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A file photo of N. Chandrasekaran, chairman Tata Sons  (Photo: Bloomberg )
SBI, India’s largest lender by assets, is hopeful of its business prospects, though it said that a proper assessment can only be made in a few months (Photo: Mint)
SBI, India’s largest lender by assets, is hopeful of its business prospects, though it said that a proper assessment can only be made in a few months (Photo: Mint)

L&T, SBI cautious on recovery

A realistic assessment of the situation would only be possible after another three months, the SBI chief said

Reliance Jio had placed  ₹4,700-crore bids for mobile tower and fibre assets of Reliance Infratel (Photo: Reuters) (Photo: Reuters)
Over the past few months, Sebi has taken several measures to stop the misuse of the controversy-ridden participatory notes. Photo: Reuters
Over the past few months, Sebi has taken several measures to stop the misuse of the controversy-ridden participatory notes. Photo: Reuters

Sebi paves way for financial innovations through sandboxes

  • Firms who wish to participate in the so-called regulatory sandbox would need to fulfill certain criteria
  • The firms would need to prove that proposed idea is innovative and adds significant value to the existing offering in the Indian securities market and should have a genuine need for live testing the solution on real customers

The private power generation company is also working on an InvIT, which will be launched in the coming quarter. priyanka parashar/mint
While the March quarter was stressed as the market came to a halt due to the pandemic, the company’s FY20 standalone revenue from operations were at  ₹1821 crore, down 8% YoY from  ₹1988 crore in FY19. (Hindustan Times)
While the March quarter was stressed as the market came to a halt due to the pandemic, the company’s FY20 standalone revenue from operations were at 1821 crore, down 8% YoY from 1988 crore in FY19. (Hindustan Times)

Greaves Cotton Q4 revenues down 32% YoY

  • Profit after tax (PAT) for the last fiscal stood at 148 crore, down 12% YoY from 169 crore
  • Total revenues from the engine segment were at 331 crore for Q4FY20, down 33% YoY from 492 crore from year-ago period

AQCH’s human safety study was completed and the drug was found to be safe at the recommended dose for a phase 2 study, Sun Phrama said
(Photo: Reuters)
WeWork CEO Sandeep Mathrani (Photo: Mint)
Ikea's Hyderabad store was closed on March 20 even before the lockdown was implemented to contain the spread of coronavirus in the country (Photo: PTI)
Ikea's Hyderabad store was closed on March 20 even before the lockdown was implemented to contain the spread of coronavirus in the country (Photo: PTI)

Ikea's Hyderabad store reopens from June 8

Ikea India will be reopening its store in Hyderabad from June 8 with strict and strong measures in place to ensure safety of visitors, the Swedish furniture maker said

Karan Virwani
(Photo: Bloomberg)
Zomato had pivoted to groceries with the launch of Zomato Market in April, (Reuters)
The PE firm has deployed capital from its first two funds.
Ninjacart said with this feature, consumers will now be able to trace the complete journey
Natarajan Chandrasekaran, chairman of Tata Sons Ltd (Bloomberg)
A file photo of Tata group chairman Natarajan Chandrasekaran (Photo: Bloomberg)
The Apple Inc. logo is displayed in a window as employees wearing protective masks serve customers inside an Apple store in the Shibuya district of Tokyo, Japan, on Wednesday, June 3, 2020. Shuttered after the coronavirus outbreak forced a series of restrictive measures across the country, Apple reopens its flagship stores in Japan on Wednesday, bringing its physical retail network back online in one of its biggest markets.  Photographer: Kiyoshi Ota/Bloomberg (Bloomberg)
The Apple Inc. logo is displayed in a window as employees wearing protective masks serve customers inside an Apple store in the Shibuya district of Tokyo, Japan, on Wednesday, June 3, 2020. Shuttered after the coronavirus outbreak forced a series of restrictive measures across the country, Apple reopens its flagship stores in Japan on Wednesday, bringing its physical retail network back online in one of its biggest markets. Photographer: Kiyoshi Ota/Bloomberg (Bloomberg)

Apple suppliers developing OLED displays with low power consumption

  • Apple's supply chain partners are reportedly developing new OLED displays for the 2021 iPhones with low-power tech
  • Meanwhile, Apple is expected to launch four new iPhones under the iPhone 12 series in September

Ola's Ride Safe India commitment
File photo, a man walks past a building on the Google campus in Mountain View, Calif.  (AP)
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