Stimulus helps Indian firms boost financial health post COVID-19 second wave
New Delhi: Unprecedented stimulus spending seems to be helping in the recovery of the financial health of Indian companies after a deadly second wave of the COVID-19 pandemic, media reports said.
Thomas Cook, SOTC launched a travel scheme among concerns
Chennai/UNI: With the decline in the second COVID-19 wave and acceleration of vaccine drives, Indians are showing an increasingly positive travel sentiment.
PepsiCo Foundation in partnership with SEEDS India provides oxygen concentrators in Bengal's Howrah
Kolkata/UNI: Continuing with its efforts to fight the Covid-19 pandemic and helping the communities in need, PepsiCo Foundation has announced a series of community relief outreach programs for West Bengal in partnership with Sustainable Environment and Ecological Development Society (SEEDS) India.
GST Council reduces tax on equipment, meds to fight Covid19
New Delhi/IBNS: The Goods and Services Tax Council Saturday slashed taxes on medicines, medical equipment needed in hospitals and other items used to fight Covid-19.
COVID-19 impact: Vehicle sales down by 65 pc in May
New Delhi/UNI: COVID-19 induced lockdowns and other restrictive measures in various states have led to a sharp decline in domestic automobile sales figure in May 2021, data released by Society of Indian Automobile Manufacturers (SIAM) on Friday showed.
New Delhi / Rourkela/IBNS: Ispat Nidan Kendra – the newly developed state-of-the-art Jumbo COVID Treatment Centre of SAIL, Rourkela Steel Plant (RSP) was inaugurated by Steel Minister Dharmendra Pradhan through virtual mode on Wednesday.
Black Fungus medicine exempted from tax, Centre decides at GST Council meet
New Delhi/IBNS: Amid the rising cases of Black Fungus, the medicine to treat the disease-Amphotericin B-has been exempted from integrated goods and services tax (IGST), the goods and services tax council decided in a meeting held on Friday after a gap of eight months.
Ambuja Neotia Group and ICICI Lombard jointly open a 58-bed COVID Care Centre in New Town
Kolkata: Ambuja Neotia and ICICI Lombard jointly announced the opening of ‘Vinod Neotia Covid Care Centre’, a 58-bed first-line COVID care facility in New Town.
Jindal Stainless commits support to families of employees lost to COVID-19
New Delhi: Aligned to its people-first ethos, Jindal Stainless on Friday announced a policy to extend all-round support to immediate family members of all its employees, including those working in its subsidiaries, who lost their lives to the current pandemic.
Monetary expansion or printing of money: Uday Kotak on ways to revive COVID-19-hit economy
Mumbai/New Delhi/IBNS:Kotak Mahindra Bank CEO, Uday Kotak, has proposed a few ways to the central government to carve a path out of the economic downslide caused by COVID-19 pandemic and subsequent lockdown.
Ola completes vaccination for over 50% of its employees and their dependents
Kolkata: Ola, a mobility company, on Wednesday announced that it has successfully administered the first dose of vaccinations for over 50 percent of its employees and their dependents.
India's crude oil imports to drop in May as lockdown restrictions hit oil demand: Report
New Delhi/IBNS: Indian refiners are likely to reduce crude imports in May amid the second wave of coronavirus infection in contrast to April when refiners met all their import commitments but the the full impact of the crisis will get reflected only in May numbers, according to S&P Global Platts Analytics.
RBI Guv Shaktikanta Das asks pvt banks to strengthen their balance sheets
Mumbai/IBNS: RBI Governor Shaktikanta Das in a meeting with the MD & CEOs of some private sector banks on Tuesday through video conference asked them to continue focussing on efforts to further strengthen their balance sheets proactively.
COVID: IMF proposes vaccination of 40 per cent of population in all countries by 2021 end
New Delhi/IBNS: Amid the devastation of the economy due to COVID-19 pandemic, the International Monetary Fund (IMF) has proposed the vaccination of 40 per cent of the total population in all countries by the end of 2021.
PVR launches care package for employees amid Covid-19
Mumbai/IBNS: India's film exhibitor PVR Ltd has launched a care package to help its employees tide over the second wave of Covid-19 pandemic.