Sunday, September 20, 2020

Liquidity package: Rs 70,590 cr in loans sanctioned to discoms
New Delhi | Sunday, 2020 9:45:06 PM IST
Loans totalling Rs 70,590 crore have been sanctioned so far to power distribution companies (discom) out of the Rs 90,000-crore liquidity package announced by the Centre, Union Power Minister RK Singh told the Rajya Sabha on Sunday. ... read..

Amid 'ease of business' claims, going remains tough for MNCs
New Delhi | Sunday, 2020 9:45:06 PM IST
The Modi government has left no stone unturned in inviting foreign investors with claims of an improved business environment backed by unprecedented reforms in the past six years, but what many industry players face is a different story altogether. ... read..

5% custom duty on Open Cell from Oct 1 even as domestic TV manufacturing yet to pick pace
New Delhi | Sunday, 2020 8:45:06 PM IST
Government will put five per cent customs duty on Open Cell, a key component for television manufacturing, from October 1, 2020, as one year exemption given to it ends on September 30. ... read..

'Rosie: The Saffron Chapter': Mandiraa Entertainment's Prerna V Arora & Kussum Arora launch the intriguing first look posters of the horror-thriller
New Delhi | September 20, 2020 7:12:14 PM IST
Mandiraa Entertainment, headed by Prerna V Arora and Kussum Arora, has been going places. The two sisters have come up with some of the most exciting content of this year. ... read..

Business sentiments recover, weak demand continues: CII Survey
New Delhi | Sunday, 2020 5:15:06 PM IST
With the gradual lifting of the restrictions on economic activities across the country, business sentiments have recovered with the CII Business Confidence Index surging to 50.3 in the July-September period. ... read..

Bank of India to raise Rs 8,000 cr, gets shareholders' nod
Mumbai | Sunday, 2020 4:45:06 PM IST
Bank of India has received its shareholders approval to raise up to Rs 8,000 crore through several modes including equity shares. ... read..

'Rosie': Mandiraa Entertainment and Oberoi Mega Entertainment present the first look of Palak Tiwari & Vivek Oberoi
New Delhi | September 20, 2020 12:12:23 PM IST
Rosie - The Saffron Chapter is based on true events. Events that occurred in 2003; which means we were already in the digital age. Gurugram in India was already home to some of the biggest call centres. And this story happened in one such Call Center call ... read..

Hyderabad International Airport gets ACI health accreditation for safe travel
Hyderabad (Telangana) | September 20, 2020 11:42:15 AM IST
Amid COVID-19 pandemic, GMR-led Hyderabad International Airport has managed to get the Airport Council International's (ACI) Airport Health Accreditation (AHA). ... read..

Centre mulls closure of PSUs up for sale on case-to-case basis
New Delhi | Sunday, 2020 5:15:05 AM IST
The Union government may consider the closure of central public sector units (PSUs) even if they have been approved for strategic disinvestment on a case-to-case basis. ... read..

KVIC gets Flipkart, Amazon, Snapdeal to remove 160 fake Khadi products online
New Delhi | Sunday, 2020 3:45:06 AM IST
The Khadi and Village Industries Commission (KVIC) on Saturday said that it has forced e-commerce portals Amazon, Flipkart, Snapdeal and others to remove over 160 web links selling products under the brand name of 'Khadi'. ... read..

Net direct tax collection declines 31% in Apr-Aug FY21
New Delhi | Sunday, 2020 3:45:06 AM IST
The net direct tax collection in April-August period of the current fiscal was 31.1 per cent lower on year-on-year (YoY) basis at over Rs 1.92 lakh crore, according to data provided by Minister of State for Finance Anurag Thakur in Lok Sabha. ... read..

Air India employees receiving PF dues within 30-60 days
New Delhi | Sunday, 2020 3:45:05 AM IST
National carrier Air India has clarified that it had already deposited the TDS and the PF dues for superannuated employees which are being released within 30-60 days. ... read..

Telangana urges Centre to release Rs 1,434 cr dues
Hyderabad | Sunday, 2020 3:15:06 AM IST
The Telangana government has written to the Centre to urge for immediately release Rs 1,433.95 crore dues for urban development under the 15th Finance Commission. ... read..

No decision to discontinue printing Rs 2,000 notes: Govt
New Delhi | Sunday, 2020 3:15:05 AM IST
Although printing of Rs 2,000 denomination notes has been significantly lowered, the Centre has not decided to discontinue the high denomination notes. ... read..

