Business

Vi Business launches Vi Cloud Firewall

Vi Business launches Vi Cloud Firewall

Aiming to secure the business risks of its customers, the enterprise arm of Vodafone Idea Ltd. (VIL), Vi Business has strengthened its security portfolio with the launch of Vi Cloud Firewall, a cloud-deployed security solution for enterprises. Vi Business has partnered with leading security technology provider Firstwave Cloud Technology to introduce Vi Cloud Firewall for the modern business needs. The Firewall solution is powered by Palo Alto Networks VM-Series Virtual Next-Generation Firewall (NGFW) technology, one of the market leaders. Vi Cloud Firewall comes with next generation firewall features. This cost-effective, flexible and network-based solution involves zero capex, zero touch and…
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PNB: Net Profit in FY21 – Rs 2022-Cr

PNB: Net Profit in FY21 – Rs 2022-Cr

Net Profit of Punjab National Bank (PNB) stood at Rs 2022-Crore during FY’21, according to its Financial Results for the quarter and Financial Year ended 31 March 2021. The Bank’s Operating Profit increased Y-o-Y by 28.4% to Rs 22980-Crore during FY21. Net Interest Income grew Y-o-Y by 1.9 % to Rs 6938-Crore during Q4FY21 and by 17 % to Rs 30477-Crore during FY’21. Total Income stood at Rs 22532-Crore during Q4 FY21 and at Rs 93562-Crore during FY’21. Total Expenditure declined by 27.5 % to Rs 16897-Crore during Q4 FY’21 and by 11.6 % to Rs 70582-Crore during FY’21. Gross…
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ICICI Pru Life announces highest-ever annual bonus for policyholders in FY21

ICICI Pru Life announces highest-ever annual bonus for policyholders in FY21

ICICI Prudential Life Insurance declared its highest-ever annual bonus of Rs 867 crore for the policyholders in FY21. Bonus is the share of profits generated by the company’s participating policyholder’s funds. N S Kannan, MD and CEO, ICICI Prudential Life Insurance, said, “We are delighted to announce that the annual bonus for FY2021 is the highest ever in the history of the company. What gives us special satisfaction is the fact that it coincides with the 20th anniversary of our operations.” The stringent investment philosophy of the company has ensured zero defaults in its portfolio since inception and across market…
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Ticked Off: After VP Naidu, Twitter Restores Blue Badge on RSS Chief Mohan Bhagwat’s Account

Ticked Off: After VP Naidu, Twitter Restores Blue Badge on RSS Chief Mohan Bhagwat’s Account

Twitter restored the verified blue tick to Rashtriya Swayamsevak Sangh chief Mohan Bhagwat's Twitter handle on Saturday. It had been removed a few hours earlier. Twitter clarified that the blue badge and verified status could be automatically removed from an account if it is incomplete or inactive for six months as per its rules. The verified status of Vice President Venkaiah Naidu’s personal Twitter has also been restored hours after it was removed due to “prolonged inactivity". Apart from Bhagwat, his colleagues Suresh Soni, Arun Kumar, Suresh Joshi and Krishna Kumar had also the blue tick on Saturday. The blue…
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Punjab National Bank posts a standalone profit of Rs 586 crore in Q4

Punjab National Bank posts a standalone profit of Rs 586 crore in Q4

Punjab National Bank posted a standalone profit of Rs 586.33 crore for the fourth quarter ended March. Interest earned during the quarter raise 36 percent to Rs 18,789.53 crore from Rs 13,858.98 crore earlier. The second-largest PSU lender had reported a loss of Rs 697.20 crore in the January-March period of 2019-20. The financial numbers are not strictly comparable as Oriental Bank of Commerce and United Bank of India were merged with PNB effective April 1, 2020, the bank said. The PSU bank’s domestic net interest margin fell to 2.16 per cent in the fourth quarter of 2020-21 against 3.18…
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Donald Trump’s Facebook and Instagram accounts suspended for two years

Donald Trump’s Facebook and Instagram accounts suspended for two years

Former US President Donald Trump was barred indefinitely from Facebook and Instagram in January in the wake of posts he made on the US Capitol riots. Facebook said Mr Trump's actions were "a severe violation of our rules". Mr Trump said the move was "an insult" to the millions who voted for him in last year's presidential election. Facebook's move comes as the social media giant is also ending a policy shielding politicians from some content moderation rules. It said that it would no longer give politicians immunity for deceptive or abusive content based on their comments being newsworthy. Mr…
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JICA’s initiatives for ecosystem revitalization

JICA’s initiatives for ecosystem revitalization

This year’s World Environment Day theme ‘Ecosystem restoration’ echoes of how it is high time that human beings take effective steps towards reviving their environment. Japan International Cooperation Agency (JICA), through its supported projects, intends to continue to contribute to positive change by curbing greenhouse gas emissions, actively investing in clean energy, transportation and infrastructure and societies adapting to climate change are a few measures that can contribute towards Ecosystem Restoration. JICA has invested 1.3 trillion Japanese Yen (approximately Rs 87,000-crore) towards metro development projects in Indian cities that are supposed to contribute to curtail approximately 1.6 million tons of…
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Karnataka State Government plans to send legal notice to Google

Karnataka State Government plans to send legal notice to Google

After Google search with the keywords of "ugliest language in India" showed Kannada as the top result, India's Karnataka state says it plans to send a legal notice to Google. On Thursday, Google released a statement apologising for "the misunderstanding and hurting any sentiments". Many, including leaders from the southern Indian state, expressed their outrage at the search result on Thursday. It has fixed the search results following a massive outrage. Karnataka minister Aravind Limbavali demanded an apology from the tech company saying that this was an attempt by Google to insult the pride of Kannadigas [Kannada speakers]. "The Kannada…
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PRABHA KHAITAN FOUNDATION TO LAUNCH THE WRITE CIRCLE INITIATIVE IN GUWAHATI WITH KABIR BEDI

PRABHA KHAITAN FOUNDATION TO LAUNCH THE WRITE CIRCLE INITIATIVE IN GUWAHATI WITH KABIR BEDI

Prabha Khaitan Foundation is going the organize The Write Circle Special with seasoned actor Kabir Bedi. Writers and Literati from across the historic city of Guwahati can look forward to being part of the event. Prabha Khaitan Foundation is a non-profit trust dedicated to all-round development of social, cultural, welfare, and humanitarian aspects of Indian society.The interactive session will take us on the life journey of the very versatile Kabir Bedi, through his autobiography titled ‘Stories I Must Tell: The Emotional Life of an Actor’. The session will bring together authors, conversationalists and literature enthusiasts to focus on rejoicing literature.…
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Delhi HC issues summons to Ramdev over Patanjali’s Coronil.

Delhi HC issues summons to Ramdev over Patanjali’s Coronil.

The high court also asked Ramdev's counsel orally to tell him not to make any provocative statement till the next date of hearing on July 13 and respond to the suit. The Delhi high court on Thursday issued summons to yoga guru Ramdev on a suit by Delhi Medical Association (DMA). The DMA said in its petition that Ramdev's company Patanjali is propagating false information about its Coronil kit that it is a cure for the coronavirus disease (Covid-19). The DMA, on behalf of its doctor members advocate Rajiv Dutta, who represented the DMA, said Ramdev's statement in public is…
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