on CERC issues regulations achieve clean energy target, sound grid operations By www.business-standard.com Published On :: Sun, 21 Feb 2016 23:50:00 +0530 Advises Centre to ask states to execute energy accounting & implement availability based tariff Full Article
on Handset maker Lava looks to raise $100 million By www.business-standard.com Published On :: Mon, 22 Feb 2016 00:27:00 +0530 The company is looking to dilute equity stake to strategic partners Full Article
on Firms Facing Hurdles In Movement Of Workers And Raw Materials In Commencing Operations: CII survey By www.business-standard.com Published On :: Mon, 27 Apr 2020 13:24:00 +0530 The CII survey indicates that permits for enterprises, passes for workers and supply chain movement are the key hurdles for industry in exit from lockdown. For facilitating restart of economic activities, CII has suggested that in non-containment zones, businesses should be allowed to function without requirement of permits and only through intimation to local authorities. While state governments have mostly clearly communicated restart guidelines to businesses, firms are facing hurdles in movement of workers and raw materials in commencing operations. These are the findings of a nation-wide survey conducted by the Confederation of Indian Industry (CII). Full Article
on RBI Employees contribute ₹7.30 crore to PM CARES Fund By www.business-standard.com Published On :: Wed, 29 Apr 2020 09:50:00 +0530 The employees of the Reserve Bank have decided to contribute one or more day's salary to the PM CARES Fund, in response to the call to support during the emergency situation. The total contribution from the employees amounting to ₹7.30 crore is being remitted to the PM CARES Fund. The COVID-19 pandemic and the related dislocation in normal economic activity has severely affected the economically weaker sections of the society and their means of livelihood. To help the people affected by any kind of emergency or distress situation, like the one posed by the COVID-19 pandemic, Government of India has set up a public charitable trust named Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) to receive contributions from various sources. Full Article
on India signs $1.5 billion loan with ADB to support India's COVID-19 immediate response By www.business-standard.com Published On :: Wed, 29 Apr 2020 12:54:00 +0530 The Government of India and the Asian Development Bank (ADB) signed a $1.5 billion loan that will support the government's response to the novel coronavirus disease (COVID-19) pandemic, focusing on immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups. Earlier, the ADB's Board of Directors approved the loan to provide budget support to the government to counter and mitigate the adverse health and socio-economic impact of the pandemic. Full Article
on Domestic Mineral Production Rises 10% Over Year In February 2020 By www.business-standard.com Published On :: Wed, 29 Apr 2020 15:46:00 +0530 The index of mineral production of mining and quarrying sector for the month of February, 2020 (Base: 2011-12=100) at 123.7, was 10.0% higher as compared to the level in the month of February, 2019. The cumulative growth for the period April- February, 2019-20 over the corresponding period of previous year has been (+) 1.9 percent. Mining & Mineral Statistics Division of Indian Bureau of Mines functions as the nodal agency for statistics on mineral sector and releases this information. Full Article
on It Is Time We Think Of An Efficient Exit Option From The Lock Down To Resume And Revive Economic Activities: Suresh Prabhu By www.business-standard.com Published On :: Wed, 29 Apr 2020 16:20:00 +0530 While reopening economic activities, we need to keep in mind that the industry cannot be opened in isolation, the whole ecosystem along with the related supply chains needs to be revived and restarted, said Suresh Prabhu, Hon'ble Member of Parliament. We should follow the Chinese model of revival through specific geographical openings for economic activities in areas which are marked green and keeping the hotspot districts completely locked, till there is full containment in those areas, said Hon'ble Member of Parliament. This is the time India needs to take advantage of the crises and convert it into an opportunity, we set our National goal of getting Foreign Direct Investments to India and each citizen and all arms of the government must work towards this common goal with complete alignment of reforms, said Prabhu. Businesses are the most important part of the economy, as they are significant contributors to economic growth and progress, he said. Full Article
