business and finance

Cognizant net income declines 17%; to hire 20,000 at entry-level in 2020

The company is aiming to invest in business and would onboard around 20,000 entry-level executives in 2020




business and finance

Amid coronavirus lockdown, steel demand pick-up off to a slow start

Construction activities have resumed, albeit in a staggered manner; in some pockets there is demand for yellow goods as well




business and finance

Aviation sector stares at Rs 25,000 cr revenue loss due to lockdown: Report

The losses would reverse the trend growth of 11% per annum the industry has logged over the past ten years, making it one of the most adversely affected sectors of the economy




business and finance

RIL repositioning as consumer, tech co may push up stock price: J P Morgan

J P Morgan said that the core energy business could be staring at multi-year slump




business and finance

Dr Reddy's gets USFDA inspection closure report fo Srikakulam unit

The plant is one of the company's three units that were served a warning letter in November 2015 for not following the prescribed operational and manufacturing quality standards




business and finance

SBI Card and Payment Services Q4 profit slips 66% YoY to Rs 83.5 crore

Gross non-performing assets (GNPA) improved by 43bps to 2.01 per cent, the company said.




business and finance

Uber loses $2.9 bn in coronavirus crisis, drops bike and scooter business

Demand for the Eats business grew 89 per cent in April, excluding India, and we've seen an enormous acceleration in demand since mid-March, Khosrowshahi said




business and finance

Pharma export growth in FY20 down to single digit due to Covid: Pharmexcil

Export growth started declining in February and turned negative in March, at -23.24 per cent




business and finance

Caspian Debt receives $20 mn from US govt agency as long-term debt

Caspian aims to use the funds to invest in under-served emerging enterprises and women-centric businesses.




business and finance

India's plastic exporters eye China's market share in western world

India's share in the $1 trillion global plastic exports market is 1% currently, while China's is as much as 10%




business and finance

Adani Gas Q4 PBT up 30% at Rs 156 cr, CNG volumes dip due to Covid-19

With demand from industrial, commercial and transportation down, the hit on volumes is expected to be higher for the June quarter




business and finance

We are better placed to withstand Covid-19 impact: Cognizant CEO Humphries

In a Q&A, Brian Humphries says his firm has handled the ransomware attack well and doesn't see any impact on client engagement




business and finance

Cognizant posts 17% drop in net profit; Covid-19 to impact Q2 numbers

Among verticals, the highest growth in revenue during the quarter came from communications, media and technology, which grew 5.2 per cent to $626 million




business and finance

NLC on war footing to operationalise boiler units after Thursday mishap

The company has asked an expert to investigate the mishap, even as two of the eight workmen who sustained injuries are under special care




business and finance

IndiGo reinstates pay cuts, introduces leave without pay for senior staff

IndiGo had announced pay cuts for its senior employees on March 19. However, it rolled back the decision on April 23




business and finance

Carlyle Group to buy 74% in SeQuent Scientific for over Rs 1,500 crore

The transaction is being done through an equity purchase stake that values each share at Rs 86.




business and finance

Vista Equity Partners to invest Rs 11,367 crore in Jio Platforms

Deal part of RIL plan to unlock 19% stake in Jio to become debt-free




business and finance

Lockdown 3.0: Pharma hubs take extra precaution to tame Covid-19 outbreak

Recently, while 26 workers at Cadila Pharmaceuticals facility in Ahmedabad tested positive for Covid-19, one person at Sun Pharma's Halol plant tested positive.




business and finance

MSME sector's bad loan ratio at 12.5% as of January, shows report

NPA level of public sector banks has increased from 18 per cent in December 2018 to 19 per cent in December 2019




business and finance

Covid-19 impact: SBI Cards' pre-tax profit dips 71% to Rs 112 cr in Q4 FY20

Had it not been for Covid-19 impact, the company would have reported a sharp 80 per cent year-on-year jump in its pre-tax profit to Rs 692 core.




business and finance

Saudi, US companies also eyeing stakes in Reliance's Jio Platforms

The deal could be completed as soon as this month, though no agreement has been finalised and plans may change




business and finance

How India is ensuring uninterrupted supply of milk during Covid-19 lockdown

The cooperative model in India went out of the way to protect milk producers




business and finance

Vizag plant stabilised, teams assisting govt to assess damage: L G Polymers

Apart from the 12 casualties on Thursday, the leakage had hundreds of people living closer to the plant in Visakhapatnam under medical emergency




business and finance

Covid-19 impact: Facebook employees to work from home till 2020 end

Facebook CEO Zuckerberg had announced that the company is cancelling physical events with more than 50 people through June 2021




