Companies Government News

Govt To Sell 92.44 Lakh Shares of Coal India To Employees Via OFS

The central government will sell 92.44 lakh shares of Coal India, representing 0.15 per cent of the total equity share of the company, to its eligible employees via Offer For Sale route, the state-owned company informed stock exchanges on Monday. The Coal India shares will be offered at Rs 226.10, the stock exchange filing showed. […]

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Brands News People

Philips Cuts Down 6,000 Jobs After Sleep Device Recall Losses Deepen

Philips said on Monday that it will cut down 6,000 jobs across the globe after the losses caused by a massive recall of faulty sleep respirators. The company announced a global recall 2021 of its appliances to help people suffering from sleep apnoea. And due to this recall, Philips revealed net losses of 105 million […]

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