Home » Business

Business - Page 298

Research and development (R&D) spends of Indian pharma companies have been coming down since FY17 and are expected to remain low in FY20 as well due to challenging market conditions in the US.

Pharma R&D spend to stay low this year

Between FY11 and FY17, several Indian pharma companies have been ramping up their R&D spend, targeting the US market.

8 Oct 2019 1:27 AM IST

Lexus, the luxury arm of Japanese car giant Toyota, has introduced the 7-seater version of the RX, the RX 450hL SUV at Rs 99 lakh at Delhi showroom to boost sales during the festival season. It is priced a whopping Rs 30 lakh less than the standard five-seat RX 450h.

Lexus RX 450hL launched at Rs 99 lakh

Interestingly, the RX 450hL will be replacing the standard model going forward, meaning there will no longer be a...

8 Oct 2019 12:54 AM IST

The Tata Motors-owned British marquee, Jaguar Land Rover, has brought in the updated Jaguar XF sedan to take on the established German trio of BMW 5-Series, Mercedes-Benz E-Class, and Audi A6.

First Drive: Jaguar XF

The second-generation Jaguar XF is an absolute driver's delight, and for good reason.

8 Oct 2019 12:50 AM IST

The total funds held by all foreign clients of Swiss banks rose about 3 per cent to CHF 1.46 trillion or about Rs 100 lakh crore in 2017. (Photo: AP)

India gets first tranche of Swiss account details

This is the first time that India has received details from Switzerland under the AEOI framework.

7 Oct 2019 4:48 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex declines 141 points; Yes Bank rallies 8 per cent

According to experts, market has been witnessing profit-booking post the recent rally on account of corporate tax cut.

7 Oct 2019 4:02 PM IST

Once activated, the in-app SOS button generates a trigger alert to OYOs Safety Response Team with the guest, booking, location and emergency contact details.

OYO to raise USD 1.5 billion in latest round of funding

As part of a Series-F funding, RA Hospitality Holdings will infuse approximately USD 700 million as primary capital,...

7 Oct 2019 2:16 PM IST

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve Indias macro economic indicators.

Crude oil futures up on spot demand

Analysts said raising of bets by participants kept crude prices to trade higher here.

7 Oct 2019 1:28 PM IST

NSDL e-Gov has also established service centre networks across the country, which serves as access points for the public.

Bosch's Primavera joins Vidyasaarathi to offer scholarships for...

Thousands of students have applied for scholarships for studies in fields such as engineering and B.Sc., B.Com among...

7 Oct 2019 12:51 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank shares jump over 4 per cent on fresh investment buzz

Shares of the private sector lender rose 4.15 per cent to Rs 43.85 on the BSE.

7 Oct 2019 12:28 PM IST

Hinduja Group flagship company Ashok Leyland today reported a 20 per cent increase in total sales at 22,453 units for March 2018.

Ashok Leyland stock tanks over 5 pc as co plans to suspend production...

On the BSE, the Ashok Leyland stock slumped 5.29 per cent to Rs 64.50.

7 Oct 2019 12:13 PM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee slips 21 paise to 71.09 vs USD in early trade

The rupee opened weak at 71.00 at the interbank forex market and then fell further to 71.09

7 Oct 2019 10:30 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex opens on a volatile note; Yes Bank rallies 4 pc

The index was trading 72.68 points, or 0.19 per cent, lower at 37,600.63.

7 Oct 2019 10:09 AM IST