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Ola to lay off 1,400 employees as COVID-19 crisis hits revenues |
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Bengaluru (Karnataka) | May 20, 2020 5:12:50 PM IST |
| Ride-sharing company Ola Cabs said on Wednesday it will lay off 1,400 of its employees due to business uncertainty caused by the coronavirus pandemic while the revenue has come down by 95 per cent in the past two months. ... read.. |
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Molinari Media PBC to launch FINTECH.TV-India |
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| May 20, 2020 5:12:45 PM IST |
| New Delhi [India]/New York [USA] May 20 (ANI/Digpu): Molinari Media PBC today announced that it is going to open its first international subsidiary office in Delhi, India. ... read.. |
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NCDEX to launch futures contract on Agridex |
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Mumbai (Maharashtra) | May 20, 2020 1:41:54 PM IST |
| The National Commodity and Derivatives Exchange (NCDEX) on Wednesday announced the beginning of trading in India's first agri futures index called NCDEX Agridex. ... read.. |
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Resulticks named to Gartner Magic Quadrant for fourth year in a row |
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| May 20, 2020 12:42:33 PM IST |
| Chennai (Tamil Nadu) [India]/New York [USA] May 20 (ANI/PRNewswire): Resulticks, the world's fastest-growing real-time conversation marketing cloud solutions provider, has been named by Gartner to the May 2020 Magic Quadrant for Multichannel Marketing Hub ... read.. |
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Infosys partners with Rhode Island in fight against COVID-19 |
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Rhode Island | May 20, 2020 12:42:06 PM IST |
| Infosys is partnering with Rhode Island in launching a privacy-first contact tracing solution to help people and state officials slow the spread of coronavirus as part of the state's effort to safely reopen businesses while reducing occurrences of communi ... read.. |
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Mother Dairy helps maintain supply chain in Vidarbha, Marathwada |
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New Delhi | Wednesday, 2020 3:45:05 AM IST |
| Mother Dairy, a wholly owned subsidiary of the National Dairy Development Board (NDDB), has contributed in stabilising the dairy supply chain in Vidarbha and Marathwada region amid the nationwide lockdown to fight the Covid-19 pandemic, a statement issued ... read.. |
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Swiftly implement stimulus to benefit NBFCs: India Ratings |
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Mumbai | Wednesday, 2020 2:45:06 AM IST |
| Ratings agency India Ratings and Research on Tuesday said the ironing out of operational challenges and speedy implementation of the stimulus would be key to benefiting non-banking financial companies (NBFCs) and micro, small and medium enterprises (MSMEs ... read.. |
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SBI employees contribute additional Rs 7.95 cr to PM-CARES Fund |
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Mumbai | Tuesday, 2020 10:45:06 PM IST |
| In battle against the COVID-19 crisis, employees of the country's largest lender, State Bank of India (SBI) have decided to contribute an additional amount of Rs 7.95 crore to the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM- ... read.. |
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Giving free debt will hurt India: Oxford prof on COVID-19 bailout |
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New Delhi | Tuesday, 2020 10:45:06 PM IST |
| The Indian governments plan is effectively to make free debt available to companies which is not a good idea, said University of Oxford Professor and Masters Union Master, Karthik Ramanna while making his observations on the country's Rs 20 lakh crore bai ... read.. |
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OYO prepares for 'new normal' post Covid-19 outbreak |
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New Delhi | Tuesday, 2020 10:15:06 PM IST |
| Hospitality major OYO on Tuesday said it is taking new and innovative measures to meet the new standards of good quality travel and hospitality experience and operate around circumstances that have become 'new normal', post the Covid-19 outbreak. ... read.. |
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Govt may raise FDI cap in insurance companies to 74% (IANS Special) |
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New Delhi | Tuesday, 2020 9:45:06 PM IST |
| In yet another big reform initiative aimed at bringing more capital into the insurance business, the government may soon open the sector to 74 per cent foreign direct investment (FDI) under the approval route to bring parity with the banking sector. ... read.. |
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India's first paranormal helpline receives over 10 calls daily |
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| May 19, 2020 6:41:47 PM IST |
| New Delhi [India], May 19 (ANI/Digpu): Quarantine life in the time of COVID-19 pandemic is giving a variety of experiences to people. But, for a 23-year-old girl living alone in a flat in Kandivali, Mumbai the experience is quite haunting. Locked down alo ... read.. |
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Buses return on Telangana roads after 58 days |
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Hyderabad | Tuesday, 2020 5:45:06 PM IST |
| After a gap of nearly two months, buses returned to the roads in Telangana on Tuesday with the state government relaxing the lockdown norms to allow resumption of bus services. ... read.. |
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Major US automakers resume production |
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Washington | Tuesday, 2020 4:45:05 PM IST |
| Three major US automakers, General Motors (GM), Ford and Fiat Chrysler (FCA), have resumed production of vehicles with the return of employees to work in the states of Michigan and Ohio. ... read.. |
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Thomas Goode & Co set for luxury refurbishment |
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| May 19, 2020 4:11:41 PM IST |
| London [UK]/Mumbai (Maharashtra) [India], May 19 (ANI/PRNewswire): The luxury tableware retailer Thomas Goode & Co's flagship Mayfair store is set to be part of a multi-million pound refurbishment by the building's owner, Cain International. ... read.. |
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MPL launches India's first indigenous shooter game Rogue Heist |
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| May 19, 2020 3:41:45 PM IST |
| Bengaluru (Karnataka) [India] May 19 (ANI/NewsVoir): India's largest mobile gaming platform Mobile Premier League (MPL) has partnered with Mumbai-based game developer Lifelike Studios to launch Rogue Heist, India's first indigenous multi-player online sho ... read.. |
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Haryana seeks interstate movement of buses |
