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Headline
Need growth with focus on lives, livelihood: CII President Kotak
New Delhi, June 4 (IANS) Newly appointed CII President Uday Kotak on Thursday said as the coronavirus pandemic has changed the status quo of the world, the corporate sector now needs to focus on managing growth, lives and livelihoods while considering the challenges associated with life after the pandemic.
2020-06-04
Category: India, Delhi,Business/Economy
Bank NPAs May rise to 11.6% by March 2021: ICRA
New Delhi, June 4 (IANS) Ratings agency ICRA on Thursday estimated that bank's Gross NPAs will rise to 11.3-11.6 per cent by March 2021.
2020-06-04
Category: India, Delhi,Business/Economy
Instagram partners Swiggy, Zomato to help small restaurants
New Delhi, June 4 (IANS) Facebook-owned Instagram on Thursday announced its partnership with online food delivery platforms Swiggy and Zomato to support small businesses in India during the Covid-19 crisis.
2020-06-04
Category: India, Delhi,Business/Economy,Lifestyle/Fashion,Health/Medicine
Production of bikes, cars begins in Rajasthan in unlock-1
Jaipur, June 4 (IANS) With the start of unlock phase-1, the economic activities suspended so far in Rajasthan due to the Covid-19 lockdown have resumed.
2020-06-04
Category: India, Rajasthan,Business/Economy
Lockdown has flattened GDP curve not Covid's: Bajaj to Rahul
New Delhi, June 4 (IANS) Rajiv Bajaj has said that the nationwide lockdown implemented to curb the spread of the Covid pandemic has decimated the economy "You flattened the wrong curve. It is not the infection curve, it is the GDP curve. This is what we have ended (up) with, the worst of both worlds."
2020-06-04
Category: India, Delhi,National,Business/Economy,Health/Medicine,Politics
BSE invites investors' claims against Grovalue Securities
New Delhi, June 3 (IANS) BSE Limited has invited claims from investors against two
2020-06-03
Category: India, Delhi,Business/Economy
Goa to set up telecom task force on network, connectivity issues
Panaji, June 3 (IANS) The Goa government on Wednesday announced the setting up of a task force for increasing efficiency in the telecommunication sector, including dealing with network and Internet connectivity issues which have been plaguing the state, especially industry and businesses in Goa.
2020-06-03
Category: India, Goa,National,Business/Economy
EESL, GAIL India sign MoU for 'trigeneration' projects
New Delhi, June 3 (IANS) Natural gas company GAIL India and Energy Efficiency Services (EESL) signed a memorandum of understanding (MoU), here on Wednesday, for development of 'trigeneration' projects in India.
2020-06-03
Category: India, Delhi,National,Business/Economy
Survey shows large-scale job losses, lower food intake amid lockdown
New Delhi, June 3 (IANS) A survey conducted by the Azim Premji University has shown heavy job losses for informal and migrant workers in the four states of Bihar, Jharkhand, Odisha and Madhya Pradesh due to the lockdown.
2020-06-03
Category: India, Delhi,National,Business/Economy,Health/Medicine
Slow easing of lockdowns better for global supply chains: Study
London, June 3 (IANS) A cautious approach to easing lockdown restrictions that reduces the risk of later lockdowns may be better for the global supply chain in the long run, say researchers.
2020-06-03
Category: International, United Kingdom,National,Technology,Business/Economy
Trawlers to keep off Kerala coast as 52-day ban begins June 9
Thiruvananthapuram, June 3 (IANS) Starting June 9 midnight around 5,000 fishing trawlers will have to keep 12 nautical miles away from the Kerala coast as the 52-day-long trawling ban will come into effect.
2020-06-03
Category: India, Kerala,National,Environment/Wildlife,Business/Economy
Adobe hires Nitin Singhal to head India Digital Experience business
New Delhi, June 3 (IANS) Software major Adobe on Tuesday appointed Salesforce senior executive Nitin Singhal as its Head of Digital Experience Business for India.
2020-06-03
Category: India, Delhi,Business/Economy,Technology
Govt transfers Rs 53,000 Cr under PMGKP till June 2
New Delhi, June 3 (IANS) Around 42 crore beneficiaries have been directly given cash support through Direct Benefit Transfer (DBT) amounting to Rs 53,248 crores under the Pradhan Mantri Garib Kalyan Package (PMGKP) till June 2, the Finance Ministry said in a statement on Wednesday.
