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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

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

2hrs

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

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

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.

Coronavirus | Oxygen curbs hit container availability

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

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Oxygen plants: Maruti Suzuki to join hands with two firms

Reliance Retail 2nd fastest growing retailer in world

CBIC allows goods import, export sans Customs bond

Bandhan Bank net dives on microfinance loans

ICICI Lombard extends pay to COVID-hit staff

D-Mart sees ‘severe impact’ on revenue

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.

‘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.

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.

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.

Cognizant Q1 net climbs 37.6% on digital growth

‘Revenue to grow 7-9% in 2021’

‘COVID wave may hit energy demand in first quarter’

Low-base effect may lead to y-o-y growth: Ind-Ra report

Drugmakers say Biden misguided over patent waiver

U.S. President supports waiving intellectual property rights for COVID vaccines

‘HCL Tech plans to recruit more freshers than lateral hires’

Company is looking for people with new-age skills: Apparao

Second wave of COVID-19 has hit India 'like a tsunami' says Kiran Mazumdar Shaw

“If India is not safe, I can tell you the world is not safe.”

NPA account of Saravana Stores declared as fraud: Indian Bank

Indian Bank on Wednesday said it had declared the NPA account of Saravana Stores with an outstanding balance of ₹231 crore as ‘fraud’.“We have to

CCI orders probe against Tata Motors

The Competition Commission of India (CCI) has ordered a detailed probe against Tata Motors for alleged abuse of dominant position with respect to

Tata Steel is back in black, nets ₹7,162 cr.

Tata Steel on Wednesday posted a consolidated net profit of ₹7,161.91 crore for the quarter ended March, mainly on account of higher income. The

Textile exports fell 13% in FY21 on COVID-19 impact

‘Ready-made garments declined 20.78%’

Air passenger traffic slid 29% in April: ICRA

‘Passenger numbers back at Oct. level’

Facing chips shortage, Biden may shelve blunt tool used in COVID fight

The official said the administration is pushing chips usersand producers to increase transparency by improving the capacityto forecast demand and generating better information on howchips are moving through supply chains to end users

SpiceJet's freighter arm airlifts 3,100 oxygen concentrators from Beijing

Budget carrier SpiceJet's freighter arm on Wednesday airlifted 3,100 oxygen concentrators from Beijing.The airline used its B767 and A330 wide-body

U.S. sanctions may spur Adani to exit Myanmar

Ports firm had won a terminal project

Foxconn, Dell apply for PLI under IT hardware

Output may be worth ₹1.6 lakh crore

Govt. gives TSPs nod for 5G trials; Chinese tech giants left out

TSPs tied up with OEMs Ericsson, Nokia, Samsung, C-DOT.

Air India has airlifted 190 tonnes of medical equipment from various countries in 10 days

Air India on Tuesday said it has airlifted over 190 tonnes of medical equipment from various countries, including Germany, the US, the UK and

Chipmaker TSMC eyeing expansion of planned Arizona plant

TSMC, the world's largest contract chipmaker, announced in May 2020 it would build a $12 billion factory in Arizona.

Arrange vaccination, else we’ll stop work: Air India Pilots

One of the pilots’ unions of Air India on Tuesday threatened to stop work if the airline failed to organise vaccination camps for them on a priority

RBI imposes ₹3 crore penalty on ICICI Bank

A penalty of ₹3 crore has been imposed on ICICI Bank Ltd for contravention of certain directions, the Reserve Bank of India said on Monday. The RBI

'Speculative excess': ethereum finds new peak in sizzling crypto market

ETH hits new record of $3,457, ETH/BTC at nearly three-year high.

Profit at Kotak Mahindra jumps 35%

Kotak Mahindra Bank on reported a 35% jump in its consolidated net profit for the January-March quarter to ₹2,589.3 crore on core income growth, and

CII’s Kotak urges firms to voluntarily curtail operations

‘Safeguarding lives is the highest collective national priority’

Rabi Sankar takes charge as RBI Dy. Gov.

T. Rabi Sankar on Monday assumed office as a Deputy Governor of the Reserve Bank of India. Mr. Sankar, who was an executive director prior to his

IDBI Bank back in black in FY21 after five years

Lender posts a profit of ₹1,359 crore

‘OPEC share slid as India’s oil imports shrank 11.8%’

Country bought more U.S. crude: trade

Ashok Leyland scales down production as demand dips amid COVID-19 surge

With a surge in COVID-19 cases across the country, various auto companies have either taken a temporary break from production or have scaled down manufacturing.

Pfizer donates $70 mn worth COVID-19 treatment drugs to India

“We are deeply concerned by the critical COVID-19 situation in India, and our hearts go out to you, your loved ones and all the people of India,” says Pfizer Chairman and CEO Albert Bourla

TSMC says can catch up with auto chip demand by end June

Taiwan, home to a booming semiconductor industry, is front and centre of efforts to resolve that problem, and its chipmakers have vowed to ramp up capacity

Indian-origin billionaire businessman Vinod Khosla pledges $10 mn for oxygen supply in India

Taking to Twitter, 66-year-old venture capitalist Vinod Khosla said that there was a need to save lives as further delay may end up in more deaths.

Natco gets CDSCO nod for emergency use of Baricitinib tablets for COVID-19 treatment

Baricitinib in combination with Remdesivir, is used for treatment of COVID-19 positive patients, the Natco Pharma said

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