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South Indian Bank Q1 profit rises 11%, makes additional Rs 29 crore provisions for COVID Moneycontrol.com

by abhinav | Jul 8, 2020 | Analysis

South Indian Bank said it made provisions of Rs 31.56 crore towards NPAs identified as fraud accounts over a period of four quarters. Read More

reported by at Moneycontrol

ICICI Bank to reward 80,000 employees with up to 8% pay hike for working during COVID Moneycontrol

by abhinav | Jul 8, 2020 | Analysis

These employees form over 80 percent of its overall workforce and the decision has been taken in recognition of the services rendered during the COVID-19 pandemic, the sources told PTI. Read More

reported by at Moneycontrol

Toyota suspends work at Bidadi plant for a day after worker succumbs to COVID Livemint

by abhinav | Jul 7, 2020 | Analysis

Toyota Kirloskar Motors has halted production at one of its manufacturing facility after a worker died due to coronavirus.Plant will be open on July 7, followed by a confirmation of all the safety protocols, company said in statement Read More

reported by PTI at Livemint

Bajaj Auto unions demand halt of Waluj unit after 250 workers catch Covid Livemint

by abhinav | Jul 4, 2020 | Analysis

The company said on June 26 that 140 of the roughly 8,000 staff at the factory had caught the virus and two had died.It said in a letter to employees this week that those who do not show up for work will not be paid Read More

reported by Reuters at Livemint

ICMR validates only one among 14 firms for rapid antigen test kits for Covid Hindustan Times

by abhinav | Jul 4, 2020 | Analysis

Seven of the companies/vendors are Indian while others are from South Korea, Taiwan, Singapore and Belgium. Read More

reported by hindustantimes.com|?Edited by?Sabir Hussain at Hindustan Times

India plans incentives for auto firms to boost exports | India Economy | COVID WION

by abhinav | Jun 30, 2020 | Analysis

India plans incentives for auto firms to boost exports | India Economy | COVID-19 India is drawing up an incentive plan for the autos sector aimed at doublin… Read More

reported by at YouTube

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