HCL sets up Global Development Centre in Colombo

New Delhi: The new centre was inaugurated by Sri Lanka Prime Minister Mahinda Rajapaksa and Gopal Baglay, the Indian High Commissioner to the island nation, in the presence of HCL Technologies founder Shiv Nadar, and CEO C Vijayakumar through a virtual conference, a company statement said. HCL plans to deploy...

Future Consumer defaults on debt repayment

New Delhi:Future Group firm Future Consumer Ltd (FCL) on Monday said it has defaulted on payment of principal redemption and interest on non-convertible debentures. The current default amount includes principal of Rs 20 crore and interest of Rs 2.03 crore, payable annually, it said. In a regulatory filing, the company...

Sensex, Nifty closed in red mark

Investors were cautious in the stock market at first amid increasing tension between India and China forces on LAC. Although some purchases were seen in Introde, but later the markets closed weakly. China's official newspaper claims that on Monday night, the border between the two armies was fired after 45...