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Wipro share price jumps 5% on appointment of new CEO

IT major Wipro share price jumped 5 percent intraday on May 29 after the company appointed Thierry Delaporte as CEO & Managing Director of the company."Wipro announced the appointment of Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6, 2020," the company said in a filing to te exchanges."Until recently, Thierry Delaporte was the Chief Operating Officer of C...

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Yes Bank exits F&O segment, no new contracts to be available for trading from May 29

It was the last day for Yes Bank in the Futures & Options segment on May 28.At close, the stock was down 2.17 percent to close at Rs 27 on the National Stock Exchange.The NSE in its circular dated March 6 had said that no futures and options contracts shall be available for trading in Yes Bank from May 29 onwards.After the lender failed to raise required money in a period of one year, the Reserve Bank of India h...

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SBI extends term loan EMI moratorium, simplifies process to opt for it

The country's largest lender the State Bank of India (SBI) has extended the moratorium on term loan EMIs by another three months, in line with the Reserve Bank of India's (RBI) recent announcement. SBI has also simplified the process through which the customers can opt to defer the EMIs. "For this, the Bank has simplified the process of stopping the EMIs by initiating an SMS communication to nearly 85 lakh eli...

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Coronavirus India LIVE News | Pandemic creating 'lockdown generation' as one in six youths stop work: UN

Live updates of the novel coronavirus pandemic and its socio-economic impact. Total confirmed cases in India have risen to 1,51,767. Today is the sixty-fourth day of India’s nationwide lockdown, meant to curb the novel coronavirus pandemic. Domestic passenger flights resumed earlier this week after two months. Confirmed COVID-19 cases in India stand at 1,51,767. The death toll from the outbreak in India is...

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Modi Govt 2.0 | India at the cusp of a new growth story

More than a year ago before he got a huge mandate for a second term in office, Prime Minister Narendra Modi was asked who was his biggest challenger. He replied: “Modi’s biggest challenger is Modi himself. I have always challenged myself. I have always tried to improve my own performance, and succeeded.” As he completes a year of his second term on May 30, Modi may still think so. Today, however...

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