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Tags : "enterprises"

Future Enterprises defaults on debt repayment

NEW DELHI: Future Enterprises Ltd (FEL) on Friday said it has defaulted on debt repayment towards commercial paper. The company is unable to service its obligations in respect of the payment of commercial paper after its maturity and the gross principal amount on which the default has occurred on September 14, 2020, is Rs 90 […]Read More

Tech Mahindra launches cloud operations and subscription management platform for

PUNE: Tech Mahindra today announced the launch of an intelligent cloud operations and subscription management platform, iCOPS, for global enterprises. The platform simplifies and streamlines cloud operations to improve efficiency by leveraging AIOps and analytics with data security and cost optimization. iCOPS will deliver a unified management experience across hybrid and multi-cloud operations with a […]Read More

Coffee Day Enterprises Q1 results: Net profit at Rs 1,672.41

New Delhi: Coffee Day Enterprises Ltd on Friday reported a consolidated net profit of Rs 1,672.41 crore for the April-June quarter, helped by stake sale in Mindtree. The company had posted a net profit of Rs 21.06 crore in the April-June quarter a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing. […]Read More

ET View: A big bang for small and medium enterprises

While the Rs 20 lakh crore stimulus package is being revealed in parts like the episodes of an intense television serial, and we today have seen only the first episode, we are in no position to present a review of the entire production. But what we have seen today holds out tantalising possibilities, particularly the […]Read More

PM meets FM for second economic stimulus package

NEW DELHI: Prime Minister Narendra Modi on Saturday held a series of meetings with key ministers, including Home Minister Amit Shah and Finance Minister Nirmala Sitharaman, and officials of economic ministries to firm up the second stimulus package for sectors impacted by lockdown to curb spread of coronavirus, sources said. The prime minister held discussions […]Read More

Downgrades begin: Brokerages cut down estimates for stocks, sectors

Brokerages have slashed goal costs on shares of corporations throughout sectors to mirror the cut of their earnings estimates amid the wide-scale shutdown in companies within the wake of the spreading Covid-19 pandemic. Notable cuts in goal costs have taken place in auto, auto ancillaries and diagnostics corporations. Active Covid-19 circumstances in India have surpassed […]Read More