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Start-ups that burn investor money won't get second chance: Ratan Tata

Tata, who also invests in start-ups, also said old-age businesses will recede and the young founders of innovative companies are the future leaders of the Indian industry




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HealthifyMe collaborates with online grocery players to tap wider markets

A pilot project in partnership with Swiggy to deliver healthy food launched in Gurgaon; mental wellness segment on anvil




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Bounce raises fresh funding to fuel electric vehicle integration, expansion

This marks InnoVen Capital's third investment in Bounce, in a span of 18 months




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Fintech start-up Khatabook announces strategic partnership with MS Dhoni

The World Cup winning skipper will not only invest in Khatabook but also become its brand ambassador




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Integrated Theatre Commands: boon or bane for the Indian Military

The fundamental problem with the integration plan is that integration revolves around the weakest link in the chain; the army




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ICMR and ICAR to collaborate for research on zoonotic diseases

Medical and agricultural research institutes ink MoU for cooperation in the area of zoonoses, anti-microbial resistance, nutrition and pesticide residues




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Next Generation Toyota Innova Showcased at Auto Expo 2016

 Toyota brings the second generation Innova to light at the ongoing Auto Expo 2016. Prior to India, the Indonesian market made a ramp for the global debut of the model. The current generation of Innova came into existence in 2005. Though the MUV ...




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Congress MLA tests Covid-19 positive hours after meeting with Gujarat CM

The MLA from the Khadia-Jamalpur seat of Ahmedabad will be admitted to a designated Covid-19 hospital soon




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Mamata congratulates Arvind Kejriwal, says those who deliver are rewarded

Earlier, while talking to reporters in Bankura district, Banerjee had said that people in Delhi have rejected BJP's policies and that "it was a victory of democracy"




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Delhi elections: Celebrations at AAP office as trends show massive victory

Grooving to the tunes of the party's campaign song - 'Lage Raho Kejriwal' - and drumbeats, hundreds of AAP workers celebrated at the party office




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Network performance determines operator profitability

A network with superior performance is a strategic asset that operators must create, proactively monitor and sustain to attract new users and, perhaps more importantly, keep existing users happy




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Brexit & Beyond: Corporate Europe’s ‘Unbearable’ Brexit Uncertainty

To subscribe to the newsletter, please sign up here MUST READS Corporate Europe Faces ‘Unbearable’ Uncertainty Over U.K. Exit: British Prime Minister Theresa May’s failure to get U.K. parliamentary approval for a deal to split the country from the European Union adds significant pressure on continental companies as they plan for the now greater possibility of an […]




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Brexit & Beyond: ECB Worries Over Economy Mount, But Stands Pat on Rates

MUST READS ECB Keeps Rates on Hold as Europe’s Outlook Darkens: European Central Bank President Mario Draghi opened the door to new stimulus measures as the bank stood pat on interest rates, warning that economic risks are mounting. Europe’s Political Funk Sets Back Its Economy: Europe seems stuck, its economic recovery running out of steam and its […]




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Swiss voters reject corporate tax overhaul

Read full story for latest details.




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Opinion: Joe Biden, Al Franken and Democratic Double Standards

Main Street: Democrats learn the #MeToo standard is impossible to sustain without hypocrisy. Images: Bloomberg/EPA-EFE/Shutterstock/Zuma Press Composite: Mark Kelly




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Egyptian security forces kill 7 militants planning attack during Easter celebration

Egyptian security forces have killed seven terrorists who were planning an attack on the country's Coptic Orthodox Christian population during their upcoming Easter celebrations, the country's Ministry of Internal Affairs said.According to the ministry, security forces raided an apartment in a densely-populated region of the capital. Mohammed Fawzy Al Hofi, a lieutenant officer, was killed during the attack, and one other police officer suffered injuries, the statement read.Security forces found six machine guns and ammunition in the apartment after the raid, according to the statement.On Tuesday evening, the national media reported on the security operation, which took place in a multistorey building in the Al Amireya region of the Egyptian capital.The country's Coptic Orthodox Christians are set to celebrate Easter Sunday on April 19.In April 2017, Egypt's Coptic Christians were targeted by bomb blasts during services to celebrate Palm Sunday. Two blasts in the cities of Tanta and ..




