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Samples from volunteers are seen during the development of COVID-19 vaccine. Photo used for representation purpose only.

Coronavirus | Biological E. inks pacts with Johnson & Johnson, Baylor College of Medicine on vaccine

Special Correspondent The vaccine candidate is currently in Phase 1/2a clinical trials, the Hyderabad-based Biological E. said on Thursday

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Ramping up: UltraTech also plans to raise its consolidated cement capacity to 118 MT, from 114.8 MT.

Economic disruption to rural economy less severe, says Birla

Special Correspondent UltraTech plans ₹1,500 cr. capex; group head sees 6-8% GDP growth next fiscal

A file photo used for representational purpose only.

Deutsche Bank infuses ₹2,700 crore fresh funds into Indian unit

Lalatendu Mishra The capital will support expansion of the Deutsche Bank’s India operations

Domestic PV sales dip 4% in July; SIAM sees signs of green shoots

PTI ‘Year-on-year contraction lesser than previous months’

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Coronavirus | Biological E. inks pacts with Johnson & Johnson, Baylor College of Medicine on vaccine

Shell eyes stake in Nayara's $9 billion Gujarat petrochemical project: Reuters

More than 1,700 wilful defaulters owed ₹37,020 crore to PNB

NMDC raises iron ore prices by 11%

From carats to peanuts: how a pandemic upended the global diamond industry

Economic disruption to rural economy less severe, says Birla

‘Draft of norms to check misleading ads soon’

Consumer authority to be enforcer

Non-life insurers’ premiums rise 18%

The gross direct premium underwritten by non-life insurers, comprising general, standalone private health insurers and specialised PSU insurers, rose

Sundram Fasteners slips into the red

Sundram Fasteners Ltd., a part of the TVS Group, has reported a standalone net loss of ₹23.48 crore for the first quarter ended June against a net

Do not cut import duty on tea: UPASI

Rising production cost, declining prices cited

Ashok Leyland Q1 loss at ₹389 cr.

Commercial vehicle manufacturer Ashok Leyland Ltd. (ALL) has reported a net loss of ₹389 crore for the first quarter ended June, against a net profit

Amazon, Flipkart together would have easily earned $1bn last week: Study

About 80% of the respondents shopped online due to COVID-19 fear, of which 27% spent over ₹1,000 in the latest Amazon and Flipkart sales.

Deutsche Bank infuses ₹2,700 crore fresh funds into Indian unit

The capital will support expansion of the Deutsche Bank’s India operations

ABN Amro quits trade and commodity financing in corporate bank overhaul

Around 800 employees are expected to lose their jobs in United States, Asia, Australia and Brazil.

Debt MFs’ inflow surges to ₹91,392 cr.

Mutual funds (MFs) focused on fixed-income securities witnessed a multi-fold surge in investment to ₹91,392 crore in July, with short-duration funds

‘Pandemic to hasten investment in building supply chain resilience’

Firms must avoid complacency, overspending, say experts

Rights of daughters | Supreme Court ruling a wake-up call to family businesses

‘Failure to recognise their share may lead to litigation’

Domestic PV sales dip 4% in July; SIAM sees signs of green shoots

‘Year-on-year contraction lesser than previous months’

Axis Bank mops up₹10,000 cr. through QIP

Issue got great response, says MD

Tighter norms to keep bank loan rejig under check: ICRA

Lower slippages to reduce capital requirements of lenders

Debt revamp to prolong banks’ asset quality uncertainty: Fitch

‘Scheme may be designed to give lenders more time to build capital buffers’

Coronavirus | Cochin International Airport incurs loss in first quarter

The company registered a loss of around ₹72 crore in the first quarter of 2020-21

Dr.Reddy’s launches generic version of Ciprodex

The newly launched product will be used to treat ear infections

Axis Bank raises ₹10,000 crore through QIP

The deal was oversubscribed with the aggregate final transaction size being ₹10,000 crore

AAI puts GoAir on cash & carry mode

It will not impact our operations and customers, says airline

Equity mutual funds see first outflow in over four years

Investors’ profit-booking drives trend

Burman family open to hike Eveready stake, no takeover plans: Mohit Burman

Burman family, the single largest shareholder of Eveready Industries, has no plans for taking over the company but is open to acquiring additional

India’s imports from China rise in June and July

India’s imports from China have risen to $5.6 billion in July, climbing for the second straight month, although imports are still down by 24% from

Sundaram Finance Q1 net rises 6%

Non-banking financial company Sundaram Finance Ltd. (SFL) has registered a 6% rise in its net profit for the first quarter ended June to ₹166

Equitas SFB Q1 profit rises marginally

Equitas Small Finance Bank Ltd. has reported a net profit of ₹60 crore for the first quarter ended June against a net profit of ₹59 crore in the

BoB slips into ₹864-cr. loss as provisions surge

Asset quality shows improvement

Users still favour Chinese smartphone brands

Despite anti-China sentiments in India, online shoppers seem to prefer Chinese mobile phones and electronic gadgets. For instance, OnePlus (Nord 5G,

‘Review choice of Kamath as head of panel’

He was part of panel that gave loans to Videocon: Assn

LIC unveils campaign to revive lapsed policies

Scheme to remain in force till Oct. 9

Government looks at mixing biogas with natural gas

Oil Secretary Tarun Kapoor said India is an agricultural economy largely and there is a large amount of agricultural residues available, providing good scope of producing biofuels.

Toshiba exits laptop business after 35 years

Toshiba was a pioneer in personal computer space, and had launched its first laptop – T1100, in 1985.

Patanjali considering bidding for IPL title sponsorship

The slot of the title sponsorship of IPL was vacated after the Chinese handset maker Vivo decided to exit from it.

IFC to invest $10m in Endiya Partners fund

IFC, a member of the World Bank Group, has also committed an additional $10 million for direct co-investments alongside Endiya Fund II.

PM Modi launches submarine optical fibre cable to Andaman & Nicobar Islands

Connectivity enabled by it will bring new opportunities for the islands’ residents, he says.

Investment plan | Saving for a goal

Start a systematic investment plan with a special financial objective as it will bring a sense of direction to investments

Do your systematic investments need a pause?

Investment Recess allows an individual facing salary cuts to ease COVID-19-related pressure on cash flows

Which health insurance is best for my parents? Answers to your personal finance queries

Readers can send in queries on personal ﬁnance and investing to moneywise@thehindu.co.in

Indian Railways committed to integrate with GeM portal: Piyush Goyal

Railways buys more than 98% of its goods and services in India and moving this purchase to the GeM platform in the next “probably 8-12 months” will help in making procurement process more transparent, says Mr. Goyal

Coal import drops 43% in July owing to high stockpile at pitheads, plants

“The market participants seem to have adopted a wait and watch approach and are currently looking for a direction. We do not expect to see any significant variation in volumes in the short-term,” a monitoring firm said.

Abbott India Q1 net jumps to ₹180.35 cr.

Drug firm Abbott India has reported a 54.2% rise in net profit to ₹180.35 crore for the quarter to June 2020.The company had posted a net profit of

Demand for city warehouses to rise as delivery targets quicken

E-com firms eye same-day supply of food during lockdowns

Nitin Gadkari exhorts industry to identify sectors to boost exports, make India ‘self-reliant’

To boost ‘self-reliant India’ endeavour, Union Minister Nitin Gadkari on August 8 urged the industry to identify the sectors heavily reliant on

Centre releases ₹553 cr. for farm mechanisation

Funds provided to States under SMAM

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