2020-06-03
Category: India, Delhi,Business/Economy
NPCI denies data breach of BHIM mobile app
New Delhi, June 2 (IANS) The National Payments Corporation of India (NPCI) on Tuesday said that there has been no data compromise pertaining to the BHIM App and has requested everyone not to fall prey to such incorrect information.
2020-06-02
Category: India, Delhi,Business/Economy,Technology
PropShare Capital raises Rs 80 cr for its Covid-19 distressed fund
New Delhi, June 2 (IANS) Tech-enabled commercial real estate investment platform PropShare Capital on Tuesday said that it completed funding for its first Covid-19 Distressed Opportunities PMS offering (PDOF I), raising Rs 80 crore from over 150 investors.
2020-06-02
Category: India, Delhi,Business/Economy
KCR writes to PM to withdraw proposed Electricity Bill
Hyderabad, June 2 (IANS) Telangana Chief Minister K. Chandrasekhar Rao on Tuesday urged the Centre to withdraw the proposed draft electricity amendment bill, saying this is neither in the public interest nor in the interest of state power utilities.
2020-06-02
Category: India, Andhra Pradesh,National,Business/Economy,Politics
It's 'criminal' not to give cash support to MSMEs: Rahul
New Delhi, June 2 (IANS) A day after the definition of micro, small and medium enterprises (MSMEs) was widened, Congress leader Rahul Gandhi on Tuesday said that one third of the MSMEs in India are closing down permanently and it would be criminal not to support them with cash.
2020-06-02
Category: India, Delhi,National,Business/Economy,Politics
HipBar begins home delivery of alcoholic beverages in Odisha
Bhubaneswar, June 2 (IANS) HipBar, a specialised alcoholic beverages delivery app, has started home delivery services in Odisha.
2020-06-02
Category: India, Orissa,Business/Economy
Expect current season's sugar output at 270 lakh tonnes: ISMA
New Delhi, June 2 (IANS) Apex sugar industry body, the India Sugar Mills Association expects sugar output in the current sugar season 2019-20 (October-September) at 270 lakh tonnes as 18 mills are still in operation while the production till May 31 was 268.21 lakh tonnes against 327.53 lakh tonnes in the same time last year.
2020-06-02
Category: India, Delhi,Business/Economy
IndiGo posts Rs 870.8 cr Q4 net loss, 1st ever FY net loss (Ld)
Mumbai, June 2 (IANS) Covid-19 battered airline major IndiGo on Tuesday reported a net loss of over Rs 870 crore for the fourth quarter of 2019-20.
2020-06-02
Category: India, Maharashtra,Business/Economy
Delhi-Amritsar-Katra expressway is now greenfield project
Chandigarh, June 2 (IANS) The Centre on Tuesday agreed to convert the stretch of Delhi-Amritsar-Katra expressway into a greenfield project by providing a direct spur from Nakodar, onward to the five historic towns of Punjab -- Sultanpur Lodhi, Goindwal Sahib, Khadoor Sahib and Tarn Taran, leading up to Amritsar.
2020-06-02
Category: India, Punjab,Business/Economy
With policy changes, Indian hand sanitiser makers view export markets
Chennai, June 2 (IANS) Alcohol-based hand sanitiser makers are happy with the Central government's decision to allow its export in containers without pump dispensers.
2020-06-02
Category: India, Tamil Nadu,National,Business/Economy,Health/Medicine
Covid-19 to push 64% Indian firms adopt cloud computing: IDC
New Delhi, June 2 (IANS) As a result of the spread of the pandemic, 64 per cent of the organisations in India are expected to increase demand for cloud computing while 56 per cent for cloud software to support the new normal, a new IDC report said on Tuesday.
2020-06-02
Category: India, Delhi,Business/Economy,Technology
High demand for Safal's fruits, vegetables helps Mother Dairy amid lockdown (IANS Special)
New Delhi, June 2 (IANS) The demand for Mother Dairy milk reduced during the lockdown amid the coronavirus scare though the demand for fruits and vegetables sold by Safal, its retail network in the segment, increased by 69 per cent in May compared with February, a top official said on Tuesday.
