E-commerce enabler Bikayi raises Rs 15 cr from global investors

E-commerce enabler Bikayi raises Rs 15 cr from global investors

🕔13:00, 31.Aug 2020

New Delhi, Aug 31  Y Combinator-backed e-commerce enabler Bikayi on Monday said it has raised a seed round of $2 million (around Rs 15 crore) from a clutch of international investors including Mantis ventures, a venture capital fund promoted by

Read Full Article
Pranab Mukherjee’s health deteriorates

Pranab Mukherjee’s health deteriorates

🕔13:00, 31.Aug 2020

New Delhi, Aug 31  Former President Pranab Mukherjee’s health deteriorated on Monday and he is in a septic shock due to lung infection, the Army Research and Referral Hospital said. He has been hospitalized for the past 21 days and

Read Full Article
India thwarts fresh transgression by China at Pangong lake

India thwarts fresh transgression by China at Pangong lake

🕔12:25, 31.Aug 2020

New Delhi, Aug 31  India has thwarted China’s provocative military movements to change the status quo at the Pangong Tso in Eastern Ladakh. The troop casualties on both sides are yet to be confirmed. A brigade commander-level flag meeting is

Read Full Article
Moderna to supply 40mn doses of Covid-19 vaccine to Japan

Moderna to supply 40mn doses of Covid-19 vaccine to Japan

🕔11:11, 31.Aug 2020

New York, Aug 31  The US-based biotech company Moderna has confirmed talks to supply 40 million doses of its potential Covid-19 vaccine to Japan. Under the terms of this arrangement, the vaccine, mRNA-1273, would be supplied by Moderna and distributed

Read Full Article
India again breaches 78K-mark, tally mounts to 36L

India again breaches 78K-mark, tally mounts to 36L

🕔11:09, 31.Aug 2020

New Delhi, Aug 31 India recorded 78,512 fresh Coronavirus cases in the past 24-hours continuing its unabated surge of highest daily infections as the national tally mounted to 3,621,245, revealed Health Ministry data on Monday. With 971 more deaths, the toll

Read Full Article
US FDA may fast track Covid vax before Phase-3 trials complete

US FDA may fast track Covid vax before Phase-3 trials complete

🕔08:28, 31.Aug 2020

New York, Aug 31  After Russia and China, the US drug regulator is now willing to consider giving emergency authorisation to a Covid-19 vaccine even before the end of crucial Phase-3 trials, according to the head of US Food and

Read Full Article
Covid: Maha records 16K-plus cases again but deaths below 300

Covid: Maha records 16K-plus cases again but deaths below 300

🕔08:27, 31.Aug 2020

Mumbai, Aug 31  For the second straight day, Maharashtra recorded over 16,000 Covid-19 cases even as the state death toll dropped below the 300 mark after almost a week, health officials said here on Sunday. At 16,408 new cases, the

Read Full Article
Won’t let students’ precious academic year be wasted:Nishank

Won’t let students’ precious academic year be wasted:Nishank

🕔08:26, 31.Aug 2020

New Delhi, Aug 31  Amid the furore over the holding of JEE and NEET exams next month, Union Education Minister Ramesh Pokhriyal ‘Nishank’ said that his Ministry is fully prepared for safe conduct of both these exams and is committed

Read Full Article
Unlock 4: ‘List of Metro stations for restoring services to come soon’

Unlock 4: ‘List of Metro stations for restoring services to come soon’

🕔08:20, 31.Aug 2020

New Delhi, Aug 31  A list of stations where Metro travel services are being restored is being prepared and will be made public soon, the Delhi Government said on Sunday, day after the Centre allowed the service in Unlock 4.0

Read Full Article
Govt signals thaw with assurance to review Air India pilots pay cut

Govt signals thaw with assurance to review Air India pilots pay cut

🕔08:16, 31.Aug 2020

New Delhi, Aug 31  Signalling a thaw in the interface between Air India pilots and the government, Civil Aviation Minister Hardeep Puri has given an assurance to the pilots that he will review the disproportionate pay cut as well as