'Cost optimisation of last mile delivery needed in e-commerce logistics'
New Delhi | Sunday, 2020 1:15:06 AM IST
Cost optimisation of last mile delivery is important in e-commerce logistics, according to a report by ClickPost. ... read..

GSTN unveils creative contest to bring taxpayers closer to tax system
New Delhi | Saturday, 2020 11:45:05 PM IST
In yet another attempt to bring taxpayers and tax authorities closer to each other by way of better understanding of the tax systems, the Goods and Services Tax Network (GSTN) has launched a creative contest namely "GST-n-You" that will allow people to co ... read..

Global effort begins again to stabilise oil prices, OPEC+ meet may be called in Oct
New Delhi | Saturday, 2020 9:15:06 PM IST
A bigger global effort to stabilise oil prices involving all major oil producers including Russia is again on the cards to see that the current crisis does not escalate further putting several oil producers closer to bankruptcies. ... read..

Diesel prices down 19-21 paise across metros
New Delhi | Saturday, 2020 9:15:06 PM IST
Diesel prices declined in the range of 19-21 paise across the four metropolitan cities on Saturday. ... read..

Extra financial burden on consumers due to PGCIL's inefficiency: CAG
New Delhi | Saturday, 2020 7:45:06 PM IST
In a scathing attack on inefficient operations of state transmission utility Power Grid Corporation of India, the official au ditor Comptroller and Auditor General (CAG) has put the blame of higher electricity tariff on PSUs inability to recover Rs 6,853. ... read..

Surcharge on dividend income for FPIs may be capped at 15%
New Delhi | Saturday, 2020 7:15:06 PM IST
In a major relief for foreign portfolio investors, the Union Government has proposed to cap the surcharge on dividend income from FPIs with a trust structure at 15 per cent. ... read..

No buyers for Air India may mean divestment to be put off
New Delhi | Saturday, 2020 7:15:06 PM IST
Air India is not finding any takers and the privatisation may be put off by three years, delivering a blow to the efforts to divest the national carrier. ... read..

Care downgrades Repco Home Finance's loan facilities, NCDs to AA-minus
Mumbai (Maharashtra) | September 19, 2020 6:12:20 PM IST
Care Ratings has revised the rating of Chennai-based Repco Home Finance's long-term loan facilities and non-convertible debentures worth Rs 1,620 crore to AA-minus with stable outlook from AA with negative outlook. ... read..

Brokerage industry's revenues expected to reach Rs 23,000 crore in FY21: ICRA
New Delhi | September 19, 2020 4:42:16 PM IST
With increasing retail investor activity and a surge in trading volumes, the domestic brokerage industry's aggregate revenues are expected to reach Rs 23,000 crore in the current financial year, marking a year-on-year growth of 10 to 12 per cent. ... read..

Soul is all that matters: The all-new BMW R 18 debuts in India
| September 19, 2020 3:42:18 PM IST
Gurugram (Haryana) [India], September 19 (ANI/BusinessWire India): BMW Motorrad India has launched the all-new BMW R 18 in the country, marking the brand's entry into the cruiser segment. ... read..

Festive season to provide temporary relief for auto makers: Ind-Ra
Mumbai (Maharashtra) | September 19, 2020 3:12:17 PM IST
The festive season demand for automobiles is expected to provide some relief to the industry over the next two-to-three months, India Ratings and Research (Ind-Ra) has said. ... read..

Pizza Hut calibrates future plans, expansion to continue (IANS Special)
New Delhi | Saturday, 2020 2:15:06 PM IST
Undeterred by Covid-19's economic impact, QSR major Pizza Hut India will continue to focus on expanding its presence, especially in the Tier-I cities. ... read..

Tamil Nadu partners with Coursera to upskill 50,000 unemployed youth during Covid-19
New Delhi | September 19, 2020 1:42:26 PM IST
Tamil Nadu Skill Development Corporation (TNSDC) has partnered with online learning platform Coursera to train 50,000 unemployed youth during the Covid-19 crisis. ... read..

Swift remediation is key to managing cyber risks: S&P
| September 19, 2020 12:42:25 PM IST
The key to cyber risk resilience is a combination of risk management actions -- both pre- and post-attack -- according to a report by S&P Global Ratings. ... read..

