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German carrier Lufthansa said on Thursday it will slash 22,000 jobs. (ANI Photo)Business
Lufthansa to cut 22,000 jobs as travel demand dips on COVID-19 woes

Lufthansa said it will operate about 100 fewer aircraft after the crisis

12 Jun 2020 8:39 AM IST

Dr Reddys Laboratories said on Wednesday it has completed the acquisition of select divisions of Wockhardt Ltds branded generics business in India. (PTI Photo)Business
Dr Reddy-'s acquires select business divisions of Wockhardt

On February 12, Dr Reddy-'s signed a business transfer agreement with Wockhardt for an upfront consideration of Rs 1,850...

11 Jun 2020 9:24 AM IST

Chinese companies are putting off plans for U.S. listings as tensions between the worlds top two economies rise. (AFP Photo)Business
Chinese companies put US listing plans on ice as tensions mount

Many companies that reported plans for US listings to China’s securities regulator are now targeting exchanges nearer...

10 Jun 2020 1:43 PM IST

Parle-G records best sales during COVID-19 lockdown. (Photo- Twitter)Business
India-'s favourite biscuit Parle-G records highest sales during...

The company has gained a market share of around 5 per cent in the highly competitive biscuit segment, helped by Parle-G...

10 Jun 2020 12:55 PM IST

Indian firm Panacea aims to make COVID-19 vaccine. (AFP Photo)Business
Panacea Biotech to partner with US firm Refana for COVID-19 vaccine

The collaboration aims to make more than 500 million doses of vaccine candidate, with over 40 million doses to be...

10 Jun 2020 12:03 PM IST

Hindustan Petroleum Corporation Limited (HPCL), Visakhapatnam branch. (PTI Photo)Business
Hindustan Petroleum delays Rs 209 billion Vizag refinery expansion

Workers have returned to their home towns after the government imposed nationwide lockdowns to curb the spread of...

10 Jun 2020 10:37 AM IST

Reebok slams CrossFit in outrage over CEOs tweet. (Photo- Rx Review)Business
Reebok cancels partnership with CrossFit after CEO-'s -'Its FLOYD-19-'...

Human rights groups expressed outrage at the tweet, calling it insensitive to the current events and the death of George...

8 Jun 2020 3:30 PM IST

Mukesh D Ambani, chairman of Reliance Industries Ltd. (PTI Photo)Business
Abu Dhabi Investment Authority invests Rs 56.83 billion in Reliance...

Reliance has now sold just over 21% of Jio Platforms including Facebook Inc, securing nearly $13 billion in less than...

8 Jun 2020 8:42 AM IST

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

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

7 Jun 2020 4:00 PM IST

Divis LabsBusiness
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 5:16 PM IST

L&Ts A M NaikBusiness
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 4:18 PM IST

Grasim was scouting to set up a caustic soda manufacturing unit in East Godavari district.Business
Andhra red-flags Grasim-'s caustic soda unit in East Godavari

Chief minister Jagan Mohan Reddy says he opposed the project while in the opposition too

6 Jun 2020 1:03 PM IST

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