Infosys, IISc ink Rs 5cr MoU for research

Bengaluru, Sep 25 :   Infosys Foundation, IT major Infosys’ philanthropic arm, has signed a Rs 5 crore MoU with the Indian Institute of Science (IISc), Bengaluru to enhance research related to infectious diseases, the company said on Monday.

The Memorandum of Understanding would help improve the infrastructure and broaden research activities…

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Sensex gets a scare on global headwinds, dives 287 pts

Mumbai, Sep 25 (PTI) Stocks were a bundle of nerves today as the Sensex plunged over 287 points and the Nifty broke below the 9,900-mark in opening trade on persistent concerns about US-North Korea tug-of-war amid foreign capital exit.

All sectoral indices were in the…

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Economy booster package should look at raising capital expenditure: Rangarajan

New Delhi, Sep 22 :  Attributing the fall in economic growth to demonetisation and GST, former Reserve Bank of India Governor C. Rangarajan said on Friday the government’s proposed package to revive the economy should partly raise capital expenditure and tackle problems that prevented private investments from rising.

“The package…

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Appropriate action to tackle economic slowdown soon: Jaitley

New Delhi, Sep 21 :  Acknowledging that private investment was short in coming, Finance Minister Arun Jaitley on Thursday said that the government will come out with “appropriate action” at the right time to boost the economy.

“From day one, this is a proactive government. We are analysing the economic indicators…

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