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Pak violating ceasefire to infiltrate 'jihadis' into Kashmir amid virus outbreak, says activist

A political activist from Pakistan occupied Kashmir (PoK) has alleged that Pakistan has been regularly violating ceasefire at the Line of Control these days to infiltrate terrorists into Kashmir valley amid COVID-19 spread.Amjad Ayub Mirza, a political activist and author based in Glasgow told ANI, "It is Pakistan, which is responsible for ceasefire violation. We, the people of PoK are aware of this fact that always Pakistan initiates a ceasefire violation to which India retaliates."The activist said that like always, time too, the ceasefire violation was started by Pakistan which created problems for locals, even in the areas of Jammu that do not even come in the jurisdiction of the ceasefire line.Divulging further on the heinous activities conducted by Pakistan, the activist said, "There can be three reasons for them to do so. Firstly due to the coronavirus outbreak, the establishment has been exposed over the mishandling of the pandemic. The country does not even have proper ...




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Duration play

A timely call on a steady decline in interest rates helped HDFC Mutual Fund's Anil Bamboli reap the gains




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We are increasing our footprint in India: Pratyush Kumar

Interview with President, Boeing India




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Want 100% FDI in multi-brand retail in food: Harsimrat Kaur-Badal

Food Processing Minister pushes for national e-platform bypassing mandis for farmers, food producers




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Tale of 2 states: Maharashtra & Gujarat

Chief ministers promise ease of doing business and highlight industry-friendly policies




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11 Maharashtra villages to pool land for integrated township

Villagers to form SPV for planning and development




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CERC issues regulations achieve clean energy target, sound grid operations

Advises Centre to ask states to execute energy accounting & implement availability based tariff




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Firms Facing Hurdles In Movement Of Workers And Raw Materials In Commencing Operations: CII survey

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).




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RBI Announces Rate Of Interest On GOI Floating Rate Bonds 2024 At 3.62%

Powered by Capital Market - Live News




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Western Transmission Gujarat standalone net profit declines 13.48% in the March 2020 quarter

Sales rise 27.54% to Rs 13.20 crore




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K C P resumes operations at engineering unit and cement production unit

Powered by Capital Market - Live News




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JK Tyre & Industries resumes domestic operations

The remaining manufacturing plants of JK Tyre in India and Mexico are in preparatory mode and will resume operations subsequently.




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HUL spurts after foreign broker maintains 'outperform' rating

FMCG major Hindustan Unilever (HUL) jumped 4.81% to end at Rs 2088.35 after a foreign brokerage reportedly maintained an 'outperform' rating on the stock with a target of Rs 2,400 per share.




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Bajaj Electricals resumes manufacturing operations

However, the management of the Company expects the operations to remain sub-normal in the immediate future, with a possibility of intermittent disruptions based on the evolving situation and varying Government guidelines and permissions. The Company continues to closely monitor the situation and shall take appropriate action as per regulatory guidelines.




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Adani Enterprises incorporates wholly owned subsdiairy - Nanasa Pidgaon Road

On 08 May 2020




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VST Industries announces resumption of operations

VST Industries said that the company has resumed its manufacturing operations with restricted capacity and manpower considering the permission granted by the State Government of Telangana.




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Adani Enterprises incorporates subsidiary to manage road project

Adani Enterprises on Friday (8 May) said it has incorporated a wholly-owned subsidiary company, "Nanasa Pidgaon Road" on 8 May 2020.




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Democratic senators introduce bill to give another monthly payment to Americans hit by COVID-19

Arguing that a one-time payment of USD 1,200 to most of the Americans during the coronavirus outbreak is not enough, three top Democratic senators introduced a legislation on Friday to provide a recurring USD-2,000 monthly check to those struggling to make ends meet during the COVID-19 pandemic. The Monthly Economic Crisis Support Act, introduced by former presidential candidate Senator Bernie Sanders, Indian-origin Senator Kamala Harris and Senator Ed Markey, proposes to provide a monthly USD-2,000 check to every individual with an income below USD 120,000 throughout and for three months following the coronavirus pandemic. According to the proposal, married couples who file jointly would receive USD 4,000; USD 2,000 per child up to three children and it would be implemented retroactively from March. The coronavirus pandemic has caused millions to struggle to pay the bills or feed their families, Harris said. The previous CARES Act, she argued, gave Americans an important one-time ...




