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Just in:   • Industry hails schemes for electronics manufacturing  • Chennai Petroleum writes down inventory of Rs 1,456 cr  • Masks, social distancing and no large gatherings: SOPs for malls  • Mumbai revs back to life in lockdown 5.0  • US stocks end mixed following disappointing data 
Last updated: 05 Sep, 2017  
 Industry News


Chennai Petroleum writes down inventory of Rs 1,456 cr
SME Times News Bureau | 05 Jun, 2020
Oil refinery Chennai Petroleum Corporation Ltd (CPCL) on Friday said that the Covid-19 lockdown had led to crash in crude prices in the international markets and forced it to write down an inventory of Rs 1,456 crore.
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Amazon sellers can now register, manage online business in Hindi
SME Times News Bureau | 05 Jun, 2020
E-commerce major Amazon on Thursday announced that its sellers will now be able to register on Amazon.in marketplace and manage their online business in Hindi.
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RIL shares hit record high post another investment in Jio
SME Times News Bureau | 05 Jun, 2020
Shares of Reliance Industries (RIL) Friday hit a record high of Rs 1,617.70 per share after the company announced to get another major investment in Jio Platforms.
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Business correspondents seek financial support, insurance cover
SME Times News Bureau | 05 Jun, 2020
The Business Correspondents Federation of India has sought financial support from the Centre amid the COVID-19 crisis.
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After over 2 months, hotels to reopen with 'gold' standards of hygiene
SME Times News Bureau | 05 Jun, 2020
Hospitality was the first economic segment to be hit by the ongoing coronavirus crisis, much before the outbreak was declared a pandemic. After more than two months of near shutdown, hotels and resorts will restart offering services with enhanced hygiene measures and protocols.
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ITC strengthens its initiatives in water stewardship
SME Times News Bureau | 05 Jun, 2020
ITC Limited is rapidly scaling up its integrated watershed development and environmental resources replenishment initiatives through partnerships with various state governments. These partnerships will be largely focussed on water stewardship and biodiversity conservation.
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Leading PR firm Edelman to lay off 390 employees, pay cut for senior staff
SME Times News Bureau | 04 Jun, 2020
Chicago-based public relations firm Edelman is laying off 390 people or about 7 per cent of its workforce, a reversal of an earlier pledge to avoid layoffs during the Covid-19 pandemic.
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Curtailed logistics services resume, full ops may take time
SME Times News Bureau | 04 Jun, 2020
Operations of logistics companies have resumed although in a limited manner as the lockdown restrictions have been eased. Resumption of complete operations, however, is likely to take some time.
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Despite concerns, Zoom sales boom amid Covid-19 pandemic
SME Times News Bureau | 04 Jun, 2020
Surrounded by concerns over privacy and security issues, video meet app Zoom has reported $328.2 million in revenue for its quarter that ended April 30, up 169 per cent (year-over-year) as more people join its platform in the social distancing times.
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Zyfra to offer Indian firms digital solutions to reduce Covid risk
SME Times News Bureau | 04 Jun, 2020
Finnish-Russian digital solutions provider for heavy industries, Zyfra, on Tuesday announced it will offer Indian companies a comprehensive product to reduce the risk of spread of coronavirus (Covid-19) at industrial and other facilities.
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  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 06 Jun, 2020
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