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Chandigarh | Tuesday, 2020 3:15:06 PM IST |
| After starting intrastate movement, Haryana has now sought the consent of the neighbouring states to restart the interstate bus service, an official said on Tuesday. ... read.. |
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L&T Technology Services reports 11 per cent revenue growth in FY20 |
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| May 19, 2020 11:11:47 AM IST |
| Mumbai (Maharashtra)/New Delhi [India] May 19 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Axis Bank Limited (Axis Bank) on acquisition of up to 30 per cent stake in Max Life Insurance Company Limited (Max Life) from Max Financial Services Limited (M ... read.. |
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Sri Balaji University Pune announces admissions 2020 to go online |
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| May 19, 2020 11:11:46 AM IST |
| New Delhi [India] May 19 (ANI/Digpu): The upsurge in the global pandemic of COVID 19 has heavily impacted the admissions cycle for the year 2020. Due to this crisis, Sri Balaji University has announced that the admissions for the year 2020 will be taking ... read.. |
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KEC International bags new contracts worth Rs 1,203 crore |
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Mumbai (Maharashtra) | May 19, 2020 10:41:39 AM IST |
| Infrastructure major KEC International said on Tuesday it has secured new orders of Rs 1,203 crore across various businesses.The transmission and distribution business along with SAE Towers bagged orders of Rs 917 crore for projects in India, Bangladesh, ... read.. |
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Canara Bank unveils gold loan scheme |
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Bengaluru | Tuesday, 2020 5:15:05 AM IST |
| State-run Canara Bank has unveiled a special gold loan scheme for diverse sectors with lower interest rate to overcome the financial fallout of the coronavirus pandemic, an official said on Monday. ... read.. |
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CAIT seeks revised economic package in support of traders |
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New Delhi | Monday, 2020 10:15:06 PM IST |
| Registering its displeasure over no stimulus for the trading community, the Confederation of All India Traders (CAIT) has asked Finance Minister Nirmala Sitharaman to reconsider the economic package and announce measures to support the trading community. ... read.. |
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Punjab undertakes labour-intensive jobs amid pandemic |
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Chandigarh | Monday, 2020 8:45:06 PM IST |
| Even as the state gets ready to utilise the additional allocation to MGNREGS to help the rural poor by creating livelihoods and assets, Chief Minister Amarinder Singh on Monday said the state has undertaken significant labour-intensive works in the villag ... read.. |
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Major losses for Kashmir's apple industry during lockdown |
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Srinagar | Monday, 2020 8:15:06 PM IST |
| Kashmir's apple industry is facing a major crisis. The lockdown following the abrogation of article 370 last year was a huge setback and then early snowfall that destroyed the apple orchards, and now the coronavirus lockdown that has broken the supply cha ... read.. |
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Sops suggested to revive tourism in UP in corona times |
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Lucknow | Monday, 2020 8:15:06 PM IST |
| Uttar Pradesh Director General (DG) of Tourism, Ravi Kumar N.G., has mooted a proposal under which the state government would pay 50 per cent of the salary of, at least, half of the employees working in the government run hotels, resorts and restaurants, ... read.. |
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Cement dealers staring at 30% demand contraction |
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New Delhi | Monday, 2020 7:45:06 PM IST |
| Cement dealers across the country expect a significant slackening in sales, elongated credit period to retailers, and higher working capital needs in the wake of the Covid-19 pandemic this fiscal, a survey on the sector has said. ... read.. |
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Consolidation in public sector oil firms back on table |
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New Delhi | Monday, 2020 7:45:06 PM IST |
| Government may revive plan for further consolidation in the public sector oil companies by allowing mergers between producing, marketing gas transportation and consultancy companies leaving just few large integrated entities in operation. ... read.. |
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CMFRI for use of Rs 20,000 cr package to reform fisheries sector |
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Kochi | Monday, 2020 7:45:05 PM IST |
| The Central Marine Fisheries Research Institute (CMFRI) here on Monday said that priority should be given to boost infrastructure for fisheries while utilising a financial package of Rs 20,000 crore announced by the Centre under the ongoing Matsya Samapad ... read.. |
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Announce revised comprehensive fiscal stimulus: Chidambaram |
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New Delhi | Monday, 2020 7:15:05 PM IST |
| After the central government announced five tranches of the economic package, former Union Finance Minister P. Chidambaram has expressed "thorough disappointment" and has requested the government to reconsider the stimulus package and announce a revised a ... read.. |
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Luxury consumers to indulge in home design and furniture curation |
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| May 18, 2020 6:41:55 PM IST |
| Mumbai (Maharashtra) [India], May 18 (ANI/NewsVoir): According to Vita Moderna, a luxury furniture and interior design brand, the average luxury seeking consumer has developed requirements after spending a fair time in the comfort of their homes and for s ... read.. |
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Fiona Diamonds honours corona warriors |
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| May 18, 2020 6:41:53 PM IST |
| Mumbai (Maharashtra) [India], May 18 (ANI/NewsVoir): Fiona Diamonds campaign "Real Heroes - Real diamonds of India" appreciates and expresses gratitude as a society to the true heroes of the coronavirus battle. ... read.. |
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ITC Savlon launches hand sanitiser priced less than a cent |
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| May 18, 2020 6:41:52 PM IST |
| New Delhi [India], May 18 (ANI/PRNewswire): As the world braces to witness the new normal, hand hygiene is emerging as a global priority. The awareness of hand hygiene and the need is now a well-established conversation but often access to hand hygiene be ... read.. |
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