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Representative Image — Chick-fil-A lands behind McDonald's as second-highest-grossing fast-food chain

The company missed a debt interest payment in April, fueling speculation of an impending bankruptcy

JC Penney pushed into bankruptcy by Covid-19 pandemic

May 16, 2020

The company is part of the $110 billion Tata Group

Tata Chemicals Q4 profit slips by 32 pc to Rs 118 crore

May 16, 2020

Wabco is at the forefront of advanced fleet management systems and digital services.

Wabco, ZF obtain Chinese regulatory clearance for merger plan

May 16, 2020

Air Canada to lay off 20,000 workers as pandemic collapses travel industry

May 16, 2020

China to accelerate development of industrial big data sector

May 16, 2020

More News

Pakistan cuts interest rate by 100 bps to support businesses against COVID-19 impact

May 16, 2020

Islamabad (Pakistan), May 16: The State Bank of Pakistan (SBP) has announced to cut the country's policy rate by 100 basis points to 8 percent...

U.S. retailer J.C. Penney files for bankruptcy due to pandemic

May 16, 2020

Houston (USA), May 16: U.S. retail giant J.C. Penney filed for bankruptcy on Friday due to the impact of COVID-19.

China adds 102 new PPP projects in April

May 16, 2020

Beijing (China), May 16: China saw a total of 252 new public-private partnership (PPP) projects registered in the first four months of the year, with...

China's AI infrastructure market surges to 2.09 bln USD in 2019: report

May 16, 2020

Beijing (China), May 16: China's artificial intelligence (AI) market soared 58.7 percent year on year to 2.09 billion U.S. dollars last year, according to an...

China's passenger, cargo transport further narrows contraction

May 16, 2020

Beijing (China), May 16: China's transportation industry further narrowed its year-on-year contraction in April as business resumption gained more momentum, with cargo transport near the...

The SME marketplace is first in India to connect whole agriculture value chain in one digital ecosystem

Agritech marketplace SafalFasal to repair coronavirus-hit supply chain

May 16, 2020

New Delhi [India], May 16 (ANI): Global digital payment solutions leader BPC and its SME marketplace SafalFasal said they have supported more than 75,000 Covid-hit...

L&T Technology Services reports 11 per cent revenue growth in FY20

May 16, 2020

Mumbai (Maharashtra) [India] May 16 (ANI/BusinessWire India): L&T Technology Services Limited, India's leading pure-play engineering services company, announced its results for the fourth quarter ended...

The government is staring at revenue shortfall of Rs 4 lakh crore from FY21 budget estimate

Increased government borrowing unlikely to translate into meaningful fiscal stimulus: Ind-Ra

May 16, 2020

New Delhi [India], May 16 (ANI): The government's announcement of enhancing gross borrowings to Rs 12 lakh crore from the budgeted Rs 7.8 lakh crore...

ONGC contributes nearly 70 pc to the domestic oil and gas production

ONGC awards 49 marginal oil fields to seven firms

May 16, 2020

New Delhi [India], May 16 (ANI): Oil and Natural Gas Corporation (ONGC) has placed a notice of award to seven successful bidders in 13 contract...

German footwear brand Von Wellx shifts production from China to India

May 16, 2020

New Delhi [India], May 16 (ANI): Casa Everz Gmbh, owner of healthy footwear brand Von Wellx, has decided to shift its entire production from China to India, demonstrating a start to the government's recent plans to bring foreign companies into the country.