India

Pharma powers Indian shares to three-month closing high

The NSE Nifty 50 index, which has recovered ground after taking a hit from worries about a violent border clash with China last week, ended up 0.65% at 10,311, its highest since March 11.

Jun 22, 2020

Beware of fake job offers: How Facebook user averted major airline job scam

No job interview conducted, but Shagzil Khan's friend gets an offer letter from Indigo Airlines selected as a ground staff at the Rajiv Gandhi International Airport Hyderabad, soon followed by a call from the impostor seeking Rs.2500 as a deposit for issuance of ID card and other materials. Should such hoaxes be believed?

Jun 22, 2020

UK visa applications centres in India to re-open only for passport return | All details here

The health and safety of staff and customers remain the priority, the British High Commission in India wrote on the re-opening of the VACs.

Jun 22, 2020

How lack of global leadership is greatest threat in fighting coronavirus: WHO

He did not elaborate but the WHO has been criticised by some members states, especially the United States which says it was too weak, too slow and too "China-centric" in tackling the disease.

Jun 22, 2020

Ahmedabad: Patel brothers, who survived on 26 credit cards, ended lives due to financial stress

Police probing the case stated that repaying credit card and home loans due to lack of income might be the reason for the extreme step.

Jun 22, 2020

Indian Institute of Management - Ahemdabad

IIM Study proves stronger insolvency and bankruptcy framework likely to enhance credit discipline in firms

An IIM study by Prof Balagopal Gopalakrishnan and Prof Sanket Mohapatra using a cross-country dataset finds that a stronger insolvency and bankruptcy framework can enhance a firm's credit discipline and reduce the risk of future debt default.

Jun 22, 2020

Minister of Administrative and Bureaucratic Reform (Indonesia), Tjahjo Kumolo

Should India take cues from Indonesia and lay off unproductive civil servants during the work-from-home period?

The Indonesian government is contemplating reducing the number of unproductive civil servants during the work-from-home period, on the grounds that productive workers are overloaded with more work forced upon them, which their lazy colleagues fail to deliver.

Jun 22, 2020

Nokia to cut a third of jobs at French arm Alcatel-Lucent

Finland's Nokia Oyj plans to cut 1,233 jobs at its French subsidiary Alcatel-Lucent International, equivalent to a third of the unit's workforce, the group said on Monday, confirming an earlier Reuters report.

Jun 22, 2020

BS Yediyurappa meeting on COVID-19 rise in cases on 22nd June 2020

Carry phones or face legal action: Karnataka Minister R Ashoka assures stricter measures in containment zones

Karnataka's Revenue Minister said after the meeting on the COVID-19 spike with the CM that those in containment zones must always carry their phones, else should be ready to face legal action.

Jun 22, 2020

Army Chief to visit Leh, Kashmir to take stock of ground situation

Indian Army Chief General Manoj Mukund Naravane will visit Leh and Kashmir to take stock of the ground situation this week.

Jun 22, 2020

Earthquake of magnitude 5.5 jolts NE, damages buildings in Mizoram

The IMD official said that the tremor hit eastern Mizoram's Champhai area, adjoining Myanmar, and several parts of the mountainous state at 4.10 a.m. on Monday morning.

Jun 22, 2020

Telangana BJP chief Bandi Sanjay arrested for protest against TRS govt's handling of Covid

Bandi Sanjay Kumar, the chief of BJP's Telangana unit and other leaders were arrested by the Hyderabad police on Monday after they tried to lay siege to the directorate of health to protest.

Jun 22, 2020

Paytm ropes in Anubhav Sharma, NCPI's UPI head amid rising competition from Google Pay, PhonePe

Anubhav Sharma, who was heading the Unified Payments Interface and Immediate Payment Service at the National Payments Corporations of India, has joined Paytm. However, his exact role at Paytm Payments Bank is yet to be ascertained.

Jun 22, 2020

Biennial polls to 7 Karnataka Council seats: All 7 nominees in fray 'unanimously elected'

The election is necessitated as the term of seven MLCs- Naseer Ahmed, Jayamma, M C Venugopal, N S Bose Raju, H M Revanna (all Congress), T A Sharavana (JD(S)) and independent D U Mallikarjuna- will expire on June 30.

Jun 22, 2020

Safoora Zargar bail plea: Delhi HC adjourns hearing, to take place Tuesday

The Delhi High Court adjourned the hearing on the bail application moved in Safoora Zargar's case till tomorrow June 23 after a request was sought by the Solicitor General Tushar Mehta and ASG Aman Lekhi.

Jun 22, 2020

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India

Pharma powers Indian shares to three-month closing high

Beware of fake job offers: How Facebook user averted major airline job scam

UK visa applications centres in India to re-open only for passport return | All details here

How lack of global leadership is greatest threat in fighting coronavirus: WHO

Ahmedabad: Patel brothers, who survived on 26 credit cards, ended lives due to financial stress

IIM Study proves stronger insolvency and bankruptcy framework likely to enhance credit discipline in firms

Should India take cues from Indonesia and lay off unproductive civil servants during the work-from-home period?

Nokia to cut a third of jobs at French arm Alcatel-Lucent

Carry phones or face legal action: Karnataka Minister R Ashoka assures stricter measures in containment zones

Army Chief to visit Leh, Kashmir to take stock of ground situation

Earthquake of magnitude 5.5 jolts NE, damages buildings in Mizoram

Telangana BJP chief Bandi Sanjay arrested for protest against TRS govt's handling of Covid

Paytm ropes in Anubhav Sharma, NCPI's UPI head amid rising competition from Google Pay, PhonePe

Biennial polls to 7 Karnataka Council seats: All 7 nominees in fray 'unanimously elected'

Safoora Zargar bail plea: Delhi HC adjourns hearing, to take place Tuesday

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh