Business

Union Bank’s Q1FY21 net profit at Rs 333 cr

State-run lender Union Bank on Friday reported a net profit of Rs 333 crore for the first quarter of 2020-21. The lender had reported a...

Canada unveils new financial assistance plan for economic recovery

The Canadian government has announced a new financial assistance plan for the recovery of the country's coronavirus-hit economy. At a news conference in Ottawa on...

ICICI Bank’s QIP credit positive: Moody’s

Lending major ICICI Bank's allotment of shares via qualified institutional placement (QIP) to raise Rs 15,000 crore in equity capital is credit positive, Moody's...

Qantas reports $2.8bn revenue hit

Australia's flag carrier Qantas on Thursday reported a $2.8 billion revenue hit for the second half of the 2020 financial year due to the...

Amazon plans to hire 3,500 more people in US

Amazon has announced plans to create 3,500 new tech and corporate jobs across six cities in the US. The company said on Tuesday it would...

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