Strides Pharma Science shares jump over 4% after Q3 profit surges 130% YoY to Rs 202 crore
Shares of Strides Pharma Science climbed more than 4% on the NSE on Thursday, reacting positively to the company’s strong Q3 earnings performance, led by...
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Government to not privatize public sector banks in COVID-19 Pandemic
Government would not privatize public sector banks. Because, of low valuations and mounting stressed assets amid the COVID-19 crisis.
Beijing’s biggest vegetable Xinfadi Market closes after 45 new COVID-19 cases.
Beijing shuts down it biggest vegetable market. This is followed by multiple small markets being closed down. At exactly 3 am on Saturday it was shut down completely. Firstly, the Government took this out of worry many say. However, after 45 new positive cases came up from the market locality.
PM Modi hires Delhi firm SARC & Associates for auditing PM CARES Fund
Recently, the Indian Government personally hired Delhi-based chartered accountancy firm SARC & Associates. Their assistance has been required PM CARES Fund, according to information given by the fund’s administrators. The auditors are appointed for a period of 3 years.
Supreme Court denies action against employers in wage fraud
The Supreme Court has denied action against employers. These were responsible for wage frauds to employees in the industry. It also said that 100% payment was not necessary but a 50-75 % attempt must be paid. The petitions were filed by more than 15 micro, small and medium enterprises against the Centre's order.
GST Council to meet tomorrow for the first time after lock down
The GST council will meet tomorrow for the first time after the lock down. Since, the businesses are expecting rate cuts amid economic slowdown. It is unlikely that the council will announce any major rate cut tomorrow.
India lifts export ban on COVID-19 drug Hydroxychloroquine: Trump’s “game changer”
India has lifted the export ban on Hydroxychloroquine. Manufacturers, except export-oriented units and those in special economic zones. Would still have to supply 20% of their production to the domestic market, Minister Gowda said.