WarnerMedia, Discovery combine to form new leader in global entertainment space
  • WarnerMedia, Discovery combine to form new leader in global entertainment space(26 minutes ago)

    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.

Base effect, commodity prices lift India's April WPI to 10.49% (Roundup)
Lower Covid numbers lift equities, banking, auto stocks shine (Roundup)
Home sales across top 7 cities up 21% in Q1 2021: PropEquity
Bharti Airtel reports Q4 net profit of Rs 759 cr
1.85 crore persons offered work under MGNREGA amid pandemic
  • 1.85 crore persons offered work under MGNREGA amid pandemic(18:30)

    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.

Telecom moving beyond connectivity, nearly 25% revenues to come from new biz models in coming years
Railways has delivered over 10K MT LMO to various states: Chairman
Jio constructs largest international submarine cable system centred on India
Vedanta calls for EoI to transport 800 tpd O2 from Sterlite unit
  • Vedanta calls for EoI to transport 800 tpd O2 from Sterlite unit(16:14)

    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.

India's WPI inflation rises to 10.49% in April (Lead)
CIABC urges Meghalaya govt to scrap 'Central Bonded Warehouse'
  • CIABC urges Meghalaya govt to scrap 'Central Bonded Warehouse'(15:56)

    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.

Federal Bank's Q4 net profit up 58.6%
  • Federal Bank's Q4 net profit up 58.6%(15:26)

    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.

Equities rise on lower Covid numbers, banking stocks shine (Lead)
Max Life launches new pension plan with guaranteed financial protection
Lilly signs an Additional Voluntary Licensing Agreement on Baricitinib
Online gambling soared during Covid pandemic lockdown: Study
Samsung's US chip plant investment may be in offing: Report
  • Samsung's US chip plant investment may be in offing: Report(14:32)

    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.

Pvt equity investor KKR invests $95 million in Lenskart
  • Pvt equity investor KKR invests $95 million in Lenskart(14:32)

    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.

Lenovo appoints Dinesh Nair as consumer biz head in India
Credit Suisse extends Rs 7.5 cr aid to hospitals in India
  • Credit Suisse extends Rs 7.5 cr aid to hospitals in India(14:08)

    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.

Credit card expenses by Indian subsidiary of a multinational corporation liable to GST
Opt for e-tender, allow competition, save crores in corona relief kits: NGO to Stalin
Bank NEFT transfers will not be operational coming weekend
TAIPA writes to CMs for priority vax for telecom workers
  • TAIPA writes to CMs for priority vax for telecom workers(12:40)

    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.