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SBI posts net profit of Rs 18,176 crore in FY20

On the quarterly basis, the bank reported a net profit of Rs 3,581 crore in the March quarter, as compared to Rs 838 crore in the corresponding quarter last year.

COVID-19 cure: Sun Pharma's dengue drug AQCH enters Phase II clinical trial

COVID-19 drug: The clinical trial will be conducted across 12 centres in India in 210 patients for 10 days and the results of the clinical trial are expected by October

Biocon's founder Kiran Mazumdar-Shaw named 'Entrepreneur Of The Year'

From India, Kiran is the third recipient of EY World Entrepreneur Of The Year. Before her, Uday Kotak of Kotak Mahindra Bank won this award in 2014, and Narayana Murthy of Infosys Technologies Limited in 2005

RBI sets up Payments Infrastructure Development Fund to boost digitisation

Reserve Bank of India will make an initial contribution of Rs 250 crore to the fund, covering half the fund, and the remaining contribution will be done by card-issuing banks and other card networks operating in the country

Iffco Tokio hired 400 employees during lockdown; gave annual increments

Iffco Tokio has not scaled back its hiring plans despite coronavirus pandemic, and has also rolled out annual increments at a time that saw many employers scaling back costs

 
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