In battle against the COVID-19 crisis, employees of the country's largest lender, State Bank of India (SBI) have decided to contribute an additional amount of Rs 7.95 crore to the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund. ....

The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex rising over 500 points. ....

Union Finance Minister Nirmala Sitharaman on Sunday announced eased corporate regulations, greater private participation in the economy and increased social spending budget to mitigate the economic fallout of Covid-19 outbreak. ....

India has achieved a major milestone in its fight against COVID-19 as two large companies Reliance Industries Limited (RIL) and Johnson & Johnson collaborated as part of a social contract with National Institute of Virology and Textiles Ministry to get a Made in India testing swab in 10 days at 10 per cent cost of what was being imported from China. ....

In an impetus to Prime Minister Narendra Modis Local ke liye Vocal call, domestic brand Lava on Saturday announced to shift its entire mobile R&D, design and manufacturing for the export market from China to India within next six months, announcing to invest overall nearly Rs 800 crore in the due course of time. ....

Finance Minister Nirmala Sitharaman on Friday said that the Centre will launch a Rs 10,000 crore scheme for formalisation of micro food enterprises (MFEs). ....

Ride-hailing app Uber has laid off nearly 3,700 employees or about 14 per cent of its workforce via multiple Zoom calls and each call lasted less than three-minutes, with a common message: "Today will be your last working day with Uber". Uber lays off 3,700 workers over 3-minute long Zoom calls ....

Hit hard by the Covid-19 pandemic, Zomato CEO Deepinder Goyal on Friday announced to lay off nearly 13 per cent of its workforce; over 600 employees, via Zoom calls, along with salary cuts for the rest of the employees for at least the next six months starting June, with higher cuts going up to 50 per cent for people in senior roles. ....

The key Indian equity indices fell on Friday morning with the BSE Sensex falling below the psychological 31,000 mark. ....

Sensing adverse impact on the livelihood of street vendors due to COVID-19 pandemic, the Centre on Thursday announced Rs 5,000 crore special credit facility to benefit nearly 50 lakh such vendors. ....