Wednesday, Aug 12 2020 | Time 18:02 Hrs(IST)
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  • Saudi Arabia cuts off its loan, oil supply to Pakistan
  • Withdrawal of Statewide complete lockdown on August 28 (Friday)
  • Assam govt ‘hesitant’ to fix definition of ‘Assamese people’ at fag end of term
  • Install all procured ventilators by August-15: Div Com to DCs
  • Ecstasy pills worth Rs 1 6 crore from Belgium, Dutch seized
  • Sri Lankan cabinet ministers take oath
  • US Senator with roots in Chennai, is US VP candidate, family elated, OPS hails her selection
  • AISMA seeks insurance cover, up in arms against Bibek Debroy Committee recommendations
  • Youth needs to take inspiration from Netaji’s life & strive towards building a New India: Naidu
  • COVID 19 tally crosses 90 K in Bihar
  • Sheela gives birth to three cubs in Bengal Safari Park; Two half-adult elephants found dead in Buxa Tiger Forest in North Bengal
  • Capt Amarinder launches Rs 92 cr 'Punjab Smart connect schemes
  • Governor convenient punching bag in political crossfire:Dhankhar
  • COVID-19: Bangladesh registers 42 more fatalities in last 24 hours
  • COVID-19: Aurangabad reports three fatalities, 123 new cases in one-day
Business Economy


Toyota Kirloskar Motor to resume production at its Bidadi Plant in K'taka from Monday

Toyota Kirloskar Motor to resume production at its Bidadi Plant in K'taka from Monday

Bengaluru, Jul 16 (UNI) Toyota Kirloskar Motor (TKM), on Thursday announced that it will start production at its Bidadi Plant in Karnataka from Monday as the revised directives issued by the Karnataka Government allowed residents in Bengaluru urban and rural districts to move and commute for industries located inside industrial estates.

TKM had suspended its operations from the second shift on Tuesday following the announcement of lockdown on July 14.



TKM will continue to swiftly navigate the crisis by taking all possible preventive and remedial measures by closely working with various stakeholders including the relevant statutory authorities, according to a press release by TKM here on Thursday.

Ever since unlocking, TKM has been prudent about the number of employees working at the plant in Bidadi. At any given point, only 40 to 45 per cent of the production workforce has been attending work so as to maintain all norms of social distancing. On a daily basis, all employees have to self-declare their health condition, as a reassurance to their safe health. This has been possible due to the resilient internal communication that TKM has been maintaining with all its employees.

The office staff at TKM’s corporate and regional offices, continue to ‘work from home’ to help mitigate risks. In addition to the safety protocols that are being followed, TKM has initiated the task of providing safety kits.

UNI MSP ASN 1635

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Unbxd announces game-changing 5-minute AI-powered search and product discovery setup tool for online retailers

12 Aug 2020 | 5:34 PM

SAN MATEO, California, Aug. 12, 2020 /PRNewswire/ -- Unbxd Inc., a leading provider of AI-based Commerce Search and Product Discovery solutions, announced its new 5-minute AI activation tool for online commerce businesses. With this new feature, online commerce sites across verticals will be able to set up sophisticated and contextually relevant search within minutes of creating an account with Unbxd using AI, dramatically increasing customer conversions and sales.

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Reliance Foundation makes partnership with W-GDP

Reliance Foundation makes partnership with W-GDP

12 Aug 2020 | 5:23 PM

Mumbai, Aug 12 (UNI) Reliance Foundation Under the Women’s Global Development and Prosperity (W-GDP) initiative has announced a new partnership with US Agency for International Development (USAID)
New partnership would bridge the gender digital divide in India.

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Mahindra Manulife Mutual Fund Launches ‘Mahindra Manulife Arbitrage Yojana,’ an open ended scheme investing in arbitrage opportunities

Mahindra Manulife Mutual Fund Launches ‘Mahindra Manulife Arbitrage Yojana,’ an open ended scheme investing in arbitrage opportunities

12 Aug 2020 | 5:20 PM

Kolkata, Aug 12 (UNI) Mahindra Manulife Mutual Fund, a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL) launches ‘Mahindra Manulife Arbitrage Yojana,’ an open ended scheme for investment in arbitrage opportunities available in equity, derivatives and debt markets.

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Bharat Forge Q1 net loss at Rs 127 32 cr

12 Aug 2020 | 5:12 PM

Mumbai, Aug 12 (UNI) Bharat Forge has reported a net loss of Rs 127.32 crores for the quarter ended June 30, 2020 as against net profit of Rs.171.92 crores for the quarter ended June 30, 2019.

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Valuefy steers against the currents to hire a new COO as part of their global expansion

12 Aug 2020 | 5:10 PM

MUMBAI, India, Aug. 12, 2020 /PRNewswire/ -- Valuefy, a premier investment technology company, soars high to hire Yateen Chodnekar as their new Chief Operating Officer for their global operations. Yateen has extensive experience over two decades in leading IT teams across multinational organizations like Boston Consulting, Merrill Lynch, Deutsche Bank, and Morgan Stanley. In his prior roles as CIO, Board Member, he has groomed multi-country, multi-cultural teams to support businesses across borders.

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