The Times Of India Business
RIL to cover Covid vaccination costs for staff
Billionaire Mukesh Ambani's Reliance Industries Ltd will bear the cost of vaccinating its employees and their immediate family, totaling an estimated 12.2 lakh, as the oil-to-telecom conglomerate looks to safeguard them against the Covid-19 virus.
Indian tea exports dip 18% in 2020
India, the world’s second largest tea producer, saw tea exports fall by about 18% or 44 million kg (mkg) to 208mkg in 2020 compared to 252mkg in the previous year, according to industry sources. However, Kenya, the country’s toughest competitor in tea exports, saw its exports increase by 22mkg to 519mkg in 2020.
Tata to go solo, no tie-up with Tesla, says Chandra
Putting at rest all speculation around a partnership with Tesla, Tata Sons chairman N Chandrasekaran said on Wednesday that there is “no dialogue” with the Elon Musk-owned car company for a partnership in India, while adding, “We will do it on our own.”
Sensex slumps over 440 pts, Nifty below 15,000
The BSE benchmark sensex tumbled over 440 points and the NSE Nifty cracked below the key 15,000-level in early trade on Friday in line with a slump in other Asian markets as US bond market turmoil continued to fan investor worries globally
EPFO liquidates equity outlay, retains 8.5% payout for FY21
The decision was taken at a meeting of the EPFO’s central board of trustees headed by labour minister Santosh Gangwar. It will need to be endorsed by the finance ministry, which is known to raise the red flag almost every year before holding itself back.
10 power assets attacked by Chinese cyber group
According to Christopher Ahlberg, CEO of Recorded Future, the Massachusetts-based enterprise security outfit that detected the intrusions, 10 Indian power sector assets and the Mumbai and Tamil Nadu’s VO Chidmabaranar ports came under attack.
Covid-19 prompts women to take ownership of money, invest more: Survey
A greater number of women in India are taking ownership of their money and investing more as compared to 2020, when the Covid-19 pandemic ravaged the economy and hit household budgets, according to a survey.
Wipro to acquire UK-based consultancy Capco for $1.45 billion
IT services major Wipro Limited on Thursday announced that it has signed an agreement to acquire Capco, a global management and technology consultancy to banking and financial services industry, for $1.45 billion.
Why global power grids are still vulnerable to cyber attacks
More than five years after massive cyber attacks left a quarter of a million Ukrainians without electricity, the world’s power grids have become even more vulnerable to hackers. As utilities turn to sources of renewable energy and add millions of other components like smart meters, they’re rapidly multiplying the number of connections and sensors, widening the potential for intrusions.
Sensex slips 599 pts; Nifty ends below 15,100
Equity indices plunged on Thursday after rising for three straight sessions dragged down by losses in metal and financial stocks. The benchmark BSE sensex dived 599 points or 1.16 per cent to close at 50,846; while broader NSE Nifty moved 165 points or 1.08 per cent lower to settle at 15,081.