Business

Brooks Brothers, the retailer known for dressing the great and good of the United States since 1818, filed for bankruptcy on Wednesday, buckling under the pressure from the coronavirus pandemic follow...

Private sector lender Yes Bank on Thursday said it has filed a red herring prospectus to raise up to Rs 15,000 crore through issuance of fresh equity shares in its further public offering (FPO). The ...

Budget carrier IndiGo is expected to report a loss of Rs 2,670 crore for the June 2020 quarter, while its rival SpiceJet’s losses during the quarter are likely to be at around Rs 1,000 crore owi...

Two more private sector banks have joined the funds chase as they are set to mobilise at least Rs 25,000 crore to boost capital at a time bad loans are projected to rise following the Covid-19 pandemi...

The Supreme Court on Wednesday recalled its March 27 order by which it had allowed the sale of BS-IV vehicles for 10 days across the country, except in Delhi-NCR, after the lifting of the Covid-19 ind...

UTI Mutual Fund has proposed to side-pocket its exposure to Zee Learn (ZLL) after the latter’s debt instruments were downgraded to below-investment grade. The fund house has a combined exposure...

Pankaj Munjal of Hero Cycles has become the latest industrialist to join the call to boycott Chinese goods by snapping a Rs 900-crore trade deal with entities in that country. This comes after tensio...

Gems and jewellery exporters on Wednesday approached Union finance minister Nirmala Sitharaman for a supportive e-commerce policy because of the challenges faced during the pandemic. Industry body Ge...

The growing sentiment against Chinese goods has prompted the government to propose labelling the “country of origin” on all products in the marketplace from August. However, e-tailers suc...

Inflow into equity mutual funds slumped 95 per cent to a little over Rs 240 crore in June as investors pulled out from large-cap and multi-cap funds due to profit booking.  This is the third con...