Under the health management system, electronic health records, DIGI...
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PB Fintech records a net profit of Rs 60.59 crore in Q4FY24
The company, which also operates online credit marketplace...
Max Financial suffers a loss of Rs 52.45 crore in Q4FY24
Max Life Insurance achieved new business Margin (NBM) of 26.5% in...
India declines proposal to test Sputnik-V COVID-19 vaccine in large study
The recommendations by an expert panel of the Central Drugs Standard Control Organisation (CDSCO) noted that safety and immunogenicity data from early-stage studies being conducted overseas is small, with no inputs available on Indian participants.
India may close some of its coal plants as focus shifts to climate change
Efforts in India to close old coal plants have gathered pace amid rising outcry against air pollution and deepening concerns over climate change. Besides the environmental benefits, the shut downs can also boost the use of more-efficient facilities that have remained under-utilised for years.
DHFL fraudulently undervalued its insurance subsidiary:Grant Thornton’s audit report
According to the auditor’s report, the Rs 2,150.84 crore-fraud was in relation to the undervalued and fraudulent nature of certain agreements entered into by the DHFL when the company sold its stake in Pramerica Life Insurance Ltd to DHFL Investments Ltd (DIL), as per a regulatory filing.
India Inc fundraising jumps 64% to Rs 1.1 lakh crore in August
When it comes to raising funds through public issuance in August, Rs 6,096 crore was raised through rights issue and Rs 11.5 crore by SMEs’ initial share-sales. There was no public issue of corporate bonds in the month of August 2020.
COVID-19: 72,049 new cases take India’s virus tally to 67,57,131
The COVID-19 case fatality rate has further declined to 1.55 per cent.
There are 9,07,883 active cases of coronavirus infection in the country which comprises 13.44 per cent of the total caseload, the data stated
According to the ICMR, a cumulative total of 8,22,71,654 samples have been tested up to October 6 with 11,99,857 samples being tested on Tuesday.
Single-day spike of 61,267 COVID-19 infections, 884 fatalities: Health Ministry
The fatality rate due to the coronavirus infection was recorded at 1.55 per cent.
According to ICMR, a total of 8,10,71,797 samples have been tested until October 5 with 10,89,403 samples being tested on Monday.
Axis Bank to offer pay hikes up to 12%
HDFC Bank Managing Director and Chief Executive Officer Aditya Puri has assured employees of the country’s largest private sector lender that their jobs and bonuses are secure.The pay rises come as the coronavirus pandemic forces some local and global peers to cut jobs and pay. Many Indian lenders are seeking to save costs as the coronavirus is expected to push soured assets to a two-decade high
Subhendu Bal elected as new President of Institute of Actuaries
Elaborating his action plans, Bal said,;“Our immediate focus would be conducting the examination online and also introducing the new designed website to make it more user-friendly. We will also prioritize enhancing our Actuarial Job Portal to expand employment horizons for actuaries, both in traditional as well as non-traditional areas”
Recovery in domestic air passenger traffic continues in Sept: Icra
The average number of passengers per flight during September was 98, as against an average of 133 passengers per flight in September 2019, said Shah, adding, therefore, it is expected that the domestic industry operated at a passenger load factor (PLF) of about 63 per cent in the previous month as against 85.5 per cent in September 2019
Govt scraps requirement of min 7 year continuous service for enhanced family pension
Further, the family of armed forces personnel who died within 10 years before October 1, 2019, without completing continuous service of seven years, would be getting the enhanced ordinary family pension,