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Opposition protests dilution of labour laws; writes to President

Opposition party leaders of seven parties, such as Sitaram Yechury, D Raja, Manoj Jha and Thol Thirumavalavan, have written to President Ramnath Kovi




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Now, even small grocers can take to e-comm platform

Why only big e-commerce companies have the luxury of having very expensive IT solution to run their businesses? A Hyderbad-based startup, ONGO Framew




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Home appliance retailers in TN seek government permission to reopen shops

Top retailers have sought Tamil Nadu Chief Minister Edappadi K Palaniswami’s intervention to allow them to restart operations.“We request you to allo




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Centre to borrow ₹4.20-lakh crore more; fiscal deficit may widen to 5.4%

The government on Friday announced raising its borrowing by over 50 per cent of Budget Estimate during the current fiscal. Additional borrowing means




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Non-basmati exports may rebound as India attracts new customers

Malaysia, Philippines show interest; weak rupee makes country competitive




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Godrej Interio to launch affordable furniture range

With an increasingly large share of the Indian workforce working from home (WFH) amid the lockdown, and with the trend expected to continue for the n




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SECI tender gets bids to supply round the clock renewable power at ₹ 2.90 a unit

Solar Energy Corporation of India (SECI) Limited has received bids from project developers to supply round the clock power from renewable energy (RE)




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Virtual museum touring will be possible with Google 3D objects

Tech giant Google is set to add more 3D objects viewable right from the search results page on mobile, including Neil Armstrong’s spacesuit and anatom




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Tax relief to stranded NRIs, prolonged stay in India due to lockdown to be discounted

The Finance Ministry on Friday allowed discounting of prolonged stay period in India for the purpose of determining residency status from the taxation




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Milaap crowdsources Rs 90 cr to help migrant workers

Milaap, considered as South Asia’s largest online crowdfunding platform, has collected nearly Rs 90 crore which will be used to help stranded migrant




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Facebook to roll out revamped website for all desktop users in coming weeks

Social media site Facebook announced on Friday that it is set to roll out its redesigned desktop website to all its users over the next few weeks. It




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May ask for Central `manpower’ to give rest to police personnel: Uddhav

Maharashtra Chief Minister, Uddhav Thackeray on Friday said that State Government could ask the Centre for additional manpower for policing as the Mah




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Windows 10 May 2020 update likely to release between May 26-28

Microsoft has revealed that it plans to deliver a feature update (May 2020 Update) between May 26 and May 28, said a report in Windows Latest.Microsof




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E-healthcare platform Medlife goes multilingual to deepen its reach

The company will soon integrate Tamil, Telugu, Bengali, Malayalam, Kannada, Marathi, and Gujarati




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Wuhan market had a role to play in coronavirus outbreak, more research required: WHO

The World Health Organization on Friday said that a wholesale market in Wuhan, China had played a role in the outbreak of the novel coronavirus in 201




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Japan asks India to allow Japanese companies to resume work

Japan has asked India to allow Japanese companies to resume their work in India. This comes as India witnessed a surge in the number of coronavirus pa




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Here’s all you need to know about the Zoom app’s new update releasing today

Video-conferencing tool Zoom is releasing an update for its app today as part of its 90-day plan to enhance the tool’s security.In this new update, th




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WhatsApp may soon allow users to use one account on multiple devices

Facebook-owned messaging service WhatsApp is currently working on a feature that will allow users to connect their WhatsApp account to multiple devic




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There will be no delay in cotton seed distribution, says Maharashtra Agriculture Minister

In Maharashtra, there are enough supplies of cottonseed and there would no delay in seed disbursal to the farmers. Large-scale retail sales of the se




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FM to review credit flow by PSBs on May 11

On Monday(May 11), Finance Minister Nirmala Sitharaman will hold a meeting with chief executives of Public Sector banks ( PSBs) and Chairman of State



  • Money & Banking

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After Samsung, Vivo and Oppo, Lava resumes production at Noida factory

Smartphone maker Lava has resumed production at its Noida factory after receiving permission from authorities to begin limited operations, the company




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ICICI Bank’s mobile ATM services at doorstep of Coimbatore residents

Mobile ATM stationed at Perianaickenpalayam and Vadavalli



  • Money & Banking

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Death toll due to Covid-19 rises to 1,981; cases climb to 59,662

The death toll due to Covid-19 rose to 1,981 and the number of cases climbed to 59,662 in the country on Saturday, registering an increase of 95 death




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Karnataka AAR ruling: While head tonsuring attracts GST, temple prasadam out of its ambit

Authority for Advance Rulings (AAR) of Karnataka in its recent ruling mentioned that services for fees collection for tonsuring the heads of devotees,




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India tops the charts for Zoom downloads in April: Report

India was the biggest market for Zoom in April in terms of downloads according to Sensor Tower.According to a report by GadgetsNow, the video-conferen




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WHO to develop coronavirus app for self-assessment; likely to add contact tracing features

The World Health Organization (WHO) is planning to launch a new coronavirus app to enable people from under-resourced countries to self-assess their s




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Naval ship carrying 700 Indians stranded in Maldives to arrive on May 10

This is the Indian Navy’s first massive evacuation exercise during the Covid-19 lockdown.




