Thursday, July 16, 2020

Air India takes tough HR calls ahead of sale
New Delhi | Thursday, 2020 10:15:05 PM IST
Air India is taking tough personnel decisions before the privatization of the national carrier. It has asked various departments to identify the employees not available for duties. ... read..

COVID-19 world: Iran may deny Farzad-B gas field rights to OVL
New Delhi | Thursday, 2020 10:15:05 PM IST
In a big setback for India's ambitions to build its energy security by acquiring oil and gas blocks abroad, Iran is set to deny ONGC Videsh Ltd (OVL) exploration and production rights for the prestigious Farzad B gas field. ... read..

Crude oil crash adds to financial stress of states
New Delhi | Thursday, 2020 9:15:06 PM IST
Crude oil price crash in the midst of the coronavirus pandemic has further hit the finances of the state governments as it has badly depleted yet another source of revenue in this difficult period. ... read..

RBI asks ARCs to deal with buyers in line with Section 29A of IBC
Mumbai | Thursday, 2020 9:15:06 PM IST
The Reserve Bank of India (RBI) on Thursday came up with a Fair Practices Code for asset reconstruction companies (ARC) wherein the central bank has asked the ARCs to deal with prospective buyers in spirit with the Section 29A of the Insolvency and Bankr ... read..

American Airlines to furlough 25,000 employees in October
Washington | Thursday, 2020 8:45:06 PM IST
American Airlines will issue notices to 25,000 employees that they face potential furloughs on October 1, two tops executives said in a memo. ... read..

SBI Card CEO resigns, Ashwini Kumar Tewari to takeover
Mumbai | Thursday, 2020 8:45:06 PM IST
SBI Cards and Payments Services' MD and CEO Hardayal Prasad has resigned from the post owing to his voluntary retirement from the State Bank of India and Ashwini Kumar Tewari has been appointed the new MD and CEO. ... read..

Jewellery industry needs digital strategies for post-Covid growth: Report
New Delhi | Thursday, 2020 7:15:05 PM IST
The jewellery industry which is going through a slowdown in consumption demand amid the pandemic would require digital strategies for its growth post the Covid-19 crisis, according to a report by the World Gold Council. ... read..

F-Talk Show's 'Discover Possibilities' Turns Out To Be A Massive Success
| July 16, 2020 7:11:54 PM IST
New Delhi [India], July 16 (ANI/Mint Green Events): The launch of F-Talk Show's 'Discover Possibilities' on 11th July, 2020 as part of an initiative by Mint Green Events, was a massive success. It has been talked about a lot of social media, and audiences ... read..

TradeIndia Announces India's First Virtual B2B Event: COVID-19 Essentials Expo India 2020
| July 16, 2020 6:42:04 PM IST
New Delhi [India], July 16 (ANI/BusinessWire India): As several small and medium industries have been adversely impacted by the ongoing COVID-19 contagion in the country, the business community is roping in all efforts to stabilize the situation and rejuv ... read..

Cyril Amarchand Mangaldas Advises Editorji on Investment by RP-SG Group
| July 16, 2020 6:42:02 PM IST
Mumbai (Maharashtra)/New Delhi [India], July 16 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to Editorji Technologies Private Limited (Editorji) and its promoter Mr. Vikramaditya Chandra, on an investment by RP Sanjiv Goenka Group ... read..

Goodera Presents Karma Summit 2020 - Rebuilding our Communities
| July 16, 2020 6:42:01 PM IST
Bengaluru (Karnataka) [India], July 16 (ANI/NewsVoir): On July 22nd and 23rd, over 3000 corporate leaders and nonprofits from 35 countries will join the Karma Summit on Rebuilding our Communities. Hosted by Goodera, the summit aims to be the world's large ... read..

REPL Announces Annual Results, Net Profit Jumps 41.41 percent YoY
| July 16, 2020 6:41:59 PM IST
New Delhi [India], July 16 (ANI/NewsVoir): The leading infrastructure consultancy firm Rudrabhishek Enterprises Limited (REPL) announced its annual results for the Financial Year 2019-20, which shows YoY increase in consolidated revenue from operations by ... read..

