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BMW losses almost $800 million as sales slide during lockdowns. (AFP Photo)

BMW records first loss since 2009 as pandemic hits sales

The company reported an operating loss of 666 million euros, compared with an operating profit of 2.1 billion euros in...

5 Aug 2020 4:00 PM IST

Lupin launches COVID-19 drug Favipiravir in India at Rs 49 per tablet. (AP/PTI Photo)

Lupin launches Covihalt at Rs 49 per tablet for COVID treatment

Favipiravir has received authorisation from the Drug Controller General of India for emergency use, Lupin said

5 Aug 2020 3:30 PM IST

Sashidhar Jagdishan, the Strategic Change Agent at HDFC Bank, will succeed Aditya Puri as the chief executive officer. (Photo- Twitter)

Sashidhar Jagdishan to take charge as HDFC Bank CEO from October 27

HDFC Bank on Tuesday said the appointment of Jagdishan has been approved by the RBI for three years starting from...

5 Aug 2020 2:04 PM IST

Indias fuel demand may take 6 to 9 months to rebound to normal levels as several states impose lockdown. (PTI Photo)

Fuel demand may take at least 6-9 months to rebound to normal levels:...

Fuel sales had fallen by a record 45.8 per cent in April when a nationwide lockdown was in place to check the...

5 Aug 2020 9:50 AM IST

Gold rises by Rs 97, silver almost flat . (AFP Photo)

Gold price rises to Rs 54,830, silver falls to Rs 66,855 per kg

In the international market, gold was quoting marginally lower at USD 1,975.4 per ounce, while silver was flat at USD...

5 Aug 2020 8:59 AM IST

Indias fuel demand loses steam, slips in July after two months of gains. (PTI Photo)

Fuel demand in July falls due to high prices, fresh lockdowns

Petrol sales by state companies fell by 1% to 2.03 million tonnes in July from June, and by about 11.5% from a year...

4 Aug 2020 9:13 AM IST

Indian laborers work at a goverment building construction site during reimposed weekend lockdown to prevent the spread of coronavirus in Jammu, India. AP Photo

Real estate sentiment hit an all-time low in Apr-Jun due to pandemic,...

The office market, on the other hand, has shown nearly 98-99 per cent rent collection and low relevant micromarket...

3 Aug 2020 5:33 PM IST

Sensex tanks 667 pts; Nifty ends below 10,900. (PTI Photo)

Indices extend loses for 4th day, Sensex plunges 667 points, Nifty...

Kotak Bank was the top loser in the Sensex pack, falling over 4 per cent

3 Aug 2020 4:30 PM IST

Wockhardt to supply millions of doses of COVID-19 vaccines to UK. (PTI Photo)

India's Wockhardt to supply COVID-19 vaccines to UK

UK government reserved one fill-and-finish production line at Wockhardt subsidiary in Wrexham, Wales for exclusive use...

3 Aug 2020 4:27 PM IST

Indias manufacturing sector activity contracts for 4th straight month in July. (PTI Photo)

Manufacturing activity shrinks again in July, PMI below June-level

In April, the index had slipped into contraction mode, after remaining in the growth territory for 32 consecutive months

3 Aug 2020 1:01 PM IST

DCGI gives nod to Serum Institute for phase 2, 3 trials of Oxford COVID-19 vaccine. (AP Photo)

Serum-Oxford COVID-19 vaccine gets DCGI grant for human trials in...

The panel had also recommended that the clinical trial sites which have been proposed for the study be distributed...

3 Aug 2020 9:09 AM IST

Six of 10 most valued companies lose Rs 1.38 lakh cr in market valuation. (PTI Photo)

Six of 10 most valued companies lose Rs 1.38 lakh crore in m-cap; RIL...

The market valuation of Reliance Industries Limited (RIL) plunged by Rs 50,239.78 crore to Rs 13,10,323.21 crore

2 Aug 2020 10:33 AM IST