Monday, May 25, 2020
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BUSINESS

PayU launches initiative to support residential societies collect dues amidst COVID-19 pandemic
| May 18, 2020 4:42:01 PM IST
New Delhi [India], May 18 (ANI/PRNewswire): PayU, India's leading payment gateway, has launched an initiative to help residential societies and its residents to collect and transfer their dues online amidst COVID-19 pandemic. ... read..


88 Nobel laureates and world leaders call for USD 1 trillion to protect the world's children in the COVID-19 era
| May 18, 2020 4:42:00 PM IST
New Delhi [India], May 18 (ANI/PRNewswire): Today, 88 Nobel laureates and world leaders, as part of Laureates and Leaders for Children, issued a statement calling for the world's governments to unite and prioritise the world's children during their lockdo ... read..


The only company to manufacture its products from solid wood - Saraf Furniture
| May 18, 2020 4:41:58 PM IST
Sardarshahar (Rajasthan) [India], May 18 (ANI/BusinessWire India): Furniture holds an essential place in every home. The basic items like bed, chairs, wardrobe, etc. are common in every household, but for few, they are a part of status, an additional acce ... read..


Streamin' Music Group now officially launched in India, releases EP
| May 18, 2020 4:41:52 PM IST
New Delhi [India], May 18 (ANI/NewsVoir): Amid coronavirus and lockdown stress, there is good news for the music lovers. Streamin' Music Group (SMG), a record label founded by Keshav Bhardwaj (Klipr) has been officially launched in India today with New De ... read..


Sensex slips over 700 points, Nifty below 9,000
Mumbai | Monday, 2020 4:15:06 PM IST
The key Indian equity indices plunged on Monday with the BSE Sensex falling over 700 points. The Nifty50 on the National Stock Exchange (NSE) also fell over 200 points, below the psychological 9,000 mark. ... read..


Sensex plunges 1,069 points, banking and financial stocks hit badly
Mumbai (Maharashtra) | May 18, 2020 4:11:38 PM IST
Equity benchmark indices extended early losses and closed 3.4 per cent lower on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus (COVID-19) pandemic. ... read..


Microsoft to invest $75mn in creating 1,500 jobs in AI, Cloud
San Francisco | Monday, 2020 3:15:05 PM IST
Tech giant Microsoft has announced to invest $75 million to build a new office at Atlanta, Georgia, by next year that will create 1,500 new jobs in the Artificial Intelligence (AI) and Cloud space. ... read..


Hyderabad based food tech company Laalsa gets USD 1 million in funding and eyes on expanding Pan India
| May 18, 2020 2:41:55 PM IST
Hyderabad (Telangana) [India], May 18 (ANI/BusinessWire India): Hyderabad based food technology company, Laalsa started its operations a couple of years ago, intending to bring in an innovative digital-platform to the overly competitive, online food-order ... read..


TiE Mumbai hosts multiple webinars to help startups deal with COVID-19
| May 18, 2020 2:41:46 PM IST
Mumbai (Maharashtra) [India], May 18 (ANI/NewsVoir): TiE Mumbai has recently organized a series of webinars enabling Startups to remotely connect with mentors and experts. ... read..


Schaeffler India supports fight against COVID-19 pandemic
| May 18, 2020 2:41:43 PM IST
Pune (Maharashtra) [India], May 18 (ANI/NewsVoir): Schaeffler India, leading industrial and automotive supplier today, shared the details of the company's contribution towards fighting the ongoing COVID-19 pandemic. ... read..


Canara Bank launches gold loan business vertical to ease liquidity
New Delhi | May 18, 2020 2:11:41 PM IST
Public sector Canara Bank said on Monday it has launched a business vertical dedicated for gold loans to meet emerging financial needs of customers in view of the current challenges and uncertainties. ... read..


Devita Saraf enlightens entrepreneurs on keeping the josh during lockdown
| May 18, 2020 8:11:36 PM IST
Mumbai (Maharashtra) [India], May 18 (ANI/VU Technologies): Around four months ago we were introduced to a strange virus named COVID-19, much to our dismay that most pieces of the world should undergo lockdown and billons of lives and organizations worth ... read..


Intellect launches iTurmeric FinCloud; will deliver offerings through IBM's financial services-ready public cloud
| May 18, 2020 12:41:53 PM IST
Chennai (Tamil Nadu) [India], May 18 (ANI/PRNewswire): Intellect Design Arena Ltd, a global leader and the world's first full-spectrum banking and insurance products company, introduced iTurmeric FinCloud - its future-ready, cloud-ready, API-first, micros ... read..


