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Atlas Cycles shuts operations at last manufacturing unit. (Photo- Atlas Website)

Atlas Cycles now only a childhood memory as factory shuts operations

Employees claims the unit was shut without notice

5 Jun 2020 4:02 PM IST

SBI reports over four-fold jump in Q4 profit. (PTI Photo)

SBI Q4 profit jumps over four-fold to Rs 3,581 crore

Income of SBI during March quarter of last financial year rose to Rs 76,027.51 crore from Rs 75,670.5 crore in the same...

5 Jun 2020 3:22 PM IST

Sun Pharma initiates phase-2 clinical trials for potential COVID-19 treatment drug. (PTI Photo)

Sun Pharma begins phase 2 trial on AQCH, a potential COVID-19 drug

The company received approval from Drugs Controller General of India for conducting the trials of phytopharmaceutical...

5 Jun 2020 3:05 PM IST

Reliance Industries shares hit 52-wk high after Abu Dhabis Mubadala deal. (AP Photo)

Reliance Industries shares hit one-year high after another Jio deal

Mubadala Investment Company will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore

5 Jun 2020 2:09 PM IST

Elon Musk, CEO of Telsa Inc. (AFP Photo)

Tesla's Elon Musk calls for breakup of Amazon, says 'monopolies are...

The retailer had no comment on Musk's call but said the book in question, by author Alex Berenson was now available for...

5 Jun 2020 12:41 PM IST

A woman walks past a boutique with a sale sign, Thursday, June 4, 2020, in Cleveland Heights, Ohio. The state says more than 34,000 Ohioans filed unemployment claims during the last week of May. That is the lowest figure since Ohios stay-at-home orders depressed the economy and led to widespread layoffs. (AP Photo/Tony Dejak)

US unemployment rate seen near 20% in May as layoffs remain high

Consumer confidence, manufacturing and services industries are also stabilizing, though at low levels, hopeful signs...

5 Jun 2020 12:03 PM IST

Prime Minister Narendra Modi with his Australian counterpart Scott Morrison during the virtual summit on Thursday. (PTII Photo)

India, Australia ink pact to counter China

Two declarations and seven pacts in defence, cyber, mining and other sectors were announced after 'India-Australia...

5 Jun 2020 11:05 AM IST

Indian labourers work at a construction site on a roadside in New Delhi. Indias 2018-19 jobless rate declines to 5.8%. (AFP Photo)

Unemployment rate falls to 5.8% in 2018-19, says government report

Economists and industry leaders say India's unemployment rate has substantially gone up after the over two-month long...

5 Jun 2020 10:16 AM IST

Industrialist Rajiv Bajaj. (PTI Photo)

Lockdown flattened GDP curve, not COVID-19: Rajiv Bajaj

Airing concerns of the industry, Bajaj said India now needs to generate demand for which a stimulus is required for...

5 Jun 2020 9:52 AM IST

Reliance Industries Ltd said on Friday that Abu Dhabi state fund Mubadala Investment Co will buy a 1.85% stake in its digital unit. (PTI Photo)

Abu Dhabi's Mubadala to buy 1.85% stake in Jio Platforms

The interest in Jio Platforms highlights its potential to become the dominant player in India's digital economy

5 Jun 2020 9:17 AM IST

Asias stock rally pause ahead of U.S. jobs data. (AFP Photo)

Asia's stock rally pause ahead of U.S. jobs data, euro at...

Market sentiment has since been bolstered by powerful central bank stimulus

5 Jun 2020 9:12 AM IST

Amazon in talks to buy $2 billion stake in Bharti Airtel. (AFP Photo)

Amazon in talks to buy $2 billion stake in Bharti Airtel

The discussions between Amazon and Bharti come at a time when global players are placing major bets on digital arm of...

4 Jun 2020 4:07 PM IST