The Centre’s proposed new policy to have not more than four public sector undertakings (PSUs) in each ‘strategic sector’ will likely apply to the banking sector too, Department of investment and public asset management (DIPAM) secretary Tuhin Kanta Pandey.
Tesla Inc has advertised for servicing staff in Singapore, a country previously criticised by Chief Executive Elon Musk as unsupportive of electric vehicles.
SEBI has decided to provide an opportunity to all investors/applicants with claims between ₹5,000 and ₹7,000, to make good deficiencies as may be applicable to their claims.
DoT has further extended the relaxations in the terms and conditions for other service providers up to 31st December 2020 to facilitate work from home.
In the June quarter, the private sector bank beefed up provisions by 15.8% year-on-year and provided ₹733 crore specifically towards pandemic risks over and above the ₹3,000 crore made in the March quarter. The bank has ₹6,898 crore in additional provisions over and above those needed for bad loans.
CARS24, E-commerce for transaction of pre-owned and second hand cars said the number of customers selling cars due to liquidity crunch has doubled as compared to pre-corona times. It will now give loans to those customers who do not wish to sell their cars otherwise.
Glenmark in its letter on Monday clarified that the price of the drug was last week slashed by 27% to ₹75 per tablet, which along with it, brought the cost of an entire course of 122 tablets for two weeks down to ₹9,150.
The Bengaluru tech center will support the San Jose headquartered company’s global engineering efforts. The company said it will be hiring DevOps engineers, IT, security and business operations headcount in the area.
Average 5-year SIP return of large cap mutual funds stood at 5.38%. Top three schemes in the category are Axis Bluechip Fund, Canara Robeco Bluechip Fund and BNP Paribas Large Cap Fund.
European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that went through the night and into its fifth day.
Indian industry is divided over changing its input sourcing strategies currently heavily dependent on China.
Four men have been arrested for allegedly stealing mobile phone parts worth ₹80 lakh from Samsung's warehouse in Noida and sending some of these to Hong Kong, police said on Sunday.
Global pharmaceutical company Mylan announced the commercial launch of its remdesivir under the brand name DESREMTM in India for treatment of patients with severe COVID-19 symptoms.
Gordon Fraser, co-head of markets equities at BlackRock Inc. remains positive about emerging nations. It has began betting on stocks in India, Russia and Mexico.
Domestic Airlines in India has facing the burnt of the pandemic induced lockdown. It has caused major companies to report losses in Q1 FY21.
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