Rahul Bajaj to step down from executive role : Bulletin: Business Today
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Rahul Bajaj to step down from executive role

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January 31, 2020

First case of coronavirus confirmed in India; student tested positive in Kerala
The first confirmed case of Novel Coronavirus was reported from Kerala yesterday where a student who had been studying in Wuhan University, China, tested positive. "The patient has tested positive for Novel Coronavirus and is in isolation in the hospital. The patient is stable and is being closely monitored," a PIB statement said. Around 900 people are under obervation across India.

Indian smartphone makers fear supply disruptions due to China virus
The deadly coronavirus outbreak in China could start to disrupt India's production of smartphones if it continues to spread in February, industry executives said, as it could delay component shipments. India is the world's biggest smartphone maker after China but is still largely dependent on China for supplies of parts such as cells, display panels, camera modules and printed circuit boards.

Rahul Bajaj steps down from executive role
Rahul Bajaj, chairman of the Bajaj group, has stepped down as chairman of the holding company, Bajaj Holdings & Investments, and listed companies, including Bajaj Auto and Bajaj Finserv. The patriarch has been a whole-time director and chairman of the automobile making arm since April 1, 1970, and would take a non-executive role.

IBM CEO Ginni Rometty to step down; Arvind Krishna to succeed
International Business Machines Corp Chief Executive Officer Ginni Rometty will hand over the reins to the head of the company's cloud business Arvind Krishna, as the pioneer tech company continues its efforts to rejuvenate itself. Arvind Krishna, 57, who spearheaded the Red Hat deal, will take over in April.

Bank unions' 3-day strike starts today: Operations to be hit, ATMs may run dry
Banks unions will go on three-day strike today after talks over wage revision with managements failed. With this strike, banking operations will be disrupted today. The banks will also be closed on Saturday and Sunday. The bank strike is likely to impact operations of several public sector banks, including SBI.
 
Economic Survey 2020: KV Subramanian to present report card on govt's economic policies today
Chief Economic Adviser Krishnamurthy V Subramanian will present the Economic Survey 2020 today. The document will be tabled in Parliament as the Budget session kick-starts with an address by President Ram Nath Kovind to both the Houses.
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