expects to achieve a peak output of around 28 million standard cubic metres per day by FY24 when all three projects are up and running


PTI
May 3, 2020
ATF, which is used as a fuel in aeroplanes, now costs less than one-third of the price of petrol used in cars and two-wheelers. A litre of petrol in Delhi comes for Rs 69.59 while jet fuel is priced at Rs 22.54 per litre


Reuters
April 30, 2020
Shares of Mumbai-based Glenmark Pharmaceuticals, which rose as much as 8.9% to 359 rupees ($4.78), was trading up 5.9%, as of 0407 GMT


Ranjana Roy Gawai
April 17, 2020
It is common for force majeure clauses to specify the impact that the event or circumstances in question must have, in order for the clause to be triggered


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