40% of commute corporations would possibly perhaps perhaps additionally shut down in 3 months

40% of commute corporations would possibly perhaps perhaps additionally shut down in 3 months

Over 80% of travel and tourism companies in the country have lost up to 100% of their revenues while 15% have seen a dip of up to 75%. About 40% of them are facing the risk of a complete shutdown in the next three to six months.A survey by over half a dozen major travel…

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Four of high-10 Indian companies add ₹1.12 trillion in m-cap, TCS tops the chart

Four of high-10 Indian companies add ₹1.12 trillion in m-cap, TCS tops the chart

Home > Markets > Stock Markets > Four of top-10 Indian firms add ₹1.12 trillion in m-cap, TCS tops the chart During the last week, the BSE Sensex declined 425.14 points or 1.36% (Photo: Mint) 1 min read . Updated: 24 May 2020, 04:39 PM IST PTI The market valuation of TCS zoomed ₹47,148.71 crore…

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Allowing firms to listing abroad can aid elevate funds

Allowing firms to listing abroad can aid elevate funds

The government’s policy intent to allow Indian companies to list overseas without simultaneous India listing can open up avenues for tech and other companies to raise funds but would be a non-starter without the necessary regulatory clarifications, legal experts said.Historically, due to the existing legal framework, Indian entities have used offshore routes like Mauritius to…

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Eight of top-10 companies lose Rs 1.37 lakh cr in market cap; RIL hit laborious

Eight of top-10 companies lose Rs 1.37 lakh cr in market cap; RIL hit laborious

Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock. Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.RIL’s market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.The…

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2 companies get govt nod to invent desi swabs for more inexpensive Covid-19 check kits

2 companies get govt nod to invent desi swabs for more inexpensive Covid-19 check kits

NEW DELHI: India has started manufacturing indigenous swabs for Covid-19 testing, with two firms —Tulips and a Mumbai-based Micro, Small and Medium Enterprise (MSME) — getting a green signal from the Indian Council for Medical Research (ICMR) and the National Institute for Virology in Pune. The swabs — used for collection of oral and throat…

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Minute US company’s shares cruise because it hails step forward on ‘100%’ COVID-19 antibody

Minute US company’s shares cruise because it hails step forward on ‘100%’ COVID-19 antibody

Shares for a small American biotechnology firm skyrocketed on Friday by as much as 244 percent after it announced that an antibody it developed showed “100% inhibition” of the COVID-19 virus in preclinical studies. San Diego-based Sorrento Therapeutics said that it was looking to generate “an antibody cocktail product” that would act as a “protective…

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30 companies settle on part in pre-divulge assembly for Nellore, Tirupati railway space redevelopment

30 companies settle on part in pre-divulge assembly for Nellore, Tirupati railway space redevelopment

Rail Land Development Authority (RLDA) has conducted online pre-bid meetings for the redevelopment of railway stations in Nellore and Tirupati located in Andhra Pradesh for which the total cost is estimated to be Rs 130 crore and Rs 510 crore respectively. The tender is scheduled to be awarded by mid-June 2020.The pre-bid meetings for Nellore…

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Eight of high-10 firms lose Rs 2.50 lakh cr in m-cap

Eight of high-10 firms lose Rs 2.50 lakh cr in m-cap

Eight of the 10 most valued Indian companies lost Rs 2,50,825.28 crore in market valuation last week, with TCS and HDFC twins taking the biggest hit. In the top-10 list, only Reliance Industries Ltd and Bharti Airtel managed to close the trading week with gains.Tata Consultancy Services (TCS) took the sharpest knock, with its valuation…

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Govt asks pharma companies when remdesivir, the broad hope in opposition to Covid, might perhaps perhaps perhaps well also furthermore be made in India

Govt asks pharma companies when remdesivir, the broad hope in opposition to Covid, might perhaps perhaps perhaps well also furthermore be made in India

Remdesivir is an injectable drug | Representational image: Flickr Text Size: New Delhi: After the United States and Japan authorised the use of experimental drug remdesivir to treat Covid-19 patients, the government of India has also begun weighing its options. The Ministry of Health and Family Welfare held a video conference Thursday with top pharmaceutical…

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US companies love Apple, Google use H-1B visa to pay low wages to migrant workers: Suppose

US companies love Apple, Google use H-1B visa to pay low wages to migrant workers: Suppose

A majority of H-1B employers, together with main American know-how firms like Facebook, Google, Apple and Microsoft, use the programme to pay migrant staff nicely under market wages, a brand new report has claimed.“Among the top 30 H-1B employers are major US firms including Amazon, Microsoft, Walmart, Google, Apple and Facebook. All of them take…

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