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Ask Us: On investments

Given the impact that COVID-19 second wave has had on banks, NBFCs and firms, any entity that sources deposits at high rates would be quite risky. Q. My dad’s post office senior citizens savings scheme deposit will be maturing. Please suggest an investment option that gives better rates without risks. Srinivasan A. The post office Senior Citizens Savings Scheme, being […]

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Healthcare, travel sectors welcome stimulus

‘Scale up medical infra manifold’ Industry and analysts welcomed the targeted interventions — with a special focus on health and tourism — announced by Finance Minister Nirmala Sitharaman. “The measures to keep enterprises afloat in the aftermath of COVID 2.0 in the form of extending loan guarantees to the healthcare, tourism sectors and small borrowers, in addition to increasing the […]

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Ekki to begin production of Homa products in 6 months

Water technologies provider Ekki Group said it plans to commence assembly of German joint venture partner Homa’s products at its Coimbatore facility in the next six months. The company, which had been selling imported Homa products in India since the JV was set up in 2018, has set up an assembly-test-and-paint unit in Coimbatore. “We have tested the products at […]

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Google announces ₹ 113-crore grant to set up 80 oxygen plants, upskill rural health workers in India

The company is broadening its COVID-19 support efforts to help strengthen India’s healthcare infrastructure and workforce. Tech giant Google on Thursday said Google.org – its philanthropic arm – has announced a grant of ₹ 113 crore ($ 15.5 million) to support procurement and installation of about 80 oxygen generation plants and upskilling of healthcare workers in rural parts of the […]

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‘India to have 330 mn 5G connections by 2026’

4G count to touch 830 mn: Ericsson 5G will represent about 26% of mobile subscriptions in India at the end of 2026 with an estimated subscription base of 330 million, according to Ericsson Mobility Report. At least 40 million mobile users could take up 5G in the first year of it being introduced in the country. Also, 4G subscriptions are […]

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Judge stops Biden administration from blocking new oil and gas leases

Fox Business Flash top headlines for June 15 Check out what’s clicking on FoxBusiness.com. A federal judge in Louisiana issued a preliminary injunction blocking the Biden administration from pausing new oil and gas leases on federal land. Judge Terry A. Doughty of the U.S. District Court in Monroe said the administration doesn’t have the legal right to stop leasing federal […]

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IOB net surges twofold to ₹350 cr. as income rises

Bank to focus on recovery, says MD Public sector lender Indian Overseas Bank (IOB) standalone net profit for the fourth quarter ended March increased more than twofold to ₹350 crore on account of a rise in other income and decline cost of deposits. “We have excelled in all the key parameters and have requested the Reserve Bank to remove us […]

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Thoma Bravo Commences Tender All Outstanding Shares, ADSs Of Talend At $66/share – Quick Facts

Thoma Bravo and data integration firm Talend (TLND) announced Friday that Thoma Bravo has commenced the previously-announced tender offer to acquire all of the outstanding ordinary shares and American Depositary Shares (ADSs) of Talend for $66.00 per ordinary share and ADS (each ADS representing one ordinary share) in cash, without interest and less any applicable withholding taxes. The tender offer […]

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Career move: Can I ask for my old job back? Ask HR

With every new job, there’s always going to be an adjustment period, Johnny C. Taylor Jr. advises. (Photo: Getty Images) Johnny C. Taylor Jr., a human resources expert, is tackling your questions as part of a series for USA TODAY. Taylor is president and CEO of the Society for Human Resource Management, the world’s largest HR professional society. The questions are submitted by […]

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