Banking

Tamil Nadu Plans To Give Relocation Incentives For Firms Moving To State

Tamil Nadu houses over 620 Japanese companies, making it the home for the second largest number of Japanese companies op... Read more

Airbus Exploring Restructuring Plans, Job Cuts Due To Covid-19: Report

For now, Airbus is relying on government-backed furlough schemes in France, Germany and Britain to reduce staff costs af... Read more

Maruti Suzuki Board Approves Supply Of SUV Vitara Brezza To Toyota

This will result in incremental sales for the company, Maruti Suzuki India said in a regulatory filing. Read more

AstraZeneca Says Data From Covid-19 Vaccine's Phase-1 Trials To Be Out Soon

Once the late stage trials begin, the company simultaneously will start working on the global manufacturing capabilities... Read more

Indian Firms Getting Downgraded Like Never Before; Credit Markets At Risk

Ratings have been cut for 847 companies Read more

Lockdown Serves Domestic Pharma The Bitter Pill: April Growth Slips

Lack of fresh prescriptions drags growth in acute therapies Read more

Antibiotic Sales Drive Domestic Pharma Mkt Down 11.2% In Lockdown-hit April

Sale of anti-infectives (11% of domestic pharma market) fell by 21.5%, while gynaecological and dermatological drugs fel... Read more

Unavailability Of Labour Force Will Impact Production, Says Maruti Suzuki

Firm sees social distancing norms as a hindrance to productivity as well Read more

AI Firm SirionLabs' Valuation Crosses $300 Mn After Fresh Funding

The Gurugram-based company has raised $44 million in a funding round led by Tiger Global, Avatar Growth Capital. Read more

Footwear Industry Says It Lost Export Orders Worth $1 Bn Due To Covid-19

Says it may require support from government in the form of reduction in GST, especially for footwear priced above Rs 1,0... Read more

Indian Drug Makers Gear Up To Make Gilead's Remdesivir For Covid-19 Therapy

Domestic players will be free to price it; Dutch firm Mylan also to make the drug in India; no royalty for Gilead as yet Read more

India's Plastic Exporters Eye China's Market Share In Western World

India's share in the $1 trillion global plastic exports market is 1% currently, while China's is as much as 10% Read more

Caspian Debt Receives $20 Mn From US Govt Agency As Long-term Debt

Caspian aims to use the funds to invest in under-served emerging enterprises and women-centric businesses. Read more

Pharma Export Growth In FY20 Down To Single Digit Due To Covid: Pharmexcil

Export growth started declining in February and turned negative in March, at -23.24 per cent Read more

Uber Loses $2.9 Bn In Coronavirus Crisis, Drops Bike And Scooter Business

Demand for the Eats business grew 89 per cent in April, excluding India, and we've seen an enormous acceleration in dema... Read more