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Ratan Tata, Chairman Emeritus of The Tata Group (R) and Air Asia Group CEO Tony Fenandes. Tata Sons is in talks to buy out AirAsia Group Bhds stake in their airline joint venture in India. (AFP Photo)

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

9 July 2020 3:25 PM IST

Tata Steel sales fall 23 pc to 5.28 MT in Apr-Jun qtr; output down 28.49 pc. (PTI Photo)

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...

9 July 2020 1:19 PM IST

DHL plans to cut as many as 2,200 jobs of U.K-based workers at Jaguar Land Rover factories. (AFP Photo)

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 ...

9 July 2020 11:26 AM IST

Non-profits groups urge Johnson & Johnson to halt sales of Baby Powder globally. (AFP Photo)

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

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

9 July 2020 11:03 AM IST

Gilead Sciences Inc said on Wednesday it has started an early-stage study of its antiviral COVID-19 treatment remdesivir that can be inhaled. (AFP Photo)

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...

9 July 2020 9:10 AM IST

Court grants relief to Unilevers India unit over Glow & Handsome trademark. (Photo- Twitter)

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

The company said its skin cream for men will be called Glow & Handsome', but Emami launched Glow & Handsome' digitally...

7 July 2020 2:57 PM IST

Infosys brings back over 200 employees, their families from US via chartered flight. (PTI Photo)

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

7 July 2020 11:48 AM IST

Probe into deadly Andhra Pradesh gas leak finds LG Polymers negligent. (PTI Photo)

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

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

7 July 2020 9:38 AM IST

Indian government is reviewing around 50 investment proposals involving Chinese companies under a new screening policy. (AFP Photo)

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...

7 July 2020 9:07 AM IST

The SMIC IPO push is part of the Communist Partys strategy to develop global leaders in artificial intelligence, big data, and other advanced sectors.

Chipmaker SMIC set for a huge IPO as China looks to make semiconductor...

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

6 July 2020 9:07 PM IST

Mercedes-Benz will recall more than 660,000 vehicles in China later this year for a possible oil leak. (AFP Photo)

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...

6 July 2020 10:21 AM IST

Billionaire Mukesh Ambanis Reliance Industries Ltd (RIL) plans to increase its network of aviation fuel stations by 50 per cent. (PTI Photo)

Reliance plans to up aviation fuel stations by 50%

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

6 July 2020 9:51 AM IST