CCI approves Alstom's acquisition, sole control over Bombardier Transportation in India
New Delhi | September 19, 2020 12:12:20 PM IST
The Competition Commission of India (CCI) today approved Alstom SA's acquisition and sole control over Bombardier Transportation in India. ... read..

Aarti Life Science launches 'Yetocee D3' to fight against COVID-19
| September 19, 2020 12:12:16 PM IST
Mumbai (Maharashtra) [India] September 19 (ANI/PRNewswire): "A daily dose of Yetocee's essential nutrients can ward off disaster," said Vishwa Savla - CEO of Aarti Life Science. ... read..

US stocks drop on dampened market sentiment
New York | Saturday, 2020 11:45:05 AM IST
US stocks continued to drop as market sentiment was dampened by mixed economic data and geopolitical concerns. ... read..

RITES announces share buyback at Rs 265 per share
Gurugram (Haryana) | September 19, 2020 11:42:21 AM IST
The board of directors at government-owned RITES Ltd has approved buy-back of 96.98 lakh equity shares with a face value of Rs 10 each at Rs 265 per share, translating into the total buyback amount not exceeding Rs 257 crore. ... read..

Reliance Capital debt piles up to Rs 19,805 crore
Mumbai (Maharashtra) | September 19, 2020 11:12:30 AM IST
The financial debt of Anil Ambani-led Reliance Capital now works out to over Rs 19,805 crore. ... read..

Toshiba unveils its futuristic range of ULTIMATE 4K TVs; to be made available from 18th September
| September 19, 2020 10:42:19 AM IST
New Delhi [India] September 19 (ANI/PRNewswire): Toshiba, a symbol of Japanese quality and trust for the past 68 years across the globe, has launched 7 SKUs of its Premium UHD and Smart televisions range in India. ... read..

Bank of Baroda launches initiatives to improve tractor financing
New Delhi | Saturday, 2020 5:15:06 AM IST
The Bank of Baroda on Friday announced three new initiatives towards improving credit penetration in farm mechanisation. ... read..

SEBI steps to curb market volatility to continue till Oct 29
Mumbai | Saturday, 2020 4:15:05 AM IST
The Securities and Exchange Board of India (SEBI) has extended, till October 29, the enforcement of regulatory measures aimed to contain market volatility amid the coronavirus pandemic. ... read..

Drone insurance: IRDAI panel queries unlimited 3rd party liability
Chennai | Saturday, 2020 3:45:05 AM IST
The Indian insurance regulator's working group to look at insurance solutions for drones is not agreeable to the provision of unlimited third party liability as per the Motor Vehicles Act, 1988 for victims in accidents involving drones. ... read..

TRAI issues directions for tariff advertisements
New Delhi | Saturday, 2020 3:15:06 AM IST
In a bid to bring more transparency in telecom tariff advertisements, the Telecom Regulatory Authority of India (TRAI) on Friday issued fresh directions for advertisement of tariff plans by telecom operators. ... read..

Yield on govt securities moderated sharply in Q1: Fin Min report
New Delhi | Saturday, 2020 2:15:06 AM IST
The additional public expenditure on account of the Covid-19 pandemic has pushed up government borrowing during the April-June quarter with the Centre issuing dated securities aggregating to Rs 3,46,000 crore as against Rs 2,21,000 crore in Q1 of FY20, ac ... read..

No procurement from nations where Indian tenders prohibited: Govt
New Delhi | Saturday, 2020 2:15:05 AM IST
The Central government has barred companies from countries, which do not allow Indian companies to participate in their government procurement, from participating in any government procurement tenders in India. ... read..

Sensex sheds gains in last hour sell-off, finance stocks fall (Lead)
Mumbai | Friday, 2020 11:45:06 PM IST
The Indian stock market reversed all its gains made during the day in the last hour of trade to end in the red on Friday, with the BSE Sensex settling 134 points lower. ... read..

NBFC delinquencies could see up to 250 bps spike this fiscal
New Delhi | Friday, 2020 10:45:05 PM IST
The rapid increase in Covid-19 afflictions and intermittent lockdowns will increase asset quality challenges of non-banking financial companies (NBFCs), already grappling with the economic slowdown since last fiscal, Crisil Ratings said on Friday. ... read..

Angel Broking's IPO opens on Sep 22, price band set at Rs 305-306
Mumbai | Friday, 2020 10:15:05 PM IST
Retail broking house Angel Broking Limited will open its initial public offering (IPO) of equity shares on September 22, 2020. ... read..

