Promoters tell NCLT: ‘Will clear all dues within 180 days’ The promoters of Siva Industries Holdings Ltd. have told the National Company Law Tribunal (NCLT) that they would clear all dues, within 180 days, as per the terms of agreed out-of-court settlement with the lenders. The NCLT had sought explanation […]

Cites stake sale in arms, better earnings S&P Global Ratings on Friday said it has revised the rating outlook on ICICI Bank Ltd. to stable from negative on grounds that the lender will benefit from the sale of stake in subsidiaries. The rating agency affirmed its ‘BBB-’ long-term and ‘A-3’ […]

RBI’s June Industrial Outlook Survey points to adverse economic conditions: Bhide in MPC’s minutes Early results from the RBI’s June Industrial Outlook Survey show that not only has the summary index of current business conditions for the manufacturing sector dropped for the current quarter, but also that the index of […]

Board declares final dividend of ₹1.50 per share Tube Investments of India Ltd.’s (TII) reported standalone net profit for the fourth quarter ended March rose 74% to ₹129 crore on account of higher sales revenue. Total revenue from operations rose by 58% to ₹1,480 crore. Engineering segment reported a revenue […]

It’s understandable that feelings of stress and burnout can show up in our workplaces. (Photo: demaerre / Getty Images) Johnny C. Taylor Jr., a human resources expert, is tackling your questions as part of a series for USA TODAY. Taylor is president and CEO of the Society for Human Resource Management, […]

Mercedes-Benz India has forayed into the ultra-luxurious SUV segment with the introduction of Mercedes-Maybach GLS 600 4MATIC, the first-ever SUVin the Maybach range of vehicles. It has been introduced at prices starting ₹2.43 crore ex-showroom all India. 50 customers have booked this SUV, the company said adding these include many […]

With the COVID-19 situation improving and curbs easing, overall demand in the economy is expected to pick up in the coming weeks. Prices of cars are likely to remain "fairly stable" in the short term as the second COVID-19 wave has more or less balanced the demand-supply situation in the […]

Firm says under 30% of global portfolio will miss external ‘healthfulness’ norms Buffeted by global reports that the majority of mainstream food and drink products from Nestle could not be considered healthy, the Indian unit of the Switzerland-based multinational is planning an outreach campaign in a bid to reassure and […]