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SBI Life Insurance inks pact with Yes Bank to sell

SBI Life Insurance coverage on Monday mentioned it has signed bancassurance settlement with Sure Financial institution to supply a complete bouquet of life insurance coverage options to the financial institution’s prospects throughout the nation. As a part of the partnership, SBI Life’s numerous vary of particular person and group insurance coverage options will probably be […]

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US-based HAAH Automotive proposes 258 million investment in MM-controlled SsangYong

HAAH Automotive, a US-based vehicle distributor, is proposing to speculate $258 million into the troubled Korean carmaker SsangYong Motor Co to amass Mahindra & Mahindra’s (M&M) vital stake within the firm, an funding banking supply advised Korean Traders, a information company. Final week, HAAH Automotive submitted a proposal to M&M that it’s prepared to put […]

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Zero Emission Day 2020 Airbus unveils three concepts of world’s

On the event of Zero Emission Day, September 21, European aerospace company Airbus unveiled three ideas of the world’s first zero-emission business plane. These ideas depend on hydrogen as a major energy supply, promising clear aviation gasoline as an answer for aerospace and plenty of different industries to satisfy their climate-neutral targets. Airbus goals to […]

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‘Telcos need to pay 10 of total AGR dues by

Telecom operators, together with Bharti Airtel and Vodafone Thought, which have pending adjusted gross income dues must pay 10 p.c of the whole legal responsibility by March 31 regardless of the part-payments made by them, in line with authorities sources. Operational telecom operators are anticipated to pay Rs 12,921 crore by March 31, of which […]

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Verizon to buy pre-paid mobile service Tracfone in 6

Reuters Verizon Communications Inc mentioned on September 14 it would purchase pre-paid cellphones supplier Tracfone, a unit of Mexican telecoms large America Movil, in a $6.25 billion money and inventory deal. Tracfone, which serves about 21 million subscribers by way of greater than 90,000 retail areas throughout United States, mentioned greater than 13 million of its […]

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Lockdown impact Women take to online gaming, splurge on full

One of the crucial most well-liked leisure choices through the coronavirus-led lockdown was enjoying video games on-line, and time spent by feminine avid gamers on on-line video games elevated considerably, stated a report. In accordance with the lately launched WatConsult report, 45 p.c of feminine avid gamers really feel that their on-line gaming has elevated […]

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Govt-owned companies biggest wealth destroyers in the last six years

Consultant picture State-run enterprises have been the most important wealth destructors within the final six years regardless of working in monopolistic or oligopolistic setups, asset managers mentioned on September 14. The federal government has been urgent residents to pay taxes and be compliant, however they’ve little or no to indicate relating to improved efficiencies within […]

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Tata Steel management, workers’ union sign pact for annual bonus

Consultant picture Tata Metal on September 14 stated its administration and Tata Employees Union have signed a Memorandum of administration and Tata Employees Union have signed a Memorandum of Settlement for cost of annual bonus for the accounting yr2019-20.2019-20. “Regardless of a troublesome yr as a consequence of COVID-19, Tata Metal honoured its three-year dedication to make […]

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India bans onion exports as prices treble in a month

Reuters File picture India on September 14 prohibited exports of onion, the federal government mentioned in a notification, as costs trebled in a month after extreme rainfall hit crops in southern states. The export of all styles of onion was prohibited with the speedy impact, the federal government mentioned. India is the world’s greatest exporter of […]

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Former Wipro CEO Abidali Neemuchwala joins Dallas Venture Partners

Former Wipro  Chief Government Officer (CEO) Abidali Neemuchwala joins as enterprise associate in Dallas Enterprise Companions (DVP), a fund that focuses on B2B early and growth-stage startups in India and Dallas, US. The fund will make investments $300-500 million in India over the following 10 years. Neemuchwala, who took over as Wipro’s CEO in 2016, […]

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