Read Full Article
GMR Infra to seek shareholders’ nod to raise Rs 5,000 cr

GMR Infra to seek shareholders’ nod to raise Rs 5,000 cr

🕔08:14, 31.Aug 2020

Mumbai, Aug 31  GMR Infrastructure will seek its shareholders’ approval to raise up to Rs 5,000 crore through securities, in its annual general meeting on September 21. In a regulatory filing on Sunday, the company said that it plans to

Read Full Article
Banks asked to refund charges collected on UPI transactions

Banks asked to refund charges collected on UPI transactions

🕔08:12, 31.Aug 2020

New Delhi, Aug 31 The government has directed banks to refund charges, including merchant discount rate (MDR), if any, collected on UPI transactions on or after January 1, 2020. With an aim to promote digital transactions, the Centre in December

Read Full Article
Coal India aims to be commercially viable: Chairman

Coal India aims to be commercially viable: Chairman

🕔08:10, 31.Aug 2020

New Delhi, Aug 31  Coal India Chairman Pramod Agrawal has said that the company envisions to be a commercially viable company. The Chairman’s statement in the company’s Annual Report said that the public sector unit’s vision is to ensure that

Read Full Article
Power Grid to seek shareholders’ nod for raising Rs 10k cr via bonds

Power Grid to seek shareholders’ nod for raising Rs 10k cr via bonds

🕔08:08, 31.Aug 2020

New Delhi, Aug 31  Power Grid Corporation will seek its shareholders’ approval in its upcoming Annual General Meeting on September 22, to raise Rs 10,000 crore from the domestic market through bonds under private placement during the financial year 2021-22.

Read Full Article
Central revenues more impacted than GST revenue: Centre to states

Central revenues more impacted than GST revenue: Centre to states

🕔08:04, 31.Aug 2020

New Delhi, Aug 31  As several states continue to oppose the borrowing options proposed in lieu of the GST compensation, the Centre has told states that central revenues have been under greater strain compared to GST revenue. In a letter

Read Full Article
GAIL to look for growth in petrochemicals, renewable

GAIL to look for growth in petrochemicals, renewable

🕔08:01, 31.Aug 2020

New Delhi, Aug 31  State-run GAIL (India) Ltd will look for growth in areas including petrochemicals, renewables among others, said the company’s CMD Manoj Jain. The CMD’s message to the shareholders in the company’s annual report said that gas will

Read Full Article
Yediyurappa flags-off Bengaluru-Solapur RO-RO train

Yediyurappa flags-off Bengaluru-Solapur RO-RO train

🕔07:53, 31.Aug 2020

Bengaluru, Aug 31  Karnataka Chief Minister B.S. Yediyurappa flagged off the roll-on/roll-off (RO-RO) train service from Nelamangala in Bengaluru’s northwest outskirts to Solapur, Maharashtra ferrying trucks loaded with goods, an official said on Sunday. “The RO-RO train with 42 loaded

Read Full Article
MRP display compliance on e-commerce platforms improves: Survey

MRP display compliance on e-commerce platforms improves: Survey

🕔07:49, 31.Aug 2020

New Delhi, Aug 31  Compliance of the regulations for display of maximum retail price (MRP) of products by e-commerce platforms has improved, according to a LocalCircles survey. Around 65 per cent of the respondents, who shopped online in the last

Read Full Article
GMR Group to work towards expansion of airport business

GMR Group to work towards expansion of airport business

🕔07:14, 31.Aug 2020

Mumbai, Aug 31  GMR Group will work towards expanding its footprint in the airport business in the long term, said G.M. Rao, Chairman of the group. His message to the shareholders in the annual report of GMR Infrastructure said that

Read Full Article
Vocal for local toys: PM Modi stresses on making India toy hub

Vocal for local toys: PM Modi stresses on making India toy hub

🕔13:45, 30.Aug 2020

New Delhi, Aug 30  Noting that the global toy industry is worth over Rs 7 lakh crore but India’s share is very small in the sector, Prime Minister Narendra Modi on Sunday gave a clarion call to be “vocal for

Read Full Article