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WHO, UN's postal agency release commemorative stamp on 40th anniversary of smallpox eradication

The WHO and the UN's postal agency have released a commemorative postage stamp on the 40th anniversary of the eradication of smallpox, with the head of the global health body expressing gratitude to a top Indian-origin UN official. In May 1980, the 33rd World Health Assembly issued its official declaration that "the world and all its peoples have won freedom from smallpox." It was ended on the back of a 10-year WHO-spearheaded global effort that involved thousands of health workers around the world to administer half a billion vaccinations to stamp out smallpox. "When WHO's smallpox eradication campaign was launched in 1967, one of the ways countries raised awareness about smallpox was through postage stamps when social media like Twitter and Facebook was not even on the horizon," World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said. "I especially want to thank my friend Mr Atul Khare, United Nations Under-Secretary-General for Operational Support, for ...




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Nike's rivals play catch-up in marathon shoe wars

When Eliud Kipchoge made history by beating the two-hour mark for the marathon, the Kenyan was wearing a pair of controversial Nike running shoes that has sent rival companies scrambling to play catch-up in a business worth billions of dollars. The likes of Adidas, Asics, Brooks, Hoka, New Balance and Saucony have recently released or are about to unveil their own carbon-fibre versions of running shoes. Critics claim the new shoes are the equivalent of mechanical doping, while supporters hail them as a revolutionary technical advance in footwear after decades of stagnation. Nike said its Vaporfly range, unveiled in 2016, was an "example of how product design can capture the fascination of an entire sporting community and, more broadly, inspire new benchmarks of athletic potential", boasting an improvement in times by up to four percent. Elite athletes wearing versions of the Vaporfly, the carbon plates of which lend a propulsive sensation to every stride, have set a rash of personal ..




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Victims of protest violence commemorated 10 years later

A plaque commemorating three bank employees who died of asphyxiation when their workplace was firebombed during a protest march 10 years ago was unveiled in Athens Saturday. Many officials, led by Greek President Katerina Sakellaropoulou, attended the ceremony. Leaders of two leftist parties, Syriza and the Communist Party, had laid wreaths on the site in central Athens earlier. The three employees, a man and two women, all in their 30s, died on May 5, 2010, when the Marfin Bank branch in central Athens was firebombed by anarchists taking part in a large protest march against the first austerity agreement Greece had signed with its creditors just days earlier. One of the victims was four months pregnant. The fire spread quickly and, although most employees made it out safely, some were trapped inside. Those who made it onto balconies found that many in the crowd below were shouting for them to burn for having shown up for work despite a call for a general strike. Firefighters could ...




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Nepal raises objection over India inaugurating crucial link road passing through Lipulekh Pass

Nepal on Saturday raised objection over India inaugurating a strategically crucial link road connecting the Lipulekh pass at a height of 17,000 feet along the border with China in Uttarakhand with Dharchula, saying this "unilateral act" runs against the understanding reached between the two countries on resolving the border issues. Nepal's Foreign Affairs Ministry in a statement said the government "has learnt with regret" about the inauguration of the link road connecting to Lipulekh pass, which Nepal claims to be part of its territory. The 80-Km new road inaugurated by Defence Minister Rajnath Singh on Friday is expected to help pilgrims visiting Kailash-Mansarovar in Tibet in China as it is around 90 kms from the Lipulekh pass. After inaugurating the road through video-conferencing, Singh said pilgrims going to Kailash-Mansarovar will now be able to complete their journey in one week instead of up to three weeks. The road originates at Ghatiabagarh and ends at Lipulekh pass, the ...




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AIIMS director rushes to Gujarat after sharp rise in COVID-19 cases, fatalities

With Gujarat reporting a large number of COVID-19 cases and fatalities, medical experts from AIIMS, including its Director Dr Randeep Guleria, have rushed to Ahmedabad to provide expert guidance to doctors there on COVID-19 management. Following directions from the Centre, Dr Guleria, who is a pulmonologist, and Dr Manish Soneja from the AIIMS department of medicine left for Ahmedabad on special Indian Air Force flight on Friday evening, official sources said. With 390 more people testing positive for COVID-19 and 24 fatalities, the total number of cases in Gujarat climbed to 7,403 and the death toll reached 449 on Friday. Of the total coronavirus cases in the state, 5,260 have been reported from Ahmedabad district alone. "They will visit the Ahmedabad Civil Hospital and SVP hospital on Saturday to provide expert guidance and advice to the doctors on treatment for coronavirus-infected patients there," a source said.




