SAMACHAR- THE NEWS

World's biggest cash rollout succumbs to a Bharat on the brink

POST FORWARDED April 30, 2020

New Delhi | Mumbai: An unprecedented surge of enquiries from lakhs of daily wage earners, migrants and farm workers anxious to know if gover...

Tyre firms upbeat about demand for replacements

POST FORWARDED April 30, 2020

Tyre makers are upbeat about the demand stemming from the replacement of tyres in the second quarter and reckon that original equipment (OE)...

MG Motor retails zero units in April

POST FORWARDED April 30, 2020

MG Motor India on Friday said it retailed zero units in April as dealerships remained closed due to the nationwide lockdown to contain coron...

Rights issue, FB deal to address RIL’s debt concerns: Sharekhan

POST FORWARDED April 30, 2020

In Reliance oil and gas segment, the EBIT loss stands at Rs 485 crore, the retail segment revenues stand at Rs 2,062 crore and digital reven...

Digital retail of vehicles, subscription models to take off post Covid-19

POST FORWARDED April 30, 2020

MUMBAI: Purchasing vehicles online would trump visiting dealerships and leasing vehicles on subscription models, rather than buying them out...

Maruti Suzuki reports zero sales in April due to lockdown

POST FORWARDED April 30, 2020

NEW DELHI : The country’s largest carmaker Maruti Suzuki reported zero sales last month with factories shut in compliance with government or...

Mukesh Ambani to forgo salary, hydrocarbons staff face 10% cut

POST FORWARDED April 30, 2020

Mumbai: Reliance Industries’ chairman and managing director Mukesh Ambani will forgo his entire compensation from April 2020 as India’s bigg...

Rebound spurs rollover of April bets to May series

POST FORWARDED April 30, 2020

Mumbai: Encouraged by the 30 per cent rebound in the market from their lows on March 24, traders carried forward their bullish bets to the M...

Lockdown is costing India's auto industry Rs 2,300 crore daily

POST FORWARDED April 30, 2020

Mumbai: A 45-day factory shutdown will result in a revenue loss of over ₹1 lakh crore for the Indian automotive industry, which amounts to 0...

By May 7, states may not have new cases

POST FORWARDED April 30, 2020

NEW DELHI: Most states could stop reporting new cases of Covid-19 as soon as May 7, barring populous ones such as Maharashtra, Uttar Pradesh...

All payments via cards can now be contact-free

POST FORWARDED April 30, 2020

MUMBAI: The Reserve Bank of India has given the green signal to the country’s payment networks — Visa, Mastercard and NPCI — to allow tap-an...

FOX BIZ NEWS: Online coronavirus scams to avoid and the red flags that give them away

POST FORWARDED April 30, 2020

Online coronavirus scams to avoid and the red flags that give them away Here’s what you need to know about smishing, vishing and phishi...

Production delay set to hit auto sector's festive sales

POST FORWARDED April 30, 2020

MUMBAI: Festive-season sales of the Indian auto industry, where some segments saw volumes in FY20 slide to the lowest in a decade, could be ...

Roof solar capacity growth falls 7% in 2019

POST FORWARDED April 30, 2020

NEW DELHI: India’s renewable energy push has come under strain, with a 7% on-year fall in solar rooftop capacity building in 2019 ending an ...

FOX BIZ NEWS: Boeing won't seek coronavirus-related government aid after raising $25B

POST FORWARDED April 30, 2020

Boeing won't seek coronavirus-related government aid after raising $25B The Chicago-based jet maker credited the demand for its bon...

Companies prefer pre-litigation mediation to force majeure

POST FORWARDED April 30, 2020

MUMBAI: A swelling list of corporates has begun pre-litigation mediation discussions with law firms for faster resolution and to save costs....

FOX BIZ NEWS: Trump: Nursing homes will be carefully inspected

POST FORWARDED April 30, 2020

Trump: Nursing homes will be carefully inspected President Trump says FEMA will send supplemental personal protective equipment to all ...

Maharashtra plans clinical trials of TB vaccine BCG to treat Covid-19

POST FORWARDED April 29, 2020

MUMBAI: Scientists from the Haffkine Research Institute, along with the state’s medical education department (MED), are set to conduct a mul...

Coal India plans to employ 6,600 new staff this year

POST FORWARDED April 29, 2020

Kolkata: Coal India, the monopoly miner of the solid fuel, has firmed up plans to recruit around 6,600 people in executive and non-executive...

COVID-19: Hotel chains prepare for service protocols revamp

POST FORWARDED April 29, 2020

NEW DELHI: Mandatory mobile check- ins and check outs, cashless payments, a la carte menus, reduced banqueting and distant seating in restau...

How Facebook’s Reliance deal upends a $1 trillion digital arena

POST FORWARDED April 29, 2020

By Saritha RaiAn innocuous WhatsApp “Hi” could end up transforming a $1 trillion industry.Facebook Inc. bought its way into India’s internet...

Another round of lockdown will be devastating: Rajan

POST FORWARDED April 29, 2020

A second or third round of lockdown will be devastating for the Indian economy, former RBI governor Raghuram Rajan said today. In conversati...

FOX BIZ NEWS: Tyson Foods temporarily pauses operations at beef facility in Dakota City

POST FORWARDED April 29, 2020

Tyson Foods temporarily pauses operations at beef facility in Dakota City The facility employs 4,300 people

Strides Pharma awaiting govt nod for Favipiravir, says CEO R Ananthanarayanan

POST FORWARDED April 29, 2020

Bengaluru-based Strides Pharma Science said it has started exports of Favipiravir, which has shown to be effective in reducing recovery time...

After PM's push, more states line up AYUSH options in Covid-19 care

POST FORWARDED April 29, 2020

NEW DELHI: Following Prime Minister Narendra Modi's repeated push to the AYUSH ministry guidelines, which suggest a range of home remedi...

