Life insurers fear Q1 loss due to Covid, up provisions – Times of India
CHENNAI: Life insurance companies have increased provisions in the first quarter following higher-than-expected Covid-related death claims, which will hit bottom...
Month: June 2021
Cipla to tap foreign cos for large-scale vax play – Times of India
Rupali.Mukherjee@timesgroup.com Mumbai: Cipla, one of India’s top 3 drug firms, is readying a larger play in the Covid therapies space,...
Google’s adtech business set to face formal EU probe by year-end: Report – Times of India
BRUSSELS: Alphabet unit Google could face its biggest regulatory threat, with EU antitrust regulators set to open a formal investigation...
US companies rush to change their calendars for new Juneteenth holiday – Times of India
NEW DELHI: US companies scrambled to put in place policies that would allow employees to take a day off after...
Wipro to roll out salary hikes for junior staff from September 1 – Times of India
NEW DELHI: IT services major Wipro on Friday said it will give wage hikes to junior employees with effect from...
Forex reserves rise $3.07 billion to lifetime high of $608.08 billion – Times of India
MUMBAI: The country's foreign exchange reserves surged by $3.074 billion to reach a record high of $608.081 billion in the...
Carlyle sells shares worth over Rs 4,800 crore in SBI Card – Times of India
NEW DELHI: Private equity major Carlyle group on Friday sold shares worth over Rs 4,800 crore in SBI Cards and...
Severe droughts to impact 2-5% of India’s GDP: UN report – Times of India
In recent major droughts in Tamil Nadu, a 20% reduction in the primary sector caused an overall 5% drop in...
Mystery behind slump in Adani Group company shares – Times of India
CHENNAI: Shares of companies controlled by billionaire Gautam Adani recorded their biggest weekly losses ever. The six stocks cumulatively lost...
Support from all sides needed to nurture economic recovery hit by second wave of Covid: RBI governor – Times of India
MUMBAI: The Reserve Bank governor Shaktikanta Das has pitched for policy support from all sides -- fiscal, monetary and sectoral...
