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Business

Business / National / Special

Employers can layoff, retrench workers during natural calamity

April 6, 2020 - by IANS

New Delhi,  As per the provisions of the Industrial Disputes Act, 1947, it will be lawful for the employer to retrench workers or employees at any time after the expiry …

Employers can layoff, retrench workers during natural calamity Read More
With global oil prices rising, petrol/diesel rates may rise now
Business / News Update

Crude oil prices fall as ‘OPEC+’ delays meet on output cut

April 6, 2020 - by IANS

New Delhi; Crude oil prices declined on Monday as OPEC and other major oil producers including Russia delayed their meeting to discuss on output cuts. Brent crude fell near to $30 …

Crude oil prices fall as ‘OPEC+’ delays meet on output cut Read More
PepsiCo India partners with CIIF to serve 2 mln meals to marginalized
Business / National / News Update

PepsiCo India commits 25,000 testing kits, over 50 lakh meals

April 6, 2020 - by IANS

New Delhi: Extending its support to the fight against coronavirus pandemic, PepsiCo India has committed to provide 25,000 testing kits to healthcare and diagnostic facilities. Further, the company has also committed …

PepsiCo India commits 25,000 testing kits, over 50 lakh meals Read More
Business / Special

Economic recovery to take at least 2-3 quarters: PE funds

April 6, 2020 - by IANS

New Delhi, The situation during the ongoing COVID-19 will be grim and the recovery thereafter will also take time as private equity experts fear that more people will die from …

Economic recovery to take at least 2-3 quarters: PE funds Read More
Business / National / Special

COVID-19: Trump calls Modi to ask for hydroxychloroquine

April 5, 2020 - by IANS

By Arul Louis New York, US President Donald Trump has reached out to Prime Minister Narendra Modi for hydroxychloroquine, a medicine in short supply that could help with facing the …

COVID-19: Trump calls Modi to ask for hydroxychloroquine Read More
Business / National / News Update

RIL aircraft ferries 6,000 PPE kits to Mumbai

April 4, 2020 - by IANS

New Delhi, An aircraft of Reliance Industries Limited (RIL) has flown in 6,000 personal protection equipment (PPE) kits or coveralls for the frontline health workers in Mumbai fighting the Covid-19 …

RIL aircraft ferries 6,000 PPE kits to Mumbai Read More
Business / International / News Update

IMF chief warns of recession worse than 2008 global financial crisis

April 4, 2020 - by IANS

Geneva, International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned of a recession worse than the global financial crisis back in 2008. “We’re now in recession, it is way …

IMF chief warns of recession worse than 2008 global financial crisis Read More
Equity indices rise ahead of monetary policy announcement
Business / News Update

Equity market falls, Sensex drops below 28,000 mark

April 3, 2020 - by IANS

Mumbai: Indian stock market fell over 1 per cent on Friday morning, with the BSE Sensex trading below the psychological level of 28,000. The decline was in tandem with the Asian …

Equity market falls, Sensex drops below 28,000 mark Read More
Business / News Update

Facebook announces $40mn to help small businesses in US

April 3, 2020 - by IANS

San Francisco: Facebook has announced $40 million in grants for 10,000 small businesses in the US to help them get through these challenging time. The grants will go to small businesses …

Facebook announces $40mn to help small businesses in US Read More
US dollar slips as risk appetite improves
Business / International / Special

US dollar climbs amid recession fears

April 3, 2020 - by IANS

New York, The US dollar gained in late trading on Thursday as worries of a possible coronavirus-fuelled global recession boosted the demand for the currency. The dollar index, which measures …

US dollar climbs amid recession fears Read More

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