RBI may raise promoter cap in private banks

POST FORWARDED April 29, 2020

Mumbai: The Reserve Bank of India (RBI) is looking to raise the 15% ceiling on promoter shareholding in private sector lenders as part of ne...

India is dangerously close to the rating cliff

POST FORWARDED April 29, 2020

Mumbai: India is on the cliff ’s edge of an imminent downgrade by Moody’s and an outlook change by Fitch to negative in the backdrop of coro...

IPCA asks USFDA to clarify on Hydroxychloroquine risk

POST FORWARDED April 29, 2020

MUMBAI: Mumbai-based IPCA, the largest active ingredient manufacturer of the hydroxychloroquine (HCQ) in the world, has requested the US Foo...

Covid lockdown: With eating out in containment, home come the indulgences

POST FORWARDED April 29, 2020

Kolkata | Mumbai: Consumers in metros and cities are now buying pricier, premium and healthier food products and indulgent gourmet variants,...

Investors can track 5 key events to make healthy return to Street

POST FORWARDED April 29, 2020

ET Intelligence Group: After the lockdown ends, or is partially lifted, equity market investors would continue to be guided by five developm...

Credit risk funds lose a fifth of their assets in just 3 days

POST FORWARDED April 29, 2020

Mumbai: In the staid world of debt funds, they were the equivalent of Savile Row suits – until last week. Since Franklin Templeton abruptly ...

A lengthy lockdown is deadlier than Covid, say Narayana Murthy

POST FORWARDED April 29, 2020

Bengaluru: India could see more deaths due to hunger than from the pandemic if it continues to remain in lockdown to halt the spread of Covi...

Mission accomplished: Saving private labels in Covid season

POST FORWARDED April 29, 2020

BENGALURU: At a time when consumers are looking for low-cost options and as products from large FMCG players have become scarce on online pl...

Projects worth Rs 100 crore or more to be under CCTV monitoring

POST FORWARDED April 29, 2020

NEW DELHI: The government will monitor all construction projects worth Rs 100 crore or more through a closed circuit camera (CCTV) system at...

Contactless payments, digital loans make kiranas open doors to fintech

POST FORWARDED April 29, 2020

MUMBAI: The coronavirus pandemic might help achieve India’s stated goals of creating a less-cash economy and enhancing financial inclusion. ...

Subcontractors face the axe as IT rejigs costs

POST FORWARDED April 29, 2020

BENGALURU | MUMBAI: Indian IT services companies may reduce dependence on subcontractors to control costs, as the Covid-19 pandemic threaten...

FOX BIZ NEWS: Tesla's Elon Musk rails against government coronavirus mandates

POST FORWARDED April 29, 2020

Tesla's Elon Musk rails against government coronavirus mandates Musk blasts US coronavirus restrictions as "fascist" in a...

FOX BIZ NEWS: Investors looking to flip IHOP pancake house toasted by proxy firms

POST FORWARDED April 29, 2020

Investors looking to flip IHOP pancake house toasted by proxy firms Two influential proxy advisory firms said Dine Brands Global Inc sh...

FOX BIZ NEWS: SoftBank sees $8B loss on WeWork writedown, company says

POST FORWARDED April 29, 2020

SoftBank sees $8B loss on WeWork writedown, company says SoftBank is in a legal dispute with directors at WeWork after backing out of a...

FOX BIZ NEWS: Hilton, Wynn have phased approach to reopening their hotel doors

POST FORWARDED April 29, 2020

Hilton, Wynn have phased approach to reopening their hotel doors Hilton president and CEO Chris Nassetta and Wynn Resorts CEO Matt Madd...

Global lobbying groups call for delay to India's new digital tax

POST FORWARDED April 29, 2020

NEW DELHI: Nine lobbying groups including the U.S. Chamber of Commerce have urged India to delay a new digital tax that will hit firms such ...

FOX BIZ NEWS: Stock futures rise as oil rallies

POST FORWARDED April 29, 2020

Stock futures rise as oil rallies Boeing and Microsoft will report earnings on Wednesday

FOX BIZ NEWS: Boeing eyes major bond issue to raise funds

POST FORWARDED April 29, 2020

Boeing eyes major bond issue to raise funds The preparations reflect Boeing's confidence that it can tap the capital markets to str...

FOX BIZ NEWS: During coronavirus, small businesses face new challenges even as states reopen

POST FORWARDED April 29, 2020

During coronavirus, small businesses face new challenges even as states reopen The cost of implementing new policies to protect custome...

FOX BIZ NEWS: Trump orders meat processing plants to stay open as coronavirus ravages supply

POST FORWARDED April 29, 2020

Trump orders meat processing plants to stay open as coronavirus ravages supply “As pork, beef and chicken plants are being forced to cl...

This smallcap firm to work on Covid-19 vaccine; shares rally 20%

POST FORWARDED April 28, 2020

Shares of Hester Biosciences hit the upper circuit in Wednesday’s trade after it said Indian Institute of Technology Guwahati is collaborati...

NephroPlus to hire 2,000 workers in 12 months

POST FORWARDED April 28, 2020

Hyderabad: India’s largest network of dialysis centers NephroPlus has announced plans to hire over 2,000 clinical staff over the next 12 mon...

Over 2,00,000 H-1B workers could lose legal status by June

POST FORWARDED April 28, 2020

By Olivia Carville and Shelly BanjoManasi Vasavada has less than three weeks left before she loses her legal right to be in the US. The dent...

WhatsApp looks at lending after payments nod

POST FORWARDED April 28, 2020

BENGALURU: WhatsApp is looking at lending to its customers in India, according to one of its objectives of operations listed in its memorand...

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