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Manufacturing
Nokia shuts plant in Tamil Nadu after 42 test positive for coronavirus
Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after...
Infrastructure
Why the $12-bn bailout for electricity distribution firms won't light up the power sector
Earlier this month, the Narendra Modi government decided to provide a credit line of Rs 90,000 crore (almost $12 billion) ......
People
Singh & Associates appoints L&L lawyer as partner for dispute resolution
Full-service law firm Singh & Associates has appointed a managing associate from L&L Partners as a partner for its dispute...
Finance
Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic
Fino Payments Bank Ltd has turned profitable at the operating level for 2019-20, within three years of starting operations. Its growth ......
General
India coronavirus cases rise as millions return home
Indian states witnessing millions of migrant labourers returning from the big cities are recording rising coronavirus infections,...
TMT
Uber India cuts a quarter of jobs as lockdown hits business
Ride hailing company Uber Technologies Inc’s Indian arm will cut 600 jobs across functions, as it navigates a strict coronavirus...
General
Grapevine: Alfanar Group to sell India power projects; BigBasket eyes $200 mn funding
Saudi Arabia-based Alfanar Group has tasked JM Financial to look for a buyer for half of its 600 megawatts (MW) ......
Economy
Jan-March GDP growth likely to be weakest since 2012: Poll
India’s economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, ......
TMT
Amazon to hire 50,000 temp workers in India as lockdown boosts demand
Amazon.com Inc's India unit said it would hire 50,000 temporary workers to meet a surge in online shopping in the ......
TMT
Women-focussed networking platform Leap Club raises fresh funding
Women-focussed networking platform Leap Club raises fresh funding Konflake Tech Pvt. Ltd, which operates the women-focused...
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