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Mukesh Ambani Led Reliance JIO inks deal with Social Media giant Facebook. Facebook To Invest ₹ 43,574 Crore In Jio Platforms For A 9.99% Stake

Mumbai, April 22, 2020: Reliance Industries Limited (“Reliance Industries”), Jio Platforms Limited(“Jio Platforms”) and Facebook, Inc. (“Facebook”) today announced the signing of bindingagreements for an investment of ₹ 43,574 crore by Facebook into Jio Platforms. This investmentby Facebook
Business

India resumes limited business operations with conditions, Govt ensures no mass gatherings & free movement without following lockdown guidelines

India’s 1.3 billion population has been under one of the world’s toughest lockdowns with people forbidden from stepping out of their homes except for food and medicines until May 3. But Prime Minister Narendra Modi’s government said some activities, including factories and farming, would be allowed from Monday in the hinterland which has been less-hard […]
Breaking News

Centre asks States and Union Territories for strict compliance of lockdown measures without any dilution to fight COVID-19

Home Ministry has urged States and Union Territories to ensure strict compliance and implementation of revised consolidated guidelines on lockdown measures without any dilution to fight COVID-19. In a letter to states, the Ministry observed that certain states are allowing activities not permitted under Home Ministry guidelines. Home Ministry spokesperson said Violations
Health

Maharashtra, Rajasthan, MP, WB to be examined by Inter-ministerial central teams to assess COVID-19 situation

Inter-ministerial central teams to assess COVID-19 situation in Maharashtra, Rajasthan, MP, WB Union Government has constituted six Inter-Ministerial Central Teams to make on-spot assessment of COVID-19 situation, issue necessary directions to State Authorities for its redressal and submit their report to the Centre. The teams will focus on compliance and implementation of
Business

Partial relaxation in Kerala. Kerala to implement odd-even scheme from today. The relaxations of restrictions imposed would come into effect in the Green and Orange-B zones in the state

The relaxations of restrictions imposed would come into effect in the Green and Orange-B zones in the state Thiruvananthapuram: The Kerala government announced relaxation of COVID-19 lockdown restrictions in two zones, allowing among others private vehicles movement in an odd-even basis and dine-in services at hotels from Monday. State police chief Loknath Behera said the
Breaking News Business

India tightens FDI norms for investors from neighbouring countries in the wake of COVID-19 pandemic. Move intended to restrict China to control indian companies via automatic route

New Delhi. A company or an individual from a country that shares land border with India can invest in any sector here only after getting government approval, according to DPIIT. The decision, which is likely to impact foreign investments from countries like China, has been taken to curb “opportunistic takeovers or acquisitions” of domestic firms […]
Breaking News Business World

Living In A World Of Uncertainty. COVID-19 may change the world order like never before, People may come out of streets to get two meals a day.

Covid-19 pandemic has devastated the world with as many as 210 Countries and Territories around the world have reported a total of 2,252,370 confirmed cases of the coronavirus COVID-19 that originated from Wuhan, China, and a death toll of 154,322 deaths. India has reported the number of positive coronavirus cases in at 14,425,14,425 with death […]