on Currency In Circulation Rises 0.7% On Week By www.business-standard.com Published On :: Thu, 30 Apr 2020 10:00:00 +0530 Powered by Capital Market - Live News Full Article
on RBI Governor meets MD & CEOs of Public and Private Sector Banks over Video Conference By www.business-standard.com Published On :: Sat, 02 May 2020 17:22:00 +0530 In his opening remarks, the Governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period. Full Article
on GST Collection Sinks To Rs 28309 Crore In March As Lockdown Hurts By www.business-standard.com Published On :: Mon, 04 May 2020 10:34:00 +0530 Powered by Capital Market - Live News Full Article
on Employees of EPFO contribute Rs 2.5 crore to PM CARES fund By www.business-standard.com Published On :: Mon, 04 May 2020 11:07:00 +0530 The employees of Employees Provident Fund Organization (EPFO) have come forward to support the Government's initiative in combating national crisis of COVID-19 pandemic and voluntarily contributed one day's salary- amounting to around Rs. 2.5 crore to the PM CARES Fund. EPFO, as one of World's largest Social Security Organizations, stands committed in the service of the nation in every possible way. The COVID-19, declared as a pandemic by the World Health Organization, has posed serious challenges for the health and economic security of millions of Indians. Government of India has set up a public charitable trust under the name of 'Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund' (PM CARES Fund) with the primary objective of dealing with any kind of emergency or distress situation. Officers and staff of EPFO are also contributing by putting in extra efforts for providing relief by expeditiously processing EPF withdrawal claims including COVID claims under Full Article
on Government Is Likely To Announce A Relief Package For MSME Sector Soon - Nitin Gadkari By www.business-standard.com Published On :: Mon, 04 May 2020 11:16:00 +0530 Mr Nitin Gadkari, Minister of Road Transport and Highways and MSME, Govt of India said that government is likely to announce a relief package for the MSME sector soon. He further said that all stakeholders must adopt an integrated approach to come over the crisis while ensuring the lives and livelihood of the people. Mr Gadkari also urged the industry to have a positive attitude during this time to tide over this crisis. "We will win the fight against corona along with the economic crisis and make India the superpower nation. Hum honge kamyab," said Mr Gadkari. Full Article
on Country-Wide Lockdown Was Necessary But Has Had Deep Ramifications On Economic Activity: CII Survey By www.business-standard.com Published On :: Mon, 04 May 2020 11:29:00 +0530 The country-wide lockdown imposed on 23rd March, while necessary, has had deep ramifications on economic activity. According to the CII CEOs Snap Poll on Impact of COVID-19 on Economy and Industry, while a majority of the firms continue to anticipate a significant decline in their topline, they now foresee a delay in economic revival and demand recovery. The survey saw the participation of more than 300 CEOs, of which nearly two-thirds belonged to MSMEs. The lockdown brought economic activity to a grinding halt and the survey findings indicate that a significant majority of the firms (65%) expect revenues to fall more than 40% in the current quarter (Apr-Jun 2020). For financial year 2020-21, the expectations of a fall in revenue are staggered, with 33% of the firms anticipating a revenue fall of more than 40%, closely followed by 32% of firms expecting a revenue contraction ranging between 20% to 40%. Full Article
on India Manufacturing PMI Plunges Sharply Into Contraction Zone By www.business-standard.com Published On :: Mon, 04 May 2020 16:42:00 +0530 Powered by Capital Market - Live News Full Article
on RBI Launches May 2020 Round Of Consumer Confidence Survey By www.business-standard.com Published On :: Tue, 05 May 2020 09:38:00 +0530 Powered by Capital Market - Live News Full Article
on Government Contemplating Policy On Import Substitution In The Wake Of New Economic Situation Created By COVID-19 Pandemic: Nitin Gadkari By www.business-standard.com Published On :: Wed, 06 May 2020 09:08:00 +0530 Union Minister for MSME and Road Transport and Highways, Nitin Gadkari informed that a policy on imports substitution is being thought of in the wake of the new economic situation created by COVID-19 pandemic. He called upon various stake-holders to convert knowledge into wealth by improving quality through innovations and cutting down cost. He sited the example of a Nagpur based MSME Orange cluster taking up PPE making from scratch. These PPEs cost between Rs 550 to Rs 650 against the market price of about Rs 1200 for which country was heavily import dependent. The cluster is in a position to supply large quantity of PPEs. Full Article
