New Delhi/Chennai, April 1 (SocialNews.XYZ) Hit hard by the Covid-19 outbreak that has dampened economic activity and low consumer sentiment, automobile manufacturers’ March sales dwindled. The sector’s sales during the month were impacted mainly due…
Mumbai, April 1 (SocialNews.XYZ) The merger of GlaxoSmithKline Consumer Healthcare with Hindustan Unilever (HUL) was completed on Wednesday, making HUL the new owner of the Horlicks brand. In statement, GSK announced the completion of its…
New Delhi, April 1 (SocialNews.XYZ) The Confederation of All India Traders (CAIT) on Wednesday said that a significant portion of traders in the country will be forced to go out of business due to the…
New Delhi, April 1 (SocialNews.XYZ) The Centre on Wednesday said that under the “Lifeline Udan” initiative, 74 flights have transported 37.63 tonnes of medical supplies across the country till March 31. According to the Ministry…
New Delhi, April 1 (SocialNews.XYZ) The sluggishness in the economy for the past few months has begun reflecting in the tax collections with the Goods and Services Tax (GST) mop-up breaching the psychological Rs 1…
Mumbai, April 1 (SocialNews.XYZ) The Indian stock market started the financial year 2020-21 on a sluggish note amid the coronavirus crisis as the BSE Sensex plummeted 1,200 points on Wednesday. The Sensex settled well below…
New Delhi, April 1 (SocialNews.XYZ) Amid uncertainty in the business climate due to the COVID-19 pandemic, young startups in India are finding it hard to draw the much required funding even as investors become extra…
Mumbai, April 1 (SocialNews.XYZ) Mahindra & Mahindra on Wednesday reported a massive decline of 88 per cent in its total vehicle sales in March to 7,401 units due to the Covid-19 outbreak. The company had…
Kochi, April 1 (SocialNews.XYZ) With COVID-19 striking hard, Kochi-based fintech start-up Spoon has waived interest and processing charges worth Rs 25 lakh on agro-loans the company distributed to 136 farmers in the Nilgiris. Kurian George,…
Bengaluru, April 1 (SocialNews.XYZ) In the backdrop of a 21-day nationwide lockdown to contain the coronavirus spread, the Karnataka government has decided to bail out farmers and growers suffering losses due to steep fall in…
New Delhi, April 1 (SocialNews.XYZ) The Indian IT industry is set to experience a slowdown in terms of discretionary IT spending, contract renewals and new deals getting signed as enterprises recalibrate by cost structure in…
New Delhi, April 1 (SocialNews.XYZ) The Cellular Operators Association of India (COAI) said, here on Wednesday, no additional spectrum was required for maintaining the network stability and quality. COAI Director General Rajan Mathews said over…
New Delhi, April 1 (SocialNews.XYZ) Unlike the public sector banks, customers of private banks and non-banking financial companies (NBFCs) would continue to pay EMIs on their term- loans unless an specific instruction is issued, as…
New Delhi, April 1 (SocialNews.XYZ) Hit hard by the Covid-19 outbreak, Automobile major Hyundai Motor India on Wednesday reported sales of only 32,279 units in March. Notably, the current sales figure cannot be compared on…
New Delhi, April 1 (SocialNews.XYZ) Several smartphone manufacturers like Apple, Xiaomi, Realme and Vivo on Wednesday increased prices of their devices in India due to the GST hike from 12 per cent to 18 per…
New Delhi, April 1 (SocialNews.XYZ) Real estate players are looking to invest more in the digital space for property views and walk-through, as the sector goes through absolute standstill amidst the nation-wide lockdown, according to…
New Delhi, April 1 (SocialNews.XYZ) Maruti Suzuki India on Wednesday reported sales of only 83,792 vehicles in March due to the COVID-19 outbreak that has dampened economic activity. Accordingly, the company said that March’s sales…
Bengaluru, April 1 (SocialNews.XYZ) The Azim Premji Foundation has donated Rs 1,000 crore for a comprehensive on-ground response to contain coronavirus outbreak in the country, an official said on Wednesday. Similarly, the foundation was joined…
Bengaluru, April 1 (SocialNews.XYZ) The Azim Premji Foundation has donated Rs 1,000 crore for a comprehensive on the ground response to contain the COVID-19 outbreak, an official said on Wednesday. “Modern global society has not…
Mumbai, April 1 (SocialNews.XYZ) Reliance Jio is likely to witness limited impact due to the ongoing 21-day nationwide lockdown, according to a report by Motilal Oswal. “The lockdown should have limited impact on RJio as…