Rare Liver Auto-transplant Amid COVID-19 Pandemic gives New Lease of Life to Mother with Liver Cancer
| July 16, 2020 6:41:53 PM IST
Bengaluru (Karnataka) [India], July 16 (ANI/NewsVoir): A rare liver auto-transplant was successfully performed at Apollo Hospitals, Bengaluru recently. ... read..

Home sales in top 8 cities fall to 10-year low in H1: Knight Frank India
Mumbai (Maharashtra) | July 16, 2020 6:11:52 PM IST
Housing sales in top eight cities of the country dropped by 54 per cent year-on-year to a decadal low of 59,538 units during the first half of 2020 on account of COVID-19 pandemic, according to a Knight Frank India report released on Thursday. ... read..

Global economy not out of the woods yet: IMF Chief Kristalina Georgieva
Washington DC | July 16, 2020 5:41:53 PM IST
The global economy continues to face challenges, including the possibility of a second wave of Covid-19, and governments should keep their support programmes in place, IMF Managing Director Kristalina Georgieva said on Thursday. ... read..

Outfits Launch 30 Mobile Dispensary Vans in Chennai to Conduct Health Check-ups of Residents on Spot
| July 16, 2020 5:41:52 PM IST
Chennai (Tamil Nadu) [India], July 16 (ANI/NewsVoir): Jain Groups (BJCRRR), JITO, Chalo Sankeshwar, Jain Mitr, RCC, RCC Diva & RYA in association with Greater Chennai Corporation launched 30 Mobile Dispensary vans yesterday at Shri Shankarlal Sundarba ... read..

IT stocks lift equity indices, Infosys surges 14%
Mumbai | Thursday, 2020 5:15:06 PM IST
The key Indian equity indices traded on a positive note on Thursday morning supported by healthy buying in IT stocks. ... read..

Govt permits operation of Electricity Futures in India
New Delhi | Thursday, 2020 5:15:06 PM IST
In a major reform initiative, the government has permitted opening up of derivative market in the power sector like any other commodity, allowing both power generators and consumers to enter futures contracts and use it as a new hedging tool to mitigate p ... read..

IBM collaborates with CBSE to integrate AI curriculum in 200 schools
New Delhi | July 16, 2020 5:11:53 PM IST
Information technology major IBM said on Thursday it is collaborating with the Central Board of Secondary Education (CBSE) to integrate artificial intelligence (AI) in the high school curriculum (grade 11 and 12) for the current academic year (2020-21). ... read..

Walmart makes face coverings mandatory in US
Washington | Thursday, 2020 4:15:05 PM IST
Retail giant Walmart has made it mandatory for its customers across the US to wear face coverings starting July 20. ... read..

Sensex jumps 420 points, Infosys stock up 9 pc post Q1 numbers
Mumbai (Maharashtra) | July 16, 2020 4:11:52 PM IST
Equity benchmark indices closed 1 per cent higher on Thursday led by smart gains in IT stocks. ... read..

PM Modi taking inputs from top 50 officials to revive economy: Sources
By Shailesh Yadav

New Delhi | July 16, 2020 3:42:21 PM IST
Prime Minister Narendra Modi is meeting top officials of the finance and commerce ministries later on Thursday to assess the impact of ongoing COVID-19 pandemic on the national economy, official sources said. ... read..

Karnavati University adopts new academic ecosystem amidst COVID-19
| July 16, 2020 3:42:15 PM IST
Gandhinagar (Gujarat) [India] July 16 (ANI/NewsVoir): Many universities are using various digital platforms to continue education and some are going out of their way to host online events such as webinars, talk shows, and faculty training programmes. ... read..

Star Air launches charter services
| July 16, 2020 3:42:13 PM IST
Bengaluru (Karnataka) [India] July 16 (ANI/PRNewswire): Life is a journey that cannot be imagined without traveling but the prevailing COVID-19 situation has made the whole world come to a standstill. ... read..

Licious expands RTE category, launches India's first Prawn Spread
| July 16, 2020 3:42:12 PM IST
Bengaluru (Karnataka) [India] July 16 (ANI/BusinessWire India): Licious, India's fastest growing meat, seafood & meat products brand, announced an addition in their Ready-To-Eat category with the launch of Prawn Spreads. ... read..

