Asia shares rise as investors look ahead to Fed meeting

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Asian shares rose on Monday, despite the roller coaster ride that closed Wall Street last week, as traders awaited cues from the US central bank expected later in the week. Japan's ruling Liberal Democratic Party was set to pick a new leader, who will by definition become the prime minister because of the party's control over the more...

Dollar Industries Limited announces Q1 FY21 results

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Kolkata,August 2020: Dollar Industries Limited, one of the leading Garment & Hosiery Company in the country have announced its financial results for the quarter ended June 30, 2020. Highlights for Q1FY21 Standalone Financials § Total Revenue for Q1FY21 stood at Rs.160.17 crore as compared to Rs.233.94 crores for Q1FY20, De-growth of 31.53%. § Operating Revenue...

L&T Finance Holdings announces financial results for the quarter

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L&T Finance Holdings (LTFH), a leading, well-diversified Non-Banking Financial Company (NBFC)announced the financial results for the quarter ended June 30, 2020.It isamongst the leading financiers across its focused businesses today and continues to leverage its strengths, built over the years,for building a stable and sustainable organization. The company remained resilient in Q1FY21, enduring the challenges posed by COVID-19,by maintainingenhanced...

Zendesk Commended by Frost & Sullivan for Its Customer-focused Sales

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BENGALURU— July, 2020— Based on its recent analysis of the North American small and mid-sized business (SMB) mobile worker apps market, Frost & Sullivan recognizes Zendesk with the 2020 North American Product Leadership Award for its Sell sales force automation (SFA) solution. The solution stands out for its ease of use, affordable pricing, creative bundling, ongoing support, and emphasis...

WADHWANI FOUNDATION LAUNCHES ‘SAHAYATA’ INITIATIVE

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India, July 7th, 2020: The Wadhwani Foundation (WF) today announced the Sahayata Initiative to help distressed small and medium enterprises (SMEs) affected by the economic crisis and public health workers improve COVID-19 knowledge and skills. The Wadhwani Foundation is a leading non-profit Foundation serving India and other developing countries with the mission of accelerating job creation through large scale...

Wipro partners with NASSCOM to unveil Future Skills platform

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Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company has partnered with the National Association of Software and Services Companies (NASSCOM) to launch the Future Skills platform for 10,000 students from over 20 engineering colleges in India. This is a part of Wipro’s Corporate Social Responsibility programme, TalentNext...

IIFL Financeto raise up to Rs. 2,000 crore via Bonds

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Mumbai, January 18, 2019: IIFL Holdings Limited said, its subsidiary, India Infoline Finance Limited (IIFL Finance), a leading Non-Banking Financial Company, will open a public issue of bonds on January 22, 2019, to raise up to Rs. 2,000 crore, for the purpose of business growth and expansion. The UK-based CDC Group backed IIFL Finance will issue secured and...

Rupee, bond prices gains as retail inflation eases to 13-month low

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Indian rupee and bond prices gained on Tuesday after consumer price inflation slowed to a 13 month low which eased fears of expected rate hike in the near term. At 9.15am, the home currency was trading at 72.72 a dollar, up 0.24% from its Monday’s close of 72.89. The currency opened at 72.79 a dollar. Rupee, bond prices...

Regulator wants corporates to raise more funds via bonds. Here’s what it means for you

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Recently, SEBI has come out with a consultation paper titled “Designing a Framework for Enhanced Market Borrowings by large Corporates”. It is a nudge to corporates to access the bond market rather than rely only on bank funding. It says companies with more than Rs 100 crore in long-term borrowing should raise 25 percent or more of their funds...

Amazon’s road to enter food retail business in India hits a hurdle

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The road into food retail business in India is no longer smooth for Amazon, as the government has directed the e-commerce giant not to share any equipment, machinery or warehouses from its current marketplace business for the planned venture, reported The Economic Times. In July last year, the US-based company received government approval to invest in building a...