Due to the COVID-19 pandemic – the Indian hotel industry has a taken a hit of over Rs 1.30 lakh crore in revenue for the fiscal year 2020-21, as told by the Federation of Hotel & Restaurant Associations of India (FHRAI) on Sunday. FHRAI said that they have submitted a representation asking for immediate help from the Prime Minister to ...

Hyderabad based Penna Cement has started the paper works to launch an IPO. The company submitted papers to SEBI stating that they are planning to raise Rs 1,550 crore through an initial share sale. The IPO (initial public offer) is a combination of fresh issue of equity shares worth Rs 1,300 crore and an offer for sale of up to ...

Delhi lockdown has been extended by 1 more week. Now there will be a lockdown till 24th May in Delhi. The Chief Minister of Delhi, Arvind Kejriwal on Sunday announced the news. “We are extending the lockdown by one more week in the national capital. Instead of tomorrow, lockdown will continue till next Monday 5 am in Delhi,” said Arvind ...

Elon Musk on Twitter asked his followers “should Tesla start accepting Doge coin” as a payment method. He posted this tweet in the form of Twitter poll to which approx. 3,901,106 people had answered with 78.2 percent answering in the positive. Checkout his tweet below: Do you want Tesla to accept Doge? — Elon Musk (@elonmusk) May 11, 2021 Dogecoin ...

The share price of Dishman Carbogen Amcis dropped by over 15% intraday on May 12. This happened after the company reported a net loss of Rs 135.02 crore for March quarter against a net profit of Rs 50.19 crore in previous quarter. However the sales of the company increased by 3.36 percent to Rs 529.32 crore for the quarter ended March ...

DCB bank gets a huge start in the morning session (of May 10, 2021) with over 2% increase in their share price. The increase was the result of DCB Bank announcing their March quarter results. Under which they reported their net profit to increase by 13% as compared to last year. The bank reported a net profit of Rs 78 ...

JSW Steel share price increased by 3.4 percent intraday on May 7 after they entered into a joint venture with JFE Steel for manufacturing grain-oriented electrical steel sheet. On Friday, both the companies signed a MOU (which is Memorandum of Understanding) to establish a grain-oriented electrical steel sheet manufacturing and sales joint-venture company in India. Under this agreement, they will be ...

WeWork has also joined the high-profile firm’s clan by starting to accept the payments in cryptocurrencies. They released a statement saying they have partnered with Coinbase Global Inc. and payment app Bitpay to facilitate the transactions. Seems like all big companies are moving towards accepting payments in cryptocurrency. As Visa Inc. has also announced they will start settlement of payments ...