Page 4 - Gireesh Babu

Five in Kerala test positive for Coronavirus, placed under observation

The Kerala government has said that it is strengthening preventive measures in the wake of the fresh cases

45-year-old tests positive for Coronavirus in Chennai hospital

Patient was travelling from Oman, is said to be stable and under observation

Fairfax seeks Canadian regulator's nod to infuse up to $1.5 bn in India

Makes regulatory filings as it seeks to invest in debt, equity or other securities over a 25-month period

PSB merger: Indian Bank announces equity exchange ratio with Allahabad Bank

The government had in August last year announced plans to merge 10 public sector banks (PSBs) into four

BMW will continue to gain segment share despite slowdown: President & CEO

In an interview with T E Narasimhan & Gireesh Babu, Rudratej Singh of BMW Group India says the company has remained competitive despite headwinds

Kerala records best tourist arrivals in 24 yrs in 2019, earns Rs 45,010 cr

Total earnings from tourism stood at Rs 45,010.69 crore, a 24.14% increase from 2018

Need more competition in business to accelarate growth: CEA K V Subramanian

C Rangarajan requests CEA to bring in clarity on GDP growth numbers

India's Patent office rejects Google's application for wearable electronics

The company, in its patent specification, said that the invention comprises of electronic devices provided in shoes or ankle bracelets

Stories from the states: How enumerators are dealing with suspicion

While the Kerala government has vehemently opposed CAA and NPR and has said that it will not collect data for these, people are anxious

Wall Street is beginning to see renewed vigour in Cognizant: CEO Humphries

'We have beaten Wall Street estimates for three quarters in a row now', said Brian Humphries

USUI Susira to set up facility in Chennai, joins industrial cluster

The new facility will come up in Origins by Mahindra World City, an industrial cluster coming up in the city

Apollo Hospitals may acquire IHH Healthcare stake in Kolkata venture

Apollo Gleneagles, Kolkata, is a 50:50 joint venture between Apollo Hospitals and the Parkway Group, which is a part of IHH

Cognizant board to talk business realignment efforts on February 24

Cognizant, which has its roots in Chennai, currently employs around 290,000 people globally. Of this, around 200,000 are in India

Over 8,660 pharma firms claimed tax deduction during 2019-20: I-T dept

The matter will come up again in court on Monday

Tamil Nadu cancels PCPIR project over objections, environmental concerns

The PCPIR in Tamil Nadu, notified in June 2017 in an area of 256.83 square kilometers, had seen an actual investment commitment of Rs 8,100 cr

Customers will no longer get Rs 2,000 currency notes at Indian Bank ATMs

According to a circular issued by the lender's digital banking division on February 17, cash dispensation from Rs 2,000 currency cassettes would be disabled at all ATMs and cash recyclers on March 1

Hyundai expects to roll out mass market electric vehicle in 3 years

The company is also targeting export of up to 200,000 passenger cars in the year 2020. It exported 181,200 in 2019

Hyundai India rolls out 3 millionth car to be exported from Chennai plant

The company had a 26 per cent market share in the passenger car exports in 2019, with 1,81,200 units of the total 706,272 units exported from India. In 2018, the company had shipped 1,60,010 units

Apollo TeleHealth may see realigning of consumer-facing business

There is enough room for growth in the segment with the high mismatch in doctor-patient ratio and demand-supply mismatch between the urban and rural markets, said a senior company official

TN-based educational group admits to having Rs 532 cr of undisclosed income

"The searches are temporarily concluded while further investigations are under progress"