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Vande Bharat Mission: TN people stranded in foreign nations return

As many as 359 people arrived here early from Dubai in two Air India flights as part of the government's Vande Bharat Mission to bring home Indian nationals stranded in various countries. Among the passengers was a Madurai based woman whose husband died in Dubai. The body was also brought in the aircraft and she headed to the southern temple town on road from here with her spouse's body. While the first flight saw arrival of 182 people -151 men, 28 women and 3 children- there were 177 people in the second aircraft (138 men and 39 women) and the flights arrived in the wee hours of today, airport officials and Greater Chennai Corporation said. The stranded people hail from Tamil Nadu and they were working in the United Arab Emirates. On Friday night, a flight from Kuala Lumpur in Malaysia arrived at Tiruchirappalli airport with about 200 passengers. On their arrival, nasal and throat swab samples were taken for coronavirus testing at the specially set up COVID-19 kiosks at




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VP Naidu, PM Modi pay tributes to Maharana Pratap on birth anniversary

Vice President M Venkaiah Naidu and Prime Minister Narendra Modi on Saturday paid tributes to Maharana Pratap on his 480th birth anniversary, saying his patriotism will always be remembered. In his message, Naidu said Maharana Pratap was one of India's greatest warriors. "His indomitable courage, valour, leadership skills and love for motherland will always be remembered and continue to inspire every Indian," he said. Modi described the 13th king of Mewar as the great son of Mother India. "His life full of patriotism, self-respect and might will always remain a source of inspiration for the people of the country," the prime minister said. Pratap Singh, popularly known as Maharana Pratap, was born in 1540.




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Providing adequate ration to Rohingya refugees during COVID-19 lockdown: AAP govt to HC

The AAP government has told the Delhi High Court that adequate ration was being provided to Rohingya families at three camps in south and north east parts of the city during the coronavirus-induced lockdown. The submission was made by the Delhi government before a bench of Justices Manmohan and Sanjeev Narula, which was hearing a plea seeking immediate relief for the Rohingya families at settlements in Khajuri Khas in north east Delhi and Shram Vihar and Madanpur Khadar in south Delhi. Delhi government additional standing counsel Sanjoy Ghose and advocate Urvi Mohan also told the court that four hunger centres were being run near the settlements mentioned in the plea. The petitioner, Fazal Abdali, claimed that the Rohingyas at these three camps were being denied relief under the various schemes announced by the Delhi government to combat the coronavirus pandemic. The bench, however, noted that the petitioner had not given any specific particulars of the neglect faced by these families




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Guj: Migrant workers clash with police in Surat

Demanding a return passage to their home states, hundreds of agitated migrant workers clashed with the police at Mora village in Gujarat's Surat district on Saturday, an official said. Over 40 workers were detained, after hundreds of them clashed with the police and pelted stones at police vehicles in Mora village near the industrial town of Hazira, the official said. Protesting workers demanded that the district administration arrange for their travel back to their hometowns in Uttar Pradesh, Bihar, Odisha, among others, he said. Most of these labourers worked in industrial units at Hazira and lived in Mora village, the official said, adding that the police had cordoned off the area and tightened security there.




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Lockdown: Hyundai rolls out 200 vehicles from Chennai plant on first day of resuming operations

Hyundai Motor India on Saturday said its Chennai-based manufacturing facility rolled out 200 cars on the first day of resuming production. The company re-started manufacturing activities at its plant in Sriperumbudur (near Chennai) on May 8. The auto major has commenced production at the facility adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement. In line with the government's objectives of reviving the economy and company's global vision of progress for humanity, the commencement of manufacturing operations is aimed at boosting economic activities and bringing back normalcy, it added. Several industries are resuming operations in a phased manner following an over month-long shutdown due to the coronavirus lockdown.




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Thane BJP corporators refuse to contribute to COVID-19 fund

BJP corporators in the Thane Municipal Corporation (TMC) have refused to contribute to the COVID-19 relief fund, citing lack of transparency in the affairs of the civic body in Maharashtra's Thane city. Corporators from other parties have contributed Rs 5 lakh to the fund, following an appeal from Mayor Naresh Mhaske. In a letter to the Mayor, BJP leader Sanjay Waghule alleged that there was no transparency in the civic body's COVID-19 relief activities, which is why party corporators would not make any contribution to the TMC's COVID-19 fund. He further claimed that BJP corporators were not invited to the meeting called by Guardian Minister Eknath Shinde to discuss a 1,000-bed COVID-19 treatment facility. Meanwhile, the Mayor in a written communication pointed out that the BJP had welcomed the idea of a relief fund for COVID-19 and now it was backing away from it. There are 23 BJP corporators in the house of 131 corporators in the TMC.




