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Wednesday, 30 June 2021
New IT rules make sense, curb abuse, says Facebook India chief
American internet giant Facebook has thrown its weight behind India’s new IT Rules, and has said that they “make sense” while empowering users and limiting their abuse on social media, India MD Ajit Mohan has told TOI.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3jsW1fY
Sebi tightens norms on independent directors
In an attempt to give more power to non-promoting shareholders in a company, markets regulator Sebi on Tuesday said that two-thirds of the members of the nomination & remuneration committee (NRC) and the audit committee (AC) of the board of a listed company should be independent directors.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3x698Hz
'IT Rules make sense': Facebook backs new regulations
American internet giant Facebook has thrown its weight behind India's new IT Rules, and has said that they "make sense" while empowering users and limiting their abuse on social media, India MD Ajit Mohan has told TOI. The fresh affirmation comes months after the company termed the government's move to formulate policy and rules around content moderation as "a legitimate scrutiny", where it also emphasised that respect for Indian laws is "non-negotiable".
from Times of India https://ift.tt/3jsW1fY
from Times of India https://ift.tt/3jsW1fY
Sebi tightens norms on independent directors
In an attempt to give more power to non-promoting shareholders in a company, markets regulator Sebi on Tuesday said that two-thirds of the members of the nomination & remuneration committee (NRC) and the audit committee (AC) of the board of a listed company should be independent directors. Currently, rules say that a majority of the members of these two important committees of the board should be independent directors.
from Times of India https://ift.tt/3x698Hz
from Times of India https://ift.tt/3x698Hz
Breaking News Live: Four killed, 1 hurt in cylinder blast in Delhi
Stay here for real-time updates on breaking news from India and across the world that you can't miss
from Times of India https://ift.tt/3x7UakC
from Times of India https://ift.tt/3x7UakC
PM-led meet decides to fast-track policy to tackle drone threats
from Times of India https://ift.tt/3w5lYVw
Parliamentary panel gives Twitter two days’ time
Taking umbrage at Twitter's decision to block the account of information technology minister Ravi Shankar Prasad, the Lok Sabha Secretariat on Tuesday sought a written explanation from the social media firm in two days on why it temporarily blocked the minister on its platform.
from Times of India https://ift.tt/35YRfyv
from Times of India https://ift.tt/35YRfyv
In a first, 5 Indian pharma majors ally for Covid drug trials
In a first, five Indian pharma majors have joined hands to conduct phase-III clinical trials of investigational anti-viral drug Molnupiravir on mild Covid-19 patients. The companies include Dr Reddy's Laboratories Ltd, Cipla Ltd, Sun Pharmaceutical Industries Ltd, Torrent Pharmaceuticals Ltd and Emcure Pharmaceuticals Ltd.
from Times of India https://ift.tt/3qzK8pO
from Times of India https://ift.tt/3qzK8pO
Stocks dry up, vax drive in Rajasthan, Chhattisgarh and Karnataka stalls
The nationwide Covid vaccination drive has been halted or severely slowed down in at least three states - Rajasthan, Chhattisgarh and Karnataka - as they have run out of stocks.
from Times of India https://ift.tt/3y49cYE
from Times of India https://ift.tt/3y49cYE
Narada case: Calcutta high court order on Didi plea today
from Times of India https://ift.tt/3jweQP9
Euro 2020: Ukraine beat Sweden 2-1 to enter last 8
Artem Dovbyk's header in the 121st minute sent Ukraine through to a Euro 2020 quarter-final clash with England on Saturday as they beat Sweden 2-1 after extra time in Glasgow. Ukraine squeezed through to the last 16 despite taking just three points in the group stage, qualifying in part because Sweden beat Poland to top Group E ahead of Spain.
from Times of India https://ift.tt/3hkJOXH
from Times of India https://ift.tt/3hkJOXH
'IT Rules make sense': Facebook backs new regulations
American internet giant Facebook has thrown its weight behind India's new IT Rules, and has said that they "make sense" while empowering users and limiting their abuse on social media, India MD Ajit Mohan has told TOI. The fresh affirmation comes months after the company termed the government's move to formulate policy and rules around content moderation as "a legitimate scrutiny", where it also emphasised that respect for Indian laws is "non-negotiable".
