Facebook allows employees to Work From Home until July 2021
August 07, 2020 9:32 ISTFacebook has allowed its employees to work from home until July 2021. The social media giant said it will give $1,000 to its employees to set up home offices.
Facebook has allowed its employees to work from home until July 2021. The social media giant said it will give $1,000 to its employees to set up home offices.
Yes Bank on Thursday said LIC has acquired close to 5 per cent shareholding in the bank by purchasing shares from the open market. With the fresh acquisition, the hold of LIC has increased from 0.75 per cent to 4.98 per cent, Yes Bank said in a regulatory filing.
Under the 'positive pay' system, a customer who issues the cheque clicks a picture of the cheque before handing it over to the beneficiary and uploads the same on the bank's mobile application.
Vodafone Idea Ltd on Thursday reported widening of net loss to Rs 25,460 crore in the June quarter after it made additional provisioning to pay past statutory dues, and said its ability to continue as going concern hinges on the Supreme Court allowing more time to pay dues.
Bata India Chairman Ashwani Windlass on Thursday said it has not laid off any employee so far, but admitted that there is not much clarity on "where the footwear major is heading" amid the raging COVID-19 pandemic.
Gold and silver prices touched record levels in the national capital on Thursday and the yellow metal rose by Rs 225 to Rs 56,590 per 10 grams amid strong rally in the international market, according to HDFC Securities.
Wipro Limited announced on Thursday it will join forces with intel to enable Wipro's LIVE Workspace, the company's digital workspace solution with theIntel vProplatform.
The rupee pared initial gains and settled on a flat note at 74.94 against the US dollar on Thursday after the RBI kept interest rates unchanged. At the interbank forex market, the domestic unit opened strong at 74.82 against the greenback, but lost ground during the day and finally settled at 74.94, unchanged from its previous close.
Domestic equity benchmark Sensex surged 362 points on Thursday after the RBI left interest rates unchanged but maintained an accommodative stance to boost growth.
The Reserve Bank of India (RBI) on Thursday said inflation is expected to be at elevated levels during the second quarter, but may ease in the second half of the current fiscal year.
Reserve Bank of India has kept the repo rate unchanged at 4 per cent. Governor Shashikanta Das announced this during his press conference.
Amazon CEO Jeff Bezos has sold over $3.1 billion worth of Amazon shares this week. This has taken his total cashout in 2020 so far to a massive $7.2 billion. In 2019, Bezos had sold $2.8 billion worth of Amazon shares.
Reserve Bank of India (RBI) Governor Shaktikanta Das addressed a press conference at 12 noon today. This was the 24th meeting of the MPC. Besides, the central bank also issued directions regarding the loan moratorium which is coming to an end on August 31 amid bankers opposing the further extension of this facility on concerns over its misuse.
The RBI may refrain from cutting the benchmark lending rate on Thursday but can announce other measures like restructuring of loans amid the urgency to revive the coronavirus-hit economy, experts said.
FutureBrand, which is a global brand transformation company, said part of Reliance's success could be attributed to Mukesh Ambani's recasting of the firm as a one-stop-shop for Indians.
SpiceJet said on Wednesday that it operated a repatriation flight each from Moscow in Russia and from Tashkent in Uzbekistan, bringing back a total of 295 Indians.
The government-owned Air India is on a cost-cutting drive to deal with the situation arising out of COVID-19 which has impacted the aviation sector most globally.
The tablet, which will be sold under the brand name 'Favizen', is being manufactured at Zenar's US FDA approved facility in Hyderabad, a press release from the drug maker said.
German automaker BMW lost 212 million euros ($250 million) in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a quarter in the April-June period. The company saw a rebound in China, its biggest market.
After rallying 452 points during the day, the BSE Sensex slipped in the red to end 24.58 points or 0.07 per cent lower at 37,663.33.
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