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Cipla manufacturing unit on the outskirts of Mumbai, India. File photo for representation.

Cipla to make and sell Eli Lilly’s baricitinib to treat COVID-19

Reuters Cipla’s deal with Lilly expands the its portfolio of COVID-19 drugs.

23mins

Don’t sweat the small stuff

Vidya Bala Try to focus on your long-term goals instead of getting swayed by short-term returns in pandemic-related themes

Your coach can determine how you can adjust your savings going forward to achieve your goal.

Get ‘coached’ on investments

Venkatesh Bangaruswamy You need a behavioural coach whether you self-manage your investments or not

Gold, silver sign off April on positive note

B. Krishnakumar The near-term outlook for MCX Silver too is positive.

Maruti Suzuki had also announced extending its maintenance shutdown by a week till May 16 “keeping in view the current pandemic situation”

Oxygen plants: Maruti Suzuki to join hands with two firms

This image released by NBC shows musical guest Miley Cyrus, from left, host Elon Musk, and Cecily Strong

Dogecoin tumbles after Elon Musk calls it a “hustle” on ‘SNL’ show

It has been ranked 53rd in the list of Global Powers of Retailing, improvement from 56th earlier.

Reliance Retail 2nd fastest growing retailer in world

Coronavirus | Oxygen curbs hit container availability

Will double headcount; lot of headroom for growing user base: Koo

PTI Koo has about 60 lakh users on its platform. Twitter, on the other hand, has 1.75 crore users in India.

Sriram Manoharan, founder and Managing Director, Contus.

OTT will become as popular as TV cable connection now is, says Sriram Manoharan

N. Venkateswaran The OTT industry in India has over 3 crore paid subscribers, and the number is increasing leaps and bounds on a daily basis.

Relatives of a woman suffering from the coronavirus disease (COVID-19), carry an oxygen cylinder as she receives treatment in the emergency room of Holy Family Hospital in New Delhi.

Crowd-funding COVID-19 treatment may become difficult

Vikas Dhoot Move to allow cash payments over ₹2 lakh will be challenging for those without PAN or Aadhar.

Opinion & Analysis

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The Finance Minister has delivered, but the road ahead is long: on Union Budget 2021

Ananth Narayan This Budget scores very high marks on credibility and on its potential to create domestic output and jobs, but much more remains to be done

A Budget that fails to address the hunger pandemic

Dipa Sinha In a year of economic slowdown and growing inequality, we have been presented with a stingy Budget that fails to ensure the bare necessities for all

A promising Budget with a few disappointments

M.Govinda Rao While the Budget promises to revive the economy faster, it continues to emphasise the protectionist trend

Markets

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Gold, silver sign off April on positive note

B. Krishnakumar The near-term outlook for MCX Silver too is positive.

A view of the Bombay Stock Exchange building in Mumbai. File.

Sensex jumps 257 point; Nifty ends above 14,800

PTI HDFC was the top gainer in the Sensex pack

Economy

See All

Coronavirus | Oxygen curbs hit container availability

Lalatendu Mishra Exports affected as ‘thousands of damaged containers unusable’; gas key to welding process in repairs

Govt. alerts PSBs as Cairn may seize overseas assets

PTI Oil firm won $1.2 bn award in tax case

Industry

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Cipla to make and sell Eli Lilly’s baricitinib to treat COVID-19

Clubhouse app says hello to Android

Hero MotoCorp extends plant closure by a week

Gold, silver sign off April on positive note

Get ‘coached’ on investments

Ask us: On investments

Don’t sweat the small stuff

Try to focus on your long-term goals instead of getting swayed by short-term returns in pandemic-related themes

Oxygen plants: Maruti Suzuki to join hands with two firms

We decided to use our resources to help scale-up their production on no-profit basis, it says

Nirmala Sitharaman lists tax waiver on COVID-19 relief goods

West Bengal CM wrote to PM Modi to waive taxes, duties on medical equipments, drugs.

Reliance Retail 2nd fastest growing retailer in world

The top 10 has seven US retailers and one from the UK (Tesco PLC at 10th position).

Dogecoin tumbles after Elon Musk calls it a “hustle” on ‘SNL’ show

Cryptocurrency enthusiasts had for days been eager to see what he would say, after his tweets this year turned the once-obscure digital currency into a speculator’s dream.

Will double headcount; lot of headroom for growing user base: Koo

Koo has about 60 lakh users on its platform. Twitter, on the other hand, has 1.75 crore users in India.

Conditions that come with the government’s nod for cash payments for COVID-19 treatment pose a challenge

Although the ceiling of ₹2 lakh cash payment has been temporarily removed, those without PAN or Aadhaar are likely to face hurdles, say tax lawyers.

CBIC allows goods import, export sans Customs bond

Tax body eases norm till June 30 to avoid delays on COVID

Bandhan Bank net dives on microfinance loans

It writes off ₹1,929-cr. disbursements.

ICICI Lombard extends pay to COVID-hit staff

Private sector non-life insurer ICICI Lombard on Saturday said it will give up to two months’ gross salary in advance to all its COVID- positive

D-Mart sees ‘severe impact’ on revenue

Excess inventory likely for retail chain.