Call for engineering and technology difference-makers across India to come forward
| May 18, 2020 12:41:45 PM IST
Bengaluru (Karnataka) [India], May 18 (ANI/NewsVoir): As 2020 highlights engineers and technologists on the global stage more so than ever, where their solutions to world problems and global emergencies means they are making a difference. ... read..


57 pc passengers planning bus travel within a month after lockdown ends: Survey
Bengaluru (Karnataka) | May 18, 2020 12:41:38 PM IST
A large number of people in India are planning inter-city bus travel within a month of the lifting of travel restrictions, according to a randomised online survey of over 10,300 customers of redBus, India's largest online bus ticketing platform. ... read..


Dairy products output to grow 10 pc to Rs 2.83 lakh crore in FY21: Ind-Ra
Mumbai (Maharashtra) | May 18, 2020 12:11:39 PM IST
The manufactured dairy products output is estimated to grow 10 per cent to Rs 2.83 lakh crore in the current financial year from Rs 2.56 lakh crore in FY20 as households continue to drive the consumption of milk and milk products, India Ratings and Resear ... read..


Japan's economy in recession, Q1 GDP shrinks annualised 3.4 pc
Tokyo | May 18, 2020 11:11:39 AM IST
Japan's economy contracted an annualised 3.4 per cent during the January to March quarter as coronavirus pandemic continues to have a significant impact, according to government data released on Monday. ... read..


Equity indices slip 2 pc on lockdown extension, Nifty bank down 4.5 pc
Mumbai (Maharashtra) | May 18, 2020 10:41:43 AM IST
Equity benchmark indices traded in the negative territory during early hours on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus (COVID-19) pandemic. ... read..


Hike FRBM limit without preconditions, Telangana urges Centre
Hyderabad | Monday, 2020 5:15:05 AM IST
Telangana on Sunday urged the Centre to allow it to borrow at 5% of Fiscal Responsibility and Budget Management (FRBM) limit without preconditions and defer the linking of reforms to increased borrowing limits. ... read..


Treat apparel export industry at par with MSMEs, says APEC
New Delhi | Monday, 2020 3:45:05 AM IST
As the apparel industry suffers the severe onslaught of Covid-19 pandemic, the Apparel Export Promotion Council (APEC) has approached Prime Minister Narendra Modi for the government's intervention to treat the labour-intensive sector at par with the MSME ... read..


Etailers welcome move to allow non-essential sales in red zones
New Delhi | Monday, 2020 3:45:05 AM IST
Ecommerce players on Sunday welcomed the government's decision to allow the delivery of non-essential items in the red zones across the country. ... read..


E-learning players hail Centre's e-VIDYA initiative
New Delhi | Monday, 2020 3:45:05 AM IST
E-learning platforms have lauded the Finance Minister Nirmala Sitharaman's announcement of the 'Pradhan Mantri e-VIDYA' initiative for digital education which would include online teaching, TV channels, radio and podcasts. ... read..


6 OPPO workers test Covid-19 positive at G Noida factory, ops shut (Lead)
Noida | Monday, 2020 3:15:05 AM IST
At least six workers at the Greater Noida factory of Chinese smartphone brand OPPO have been found corona positive, leading to all operations being suspended till further notice, reliable company sources told IANS on Sunday. ... read..


Retailers upset over no govt support, warn of business closures (Lead)
New Delhi | Monday, 2020 2:15:05 AM IST
Finance Minister Nirmala Sitharaman may have announced all relief and reform measures as part of the Rs 20 lakh crore economic package to tide over the coronavirus crisis, but a major segment of the economy - the retailers and the trading community -- are ... read..


Hotel, restaurant players displeased with package, seek urgent support
New Delhi | Monday, 2020 1:45:05 AM IST
The hospitality sector and restaurants have been among the worst hit due to the pandemic and the nationwide lockdown, but to their displeasure, there was nothing specific for the sectors in the mega economic package announced by Finance Minister Nirmala ... read..


Tomar hails increase in MGNREGS allocation
New Delhi | Monday, 2020 1:15:06 AM IST
Union Minister for Agriculture and Farmers Welfare Narendra Singh Tomar on Sunday welcomed the 65 per cent increase in MGNREGS allocations to provide jobs to migrant labourers returning to their homes in rural areas amid the coronavirus crisis. ... read..


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