COVID-19 impact on business not 'materially adverse' so far: Nestle India
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The company also does not see any “specific challenge in terms of its capital or financial resources†or any “significant deviation in profitabilityâ€
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Electronics incentive schemes launched
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Three schemes approved in March, with a ₹48,000-crore outlay, to boost manufacturing of mobiles
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Moody's lowers major Indian corporates' ratings to 'negative'
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The list includes Indian state owned energy firms and private sector majors like RIL, TCS and Infosys
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Sumantran joins IndiGo board
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The board of directors of InterGlobe Aviation Ltd. (IndiGo) has appointed Venkataramani Sumantran as an independent director for a period of five ye
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Telecom regulator moots national numbering plan
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Recommends 11-digit mobile numbers, among other things
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Uber India to lay off 600 people
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Company employs about 2400 people in the country.
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Glenmark to conduct phase-3 'FAITH' trial in hospitalised patients with moderate COVID-19 infection
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Glenmark to commence new phase 3 clinical trial on combination of two anti-viral drugs in hospitalised patients of moderate COVID-19 in India
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TVS Motor implements temporary pay cuts for employees
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Salaries to be reduced at executive level, barring entry level workmen, from May till October this year
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Coronavirus | CREDAI writes to PM, seeks immediate relief for realty sector
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The industry body has pitched for additional institutional funding, waiver of penal interest and customer-centric tax treatment of real estate, among others.
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Debt MFs too carry risk
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Simply put, debt schemes invest in fixed income securities and generate returns by earning interest income.
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Why a proposal form is sacrosanct
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Insured, nominees have to live with its consequences once the form is signed
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Aditya Birla MF suspends fresh inflows into two debt schemes
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Fund house does not want to dilute them as ‘significant gains have been made’
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Colgate-Palmolive sales drop
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Board declares interim dividend of ₹16
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Cabinet okays NBFC liquidity plan
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Scheme is a non-starter, says industry body FIDC
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Ola to layoff 1,400 staff as COVID-19 pandemic hits revenues
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Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95% in the last two months due
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Telecom tariffs still unsustainable: Airtel
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Telco hopeful that ARPUs will rise
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ALL chief for structured policy intervention for CV sector
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The Centre should come out with a structured policy intervention for the commercial vehicles (CV) sector, which has been worst-hit due to prolonged sl
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Bharti clocks '5,237 crore loss
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Average revenue per user for Q4 rises to ₹154 from ₹123
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Reliance Industries to repay debt worth '40,000 cr. from proceeds of rights issue
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Issue size is ₹53,125 crore; investors may pay 25% at the time of subscription
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Sovereign Gold Bonds, a substitute for physical gold
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These are issued by the govt.
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Coronavirus package | Traders unhappy with stimulus plan
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CAIT says it will seek the immediate intervention of the Prime Minister.
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'Aviation sector measures on expected lines'
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MRO hub plan will help save forex and enable local overhauling of planes
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Coal, mineral reforms to help reduce imports
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Coal sector will get a boost as private parties can now bid for 50 blocks: CARE Ratings
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Coronavirus impact: Exports plunge 60.28% in April
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Imports too tumbled by 58.65%
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Zomato to lay off 13% workforce
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Upto 50% pay cut and making work from home a permanent feature also on the cards.
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