Vikas Dubey latest update: Over two dozen named and ‘benami’ assets linked to Dubey and his family in Uttar Pradesh and some adjoining areas, bank deposits and fixed deposit receipts are under the scanner of the central probe agency
Monthly Archives: July 2020
Netflix signs deal with WeWork for 8,860 sq ft workspace in Mumbai
The workspace will be used to execute visual effects work. Netflix will be working alongside VFX company Anibrain. Visual effect work has been in high demand in the country for the past few years. Anibrain has its offices in Pune with over 700 people on its staff
India’s economic recovery started in June, says SBI Chairman Rajnish Kumar
Speaking at the SBI Banking and Economics Conclave, Kumar said there is a need to wait for three to four months to see the trend of the recovery
SBI Chairman Rajnish Kumar says blanket moratorium extension not needed after August 31
In May, SBI had announced an extension of the moratorium by three months to August amid the ongoing coronavirus crisis
Coca-Cola India to support 48 hospitals in eight states during COVID-19 pandemic
This initiative is a part of Coca-Cola’s commitment of Rs 100 crore towards helping the healthcare system and communities to combat the crisis and contain the spread of the pandemic
RIL shares jump nearly 3%; m-cap up Rs 34,195 crore to Rs 11.9 lakh crore
The company’s market valuation surged Rs 34,195.13 crore to Rs 11,90,857.13 crore on the BSE
Adani Australia’s CEO Lucas Dow steps down
In a statement on its Facebook page on Thursday, it said that Dow will continue with the company in a non-executive role
Coronavirus: McDonald’s, Burger King, others now focus on drive-throughs, delivery to boost sales
Quick Service Restaurant (QSR) chains are quickly latching on to this trend and offering variations of the ‘take-away’ options to reach the consumer where they are
Coronavirus lockdown impact: Bad loans of top 5 private banks set to double in FY21
The slippages for five private sector banks – HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank – would be around 5 per cent for FY21, if refinancing remains a challenge
Ola’s Chief Sales and Marketing Officer, Senior Vice President quit
“Arun Srinivas, Chief Sales and Marketing Officer and Sanjiv Saddy, Senior Vice President – Corporate Affairs, are moving on to pursue other opportunities outside of Ola,” the company said