Elders leading from the front to fight COVID
As part of the economic relief package to the Covid-hit, Karnataka Chief Minister B.S. Yediyurappa on Tuesday released Rs 2,000 subsidy each to over 2 lakh registered street vendors across the state under the Deendayal Antyodaya (national urban livelihood) scheme.
The scheme has been formulated under skill development, entrepreneurship and livelihood development. The subsidy is a gesture to thousands of street vendors whose livelihood was affected by the pandemic s second wave and the extended lockdown imposed since April 27 across the state to contain the virus spread, said the Chief Minister in a statement.
In compliance with Govt. of Karnataka directiveABB Power Products and Systems India announced that in compliance with Order dated 07 May 2021 issued by the Government of Karnataka and its subsequent clarifications, for the purpose of breaking chain of COVID 19 transmission, the manufacturing facility of the Company situated in Peenya, Benguluru, Karnataka remains closed effective Monday, 10 May 2021 and as per the aforesaid order.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising
3M India rose 0.80% to Rs 25,110, extending gains for the second day.
The stock has added 2.67% in two sessions from its recent closing low of Rs 24,456.40 on 10 May 2021.
On a year-to-date (YTD) basis, the stock has added 20.35% while the benchmark Sensex has added 2.15% during the same period.
On the technical front, the stock s RSI (relative strength index) stood at 43.769. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.
The stock was trading above its 100-day and 200-day daily simple moving average (SMA) placed at 23844.45 and 22034.48, respectively. However, it traded below its 50-day SMA place at 26526.52.
said his government was keen on supporting new age firms in Karnataka and assured to provide all necessary assistance. He was speaking at a virtual meeting with the CEO and founder of Triton Electric Himanshu Patel on investment opportunities for Triton Electric vehicles in Karnataka on Monday. The Government of Karnataka is very keen to support entry of new age firm like Triton Electric Vehicles and all assistance will be provided with complete customised facilitation, the Chief Minister was quoted as saying in an official statement. He explained that the EV cluster in Ramanagara is being created over an area of 500 acres, which will offer a strong and concentrated EV ecosystem.