Axis Bank now confirms Rs 600 cr investment in Yes Bank

Axis Bank now confirms Rs 600 cr investment in Yes Bank

🕔21:35, 13.Mar 2020

Mumbai, March 13 Axis Bank has become the second private lender to confirm investment in the crisis-hit Yes Bank as its board has approved an investment of Rs 600 crore. In a regulatory filing on Friday, Axis Bank said that it

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DA hiked 4% for Central govt employees, pensioners

DA hiked 4% for Central govt employees, pensioners

🕔21:33, 13.Mar 2020

New Delhi, March 13  In a bonanza for about 1.13 crore Central government employees and pensioners, the Union cabinet on Friday approved a 4 per cent hike in dearness allowance (DA). The decision will be applicable from January 2020 and

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“Catch the Rain where it falls”, says U P Singh calling for mass movement on Rain Water Harvesting

“Catch the Rain where it falls”, says U P Singh calling for mass movement on Rain Water Harvesting

🕔21:31, 13.Mar 2020

The Secretary, Department of Water Resources, River Development & Ganga Rejuvenation (WR, RD & GR), Government of India, U.P. Singh, has called for decentralization in rain water harvesting campaign. Addressing the inaugural session of the workshop on “Catch the Rain:

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HDFC Bank, Kotak join Yes Bank rescue plan

HDFC Bank, Kotak join Yes Bank rescue plan

🕔21:28, 13.Mar 2020

Mumbai, March 13  HDFC Bank and Kotak Mahindra Bank joined the private banks which have come to the rescue of the crisis-hit Yes Bank. HDFC Bank on Friday said that its board has approved an investment of Rs 1,000 crore

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Union Cabinet approves Yes Bank reconstruction scheme

Union Cabinet approves Yes Bank reconstruction scheme

🕔16:46, 13.Mar 2020

SBI to invest in 49 % stakes, ICICI bank to invest 100 cr & HDFC board also investing New Delhi, March 13 The Union Cabinet on Friday approved a reconstruction plan for cash-strapped Yes Bank, under which the State Bank

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Air India EoI extended to April 30 amid COVID-19 crisis

Air India EoI extended to April 30 amid COVID-19 crisis

🕔13:45, 13.Mar 2020

New Delhi, March 13  With COVID-19 crisis escalating by the day impacting market and business sentiments, the government has extended the date for submitting the bids for buying 100 per cent stake in national carrier Air India by almost a

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SEBI ‘prepared’ to take action as markets rattled on corona crisis

SEBI ‘prepared’ to take action as markets rattled on corona crisis

🕔13:43, 13.Mar 2020

Mumbai, March 13 In a bid to calm nerves in stock markets, security market regulator SEBI on Friday said it is prepared to take ‘suitable’ action along with the exchanges when required. The statement comes on the backdrop of the recent

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COVID-19: Pvt airports for moratorium on revenue share, levying fee on air tickets

COVID-19: Pvt airports for moratorium on revenue share, levying fee on air tickets

🕔13:42, 13.Mar 2020

New Delhi, March 13  Facing pressure on their cash flows in the wake of flight cancellations by airlines due to novel coronavirus (COVID-19) pandemic, private airport operators have pitched for putting a moratorium on revenue share for at least three

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Hasina inaugurates B’desh’s 1st expressway

Hasina inaugurates B’desh’s 1st expressway

🕔13:38, 13.Mar 2020

Dhaka, March 13  Bangladesh Prime Minister Sheikh Hasina has inaugurated the country’s first-ever expressway connecting Dhaka to Faridpur’s Bhanga Upazila. Hasina inaugurated the expressway through a video conference on Thursday, reports bdnews24. The 55km-long expressway has six separate lanes for

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Nepal suspends visa-on arrival, cancels mountaineering expeditions

