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Parle, founded in 1929, employs about 100,000 people, including direct and contract workers across 10 company-owned facilities and 125 contract manufacturing plants.

Indian biscuit maker could lay off 10,000 jobs amid falling demand

Parle is not the only food product company to have flagged slowing demand.

21 Aug 2019 1:06 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

CG Power hits lower circuit limit; Yes Bank tumbles over 4 per cent

On the BSE, the CG Power scrip tumbled 20 per cent to touch its 52-week low of Rs 11.80.

21 Aug 2019 12:40 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL resolution: Banks may convert debt into equity, says Union Bank

DHFL owes over Rs 45,000 to banks, and the rest to other financiers including mutual funds, pension funds and insurers.

21 Aug 2019 12:31 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

BOB capital raising committee to meet next week to consider bond issue

Shares of Bank of Baroda were trading 0.86 per cent lower at Rs 97.90 apiece on BSE.

21 Aug 2019 11:46 AM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

Link bulk deposits to repo for effective transmission of interest...

A dozen public sector banks, including State Bank of India, have voluntarily linked their interest rates to repo.

21 Aug 2019 11:31 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Govt extends temporary allocation of Jet Airways' slots, flying rights...

A slot is a date and time at which an airline's aircraft is permitted to depart or arrive at an airport.

21 Aug 2019 10:06 AM IST

Singapores DBS Group Holdings Ltd said it expects a strong performance this year, after it reported a record high net profit for the first quarter.

DBS Bank to enter India's credit card market next year

India's credit card market is still small in comparison to its debit card market.

21 Aug 2019 9:03 AM IST

Today Samsung makes the screens that even Apple products use. Traditional and small Korean companies became global giants in this period.

Goldman CEO memo calls Apple Card 'a beginning' on launch day

Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple...

21 Aug 2019 8:56 AM IST

From now onwards, you may hesitate to order food as frequently as you did earlier. The heavy discounts that were luring you to order those favourite dishes may soon come to an end.

Food app discounts to end soon

The idea of scoring a discount should make guests feel special and not give them a sense of beating the system.

21 Aug 2019 1:25 AM IST

CG Power said advances to related and unrelated parties of the company and the group may have been potentially understated by 1,990.36 crore and 2,806.63 crore, respectively, as on March 31, 2018.

Guatam Thapar's CG Power unveils huge fraud

The board also said that advances to related and unrelated parties, too, were potentially understated significantly.

21 Aug 2019 1:11 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS surpasses RIL to reclaim most-valued firm status

Reliance Industries Ltd (RIL) had on Monday raced past TCS to become the country's most-valued firm by market valuation.

20 Aug 2019 7:21 PM IST

Bank of Baroda on Tuesday said its loan account to debt-laden Infrastructure Leasing and Financing Services (IL&FS) continues to remain standard at present.

NCLAT refuses interim relief to Deloitte, BSR Associates in IL&FS case

NCLT Mumbai will continue its scheduled hearing in the case of their alleged role in the IL&FS fraud matter, the bench...

20 Aug 2019 7:04 PM IST