Thursday, Jul 09, 2020 | Last Update : 05:52 PM IST

107th Day Of Lockdown

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  Business   Companies

Companies

Tata Sons in talks to buy out AirAsia India stake at steep discount

Tata Sons will likely tie up with other financial investors to acquire AirAsia’s 49% stake in the venture

09 Jul 2020 3:25 PM

Tata Steel sales fall by 23% in Apr-Jun quarter; output down by 28.49%

Tata Steel's India sales were at 2.92 MT, down from 3.96 MT in the year-ago period, while the production volume fell to 2.99 MT from 4.5 MT

09 Jul 2020 1:19 PM

DHL to lay off 2,200 UK workers at Jaguar Land Rover factories

DHL indicated that half of the job cuts are due to a decline in car production and half are the result of anticipated “efficeincy savings”

09 Jul 2020 11:26 AM

Pressure mounts on Johnson & Johnson to halt sales of baby powder globally

Johnson & Johnson said in May it would stop sales in the US and Canada, saying demand had fallen in wake of what it called “misinformation”

09 Jul 2020 11:03 AM

Gilead starts testing inhaled version of remdesivir for COVID-19

Gilead also plans to start additional clinical trials to evaluate remdesivir when used in combination with anti-inflammatory medicines

09 Jul 2020 9:10 AM

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Court grants relief to Hindustan Unilever over 'Glow & Handsome' trademark

The company said its skin cream for men will be called ‘Glow & Handsome’, but Emami launched ‘Glow & Handsome’ digitally one week before

07 Jul 2020 2:57 PM

Infosys brings back 200 stranded employees, families from US

The company brought these people back from San Francisco via a special chartered flight that landed in Bengaluru

07 Jul 2020 11:48 AM

Vizag gas leak: Negligence led to LG Polymers gas leak, says government

The government said there had been a lack of adherence to safety protocols and timely emergency response measures at the plant

07 Jul 2020 9:38 AM

India reviewing around 50 investment proposals from Chinese firms

The official said about 40-50 applications involving funding from Chinese investors filed since rule change and are currently under review

07 Jul 2020 9:07 AM

Chipmaker SMIC set for a huge IPO as China looks to make semiconductor sector self-reliant

SMIC is China’s biggest contract manufacturer of chipsets, and the country's hope to make its tech firms non-dependent on US chipmakers.

06 Jul 2020 9:07 PM

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Mercedes to recall 6,60,000 vehicles in China for oil leak

The announcement follows another recall that began last month of 4,653 imported Mercedes sedans that had incorrect child-safety lock labels

06 Jul 2020 10:21 AM

Reliance plans to up aviation fuel stations by 50%

Reliance Aviation has the highest market share in 20 per cent of the operating airports

06 Jul 2020 9:51 AM

Top-10 firms add Rs 1.37 lakh cr in m-cap; TCS, RIL major gainers

Reliance Industries Limited added Rs 28,464.11 crore to take its market valuation to Rs 11,33,168.55 crore

05 Jul 2020 10:49 AM

Uber takes cost-cutting drive, shuts Mumbai office

In May, Uber had said it is laying off about 600 employees as business has taken a major hit amid COVID-19 pandemic

05 Jul 2020 10:46 AM

Reliance Jio launches its own video conferencing app JioMeet to take on Zoom

The JioMeet video conferencing app is available across Android, iOS.Windows, macOS and web since Thursday evening.

04 Jul 2020 2:28 PM

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Tesla denies reports of firing employees who chose to stay at home

The electric carmaker said that it had waived its attendance policy for several weeks after getting approval to reopen factories

03 Jul 2020 11:42 AM

Black Facebook employee files racial discrimination complaint

Facebook said in a statement it takes discrimination allegations seriously and investigates every case

03 Jul 2020 10:03 AM

GVK, son in CBI net for Rs 705 crore airport scandal

Central investigation agency searches GVK Group offices in Mumbai, Hyderabad

03 Jul 2020 9:44 AM

Intel to invest Rs 1,895 crore in Reliance's digital unit

Intel Capital is 12th company to join the list who have invested in Jio Platforms, taking total investment amount to Rs 1,17,588.45 crore

03 Jul 2020 8:53 AM

Hindustan Unilever rebrands 'Fair & Lovely' as 'Glow & Lovely' amid debate on colourism

The men's range of its products will be called 'Glow & Handsome', Hindustan Unilever Ltd said in a statement.

03 Jul 2020 4:01 AM

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