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Sometimes ventilators are not giving the results doctors expect from them. (File photo:AP)

Do you see med tech companies flocking to India? Industry is sceptical

Union government is seeing visions of Rs 77,900 crore of manufacturing investment

20 Aug 2020 11:32 PM IST

Stock analysts said sectors like hotels and entertainment are making up for underperformance in pre-Covid times. (Photo: Vivanta Hotels)

Laggard sectors entertainment, hospitality show signs of life in the...

The big gainers on Thursday included Indian Hotels, EIH Hotel, Shoppers Stop, Inox Leisure, Interglobe Aviation

20 Aug 2020 10:37 PM IST

Reserve Bank of India on Thursday released a national strategy for financial education to be implemented in the next five years. (PTI Photo)

RBI releases national strategy for financial education, aims to create...

The strategy will develop credit discipline and encourage availing credit from formal financial institutions as per...

20 Aug 2020 2:24 PM IST

In connection with the Yes Bank money laundering probe case, ED raids five premises of Cox and Kings in Mumbai. (PTI Photo)

Bombay High Court grants bail to Wadhawan brothers in Yes Bank fraud...

The court directed the duo to deposit Rs one lakh each as surety and surrender their passports

20 Aug 2020 1:50 PM IST

Sebi proposes to relax minimum public shareholding norms for firms under insolvency. (PTI Photo)

Sebi to relax public shareholding norms for firms under insolvency

Sebi has sought views of public and market intermediaries till September 18 in this regard

20 Aug 2020 10:47 AM IST

Dr Reddys launches Avigan for COVID-19 treatment. (PTI Photo)

Dr Reddy's launches COVID-19 drug Avigan (Favipiravir)

The launch is part of a global licensing agreement with Fujifilm Chemical that grants exclusive rights to manufacture...

19 Aug 2020 1:44 PM IST

Peoples Bank of China picks up 0.006 pc stake in ICICI Bank. (PTI Photo)

People's Bank of China invests Rs 15 crore in ICICI Bank amid...

Chinese bank was among 357 institutional investors including domestic mutual funds, insurance companies and global...

19 Aug 2020 10:18 AM IST

India urges auto companies to cut royalties to foreign parents. (PTI Photo)

Government asks automakers to cut royalties to foreign parents to...

Maruti Suzuki and Hyundai Motor's pay millions of dollars in royalties to parent companies in Japan, South Korea for...

19 Aug 2020 9:23 AM IST

Reliance buys majority stake in online pharmacy Netmeds for $83 million. (PTI Photo)

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...

19 Aug 2020 9:03 AM IST

Union minister Hardeep Singh Puri on Tuesday said around 3.65 crore jobs would be generated in the construction of houses sanctioned under the Pradhan Mantri Awas Yojana. (PTI Photo)

PMAY(U) to generate 3.65 crore jobs in construction of sanctioned...

Puri said that it is estimated that 158 lakh metric tonnes of steel and 692 lakh metric tonnes of cement would be...

18 Aug 2020 3:05 PM IST

UK retailer Marks and Spencer to axe 7,000 jobs. (AFP Photo)

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...

18 Aug 2020 12:51 PM IST

Indias GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (Representative Image)

GDP to contract 16.5% in Q1 as COVID cases continue to surge: SBI...

The degrowth in corporate gross value added has been significantly better than revenue degrowth in Q1 FY21

18 Aug 2020 10:18 AM IST