from Times of India https://ift.tt/3w0iFyR
from Times of India https://ift.tt/3w0iFyR
Brazil to suspend Covaxin deal as graft allegations probed
The deal to buy 20 million doses of Bharat Biotech's Covaxin shot has become a headache for Bolsonaro after whistleblowers went public with alleged irregularities. One health ministry official said he alerted the president about his concerns.
from Times of India https://ift.tt/3jsiJoo
from Times of India https://ift.tt/3jsiJoo
DCGI gives emergency use nod to Moderna’s vaccine
Indian pharma major Cipla will “facilitate” the import of Covid vaccines donated by US biotech major Moderna, possibly in the near future, under licence for restricted use by India’s drug regulator DCGI. In parallel, Cipla is also pursuing a separate tie-up with the US firm to undertake large-scale fill-and-finish, distribution and commercialisation of Moderna’s messenger or mRNA vaccines
from Times of India https://ift.tt/3hgL7Hn
from Times of India https://ift.tt/3hgL7Hn
Govt sets max monthly limit for vaccine stock in pvt hospitals
Private hospitals have to place orders for vaccines on CoWin and cannot directly procure it from manufacturers, July 1 onwards. The Centre has also devised a formula to decide the 'maximum monthly limit' of stocks that a private vaccination centre can purchase to ensure a level-playing field.
from Times of India https://ift.tt/3A5RRjX
from Times of India https://ift.tt/3A5RRjX
England reach Euro 2020 quarters to end Germany curse
Raheem Sterling and Harry Kane fired England into the Euro 2020 quarter-finals as they sealed a 2-0 win against Germany that ended decades of hurt at the hands of their bitter rivals on Tuesday. In the 55 years since England beat the Germans in the World Cup final, the Three Lions had endured a painful litany of defeats against Die Mannschaft when the stakes were highest.
from Times of India https://ift.tt/3drIWj0
from Times of India https://ift.tt/3drIWj0
Musk set to invest up to $30 billion in Starlink
Billionaire entrepreneur Elon Musk said Tuesday he plans to invest up to 30 billion dollars to develop his ambitious Starlink satellite internet service. Starlink plans to deploy thousands of low-orbit satellites to provide high-speed internet to isolated and poorly connected areas.
from Times of India https://ift.tt/3y7sDQs
from Times of India https://ift.tt/3y7sDQs
After Cairn, Devas sues Air India to recover $1.5 billion award
Shareholders in Devas Multimedia have sued Air India in an effort to recover sums Devas won in arbitration awards against the Indian government and seize its flagship carrier's foreign assets, according to a US district court filing.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2UdNRxm
Tuesday, 29 June 2021
Covid-19: Loss of lives was 40% higher in 2nd wave
When it comes to mortality among hospitalised patients, data collated by a private hospital chain reveals that the second wave was far more fatal than the first wave.
from Times of India https://ift.tt/3x40jhE
from Times of India https://ift.tt/3x40jhE
Faceoff: NHRC team attacked in Bengal, Netizens say 'this is actual fascism'
A National Human Rights Commission (NHRC) team was allegedly attacked by goons in West Bengal’s Jadavpur on Tuesday.
from Times of India https://ift.tt/3h42zQw
from Times of India https://ift.tt/3h42zQw
T20 World Cup to be held from Oct 17 to Nov 14: ICC
This year's T20 World Cup, which has been moved to the UAE and Oman from India due to the COVID-19 pandemic, will be played from October 17 to November 14, the ICC announced on Tuesday. The ICC statement came a day after BCCI intimated the governing body that the event can be moved out of India. The upcoming edition will be the first men's T20 World Cup played since 2016.
from Times of India https://ift.tt/3jmbaiY
from Times of India https://ift.tt/3jmbaiY
‘I begged for our lives but they didn’t spare even my baby’
A 10-month-old baby nestled in her mother’s arms was kicked to the ground by two Jaish-e-Muhammed terrorists, one of them identified as a Pakistani, during Sunday night’s attack in Pulwama that almost wiped out the immediate family of special police officer Fayaz Ahmad Bhat (50).
from Times of India https://ift.tt/3hvYvYn
from Times of India https://ift.tt/3hvYvYn
Facebook representatives depose before parliamentary panel
Facebook India officials Tuesday deposed before the Parliamentary Standing Committee on Information Technology on the issue of misuse of social media platforms.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3AjQdvh
More affordable Tata Tiago XTO variant launched in petrol engine option
In March this year, Tiago's AMT equipped mid-spec variant XTA was introduced at Rs 6 lakh (ex-showroom, Delhi).
