Business

01 Jun

AirAsia’s initiative – AirAsia RedPass.

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AirAsia India launched a specialinitiative, the 'AirAsia RedPass'. It is to acknowledge the contribution made by doctors in handling the COVID-19 pandemic. As part of this initiative, AirAsia India will give away 50,000 free seats on flights across its domestic sectors to doctors as a gesture of gratitude for their commendable efforts in support of the nation. Doctors can submit their contact details and desired sector and date of travel between 1 July to 30 September with their registration number or ID as proof on https://air.asia/GCs2R. The RedPass would be valid for a one way flight for the successful applicant…

01 Jun

Electricity generation in India falls at a slower pace.

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Electricity generation in India fell at a slower pace in May compared to the previous month, as higher temperatures lead to greater demand for residential power and the government eased some lockdown restrictions to control the spread of the coronavirus.Overall electricity generation fell 14.3 per cent in May, an analysis of provisional government data by news agency Reuters showed, compared with a decline of 24 per cent in April.Despite higher consumption by residential consumers, power use was lower as many industries and commercial establishments - which account for over half of the country's annual consumption - were shut or not…

01 Jun

India’s unemployment rate in May rose to 23.48 per cent.

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India's unemployment rate in May rose to 23.48 per cent, marginally lower from 23.52 per cent in April, according to data released by the Centre for Monitoring Indian Economy (CMIE) on Monday, reflecting the impact of coronavirus pandemic.The country has reported 190,535 coronavirus cases, with 5,394 deaths.The country's infrastructure output, contributing nearly 40 per cent in industrial production, contracted 38.1 per cent in April from a year earlier, the worst performance in years, government data showed on Friday.

01 Jun

Domestic stock markets soared more than 3 per cent on Monday.

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Domestic stock markets soared more than 3 per cent on Monday as the country geared up to further open its economy after a months-long lockdown to curb the spread of the coronavirus pandemic. The S&P BSE Sensex surged to as high as 33,673.83, up 1,249.73 points from its previous close, having started the session at 32,906.05. The broader NSE Nifty 50 benchmark climbed to as high as 9,931.60, after opening stronger at 9,726.85 compared to its previous close of 9,580.30. Gains across sectors pushed the markets higher, led by banking, financial services, automobile and metal shares.

01 Jun

CoronaVirus Outbreak : Setback to Business Could be Serious , Infosys.

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Infosys said Covid-19 led slowdown has resulted in termination of projects and may hit the company’s profitability going forward. The Bengaluru-headquartered IT services exporter has highlighted the pandemic could be a major risk going forward as key clients across the US, Europe and other prominent markets may cut costs due to prolonged economic impact. The economic slowdown or other factors affecting the economic health of the U.S., the U.K., the EU and Australia are expected to cast a gloom on the financials of the Indian IT services giant. Infosys, on account of its revenues being concentrated in a few geographies,…

31 May

Glenmark to distribute Candid powder.

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Glenmark Foundation, the CSR arm of Glenmark Pharmaceuticals, has partnered with NGO RISE Infinity Foundation to distribute Candid dusting powder samples and alleviate common skin conditions. This is in support of police authorities working on the front lines of the coronavirus outbreak. Together, the partners will reach out to more than 50,000 law enforcement personnel across 12 cities in India including Guwahati. As part of this partnership, Glenmark will provide the powder products for each city, while RISE Infinity Foundation will coordinate the delivery through their network of Partners, local NGOs and volunteers. Over the years, Candid has rapidly gained…

30 May

TECNO Spark 5 available on Amazon

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Siliguri: The global premium smartphone brand TECNO launched yet another all-round performer TECNO SPARK 5 under its Spark series. Priced at Rs 7999, TECNO Spark 5 becomes the first in the under 8K segment to offer 13MP quadruple rear camera set-up and a BIG 6.6” Dot-In display. TECNO SPARK 5 is loaded with features like a quadruple rear-camera set-up that comprises of 13MP primary rear camera with F1.8 aperture, a 2MP depth lens perfectly suited for portraits, while 2MP Macro lens to capture the tiniest of details. SPARK 5 also flaunts a 6.6” Dot-in Display; a feature available for the…

30 May

Nissan’s plan for growth and profitability

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A four-year plan has been unveiled by Nissan Motor Co., Ltd. aiming to achieve sustainable growth, financial stability and profitability by the end of fiscal-year 2023. During the four-year plan period, Nissan will take decisive action to transform its business by streamlining unprofitable operations and surplus facilities, alongside structural reforms. The company will also reduce fixed costs by rationalizing its production capacity, global product range and expenses. Through disciplined management, the company will prioritize and invest in business areas expected to deliver a solid recovery and sustainable growth. Makoto Uchida, Nissan chief executive officer, said, “Our transformation plan aims to…

30 May

Pampers’ campaign: #WelcomeToTheWorld

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Kolkata: #WelcomeToTheWorld - leading diapers brand Pampers released this heart-warming film. Building on the insight that no matter the uncertainty that surrounds her, a mother is engulfed with hope and a deep sense of positivity when she holds her baby for the very first time, the film shares a mother’s wish for her child during this time of uncertainty. This film hopes to spread a ray of reassurance that babies are being born into a world that is filled with love, courage, and unity. Pampers deeply understands the shifting realities of new parenthood in this unprecedented times. The film portrays…

30 May

Online training on Covid-19 Critical Care

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Mumbai: To assist health care professionals augment skills in critical care in the management of Covid-19, Tata Trusts and the Tata group have tied up with two renowned medical institutions. These are Christian Medical College (CMC) Vellore and Care Institute of Health Sciences (CIHS) Hyderabad. The curated 22-hour on-line training programmes are meant for specific staff chosen by identified hospitals and are provided free of cost. CMC Vellore’s method trains and develops master trainers, who in turn can coach wider groups in their respective facilities. CIHS Hyderabad’s method directly trains small groups. Both the institutions have designed their programmes such…