• 

  Jio, Airtel, Vodafone Idea approach TRAI over prepaid recharge patterns: Report

  April 16, 2020 21:06 IST

  Top telecom companies including Jio, Airtel and Vodafone Idea have approached sector regulator TRAI over prepaid recharge patterns, news agency PTI reported today. Jio, Airtel, Vodafone Idea have sought time till April 20 to submit data on prepaid recharge patterns, PTI quoted sources as saying.

• 

  Economic growth may fall to 1.1 per cent this fiscal: SBI report

  April 16, 2020 20:55 IST

  India's GDP growth may slide to 1.1 per cent in the current financial year, on account of the impact of coronavirus outbreak on the economy, a research report by SBI said on Thursday.

• 

  Sebi eases compliance rules for processing of demat request, KYC application

  April 16, 2020 19:18 IST

  Markets regulator Sebi on Thursday relaxed compliance norms for depository participants, stock brokers and share transfer agents with regard to processing of demat request and KYC application amid the coronavirus pandemic.

• 

  'Refund passengers for cancelled tickets booked during coronavirus lockdown': Aviation Ministry

  April 16, 2020 18:27 IST

  The carriers, including IndiGo, SpiceJet and GoAir, had suspended flights during the lockdown, but instead of refunding the ticket, had kept the fare in a credit shell that a passenger could use later.

• 

  Gold Rate Today: Gold price hits fresh record of Rs 47,000-mark on MCX

  April 16, 2020 14:19 IST

  Futures contracts of gold continued to surge on the Multi-Commodity Exchange (MCX) on Thursday and hit a new high of Rs 47,000 per 10 gram. Currently, the June contract of gold on MCX is at Rs 46,975 per 10 gram, higher by 0.57 per cent from its previous close.

• 

  Mobiles, TVs, refrigerators to be available on e-commerce platforms from April 20

  April 16, 2020 14:00 IST

  The move is being viewed as an attempt by the government to revive the industrial and commercial activities which have been stalled due to the lockdown since March 25. A large number of people are engaged in the logistics and delivery works of such e-commerce platforms. 

• 

  Toyota comes out with restart manual for manufacturing sector post-lockdown

  April 16, 2020 12:40 IST

  Toyota Kirloskar Motor said on Thursday it has during the lockdown period used its years of knowledge, expertise and access to global best practices to devise a comprehensive 'restart manual' as a guide for industries to follow post the withdrawal of the curbs. With an intent to support the manufacturing sector.

• 

  H-1B and J-1 visa regulations standing in the way of medical response to COVID-19: Lawmakers

  April 16, 2020 12:14 IST

  The regulations in H-1B and J-1 visas for foreign workers, including from India, that prevent doctors from providing medical care at locations other than those specifically approved for their immigration status, are standing in the way of strongest possible medical response to the COVID-19, a bipartisan group of 40 influential US lawmakers has said.

• 

  Asia to see zero per cent growth in 2020 due to coronavirus outbreak, says IMF

  April 16, 2020 12:15 IST

  Hit hard by coronavirus outbreak, Asia is expected to witness zero per cent growth in 2020, its worst growth performance in almost 60 years, but still the world's largest and most populous continent is likely to fare better than other regions in terms of activity, IMF said.

• 

  Capgemini India gives salary hike to its employees, Rs 10,000 allowance amid coronavirus lockdown

  April 16, 2020 14:02 IST

  Capgemini, French IT company has announced a salary hike to 70 per cent of its employees in India besides providing an allowance to them amid the coronavirus crisis, effective April 1, 2020. The Capgemini India has 1.2 lakh employees, of which 84,000 employees will be benefitted by this decision.

• 

  China dispatches 6.5 lakhs medical kits to India to tackle COVID-19 infection: MEA

  April 16, 2020 11:34 IST

   Amid the rising number of coronavirus cases in India, the Ministry of External Affair informed on Thursday that 6.5 lakhs medical kits will reach India soon. The Ministry also informed the Indian Embassies in Beijing and Guangzhou played a key role in this deal. 

• 

  Government extends health insurance renewal date till May 15. Check Details

  April 16, 2020 11:14 IST

  The Union Government has allowed health insurance policy holders to defer payment of their renewal premium falling due during the period of the lockdown that has now been extended till May 3.

• 

  Mahindra retools its Detroit auto plant to produce face shields, other medical supplies

  April 16, 2020 10:44 IST

  Indian auto major Mahindra has said it is retooling their Detroit manufacturing facility to make medical personal protection equipment for healthcare workers combating the COVID-19 pandemic that has infected over 2 million globally. 

• 

  OYO offers free stay to medical personnel fighting COVID-19

  April 16, 2020 10:26 IST

  Hospitality major OYO on Wednesday said that it is opening its hotels for free stay of doctors, nurses and other medical first responders who are helping in the fight against coronavirus in India, starting with select OYO Townhouse hotels in Gurugram and Bengaluru.

