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HSBC resumes cutting around 35,000 jobs. (AFP Photo)

HSBC to cut around 35,000 jobs

The bank will maintain a freeze on almost all external recruitment, CEO Noel Quinn said in the memo sent to bank's...

17 Jun 2020 11:51 AM IST

India investment body backs incentives for Samsung display plant. (AFP Photo)

Samsung to set up Rs 54 billion smartphone display plant in India

Samsung expects to create some 1,300 jobs at the plant, the facility is likely to begin operations in 2021

17 Jun 2020 8:57 AM IST

From the top-10 list, only Reliance Industries Limited, Hindustan Unilever Limited (HUL) and HDFC ended the week with gains. (PTI Photo)

Seven of top-10 firms lose Rs 78,127 cr in m-cap; HDFC Bank biggest...

HDFC Bank's market valuation plunged Rs 28,391.71 crore to Rs 5,39,305.38 crore

14 Jun 2020 12:49 PM IST

Dr Reddys signs deal with Gilead to register, manufacture and sell Remdesivir in India. (ANI Photo)

Dr Reddy's inks licensing pact with Gilead Sciences for Remdesivir

Gilead Sciences signed similar non-exclusive licensing agreements with Cipla, Hetero Labs, Jubilant Lifesciences, Mylan...

14 Jun 2020 9:59 AM IST

Reliance says TPG and L Catterton to invest in Jio Platforms. (PTI Photo)

TPG, L Catterton to invest Rs 64.4 billion in Jio Platforms

Reliance has now sold just over 22% of Jio Platforms to investors including Facebook Inc, securing $13.72 billion in...

14 Jun 2020 8:47 AM IST

Uday Kotak (PTI file photo)

Kotak hardest hit by RBI plan to cap CEO tenures

The bank's shares were down as much as 5.2 per cent intra-day in Mumbai on Friday

13 Jun 2020 7:57 PM IST

JSW assured the deputy commissioner of Bellary district that all employees will be thoroughly screened before joining duty

Superspreader from Salem at JSW steel plant transmits virus to 90 in...

30 localities in steel town sealed off as virus spreads to dozens in just 4 days

12 Jun 2020 1:22 PM IST

Supreme Court on Friday directed that no coercive action should be taken till July last week against private companies. ( PTI Photo)

SC gives relief to employers, says no action against firms for not...

The bench asked the state governments to facilitate such settlement process and file its report with the labour...

12 Jun 2020 12:37 PM IST

German carrier Lufthansa said on Thursday it will slash 22,000 jobs. (ANI Photo)

Lufthansa to cut 22,000 jobs as travel demand dips on COVID-19 woes

Lufthansa said it will operate about 100 fewer aircraft after the crisis

12 Jun 2020 9:07 AM IST

Chinese companies are putting off plans for U.S. listings as tensions between the worlds top two economies rise. (AFP Photo)

Chinese companies put US listing plans on ice as tensions mount

Many companies that reported plans for US listings to China's securities regulator are now targeting exchanges nearer to...

10 Jun 2020 2:25 PM IST

Parle-G records best sales during COVID-19 lockdown. (Photo- Twitter)

India's favourite biscuit Parle-G records highest sales during...

The company has gained a market share of around 5 per cent in the highly competitive biscuit segment, helped by Parle-G...

10 Jun 2020 1:00 PM IST

Indian firm Panacea aims to make COVID-19 vaccine. (AFP Photo)

Panacea Biotech to partner with US firm Refana for COVID-19 vaccine

The collaboration aims to make more than 500 million doses of vaccine candidate, with over 40 million doses to be...

10 Jun 2020 12:07 PM IST