on Excise Duty Increased On Petrol And Fuel By www.business-standard.com Published On :: Wed, 06 May 2020 10:05:00 +0530 Powered by Capital Market - Live News Full Article
on India's Services Sector Witnesses Largest Month On Month Contraction By www.business-standard.com Published On :: Wed, 06 May 2020 11:57:00 +0530 Powered by Capital Market - Live News Full Article
on Edible Oil Imports Plunge 34% On Year In April By www.business-standard.com Published On :: Wed, 06 May 2020 16:03:00 +0530 The Solvent Extractors' Association (SEA), noted in a latest update that based on the available data, it has compiled provisional data for Import of Edible Oils for April 2020. The imports in April 2020 are reported at 790,377 tons compared to 941,219 in March 20 and 1,198,763 tons in April 2019, down by 34%, on YoY basis. The drop in April is mainly due to logistics issues at destinations as well as at discharge ports. The overall Import of Edible Oils during Nov-2019 to April-2020 is reported at 6,182,184 tons, compared to 7,203,830 tons during the same period of previous year, i.e. down by 14 %. Full Article
on RBI Announces Rate Of Interest On GOI Floating Rate Bonds 2024 At 3.62% By www.business-standard.com Published On :: Thu, 07 May 2020 11:41:00 +0530 Powered by Capital Market - Live News Full Article
on Reserve Money Rises 1.5% On Week By www.business-standard.com Published On :: Thu, 07 May 2020 16:22:00 +0530 Powered by Capital Market - Live News Full Article
on State-run Banks Sanctioned Loans Worth Rs 5.66 Lakh Crore Over Last Two Months By www.business-standard.com Published On :: Fri, 08 May 2020 10:57:00 +0530 Powered by Capital Market - Live News Full Article
on On Partners: The Shirt, Dogfish Head, Intelius By Published On :: Wed, 30 May 2012 23:08:20 GMT The Shirt founder Rochelle Behrens, Dogfish Head founder Sam Calagione and Intelius co-founder Naveen Jain share their views on having partners, at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. WSJ's Vanessa O'Connell leads the discussion. Full Article
on 5Paisa Capital reports consolidated net loss of Rs 1.70 crore in the March 2020 quarter By www.business-standard.com Published On :: Thu, 07 May 2020 18:10:00 +0530 Sales rise 69.34% to Rs 35.41 crore Full Article
on Gillette India standalone net profit declines 40.31% in the March 2020 quarter By www.business-standard.com Published On :: Thu, 07 May 2020 19:09:00 +0530 Sales decline 12.66% to Rs 406.57 crore Full Article
on Cyient consolidated net profit declines 74.41% in the March 2020 quarter By www.business-standard.com Published On :: Thu, 07 May 2020 19:37:00 +0530 Sales decline 7.68% to Rs 1073.60 crore Full Article
on Biocon receives EIR from USFDA for its small molecules API facility in Bengaluru By www.business-standard.com Published On :: Fri, 08 May 2020 09:21:00 +0530 Powered by Capital Market - Live News Full Article
on Hexaware Technologies launches KareRing, a cloud based quarantine zone management solution By www.business-standard.com Published On :: Fri, 08 May 2020 12:00:00 +0530 KareRing adheres to standards like data encryption. Advanced tracking technology increases accuracy by using other sensory data. The app leverages AI-powered global identity verification to authenticate users' identity before onboarding them and uses data analytics and intelligence techniques to visualize user data. An inbuilt, WHO-compliant bot is used for user self-health assessment. The app has also an added functionality for healthcare organizations to evaluate the efficacy of the vaccine under trial. Full Article
on Procter & Gamble Hygiene and Health Care standalone net profit rises 1.10% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 13:05:00 +0530 Sales decline 6.19% to Rs 656.05 crore Full Article
on Western Transmission Gujarat standalone net profit declines 13.48% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 13:06:00 +0530 Sales rise 27.54% to Rs 13.20 crore Full Article
on R Systems International consolidated net profit declines 23.02% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 13:06:00 +0530 Sales rise 6.60% to Rs 209.26 crore Full Article
