Only 7 days of lockdown, but Q4 a red quarter for most of India Inc

Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed......

HCL Tech changes staff cost structure

Converts part of fixed salary component into variable one HCL Technologies, India’s fourth largest information technology (IT) services company, is learnt to have tweaked its employee salary......

Bears grip markets on tepid earnings, reforms uncertainty

Markets closed on a dismal note as tepid quarterly results from prominent companies weighed on the indices. Meanwhile, lack of any advancement in reforms such as GST in the present Monsoon session......

Idea Q4 net jumps 60% to Rs 590 cr

The consolidated revenue increased 20 per cent to Rs 8,422 cr Telecom service provider Idea Cellular has posted a consolidated profit after tax of Rs 941.8 crore (Rs 9.42 billion) for the fourth......