Westlife Development’s arm introduces ‘Work From Home’ policy for restaurant management teams

Hardcastle Restaurants (HRPL), a Master Franchisee for West & South India operations of McDonald’s restaurants and a subsidiary of the Westlife Development, has introduced a unique ‘Work From Home’ policy for its restaurant management teams and the frontline crew, who are unable to go to work due to the nation-wide lock down. The move is … Read more

Roto Pumps resumes operation with limited manpower

Roto Pumps has received permission from District Administration to resume operations from April 06, 2020, with the limited manpower to ensure supply of the products to emergency service providers. The company’s most of the staff was continuing to work as per work from home policy of the company. Roto Pumps is an engineering company with … Read more

India Ratings affirms ratings of IndusInd Bank

India Ratings and Research (Ind-Ra) has affirmed IndusInd Bank’s Long-term Issuer Rating at ‘AA+’ with revised Bank’s outlook from Stable to Negative. The agency has also affirmed Short-Term Issuer Rating at ‘A1+’. The agency has also affirmed rating of bank’s Senior Unsecured redeemable Bonds worth Rs 2000 crore at ‘AA+’ with outlook revised to Negative … Read more

Bajaj Finance acquires 1.9 million new customers in Q4FY20

Bajaj Finance has reported 42.6 million customer franchise as of March 31, 2020 on consolidated basis, as compared to 34.5 million customer franchise as of March 31, 2019. During Q4FY20, the Company acquired 1.9 million new customers. The company’s new loans booked during Q4FY20 was 6.0 million as compared to 5.8 million in Q4 FY19. … Read more

Solar Industries partially restarts manufacturing operations

Solar Industries has partially resumed its manufacturing operations with the limited manpower and with all the necessary safety precaution measures to ensure the supply of products to emergency service providers. The management continues to monitor the situation closely and is taking appropriate steps – actions as per directions from local authorities and all other relevant … Read more