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BusinessToday.In
August 20, 2020
Not many hotels ensure world-class luxury in harmony with the environment and society. For ITC Hotels though, this is what they live by


PTI
August 19, 2020
The Delhi Metro Rail Corporation (DMRC) has suffered loss of nearly Rs 1,300 crore since the closure of services on March 22 due to the COVID-19 situation


BusinessToday.In
August 19, 2020
Oyo Japan, which is a joint venture between SoftBank's domestic telco unit (in Japan) and the Indian online hotel operator, is setting up a six-member management monitoring panel to set the virus-stricken business right in the country


PTI
August 17, 2020
The company has signed a solar energy power purchase agreement (PPA) with TP Kirnali Solar Ltd, a wholly owned subsidiary of Tata Power Company Ltd


Ajita Shashidhar
August 14, 2020
The broadcast fraternity, including Disney-Star, is known to have offered advertisers discounts upwards of 60 per cent during the peak of the coronavirus lockdown in April, May and June


BusinessToday.In
New Delhi, August 12, 2020
Multiplex major PVR has said that it is all set to start operations as soon as it gets a go-ahead to open its multiplexes; In a major breakthrough in coronavirus treatment, Russia has developed the world's first vaccine against COVID-19; Infosys founder N R Narayana Murthy on Tuesday said that India's GDP is expected to shrink by at least five per cent. He added that there is a fear that we may even reach the lowest GDP (growth) since independence. Watch this and more on News Blast.Also Read: Need to ensure Russian COVID-19 vaccine is safe before mass administration: AIIMS Director Randeep Guleria


Associated Press
August 12, 2020
The slump recorded by the Office for National Statistics follows a 2.2% quarterly contraction in the first three months of the year. As such, the UK economy is in a recession - commonly defined as two quarters of negative growth


BusinessToday.In
New Delhi, August 12, 2020
Coronavirus impact: Narayana Murthy fears India's GDP may touch its lowest since 1947Flagging fears that the country's GDP growth may even touch its lowest since independence in the backdrop of coronavirus pandemic, Infosys founder N R Narayana Murthy on Tuesday said the economy should be brought back on track and people should be prepared to live with the pathogen. \"India's GDP is expected to shrink by at least five per cent. There is a fear that we may even reach the lowest GDP (growth) si...


BusinessToday.In
New Delhi, August 12, 2020
Five-star hotel chains in Gurgaon are renting out their luxury buses to groups or families who want to go out for a holiday. Major five-star hotel chains, which are struggling with low occupancy levels and revenue falls,  are exploring new business opportunities. Watch the video for more.


PTI
August 12, 2020
TRAI is currently probing Vodafone Idea's priority plan RedX and Bharti Airtel's Platinum offering to see if network preference to specific customers leads to deterioration of services for non-premium subscribers or violates norms


Sonal Khetarpal
August 11, 2020
This year almost 11 out of 17 sectors hiked salaries by less than 10 per cent. These include Automobile & Allied, Banking, Financial Services and Insurance, Construction & Real Estate, FMCD, FMCG, Hospitality and Industrial Manufacturing


Manu Kaushik
August 11, 2020
Domestic travel operators believe they have a fair chance of attracting tourists who usually travel abroad for holidays, but might lose out on this huge business opportunity due to inconsistent policies


BusinessToday.In
August 10, 2020
Share price of Prestige Estates ended 8.77% higher at Rs 244.45 against previous close of Rs 224.75 on BSE.  Prestige Estates stock has gained 41.51%  in the last 10 days


PTI
August 9, 2020
The governments need to come up with policy measures to reduce the economic and social fallout arising out of it, the Asian Development Bank (ADB) said in a report


Reuters
August 8, 2020
Economists believe July was probably the last month of employment gains related to the rehiring of workers after the reopening of businesses


Niti Kiran
August 6, 2020
FPIs sequentially reduced stakes in almost two-third of BSE 500 stocks and their holdings in some 19.2 per cent companies have continually declined since Q2FY20


Anand Adhikari
August 6, 2020
The RBI has stated that the benefit of restructuring will be available to corporates classified as standard accounts and not in default for more than 30 days with any lending institutions as on March 1, 2020


Prasanna Mohanty
August 5, 2020
India faces a fresh threat of NPAs with RBI warning dramatic rise in loan default rate from 8.5% in FY20 to 14.7% in FY21. A global study shows the Indian corporate sector was most debt-stressed with 43% of long-term loans vulnerable to default even before the COVID-19 pandemic hit


BusinessToday.In
August 5, 2020
CEO Rohit Kapoor and Chief Human Resources Officer Dinesh Ramamurthi reportedly told the company' staff that salaries with fixed compensation up to Rs 8 lakh will be first reinstated from August 1


Viral Acharya, Former Deputy Governor, RBI
New Delhi, August 5, 2020
In an interdependent world, all countries need to do well


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