India's response to Covid-19 has been pre-emptive, pro-active and graded with high-level political commitment. India has shown ‘whole of government’ approach and is adopting ‘whole-of society approach', said WHO regional emergencies director of South-East Asia, Roderico Ofrin, in an interview with ET.
Union Bank of India will become the fifth largest state-run bank after Andhra Bank and Corporation Bank merge with it on April 1. Six banks are being merged with larger peers to get economies of scale.
Companies should temporarily allow cross-functional teams to have more decision-making power – while it may not be possible on the short term to significantly increase the autonomy of specific product departments or locations, it is possible to temporarily assign decision making power to cross functional teams, Howard Yu said.
Mahindra & Mahindra’s Managing Director Pawan Goenka says that companies across the board will face a period of virtually no revenue but some level of fixed costs.
At Tech Mahindra, we strongly believe in “Wellness before Business”, which is why amidst the current Coronavirus outbreak, our focus is on ensuring the well-being of all our employees and partner ecosystem. We are working towards ensuring that our employees are not just aware but also educated on preventive measures that can be taken.
I would be correct to say that the moratorium would be lifted by Saturday, Kumar said.
The man once called the New King of Wall Street talks about the threat from the virus, Blackstone’s India journey, the US-China trade deal and teaching finance to Jack Welch, the legendary GE chief executive who passed away last week.
India has tried to reduce the number of stateless people in the country through the CAA and that should be appreciated, foreign minister S Jaishankar said in a session moderated by Pranab Dhal Samanta.
Improving lives of women should be seen as social investment, women & child development and textiles minister Smriti Irani said in an interaction with ET Now’s Nayantara Rai at The Economic Times Global Business Summit on Saturday.
The income limit to determine the creamy layer has been uniform for rural and urban areas since the time it was introduced. There isn’t much difference in the income levels of rural and urban areas nowadays. So we are not going to set different limits for different areas, says Cabinet minister for Social Justice & Empowerment Thawar Chand Gehlot.
“Wherever in the world MDR has been reduced to the levels where it makes it uneconomical for the acquirer or issuer to participate in the natural business of electronic payments, you tend to lose the momentum. It’s a balancing act,” he said in a telephonic interview.
HDFC Bank MD, Aditya Puri shares his ideas about his successor, where the bank stands, and what’s in store for the economy.
US President Donald Trump was at his candid best as he met top Indian CEOs, largely representing companies that have invested in the US and created jobs. In a half-hour interaction, Trump spoke on a range of issues, including cutting regulations further, tax cuts for the middle class and the presidential elections.
Not long after the results in Delhi, Prashant Kishor has emerged in Patna, launching a campaign that many believe might lead to his own entry into electoral politics. Once a backroom aide who obsessed over his privacy, Kishor is getting used to being recognised in public.
Q&A with Faiz Ahmed Kidwai, principal secretary to chief minister & tourism, government of Madhya Pradesh
In the absence of sustained investments by government, the cure for epidemics such as Covid-19 becomes a challenge, Novartis global CEO Vasant (Vas) Narasimhan tells ET.
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