Women owned-businesses in India to rise 90% in next 5 years: Report – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Businesses owned by women entrepreneurs in India are likely to witness a 90 per cent growth in the coming five years, compared to the US (50 per cent) and UK (24 per cent), according to EdelGive Foundation Report. The study, conducted across 13 states, focuses on the challenges, impact on health, […]

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Citibank India news: Citi to exit consumer banking business in India | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI: Citibank, the largest foreign lender in India, has said that it will exit consumer business in the country as it does not have the scale required to compete. The multinational bank has a host of consumer business in India, including credit cards, mortgages, and personal banking. The decision was conveyed by the […]

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LIC wage revision: Government approves 16% raise, 5-day week for LIC staff | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI: The government is understood to have finalised a 15-16% wage hike and a five-day week policy for LIC employees. The hike is understood to be in line with the wage increase for bank staff, which followed a bilateral agreement between bank unions and the Indian Banks’ Association. While the wage revision in […]

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Facebook signs first deal to buy renewable energy in India – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr SINGAPORE: Facebook has signed a deal to buy renewable energy in India from a local firm’s wind power project, the social media giant’s first such deal in the South Asian nation, the companies said on Thursday. The 32 megawatt wind power project, located in Karnataka, is part of a larger portfolio of wind […]

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covid second wave: From cash flow to labour care, companies go extra mile to tide over second wave | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: When the first wave of coronavirus infections hit the country last year, there was a large cluster at JSW’s plant in Karnataka. Wiser from the experience, it is not taking any chances this time. “We have arranged accommodation for workers involved in construction at our sites in Maharashtra and others in […]

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Infosys Q4 results: Infosys Q4 profit rises 17.5%; announces Rs 9,200 crore share buyback – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: India’s software services company Infosys posted a 17.5% jump in quarterly net profit on Wednesday, lifted by large contract wins as the Covid-19 pandemic drove digitisation efforts in multiple sectors. Bengaluru-based Infosys said its consolidated net profit climbed to Rs 5,076 crore in the three months to March 31, from Rs […]

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Covid-19: Centre in talks with industry for oxygen supply – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: The Centre is in talks with industry, especially steel plants and oil refineries, to step up supply of oxygen for meeting the requirements of Covid-19 patients. While the government has been tapping into surplus oxygen available with these sectors, over the last two-three days efforts have been initiated to get more […]

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SUV sales: SUVs beat Covid blues, sales grow 12% in FY21 – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: SUVs rolled over Covid’s crippling impact on the economy and managed to grow by double-digits in fiscal year 2020-21 even as all other segments, including small cars and sedans, two- and three-wheelers, as well as commercial vehicles, ended in the red. According to industry body Siam, SUV segment managed a 12% […]

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Central Bank of India interest rate: Got vaccine? Central Bank of India offers higher interest rate – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI: In a first, the Central Bank of India has said that it will offer depositors who vaccinate against Covid 25 basis points (100bps = 1 percentage points) higher return under a special scheme. The special rate is applicable for single dose as well. “In order to encourage vaccination under Covid, Central Bank […]

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Upstox data breach: Hackers hit India’s No.2 broker Upstox, company says ramped up security | India Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI: Hackers have breached security systems at Upstox, the country’s second largest stock broker in terms of number of customers, and stole KYC and other data of about 25 lakh of its customers. Post the data breach, the company on its website said all of the customers’ shares and funds were safe and […]

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