Tata Trusts commits Rs 500 crore to fight COVID 19 outbreak
New Delhi/IBNS: In a bid to fight against COVID 19 outbreak in India, Tata Trusts has committed Rs. 500 crores to all affected communities.
Indian Rupee ends strong at 74.88 against USD
Mumbai/UNI: Rupee on Friday closed at 74.88, registering a major gain of 35 paise against the greenback on the selling of dollars by bankers and exporters, dealers at the forex market said.
Canara Bank extends its support to customers
Kolkata/IBNS: Canara Bank, as a socially responsible organisation is always at the forefront to extend its support to its customers. In the wake of Covid-19 crisis, Customers are advised to stay safe and connect to the Bank through various digital modes.
Visit Bank branches only for urgent needs : AIBEA to customers
Hyderabad/UNI: All India Bank Employees' Association (AIBEA) on Wednesday appealed to customers to visit bank branches only for their urgent needs.
COVID-19: Flipkart shuts operations temporarily
Bengaluru/UNI: Walmart-owned Flipkart on Wednesday said that it was suspending its operations temporarily as India entered into a 21-day lockdown to contain the spread of Covid-19 pandemic.
MG Motor India announces donation of Rs. 2 crore towards medical aid
New Delhi/IBNS: MG Motor India on Tuesday announced a donation of Rs. 2 crore for the government hospitals and health institutions providing medical assistance in Gurugram and Halol (Vadodara), where the carmaker’s facilities are located – to ensure the health and well-being of the medical staff and underprivileged sections of society.
Global economy to contract 1.5 pct in 2020 amid COVID-19 outbreak: IIF
Washington/Xinhua/UNI: The global economy is expected to contract 1.5 percent in 2020 amid the ongoing COVID-19 outbreak, according to the forecast released by the Institute of International Finance (IIF) on Monday.
Bangalore/IBNS: Considering the recent developments on the COVID-19 outbreak in the country, on 22nd March Toyota Kirloskar Motor said it has voluntarily decided to temporarily halt production in its plant in Bidadi, Karnataka.
Amid lockdown over COVID-19, Sensex, Nifty witness biggest loss ever
Mumbai/IBNS: Amid the spike in the number of positive cases of COVID-19, the Indian market on Monday witnessed an all-time low with Sensex losing 3,934 points to 25,981 and Nifty closing at 1,135 points lower at 7,610.
Fight against COVID 19: Mahindra to make ventilators
New Delhi/IBNS: Mahindra Group chairman Anand Mahindra has said the company immediately begin work to explore how its factories could make ventilators.
Ola offers coverage of up to Rs 30,000 for driver-partners and their spouses hit by Coronavirus
Kolkata/UNI: Ola, India’s largest mobility platform and one of the world’s largest ride-hailing companies, on Saturday shared that it would cover loss of income for driver-partners and their spouses in case they test positive for COVID-19.
RED FM gives industry awards participation a miss amid economic slowdown and Coronavirus outbreak
Kolkata/IBNS: Considering the present market slowdown and the hurt on economy due to the Coronavirus outbreak, one of the private radio networks in India, 93.5 RED FM has taken a conscious decision of not participating in industry awards this year owing to the current market scenario.
ICICI Lombard launches a dedicated insurance cover for Coronavirus
Mumbai/IBNS: ICICI Lombard, India’s leading private sector non-life insurance company has rolled out a focused ‘COVID-19 Protection Cover’.
Almost 25 million jobs could be lost worldwide as a result of COVID-19, says ILO
New York/IBNS: The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO).
New York/IBNS: As dire forecasts about the global economy add to the anxiety surrounding the COVID-19 pandemic, the UN’s labour agency (ILO) on Thursday offered a range of urgent measures, which, if governments act quickly, can help to protect workers in the workplace, stimulate the economy and save millions of jobs.