Fin Min directs customs for strict scrutiny of imports to prevent FTA misuse
New Delhi | Friday, 2020 8:45:07 PM IST
Government has directed customs formations across the country for strict scrutiny of all imports from free trade agreement (FTA) countries to prevent entry of goods at concessional duty misusing the country of origin rules. ... read..

EBITDA margin of Print Media to shrink by 10% in FY21: Ind-Ra
Mumbai | Friday, 2020 8:15:07 PM IST
India Ratings and Research on Friday opined that the overall 'EBITDA' margin of print media players are likely to shrink 10 per cent on a year-on-year basis in FY21. ... read..

Kia Motors India launches its compact SUV Sonet
New Delhi | Friday, 2020 7:45:06 PM IST
Automobile manufacturer Kia Motors India on Friday launched its first-ever compact SUV "Sonet" in India. ... read..

Covid fallout: Fiscal deficit may rise to Rs 14.6L cr in FY21
New Delhi | Friday, 2020 7:45:06 PM IST
The gap between government's total income and expenditure is expected to balloon to Rs 14.6 lakh crore or 7.6 per cent of GDP in FY21 as economic disruptions are set for a long haul due to Covid-19 pandemic, brokerages analysing the deficit numbers said. ... read..

India Ratings gives 'negative' outlook for banking sector in 2HFY21
Mumbai | Friday, 2020 7:45:06 PM IST
India Ratings and Research has revised its outlook on the banking sector to 'negative' from 'stable' for 2HFY21. ... read..

SEBI tells MFs to put in place policy for trade execution, allocation
Mumbai | Friday, 2020 7:45:06 PM IST
The Securities and Exchange Board of India (SEBI) has made it mandatory for mutual fund houses to put in place a policy specifying the specific roles and responsibilities of various teams engaged in activities dealing with order placement, execution of or ... read..

Equity indices trim major initial gains, Sensex up 65 points
Mumbai | Friday, 2020 5:15:09 PM IST
The Indian stock market gave up major gains on Friday morning with the BSE Sensex trading just 65 points higher. ... read..

Boeing appoints new chief strategy officer
Washington | Friday, 2020 4:45:05 PM IST
American airplane giant Boeing has named B. Marc Allen as its new chief strategy officer and senior vice president for strategy and corporate development. ... read..

Despite crude on rebound, sharp cuts in fuel prices in India
New Delhi | Friday, 2020 4:15:05 PM IST
Petrol and diesel prices in the country have fallen sharply again even though global oil prices rebounded and rose over $43 a barrel, marking its fifth consecutive day of rise. ... read..

Venezuela hails record level of compliance' with OPEC+ deal
Caracas | Friday, 2020 3:45:07 PM IST
The OPEC+ cooperation agreement saw "a record level of compliance" in August, Venezuelan Oil Minister Tareck El Aissami said. ... read..

US stocks drop amid tech struggle
New York | Friday, 2020 12:45:07 PM IST
US stocks finished lower as shares of big tech names struggled, weighing on the market. ... read..

Equity indices trade higher, pharma stocks rally
Mumbai (Maharashtra) | September 18, 2020 10:42:20 AM IST
Equity benchmark indices traded higher during early hours on Friday amid mixed cues from their Asian peers. ... read..

India's first B2B online jewellery exhibition 'Jewellery & Gem Virtual Exhibition' concludes on a high note
| September 18, 2020 9:42:21 AM IST
Mumbai (Maharashtra)/New Delhi [India] September 18 (ANI/PRNewswire): Informa Markets in India (formerly UBM India), India's leading B2B exhibitions organizer in association with Jewellery NET, a B2B online community successfully concluded its first virtu ... read..

India's First: IGIA now sports dedicated private jet terminal (Ld)
New Delhi | Friday, 2020 5:15:06 AM IST
The national capital's Indira Gandhi International Airport (IGIA) has entered into an exclusive league of global airports which sports a dedicated terminal for private jets. ... read..

Rosen Law Firm files class action suit against HDFC Bank
New Delhi | Friday, 2020 4:15:06 AM IST
US-based Rosen Law Firm has filed a class action lawsuit against HDFC Bank, seeking to recover damages for the bank's investors under the US securities laws. ... read..

