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News and Current Affairs

PNB sanctions loans of Rs. 6757 crore to around 3 lakh MSMEs under credit guarantee scheme

Hyderabad: Punjab National Bank, India’s second-largest public sector lender has been one of the top lenders to small businesses under the government’s emergency credit line guarantee scheme (ECLGS). As of 25th June, PNB has sanctioned Rs 6757 crore in 296753 eligible MSME accounts under 3 Lakh crore Guaranteed Emergency Credit …

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Glenmark’s Consolidated Net Profit Rises 36.28% to Rs. 2203.08 Mn.

Glenmark Pharmaceuticals Limited, a research-led global integrated pharmaceutical company, today announced its financial results for the fourth quarter and year ended March 31, 2020. For the Fourth Quarter of FY 2019-20, Glenmark’s consolidated revenue was at Rs. 27,674.89 Mn. as against Rs. 25,634.74 Mn. recording an increase of 7.96 %. Consolidated …

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Karnataka amends Industries (Facilitation) Act to boost investment across sectors

The Karnataka government amended the long pending industrial reform “The Karnataka Industries (Facilitation) Act, 2002” to facilitate and attract investment in the state. The decision was taken by the state Cabinet meeting held today and chaired by Hon’ble Chief Minister of Karnataka BS Yediyurappa. Currently, only Gujarat and Rajasthan are the two …

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Manulife makes $3.5 million investment in diversity, equity and inclusion

TORONTO (AGENCY): Manulife and John Hancock are investing more than $3.5 million over the next two years to promote diversity, equity and inclusion in the workplace and the communities we serve. The goals of these focused investments are three-fold: to increase the representation of diverse talent at all levels in the organization; create greater …

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West Coast Pharmaceuticals Launches SteriAll Vegetables and Fruits Wash

West Coast Pharmaceuticals – one of the leading pharmaceuticals company in India has launched SteriAll Vegetables and Fruits Wash with 100% natural ingredients that ensures washing away 99.9% germs, harmful pesticides, chemicals, wax, dirt and dust from the surface of fruits and vegetables. With the use of all-natural vegetable surfactant, West Coast Pharma’s SteriAll …

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OYO’s Loyalty Programme OYO Wizard Crosses the 7.5 Million+ Subscribers Milestone, Grows by 50% in 2020

OYO, one of the world’s leading hotel chains today announced that OYO Wizard, its customer loyalty program has crossed the 7.5 million+ member mark as of May 2020. This indicates a 50% growth in subscribers in 2020 over the base last year. One of India’s largest paid hospitality loyalty programs, OYO …

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HCL Technologies achieves 100,000 users actively using Microsoft Teams

HCL Technologies (HCL), a leading global technology company, today announced that it now has over 100,000 employees globally using Microsoft Teams, on a monthly basis. This demonstrates HCL’s effectiveness in enabling its employees  with remote working options and workplace modernization during the global health pandemic. In these difficult times, with …

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