Chinese smartphone brand Realme which is locally manufacturing every single smartphone that is being sold in India will begin production of its newly-launched Smart TVs in the country once the lockdown is over and situation stabilizes, Madhav Sheth, Vice President, realme and CEO, Realme India said on Monday. ...
As millions of US citizens lost their jobs in the Covid-19 pandemic, nations billionaires saw their net worth jump $434 billion in the first two months of pandemic, led by Amazon Founder and CEO Jeff Bezos ($34.6 billion) and Facebook CEO Mark Zuckerberg ($25 billion)....
Arvind Krishna-led tech giant IBM has joined the league of companies who have started firing employees in tough Covid-19 times. The company confirmed the lay offs in a statement given to the media late Friday. ...
Banks may not extend second moratorium to all their customers amid gradual resumption in business activity and rising asset quality risk emerging from longer duration loan forbearance. ...
Moody's Investors Service said on Friday that economic damage as a result of India's coronavirus lockdown will likely be extensive and reflect the country's inherent economic vulnerability and fiscal constraints. ...
In a major relief for business groups and conglomerates, the Reserve Bank of India (RBI) has decided to increase the group exposure limit to 30 per cent from the current 25 per cent of the eligible capital base of a bank in view of the coronavirus pandemic. ...
The Reserve Bank of India's (RBI) repo rate cut and other liquidity measures failed to cheer the stock market as the BSE Sensex fell over 300 points on Friday afternoon....
Indiabulls Housing Finance is said to have sacked around 2,000 employees amid a roaring social media controversy....
In a major relief to passengers across the country, Union Railway and Commerce Minister Piyush Goyal on Thursday said that bookings of tickets will resume at 1.7 lakh common service centres from Friday. ...
Centre on Thursday said that limited passenger flight operations of about one-third of capacity would be permitted to operate from May 25. ...