Everhale Stretch N' Flex - Meet the women who have vouched to help women with osteoarthritis
| July 16, 2020 3:42:03 PM IST
Thrissur (Kerala) [India] July 16 (ANI/BusinessWire India): Led by women entrepreneurs, Kerala-based Pharma Startup Everhale Pharmaceuticals launched an all-natural supplement - StretchN'Flex- with the aim to help women with osteoarthritis and inflammator ... read..

Surat's company invents - low-cost, high-end ventilator in support of the Aatmanirbhar Bharat Abhiyan
| July 16, 2020 3:42:00 PM IST
Surat (Gujarat) [India] July 16 (ANI/News Wire India): Surat's company developed a low-cost ventilator, which is high quality, after getting inspired by Aatmanirbhar Bharat Abhiyan. The ventilator has the same features as that in the ventilators which are ... read..

The agile achiever: The all-new BMW S 1000 XR now in India
| July 16, 2020 3:41:56 PM IST
Gurugram (Haryana) [India] July 16 (ANI/BusinessWire India): BMW Motorrad India has launched its internationally best-selling adventure sportbike, the all-new BMW S 1000 XR in India. ... read..

Oil companies hold diesel, petrol prices again
New Delhi | Thursday, 2020 3:15:05 PM IST
A day after diesel Prices increased to extend its gain over petrol in Delhi, oil marketing companies decided to keep the pump prices of the two petroleum products unchanged on Thursday. ... read..

COVID-19 exacerbates decline in real estate bookings: Ind-Ra
Mumbai (Maharashtra) | July 16, 2020 2:41:52 PM IST
The overall residential demand is expected to decline by over 25 per cent year-on-year in the current financial year FY21 due to ongoing COVID-19 pandemic after registering a fall of 5 per cent in FY20, according to India Ratings and Research (Ind-Ra). ... read..

HDFC ERGO Health launched Corona Kavach, helps customers look ahead at life confidently
| July 16, 2020 1:11:52 PM IST
Mumbai (Maharashtra) [India] July 16 (ANI/NewsVoir): HDFC ERGO Health Insurance Ltd (HDFC ERGO Health), erstwhile Apollo Munich Health Insurance Company (Apollo Munich), announced the launch of 'Corona Kavach' policy. ... read..

Trading volumes of digital gold in India total 4 to 5 tonnes: WGC
New Delhi | July 16, 2020 1:11:50 PM IST
Trading volumes of digital gold in India totalled four to five tonnes last year -- equivalent to just three per cent of annual gold retail investment -- with an estimated 25 lakh active investors with repeat transactions on various platforms, the World Go ... read..

Tata Power to develop 225 MW hybrid renewable power project
Mumbai (Maharashtra) | July 16, 2020 12:41:54 PM IST
Tata Power Green Energy Ltd (TPGEL) has received a letter of award from Tata Power Mumbai Distribution to develop a 225 megawatt hybrid renewable project. ... read..

IndusInd Bank adopts agile technology platform for deeper customer engagement
Mumbai (Maharashtra) | July 16, 2020 12:12:04 PM IST
IndusInd Bank on Thursday announced successful integration with a leading enterprise solution provider which will simplify the process of customer on-boarding, introduce new products and meet customer demands by automating and customising processes to fit ... read..

Fineotex Chemical Limited's cash flow from operation up by 136 per cent
| July 16, 2020 12:11:55 PM IST
Mumbai (Maharashtra) [India] July 16 (ANI/PRNewswire): Fineotex Chemical, one of India's largest and most progressive speciality chemical manufacturers, has secured a robust growth in its Annual Result ending March 2020. ... read..

CSL to build autonomous electric vessels for Norway-based Asko Maritime
Kochi (Kerala) | July 16, 2020 11:41:56 AM IST
Cochin Shipyard Ltd (CSL) has signed contracts for construction and supply of two autonomous electric ferries for Asko Maritime AS in Norway with an option to build two more identical vessels. ... read..

