Synopsis
Yes Bank aims to cut expenses by more than 20% by relocating its offices from the central business district to new locations to rationalise cost, people in the know said.
Agencies
Private lender
Yes Bank will give up its entire leased space in Indiabulls Finance Centre in central Mumbai and occupy the erstwhile Anil Dhirubhai Ambani Group headquarters at Santacruz as early as next week, bringing down its operational and rental costs substantially.
“It will be a lock-stock-barrel move out of the Indiabulls-owned building… This will save the lender at least a few hundred crores in annual rent,” an industry official aware of the development told ET. “It’s also renegotiating rent and shutting several branches to substantially reduce operational expenses.”
Much like that tribe indomitable Gaulish village resisting the Roman invaders, one small village in Thane has managed to stand its ground admirably against the raging scourge of Covid-19 for over 15 months!
Indiabulls Housing Finance, Prism Johnson, Mas Financial Services, TCI Express, JK Tyres and Heritage Foodsare among companies that will announce their March quarter results today.
Indiabulls healthcare arm to offer Rs 90-crore of non-critical drugs in Covid aid
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Last Updated: May 13, 2021, 09:03 PM IST
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Synopsis Our objective is to deliver free of cost COVID-19 care kits to 25 lakh households benefiting 50 lakh adults at their homes. Our service went live today and mass supplies will begin from Friday. To help avoid duplication/wastage, we will charge Rs 25 from each household as delivery charges, Chari said.
Agencies
Since the launch, it has served over 6 lakh people through its dedicated 200 licensed general practitioners and specialist doctors.
The
Indiabulls Group, through its digital healthcare arm Dhani Healthcare, is working on a plan to extend Rs 90-crore worth of COVID-19 aid to a targeted 25 lakh needy families by home-delivering non-critical medicines and vitamins, beginning Friday. Dhani Healthcare is a digital platform offering telemedicine and online pharmacy services. It provides online medical video consultations and d