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Home  Business

Business

Expect system to stabilise this week: Infosys on I-T portal glitch

Expect system to stabilise this week: Infosys on I-T portal glitch

  • OYO, Airbnb, Yatra, EaseMyTrip join hands to form industry body

    A statement from the newly-formed body noted that the Covid-19 crisis presents a unique opportunity to collaborate on reviving the industry and only progress upwards from here on.
  • SucSeed invests in anti-money laundering startup IntelleWings

    IntelleWings’ EYE is an AML (Anti-Money Laundering) 360 software, which takes care of all AML needs.
  • Zenoti raises $80 million, valuation touches $1.5 billion

    Zenoti powered more than 12,000 businesses in over 50 countries and is a leading software for salon and spa businesses.
  • India loses 5-7% of GDP due to corrosion: International Zinc Association       

    The association also stressed upon the need for immediate and appropriate measures by authorities to control further damage.        
  • RBI money printing should be last option, govt can consider Covid bonds: Subbarao

    Subbarao said instead of borrowing in the market, the government could raise a part of its borrowing requirements by issuing Covid bonds to the public.
  • Canon India unveils new line up of photo printers

    The new PIXMA G570, PIXMA G670, PIXMA PRO-200 and imagePROGRAF PRO-300 are priced at Rs 18,789, Rs 24,801, Rs 41,401 and Rs 59,621, respectively, and will be available from June.
  • Telangana govt recommends Uniken’s platform to secure State mobile apps

    State government departments and agencies which are using mobile applications for service delivery can benefit greatly from this technology, says Jayesh Ranjan
  • Govt hikes paddy MSP by Rs 72/quintal to Rs 1,940 for 2021-22 crop year

    The decision taken by the Cabinet headed by Prime Minister Narendra Modi will help farmers take a call on which kharif (summer) crop to grow.
  • CBI carries out searches in Yes Bank case

    The case has been registered on a complaint, dated May 27, 2021, from Chief Vigilance Officer of the Bank Ashish Vinod Joshi.
  • Gold declines Rs 92, silver tumbles Rs 414

    In the international market, gold was trading marginally higher at USD 1,893 per ounce and silver was flat at USD 27.65 per ounce.
  • Banking stocks power markets to rise; global cues positive

    Accordingly, India's benchmark indices had a gap-up opening and continued to maintain their gains.
  • Rockwell collaborates with Dr Reddy’s for Sputnik V vaccine

    In addition to storage, Rockwell will provide end-to-end logistics and after sales service support for the vaccine freezers across India
  • ISB inks pact with University of Sydney Business School

    Joint initiatives being planned include a dual master’s degree, which would be delivered at both the institutions, executive education programmes, as well doctoral student mobility
  • Rupee slips 13 paise to 73.02 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened at 72.90 against the dollar, then slipped 13 paise to 73.02 against the American currency.
  • Samsung develops 8nm RF chip process technology

    Samsung said its 8nm foundry will deliver 5G single-chip RF solutions supporting sub-6-gigahertz to millimeter wave spectrum.
  • Power consumption grows 12.6 pc in first week of June

    According to experts, the recovery in power consumption and demand was slow in the first week of June due to the low base of last year.
  • Michelin to hike tyre prices

    This increase in prices is effective June 18 for India and July 1 for the Middle East region and is applicable to all Michelin group brands.
  • World Bank projects India to grow at 8.3 per cent in 2021

    "India's recovery is being hampered by the largest outbreak of any country since the beginning of the pandemic," the World Bank said.
  • Instamojo aims to enable e-commerce for one lakh D2C brands by year-end

    Last year, Instamojo had acquired GetMeAShop (GMAS), an e-commerce enablement firm backed by Times Internet.
  • Bank of Baroda to sell 46 NPA accounts to recover Rs 597 cr

    The lender, in a notification, said it intends to sell these NPA accounts to asset reconstruction companies (ARCs) / banks / NBFCs or other financial institutions (FIs) on 100 per cent cash basis.
  • RBI asks banks not to destroy CCTV recordings of demonetisation period

    The government had demonetised the then in circulation high value currency notes of Rs 500 and Rs 1,000 on November 8, 2016, with an aim to check black money.
  • Oxfam India, Microsoft partner for Covid relief

    Oxfam India will setup three pressure swing adsorption (PSA) technology-based oxygen plants, provide oxygen/ ICU beds and medical equipment.
  • General insurance sector may see 7-9 pc growth in GDPI in FY22: Report

    In 2020-21, the industry's total GDPI grew four per cent y-o-y to Rs 1.85 lakh crore.
  • State-owned banks getting ready for privatisation may come out with VRS

    Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India are some of the names that may be considered for privatisation by the Core Group of Secretaries on Disinvestment.
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