LTI Q1 net profit up 17 pc y-o-y at Rs 416 crore
Mumbai (Maharashtra) | July 16, 2020 11:11:58 AM IST
Digital solutions major Larsen & Toubro Infotech (LTI) has reported net income at Rs 416 crore in the first quarter of the current fiscal year, marking 17.1 per cent growth year-on-year but a fall of 2.6 per cent quarter-on-quarter. ... read..

Equity indices in the green, Infosys stock surges 12 pc post Q1 numbers
Mumbai (Maharashtra) | July 16, 2020 10:41:53 AM IST
Equity benchmark indices were in the positive terrain during early hours on Thursday amid mixed global trends with gains led by IT stocks. ... read..

US stocks rise amid vaccine hopes, earnings
New York | Thursday, 2020 10:15:06 AM IST
US stocks finished higher on Wednesday as market mood was bolstered by encouraging news about an experimental Covid-19 vaccine and a slew of better-than-expected earnings. ... read..

US dollar dips amid coronavirus uncertainty
New York | Thursday, 2020 8:15:06 AM IST
The US dollar weakened in late trading on Wednesday as appetite for the currency diminished amid a continued spike in coronavirus infections across the United States. ... read..

EuroSchool delivers 100 per cent results in CBSE
| July 16, 2020 7:41:54 AM IST
Mumbai (Maharashtra) [India] July 16 (ANI/PRNewswire): EuroSchool, a leading network of K-12 schools has announced excellent performance in the CBSE Class X results of 2020. ... read..

Five IT Parks to come up in East Hyderabad to disperse growth
Hyderabad | Thursday, 2020 6:45:05 AM IST
In a move aimed at dispersing Information Technology sector's growth within Hyderabad, Telangana government has permitted conversion of five industrial parks into IT parks in East Hyderabad. ... read..

India attains trade surplus in June; but shipments still down (Roundup)
New Delhi | Thursday, 2020 6:45:05 AM IST
Even though both exports and imports were deep in the red due to the Covid-19 pandemic, official data showed that India emerged as a net exporter in June. ... read..

Fall in India's merchandise exports eases in June (Lead)
New Delhi | Thursday, 2020 4:45:05 AM IST
The contraction in India's exports narrowed down in June, as merchandise exports stood at $21.91 billion. ... read..

SEBI eases norms for entities planning to list NCDs, CPs
Mumbai | Thursday, 2020 4:15:05 AM IST
The Securities and Exchange Board of India (SEBI) has relaxed compliance norms for listed entities intending to list their Non-Convertible Debentures (NCDs), Non-Convertible Redeemable Preference Shares (NCRPSs) and Commercial Papers (CPs). ... read..

Air India institutes 'leave without pay' for up to 5 years (Roundup)
New Delhi | Thursday, 2020 3:45:05 AM IST
Even as the privatisation process drags on, national carrier Air India has instituted a scheme whereby employees can opt to take 'leave without pay' ranging from six months up to five years. ... read..

Fall in India's merchandise exports eases in June
New Delhi | Thursday, 2020 3:15:06 AM IST
The contraction in India's exports narrowed down further in June, as merchandise exports stood at $21.91 billion. ... read..

RIL holds world's largest virtual shareholder meeting
New Delhi | Thursday, 2020 2:15:06 AM IST
Reliance Industries Limited (RIL) on Wednesday hosted the worlds largest virtual shareholder meet with 3.2 lakh shareholders live on the newly-minted JioMeet platform from 550 cities across 48 countries. ... read..

SBI Board approves raising of up to Rs 25K cr via bonds
Mumbai | Thursday, 2020 1:15:06 AM IST
The Central Board of the State Bank of India (SBI) on Wednesday approved the raising of up to Rs 25,000 crore through bonds in the financial year 2020-21. ... read..

IGIA handles 20 mn pieces of essential medical supplies during Q1 FY21
New Delhi | Thursday, 2020 1:15:05 AM IST
The capital's IGI Airport handled more than 20 million pieces of essential medical supplies during the first quarter of the financial year 2021, the airport operator said on Wednesday. ... read..

