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Artisans and weavers who were part of Amazons Karigar program witnessed a 2.5X growth on Amazon after the event, while women entrepreneurs selling as part of Amazon Saheli program witnessed a growth of 1.7X, Amazon said.

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...

21 Jun 2020 4:54 PM GMT

Amazon and BigBasket have got approval to deliver liquor in West Bengal.

Coy Grofers won't touch liquor, while BigBasket, Amazon, Swiggy and...

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

21 Jun 2020 2:49 PM GMT

Drug firm Hetero on Sunday said it has received approval from regulator DCGI to launch investigational antiviral drug Remdesivir. (AFP Photo)

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...

21 Jun 2020 9:15 AM GMT

Experts trying to cap gas-bearing well no-9 at Oil and Natural Gas Commissions Konaban site in Tripura. Oil and Natural Gas Corp (ONGC) has warned that the COVID-19 pandemic will impact the speed of execution of its projects. (PTI Photo)

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...

21 Jun 2020 7:07 AM GMT

Amazon.com Inc has secured clearance to deliver alcohol in West Bengal. (AFP Photo)

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 3:42 AM GMT

Chairman of Tata Sons and Tata Motors, Natarajan Chandrasekaran. Moodys downgrades Tata Motors to B1. (AFP Photo)

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...

19 Jun 2020 7:34 AM GMT

Reliance Industries and Jio Platforms on Thursday announced an investment of Rs 11,367 crore by Saudi Arabias Public Investment Fund. (PTI Photo)

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

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

19 Jun 2020 5:52 AM GMT

Mukesh Ambanis Reliance Industries becomes net debt free after Rs 1.69 lakh crore fund raising. (PTI Photo)

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...

19 Jun 2020 4:32 AM GMT

Swiss watchmakers expect fallout from the coronavirus pandemic will have a lasting impact on demand for watches. (AFP Photo)

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

Swiss watch exports plunged 68% in May

18 Jun 2020 9:10 AM GMT

Chinas Oppo cancelled the live online launch of its flagship smartphone in India. (AFP Photo)

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

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

18 Jun 2020 4:41 AM GMT

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 6:21 AM GMT

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 3:27 AM GMT