from Auto News – The Financial Express https://ift.tt/3A7Oj0t
from Auto News – The Financial Express https://ift.tt/3A7Oj0t
Speeding Audi crashes into auto-rickshaw in Cyberabad: One dead, accused arrested
Three have reportedly been arrested, while the auto-rickshaw driver has been hospitalised and in critical condition. The passenger of the auto-rickshaw was reportedly killed in the incident.
from Auto News – The Financial Express https://ift.tt/3jx2giu
from Auto News – The Financial Express https://ift.tt/3jx2giu
Cabinet may soon clear proposal for government guarantee to bad bank
The Union Cabinet may soon clear a proposal to provide government guarantee to security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad loans.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3w6otGZ
Skoda Kushaq Variants Explained: What each variant offers
The Skoda Kushaq has been launched, but we have a sneaking suspicion that Skoda may have overpriced itself. Starting at Rs 10.5 lakh and topping out at Rs 17.6 lakh, we break down all three trims and their variants to see how they differ.
from Auto News – The Financial Express https://ift.tt/3hiJRDC
from Auto News – The Financial Express https://ift.tt/3hiJRDC
SBI ATM, branch withdrawal & cheque services to get costlier
From July 1, State Bank of India (SBI) will levy charges for cash withdrawal beyond four free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3drOeet
Half of India's working population credit active: Report
Half of the country's working population of 400 million people is credit active, having at least one loan or credit card, a report by a credit information company (CIC) said on Tuesday.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3doDpd3
New Range Rover Sport SVR launched in India: Packs 575hp, costs Rs 2.19 crore
Range Rover Sport SVR is the most powerful and the fastest Land Rover yet coming from Jaguar Land Rover’s Special Vehicle Operations.
from Auto News – The Financial Express https://ift.tt/3doHU7u
from Auto News – The Financial Express https://ift.tt/3doHU7u
Soaring petrol, diesel prices pose threat to Indian recovery and inflation
Indian pump prices are in unchartered territory as ever-increasing government levies coincide with crude’s recovery from the depths of the Covid-19 pandemic.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3dnfESs
It's not a package, but another sham: Rahul slams govt's stimulus measures
The Congress on Tuesday hit out at the govt over the stimulus measures announced by it to support the pandemic-hit economy, with former party chief Rahul Gandhi saying no family can spend the economic package on its daily needs and it was nothing "but another sham". P Chidambaram said the answer to this "crisis" is to spur demand by putting money in the hands of the people.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3h2G7qP
Facebook to publish interim compliance report as per IT rules on July 2, final report on July 15
Social media giant Facebook on Tuesday said it will publish an interim report on July 2 as mandated by the IT rules, and provide information on the number of content it removed proactively between May 15-June 15.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3jllOqc
How Beijing humbled Britain's mighty HSBC
HSBC has for more than 150 years been a force in banking in Greater China – its initials stand for The Hongkong and Shanghai Banking Corporation Limited. The London-based bank's troubles were initially sparked by its role in a high-profile US case against Huawei's chief financial officer. Beijing was enraged that the bank had provided information in 2017 about Huawei to the US.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3w0Dytz
Petrol price spikes to Rs 104.90 in Mumbai, diesel at Rs 96.72
Petrol and diesel prices on Tuesday touched a record high in Mumbai as it is retailing at Rs 104.90 per litre in the city and diesel at Rs 96.72 a litre. As compared to Monday, petrol have become costlier by 34 paise per litre and diesel by 30 paise per litre.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2UF1TrQ
Future workplace will be work from home-office hybrid
The pickup in the Covid vaccination drive has encouraged several organisations to raise queries with consultants on whether the process of returning to office can begin. However, what's increasingly becoming clear - and large companies are setting an example - is that a 'hybrid' workplace is going to be the way forward.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3x2SQzi
Facebook wins antitrust dismissal, surges to $1 trillion value
A US judge on Monday dismissed the blockbuster antitrust action against Facebook filed last year by federal and state regulators, helping lift the value of the social media giant above $1 trillion for the first time. The US District Court of Washington, DC dismissed the cases which could have rolled back FB's acquisition of Instagram and the messaging platform WhatsApp.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3xgFYFK
Google services down for some users: Report
Multiple users complained about an outage affecting Alphabet Inc's search engine Google as well as its streaming and email services, according to outage monitoring website Downdetector.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3A8TRI9
Covid relief: No big fiscal dent seen
The government's relief measures unveiled on Monday are unlikely to leave a large fiscal dent, although a higher subsidy bill for food and fertiliser, announced earlier, is expected to result in some slippage. While the government pegged the impact of the series of steps at a little under Rs 6.3 lakh crore, it refrained from giving any estimate of the cost of the string of measures.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3gZsAAq
Skoda aims to sell 30,000 cars in 2021, with Kushaq contributing 70% of sales
The Kushaq, priced Rs 10.5 lakh to Rs 17.6 lakh, ex-showroom, is the first all-new product under Volkswagen Group’s India 2.0 Project announced in 2018.