Reliance Retail to get in global investors in few quarters
New Delhi | Wednesday, 2020 11:45:06 PM IST
Reliance Industries Limited (RIL) chairman Mukesh Ambani on Wednesday announced that global partners and investors will be brought into the company's retail arm -- Reliance Retail in the next few quarters. ... read..

Essential industries can operate amid B'luru lockdown: Official
Bengaluru | Wednesday, 2020 11:15:05 PM IST
The Karnataka government has allowed a group of select essential industries and those with a continuous production process to function in the city amid the July 14-22 Covid lockdown, an official said on Wednesday. ... read..

EC Ashok Lavasa appointed ADB Vice-President
New Delhi | Wednesday, 2020 10:15:05 PM IST
The Asian Development Bank (ADB) has appointed India's Election Commissioner Ashok Lavasa as the Vice-President for Private Sector Operations and Public-Private Partnerships. ... read..

RIL-Aramco deal on track, Ambani says committed to partnership
Delhi | Wednesday, 2020 10:15:05 PM IST
The blockbuster deal involving the world's largest oil producer -- Aramco picking up a minority stake in refinery business of India's largest corporate house -- Reliance Industries (RIL), is on track as the two sides remain committed to a long term partn ... read..

Jio's 'Made-in-India' 5G solution ready: Mukesh Ambani
Mumbai | Wednesday, 2020 9:45:06 PM IST
In a major development amid the chorus for an 'Aatmanirbhar Bharat' or self-reliant India, Reliance Industries (RIL) Chairman Mukesh Ambani on Wednesday announced that Reliance Jio has developed a complete 5G solution from scratch. ... read..

FY21 domestic air passenger traffic expected to shrink by 40-45%: Crisil
New Delhi | Wednesday, 2020 9:15:06 PM IST
Curtailed mobility of people due to the Covid-19 pandemic is expected to shrink India's domestic air passenger traffic by 40-45 per cent in FY21, rating agency Crisil said on Wednesday. ... read..

Google to invest Rs 33,737cr in Jio Platforms for 7.73% stake
Mumbai | Wednesday, 2020 8:45:06 PM IST
In a mega investment announcement, Reliance Industries (RIL) Chairman Mukesh Ambani on Wednesday said that Google will invest Rs 33,737 crore in Jio Platforms for an equity stake of 7.73 per cent. ... read..

Honda launches 5th generation of sedan City
New Delhi | Wednesday, 2020 8:45:06 PM IST
Automobile manufacturer Honda Cars India on Wednesday launched the 5th generation of sedan City in India. ... read..

AIBEA to name willful defaulters of Rs 1.4 trillion loans
Chennai | Wednesday, 2020 8:15:05 PM IST
The All India Bank Employees' Association (AIBEA), a major union in the banking sector, will soon be releasing a list of about 2,400 willful bank loan defaulters with a total dues of about 140,000 crore, said a top union official. ... read..

Diesel extends gains over petrol in Delhi
New Delhi | Wednesday, 2020 7:45:05 PM IST
Unexpected rise in diesel prices despite slower demand has extended the gain for the transport fuel over petrol in Delhi. ... read..

Higher inflation unlike to deter MPC from further rate cuts
New Delhi | Wednesday, 2020 7:15:05 PM IST
Higher inflation unlikely to deter the Monetary Policy Committee (MPC) to hold any further rate that has become important to infuse liquidity and prop up economic activity dented by Covid-19 pandemic. ... read..

Visa appoints Sujai Raina as Vice President for India operations
Mumbai | Wednesday, 2020 7:15:05 PM IST
Payments technology major Visa on Wednesday announced the appointment of Sujai Raina as Vice President and Head of Business Development for India. ... read..

Maruti Suzuki to recall 134,885 units of WagonR, Baleno
New Delhi | Wednesday, 2020 5:45:05 PM IST
Automobile major Maruti Suzuki India will recall a total of 134,885 vehicles of hatchback WagonR and sedan Baleno for a possible fuel pump issue. ... read..

Sensex up 650 points, RIL hits new high ahead of AGM (Lead)
Mumbai | Wednesday, 2020 5:45:05 PM IST
The key Indian equity indices surged on Wednesday with the BSE Sensex gaining over 650 points. ... read..