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Trump administration working to temporarily ban work-based visas: Report

The US is working to temporarily ban the issuance of some work-based visas like H-1B, popular among highly-skilled Indian IT professionals, as well




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Big Story | Has Covid-19 made matters worse for road construction companies?

Road construction companies expected a smooth road in 2020, but the coronavirus-induced lockdown has thrown fresh challenges their way. So, what lies ahead for the companies?




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TN Govt forms high-level panel under C Rangarajan to assess Covid-19 impact

Tamil Nadu has constituted a high-level committee under the Chairmanship of former Governor of Reserve Bank of India, C Rangarajan, to advise the gove




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Congress asks Telangana to bring back migrant labourers stranded in Gulf

The Congress Party has asked the Telangana Government to bring back the migrant labourers stranded in the Gulf countries.Addressing a press conference




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Q4 results: ICICI Bank net profit up 26% to ₹1,221.36 crore

The net interest margin was the highest ever at 3.87 per cent in the fourth quarter



  • Money & Banking

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Motilal Oswal Focused 25: Credible show in tough times

The large-cap-oriented fund has contained losses well in these difficult market conditions




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‘Europe needs a break’: EU plans to restart travel and tourism despite coronavirus threat

EU states should guarantee vouchers for travel cancelled during the coronavirus pandemic and start lifting internal border restrictions in a bid to s




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Rs 18,253 crore transferred to farmers under PM-KISAN scheme during lockdown




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Photos of the day: May 9, 2020




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CBSE Board exam evaluation to be done at home by teachers

The evaluation for class 10, 12 Board exams will be done by teachers at their homes and 3,000 schools have been identified as exam centres to deliver




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Top multinationals from HUL to Apple brace for rising online sales post Covid-19

LG, Samsung, Vivo and Xiaomi are also rolling out hyperlocal sales platforms that will connect their offline stores to consumers searching products online so that the outlet nearest to the consumer can deliver the order, industry executives said.




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Lockdown 3.0: People turn to e-commerce for non-essential items; staff crunch may delay deliveries

From laptops to apparels, people are logging on to e-commerce platforms like Amazon, Paytm Mall and Snapdeal to place orders for non-essential items, but lack of adequate manpower amid the lockdown could delay deliveries.




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COVID impact: Millions of mom and pop store could go out of business, says retail body

Lockdown could see at least 20% of Indian retailers collapse or wind up their business in next few months. “Ever since the lockdown was imposed on 24th March, the Indian retail sector has lost a gigantic sum of approximately Rs 5.50 lakh crore in this period and is likely to witness at least 20% of Indian retailers collapse and wind up their businesses in the next few months,” CAIT said.




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Retail sector loss reaches Rs 5.50 lakh cr in lockdown: CAIT

Following these challenging times, CAIT has urged the government to award a substantial package to traders to ensure their survival. COVID-19 has caused a huge dent in retail trade which will have a devastating effect on the whole country, CAIT Secretary-General Praveen Khandelwal said.




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FMCG to apparel, discounts to make a comeback soon

Deals on grocery and FMCG had evaporated days before lockdown in March last week when panic buying had started.




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Mall operators hurting, but divided over rental waivers

Large operators of malls such as Xander-backed Virtuous Retail, Select Group, Phoenix Group and Blackstone-backed Nexus have not waived rentals for their tenants.




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Kishore Biyani may sell big Future Retail stake to Amazon

Kishore Biyani is planning to sell a massive stake to Amazon in an attempt to keep its crown jewel afloat.




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CAIT flags traders' inability to pay full salary for April, seeks Goyal's intervention

"If such payments are made, the business of the traders will fall like anything and in absence of any inflow of money, such payments will be disastrous for the retail trade of the country and in turn will badly affect the economy," CAIT Secretary General Praveen Khandelwal said in the letter to Goyal.




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JioMart wants you to buy small and buy often

Currently, owing to lockdown, JioMart is serving limited inventory. But everything is about to change.




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Apparel, jewellery, electronic retailers to roll out store-on-wheels; launches virtual tour of stores

“The idea of store-on-wheels is that customers should not feel suffocated that they can’t go out and shop, and feel the same pleasure right at their doorsteps,” said Vishnu Prasad, managing director of Future Lifestyle Fashions that owns Central and Brand Factory.




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Registrar (in-charge) to continue, says V-C

N. Sankar will continue as Registrar (in-charge) until the lockdown ends, said Madurai Kamaraj University Vice-Chancellor M. Krishnan. Mr. Sankar subm




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State’s decision to raise retirement age flayed

Government staff affiliated to Tamil Nadu Government Employees Association staged a demonstration in front of their offices here on Friday condemning




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Historic Spanish Point