Sunday, Sep 20 2020 | Time 10:43 Hrs(IST)
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  • Two Maoists killed in exchange of fire in Telangana
  • BSF foils smuggling bid, recovers weapons, narcotics on IB in Jammu's Arnia
  • US ready to punish countries that are against renewed UN sanctions against Iran - Pompeo
  • Security forces launch CASO in south Kashmir
  • Chinese mainland reports no new locally transmitted COVID-19 cases
  • Myanmar reports 393 more COVID-19 cases, 5,263 in total
  • Chinese mainland reports 10 new imported COVID-19 cases
  • Trump says he will nominate a woman as Ginsburg's replacement
  • Trump administration expecting reinstatement of UN sanctions on Iran on Sunday
  • Death toll from COVID-19 in Brazil over 136,000
  • Include police in 'My Family, My Responsibility' campaign: minister
  • Civil engineer succumbs to head injury during treatment in Jalgaon hospital
  • Hunt on for 10 men who ransacked petrol pump in Palghar, beat up staff
  • Five arrested for killing one, injuring 2 others in Thane
  • Deadly poison sent to White House
Business Economy


Universal Sompo General Insurance and BSE EBIX join hands to sell General Insurance products

Mumbai, Aug 17 (UNI) Universal Sompo General Insurance Company Ltd, a joint venture between Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investment Corp and Sompo Japan Insurance Inc announced its alliance with BSE Ebix Insurance Broking Private Limited (BSE Ebix), a joint venture between BSE and Ebix Fincorp Exchange Pte Ltd to sell General Insurance products using strong distribution network of BSE Ebix in a completely digitized environment.
The partnership has been initiated with the offering of Universal Sompo's recently launched Corona Kavach cover which is a short-term policy to cover COVID-19 related hospitalization expenses through certified Point of Sales Persons (PoSPs) of BSE Ebix. Presently, BSE Ebix has more than 7,200 registered PoSPs, and is growing daily.
Due to the spike in the number of COVID-19 cases, Insurance Regulator IRDAI had asked insurers to design specialized products covering the treatment cost of coronavirus. Corona Kavach policy seeks to address this very need of the general public. The strategic association between Universal Sompo General Insurance and BSE EBIX will enable more people to avail insurance plans and protect themselves and their families against the deadly virus.
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Schneider Electric announces investment in machine learning tools, data science

19 Sep 2020 | 10:13 PM

Mumbai, Sep 19 (UNI) Schneider Electric on Saturday announced the impact of a new multi-million dollar investment in machine learning tools and data science.

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KVIC’s firmness forces Flipkart, Amazon, Snapdeal to remove 160 fake Khadi products Online

19 Sep 2020 | 4:06 PM

New Delhi, Sep 19 (UNI) Khadi and Village Industries Commission’s (KVIC) firmness has forced e-commerce portals like Amazon, Flipkart, Snapdeal and others to remove over 160 web links selling products in the brand name of 'Khadi'.
In a statement on Saturday, the KVIC said that the development comes in wake of KVIC serving legal notices to over 1,000 firms using the brand name 'Khadi India' to sell their products and thus causing damage to its reputation and the loss of work to Khadi artisans.

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Bullion Market closing rates

19 Sep 2020 | 3:38 PM

Chennai, Sep 19(UNI) Following is the bullion markets
closing rate here today.

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Shanghai Electric Showcases Smart Energy Solution at China International Industrial Expo on Worlds Clean Up Day

19 Sep 2020 | 2:44 PM

SHANGHAI, Sept 19, 2020 /PRNewswire/ - Shanghai Electric gave a strong impression at the 22nd China International Industrial Expo (the "Shanghai Industrial Fair"), which took place during September 15-19 at the Shanghai National Convention and Exhibition Center. The company presented exhibitions on Smart City, Smart Energy, Intelligent Manufacturing, and Intelligent Transportation in line with the Fair's theme of "Intelligence, Interconnection - New Development of Enabling Industry."

This year, the Shanghai Industry Expo adopted a new mode of exhibition with "offline as the main and online as the supplement." The expos included nine different exhibition areas including CNC machine tools and metal processing, industrial automation, energy conservation and industrial support along with a new generation of information technology and applications.

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The Kozhikode Coir market

19 Sep 2020 | 2:42 PM

Kozhikode, Sep 19 (UNI) Following were the rates in the Kozhikode Coir market today per quintal,
Coir Koyilandi No 1 Rs 9, 100
No 2 Rs 8, 300
Beypore No 1 Rs 6, 500
NO 2 Rs 6, 000.

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