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Maharashtra bans Patanjali’s COVID-19 medicine 'Coronil'

“Despite not having any permissions, if they try to sell the medicine or advertise, an offence will be registered against them,” he said

26 Jun 2020 10:34 AM

Fair & Lovely to lose 'Fair' from name, says Unilever

Several users on Twitter applauded the move, though some said it was too little, too late

26 Jun 2020 9:07 AM

Johnson & Johnson ordered to pay $2.1 billion over cancer-causing talc powder

Johnson & Johnson faced thousands of lawsuits across US alleging it failed to warn consumers of the risk of cancer from its talc products

25 Jun 2020 1:15 PM

Facebook-Jio deal gets CCI nod

Facebook purchased 9.99 percent stake in Jio Platforms for Rs 43,574 crore

25 Jun 2020 11:34 AM

Philippines to investigate Wirecard's missing billions case

Former chief executive Markus Braun, who was arrested in Munich on Monday was released on Tuesday after posting bail of 5 million euros

25 Jun 2020 9:22 AM

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Indian Oil reports first quarterly loss in 4 years after surge in inventory losses

The fall in global prices impacted the group’s financial performance for January-March quarter as the company holds about 45 days inventory

25 Jun 2020 8:56 AM

After turning debt free, Reliance may break-up with IPOs of Jio, retail business

RIL has raised USD 22.3 billion capital market through the sale of 24.7 per cent stake in Jio Platforms and USD 7 billion equity-raise

24 Jun 2020 3:20 PM

Boycott China products: CAIT writes to Mukesh Ambani, 50 others, says let's hit back at China economically

The trader's body expressed hope that Ambani would give a clarion call to promote Indian goods

24 Jun 2020 2:18 PM

Government relaxes manufacturing norms for PPE makers

The norms have been relaxed for filter half masks, surgical face masks and eye protectors by the Bureau of Indian Standards (BIS)

24 Jun 2020 2:12 PM

RCom loans: Anil Ambani denies giving any personal guarantee to three Chinese banks

In both the cases, SBI and Chinese banks the borrowings have been done by a group company and are not personal, Ambani said

24 Jun 2020 12:49 PM

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ASCI flags 50 Ayurveda, homeopathic drug firms for objectionable ads on virus cure

The advertisements were across media platforms and were found to be violating Ministry of AYUSH order

24 Jun 2020 12:44 PM

Reliance Power operating portfolio reaches 6,000 MW, plans capex of Rs 3,300 crore

R-Power renewable projects operated with 98 per cent availability and delivered robust operating performance, Ambani said

24 Jun 2020 10:53 AM

Cipla to price remdesivir version for COVID-19 under Rs 5,000

Gilead said on Monday it is targeting remdesivir supply for more than 2 million COVID-19 patients by the end of the year.

24 Jun 2020 9:16 AM

Gilead Sciences to start trials of inhaled version of remdesivir

The FDA granted remdesivir an emergency use authorisation for the treatment of hospitalised patients with severe Covid-19

23 Jun 2020 3:47 PM

Nestle to rename two popular candies amid global backlash over racist branding

Last week, PepsiCo Inc said it would change the name and brand image of its Aunt Jemima pancake mix, which have been criticized as racist

23 Jun 2020 2:33 PM

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What's the Wirecard scandal? Here's five things to know

Here are the most important facts about a scandal that compares with the collapse of US energy company Enron in the early 2000s.

22 Jun 2020 8:23 PM

Payments services major Wirecard admits 1.9 bn euros missing, in biggest fraud of recent times

Auditors say the 1.9 billion euros that were supposedly sitting in trust accounts in the Philippines likely do not exist.

22 Jun 2020 7:55 PM

Reliance Industries becomes first Indian firm to hit Rs 11.44 lakh crore market cap

Reliance Industries on Friday became the first Indian company to cross the Rs 11 lakh crore market valuation mark.

22 Jun 2020 12:27 PM

Amazon's Small Business Day on June 27 promises to be a karigari treat

Themed stores like ‘India Bazaar’, ‘Budget Buys’ and ‘Bestsellers’ from micro, small and medium enterprises will be showcased.

21 Jun 2020 10:24 PM

Coy Grofers won't touch liquor, while BigBasket, Amazon, Swiggy and Zomato grab a keg

“We serve families mostly, so not looking to get into this,” Grofers co-founder and CEO Albinder Dhindsa said.

21 Jun 2020 8:19 PM

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