ITC Hotels launches Lavanderia
ITC Hotels has launched Lavanderia, contact light laundry services now available to customers in various metros across India....
Business
India witnesses 6 times growth in IoT patents, healthcare leads: Nasscom
There has been six times growth in Internet of Things (IoT) patents in India over the last five years and more than 80 per cent of these patents were related to applications pertaining to Industry 4.0, with the healthcare and automobile industry leading the way, a Nasscom report said on Friday.
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Mumbai revs back to life in lockdown 5.0
After nearly 80 days of lockdown, the country's commercial capital Mumbai and other parts of Maharashtra revved back to life, setting in motion the crucial economic activities that were virtually paralysed due to the Covid-19 pandemic, here on Friday....
Production of bikes, cars begins in Rajasthan in unlock-1
With the start of unlock phase-1, the economic activities suspended so far in Rajasthan due to the Covid-19 lockdown have resumed....
Lockdown has flattened GDP curve not Covid's: Bajaj to Rahul
Rajiv Bajaj has said that the nationwide lockdown implemented to curb the spread of the Covid pandemic has decimated the economy "You flattened the wrong curve. It is not the infection curve, it is the GDP curve. This is what we have ended (up) with, the worst of both worlds."...
Warehouse workers in US sue Amazon over Covid-19 risk
A group of Amazon warehouse workers from a facility in New York has sued the e-commerce giant allegedly for unsafe working conditions, thereby putting them and their families at risk of Covid-19 conditions, the media reported....
US services sector contracts for 2nd straight month
The US services sector contracted for the second straight month in May despite the gradual reopening of businesses across the country amid the COVID-19 pandemic, the Institute for Supply Management (ISM) said in a report.
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US Fed likely to offer more guidance on rates next week
The US Federal Reserve is likely to provide more guidance at its policy meeting next week to signal intentions to keep interest rates near zero for a few years so as to help the economy get through the COVID-19 pandemic, according to several economists....
New Microsoft programme to empower agritech startups in India
Microsoft on Wednesday launched a new programme to help agritech startups in India build industry-specific solutions, scale and grow with access to deep technology, business and marketing resources....
Brent above $40/bbl as output cut extension expected
Crude oil prices continued to rise on Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia, are likely to meet in days ahead to review the output cut decision....