Pai said about 80 pc of those who lose jobs would have employment opportunities in industries in general if they are specialists.

A barrage of rate cuts from the RBI this year has done nothing concrete so far to revive a slowing Indian economy.

Shares of Sun Pharma rose as much as 5.4 per cent to a nine-week high after the announcement.

By 2023, up to 30 per cent of world news and video content will be authenticated to counter deepfake technology, the report said.

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

In the year ended March 2019, Burger King India’s revenue from operations had risen 67 per cent to Rs 633 crore ($89.4 million).

The letter was in reply to the NSE’s request to the company to explain why it had not disclosed the receipt of the letter.

The company did not immediately clarify where or how the money would be used.

Net profit rose 17.24 billion rupees for the three months to September 30, compared with 11.42 billion rupees last year.

Total is the third foreign oil major to enter India’s gas sector after BP Plc and Shell.