Pandemic deals major blow to capex, spending down 88%

While there were Rs 7.01 trillion worth of new assets in December 2019, this fell 88.6 per cent to Rs 80,000 crore for the three months ending December 2020, shows data from project tracker Centre......

TCS to roll out salary hikes for all employees, effective October 1

In the second quarter, attrition for the IT firm hit an all-time low of 8.9 per cent, a fall of 120 basis points on quarter-on-quarter basis. After a pause, IT industry leader Tata Consultancy......

Yes Bank to take more 'Anil Ambani like steps' to recover dues

Yes Bank CEO said the private lender is disposing some of the properties in many other cases as well. He, however, declined to elaborate on borrowers against whom such action was underway. Private......

SpiceJet hits air pocket as losses mount

On a full year basis, SpiceJet made a loss of Rs 934.8 crore. The company has incurred a net loss during the current and previous year and, the its current liabilities exceeded its current assets.......