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Roshni Nadar Malhotra, India’s richest woman, is new HCL Tech chairperson

by pallanus | Jul 17, 2020 | Business News

India’s richest woman Roshni Nadar Malhotra assumed charge as the HCL chairperson after her father, Shiv Nadar, stepped down from the position on Friday. Roshni Nadar Malhotra is the new chairperson of HCL Technologies. (Photo: Getty Images) India’s richest...

India’s electricity output recovers further in first half of July

by pallanus | Jul 16, 2020 | Business News

Power generation fell 3.1% in the first 15 days of July compared with the same period last year, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 9.9% fall in June. Uttar Pradesh, which is home to the largest...

Bill Gates says India’s pharma industry capable of producing Covid vaccine for entire world

by pallanus | Jul 16, 2020 | Business News

Microsoft co-founder and philanthropist Bill Gates has praised India’s pharmaceutical industry and said that it has the capability to produce Covid-19 vaccines for the entire world. Bill Gates is also the co-chair of the Bill & Melinda Gates Foundation....

India’s GDP likely to contract 4.5% in FY21: FICCI survey

by pallanus | Jul 13, 2020 | Business News

Industry body FICCI’s latest Economic Outlook Survey has pegged India’s growth for 2020-21 at (-) 4.5 per cent as the country continues to see a gradual rise in financial stress. Data shows that while overall growth estimates stand at -4.5 per cent, the...

Coronavirus pandemic biggest test of robustness, resilience of India’s economic system: RBI

by pallanus | Jul 11, 2020 | Business News

Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said that the novel coronavirus pandemic is so far the “biggest test of robustness and resilience of our [India’s] economic and financial system”. “Coronavirus pandemic perhaps...
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