business and finance

ICICI Bank's standalone net profit rises 26% to Rs 1221 cr in Q4FY20

Total income during the quarter under review increased to Rs 23,443.66 crore, from Rs 20,913.82 crore in the same period of the preceding fiscal




business and finance

ICICI Bank pre-tax profit up 82% in Q4; provides heavily for Covid-19

Excluding covid-19 related provisions, the profit after tax of the bank would have been Rs 3,260 crore




business and finance

Albert Uderzo, 92, co-creator of French comic series Asterix, dies

Uderzo created Les Éditions Albert Rene two years after Goscinny's death, after a conflict with Dargaud, the pair's original publishing house




business and finance

When you can't attend a performance, it comes to you: The show goes online

As the world lives out this dystopian drama - confined within the four walls of homes and isolated from spaces of art and culture - the classical and performing arts are not cut off by any means




business and finance

So long, Nemai Ghosh; Goodbye, Satish Gujral - gentle men of art

Nemaida's misfortune in life was to be known as Satyajit Ray's "Boswell"; History will remember Gujral as a renaissance man whose imprint over New Delhi is huge




business and finance

How volunteers are matching physical distancing with social solidarity

Within 24 hours of setting up a social media group and helpline called Caremongers India on March 20, Nagaraj had 150 volunteers from across India




business and finance

The wash brigade: Inculcating a simple habit to fight coronavirus pandemic

As the world population feverishly washes hands, an initiative by a small NGO in Uttar Pradesh seems prescient




business and finance

How Mumbai, the city that never sleeps, has been rendered somnolent

Neither rain nor riot, not even a terror attack such as the one on 26/11 or the 12 bomb blasts that ripped through it in 1993, have managed to clamp the city down. But this time the city has curled up




business and finance

In this coronavirus lockdown, India feels like the calm before the storm

Strong social networks got India through the calamity of demonetisation. By not giving migrant workers enough time to get home, the govt has likely deprived them of this




business and finance

Here's looking at you, grid

It is in the modern era that this book loses its lapidary elegance




business and finance

The travails of those who ensure food reaches our tables in Covid-19 times

A highly contagious virus is in the air. But at this wholesale market, as in most others of the country, physical distance is hardly priority.




business and finance

As riders go home amid lockdown, queue for e-grocery orders get longer

Online grocery, which is barely about four per cent of India's $600-700 billion grocery market, has seen an overnight surge.




business and finance

Ideas on how to recalibrate celebrations in the time of isolation

The strangeness brought about by a work-from-home situation means the lines between the personal and professional blur too easily.




business and finance

Tillotama Shome on 20 years in the charmed world of independent cinema

While the pandemic disrupts the India release of Sir, actor Tillotama Shome talks to Ranjita Ganesan about her twenty years in the charmed world of independent cinema




business and finance

Free-for-all vs copyright

Last week, Internet Archive, a nonprofit group, announced that it would drop the access restrictions for its scanned books to make them widely available to readers during the coronavirus outbreak.




business and finance

Finding mask a daunting task amid coronavirus. Should you make your own?

While we don't have a lot of research on the effectiveness of homemade masks in preventing the spread of infection, scientists who study airborne diseases can offer some guidance.




business and finance

The mind of American conservatism

The volume's focus is confined to the 20th century, with its earliest selection from 1907




business and finance

Frames per Second: The long walk home

The precarious existence of millions of people in the unorganised sector was thrown into sharp relief by the lockdown




business and finance

Age of anxiety: Mental health is the next looming crisis in Covid-19 times

It needs swift, sensible attention, writes Nikita Puri




business and finance

In caring company: Firms make working from home stress free and fun

Some companies have engaged doctors and therapists to talk to employees over webinars and answer questions related to the virus.




business and finance

Hong Kong's success against Covid-19: A tutorial for India and the world

The small city state has benefited from lessons learned after it was the epicentre of the SARS epidemic, keeping infections to less than 1,000, writes Rahul Jacob




business and finance

How the police are enforcing the lockdown with iron fist and velvet glove

The coronavirus crisis has presented police across Indian states an opportunity to enhance their presence and impact on social media.




business and finance

End runs in End Times

Mr O'Connell's timing was either a bit premature or just right. In the last three months a global pandemic has already killed tens of thousands




business and finance

How isolation and WFH have deepened our engagement with work and people

Covid-19 and its aftermath are an opportunity to significantly reorient the way we approach work and leisure - and, by extension, life itself.




business and finance

How a bunch of outfits are still getting organic produce to your doorstep

Ritwik Sharma on the outfits that are bringing organic farm produce to your doorstep during the lockdown




business and finance

Art sales haven't been entirely dampened, they're just moving online

Overseas and here, auction houses are capitalising on the fact that collectors are stuck at home - and are online.