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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

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

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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

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

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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

Hetero gets DCGI nod to launch Remdesivir for COVID-19 treatment

The drug will be available in 100 mg vial which will be administered intravenously in a hospital under healthcare practitioner supervision

21 Jun 2020 2:45 PM

ONGC may rationalise capex after COVID-19 impacts project execution

About 9 percent of the company's natural gas output was impacted by inability of customers to take supplies due to coronavirus lockdown

21 Jun 2020 12:37 PM

Amazon gets nod for liquor delivery in West Bengal

Alibaba-backed Indian grocery venture BigBasket has also won approval to deliver alcohol in the state, the notice said

21 Jun 2020 9:12 AM

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Moody's downgrades Tata Motors to B1, changes outlook to negative

TML's credit profile was already under pressure due to lower auto sales and falling demand in key markets even prior to coronavirus outbreak

19 Jun 2020 1:04 PM

Saudi Arabia's Public Investment Fund to invest Rs 11,367 crore in Jio Platforms

PIF's investment will translate into a 2.32 per cent equity stake in Jio Platforms on a fully diluted basis

19 Jun 2020 11:22 AM

Mukesh Ambani's Reliance Industries is now 'net debt free'

Ambani said Reliance raised Rs 1.15 lakh crore by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd

19 Jun 2020 10:02 AM

Swiss watchmakers fear job cuts as sales hit by COVID-19 crisis

Swiss watch exports plunged 68% in May

18 Jun 2020 2:40 PM

Oppo cancels live phone launch in India amid demands to boycott China products

To launch the phone, the company instead uploaded a 20-minute, pre-recorded video

18 Jun 2020 10:11 AM

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