Govt. alerts PSBs as Cairn may seize overseas assets

Oil firm won $1.2 bn award in tax case

Fashion footwear maker Walkaroo to focus on online sales

Walkaroo ended FY21 with a turnover of ₹1,250 crore and aims for ₹1,700 crore this fiscal.

India requires two lakh ICU ventilators, says device maker

‘Country has only 25,000 personnel familiar with machines'

Maruti extends maintenance shutdown till May 16

The country’s largest carmaker Maruti Suzuki on Saturday announced extending its maintenance shutdown by a week till May 16 following rising number of

Norms eased for LIC claims settlement

Life Insurance Corporation of India (LIC) has relaxed claims settlement norms on account of the pandemic. The insurer will accept alternative proofs

Coronavirus | Oxygen curbs hit container availability

Exports affected as ‘thousands of damaged containers unusable’; gas key to welding process in repairs

OTT will become as popular as TV cable connection now is, says Sriram Manoharan

The OTT industry in India has over 3 crore paid subscribers, and the number is increasing leaps and bounds on a daily basis.

NHAI exempts tankers carrying oxygen from toll fee on highways

The outbreak of COVID-19 has created huge demand for LMO across the country.

Employee assistance programmes find wider focus as companies battle the Second Wave

A recent survey on COVID benefits shows that organisations are reinventing their policies to accommodate new and rapidly emerging needs

Canteens, training centres turn into COVID care centres

Corporates repurpose unused office space into temporary quarantine facilities

Anurag Thakur says nations will remain grateful to 229 taxmen died of COVID-19

The Finance Ministry was one of the hardest hit Ministries during the pandemic, Mr. Thakur said.

Global cloud infrastructure market grows on continued digital transformation

Amazon Web Services, Microsoft Azure, and Google Cloud retained the top three spots and accounted for 58% of total spending in the March ending quarter.

Cathay Pacific Cargo to augment capacity to supply essentials to India

Cathay Pacific Cargo, which has supplied more than 100 tonnes of humanitarian and medical supplies to India to date, is planning to deploy additional

U.S. envoy stresses on cybersecurity

Consul General David J. Ranz, U.S. Consulate General, Mumbai, stressed the importance of cybersecurity in the digital world. He was speaking at an

LIC eases claims settlement requirements

In view of the current pandemic situation, Life Insurance Corporation of India (LIC) has announced relaxations in various claim settlement

‘Indian offshore model will dominate IT scene for a decade’

Firms in India are ‘pandemic winners’; prices trend lower

Non-life insurers get health boost in April

Private life insurers post 55% growth

HDFC sounds caution on economy, Q4 net jumps

Board recommends ₹23 dividend

India’s sovereign rating to remain unchanged despite pandemic impact: S&P

Health crisis may lower growth, it says

SEBI notifies relaxed rules for listing start-ups

The changes have been made to the framework for listing on the Innovators Growth Platform (IGP), according to two separate notifications issued on Wednesday.

TRIPS waiver for COVID-19: WTO chief urges proponents to submit revised proposal soon to start talks

The proposed relaxations in the norms of the agreement are aimed at ensuring quick and affordable access to vaccines and medicines for developing countries.

RBI sets up advisory group to assist regulatory review authority

Headed by SBI Managing Director S Janakiraman, the advisory group will assist the RRA by identifying regulations, guidelines, and returns that can be rationalised.

WhatsApp scraps May 15 deadline for accepting privacy policy terms

WhatsApp had faced severe backlash over user concerns that data was being shared with parent company Facebook.

SBI report emphasises on vaccination, says nearly half of the new cases in rural India

‘Economy taking a severe hit from 2nd wave; Growth hopes fading'

Rupee gains for 2nd straight day; settles 27 paise higher at 73.51 against dollar

At the interbank forex market, the rupee opened at 73.62 and hit an intra-day high of 73.50 and a low of 73.76

Sensex jumps 257 point; Nifty ends above 14,800

HDFC was the top gainer in the Sensex pack

India holds up wireless approvals for China-made devices, delaying launches

The Communications Ministry's Wireless Planning and Coordination (WPC) Wing has withheld approval since at least November, according to the sources, who were familiar with lobbying efforts by firms seeking clearance

North American auto companies buying more robots to keep up with demand

Companies ordered 9,098 robots in the first quarter, a 19.6% increase over a year ago, according to the Association for Advancing Automation, an industry group based in Ann Arbor, Michigan. The orders were valued at over $466 million in total.

Petrol at ₹102-mark in Rajasthan, Madhya Pradesh after fourth straight day of price hike

Petrol price on Friday scaled to ₹102 per litre in some parts of Rajasthan and Madhya Pradesh after rates were raised for the fourth straight day

Chinese airline to restart cargo service to India

In some relief for Indian pharmaceutical industry and continuity in key raw materials supplies from China, Sichuan Airlines is resuming cargo services

Cognizant Q1 net climbs 37.6% on digital growth

‘Revenue to grow 7-9% in 2021’

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