Nepal suspends visa-on arrival, cancels mountaineering expeditions

🕔12:29, 13.Mar 2020

Kathmandu, March 13  Nepal has temporarily suspended its visa-on arrival system till the end of April and has also cancelled all the spring mountaineering expeditions, including that to Mount Everest, as precautionary steps to combat the spread of the coronavirus,

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Coronavirus: Patna hospital cancels all staff leaves

Coronavirus: Patna hospital cancels all staff leaves

🕔12:28, 13.Mar 2020

Patna, March 13  The Patna Medical College and Hospital here has cancelled the leave of all its doctors and other staff in view of the coronavirus scare across the country. The medical staff has been asked to remain on an

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COVID-19: No IPL matches to take place in Delhi: Sisodia

COVID-19: No IPL matches to take place in Delhi: Sisodia

🕔11:45, 13.Mar 2020

New Delhi, March 13  Delhi Deputy Chief Minister Manish Sisodia on Friday made it clear that no sporting activity will take place in the national capital, including the upcoming edition of the Indian Premier League (IPL), due to the ongoing

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China’s 1st COVID-19 case traced back to Nov 2019

China’s 1st COVID-19 case traced back to Nov 2019

🕔11:30, 13.Mar 2020

Hong Kong, March 13  The first confirmed case of the novel coronavirus in China can be traced back to November 17, 2019, according to government data. Chinese authorities have so far identified at least 266 people who were infected last

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Wipro to co-develop software for retail, fashion industry

Wipro to co-develop software for retail, fashion industry

🕔07:15, 13.Mar 2020

Bengaluru, March 13  Software major Wipro on Thursday said it would co-develop software solutions for retail and fashion industry with German ERP product firm SAP and jointly market them. “The new software solutions will help retail and fashion firms to

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Australian PM calls for coronavirus calm in speech to nation

Australian PM calls for coronavirus calm in speech to nation

🕔07:12, 13.Mar 2020

Canberra, March 13  Australian Prime Minister Scott Morrison has used a landmark address to the nation to call for calm amid the novel coronavirus outbreak. Morrison on Thursday night became the first prime minister to deliver a televised national address

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Low crude rates to boost valuation of govt share in BPCL

Low crude rates to boost valuation of govt share in BPCL

🕔07:10, 13.Mar 2020

New Delhi, March 13 The government could hope to get much better valuation for its share in Bharat Petroleum Corporation (BPCL), if the current trend of low global oil prices continues well into 2020 as it will positively impact the marketing

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Cheaper food items pull Feb retail inflation down to 6.58%

Cheaper food items pull Feb retail inflation down to 6.58%

🕔07:09, 13.Mar 2020

New Delhi, March 13  Base effect, along with sequential decline in food prices eased India’s retail inflation during February to 6.58 per cent from January’s 7.59 per cent. However, the consumer price index (CPI), or retail inflation, was at 2.57

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No lunch, dinner break; LS sits over 12 hrs, touches mid night

No lunch, dinner break; LS sits over 12 hrs, touches mid night

🕔07:08, 13.Mar 2020

New Delhi, March 13  Unlike the normal proceedings, and in the row by inking another record in the history of Parliament, the Lok Sabha on Thursday conducted its business till late at night in a marathon sitting that crossed 12

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Modi, Johnson decide to coordinate efforts on coronavirus

Modi, Johnson decide to coordinate efforts on coronavirus

🕔07:06, 13.Mar 2020

New Delhi, March 13  Prime Minister Narendra Modi and his British counterpart Boris Johnson in a phone conversation on Thursday stressed on the need to coordinate international efforts to contain the coronavirus pandemic. In a statement issued by the Ministry

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India on high alert, first coronavirus death in Karnataka

India on high alert, first coronavirus death in Karnataka

🕔07:05, 13.Mar 2020

New Delhi, March 13  With Prime Minister Narendra Modi urging Indians not to panic, but stay vigilant to keep the coronavirus at bay, Thursday saw India withdrawing into a shell and fortifying its walls against the virus. It also witnessed

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