No clamour or rush for restructuring of loan:…

New Delhi: Contrary to market expectations, there was not too much demand or clamourfor restructuring of loans as permitted by RBI recently to beat the COVID-19 related stress, SBI Chairman Rajnish Kumar said. He expects…

About 15 lakh took Covid insurance in a…

About 1.5 million lives have been insured within a month under the two Covid-19 specific insurance policies, Corona Kavach and Corona Rakshak, according to Subhash Khuntia, chairman of the Insurance Regulatory and Development Authority of…

Nikola’s entire quarterly revenue of $36,000 was from…

Nikola Motor CompanySource: Nikola Motor CompanyNikola's entire second quarter revenue of $ 36,000 was related to solar installations for Executive Chairman Trevor Milton, according to a filing with the Securities and Exchange Commission."During the three…

We have no plans to lay off any…

BENGALURU: Wipro chairman Rishad Premji said the IT services company has not laid off any employee and has no plans to retrench employees due the Covid-19 pandemic impact on business. Premji, who took charge in…

JANA Partners pushes for changes at a government…

Barry Rosenstein, founder of JANA Partners.Adam Jeffery | CNBCCompany: Perspecta Inc. (PRSP)Business: Perspecta provides end-to-end information technology services and mission solutions to government customers. The company serves intelligence, defense, space, federal civilian, federal healthcare and state…