Companies
Reliance acquires majority stake in online pharmacy Netmeds
The company said its investment represents about 60% holding in Vitalic Health Pvt. Ltd. and 100% direct ownership of its subsidiaries
Marks & Spencer to cut 7,000 jobs after sales hit by COVID-19
The job cuts, to be carried out over the next three months, include losses from its central support centre and in its UK stores, M&S said
Samsung mulls producing Rs 3.7 lakh crore worth mobile phones in India
The government expects mobile phones worth Rs 11 lakh crore will be made in the country in the next five years
Reliance in talks to acquire online start-ups Urban Ladder, Milkbasket: Report
The oil-to-telecoms conglomerate's talks with Urban Ladder are at an advanced stage, the report said
After Amazon, Flipkart partners with Diageo-backed HipBar for alcohol delivery
Flipkart and Amazon’s interest in delivering alcohol in India marks a bold move to make inroads into alcohol market worth $27.2 billion
Infosys slaps fine on independent director Bobby Parikh for inadvertent trade
Infosys said the portfolio management services of Bela Parikh had bought 2,754 shares during the open trading window period
J&J ties up with Biological E for manufacturing Covid vaccine in India
Hyderabad firm ties up to produce J&J's vaccine candidate in India
India's cheapest remdesivir version launched by Zydus Cadila at Rs 2,800 per vial
The drug will be sold under the brand name Remdac to government and private hospitals treating COVID-19 patients
Medtronic to invest Rs 1,200 crore to expand Hyderabad R&D center
Research and Development leads to innovation and innovation is crucial to our growth strategy, Omar Ishrak said
US signs $1.5 billion COVID-19 vaccine deal with Moderna for 100 million doses
Moderna’s price per dose comes to around $30.50 per person for a two dose regimen