Splco emerging trend in bilingual online media
CHAOS AND CONFUSION PREVAILED AT THE AIRPORTS ON THE SECOND CONSECUTIVE DAY OF DOMESTIC FLIGHT SERVICES RESUMPTION IN INDIA. Second day also witnessed Several flights were cancelled again, leaving passengers anguished due to ill-planning of the government. Around 630 flights were cancelled on day one again on Tuesday 80 flights were cancelled at Delhi alone. Read More…
In a major setback to Indian’s prestigious Business family Anil Ambani ., UK court on Friday directed Reliance Communications chairman Anil Ambani to pay nearly $717 million to three Chinese banks pursuing the recovery of funds owed to them as part of a loan agreement within 21 days. It is to be noted that Read More…
Allowing borrowers more time to repay loans, the Reserve Bank of India (RBI) on Friday extended the moratorium on EMI payments by another three months, till August-end, taking the total moratorium period to six months. In addition the central bank has increased group exposure limits of lenders from 25% to 30% and RBI also extended Read More…
Indian based ACME Solar, which had bid India’s lowest solar tariff has decided to cancel the project. The company webpage says it has so far Commissioned 2900 MWp and under construction further 2600 MWp The grid-connected solar power project was awarded to ACME Solar in December 2018 by SECI. ACME has won 600 MW Read More…
As many as 12 people were killed when styrene vapours leaked from the LG Polymers plant on May 7, while several hundred fell ill after inhaling the poisonous chemical at RR Venkatapuram near Visakhapatnam. Speaking through video conference with officials and some of the victims, Reddy blamed the previous N Chandrababu Naidu-led government Read More…
In the last couple of days post announcement of stimulus package by Modi led centre government ., Zomato called for 550 employees layoffs followed by Swiggy with double factor that is 1100 employees layoffs across various functions of its organisation. Pursuant this layoff spree .. Uber Technologies Inc also today said it will Read More…
Analysts are trying to figure out whether the big package had any cash stimulus at all for the Covid 19-hit economy, which now stares at a worst recession ever. The stimulus package announced by the government over the past few days is a lost opportunity, said analysts at Bernstein – an investment management Read More…
This comes just two days after Gurugram-based foodtech player Zomato said it would let go of 13 per cent of its staff, affecting close to 520 employees. “We, unfortunately, have to part ways with 1,100 of our employees spanning across grades and functions in the cities and head office over the next few days. Read More…
In a bid to give relief to companies defaulting on loans due to the Covid-19 stress, Finance Minister Nirmala Sitharaman on Sunday said no fresh insolvency will be initiated for one year under the Insolvency and Bankruptcy Code. she said adding that an Ordinance will be promulgated to bring this change in IBC, news Read More…
Private Companies in Indian Earth Sectors The BJP led Modi government end its monopoly in coal mining by allowing private companies and raise the limit for foreign investment in defence manufacturing without regulatory approval from 49 per cent to 74 per cent, said Finance Minister Nirmala Sitharaman on Saturday. Nirmala said the Read More…
