New Delhi, May 17 (IANS) AT&T and Discovery on Monday announced a definitive agreement to combine WarnerMedias premium entertainment, sports and news assets with Discovery's leading nonfiction and international entertainment and sports businesses to create a premier, standalone global entertainment company.

New Delhi, May 17 (IANS) The base effect, along with high commodity prices, especially those of transportation fuels, lifted India's annual rate of inflation based on wholesale prices to 10.49 per cent in April from a rise of 7.39 per cent in March.

Mumbai, May 17 (IANS) Decline in new Covid positive cases, along with healthy buying in banking as well as automobile stocks, lifted India's benchmark stock indices on Monday.

New Delhi, May 17 (IANS) Sale of housing units rose by 21 per cent across top seven cities in India in the first quarter of 2021 to 1,05,183 units against 87,236 units in Q1 2020, according to a PropEquity report.

Mumbai, May 17 (IANS) Bharti Airtel on Monday reported a net profit of Rs 759 crore for the January-March quarter.

New May 17 (IANS) The government has said that 1.85 crore people have been offered work in May 2021 under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). which is 52 per cent higher than the jobs offered during the same period in May 2019, which was 1.22 crore persons per day.

New Delhi, May 17 (IANS) As May 17 is observed as World Telecommunications Day, it would not be incorrect to say that telecommunications and Information technology has been one pillar on which the world has been able to sail through the Covid pandemic.

New Delhi, May 17 (IANS) The Indian Railways has been able to deliver over 10,000 MT of oxygen across the country, Railway Board Chairman Suneet Sharma said on Monday.

Mumbai, May 17 (IANS) Reliance Jio Infocomm Ltd (Jio) is constructing the largest international submarine cable system centred on India.

Chennai, May 17 (IANS) Even as it is sorting out the teething problems in its oxygen production in Thoothukudi-based Sterlite Copper, Vedanta Ltd has called for Expressions of Interest (EoI) for a solution to transport about 800 ton per day (tpd) of gaseous oxygen to hospitals.

New Delhi, May 17 (IANS) India's annual rate of inflation based on wholesale prices sequentially rose to 10.49 per cent in April from a rise of 7.39 per cent in March.

Shillong, May 17 (IANS) The Confederation of Indian Alcoholic Beverage Companies (CIABC), apex body of the Indian Alcoholic Beverage Industry, has written to the Meghalaya Government seeking immediate end to the creation of Central Bonded Warehouse (CBW) which is to function as the sole wholesaler for all alcoholic beverages products to be sold in Meghalaya.

Mumbai, May 17 (IANS) Federal Bank on Monday reported 58.6 per cent growth in its net profit for the January-March quarter at Rs 477.81 crore.

Mumbai, May 17 (IANS) India's key stock markets maintained their solid gains during the late-afternoon trade session on Monday on the back of healthy buying witnessed banking and financial sector.

New Delhi, May 17 (IANS) Max Life Insurance Company on Monday announced the launch of 'Max Life Saral Pension', a Non-Linked, Non-Participating Single Premium, Individual Immediate Annuity Plan.

New Delhi, May 17 (IANS) Eli Lilly and Company announced on Monday that it has issued an additional royalty-free, non-exclusive voluntary license to Natco Pharma; a local pharmaceutical manufacturer of generic medicines.

London, May 17 (IANS) Gamblers were more than six times more likely to gamble online compared to before the Covid-19 pandemic, according to new research.

Seoul, May 17 (IANS) Samsung Electronics may unveil its plan later this month to build a new chip factory in the United States, industry sources said on Monday, as the South Korean tech giant tries to cope with rivals' capacity expansions.

New Delhi, May 17 (IANS) Lenskart, an omni-channel eyewear retailer in India, and KKR, a global investment firm, on Monday announced the signing of definitive agreements under which KKR will invest $95 million in Lenskart via a secondary stake acquisition.

Bengaluru, May 17 (IANS) Global technology leader Lenovo on Monday announced to appoint Dinesh Nair as Director, Consumer Business for the India region.

Mumbai, May 17 (IANS) As India continues to face the second wave of the Covid-19 pandemic, Credit Suisse has recently committed an additional Rs 7.5 crore ($1 million) in aid to Concern India Foundation and GiveIndia, to provide financial assistance to hospitals in Mumbai, Pune, Delhi and Bangalore.

New Delhi, May 17 (IANS) Credit card expenses made by employees of an Indian subsidiary for furtherance of business here would come under the purview of Goods and Service Tax (GST) with applicable 18 per cent rate.

Chennai, May 17 (IANS) A non-governmental organisation (NGO), Arappor Iyakkam, on Monday urged Tamil Nadu Chief Minister M.K.Stalin to go for e-tender for procurement of 2.11 crore corona relief grocery kits to save hundreds of crore and also enable more bidders to participate.

Mumbai, May 17 (IANS) If you planning an online money transfer using the banking system between Saturday midnight and Sunday, you are well advised to either cancel or postpone such transfers.

New Delhi, May 17 (IANS) The Tower and Infrastructure Providers Association (TAIPA) has written to the chief ministers of the states and union territories urging for the priority vaccination for the telecom infrastructure field engineers and technicians under frontline workers category.