• 

  Sensex drops over 300 points in early trade; IT stocks tank

  April 16, 2020 10:08 IST

  Infosys was the top laggard in the Sensex pack, shedding up to 4 per cent, followed by Kotak Bank, Hero MotoCorp, Tech Mahindra, Titan and Axis Bank. 

• 

  Bharti Airtel becomes fifth most valued firm by m-cap, surpasses HDFC

  April 15, 2020 19:56 IST

  Telecom operator Bharti Airtel has surpassed HDFC to become the country's fifth most valued firm in terms of market valuation. At close of trade on Wednesday, Bharti Airtel's market capitalisation (m-cap) stood at Rs 2,78,206.15 crore, Rs 1,987.86 crore more than that of HDFC's valuation of Rs 2,76,218.29 crore on the BSE.

• 

  Rupee slides to all-time low of 76.44 as dollar strengthens

  April 15, 2020 19:33 IST

  Paring its early gains, the rupee declined by 17 paise to close at its all-time low of 76.44 against the US dollar on Wednesday, tracking weak domestic equities and strengthening of the American currency overseas.

• 

  E-commerce, courier services allowed from April 20

  April 15, 2020 18:09 IST

  The Centre on Wednesday allowed operations of e-commerce companies and courier services starting April 20. In an order, the Ministry of Home Affairs, has also said that vehicles of e-commerce companies can ply with necessary permissions. The relaxations are allowed in areas which are not hotspots for coronavirus cases.

• 

  Amazon founder Jeff Bezos, already world's richest man, gets richer by $6.4 billion

  April 15, 2020 17:41 IST

  As the world prepares for its worst year since the Great Depression, Amazon CEO Jeff Bezos, the world's richest man, has got richer by $6.4 billion

• 

  10.2 lakh I-T refunds worth Rs 4,250 cr issued in a week: CBDT

  April 15, 2020 17:32 IST

  The Income Tax department has issued over 10.2 lakh refunds worth Rs 4,250 crore within a week, the Central Board of Direct Taxes (CBDT) said on Wednesday.

• 

  COVID-19: Vistara again announces compulsory leave without pay for up to 3 days for senior employees

  April 15, 2020 15:03 IST

  Vistara CEO Leslie Thng on Wednesday announced that senior employees will be going on compulsory leave without pay for up to three days between April 15 and April 30 as a measure to further conserve the airline''s cash flow amid the lockdown to combat the coronavirus threat.

• 

  Ola partners with BMC to enable essential medical trips in Mumbai amid COVID-19 lockdown

  April 15, 2020 14:51 IST

  Cab service provider Ola announced on Wednesday that the company has partnered with Brihanmumbai Municipal Corporation (BMC) in Mumbai to enable essential medical trips. BMC has been provided with dedicated cars for every ward in the city to ferry health workers and paramedical staff across wards and their homes.

• 

  Few Mutual Fund investment facts to clear during COVID-19 jolt!

  April 15, 2020 14:44 IST

  Due to high volatility in the markets and a somewhat similar or worse situation like the year 2008, investors are worry and want to make quick decisions regarding the investments they have made so far. The reason is no doubt an obscure picture of the future right now.

• 

  Annual inflation rate drops to 1 pc in March from 2.26 pc in February

  April 15, 2020 14:53 IST

  India's annual inflation rate based on wholesale prices eased to 1 per cent in March from a rise of 2.26 per cent in February, official data showed on Wednesday. The fall in March has largely been on account of a sharp fall in food prices in the country. Food inflation in March fell to 4.91 per cent from 7.79 per cent in the previous month.

• 

  Jeff Bezos richer by $6.4 bn as Amazon stocks hit record high

  April 15, 2020 12:53 IST

  According to a Forbes report on Tuesday, Amazon stock surged 5.3 per cent on Tuesday, hitting a new record close of $2,283 per share. The stock is now up over 20 per cent so far this year, outpacing the benchmark index.

• 

  Fitch Group pledges USD 50,000 towards Give2Asia coronavirus relief fund

  April 15, 2020 10:38 IST

  In a statement, Fitch Group has said, "it has donated USD 50,000 to Give2Asia in support of the organisation's crisis response to the outbreak of COVID-19". 

• 

  Sensex surges over 600 points in opening session; Nifty nears 9,200-level

  April 15, 2020 10:10 IST

  Sun Pharma was the top gainer in the Sensex pack, rallying up to 5 per cent, followed by L&T, HUL, Axis Bank, UltraTech Cement, ICICI Bank. Reliance Industries jumped nearly 3 per cent after the company said it will raise Rs 9,000 crore through an NCD sale this week to refinance the existing high-cost rupee debt. 

• 

  NHAI likely to compensate toll operators for losses due to suspension of toll charges

  April 14, 2020 22:15 IST

  The government is considering to compensate toll operators for the losses incurred in the wake of suspension of toll charges on national highways, an official said on Tuesday.