Corporate wheels could rev up by the second quarter of next fiscal: Randstad India chief Paul Dupuis
"The pie is changing. There is a big need for temp staff in the IT industry who can be onboarded and can work remotely. There is demand from anyone who is going digital and looking for chatbots, CRM (customer relationship management), ecommerce and e-payments," Dupuis said.
Power Finance Corporation Ltd. shares fall 1.72% as Nifty drops
The stock quoted a 52-week high price of Rs 133.3 and a 52-week low of Rs 74.2.
Hindustan Petroleum Corporation Ltd. shares down 1.11% as Nifty falls
The stock quoted a 52-week high price of Rs 329.25 and low of Rs 155.0.
Bankruptcy court admits BSE-listed Bothra Metals & Alloys for insolvency resolution
The Mumbai bench of NCLT, while admitting the insolvency resolution plea of the Syndicate Bank against BSE-listed Bothra Metals and Alloys observed that an acknowledgement of debt in the balance sheet of the company satisfies the requirements of the limitation.
Whirlpool of India CFO Yatin Malhotra resigns
"The Board of Directors at their meeting held today accepted the resignation of Yatin Malhotra from the position of Chief Financial Officer of the company effective 31 August, 2020," Whirlpool of India said in a BSE filing.
National Textile Corporation not operationally profitable despite revival scheme: Smriti Irani
Under a revival scheme, Rs 5,500 crore were spent to meet its various expenses like clearing up outstanding statutory dues, One Time Settlements (OTS) with financial institutions, interest payment and compensation under Modified VRS (MVRS).
Hindustan Petroleum Corporation Ltd. shares down 3.81% as Sensex falls
A total of 156,461 shares changed hands on the counter till 01:12PM (IST)
ETIG Analysis: Why is CSR set to turn from 'good to know' to 'need to know' for investors?
A Sebi-constituted panel in its report last month has, among others things, proposed the allowing of CSR spends to be traded between companies with excess CSR spends and those with deficient CSR spends on the social stock exchange.
Power Finance Corporation Ltd. shares falls 1.13% as Nifty drops
A total of 57,234 shares changed hands on the counter till time (IST).
L&T rejigs board roles as a director will retire
Shailendra Roy, senior executive vice-president and director for power and corporate affairs, will be superannuated after eight years on the board of the $21-billion conglomerate.
India's corporate real estate occupiers confident about COVID-19 recovery
CRE leaders are also (re)imagining the new modern office, with a focus on prioritizing the health and wellness of employees, as well as leveraging technology in their investment plans, said the report by JLL. Concurrently, most polled CRE leaders in India expect total footprint and number of sites that they maintain to remain the same or even increase.
Container Corporation of India Ltd. shares decline 1.37% as Sensex slides
A total of 30,929 shares changed hands on the counter till 12:57PM (IST)
Power Finance Corporation Ltd. shares drop 2.04% as Sensex rises
A total of 76,232 shares changed hands on the counter till 12:25PM (IST)
IL&FS gets NCLT approval for sale of education assets to Lexington Equity Holdings
A two-member Mumbai bench of the NCLT approved the sale of IL&FS's 73.69 per cent stake in Schoolnet India, formerly known as IL&FS Education & Technology Services, to Falafal Technology Pvt Ltd.
Banks need Artificial Intelligence for corporate lending: Krishnamurthy Subramanian, Chief Economic Advisor
Speaking at a virtual summit organised by Intel and Indian School of Business, he said lending to MSMEs (Micro, Small and Medium Enterprises) in the country has remained stagnant for the last 15 years indicating that banks have not developed models to actively lend to the sector.