Business

Lufthansa €9bn bailout passes first hurdle

Lufthansa €9bn bailout passes first hurdle

Berlin (Germany) May 31: German flagship airline Lufthansa agreed Saturday to a compromise worked out between the government and the...

Final leg of Reliance Rights Issue commences on Monday

Final leg of Reliance Rights Issue commences on...

Mumbai (Maharashtra) [India], May 31 (ANI): The trading in Reliance Industries Limited (RIL's) Right Entitlements (RIL-REs) closed on Friday, May...

S. Koreans held 3.9 credit cards on average in 2019: data

S. Koreans held 3.9 credit cards on average...

Seoul (South Korea), May 31: South Korean held 3.9 credit cards on average last year, data showed Sunday, as credit...

Japan keeps mum on S. Korea's call to lift trade curbs as deadline looms

Japan keeps mum on S. Korea's call to...

Seoul (South Korea), May 31: Japan has not responded to South Korea's renewed call to swiftly retract export restrictions imposed...

Private equity fund-led deals hit record high in 2019

Private equity fund-led deals hit record high in...

Seoul (South Korea), May 31: Investment deals by South Korea's private equity funds hit a record high in 2019, but...

Investment in telemedicine doubles in US

Investment in telemedicine doubles in US

Washington DC (USA), May 31: A US venture fund says investment in information technology healthcare has doubled in the US...

China wields currency as weapon with Trump tensions rising

China wields currency as weapon with Trump tensions...

Washington (USA) May 31: China has quietly allowed its currency, the yuan, to slide to its weakest level against the...

Global energy leaders call for greater investment in clean electricity systems amid Covid-19 crisis

Global energy leaders call for greater investment in...

Paris [France], May 30 (ANI): Energy ministers and electricity industry CEOs from around the world have called for mobilising investments...

Rashtriya Chemicals and Fertilisers posts Q4 profit of Rs 142 crore

Rashtriya Chemicals and Fertilisers posts Q4 profit of...

Mumbai (Maharashtra) [India], May 30 (ANI): Mini-ratna public sector undertaking Rashtriya Chemicals and Fertilisers Ltd on Saturday reported a standalone...

After losses for 13 quarters, IDBI Bank clocks Q4 profit of Rs 135 crore

After losses for 13 quarters, IDBI Bank clocks...

Mumbai (Maharashtra) [India], May 30 (ANI): IDBI Bank on Saturday reported a net profit of Rs 135 crore in the...

Great Eastern Shipping reports loss of Rs 12 crore on higher expenses

Great Eastern Shipping reports loss of Rs 12...

Mumbai (Maharashtra) [India], May 30 (ANI): Great Eastern Shipping Co Ltd on Saturday reported a loss of Rs 12.5 crore...

Pandemic could cost city $1.4B in tourism this year

Pandemic could cost city $1.4B in tourism this...

Ottawa (Canada), May 30: It's tourism week in Canada, but the "mood is very different this year" in one of...

Didi Chuxing'sRobotaxi unit raises 500 mln dollars

Didi Chuxing'sRobotaxi unit raises 500 mln dollars

Beijing (China), May 30: Didi Chuxing, the Chinese ride-hailing service, said Friday that it has raised 500 million U.S. dollars...

China's insurance sector raises 16.6 trn yuan for real economy

China's insurance sector raises 16.6 trn yuan for...

Seoul (South Korea), May 30: China's insurance sector has raised 16.6 trillion yuan (about 2.33 trillion U.S. dollars) for the...

Seoul stocks to move in tight range amid escalating U.S.-China tensions

Seoul stocks to move in tight range amid...

Seoul (South Korea), May 30: South Korean shares are expected to move in a tight range next week amid escalating...

Survey: Over 80% of firms reviewing work style

Survey: Over 80% of firms reviewing work style

Tokyo (Japan), May 30: An NHK survey on major Japanese companies has found that more than 80 percent are reviewing...

ESAF Small Finance Bank posts 111 pc rise in net profit

ESAF Small Finance Bank posts 111 pc rise...

Kochi (Kerala) [India], May 30 (ANI): Kerala-based ESAF Small Finance Bank has recorded 111 per cent increase in its net...

ZF Friedrichshafen completes Wabco acquisition

ZF Friedrichshafen completes Wabco acquisition

Friedrichshafen [Germany], May 30 (ANI): ZF Friedrichshafen AG has successfully completed the acquisition of commercial vehicle technology supplier Wabco after...

Invest now in Bajaj Finance Fixed Deposits to protect savings

Invest now in Bajaj Finance Fixed Deposits to...

Pune (Maharashtra) [India] May 30 (ANI/BusinessWire India): Families today face a rare dilemma: on one hand, the past few months...

Alliances Galore spreads wings to 20 countries, eyes the offer discovery market post lockdown

Alliances Galore spreads wings to 20 countries, eyes...

New Delhi [India], May 30 (ANI/NewsVoir): Alliances Galore with the status of being the world's largest offer-based alliance aggregating firm...

Lemon Tree's Q4 cash profit crashes by 80 pc on Covid-19 lockdown

Lemon Tree's Q4 cash profit crashes by 80...

New Delhi [India], May 30 (ANI): Lemon Tree Hotels, the country's largest mid-priced hotel sector chain, has reported 80 per...

Coronavirus stimulus prepaid cards mailed in plain envelopes are not junk mail, IRS cautions

Coronavirus stimulus prepaid cards mailed in plain envelopes...

Washington (USA) May 30: The IRS is in the process of sending out about 4 million economic impact payments loaded...

Stocks jump for month as oil posts record gain

Stocks jump for month as oil posts record...

Washington (USA) May 30: U.S. equity markets curbed the bulk of their losses Friday after President Trump announced a new...

Medica Group of Hospitals lays the foundation for a healthy future during COVID-19

Medica Group of Hospitals lays the foundation for...

Kolkata (West Bengal) [India] May 30 (ANI/BusinessWire India): Medica Group of Hospitals, the largest private hospital chain in Eastern India,...

Yes Bank acquires 24.19 pc stake in Dish TV India with invocation of pledged shares

Yes Bank acquires 24.19 pc stake in Dish...

Mumbai (Maharashtra) [India], May 30 (ANI): Yes Bank has acquired 44.53 crore equity shares each having a nominal value of...

IndiGrid executes SPA for acquiring Jhajjar KT Transco

IndiGrid executes SPA for acquiring Jhajjar KT Transco

Mumbai (Maharashtra) [India], May 30 (ANI): India Grid Trust (IndiGrid) has announced the execution of a share purchase agreement for...

RBI imposes penalty of Rs 4 cr on Citibank

RBI imposes penalty of Rs 4 cr on...

New Delhi [India], May 30 (ANI): The Reserve Bank of India (RBI) on Friday said that it has imposed a...