from Auto News – The Financial Express https://ift.tt/3h1S2oG
from Auto News – The Financial Express https://ift.tt/3h1S2oG
Switzerland opens doors for fully vaccinated Indian travellers
Switzerland has become the first country to open its doors for fully vaccinated visitors from post second Covid wave India. What’s more, there is no need to quarantine on arrival for the desi travellers who have got both jabs of Covishield.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3qDM3d1
Monday, 28 June 2021
Skoda Kushaq vs Hyundai Creta vs Kia Seltos: Price, Variants, Specs, Features compared
Skoda Kushaq has finally entered the battlefield to rub shoulders against the likes of Hyundai Creta and Kia Seltos in the highly competitive compact SUV segment. Here's how the three fare against each other on paper!
from Auto News – The Financial Express https://ift.tt/2SyvUcn
from Auto News – The Financial Express https://ift.tt/2SyvUcn
Mahindra XUV700 teased again: To feature largest sun roof in segment
Once launched, Mahindra XUV700 is likely to get both petrol and diesel-powered versions and it will also have AWD capabilities.
from Auto News – The Financial Express https://ift.tt/3haqug0
from Auto News – The Financial Express https://ift.tt/3haqug0
FM announces new set of relief measures: Highlights
Finance minister Nirmala Sitharaman on Monday announced a new set of relief measures to empower the sectors that have been impacted by the Covid-19 pandemic. The minister announced Rs 1.1 lakh crore loan guarantee scheme for Covid affected sectors. The minister also announced Rs 50,000 crore for healthcare sector aimed at scaling up medical infrastructure targeting under reserved areas.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/35UMUwz
Centre raises guarantee on business loans to Rs 4.5 lakh crore
The government will expand guarantees on loans to businesses to Rs 4.5 lakh crore from an earlier limit of Rs 3 lakh crore, finance minister Nirmala Sitharaman said on Monday.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2TbOh72
India to issue free 5 lakh tourist visas
The first 5 lakh tourist visas issued once India allows entry to this category of visitors will be issued free of charge. And government-recognised travel agents and tour guides will now be eligible for loan of up to Rs 10 lakh and Rs 1 lakh, respectively, without any processing charges or additional collateral requirement.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3haj5gI
Govt announces Rs 1.1L cr loan guarantee scheme
Finance minister Nirmala Sitharaman on Monday announced Rs 1.1 lakh crore loan guarantee scheme to boost growth in sectors impacted by the Covid-19 pandemic. Announcing a fresh set of relief measures, finance minister Nirmala Sitharaman said that the scheme will will enable the medical infrastructure and health sector to raise loans at a lower interest rate of 8 per cent to 8.25 per cent a year.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2SybiRx
Has Skoda outpriced itself in India with the overpriced Kushaq? Simply ‘not’ clever
With a starting price of Rs 10.50 lakh (ex-showroom), the Skoda Kushaq range starts costs more than two of its prime rivals namely Hyundai Creta and Kia Seltos. Why this, in our opinion, goes against the company's tagline!
from Auto News – The Financial Express https://ift.tt/3jgsBl0
from Auto News – The Financial Express https://ift.tt/3jgsBl0
SAT stays Sebi's order on Franklin Templeton
Franklin Templeton Asset Management (India) on Monday said the Securities Appellate Tribunal (SAT) has stayed Sebi's order, whereby the regulator had barred the asset management firm from launching any new debt scheme for two years.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3jyFW8z
Maruti Suzuki expands subscription service to four more cities: Swift at Rs 14,176 per month
Maruti Suzuki Subscribe car leasing platform provides the customers with an added option of choosing between white or black registration plates.