2020-06-02
Category: India, Delhi,Business/Economy
Renewables cheapest option to recover from Covid-19: IRENA
New Delhi, June 2 (IANS) Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) published on Tuesday said.
2020-06-02
Category: India, Delhi,Business/Economy
Moody's India rating a step above junk, worst to come: Rahul
New Delhi, June 2 (IANS) A day after global credit ratings agency Moody's Investors Services downgraded India's sovereign ratings as it sees challenges piled up on the country's policy making institutions to mitigate the risks of a sustained period of relatively low growth, Congress leader Rahul Gandhi has said the worst is yet to come as the government has not supported the poor and the MSME sector.
2020-06-02
Category: India, Delhi,National,Business/Economy,Politics
NTPC to appoint professional CEO for distribution biz
New Delhi, June 2 (IANS) NTPC, the country's largest electricity generator, has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray.
2020-06-02
Category: India, Delhi,Business/Economy
HP Inc to launch affordable 'Always Connected' PCs in India this month
New Delhi, June 2 (IANS) PC and printer major HP Inc is gearing up to launch affordable Always Connected PCs, which currently come with a price tag of Rs 1 lakh and above, for the mid-segment mainstream users this month.
2020-06-02
Category: India, Delhi,Business/Economy,Technology
We will get our growth back: Modi to India Inc
New Delhi, June 2 (IANS) Showing confidence in the Indian economy and the recent measures announced by the government, Prime Minister Narendra Modi on Tuesday said that India will be back on its growth track soon, post the severe jolt due to the coronavirus pandemic.
2020-06-02
Category: India, Delhi,Business/Economy,Politics
Social Stock Exchange to be created where NGOs can list
New Delhi, June 1 (IANS) Non-profit organisations can directly list on Social Stock Exchange (SSE) through issuance of bonds, according to a report by a SEBI expert group.
2020-06-01
Category: India, Delhi,Business/Economy
Auto sector's domestic sales still at historic lows, exports down
New Delhi/Mumbai, June 1 (IANS) The sales of India's Covid-19-battered automobile companies in May remained at historic low levels, as factories came back to life and dealerships opened up, but customers stayed away.
2020-06-01
Category: India, Delhi,Business/Economy
Special drive to provide KCCs to 1.5 cr dairy farmers launched
New Delhi, June 1 (IANS) The government has launched a two month special drive, in mission mode, for providing Kisan Credit Cards (KCC) to 1.5 crore dairy farmers belonging to milk unions and milk producing companies, an official statement said on Monday.
2020-06-01
Category: India, Delhi,Business/Economy
Young state Telangana torchbearer of development: Industry leaders
Hyderabad, June 1 (IANS) Telangana has become the torchbearer of development in the country, said the industry leaders and representatives from industry bodies on the eve of the state formation day.
2020-06-01
Category: India, Andhra Pradesh,Business/Economy
Moody's downgrades India's sovereign rating
New Delhi, June 1 (IANS) Global credit ratings agency Moody's Investors Services on Monday downgraded India's sovereign ratings as it sees challenges piled up on the country's policymaking institutions to mitigate the risks of a sustained period of relatively low growth.
2020-06-01
Category: India, Delhi,Business/Economy
RIL rights issue oversubscribed 1.1 times with two days to go
New Delhi, June 1 (IANS) The RIL rights issue has got oversubscribed 1.1 times with two more days to go.
2020-06-01
Category: India, Delhi,Business/Economy
Tata Power takes over management of CESU in Odisha
Bhubaneswar, June 1 (IANS) Tata Power on Monday announced that it has taken over the management of Central Electricity Supply Utility (CESU) of Odisha.
2020-06-01
Category: India, Orissa,Business/Economy
Centre launches finance scheme for street vendors
New Delhi, June 1 (IANS) The Ministry of Housing and Urban Affairs on Monday launched a special micro-credit facility plan to provide affordable loans of up to Rs 10,000 to street vendors across the country.
2020-06-01
Category: India, Delhi,Business/Economy,Politics
Paytm Mall moves ops from Noida to Bengaluru, to hire 300
Noida, June 1 (IANS) E-commerce platform Paytm Mall, owned by Paytm Ecommerce Private Ltd, on Monday announced to move its operations from Noida to Bengaluru and hire over 300 new members for product and technology roles.