BSNL sources 53% of mobile network equipment from ZTE, Huawei
New Delhi | Friday, 2020 4:15:06 AM IST
At a time when concerns have been raised over equipment of Chinese origin in mobile networks and anti-China sentiments are on a high, the Centre on Thursday said that around 53.4 per cent of state-run BSNL's mobile network equipment comes from Chinese tec ... read..

India's First: IGIA now sports dedicated private jet terminal
New Delhi | Friday, 2020 3:45:06 AM IST
The national capital's Indira Gandhi International Airport (IGIA) has entered an exclusive league of global airports which sport a dedicated terminal for private jets. ... read..

Vistara: First airline to offer in-flight WiFi internet on B787-9
New Delhi | Friday, 2020 3:45:06 AM IST
Full-service airline Vistara will offer in-flight Wi-Fi internet connectivity onboard international flights operated on Boeing 787 from September 18. ... read..

Telcos directed to conduct security audit of networks
New Delhi | Friday, 2020 3:45:05 AM IST
The Department of Telecommunications (DoT) has asked telecom operators to conduct a special security audit of their networks by an external agency, Parliament was informed on Thursday. ... read..

SP Group slaps notice for damages against directors of Tata Sons
New Delhi | Friday, 2020 2:45:06 AM IST
The SP Group has slapped a notice for damages against the board members of Tata Sons, individually and collectively, questioning their ... read..

India Inc to raise more than Rs 50k crore from IPOs
New Delhi | Friday, 2020 2:45:06 AM IST
At least 80 companies are in the process to tap the primary market to raise approximately Rs 51,515 crore equity capital in FY 2020-21 with benchmark indices up by 50 per cent since March and IPO listings getting strong demand from the public. ... read..

Civil aviation sector on a steady growth trajectory: Puri
New Delhi | Thursday, 2020 10:45:05 PM IST
India's civil aviation sector is on a steady growth trajectory, Civil Aviation Minister Hardeep Singh Puri said on Thursday. ... read..

First investment advisor obtains SEBI licence in GIFT IFSC
Mumbai | Thursday, 2020 10:45:05 PM IST
Investment Advisory operations are all set to take off in India's first International Financial Services Centre (IFSC) at GIFT City, with capital markets regulator SEBI giving license to an impact investing firm to begin its operation in GIFT IFSC. ... read..

Sensex falls 323 points; finance, metal stocks plunge (Lead)
Mumbai | Thursday, 2020 10:15:06 PM IST
The key Indian equity indices slumped on Thursday with the BSE Sensex closing over 320 points. ... read..

Finmin wants auto cos to reduce costs, royalty payments rather than seek GST cuts
New Delhi | Thursday, 2020 10:15:06 PM IST
In a setback to the automobile industry looking for a reduction in GST rates to help tide over the present crisis, the finance ministry has said current taxes on the sector were lower than pre-GST times and the industry should rather look at reducing thei ... read..

Credit outlook moderately negative for gold jewellery retailers: Crisil
New Delhi | Thursday, 2020 10:15:06 PM IST
Slack demand, resulting in lower cash accrual, along with elevated inventory levels and curtailed bank finance, will lead to a moderately negative credit outlook for gold jewellery retailers this fiscal, Crisil Research said on Thursday. ... read..

Decade long payment default finally pushes ONGC out of Sudanese oilfield
New Delhi | Thursday, 2020 10:15:06 PM IST
After facing years of payment default, the country's largest oil and gas explorer Oil and Natural Gas Corporation has finally exited from Sudanese oilfields, relieving itself of yet another toxic overseas asset. ... read..

Oil Contango: Tanker rates rise even as dry bulk container fares drop
New Delhi | Thursday, 2020 9:45:06 PM IST
Even as Covid-19 pandemic has impacted the charter rates of dry bulk and containers carriers, those for oil tankers have actually risen, said Crisil Research on Thursday. ... read..

45% imported smartphone components came from China in FY20
New Delhi | Thursday, 2020 9:15:06 PM IST
As the government pushes for self reliance in the mobile phone and electronics industry with the clarion call for 'Atmanirbhar Bharat', data shows that over 45 per cent imports of smartphone components in the last financial year (FY 2019-20) came from Chi ... read..

Ashok Leyland bags order for 1,400 trucks
Chennai | Thursday, 2020 8:45:06 PM IST
Truck major Ashok Leyland Ltd. on Thursday said it has secured an order for 1,400 intermediate commercial vehicles (ICV) from a logistics start-up Procure Box. ... read..