from Auto News – The Financial Express https://ift.tt/3h0xoW1
from Auto News – The Financial Express https://ift.tt/3h0xoW1
High court refuses to stay new IT rules regulating digital news media
The Delhi high court Monday refused to stay the new Information Technology rules which seek to regulate digital news media, saying it was not in agreement with the petitioners on passing such an order at this stage.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2T6SKYW
Ferragamo picks Burberry's Marco Gobbetti as its new chief
Italian luxury group Salvatore Ferragamo said on Monday it had chosen Marco Gobbetti, the outgoing CEO of British group Burberry, as its new chief executive.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3x35C0H
2021 Ford Ecosport facelift spied testing in India: Updated looks, more features likely
While there are no interior images to suggest the same, we assume that Ford will move to a bigger touchscreen infotainment system, wireless charging and Android Auto as well as Apple CarPlay compatibility
from Auto News – The Financial Express https://ift.tt/2ULHAJu
from Auto News – The Financial Express https://ift.tt/2ULHAJu
Uber CEO delivers food orders in US, gets $100 in a day
Uber CEO Dara Khosrowshahi delivered food to customers ordering through the Uber Eats app in San Francisco. "Spent a few hours delivering for UberEats. 1. SF is an absolutely beautiful town. 2. Restaurant workers were incredibly nice, every time. 3. It was busy!! 4. I'm hungry - time to order..." Khosrowshahi tweeted on Sunday.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3y1clby
Skoda Kushaq finally hits the streets: Creta, Seltos rival launched at Rs 10.5 lakh
The Kushaq is the first Skoda to be designed specifically for the Indian market. It is based on the MQB-A0 IN platform and will be offered with 1.0-litre and 1.5-litre TSI petrol engines.
from Auto News – The Financial Express https://ift.tt/3x46dPL
from Auto News – The Financial Express https://ift.tt/3x46dPL
Mandate for dual airbags in existing vehicles pushed to December 2021
Previously, the ministry had proposed 1 April 2021 as the date for implementation of the move for new models, while it was pushed to 1 June 2021 for existing models.
from Auto News – The Financial Express https://ift.tt/3hcKYof
from Auto News – The Financial Express https://ift.tt/3hcKYof
Dodla Dairy shares list at over 28% premium on D-Street
Shares of Dodla Dairy on Monday jumped over 28 per cent in its debut trade against the issue price of Rs 428. The stock listed at Rs 528, reflecting a premium of 23.36 per cent against the issue price on BSE. As trade progressed, it jumped 48 per cent to Rs 633.60.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3vYBBxF
Even gold-obsessed Indians are now pouring billions into crypto
The cryptocurrency aficionados’ mantra that Bitcoin is equivalent to digital gold is winning converts among the world’s biggest holders of the precious metal.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3xY7fgj
Accenture attrition rises to 17% as demand for services grows
Accenture’s attrition jumped to 17% in its third quarter (March-May), compared to 11% in the year ago quarter, as demand for new age skills rise with companies engaged in massive digital transformations.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3xWMba0
Wipro arm buys aerospace mfg facility in US for $31m
Wipro Givon USA, an arm of Wipro Infrastructure Engineering, is buying the Washington manufacturing facility of Boeing supplier TECT Aerospace Group Holdings for $31 million.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3w0tzEA
Haryana government pays IL&FS Rs 1,925 crore metro project dues
IL&FS has recovered Rs 1,925 crore from Haryana Shehari Vikas Pradhikaran (HSVP), the state’s urban planning agency, as interim termination payment in the Gurgaon Metro Project case. This payment follows the Supreme Court’s March 26, 2021 order that ruled in favour of IL&FS in the metro case.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3h1Ct0x
Has bankruptcy law failed homebuyers?
Four years ago, Kanupriya was among the 20,000 homebuyers in Jaypee Infratech’s project in Noida who was hoping that an early resolution will help her take possession of the apartment she had booked in 2012. She is still waiting as the resolution process – monitored directly by the Supreme Court – seems to have entered the final leg.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ULPDGb
Distressed hotels pin hopes on travel revival
Mid-market hospitality player Lords Hotels & Resorts was bullish on its new management contract property in South Goa that had opened in October 2019. Just as the 110-room property was beginning to get a foothold on Varca Beach, the pandemic struck.
