Home » Business

Business - Page 82

Huawei cuts India revenue target by up to 50%, laying off staff. (AP Photo)

Huawei is laying off 60-70% staff in India, cuts revenue target for...

Huawei is now targeting $350-$500 million in revenue for 2020, compared with roughly $700-800 million it was aiming...

27 July 2020 10:25 AM IST

Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors. (AFP Photo)

Gold prices hit all-time high amid US-China spat

Gold rose 1.0% to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011

27 July 2020 9:39 AM IST

Lupin, Granules India recall around 9.71 lakh bottles of diabetes drug in the US market. (Representative Image)

Lupin, Granules recall 9,71,000 bottles of Metformin supplied to US

Hyderabad-based Granules India is recalling over 4.78 lakh bottles of the drug in 750 mg strength

27 July 2020 8:58 AM IST

Bajaj Auto is witnessing a strong revival in demand for two-wheelers in the domestic as well as international markets. (PTI Photo)

Two-wheeler sales rebound, three-wheelers to take longer: Bajaj Auto

In April-June, the company sold 1,85,981 units in the domestic market, down 69.55 per cent from 6,10,936 units in the...

26 July 2020 5:37 PM IST

China imports more oil from Saudi than any other country in June. (AFP Photo)

China's crude imports from Saudi hit fresh high in June

Imports from Saudi Arabia rose to 8.88 million tonnes or 2.16 million bpd in June

26 July 2020 4:17 PM IST

Maharashtras Food and Drug Administration (FDA) plans to buy remdesivir from a Gujarat-based company. (ANI Photo)

Maharashtra FDA to buy remdesivir from Gujarat firm

State FDA minister Rajendra Shingne said the government plans to publish the price and availability of the drugs online...

26 July 2020 3:55 PM IST

Diesel price nears Rs 82 a litre after 15 paise increase. (PTI Photo)

Diesel price at record high in Delhi

Petrol prices on Sunday remained unchanged. Prices of petrol have remained static at Rs 80.43 per litre for almost four...

26 July 2020 3:23 PM IST

Jack Ma , Alibaba Chairman summoned by Indian court on former employees complaint. (AFP Photo)

Court summons Alibaba, its founder Jack Ma on complaint of spreading...

The judge has also sought written responses from the company and its executives within 30 days, according to the summons

26 July 2020 2:31 PM IST

Former RBI governor Raghuram Rajan says that US-China conflict to impair global trade which is vital for Indias re-opening. (PTI Photo)

Global trade extremely important for India's re-opening, says Raghuram...

Rajan cautioned that corporations, households and governments will have enormous levels of debt as they move out of the...

24 July 2020 4:29 PM IST

Maruti commences bookings for petrol version of S-Cross. (Photo- Carwale)

Maruti Suzuki S-Cross petrol bookings are now open

The model comes with a 1.5 litre BSVI-compliant petrol powertrain equipped with smart hybrid technology, MSI said in a...

24 July 2020 2:01 PM IST

Sun Pharmas arm Taro resolves all cases with US Dept of Justice. (PTI Photo)

Sun Pharma's Taro resolves multi-year investigations over generic drug...

Taro Pharmaceutical said that it is discussing a separate corporate integrity agreement with the department of health...

24 July 2020 1:03 PM IST

India toughens public procurement rules for bidders from bordering nations. (AP Photo)

In move against China, India tightens rules on investments from...

The Indian government's statement said the decision was taken to strengthen the defence of India and national security

24 July 2020 9:55 AM IST