Saudi Aramco deal on hold due to pandemic situation: Mukesh Ambani
Mumbai (Maharashtra) | July 15, 2020 4:41:49 PM IST
Reliance Industries Limited (RIL) Chairman Mukesh Ambani on Wednesday said the deal with Saudi Aramco has not progressed according to the scheduled time due to ongoing pandemic situation. ... read..

Jio Mart-WhatsApp to create growth opportunity for kiranas: Mukesh Ambani
Mumbai (Maharashtra) | July 15, 2020 4:11:58 PM IST
Reliance Industries Limited (RIL) Chairman Mukesh Ambani on Wednesday said JioMart and Facebook-owned Whatsapp will work together to create more growth opportunities for kirana stores in India. ... read..

Markets open on a positive note Wednesday morning
Mumbai | Wednesday, 2020 3:45:05 PM IST
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. ... read..

Jio partners Google to develop affordable 5G smartphones
Mumbai (Maharashtra) | July 15, 2020 3:42:02 PM IST
Reliance Jio has designed and developed a complete 5G solution from scratch and the same will be ready for trials as soon as 5G spectrum is available, Reliance Industries Limited (RIL) Chairman Mukesh Ambani said, adding that the company is partnering wit ... read..

Skill-Lync launches world's first skill-based Semester-Assist Program for mechanical, automotive and aerospace engineers
| July 15, 2020 3:41:58 PM IST
Chennai (Tamil Nadu) [India], July 15 (ANI/NewsVoir): Ed-tech and online major, Skill-Lync (a Y-Combinator backed company) - with a mission to revolutionize Engineering Education around the world - today announced the launch of Skill-Lync Professional Sem ... read..

Study reveals severe gaps in understanding of quality protein requirements in India's daily diets
| July 15, 2020 3:41:57 PM IST
Mumbai (Maharashtra) [India] July 15 (ANI/BusinessWire India): Right To Protein, a nationwide public health awareness initiative, released the findings of a study that uncovers a paradox in India's daily protein consumption habits. ... read..

SME Financing made easy with a Business Loan from Bajaj Finserv
| July 15, 2020 3:41:55 PM IST
Pune (Maharashtra) [India], July 15 (ANI/BusinessWire India): According to a report by India Today - "India's MSME sector forms the life-blood of India's economy; contributing to 30 per cent of India's GDP and 40 per cent of exports." ... read..

UL helps advance vaccination storage technologies with new World Health Organization accreditation
| July 15, 2020 3:11:53 PM IST
Bengaluru (Karnataka) [India] July 15 (ANI/BusinessWire India): UL, a leading global safety science company, has announced that its Refrigeration Laboratory in Gurugram, India, has received World Health Organization (WHO) accreditation as a designated thi ... read..

Google picks up 7.7 per cent stake in Jio for Rs 33,737 crore: Mukesh Ambani
Mumbai (Maharashtra) | July 15, 2020 3:11:52 PM IST
Reliance Industries Limited (RIL) has signed a binding partnership with Google to pick up 7.7 per cent stake in Jio platforms for an investment of Rs 33,737 crore, said RIL Chairman Mukesh Ambani on Wednesday. ... read..

Odisha partners with Coursera to upskill 50,000 unemployed youth during COVID-19
New Delhi | July 15, 2020 2:12:05 PM IST
Odisha Skills Development Authority (OSDA) has partnered with leading online learning platform Coursera to train 50,000 unemployed youth during the COVID-19 crisis. ... read..

IFFCO records highest production, sales, profit, operations in FY 2019-20
New Delhi | July 15, 2020 2:11:56 PM IST
The Indian Farmers Fertilser Cooperative (IFFCO) said on Wednesday it posted the highest ever net profit after tax (PAT) of Rs 1,005 crore during the last fiscal year 2019-20. ... read..

'Main Mulayam Singh Yadav' trailer out, film to release on 2nd October
| July 15, 2020 2:11:49 PM IST
Mumbai (Maharashtra) [India] July 15 (ANI/NewsVoir): The much-awaited trailer of 'Main Mulayam Singh Yadav' was finally dropped by the makers on Wednesday. ... read..

