Economists at State Bank of India pitch for loan recasts in select sectors
They said the moratorium data is not "significantly perturbing" but hit out against the "spate of unplanned and unintelligent lockdown mania" in many pockets. "It is imperative that restructuring of loan accounts in select sectors is used as a policy option after August 31, to mitigate stress," the SBI economists said in a report.
Coal executives' association calls for necessary changes in PESB selection procedure
All India Association of Coal Executives (AIACE) also de...
Spotlight on IT biggies and select midcaps: Gaurang Shah
As things turn around for better, the numbers from IT companies can only get better.
Edelweiss voluntarily withdraws from LIC pre-IPO transaction advisor selection
It had gone through the three-stage process and was among the five finalists, of which two would be selected. The other companies that are still in the race are Deloitte, Citigroup, Credit Suisse and SBICaps.
Wipro selected as strategic partner by Metro Bank to drive IT transformation
Wipro will accelerate the bank's digital journey through its 'marquee' offerings, Virtual Automation Engineer, IntelliAssure and Digital Rig. In addition, Wipro has been chosen as one of the preferred partners to deliver Business-IT services across Metro Bank functions, it was stated.
DST selects Bengaluru startup for developing COVID risk assessment app
Lyfas is an Android application in which, when one keeps the index finger on the rear camera of a mobile phone for 5 minutes, captures the capillary pulse and blood volume change and derives 95 biomarkers with proprietary algorithms and signal processing techniques.
Wipro selects Google Cloud to advance its digital transformation strategy
Talking to ET, Google' Cloud President, Robert Enslin called it a “bellwether” and said that it is one of the most innovative partnerships announced in the last year. “It crosses over cloud into artificial intelligence and machine learning and into the collaborative suite that we are working with today and will shape how we are going to interact in the future.”
Select midcaps will emerge stronger, says Neelesh Surana of Mirae Asset
The returns of the fund have been about 5x in 10 years -- our optimism sustains, and we continue to be resolute in our faith in India’s growth prospects.
Rising water crisis forces Indian farmers to rethink their crops selection
Farmers love rice and wheat primarily because of stable prices and assured state purchases. These two staples, along with another thirsty crop, sugar cane, are grown in 40% of the country’s gross farmed area but consume about 80% of its irrigation water.
Air India allowing travel agents to sell seats only on select Vande Bharat flights, alleges TAAI
"After our repeated request to your good-selves, agents were permitted to book on the GDS (global distribution system), but now inventories have been blocked and selective sectors are only being permitted. This is totally unfair and biased," it said.
Banned Club Factory, Shein, Romwe still ‘selectively’ shipping orders
Chinese etail firms could be circumventing the govt ban by offering alternative app download links.
Tata Motors brings in six-month EMI holiday scheme on select models
Under the scheme, customers can now make zero down payment, avail a six-month EMI holiday (only interest needs to be serviced monthly) and access up to 100 per cent on-road funding for a loan tenure of five years, Tata Motors said in a statement.
Fine-dine chains report sales trickling in, but say alcohol ban undoing gains
Most restaurant chains had remained closed or were operating at 50% capacity even after the government started easing lockdown restrictions. For this, they had cited the ban on serving alcohol and the 9 pm deadline to close the restaurants.
Ayodhya bhumi pujan: PM Modi, Mohan Bhagwat, Yogi Adityanath and a select few to share stage
“There will be limited number of VIPs on stage and at bhoomi pujan spot given social distancing norms and Covid-19 protocols,” a member of the trust told ET on condition of anonymity, as Ayodhya district saw its biggest single-day increase of 142 Covid-19 cases in 24 hours, taking total cases to 1,194 and active cases to 544.
Nomura stays selective; RIL, Lupin & M&M among top picks
Nomura also believes that the risk of further cut to earnings estimates remains.