Industry News, Company News, Manufacturing News, Service Sector - The Hindu- Page 14

HDFC Bank’s tech glitch under Reserve Bank lens

Special Correspondent Team from RBI looking into issue: Jain

Representational image.

Uber says it received more than 3,000 reports of sexual assault in U.S. in 2018

Reuters Sexual assault and other threats have been a concern broadly for the fast-growing ride-services industry around the world.

2hrs

Cybersecurity: Wipro plans units in Australia

Special Correspondent Tech major Wipro is planning to open NextGen Cyber Defence Centres (CDCs) in various Australian cities to offer cyber resilience and digital protection services to large government organisations in the country. As a precursor to this, Wipro has set up a CDC in Melbourne. The company said it would make substantial investments in the centre to upskill its employees and also to increase the number of its local recruitment. The centre will employ 100 cyber security specialists. The centres would

CPPIB to invest $600 mn via NIIF

Special Correspondent NIIF Master Fund now has $2.1 billion in commitments

Other Articles

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Automobile sales still in free fall, see worst drop in August

Ashok Leyland declares production holidays across its plants in September

SBI cuts lending rate by 10 bps

Crisis-hit Nissan CEO set to resign as board meets

A blend of safety and attractive rates

Cheaper loans: Easy on the pocket

ED files money laundering case against Rolls Royce, others

ED officials say that Rolls Royce is said to have made a payment of over ₹77 crore as commission to an agent to win contracts from PSUs HAL, ONGC and GAIL during 2007-11.

IDFC Securities to advise Coffee Day Enterprises on strategy

Since Siddhartha’s death, Coffee Day Enterprises has been trying to divest its assets to pare its debts

How will mergers affect public sector banks?

What does the rearrangement mean for the banking sector? Is increased credit growth essential for India to achieve the target of becoming a $5-trillion economy?

Panel set up to identify infra projects for ₹100 lakh-crore investment

Report for FY20 to be given by October 31.

Demand environment to remain volatile, says Tata Motors’ MD

‘Buyers confused, need help to take informed decisions’

Merged PSBs must cut stake in insurers

However, public sector lenders may wait for initial share offerings to get better valuation

Wheels of misfortune: On crisis in automobile industry

The automobile industry is in the grip of an unprecedented crisis. The downturn in the economy has led to a dip in production and huge job losses across the country.

Traffic offences may cost a ‘premium’

IRDAI forms working group to examine linking motor insurance premium with violations

Forging industry on the brink as slowdown bites

Sees 20% job loss if demand stays poor

‘JioFiber pricing may not be a blockbuster yet’

Analysts say tariff plans may be tweaked if the roll-out is slower

Auto firms should also take up GST rate cut demand with State FMs, says Anurag Thakur

‘Issue to figure in GST Council meet’

IndiGo partners SonyLIV to offer passengers entertainment content

The airline is expanding its footprint globally resulting in longer flights for its passengers calling for the need to provide entertainment content onboard.

“We want to design homes that people love to own”: Birla Estates

‘We believe that we can make a difference with our pricing, the style, the touch, the comfort, overall feeling, traffic-free environment, easy access, green factor and other eco-friendly elements including water conservation/harvesting.’

Slowdown-hit: auto major Ashok Leyland declares 5-day holiday

Commercial vehicles maker Ashok Leyland has declared a five-day holiday for its Ennore plant, starting September 6, excluding Sunday, amid sluggish

Muthoot standoff worries NBFCs

‘Public confidence in company has eroded’

PNB board approves amalgamation with OBC, UBI

The Board of Punjab National Bank has approved the amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank, the

Slowdown effect: M&M defers ₹1,000 crore of planned capex

‘At current production levels, every carmaker is overstaffed’

NCLT okays JSW Steel’s ₹19,700-cr. BPSL bid

Company likely to appeal against the order seeking various reliefs from statutory authorities

Jio starts fibre-to-home service

Tariff plans start at ₹699 a month and go up to ₹8,499

Aditya Birla Capital to raise ₹2,100 crore

Firm to repay debt, fund growth

Alibaba Group plans fully owned e-commerce venture in India this fiscal

The company’s foray into e-commerce space will not have an adverse impact on Paytm, in which Alibaba owns 30.15% stake.