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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3quZRX4
2021 Skoda Kushaq India Launch LIVE: Creta, Seltos rivalling SUV’s expected price, specs, features, variants
Skoda Kushaq 2021 Launch in India, New Skoda Kushaq SUV On Road Price LIVE Updates: The Kushaq is all set to enter a highly competitive segment that is currently dominated by big players like the Hyundai Creta and the Kia Seltos. Catch all the happenings from the launch event right here!
from Auto News – The Financial Express https://ift.tt/2UazHgb
from Auto News – The Financial Express https://ift.tt/2UazHgb
Sunday, 27 June 2021
Many e-commerce firms have blatantly flouted laws of land: Piyush Goyal
All ecommerce companies should follow the law of the land and do not use muscle or money power to hurt Indian interests as many of these large online firms have come into India and "very" blatantly flouted the laws of the land, in more ways than one, Commerce and Industry Minister Piyush Goyal said on Saturday. He said that many of the practices which these companies follow are against the interest of consumers.
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Financial watchdog bans crypto exchange Binance in UK
Britain's Financial Conduct Authority (FCA) ordered cryptocurrency exchange Binance to stop undertaking any regulated activity in the country, saying the firm lacked authorization. The exchange would not be allowed to undertake any regulated activities without the prior written consent of the FCA, the watchdog said in a statement dated Saturday.
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Twitter grievance officer for India quits just weeks after appointment
Twitter's interim resident grievance officer for India Dharmendra Chatur has stepped down, leaving the micro-blogging site without a grievance official as mandated by the new IT rules to address complaints from Indian subscribers, according to a source. The social media company's website no longer displays his name.
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NTPC eyes 60 GW renewable capacity by 2032
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IBBI 'inadvertently' puts out Aadhaar, PAN info of creditors on website; removes them later
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Gold imports jump multi-fold to $6.91 billion in April-May on low base effect
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Indian economy poised for recovery in FY22: SBI Chairman
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Cabinet secy-led panel holds crucial meeting on bank privatisation
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India's coal import rises 30% to 22 million tonnes in April
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Cairn to target more state cos to recover money due from govt
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Saturday, 26 June 2021
'No resumption of DA, DR from July 1 for central govt staff'
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Microsoft says new breach discovered in SolarWinds hackers probe
Microsoft said on Friday an attacker had won access to one of its customer-service agents and then used information from that to launch hacking attempts against customers.
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Petrol crosses Rs 100 in TN after steep hike in fuel rates
Petrol price soared past Rs 100-a-litre mark in Tamil Nadu after fuel prices were hiked again on Saturday. Petrol and diesel prices were hiked by 35 paise per litre each - the steepest in recent times, according to a price notification of state-owned fuel retailers.
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Rising world food prices causing concerns among people: IMF
Global food prices have rallied to multi-year highs, triggered by Covid-19 pandemic-related supply chain disruptions and soaring transport costs, the International Monetary Fund (IMF) has said.
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AR/VR firms support digital auto sales
This automotive visualisation firm has now collaborated with Citroen to offer prospective buyers real-time 3D product visualisation, starting with the new C5 Aircross SUV.
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Tesla 'recalls' vehicles in China for online software update
Chinese regulators said on Saturday Tesla Inc would 'recall' nearly 300,000 China-made and imported Model 3 and Model Y cars for an online software update related to assisted driving, with owners not required to return their vehicles.
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In Covid year, banks see record profit of Rs 1 lakh crore
The banking sector has recorded its highest ever profits of Rs 1,02,252 crore in FY21, a year when the economy was battered by the pandemic. This is a significant turnaround compared to a net loss of nearly Rs 5,000 crore for the industry in FY19.
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Ola close to launching its electric scooters
Ola Electric looks to be close to launching its electric scooters, going by CEO Bhavish Aggarwal's tweets over the past few days. His latest tweet, on Thursday, sought suggestions on paint schemes.
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Some hotels in India up for sale: Vikram Oberoi
The Covid-ravaged hospitality sector could soon see big M&As with several stressed owners wanting to exit the business by selling to the Big Boys.
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