INDIA | Pixr8 News

27Mar By PriyankaNo Comments

INDIA

Cognizant India to give 25 pc extra Payment to Two-Third of its Staff

IT firm Cognizant will give employees who are at associate level and below in India and the Philippines, an additional payment of 25 percent of base pay for April, in recognition of their extraordinary continuity-of-service efforts amid the COVID-19 outbreak. The move is expected to benefit over 1,30,000 Cognizant employees in India. Cognizant CEO, Brian Humphries in a note to employees said, the additional payment will be processed with their April paychecks, and that the company will be reviewing this approach monthly. Describing the pandemic as one of the biggest shocks to the world in decades, Humphries said that Cognizant, like all global companies, is experiencing the effects of this public health emergency on both the demand and fulfilment sides of its business, from Londo...

Coronavirus: How Pune School Using Technology to Teach its Students

19Mar By PriyankaNo Comments

INDIA

Coronavirus: How Pune School Using Technology to Teach its Students

Coronavirus may have led to the closure of schools and colleges in Maharashtra, but technology and social media apps have come to the rescue of students. A Phoneix world school at Kharadi, Pune is using WhatsApp and Gmail to send class assignments to its students. The local government had directed schools and colleges in the state to remain shut till March 31, due to the coronavirus outbreak in the state. Despite the lockdown, educators at Phoneix world school at Kharadi, Pune have ensured that there are no roadblocks in the process of learning, by giving class assignments on WhatsApp and Gmail. Teachers have formed class-wise WhatsApp groups to help students continue their studies without interruption. "I have been sending different subjects assignment for my students. I a...

17Mar By AdityaNo Comments

INDIA

Indian Online Grocery Platforms Order Surges Amid Coronavirus Threat

Indian online grocery platforms Grofers and BigBasket are witnessing up to two-fold growth in purchases as authorities in multiple cities close malls and shopping places to contain the coronavirus pandemic. The e-tailers said they are shoring up supplies amid the sudden increase in demand due to panic buying across a number of cities in the last couple of days. These companies are witnessing very high demand for products in the personal hygiene category as well as immunity boosting items such as honey and ayurvedic products. "In the last couple of days we have seen what we may call panic buying across a number of cities and categories. Cities like Mumbai, Bangalore, Pune and Ahmedabad have seen a higher surge with nearly 80 per cent growth followed by Delhi NCR and Hyderabad at a...

6Mar By AnkitaNo Comments

INDIA

Indian Payment Apps Hit Amid Yes Bank crisis

As Yes Bank went into moratorium, many Indian digital payment platforms bore the brunt on Friday as transactions were disrupted, including Walmart owned PhonePe facing "long outage". PhonePe, which depends exclusively on Yes Bank as its payment services provider (PSP), was down since the order was imposed and also had to suffer the more-than-friendly barbs of rival Paytm Payments Bank on Twitter. Yes Bank was put under moratorium late Thursday evening, with several caps, including allowing depositors to withdraw only Rs 50,000 per account and a slew of others including not taking fresh liabilities. This resulted in the bank being unable to render the services as a PSP, experts said. Even late in the evening, PhonePe was yet to start the Unified Payments Interface services, for...

17Feb By AnkitaNo Comments

INDIA

After Court Order, Indian Telecom Airtel Pays Rs 10,000 crore dues

With the government coming down heavily on telcos after the Supreme Court's rap, Bharti Airtel said it has paid Rs 10,000 crore to the telecom department towards statutory dues. The company said it will make payment of balance amount after self-assessment exercise. "The...amount of Rs 10,000 crore has been paid on behalf of Bharti Airtel, Bharti Hexacom, and Telenor," the Sunil Mittal-led company said in a statement. As much as Rs 9,500 crore has been paid on behalf of Bharti Airtel (including Telenor India which merged with the company), and another Rs 500 crore for Bharti Hexacom. As per the government's assessment, Airtel owes nearly Rs 35,586 crore in statutory dues, including licence fee and spectrum usage charge. After facing the ire of the Supreme Court for putting o...

29Jan By AdityaNo Comments

INDIA

India Finds Solution For Chinese Coronavirus

Indian AYUSH ministry issued a health advisory and recommended that homeopathic and unani medicines could be effective in the prevention of novel coronavirus (nCoV) infections. The advisory was issued following a meeting on Tuesday of the scientific advisory board of the Central Council for Research in Homoeopathy (CCRH) under the Ministry of AYUSH to discuss ways and means for the prevention of the nCoV infection through homeopathy, the ministry said in a statement. It has recommended that homeopathic medicine Arsenicum album 30 could be taken empty stomach daily for three days as a prophylactic medicine against the infection. The dose should be repeated after one month by following the same schedule in case the nCoV infection prevails in the community, the advisory said, adding...