Mace-ANAROCK collaboration to deliver tech-driven construction solutions to Indian real estate
| July 15, 2020 1:42:17 PM IST
Mumbai (Maharashtra) [India] July 15 (ANI/NewsVoir): Mace, the international consultancy and construction company, and ANAROCK Group, India's leading real estate services company have announced a collaboration to bring unique real estate services to immed ... read..

1st Occupational Safety & Health India (OSH) Virtual Expo: A premier digital offering by Informa Markets in India
| July 15, 2020 1:42:15 PM IST
Mumbai (Maharashtra) [India] July 15 (ANI/PRNewswire): The Occupational Safety and Health (OSH) India Virtual Expo, South Asia's largest show catering to the occupational safety and health industry by Informa Markets in India (formerly UBM India), announc ... read..

UST Global announces new offerings as more IT operations and workloads are shifted to the cloud
| July 15, 2020 1:42:12 PM IST
Bengaluru (Karnataka) [India] July 15 (ANI/PRNewswire): UST Global, a leading digital transformation solutions company, today announced the launch of two new cloud offerings, UST CloudDesk and UST MultiCloud Manager, in response to an increased global dem ... read..

Pharma Culture Good Hair Ayurvedic with brand face Hina Khan
| July 15, 2020 1:42:00 PM IST
Mumbai (Maharashtra) [India] July 15 (ANI/BusinessWire India): Pharma Culture Healths Pvt ltd, an FMCG company, with its corporate office in Mumbai, launches first range of hair care products; Good Hair Ayurvedic Oil and Good Hair Ayurvedic Shampoo under ... read..

NSRCEL partners with Capgemini to support social startups
Bengaluru (Karnataka) | July 15, 2020 12:41:51 PM IST
NSRCEL, the startup hub at Indian Institute of Management Bangalore (IIM-B), has partnered with Capgemini in India to support social impact startups in the country's growing startup ecosystem. ... read..

Oberoi Realty posts Q4 PAT of Rs 251 crore, up from Rs 156 crore y-o-y
Mumbai (Maharashtra) | July 15, 2020 12:11:50 PM IST
Oberoi Realty Ltd has reported a consolidated profit after tax of Rs 251 crore in the quarter ended March as against Rs 156 crore in Q4 FY19. ... read..

Ambica Steels Limited deploys state-of-the-art fully automatic Ultrasonic Testing Line
| July 15, 2020 11:42:04 AM IST
New Delhi [India] July 15 (ANI/PRNewswire): Ultrasonic testing is one of the most necessary and important testing facilities required for any semi-finished or finished product manufacturer. ... read..

BMW Motorrad celebrates 40 years of BMW GS models. A concept that changed the motorcycle world
| July 15, 2020 11:42:01 AM IST
Munich [Germany]/Gurugram (Haryana) [India] July 15 (ANI/BusinessWire India): A motorcycle concept that is as legendary as it is sophisticated will celebrate its anniversary in 2020: The BMW GS models are turning 40. ... read..

Maruti Suzuki to proactively recall 1.3 lakh units of WagonR, Baleno
New Delhi | July 15, 2020 11:41:55 AM IST
Maruti Suzuki on Wednesday announced to voluntarily undertake a recall for WagonR (1 litre) manufactured between November 15, 2018, and October 15, 2019, and Baleno (petrol) manufactured between January 8, 2019, and November 4, 2019. ... read..

PSBs to purchase NBFC bonds/CPs worth Rs 14,667 cr under extended PCGS: FM Sitharaman
New Delhi | July 15, 2020 11:11:59 AM IST
Public sector banks have approved a plan for the purchase of bonds and commercial papers issued by 67 non-banking finance companies (NBFCs) amounting to Rs 14,667 crore under the extended Partial Credit Guarantee Scheme (PCGS), Union Finance Minister Nirm ... read..

