Monday, March 1, 2021

Shehzeen Khan

Moodys demotes India ranking to its lowest in 22 years

On Monday, Moody’s Investors Service demoted India’s sovereign rating to the lowest investment grade. Thus, the country’s policy-making institutions faces challenges in both- enacting and implementing policies. Further, the government could face hurdles while implementing policies with limit the...

Yes Bank Ltd : Madhu Kapur Group gives up promoter status

Yes Bank Ltd’s late co-founder Ashok Kapur’s family has officially given up its promoter status of the bank. The move has thus put an end to the rocky history between the two. Kapur’s wife, Madhu Kapur, and their children, collectively...

Trump wishes to expand “outdated” G7, pushes meeting to November

POTUS, Donald J Trump has suggested the expansion of the “very outdated group” G7. Trump suggests that India, Australia, South Korea and Russia be included in the current G7. Thus, renaming the group to G10 or G11. Further, the G7...

COVID-19 impact : TCS revenue growth slows in 2020, says N Chandrasekharan

Tata Consultancy Services has recorded only a 3.5% increase in revenue for 2020. This is massive decline compared to the double-digit rise in the 2019 fiscal. Revenue from Tata Sons, subsidiaries and associates grew only close to Rs 2656 crore....

COVID-19 : NASA licenses ventilator tech to 3 Indian companies

NASA has licensed three Indian companies to manufacture its ventilators for critical COVID-19 patients. The three companies are Alpha Design Technologies Pvt Ltd, Bharat Forge Ltd, and Medha Servo Drives Pvt Ltd. The space organisation revealed these names in a...

COVID-19 Lockdown impact : Over 6 lakh kiranas to shut shop

Leading consumer goods companies estimate over 6,00,000 kirana outlets have shut shop in the Lockdown. Reasons for stores closing vary from cash crunches to the return of owners to their villages. In addition to the simple fear that they...

Zomato makes a ‘Talent Directory’ to help place laid off employees

The recent spree of layoffs in the start-up ecosystem has given rise to companies helping in placements of laid off staff-members by going the extra mile. Food delivery giant Zomato had laid off 13% of its workforce due to the...

COVID-19 Retail Wars: Reliance Retail terminates lease agreements with Nexus

The Lockdown period brought with it a tussle over rentals between malls and retailers. Therefore, this tussle, has now pit a private equity giant and a retail giant against each other. Reliance Brands Ltd and Reliance Retail have together served...

IATA disappointed in India for absence of support for airlines

The global airline-lobbying body, IATA (International Air Transport Association), stated that it found the lack of relief for the aviation industry in the AatmaNirbhar plan, disappointing. The fact that the Rs 200 lakh crore package contained no direct financial relief...

Venkataramani Sumantran appointed as new independent director at Indigo

Chairman and Managing Director of Chennai-based Celeris Technologies, Venkatramani Sumantran, is now the independent director at IndiGo. In an official statement, the airline revealed that Sumantran shall hold the position for the next 5 years. Further, they stated that he...

About Me

45 POSTS
0 COMMENTS

Latest News

Political betting data in favour of Kamala Harris to be next US President

The punters are already betting on Kamala Harris to be the next President of the United States. According to political...

Station Casinos launches internship programme to practically train student interns

Station Casinos is looking for college students this summer who want practical experience on how to run a resort casino. Station Casinos is seeking paid interns...

Virgin Hotels Las Vegas surprises guests with No Resort Fee policy

Virgin Hotels Las Vegas is planning to kick open its property on off-Strip Las Vegas with a bang. On the date of its opening, that...

World Economic Forum report highlights agriculture as culprit for deforestation

According to a recent report published by World Economic Forum, millions of hectares of forests are lost each year. They have also pointed to the...

Payments supplier Trustly partners up with West Ham United

Payments supplier Trustly has signed an agreement with West Ham United, an English Premier League football club. As per the agreement Trsutly would be the...