Relief for Anil Ambani as SC dismisses SBI plea
New Delhi | Thursday, 2020 8:15:06 PM IST
The Supreme Court on Thursday dismissed a plea by the State Bank of India (SBI) seeking a vacation of the stay granted by Delhi High Court on personal bankruptcy proceedings against Anil Ambani, chairman of Reliance Group. ... read..

5 Indians among Top 25 venture capitalists in GCV Powerlist
New Delhi | Thursday, 2020 7:15:07 PM IST
Five Indians have found place among the world's top 25 venture capitalists who have been featured in the latest edition of the GCV Powerlist. ... read..

Petrol, diesel rates fall again as crude prices soften
New Delhi | Thursday, 2020 7:15:06 PM IST
Petrol and diesel prices in the country have fallen again in the wake of softening of global oil prices as an extended run of Covid-19 has depressed demand and created a glut in the market. ... read..

Bdiapers India launches India's first hybrid cloth diapers with disposable inserts
| September 17, 2020 7:12:39 PM IST
Bengaluru (Karnataka) [India], September 17 (ANI/BusinessWire India): India's 1st and only cloth diapers cover with chemical free disposable nappy pads. ... read..

UST Global CEO Krishna Sudheendra named by Glassdoor among Highest Rated Chief Executive Officers During the COVID-19 Times
| September 17, 2020 7:12:38 PM IST
Bengaluru (Karnataka) [India], September 17 (ANI/PRNewswire): UST Global, a leading digital transformation solutions company, is proud to announce that CEO Krishna Sudheendra has been named to the list of the 25 highest-rated CEOs during the COVID-19 cris ... read..

US restrictions on textile imports from China may augur well for India: ICRA
New Delhi | September 17, 2020 6:12:25 PM IST
The US move to impose restrictions on import of certain products originating from Xinjiang autonomous region in China could benefit Indian textile exporters, according to investment information firm ICRA. ... read..

Happiest Minds' shares debut at 111% premium of issue price
Mumbai | Thursday, 2020 5:45:06 PM IST
Happiest Minds Technologies recorded an impressive debut on the stock exchanges on Thursday as it got listed at Rs 351 per share on the BSE, with a premium of 111.4 per cent against the issue price of Rs 166 per share. ... read..

DIAL opens general aviation terminal for private jets
New Delhi | September 17, 2020 5:42:33 PM IST
Delhi International Airport Ltd (DIAL) on Thursday announced the launch of India's first exclusive general aviation terminal facility for private jets at Indira Gandhi International Airport (IGIA). ... read..

Equities in red, Sensex down over 100 points
Mumbai | Thursday, 2020 5:15:06 PM IST
The key Indian equity indices traded in the negative territory on Thursday morning with the BSE Sensex trading 139 points lower. ... read..

'The New Me', curated by Gagan Dhawan, will be launched on Amazon, Flipkart and Shopify
| September 17, 2020 5:12:44 PM IST
New Delhi [India], September 17 (ANI/PRNewswire): Gagan Dhawan created 'The New Me' health kit to monitor, guide, and transform one's mind, body, and soul. ... read..

HarperCollins India presents Narendra Modi's LETTERS TO MOTHER, translated from Gujarati by Bhawana Somaaya
| September 17, 2020 5:12:42 PM IST
New Delhi [India], September 17 (ANI/PRNewswire): Narendra Modi's LETTERS TO MOTHER ... read..

MIT Academy of Engineering introduces Bachelor's degree in Design, admissions open now
| September 17, 2020 5:12:33 PM IST
Pune (Maharashtra) [India], September 17 (ANI/NewsVoir): MIT-AOE, the top engineering college in Pune opens the doors for future engineers. ... read..

Tilaknagar Industries reports Rs. 270 crore profit after tax
| September 17, 2020 5:12:32 PM IST
Mumbai (Maharashtra) [India], September 17 (ANI/NewsVoir): Leading alcoholic beverage manufacturer, Tilaknagar Industries Limited has reported a profit after tax (PAT) of Rs 269.73 crore for the year ended March 31, 2020. ... read..

CSS Corp's Chief Executive Officer, Manish Tandon wins Gold Stevie
| September 17, 2020 5:12:30 PM IST
Bengaluru (Karnataka) [India], September 17 (ANI/BusinessWire India): CSS Corp, a new-age IT services and technology support company, today announced that its CEO, Manish Tandon, has won a Gold Stevie in The 17th Annual International Business Awards. ... read..