2020-06-01
Category: India, Uttar Pradesh,Business/Economy,Technology
7.26 million records of BHIM user data leaked: Report
New Delhi, June 1 (IANS) Security researchers have discovered that about 7.26 million records linked to users of mobile payments app BHIM were left exposed to the public by a website.
2020-06-01
Category: India, Delhi,Business/Economy,Technology,Defence/Security
Paytm Mall shits ops from Noida to Bengaluru, to hire 300
Noida, June 1 (IANS) E-commerce platform Paytm Mall, owned by Paytm Ecommerce Private Ltd, on Monday announced to move its operations from Noida to Bengaluru and hire over 300 new members for product and technology roles.
2020-06-01
Category: India, Uttar Pradesh,Business/Economy,Technology
Cabinet approves distressed asset fund for MSMEs
New Delhi, June 1 (IANS) The Union Cabinet on Monday approved a distressed asset fund for MSMEs to facilitate provision of Rs 20,000 crore as subordinate debt.
2020-06-01
Category: India, Delhi,Business/Economy,Politics
CAPF canteens get 1st 'Swadeshi' consignment from KVIC
New Delhi, June 1 (IANS) Beginning sale of only indigenous goods from Monday across India -- a first ever such step adopted so far -- the Central Armed Police Force (CAPF) canteens received delivery of first "Swadeshi" items through the Khadi and Village Industries Commission (KVIC).
2020-06-01
Category: India, Delhi,National,Defence/Security,Business/Economy
On a single day, Rs 3,200 cr loans sanctioned to MSMEs: FM
New Delhi, June 1 (IANS) Finance Minister Nirmala Sitharaman on Monday said that public sector banks (PSBs) sanctioned collateral free loans worth Rs 3,200 crore to the MSME sector in a single day on June 1.
2020-06-01
Category: India, Delhi,Business/Economy
Punjab, Haryana ease curbs to revive economy
Chandigarh, June 1 (IANS) While curbs were eased in Punjab and Haryana on Monday with an eye on revival of economy, small retailers and businessmen expressed anguish over fall in revenue due to lockdown.
2020-06-01
Category: India, Punjab,National,Business/Economy
Non-subsidised LPG rate hiked, aviation fuel ups by Rs 11,000/kl
New Delhi, June 1 (IANS) Oil marketing companies have hiked the prices of non-subsidised cooking gas and aviation turbine fuel with effect from Monday.
2020-06-01
Category: India, Delhi,Business/Economy
AGC Networks to acquire Fujisoft to boost presence in MEA region
Mumbai, June 1 (IANS) Global technology solution integrator AGC Networks on Monday announced to acquire IT company Fujisoft (along with its associated companies in the UAE) for an undisclosed sum.
2020-06-01
Category: India, Maharashtra,Business/Economy,Technology
Punjab shops, beauty parlours to open 12 hours daily
Chandigarh, May 31 (IANS) In line with the Central government's guidelines for 'Unlock 1.0', Punjab Chief Minister Amarinder Singh on Sunday ordered formulation of clearly defined guidelines for opening up of hotels, hospitality services, shopping malls, places of worship, and restaurants for in-dining, from June 8, while announcing immediate opening up of shops, including liquor and barber shops, beauty parlours, spas, etc, from Monday in the non-containment zones.
2020-05-31
Category: India, Punjab,National,Business/Economy
Centre to sell stake in certain pharma PSUs: Goyal
New Delhi, May 31 (IANS) Commerce Minister Piyush Goyal on Sunday said that the Union government has decided to disinvest in certain pharmaceutical public sector units (PSU).
2020-05-31
Category: India, Delhi,Business/Economy,Health/Medicine
3 liquor shops at IGI Airport's T3 allowed to open
New Delhi, May 31 (IANS) The Delhi Excise Department has allowed three liquor vends located at Terminal 3, Indira Gandhi International Airport, to open, officials said on Sunday.
2020-05-31
Category: India, Delhi,National,Business/Economy
CBDT notifies modified IT return forms for FY 19-20
New Delhi, May 31 (IANS) The Central Board of Direct Taxes (CBDT) has notified new Income Tax Return forms for the Assessment Year 2020-21 or the financial year 2019-20.
2020-05-31
Category: India, Delhi,National,Business/Economy