26Jan By PriyankaNo Comments

INDIA

Naukri.com Founder gets India’s Fourth Highest Civilian Award

New Delhi, 26th Jan, 2020: Sanjeev Bikhchandani, founder and vice-chairman of Naukri.com, India's leading job site, was on Saturday conferred with Padma Shri, one of the highest civilian awards. According to a home ministry statement, Bikhchandani has been given Padma Shri in the category of trade and industry. Soon after his name was announced, Sanjeev Bikhchandani tweeted, "Honoured and privileged to find my name in the Padma Shri list.While I have been given this award the truth is I owe it to the joint efforts and support of so many other people - colleagues, friends and family. Proud to represent the start up entrepreneur community in this list His company also runs Jeevansathi.com, 99acres.com, and Shiksha.com. In addition, it has made strategic investments in promising we...

ICICI Bank Introduces ‘Cardless Cash Withdrawal’ through ATM

21Jan By AnkitaNo Comments

INDIA

ICICI Bank Introduces ‘Cardless Cash Withdrawal’ through ATM

Mumbai, 21st January 2020: Indian private sector bank ICICI announced the launch of a ‘Cardless Cash Withdrawal’ facility from its ATMs. This service enables customers to withdraw cash from over 15,000 ATMs of the bank by simply raising a request on ‘iMobile’, its mobile banking application. It is a simple and convenient way to withdraw cash without using a debit card. The ‘Cardless Cash Withdrawal’ service can be used for self-withdrawal when customers do not wish to carry the debit card. The daily transaction limit as well as per transaction limit is set at Rs. 20,000. Speaking on the launch, Mr. Anup Bagchi, Executive Director, ICICI Bank said, “ICICI Bank has been at the forefront of digital innovations since its inception. The offering of ‘Cardless Cash Withdrawal’ from...

Paytm Payments Bank issued 6 Lakh FASTags in November

11Dec By Press Trust of IndiaNo Comments

INDIA

Paytm Payments Bank issued 6 Lakh FASTags in November

Paytm Payments Bank (PPB) issued 6 lakh FASTags in the month of November, according to the company statement. The Ministry of Road Transport and Highways had announced that toll payments on highways would be accepted through FASTags only from December 1. This was later extended to December 15. In a statement, PPB said it sold 6 lakh tags in the month of November and claimed that it has equipped over 1.85 million vehicles with FASTags. The National Electronic Toll Collection (NETC) program, the flagship initiative of the Ministry of Road Transport and Highways, has been implemented on a pan-India basis in order to remove bottlenecks and ensure seamless movement of traffic and collection of user fee as per the notified rates, using passive radio frequency identification (RFID) tec...

9Dec By Press Trust of IndiaNo Comments

INDIA

Indian Market Regulator Sebi Scans Matrimonial Website to Catch Manipulators

To catch manipulators, Indian market regulator Sebi has started looking at matrimonial profiles of suspected persons to establish the link with family members in front running cases. The markets watchdog has been scanning Facebook accounts of suspected persons in cases related to insider trading cases. In the case of front running of several funds of Fidelity Group entities, Sebi has checked the profile of a trader Vaibhav Dhadda (who was using the alias Avi) at the matrimonial website www.jainshubhbandhan.com in order to establish his link with family members. The matrimonial website has mentioned Vaibhav as the son of Alka Dhadda, Sebi said in an interim order dated December 5. In addition, his passport details also showed Alka Dhadda as his mother. After gathering eviden...

3Dec By AnkitaNo Comments

INDIA

Thomas Cook India Acquires Branding Rights for India, Sri Lanka & Mauritius

Travel services firm Thomas Cook India has entered into an agreement to acquire the rights of the Thomas Cook brand in India, Sri Lanka and Mauritius for around Rs 13.9 crore. The company has signed a pact with AlixPartners, Thomas Cook UK's appointed special managers, to acquire the exclusive ownership of the brand in these three markets for one-time payment of GBP 1.5 million (around Rs 13.9 crore), the travel services company said in a statement. "I am delighted that we have been able to sign an agreement to acquire the rights to the iconic Thomas Cook brand across India, Mauritius & Sri Lanka. The brand is one of the most respected names in the travel services space and one that we at Thomas Cook India have operated uninterrupted for 138 years since 1881," Thomas Cook (India...

12Nov By AdityaNo Comments

INDIA

Indian Railways’ 1st ‘private’ train Tejas Made Profit

12th Nov, 2019, New Delhi: IRCTC's Tejas Express has made a profit of around $97k (Rs 70 lakh) till October this year while earning a revenue of nearly $516k (Rs 3.70 crore) through sale of tickets, sources said, signalling a steady start for the Railways' first "privately" run train. The Indian Railway Catering and Tourism Corporation's Lucknow-Delhi Tejas Express is part of the Railways' bid to develop 50 railway stations of world-class standards and allowing private passenger train operators to run 150 trains on its network. The train has run with an average occupancy of 80-85 percent since it began operations on October 5, the sources said. From October 5 to October 28 (21 days, as the train, runs six days a week), the expenditure incurred by IRCTC in running the train was aroun...