The promoter and promoter group of the company have confirmed they will subscribe to the full extent of their aggregate rights entitlement.In addition, they will also subscribe to all the unsubscribed shares in the Issue

Rajiv Bajaj, MD, Stratasys India and SEA, talks about the company’s involvement in 3D printing initiatives in India, tie-up with GNA University

'We strongly disagree with the characterization of Amazon in this USTR report,' said an Amazon spokesperson..The list names Amazon India and Snapdeal along with a few other shopping complexes in India.

Auto companies, however, managed to export vehicles due to resumption of port operations.Maruti, Hyundai, M&M, Toyota Kirloskar, MG Motor reported zero domestic car sales for April

However, the notification doesn't explicitly state whether two-wheeler taxis and shared vehicles operated by the like of Bounce, Yulu, and VOGO would be allowed 4 May onwards.Meanwhile, in green zones public transport buses can operate at 50% capacity

IBBI has already said the lockdown imposed by the government will not be reckoned in the resolution timeline.Since its inception, the IBC process has been mired in last-minute litigations with promoters trying hard to retain control of their firms

The move comes close on the heels of Centre allowing gradual resumption of economic activity amid the pandemic.Hyundai was planning to manufacture around 12,000 to 13,000 vehicles in May

Reliance is raising funds at a breakneck pace as it attempts to cut its debt and secure its capital needs amid a sharp downturn in the global economy.Silver Lake is a major technology investor, with over $40 billion in combined assets under management and committed capital

The worst hit among the top 20 companies was Cipla, whose sales fall by 28%, while that of Zydus Cadila, GSK Pharma and Dr Reddy’s down by 25%, each.There seemes to be less panic buying of medicines for chronic illnesses in the last two weeks of April

The resolution plan would allow lenders to get close to 40% of their claims for both the companies.While the joint resolution plan was approved by the committee of creditors (CoC) in April last year, SSG Capital, the other bidder for these assets contested the decision

These customers are those who have deposited more than ₹5 lakh in their accounts .RBI cancelled the bank's licence citing its highly adverse financial position

Private hospitals say the order in its current form will result in losses and would also affect the salaries of healthcare workers.The reduction in prices for private healthcare providers comes at a time when they are dealing with lower hospital occupancy rates, as patients opt to postpone planned medical procedures due to the pandemic

The company is to also repurpose its business on digital fitness offerings, including tele-consultants.Apart from layoffs, Cure.fit has moved 90% of trainers across its gyms to a variable pay model to cut costs

Over 3,500 coaching centres across 70 cities and towns in India use the platform, says Classplus, which was launched in 2018

The company relied on RBI moratorium of three months on payment of instalments of all term loans outstanding between 1 March and 31 May

Prior to Zuora, Sloat held executive finance roles at firms such as NetApp Inc. and Siebel Systems, Inc

In our second interview in the Pivot or Perish series, wherein top companies share their vision for mapping the future after the coronavirus outbreak, Hyundai's S.S. Kim shared how digital will play a critical role in sales operations of automobile companies.

Xiaomi India MD Manu Jain expects losses in Q2 2020, but Q3 and Q4, along with Diwali sales to go fine.Realme is expecting 100% growth in 2020 despite effectively losing two months of the year

Net profit falls 74% at Rs340.21 crore in March quarter of FY20, from Rs1,314.19 crore in same period of previous fiscal.For the full year, APSEZ reports net profit of Rs3,784.53 crore, down 6.4% year-on-year from Rs4,044.75 crore in FY19

Gilead said it was in discussions with 'some of the world’s leading chemical and pharmaceutical manufacturing companies' to produce remdesivir for Europe, Asia and the developing world through at least 2022

Sequoia India launches a microsite to serve as a resource for founders and their teams during the challenging months ahead.The impact of covid-19 can be seen on Indian startups, with several unicorns including Udaan, OYO and Swiggy laying off and furloughing their permanent and contractual staff

ICRA downgrades multiple Edelweiss Group companies.Mutual funds have a collective exposure of around Rs3,300 crore to Edelweiss companies as of 31 March

While Paytm is looking to equip kiranas with a tech ecosystem, Swiggy has on-boarded several on its platform

This is the phase two of the Modernisation of Airfield Infrastructure programme, the ministry said