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Biophore gets DCGI nod to manufacture, export Favipiravir

CEO of Biophore said all starting materials for making favipiravir are either sourced locally or have been developed in-house for use

15 Jul 2020 6:59 AM

Google in talks to invest $4 billion in Reliance's digital arm

Investors, including Facebook and KKR & Co, have already poured in a combined $15.64 billion for just over 25% in Jio Platforms

14 Jul 2020 3:23 PM

PepsiCo Inc reports double-digit fall in beverage sales in India

The company said its snacks volume also witnessed double-digit decline in India during the said period

14 Jul 2020 10:11 AM

Sundar Pichai announces Google's Rs 75,000 crore fund for India's digital economy

Investments will focus on four key areas of India's digitisation, he said

13 Jul 2020 3:26 PM

Glenmark Pharma cuts price of COVID-19 drug Favipiravir to Rs 75/tablet

Glenmark Pharmaceuticals had launched antiviral drug Favipiravir, under the brand name FabiFlu, last month at a price of Rs 103 per tablet

13 Jul 2020 2:53 PM

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Qualcomm-Jio deal: 5G wireless tech company to invest Rs 730 crore in RIL unit

The partnership will help Jio Platforms to “roll out advanced 5G infrastructure and services for Indian customers”, Reliance said

13 Jul 2020 9:56 AM

Tata Sons in talks to buy out AirAsia India stake at steep discount

Tata Sons will likely tie up with other financial investors to acquire AirAsia’s 49% stake in the venture

09 Jul 2020 3:25 PM

Tata Steel sales fall by 23% in Apr-Jun quarter; output down by 28.49%

Tata Steel's India sales were at 2.92 MT, down from 3.96 MT in the year-ago period, while the production volume fell to 2.99 MT from 4.5 MT

09 Jul 2020 1:19 PM

DHL to lay off 2,200 UK workers at Jaguar Land Rover factories

DHL indicated that half of the job cuts are due to a decline in car production and half are the result of anticipated “efficeincy savings”

09 Jul 2020 11:26 AM

Pressure mounts on Johnson & Johnson to halt sales of baby powder globally

Johnson & Johnson said in May it would stop sales in the US and Canada, saying demand had fallen in wake of what it called “misinformation”

09 Jul 2020 11:03 AM

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Gilead starts testing inhaled version of remdesivir for COVID-19

Gilead also plans to start additional clinical trials to evaluate remdesivir when used in combination with anti-inflammatory medicines

09 Jul 2020 9:10 AM

Court grants relief to Hindustan Unilever over 'Glow & Handsome' trademark

The company said its skin cream for men will be called ‘Glow & Handsome’, but Emami launched ‘Glow & Handsome’ digitally one week before

07 Jul 2020 2:57 PM

Infosys brings back 200 stranded employees, families from US

The company brought these people back from San Francisco via a special chartered flight that landed in Bengaluru

07 Jul 2020 11:48 AM

Vizag gas leak: Negligence led to LG Polymers gas leak, says government

The government said there had been a lack of adherence to safety protocols and timely emergency response measures at the plant

07 Jul 2020 9:38 AM

India reviewing around 50 investment proposals from Chinese firms

The official said about 40-50 applications involving funding from Chinese investors filed since rule change and are currently under review

07 Jul 2020 9:07 AM

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Chipmaker SMIC set for a huge IPO as China looks to make semiconductor sector self-reliant

SMIC is China’s biggest contract manufacturer of chipsets, and the country's hope to make its tech firms non-dependent on US chipmakers.

06 Jul 2020 9:07 PM

Mercedes to recall 6,60,000 vehicles in China for oil leak

The announcement follows another recall that began last month of 4,653 imported Mercedes sedans that had incorrect child-safety lock labels

06 Jul 2020 10:21 AM

Reliance plans to up aviation fuel stations by 50%

Reliance Aviation has the highest market share in 20 per cent of the operating airports

06 Jul 2020 9:51 AM

Top-10 firms add Rs 1.37 lakh cr in m-cap; TCS, RIL major gainers

Reliance Industries Limited added Rs 28,464.11 crore to take its market valuation to Rs 11,33,168.55 crore

05 Jul 2020 10:49 AM

Uber takes cost-cutting drive, shuts Mumbai office

In May, Uber had said it is laying off about 600 employees as business has taken a major hit amid COVID-19 pandemic

05 Jul 2020 10:46 AM

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