ICRA reaffirms AAA stable for Axis Bank’s infra bonds, debentures

ICRA has reaffirmed AAA rating on Axis Bank’s infrastructure bonds and debentures worth Rs 22,205 crore. At the same time, it has reaffirmed A1-plus rating on the private lender’s certificates of deposit worth Rs 60,000 crore. The highest credit quality ratings to Axis Bank’s debt instruments are supported by its strong capitalisation levels with core equity capital at […]

Top medical journal calls for three urgent steps against Covid-19

In an analysis, the Lancet COVID-19 Commission has called for three urgent actions in the COVID-19 response. “First, all regions with high rates of new COVID-19 cases, including the USA and the European Union (EU), should intensify measures to minimise community transmission and deploy COVID-19 vaccines rapidly,” read the Lancet medical journal in its latest […]

IATA’s Chief Economist Brian Pearce to retire in July

The International Air Transport Association (IATA) has said that its Chief Economist Brian Pearce will retire from the organisation in July 2021. A recruitment process has been launched to find a successor in time for a smooth transition. Pearce joined IATA in 2004. Since then, he has built IATA’s evidence-based economic analysis capabilities into the most […]

Study reveals psychosocial factors may drive peritoneal dialysis patient dropout

A retrospective study conducted by Louisiana State University Health New Orleans reported that contrary to previous research, most patients who drop out of peritoneal dialysis may do so for psychosocial reasons. The findings are published in the American Journal of the Medical Sciences’. The research team evaluated the reasons that 27 of […]

Government to facilite businesses with minimum regulation: Nirmala Sitharaman 

The Union Budget sets India in the right direction where the government only facilitates businesses with minimum regulation, Union Finance Minister Nirmala Sitharaman said on Saturday. “If we need a welfare state where the poor are attended, where the government intervenes in health and educational sector, then the need for wealth creation also has […]

V-Guard Industries promoter Chittilappilly sells 40 lakh shares

Consumer electricals and electronics company V-Guard Industries has said that its Promoter and Chairman Emeritus Kochouseph Chittilappilly offloaded 40 lakh shares to promote social causes. “The sale of 40 lakh shares of V-Guard Industries was to raise funds for two initiatives I have undertaken as part of my commitment to social causes,” said Chittilappilly in a statement. On Friday […]

BMC seals 1305 buildings after Mumbai logs 2749 new Covid-19 cases

The Brihanmumbai Municipal Corporation (BMC) on Saturday sealed a total of 1305 buildings after 2749 new COVID-19 cases were reported in Mumbai. “A total of 1305 buildings sealed in Mumbai after 2749 COVID-19 cases reported. 71,838 households residing in these sealed buildings,” BMC said. According to the health department, Maharashtra reported 6,112 new COVID-19 cases, 2,159 discharges, and 44 deaths […]

Study examines effect of consumers picking their own price

Researchers from California Polytechnic State University and the University of Oregon during a recent study examined the potential benefits for firms and consumers of pick-your-price (PYP) over pay-what-you-want (PWYW) and fixed pricing strategies. The study, forthcoming in the Journal of Marketing, is titled “The Control-Effort Trade-Off in Participative Pricing: How […]

Janhvi Kapoor teases ‘Panghat’ song in intriguing poster with ‘Pawri’ twist

Bollywood star Janhvi Kapoor on Saturday dropped an intriguing glimpse from the upcoming song ‘Panghat’ from her forthcoming horror-comedy film ‘Roohi’. The ‘Gunjan Saxena’ actor gave the poster a rather quirky ‘Pawri’ (party) twist and shared it on Instagram. The poster sees the actor dressed in a beautiful lehenga. Not giving away […]

Marilyn Manson abuse allegations under investigation

Weeks after musician Marilyn Manson was dropped by music label Loma Vista Recordings and Hollywood talent agency CAA following abuse allegations levelled against him by multiple women, Manson is being criminally investigated. As per People Magazine, the Los Angeles Sheriff’s Department (LASD) has begun investigating claims of domestic violence involving the 52-year-old singer. LASD said […]

Nitin Gadkari approves 5 highway projects for Andhra, UP

Union Road Transport and Highways Minister Nitin Gadkari on Friday approved five infrastructure projects worth crores of Rupees of Andhra Pradesh and Uttar Pradesh. “Approved development work of 6 Lane Korlam-Kantakapalle section of NH-130-CD worth Rs. 772.70 Crore under Raipur-Visakhapatnam Economics Corridor in the state of Andhra Pradesh,” The Union Minister approved a […]