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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

Apple supplier Foxconn, others hit as India holds up imports from China

More than 150 Foxconn shipments containing smartphone and electronic parts were stuck at the port of Chennai

02 Jul 2020 4:28 PM

Novartis reaches $678 million settlement with US authorities over doctor-bribe claims

The settlement resolves a 2011 whistleblower lawsuit accusing Novartis of violating the federal False Claims Act and Anti-Kickback Statute

02 Jul 2020 12:22 PM

AYUSH ministry nod for Patanjali Coronil, but conditions apply

The Union ministry confirmed that Patanjali can sell the product but not as a cure for COVID-19

01 Jul 2020 4:42 PM

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Fujifilm partners with Dr Reddy's to sell Avigan for COVID-19 treatment

In June, Glenmark received regulatory approval for favipiravir, generic form of Avigan, as treatment for virus infections in India

01 Jul 2020 2:55 PM

Cisco accused of job discrimination based on Indian employee's caste

Cisco’s workforce includes thousands of Indian immigrants, most of whom were born Brahmins or other high castes

01 Jul 2020 10:36 AM

Carlyle to buy 25% stake in Bharti Airtel's data centre business

Nxtra is building multiple large data centres to capture the significant growth opportunities in the country

01 Jul 2020 9:36 AM

Bharat Biotech’s COVID-19 vaccine gets nod for human trials

Human trials are scheduled to start across the country in July, developed and manufactured in Bharat Biotech’s facility in Hyderabad

30 Jun 2020 4:12 PM

Gilead prices COVID-19 drug remdesivir at $2,340 per patient in developed nations

Remdesivir is expected to be in high demand as one of the only treatments so far shown to alter the course of COVID-19

30 Jun 2020 11:23 AM

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Zomato employees burn company's t-shirts, says we won't work for 'Chinese' company

Some of them claimed that they had quit their job as Zomato has a sizeable Chinese investment

28 Jun 2020 11:14 AM

Carlyle Group to buy 20 pc stake in Piramal Pharma for over Rs 3,700 cr

Carlyle recently bought majority stake in SeQuent in the animal pharma space

27 Jun 2020 12:18 PM

Hindujas fight over fortune: Over $11 billion family assets at stake

Hinduja brothers signed a document saying assets held by one brother belong to all, and each of them will appoint others as their executors

26 Jun 2020 2:57 PM

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

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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

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

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