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France's Renault to slash around 15,000 jobs worldwide

India Blooms News Service
Paris/Xinhua/UNI: France's second leading carmaker Renault on Friday announced that it would cut 14,600 posts worldwide and reduce production capacity over the next three years in order to save 2 billion euros (2.22 billion US dollars) and focus on profitable segments of activities.
Italy might face up to 1Mln job cuts due to COVID-19 pandemic
Rome/Sputnik/UNI: From 700,000 to 1 million people in Italy might lose their jobs due to the economic effects of the COVID-19 pandemic, the head of industrial employers group Confindustria, Carlo Bonomi, said on Friday.
Panelists discuss the way forward for India's financial sector at a session hosted by the ...
Kolkata/IBNS: Kolkata-based Bengal Chamber recently organized an online panel discussion on "COVID-19 - The Changing Landscape of India's Financial Sector - What Lies Ahead" to focus on the new era banking role, strategies for empowering small players, mutual funds and understanding market, health insurance, general insurance and life insurance strategies in the pandemic affected world.
Bank of India reduces MCLR, MSME, housing and auto loan interest rates
Mumbai: Bank of India has reduced its Benchmark Marginal Cost of Funds Lending Rate (MCLR) by 25 bps across all tenors. The one year MCLR is now at 7.70% p.a.
Lockdown: India’s Core sector output contracts by 38.1 pct in April
New Delhi/IBNS: Reflecting the impact of the nationwide lockdown to fight against COVID-19, production output of  eight core industries shrunk by -38.12 in April 2020%, as per data released by the Indian government on Friday.
Indian Market: Sensex rallied by 223.51 points
Mumbai/UNI: The Indian Equity market maintained its positive trend for the third straight session on Friday, as BSE Sensex advanced by 223.51 points to close high at 32,424.10 on brisk buying in Realty, Oil and Gas, Health Care, FMCG and Capital Goods stocks.
Indian Rupee declines by 4 paise against USD
Mumbai/UNI: The Rupee on Thursday eased by four paise to close negative at 75.75against the greenback on rising demand for US Dollar by bankers and importers, dealers at Forex Market said.
L& T moves up by 6.17 pc to Rs 903.05
Mumbai/UNI:  L & T on Thursday rallied by 6.17 per cent to Rs 903.05 a major gainer in 30 scrips of BSE.
Indian market: Sensex shines, surges by 595.37 points
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Thursday shot up by 595.37 points to close high at 32,200.59 on brisk buying in Capital Goods, Auto, Industrials and Realty stocks ahead of the expiry of futures and options contracts of May series.
Indian Market: Sensex advanced over 200 pts
Mumbai/UNI: The BSE Sensex on Thursday rallied by 222 points to open at 31,827.80 on renewed buying in the Finance, Bankex and Capital Goods, ahead of the expiry of futures and options contracts of May series, amid positive Asian Market.
Indian Rupee down by 17 paise against USD
Mumbai/UNI: The Rupee on Thursday slipped by 17 paise to 75.88 against USD
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