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Vivek Sharma, MD at Panasonic Life Solutions India, said these stores will serve as experience centres for consumers and influencers, He said the stores will target customers as well as builders, contractors and architects. The company has opened the first such outlet in Hyderabad will be setting up these stores in a franchise owned and operated model.

LG Electronics India will donate products like water purifiers, air conditioners, refrigerators and TVs to the hospitals. Samsung India, on the other hand, will provide preventive kits to hospitals, which includes a surgeon gown, face mask, gloves, preventive eye wear, hood cap and shoe cover.

For domestic mobile phone companies, the investment threshold is Rs. 200 crore over four years and sales criteria is Rs. 5000 crore in five years and for components it is Rs. 100 crore for 4 years and Rs. 600 crore of sales in 5 years.

Both LG and Samsung have opened bookings for various products on their websites for limited periods and are offering gifts of up to Rs 10,000 on pre-bookings made during the lockdown period. LG has opened pre-bookings till May 15 and Samsung by May 8.

Industry has also pitched for SPV with initial funding from govt, to help refinance small and mid-sized NBFCs

With malls and shops closed, spending avenues are practically non-existent.

On April 27, the RBI had introduced the Rs 50,000-crore liquidity line for the MF industry

Capital infusion to be supported by IDFC limited, ICICI Prudential Life, HDFC Life, Warburg Pincus and Bajaj Allianz

Depositors to get up to Rs 5 lakh under deposit insurance on liquidation

Relaxation likely on branch audit as Guv meets bankers

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources.

The motor and health segments led the decline in premiums for the industry as the month saw premium fall by 9 per cent.

In addition, West Bengal will also request the Reserve Bank of India (RBI) to increase the additional credit limit to MSMEs, to 30 per cent from the existing 10 per cent.

Economic slowdown hits activity, adding fuel to the fire

Private banks put up a better show than other card financiers

The outstanding portfolio of private banks in the credit card space has increased by 59 per cent year-on-year while other issuers saw a 20 per cent growth in 2019 over 2018.

There is a facility of standby line of credit for MSMEs as well as PNB COVID-19 Emergency Credit Facility (PNB-CECF), the bank said

The State Bank of India (SBI) has introduced a special deposit scheme for senior citizens with a higher interest rate

The rise in currency in circulatiom is perplexing when economic activity has nosedived. Generally, CIC should rise in tandem with growth in economic activities, as people need cash to transact

The company offers its retail customers housing and non-housing loans

For overnight, one month, three months and six months, MCLR have been reduced to 7.40 per cent, 7.50 per cent, 7.60 per cent and 7.70 per cent, respectively.

Those eligible for the benefit will have to show a cash shortage to prove that they will not use the relief to divert funds for other purposes.

State Bank of India, ICICI and some lenders are trying to resurrect the ‘bad bank’ plan.

The RBI has allowed banks to extend moratorium to borrowers of term loans of all kinds for three months -- March, April and May. "SBI has taken a decision to extend the moratorium allowed by RBI to the NBFC sector which is facing severe problem of cashflow," Khara said.

Union Bank of India announced reduction in its MCLR up to 15 basis points across all tenors, effective May 11. Overnight MCLR has been reduced by 15 bps to 7.15 per cent from 7.30 per cent and one-month MCLR by 10 bps to 7.25 per cent.

A `Bad Bank' is being touted as the panacea for industry’s ills, yet again.

Global benchmark Brent crude also fell sharply in response to the collapse of demand following reduced economic activity

MCX said that it had settled the contract according to the formula in the contract, which has been followed for the last 15 years

The crude oil situation has made investors running for cash and dumping commodities

A disruption in supply chain means that the arrival of commodities across the nation's main mandis remained a cause of concern

So far, initial exports are estimated to be of the tune of Rs 600 crore which is minuscule compared to the polished diamond inventory

Students from the Muslim community received about 80 per cent of total scholarships offered under 20 Central government schemes in 2018-19, official data shows.

Initial investigation by the CBI into the multi-crore scholarship scam reveals a deep-rooted nexus between government officials, private institutions and public sector banks to siphon-off funds meant for poorest of the poor students. Students belonging to Scheduled Castes and Minorities were also deprived of scholarships to pursue basic education.

In a move to promote children's theatre in rural India, the National School of Drama (NSD) will showcase the results of its first such effort with Odisha's tribal children in the form of two plays produced in a Children's Theatre Workshop in the state.

The Delhi High Court on Monday asked the Centre and the National Testing Agency (NTA) to file their response on a plea challenging the 2019 National Eligibility-cum Entrance Test (NEET) for admissions to MBBS and BDS courses.

In a sensational turn of events, four departmental heads of the Rabindra Bharati University have stepped down alleging racist slurs targeted against them by state's ruling Trinamool Congress students wing members.

All private universities in Uttar Pradesh will now have to give an undertaking to the government, saying that their campuses will not be allowed to be used for "any anti-national activity", a new ordinance says.

“While during the early days of lockdown basic essentials got sold, with time some discretionary sales are coming back,” said Devendra Chawla, MD at Nature’s Basket and Spencer’s Retail that saw 30-60% growth in sales for cold cuts, exotic vegetables, assorted breads and cakes, cookies, international sauces, organic range of staples in last ten days.

The maker of Saffola and Parachute oil said consumption habits are evolving due to current situation, and its new launch will help bridge the gap in kitchen hygiene. Marico had earlier entered the hand hygiene segment by extending Mediker brand.

The US burger and fries giant has joined other restaurant chains including Jubilant FoodWorks-operated Domino's Pizza, Tata Starbucks and Speciality Restaurants in seeking waivers from landlords and mall owners.

Consumers in West Bengal preferred Kachi Ghani Mustard oil followed by Refined Soybean oil over other variants during the period. Dhara in West Bengal primarily operates in categories like Kachi Ghani Mustard Oil, Refined Sunflower Oil, Refined Soybean Oil and Refined Rice Bran Oil.

[S.l.] : PETER LANG AG, 2020.

Fresno, CA : Alliant International University, California School of Professional Psychology, 2008