on McDonald's India adds new McSpicy Fried Chicken on its menu By www.business-standard.com Published On :: Fri, 08 May 2020 14:02:00 +0530 Speaking about this new fried chicken on the menu, Seema Arora Nambiar, Sr. Vice President, Menu, Marketing and People Resources, McDonald's India (West and South) said All our products are designed keeping in mind what our consumers want and like. McSpicy Fried Chicken has been specifically crafted as per the taste preference of our consumers. This product is carefully marinated with ghost chili pepper and is fried to perfection to ensure it is spicy to the last bite - just the way consumers love it. Full Article
on K C P resumes operations at engineering unit and cement production unit By www.business-standard.com Published On :: Fri, 08 May 2020 14:49:00 +0530 Powered by Capital Market - Live News Full Article
on Adani Gas consolidated net profit rises 60.28% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 14:50:00 +0530 Sales decline 0.77% to Rs 462.25 crore Full Article
on SBI Card & Payment Services standalone net profit declines 66.41% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 16:00:00 +0530 For the full year, net profit rose 43.91% to Rs 1244.82 crore in the year ended March 2020 as against Rs 864.97 crore during the previous year ended March 2019 Full Article
on TCI Express standalone net profit declines 12.56% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 16:00:00 +0530 Sales decline 10.50% to Rs 237.94 crore Full Article
on Shree Cement consolidated net profit rises 57.60% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 17:07:00 +0530 Sales decline 2.13% to Rs 3415.14 crore Full Article
on Lupin's Pithampur facility successfully completes UK MHRA inspection By www.business-standard.com Published On :: Fri, 08 May 2020 17:18:00 +0530 Powered by Capital Market - Live News Full Article
on Reliance Power reports standalone net loss of Rs 264.94 crore in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 17:27:00 +0530 Sales decline 2.72% to Rs 6.09 crore Full Article
on Reliance Home Finance reports standalone net loss of Rs 238.37 crore in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 17:27:00 +0530 Sales decline 53.40% to Rs 276.85 crore Full Article
on Uttam Galva Steels reports consolidated net loss of Rs 536.04 crore in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 17:28:00 +0530 Sales decline 57.18% to Rs 118.66 crore Full Article
on Reliance Power reports consolidated net loss of Rs 4206.38 crore in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 17:40:00 +0530 Sales rise 13.39% to Rs 1798.05 crore Full Article
on Swaraj Engines standalone net profit declines 4.86% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 17:48:00 +0530 Sales decline 8.53% to Rs 175.13 crore Full Article
on Reliance Capital reports consolidated net loss of Rs 2124.00 crore in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 18:12:00 +0530 Sales decline 33.91% to Rs 3580.00 crore Full Article
on JK Tyre & Industries resumes domestic operations By www.business-standard.com Published On :: Fri, 08 May 2020 18:36:00 +0530 The remaining manufacturing plants of JK Tyre in India and Mexico are in preparatory mode and will resume operations subsequently. Full Article
on Reliance Infrastructure reports consolidated net loss of Rs 153.84 crore in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 22:47:00 +0530 Sales decline 9.01% to Rs 3625.86 crore Full Article
on Assembly Elections 2016: Exit polls show Mamata may buck anti-incumbency trend By www.business-standard.com Published On :: Tue, 17 May 2016 09:34:00 +0530 Most exit polls see loss for Jaya; Assam for BJP; left turn for Kerala Full Article
on Tamil Nadu assembly elections: AIADMK takes lead, could disprove exit polls By www.business-standard.com Published On :: Thu, 19 May 2016 09:55:00 +0530 Neck to neck fight between two dravidian parties Full Article
on Will work harder till we win the confidence of people: Rahul Gandhi By www.business-standard.com Published On :: Thu, 19 May 2016 12:48:00 +0530 Election trends suggest that Congress has lost in Kerala and Assam and has failed to make a dent in West Bengal and Tamil Nadu despite alliances Full Article
on Stalin's spirited campaign makes it a close contest in TN By www.business-standard.com Published On :: Thu, 19 May 2016 15:48:00 +0530 Analysts now believe that if the DMK had projected him the chief ministerial face instead of his 91-year-old father the whole hog, probably the election verdict could have been different Full Article