Mukesh Ambani rolls out JioFiber broadband, offers minimum 100 mbps speed for ₹699 a month

Billionaire Mukesh Ambani’s Jio on September 5 announced the launch of fiber-based broadband services, offering minimum Internet speed of 100 mbps for

PNB Board approves amalgamation with Oriental Bank of Commerce, United Bank

The Board of Punjab National Bank (PNB) has given in-principle approval for amalgamation of Oriental Bank of Commerce and United Bank of India with

Nitin Gadkari admits to slowdown in auto sector, blames it on global economy

Petrol and diesel vehicles will not be banned, says the Road Transport and Highways Minister

Reliance Jio to provide free set-top-box with every broadband connection

Billionaire Mukesh Ambani-led company is slated to launch optical fibre-based JioFiber broadband service from September 5.

Coal India production drops 2.8%

Coal offtake between April and August 2019 also fell 2.5 million tonnes

Maruti to stop production in Gurugram, Manesar plants for two days

Since sales are not matching the production, the company has decided to shut down manufacturing operations to clear the stock, says a source

Mahindra hitches a ride on Meru, to invest ₹201 crore

M&M has signed a share subscription and shareholder agreement to acquire up to 55% stake in tranches in Meru Travel Solutions Pvt Ltd

‘Festivals will spur fashion sales’

Segment slowed as mall space doubled though consumption did not: Lifestyle

Task force recommends online loan sale platform

Central loan contract registry mooted

Cabinet approves higher procurement price for ethanol

Ethanol availability for blended petrol may rise significantly

Banks fine with utility bills to open accounts

However, these documents are not officially recognised as proof of address

Tata Steel drops on U.K. plant closure, sale of assets

The company had announced in May 2018 the potential sale of five non-core businesses to enable it to strengthen focus on strategic markets

Auto sector worried as slowdown worsens

‘Only a cut in GST to 18% can help’

Tractor volume may contract 5-7% this fiscal: Report

Tractor sales in the last fiscal stood at an all-time high of 8.78 lakh units

Watch | Merger of public sector banks

The merger would reduce the number of banks in the country from 27 in 2017 to 12.

Cabinet clears over ₹9,000 crore capital infusion in IDBI Bank

Out of ₹9,000 crore, the government will provide ₹4,557 crore as one-time re-capitalisation.

SC seeks NBCC response on completing stalled Jaypee group projects

A Bench issued notice to the National Buildings Construction Corporation Limited and sought its reply by Thursday.

Bajaj Auto sales down 11% in August

The company sold 3,90,026 units as against 437,092 units in August last year

Jet Airways fails to attract new bidders

It was the third time that lenders extended the deadline after the ones on August 3 and 10.

Eight core sectors growth slows to 2.1% in July

During April-July, the eight sectors grew by 3% compared to 5.9% in the same period previous year.

All you want to know about Employees’ Pension Scheme

Scheme can help employees get guaranteed pension throughout retired life

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Policemen at the spot where all the four accused in the vet rape and murder case was shot dead at Chatanpally, near Hyderabad, early Friday.

42K | All four accused in Hyderabad vet rape and murder case shot dead

169K | Filmmaker Daniel Shravan draws flak on social media for weird comments on rape

16K | Google co-founders step aside as Sundar Pichai takes helm of parent Alphabet

File photo of Democratic presidential candidate Sen. Kamala Harris.

27K | U.S. Senator Kamala Harris ends her presidential bid

16K | National shame: On gender sensitisation

Cyber crime police with accused Chavan Sriram.

191K | Nizamabad youth held for vulgar posts about Hyderabad vet on Facebook

Shanmuga Subramanian, a 33-year-old techie in Chennai

38K | It was not rocket science, says Chennai techie who spotted Vikram Lander’s debris

Shanmuga Subramanian

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