Naazneen Boocha is now Extentia's Chief Delivery Officer
| September 17, 2020 5:12:27 PM IST
Pune (Maharashtra) [India], September 17 (ANI/PRNewswire): Extentia Information Technology announced that Naazneen Boocha has moved to the position of Chief Delivery Officer (CDO). ... read..

L&T's construction arm secures order from Coal India-backed Northern Coalfields
Mumbai (Maharashtra) | September 17, 2020 5:12:25 PM IST
Infrastructure major Larsen & Toubro (L&T) said on Thursday its construction arm has secured an order from the Northern Coalfields which is a subsidiary of state-owned Coal India Ltd (CIL). ... read..

Resume wage revision talks: Confed to GIPSA
Chennai | Thursday, 2020 4:15:30 PM IST
With the wage agreement concluded in the banking sector, the National Confederation of General Insurance Officers' Associations (Confed) has urged the General Insurance Public Sector Association (GIPSA) to hold wage revision talks. ... read..

Equity gauges tumble amid weak global cues, banking and metal stocks crack
Mumbai (Maharashtra) | September 17, 2020 4:12:20 PM IST
Equity benchmark indices traded lower on Thursday on the back of weak global cues after the US Federal Reserve indicated that interest rate could stay close to zero for years. ... read..

Surat's Deputy Mayor Nirav Shah pledges to plant 70,000 trees on Prime Minister Narendra Modi's 70th birthday
| September 17, 2020 3:12:37 PM IST
Surat (Gujarat) [India] September 17 (ANI/PNN): India's most loved Prime Minister is turning 70 on September 17th, 2020 and to celebrate this, Surat's Deputy Mayor - Nirav Shah has pledged to plant 70,000 trees across the city and make the city pollution- ... read..

Govt asks auto industry to bring down costs for boosting sales
By Shailesh Yadav

New Delhi | September 17, 2020 3:12:21 PM IST
India's tax policy on automobiles has been quite consistent for the past three decades and the industry should strive for greater efficiency levels to bring down costs rather than expect tax cuts, government sources said on Thursday. ... read..

Global organisations join Mojaloop Foundation to advance financial inclusion
Massachusetts | September 17, 2020 3:12:15 PM IST
The Mojaloop Foundation said on Thursday that India's leading digital payments platform PhonePe and enterprise blockchain solution provider Ripple have joined as sponsor members, the highest level of the organisation. ... read..

Preventing COVID-19 is simple with Anion Detox
| September 17, 2020 3:12:14 PM IST
New Delhi [India] September 17 (ANI/Digpu): Even after several months since the COVID-19 pandemic hit the world, normalcy hasn't been resumed. Everyone wonders when the pandemic will settle while many companies from different countries have been perseveri ... read..

Indian smartphone users seek immersive audio experience during the lockdown, reveals CMR study
| September 17, 2020 2:42:10 PM IST
New Delhi [India] September 17 (ANI/NewsVoir): In the neo normal, working remotely and staying indoors has become the norm. This homebound work & leisure economy has led to a significant rise in online video content consumption by the populace. This, ... read..

Search My Office, a global office search company, launches in India
| September 17, 2020 1:42:24 PM IST
New Delhi [India] September 17 (ANI/NewsVoir): 'Search My Office' launches in the Indian market today. The company would help its client find office space especially in co-working spaces and business centres. Mostly all the team members are from co-workin ... read..

Asian finance and health ministers pledge support for universal health coverage
Manila | September 17, 2020 1:12:15 PM IST
More than 40 finance and health ministers and deputy ministers from across Asia and the Pacific on Thursday stressed the importance of universal health coverage (UHC) and the need for stronger collaboration to mobilise healthcare financing. ... read..

US stocks end mixed as tech shares lag
New York | Thursday, 2020 12:45:06 PM IST
US stocks closed mixed as tech shares struggled, weighing on the market. ... read..

PTC India Financial Services gets refund of Rs 115 cr from I-T dept, stock up 2.8 pc
Mumbai (Maharashtra) | September 17, 2020 12:42:17 PM IST
Shares of PTC India Financial Services (PFS) jumped 2.8 per cent on Thursday morning after the company said the Income Tax Department has processed its refund for assessment year 2019-20 of Rs 115.57 crore by releasing the amount to company. ... read..

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