India goes online in lockdown
New Delhi, April 24 (SocialNews.XYZ) India is learning to go online for paying bills, banking, shopping, work and even praying during the covid lockdown and this will be the new normal, according to Gipsi Research….
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UP mango growers seek help from Yogi govt as season begins
Lucknow, April 17 (SocialNews.XYZ) The Mango Growers Association of India (MGAI) has appealed to the Uttar Pradesh government to provide transportation facilities to mango growers in the 18 odd mango belts in the state. In…
Bharti AXA Life Insurance appoints Parag Raja as MD & CEO
New Delhi, April 8 (SocialNews.XYZ) Leading private insurer Bharti AXA Life Insurance today announced the appointment of Parag Raja as Managing Director and Chief Executive Officer of the company, subject to the requisite IRDAI approval….
COVID-19 to permanently hit global economic activity: Moody’s
New Delhi, March 23 (SocialNews.XYZ) The rapid spread of coronavirus in the last two weeks causing widespread business closures and unprecedented restrictions on social interactions will result in a permanent hit to global economic activity…
Asian Paints to suspend ops in 24 hours amid corona crisis
Mumbai, March 23 (SocialNews.XYZ) Asian Paints on Monday said that it will shut operations in all its manufacturing units and sales locations in the next 24 hours in view of the coronavirus crisis and lockdown…
Corona-stricken tourism industry’s SOS to PM to save it from ‘bankruptcy’
New Delhi, March 19 (SocialNews.XYZ) The Federation of Associations in Indian Tourism and Hospitality has written to Prime Minister Narendra Modi asking to help the hospitality industry given the large scale cancellation in wake of…
Double-whammy: Now COVID-19 hurt auto dealers
New Delhi, March 18 (SocialNews.XYZ) Already battered automobile dealerships in the country are now facing a double-whammy of low sales but along with Coronavirus COVID-19. Accordingly, there plans to sell-off BS IV inventories are now…
NRAI advises restaurants to shut operations till March 31
New Delhi, March 18 (SocialNews.XYZ) The National Restaurant Association of India (NRAI) has sent out an advisory to its members to shut down the operations of their restaurants till March 31, 2020 or till such…
Unprecedented crisis in Agra tourism
By Brij Khandelwal Agra, March 14 (SocialNews.XYZ) Tourism industry in the Taj city is facing an unprecedented crisis due to COVID-19. The steep fall in the number of visitors to Agra has caused a huge…
Coronavirus to have minimal impact on smartphone biz: Xiaomi
By Md Waquar Haider New Delhi, March 12 (SocialNews.XYZ) While admitting that supplies of an important TV component have taken a hit due to the coronavirus pandemic, Chinese technology company Xiaomi on Thursday said that…
Aastha Apparels, other exporters booked for GST fraud
New Delhi, March 7 (SocialNews.XYZ) In yet another anti-evasion action, Directorate General of GST Intelligence (DGGI) has booked Aastha Apparels and other firms for fraudulently claiming IGST refunds on export of goods to the tune…
RCom resolution plan filed with NCLT
Mumbai, March 7 (SocialNews.XYZ) The resolution plan of RCom, RTL and Reliance Infratel has been filed with the National Company Law Tribunal (NCLT). In a regulatory filing with stock exchanges, Reliance Communications Limited (RCom) said…
Airlines lose around $113 bn over nCoV, IATA calls ‘crisis unprecedented’
New Delhi, March 5 (SocialNews.XYZ) With coronavirus infections spreading to nearly 80 countries severely hurting the travel and tourism sector, global industry body International Air Transport Association (IATS) has estimated the combined revenue loss for…
Bharti AXA to use WhatsApp for policy, renewal documents
New Delhi, Feb 26 (SocialNews.XYZ) Betting big on innovation, private non-life insurer Bharti AXA General Insurance has started delivering policies and renewal premium to its customers through the instant messaging platform -‘WhatsApp’ and today said…
COVID-19: ‘Chinese economy to take at least one-quarter hit’
Mumbai, Feb 17 (SocialNews.XYZ) Highlighting the impact of new coronavirus on China and its ripple effect on other Asian countries, including India, a report by Emkay Global Financial Services on Monday said that the Chinese…
Airtel pays Rs 10,000 cr AGR as Govt gets first dues
New Delhi, Feb 17 (SocialNews.XYZ) The first AGR payment came to government as Airtel on Monday paid Rs 10,000 crore dues to the Department of Telecom (DoT). The company said it is paying Rs 10,000…
Never said don’t understand Bombay people, says FM calling news ‘parody’
New Delhi, Feb 15 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman has strongly denied quotes attributed to her by a report in The Print where she is quoted as snubbing industrialists and saying “I dont understand Bombay…
Cos to get extended tax withholding on ECB interest payout
New Delhi, Jan 23 (SocialNews.XYZ) Indian companies seeking foreign debt may continue to see its cost of capital fall amidst a rise in overseas investor interest with government looking to extend a concessional 5 per…
Top philanthropists join hands to fight India’s climate issues
New Delhi, Jan 22 (SocialNews.XYZ) In a bid to solve Indias pressing climate challenges, countrys foremost philanthropists on Wednesday joined hands to form the India Climate Collaborative (ICC). To drive climate solutions that help people…
RIL may get new MD before Apr 1; Manoj Modi, Meswanis among probables
New Delhi, Jan 13 (SocialNews.XYZ) Reliance Industries Limited (RIL) could get a new Managing Director soon if the directive by the Securities and Exchange Board of India (SEBI) on separation of the Chairman and Managing…