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Monthly Archives: June 2020

EPFO adds 1.39 crore subscribers in last two fiscals

Net addition to the subscriber base surged from 61.12 lakh added in FY19 to 78.58 lakh in FY20, a 28 per cent growth

Posted byJune 22, 2020Posted inAudio

Tensions with China may impact India’s medium term outlook: Fitch Ratings

The recent tensions between New Delhi and Beijing arising out of the border issue may not have immediate effect on India’s credit profile, but it could distract the government from executing the announced policy reforms and impact medium-term outlook, says Fitch Ratings

Posted byJune 22, 2020Posted inAudio

CBI launches probe into alleged Rs 5 crore fraud in Karnataka State Handicraft Development Corporation

The CBI has registered the FIR on a complaint from the chief manager of SBI alleging that an assistant manager had opened a current account number — 7828879815 — of KSHDC, on its application, at Hesarghatta Road Branch

Posted byJune 22, 2020Posted inAudio

RIL to hold 43rd Annual General Meeting on July 15

RIL also has fixed July 3 as the “Record Date” for determining the members eligible to receive dividend for FY20

Posted byJune 22, 2020Posted inAudio

Tata Motors sees 17% jump in gross debt despite Rs 6,500 crore equity infusion by Tata Sons

The consolidated net debt of the automotive business went up to Rs 48,282 crore compared to Rs 28,391 crore. It went up to Rs 50,065 crore in September 2019 before the slight decrease

Posted byJune 22, 2020Posted inAudio

Niti Aayog member wants govt to stop importing raw materials for bullet-proof vests from China

This assumes significance as the clamour for boycott of Chinese goods has been growing louder ever since the violent clash broke out between the Indian and Chinese armies in the Galwan Valley last week

Posted byJune 22, 2020Posted inAudio

‘Be unified and helpful’: Ratan Tata calls to stop online hate, bullying

“I believe this year specially calls for all of us to be unified and helpful and is not the time to pull each other down,” Tata said

Posted byJune 22, 2020Posted inAudio

PNB plans to hit capital markets in fourth quarter to raise funds

The public sector lender plans to raise funds to meet its growth and regulatory requirements, PNB Managing Director S S Mallikarjuna Rao said

Posted byJune 22, 2020Posted inAudio

Coronavirus drug update: Cipla, Hetero to launch Remdesivir at Rs 3,000-6,000

Cipla plans to launch the drug in a couple of days, while Hetero’s drug is expected to hit the market in a week

Posted byJune 22, 2020Posted inAudio

Coronavirus crisis: Tata Motors, JSW Steel & Hindalco put off capex amid uncertainty in economic recovery

Tata Motors’ auto division in India has reportedly dropped its capital expenditure by almost 56 percent to Rs 1,500 crore for the current year

Posted byJune 22, 2020Posted inAudio

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