Zydus begins human trials for potential COVID-19 vaccine
Ahmedabad (Gujarat) | July 15, 2020 11:11:48 AM IST
Pharmaceutical major Zydus on Wednesday started human clinical trials of its plasmid DNA vaccine ZyCoV-D -- a potential COVID-19 vaccine. ... read..

Prometheus School partners with ValidateMe for blockchain digital storage and verification
| July 15, 2020 10:41:57 AM IST
Noida (Uttar Pradesh) [India] July 15 (ANI/NewsVoir): Prometheus School, an IB candidate school in NCR announces its partnership with the digital platform ValidateMe (an initiative under Affidabile Solutions), to enable anytime access to student records. ... read..

Indibeam launches earning platform for writers across the country
| July 15, 2020 10:41:55 AM IST
Ahmedabad (Gujarat) [India] July 15 (ANI/NewsVoir): Ahmedabad-based young digital entrepreneur, Rahul Prajapati has created a platform to aspire the writers who want to read, write as well as want their posts to be shared across the world. ... read..

Equity indices trade higher, Reliance AGM in focus
Mumbai (Maharashtra) | July 15, 2020 10:41:53 AM IST
Equity benchmark indices traded over one per cent higher during early hours on Wednesday tracking positive global trends with gains led by IT and financials stocks. ... read..

US stocks rally as energy sector leads
New York | Wednesday, 2020 10:15:05 AM IST
US stocks ended noticeably higher as a broad rise in energy sector bolstered the market. ... read..

NCRM NICHE International Stem Cell meet is going virtual in 2020
| July 15, 2020 8:41:54 AM IST
Tokyo [Japan], July 15 (ANI/Mediawire): The XV edition of NCRM NICHE (, on Stem Cells and Regenerative Medicine, incorporating the exclusive, active knowledge gaining event, The Fujio Cup Quiz, conducted regularly since 2006 every Octobe ... read..

RIL PP now more valuable than Tata Steel, Grasim, Zee
New Delhi | Wednesday, 2020 4:45:05 AM IST
Shares of Reliance Industries' partly-paid (RIL PP) on Tuesday completed one month of trading and in this short period it has created 3.3 times value for investors. ... read..

Wipro buys Brazilian IT services firm for $22.4 mn (Ld)
Bengaluru | Wednesday, 2020 3:45:05 AM IST
Global software major Wipro on Tuesday said that it is acquiring Brazil-based IT consulting and services firm IVIA Servicos de Informatica Ltda for $22.4 million (Rs 168.9 crore). ... read..

BSNL employees union to protest against cancellation of 4G tender
New Delhi | Wednesday, 2020 3:15:06 AM IST
The employees union of state-run telecom operator BSNL will stage protests across the country on Thursday on a host of issues including the cancellation of its 4G tender and non-payment of salaries. ... read..

Repetition of Chinese "V-shaped" recovery in Indian PV industry ruled out: ICRA
New Delhi | Wednesday, 2020 3:15:06 AM IST
The repetition of a Chinese "V-shaped" recovery in the Indian passenger vehicle (PV) industry has been ruled out, rating agency ICRA said on Tuesday. ... read..

BEL to foray into airport business with AAI
Bengaluru | Wednesday, 2020 2:45:05 AM IST
State-run Bharat Electronics Ltd (BEL) on Tuesday entered into an agreement with the Airports Authority of India (AAI) to foray into global airport business, especially in the Asia-Pacific region. ... read..

US stocks open lower amid earnings reports
New York | Wednesday, 2020 2:15:05 AM IST
US stocks opened lower on Tuesday as investors digested a slew of newly-released earnings reports. ... read..

4-lane Gurugram-Mahendergarh road to cost Rs 4,500 cr
Gurugram | Wednesday, 2020 1:15:05 AM IST
Union Road Transport and Highways Minister Nitin Gadkari laid foundation stones for 11 road projects on Tuesday. ... read..

Walmart-led investors pump in $1.2 bn in Flipkart Group
Bengaluru | Tuesday, 2020 11:15:06 PM IST
A Walmart-led investor group on Tuesday pumped in an additional $1.2 billion into the ecommerce platform Flipkart Group to support its marketplace in the wake of the ongoing Covid-19 pandemic. ... read..

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