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J-K witnesses decline in infant mortality rate

Jammu and Kashmir has been able to achieve "remarkable improvement" in multiple indicators related to maternal and child health in recent years, with a decline in infant mortality rate (IMR), an official spokesman said. The IMR has been reduced from 52 (2005) to 22 (2018), according to the latest data released by the Registrar General of India in the SRS bulletin on Friday. "The current national average of infant mortality rate stands at 32 much higher than that of J-K," the spokesman said. "The entire Health and Medical Education Department with active support from the National Health Mission (NHM) has put in strenuous efforts to provide essential newborn care at government health institutions across the Union Territory," Atal Dulloo, the financial commissioner in Health and Medical Education Department, said. Special newborn care units (SNCUs) have been established in 27 districts and other equivalent hospitals, three NICUs, newborn stabilisation units (NBSUs) and newborn care ...




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Lava resumes manufacturing operations with 20 pc capacity

Homegrown mobile phone maker Lava on Saturday said it has resumed manufacturing operations with 20 per cent capacity. "Lava has resumed production at its manufacturing facility in Noida. The company has started operating with 20 per cent of its production capacity, post receiving an approval from the state authorities. 600 out of its 3500 workforce have resumed work," Lava said in a statement. The factory has been shut since the time the government announced the coronavirus lockdown. However, it kept meeting export requirements through its facility in China, it added. The government has given permission to mobile phone companies to start work at factories but the firms are expected to face bottlenecks in component supply and worker availability. "We welcome the government's move to permit mobile phone companies to resume operations. Though, we might face some challenge due to the delayed availability of manpower & materials, we have sufficient inventory to maintain the pace of our




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Migrants clash with cops in Surat, over 100 detained

Hundreds of migrant workers came onto the streets and clashed with the police at a village in Surat district of Gujarat on Saturday to demand that they either be sent back to their home states or allowed to resume work at local industrial units to earn money, police said. The police resorted to lathicharge and fired tear gas to disperse the mob. Over a 100 workers were detained in this connection, an official said. The incident took place at Mora village near industrial town of Hazira. "Over 100 workers were detained after they took to the streets, demanding that they either be sent back home or allowed to work at the industrial units they were employed at in Hazira and paid salaries," joint commissioner of police (Sector 2) D N Patel said. Protesting workers came out of their homes in the workers' colony at Mora village and started walking in a large group towards Hazira industrial area, he said. The migrants demanded that the district administration should arrange for ..




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Mumbai: 7 officials to work on reducing COVID-19 doubling rate

In a bid to tackle the spread of coronavirus in a more effective manner, the Brihanmumbai Municipal Corporation has put additional commissioners in charge of seven zones in the city. As per the order, seven additional commissioners will work towards improving the double rate of positive cases from 10 days to 20 days by May 17. These officials will be responsible for mapping positive cases, contact tracing, strict enforcement of norms in containment zones,door-to-door surveillance,identifying senior citizens with comorbid conditions and fever clinics, the circular dated May 7 said. They will also have to facilitate operations at private nursing homes, clinics, hospitals, ensure testing of symptomatic persons and creation of COVID care centres (CCC). Additional commissioners will have to personally visit their zones every day from morning till 2 pm, attend office post 3 pm and brief the municipal commissioner at 6 pm, the order stated. Of 19,063 COVID-19 cases in ...




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Rane Holdings commences partial operations with limited manpower

Rane Holdings Ltd, part of Rane Group, has commenced partial operations at most of its plants with restricted manpower, the company said on Saturday. The city-based company had closed its plants and offices across India due to outbreak of COVID19 and in-line with instructions from Central and state governments. ".. based on the various relaxations and guidelines issued by Ministry of Home Affairs and respective State governments, the company has partially resumed its operations in most of its plants and offices with restricted manpower with effect from May 8," the company said in a filing. Rane Holdings said the continuance of operations in the places would depend on directives of local authorities issued time to time and based on incidence of COVID-19 cases in area concerned. The Tamil Nadu government had announced extension of lock-down from May 4 to 17 by allowing some restrictions towing with Centre's directive to control the spread of coronavirus. The company has six