As part of efforts to provide relief to the power sector in the period of the lockdown, the country's largest coal producer Coal India Ltd (CIL) has allowed power companies to use Letter of Credit for payment of coal instead of cash advance that is mandated for supplies made under the Fuel Supply Agreements (FSA)....
The Indian equity indices recorded their biggest single day gain on Tuesday with the BSE Sensex gaining over 2,400 points....
As the coronavirus crisis erodes stock markets and share values, Reliance Industries' Chairman Mukesh Ambani's wealth has declined by $19 billion (Rs 1.33 lakh crore) or 28 per cent, according to a report by Hurun Research....
The National Association of Software and Services Companies (Nasscom) on Monday appointed Infosys Chief Operating Officer (COO) U.B. Pravin Rao the Chairman for 2020-21....
Canara Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) on Loans and Advances across all tenors with effect from April, for the amalgamated entity. ...
As companies go through a tough phase amidst the coronavirus pandemic, a PwC survey says that companies should separately allocate funds for crisis management. ...
The Mahanagar Gas (MGL) has decided to cut prices of compressed natural gas (CNG) and domestic piped natural gas (PNG) in the Mumbai region from April 4/5 midnight, according to an official here on Saturday. ...
Leading software product and services firm Persistent Systems on Saturday said it would donate Rs 25 crore ($3.3 million) to support various aspects of the global response to the COVID-19 pandemic....
Load despatch centres across the country have been told to be in high level of preparedness to counter any threat to power grid following sudden drop in demand when the country switches off electricity at their homes on the call of the Prime minister this Sunday night. ...
People can withdraw money from their post office saving accounts as well as public/private banks through all automatic teller machines (ATM) of India Post in Tamil Nadu Postal Circle. ...