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USD 10 billion bailout for Germanys Lufthansa passes hurdle. (AFP Photo)

German airline Lufthansa agrees to give up airport slots for $10...

Lufthansa had agreed to compromise in which airline will have to give up several prized landing slots at Munich and...

30 May 2020 3:47 PM IST

Three Indian companies get licence to manufacture NASAs coronavirus ventilators. (Photo- NASA)

Three Indian companies get licence to manufacture NASA's coronavirus...

Apart from Indian firms, 18 other companies, including 8 American and 3 Brazilian are selected to manufacture critical...

30 May 2020 2:33 PM IST

US firms in Hong Kong awake to sad day as Trump vows to curb economic ties. (AP Photo)

US firms in Hong Kong awake to 'sad day' as Trump vows to curb...

Trump said Beijing had broken its word over Hong Kong's high degree of autonomy by proposing new national security...

30 May 2020 8:32 AM IST

At a meeting on Saturday in the national capital, India along with two other neighbours Bangladesh and Nepal discussed a draft enabling memorandum of understanding (MoU) to be signed by the three countries for implementation of the BBIN (Bangladesh, Bhutan, India and Nepal) MVA (Motor Vehicles Agreement).

Despite virus outbreak, Tamil Nadu attracts 17 investors worth...

The companies which signed the MoUs are from Germany, Finland, Taiwan, France, South Korea, Japan, China, USA,...

27 May 2020 5:20 PM IST

Uber India cuts 600 jobs amid coronavirus outbreak. (AFP Photo)

Uber India lays off 600 employees

Uber fired a total of 6,700 employees across the world and with this 25% of its global workforce is now out of job

26 May 2020 1:31 PM IST

Indias Glenmark to test potential covid19 drug combination. ( Photo- Glenmark Pharma)

India's Glenmark to test potential covid19 drug combination

Glenmark is already conducting clinical trials in India of just favipiravir as a potential treatment for COVID-19

26 May 2020 12:28 PM IST

This image provided by Stuff, shows CEO Sinead Boucher in Auckland, New Zealand Nov. 28, 2019. Stuff, one of New Zealands largest media organizations has been sold for a single dollar to the chief executive, Sinead Boucher in a management buyout that would be completed by the end of the month. (AP Photo)

New Zealand's largest media company being sold for just $1 to its CEO

Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge

25 May 2020 10:23 AM IST

Amazon India to hire 50,000 temporary workers as lockdown boosts demand. (AFP Photo)

Amazon India to hire 50,000 temporary workers as lockdown boosts...

The temporary hires will work in Amazon's fulfillment centers and as part of its delivery network

22 May 2020 3:38 PM IST

Indiabulls Group asks nearly 2,000 employees to resign. (PTI Photo)

Indiabulls sacks nearly 2,000 employees

Some employees of the company have claimed that they received a transfer order as they have not submitted their...

22 May 2020 1:14 PM IST

KKR to invest in Reliance Industries digital unit. (PTI Photo)

Reliance Jio gets 5th deal, KKR invests Rs 11,367 crore for 2.32%...

The purchase of the 2.32% stake in Jio Platforms for 113.67 billion rupees is KKR's biggest investment in Asia

22 May 2020 8:55 AM IST

UK engine-maker Rolls-Royce says to axe 9,000 jobs. (AFP Photo)

Rolls-Royce to axe 9,000 jobs

Airlines and their supplies have been among the hardest hit businesses by lockdowns to contain the pandemic

20 May 2020 4:04 PM IST

Ola to layoff 1,400 staff as COVID-19 pandemic hits revenues. (PTI Photo)

Ola decides to downsize and -"let go-" of 1,400 employees

Revenues declined by 95 per cent in the last two months due to coronavirus pandemic

20 May 2020 2:25 PM IST