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AstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc about a potential merger. (AFP Photo)

AstraZeneca approaches Gilead about potential merger

Gilead, AstraZeneca and several other drugmakers are racing to develop vaccines for COVID-19

7 Jun 2020 4:06 PM IST

Pharma major Divi's Labs reports 32.96 per cent rise net profit

Consolidated net profit was up to Rs 388.23 crore for the quarter ended March 31, 2020

6 Jun 2020 5:20 PM IST

L&T board reappoints AM Naik as non-executive chairman for three years

Starting off as a junior engineer in 1965, Naik has seen L&T become a multinational conglomerate

6 Jun 2020 4:26 PM IST

Atlas Cycles shuts operations at last manufacturing unit. (Photo- Atlas Website)

Atlas Cycles now only a childhood memory as factory shuts operations

Employees claims the unit was shut without notice

5 Jun 2020 4:02 PM IST

Sun Pharma initiates phase-2 clinical trials for potential COVID-19 treatment drug. (PTI Photo)

Sun Pharma begins phase 2 trial on AQCH, a potential COVID-19 drug

The company received approval from Drugs Controller General of India for conducting the trials of phytopharmaceutical...

5 Jun 2020 3:05 PM IST

Elon Musk, CEO of Telsa Inc. (AFP Photo)

Tesla's Elon Musk calls for breakup of Amazon, says 'monopolies are...

The retailer had no comment on Musk's call but said the book in question, by author Alex Berenson was now available for...

5 Jun 2020 12:41 PM IST

Reliance Industries Ltd said on Friday that Abu Dhabi state fund Mubadala Investment Co will buy a 1.85% stake in its digital unit. (PTI Photo)

Abu Dhabi's Mubadala to buy 1.85% stake in Jio Platforms

The interest in Jio Platforms highlights its potential to become the dominant player in India's digital economy

5 Jun 2020 9:17 AM IST

Amazon in talks to buy $2 billion stake in Bharti Airtel. (AFP Photo)

Amazon in talks to buy $2 billion stake in Bharti Airtel

The discussions between Amazon and Bharti come at a time when global players are placing major bets on digital arm of...

4 Jun 2020 4:07 PM IST

Google CEO Sundar Pichai. (PTI Photo)

Google CEO Sundar Pichai pledges USD 37 million to fight racism

Pichai also urged his employees to stand together in silence for 8 minutes and 46 seconds to honour

4 Jun 2020 2:38 PM IST

Mukesh Ambanis Jio telecom carrier is emerging as a winner from changes in the way Indian consumers plug into a digital economy. (PTI Photo)

Amid COVID-19, investors bet on Jio and its giant-killer playbook

India's 10-week lockdown led to a surge in demand for data, boosting Jio's phone and broadband offerings

4 Jun 2020 1:14 PM IST

Uber signals recovery in rides as lockdown restrictions ease. (AFP Photo)

Uber signals recovery in rides as lockdown restrictions ease

Trip requests are now down about 70% from a year earlier, slightly lesser than April's 80% drop

4 Jun 2020 11:27 AM IST

Reliance Industries announces closure of rights issue of Rs 53,124.20 crore, subscribed 1.59 times. (ANI Photo)

Reliance Industries Rs 53,124 crore rights issue subscribed 1.59 times

The Rights Issue Committee of the Board of Directors of the company will meet on June 10 to approve the basis of...

4 Jun 2020 9:53 AM IST