Search Results for: financial institutions

IPS comments on article in the New York Times dated March 12, 2020

IPS condemns NYTimes article on Delhi riots as "dangerous innuendo, biased reporting and outright lies"

The Indian Police Service (IPS) Association condemned the article published by the New York Times dated March 12, a narrative on the conduct of police during the recent Delhi riots as a combination of "dangerous innuendo, biased reporting, and outright lies."

Mar 13, 2020

Pakistan Army soldiers refuse to go on duty after 8 officers test positive for coronavirus

The Pakistani Army has reported eight positive cases of coronavirus, showing the virus's rapid widespread across the world.

Mar 13, 2020

SBI, ICICI Bank, HDFC Bank, LIC, others to invest Rs 11,700 crore to revive Yes Bank

Public-sector undertaking State Bank of India will be joined by seven other private lenders namely HDFC Bank, ICICI Bank, Kotak Bank, Axis Bank, Damani, Jhunjhunwala, and Azim Premji Trust to pick up stake and support revival of Yes Bank. LIC has also been roped in by the RBI to revive the private-sector lender

Mar 13, 2020

Bengaluru schools, colleges, cinemas shut for a week amid Covid-19 fears: CM Yediyurappa

During an emergency meeting of State Ministers and senior officials, over Coronavirus, Karnataka Chief Minister BS Yediyurappa said that all malls, cinema halls, pubs, wedding ceremonies and other large gatherings have been banned for a week.

Mar 13, 2020

Here's why SBI cut interest rate on its saving banks account to 3%, issued AMB waiver

State Bank of India (SBI) has cut the interest rates on its savings bank account to 3 per cent and has also done away with the need for customers to maintain an average quarterly balance.

Mar 13, 2020

Deposited money is safe: RBI asks state government to stop withdrawals from private banks

The trigger of such heavy withdrawal is believed to be the Yes Bank crisis that was superseded by the RBI placed restrictions on withdrawals.

Mar 13, 2020

Flipkart, Unacademy, Meesho and Zerodha issue work from home mandate due to coronavirus

In one of corporate India's biggest work from home experiments battling the spread of coronavirus, Flipkart mandates its 11,000-strong workforce to work-from-home for the next three days. Also, Bengaluru-based startups - Fintech player Instamojo, edtech player Unacademy, Urban mobility platform Bounce, social commerce firm Meesho and Zerodha have asked their staff to mandatorily work from home.

Mar 13, 2020

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions.

Mar 12, 2020

No relief package for telcos 'under consideration': DoT to re-examine AGR documents

Ever since Mukesh Ambani led Reliance Jio Infocom entered the telecom market, the tariff has drastically reduced which in turn has affected the revenues of telecom companies

Mar 12, 2020

Amazon will be offering paid sick leaves to all employees diagnosed with Covid-19

The decision was made following Amazon's previous announcement pay hourly wages to workers that choose to support the company amid coronavirus fears.

Mar 12, 2020

Fact Check: Schools, offices not closed in Karnataka due to coronavirus

The Karnataka Govt stated that the schools, offices will run as usual and the state is prepared for any emergency

Mar 11, 2020

Jyotiraditya Scindia joins BJP: This is how Rahul Gandhi, other Congress leaders reacted

In his first remark since the unfolding of drama in Madhya Pradesh, Rahul Gandhi took a jibe at PM Modi for focussing on destabilising an elected government and not on the economy.

Mar 11, 2020

Prince Harry and Meghan Markle insulted at their final public Royal engagement?

Apparently, it had been agreed that Harry and Meghan's attendance at the Commonwealth Day service at Westminster Abbey with other senior royals would be a fitting farewell.

Mar 11, 2020

Economic impact of Coronavirus outbreak: What should global policymakers do to avert crisis?

Besides economic uncertainty that currently exists, the coronavirus outbreak will cost the global economy up to $2 trillion, according to findings in the UNCTAD report. It might trigger a recession in some countries and a deceleration of global annual growth to below 2.5 per cent.

Mar 10, 2020

Two Amazon employees tested positive for COVID-19

Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads

All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday, March 10 how the global coronavirus epidemic was extending its reach into all aspects of social and economic life.

Mar 10, 2020

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Search Results for: financial institutions

IPS condemns NYTimes article on Delhi riots as "dangerous innuendo, biased reporting and outright lies"

Pakistan Army soldiers refuse to go on duty after 8 officers test positive for coronavirus

SBI, ICICI Bank, HDFC Bank, LIC, others to invest Rs 11,700 crore to revive Yes Bank

Bengaluru schools, colleges, cinemas shut for a week amid Covid-19 fears: CM Yediyurappa

Here's why SBI cut interest rate on its saving banks account to 3%, issued AMB waiver

Deposited money is safe: RBI asks state government to stop withdrawals from private banks

Flipkart, Unacademy, Meesho and Zerodha issue work from home mandate due to coronavirus

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

No relief package for telcos 'under consideration': DoT to re-examine AGR documents

Amazon will be offering paid sick leaves to all employees diagnosed with Covid-19

Fact Check: Schools, offices not closed in Karnataka due to coronavirus

Jyotiraditya Scindia joins BJP: This is how Rahul Gandhi, other Congress leaders reacted

Prince Harry and Meghan Markle insulted at their final public Royal engagement?

Economic impact of Coronavirus outbreak: What should global policymakers do to avert crisis?

Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]