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Amazon to pump $308.02 million in its Indian outlet

32 minutes ago

Business / BusinessLine/ Info-tech

American multinational conglomerate Amazon.com Inc has pumped in $308.02 million in Amazon Seller Services, an Indian unit, to push further its busine..

AP reports fresh 1,062 Covid cases

34 minutes ago

Business / BusinessLine/ Economy

Covid-19 cases continue unabated in Andhra Pradesh with the detection of 1,062 new positive cases.According to a bulletin released on Wednesday, of th..

Manipal Universal Technology Business Incubator supports 30 start-ups

38 minutes ago

Business / BusinessLine/ Education

The Manipal Universal Technology Business Incubator (MUTBI) of Manipal Academy of Higher Education (MAHE) has supported 30 start-ups in various domai..

TN Chief Minister writes to Union Power Minister seeking exemptions, changes in Electricity Act, 2003 (Amendment) Bill, 2020

an hour ago

Business / BusinessLine/ Home

Tamil Nadu Chief Minister Edappadi K Palaniswami has written to the Union Power & New and Renewable Energy Minister RK Singh seeking Centre’s help..

Home Ministry to probe into 3 trusts, including Rajiv Gandhi Foundation, controlled by Gandhi family

an hour ago

Business / BusinessLine/ National

Amid complaints by the BJP that the money from Prime Minister's National Relief Fund was diverted to Rajiv Gandhi Foundation, a trust controlled by th..

In the last 5 years, three States have dominated India’s sugar production

an hour ago

Business / BusinessLine/ Home

Uttar Pradesh, Maharashtra and Karnataka have together produced 111 million tonnes of sugar, over 79 per cent of the total production of 139.13 mt in..

Maldives, Sri Lanka eliminate measles and rubella ahead of 2023 deadline

an hour ago

Business / BusinessLine/ Home

The Maldives and Sri Lanka have become the first two countries in the region to have eliminated both measles and rubella ahead of the 2023 deadline,..

China imports: India should shun knee-jerk reaction, says SBI report

2 hours ago

Business / BusinessLine/ Home

SBI Ecowrap moots calibrated steps to reduce import dependence on China..

Start-up funding will not be hurt by China face-off

2 hours ago

Business / BusinessLine/ Info-tech

The Indian government banned the use of 59 mobile applications including TikTok, UC Browser and SHAREit last week and is imposing restrictions on fore..

Karur Vysya Bank in corporate agency pact with Bajaj Allianz Life

2 hours ago

Business / BusinessLine/ Home

Karur Vysya Bank, an old private sector bank, has signed up a corporate agency partnership with Bajaj Allianz Life to offer life insurance solutions..

IIT Alumni Council, CSIR-IGIB to jointly conduct Covid-19 research, patient data analysis

2 hours ago

Business / BusinessLine/ Home

The IIT Alumni Council has signed an agreement with CSIR Institute of Genomics and Integrative Biology (CSIR-IGIB) to jointly conduct Covid-19 researc..

HDIL CFO Darshan Majmudar resigns

3 hours ago

Business / BusinessLine/ Home

Housing Development and Infrastructure Ltd (HDIL) on Wednesday said its chief financial officer and company secretary Darshan Majmudar has resigned...

Bubonic plague “well managed” in China, doesn’t represent a high risk: WHO official

3 hours ago

Business / BusinessLine/ Home

According to a World Health Organisation (WHO) official, the bubonic plague outbreak that erupted in China in June is “well managed” and should not be..

Samsung’s Galaxy Unpacked event on August 5: Here’s all you need to know

3 hours ago

Business / BusinessLine/ Info-tech

Samsung on Wednesday officially announced that it will be hosting its next Galaxy Unpacked event on August 5, where it will be launching new a range o..

Short INR below 75

4 hours ago

Business / BusinessLine/ Home

The rupee (INR), which weakened yesterday, has begun today’s session marginally higher at 74.86 versus yesterday’s close of 74.93 against the dollar (..

Centre sets up team to coordinate probe against Rajiv Gandhi Foundation, Indira Gandhi Trust

4 hours ago

Business / BusinessLine/ Home

An inter-ministerial team has been set up by the government to coordinate a probe into the alleged violation of various laws like money laundering an..

iOS 14 may have QR codes for Apple Pay services

4 hours ago

Business / BusinessLine/ Info-tech

Tech giant Apple’s most-awaited iOS 14 may let users pay for items and services by scanning QR codes that would activate Apple Pay. This will also pus..

Will indomethacin be the rescue drug for Covid-19 in India?

4 hours ago

Business / BusinessLine/ Home

It’s an old, inexpensive anti-inflammatory drug that can address cough, a key cause of infection spread..

LG Polymers: 12 officials arrested over gas leak

5 hours ago

Business / BusinessLine/ Home

Reuters Indian police have arrested 12 LG Polymers officials, including its chief executive and two directors, an officer said on Wednesday, two mon..

Rupee slips 5 paise to 74.98 against US dollar

5 hours ago

Business / BusinessLine/ Home

The rupee depreciated 5 paise to 74.98 against the US dollar in opening trade on Wednesday tracking weak domestic equities and strengthening America..

Govt set to flag off Concor sale process with land license fee rejig

5 hours ago

Business / BusinessLine/ Economy

Vexed land issue resolved to create a level playing field between Concor and private box train operators, avoid controversy..

Sensex, Nifty continue to rally higher in early trades

6 hours ago

Business / BusinessLine/ Home

Equity benchmark indices Sensex and Nifty continued their gains for the sixth straight session today outperforming other global indices. The stock mar..

YES Bank to raise close to ₹15,000 crore via FPO

6 hours ago

Business / BusinessLine/ Home

Scrip down 1.36 per cent in early morning trade on BSE..

Panasonic MirAIe AC: A calm and cool IoT experience

6 hours ago

Business / BusinessLine/ Specials

The web-connected air conditioner offers impressive connected-living experience at an affordable price..

US to quit WHO over claims of China influence

7 hours ago

Business / BusinessLine/ Home

To take effect from July 2021..

Asian stocks edge lower as corporate earnings loom

7 hours ago

Business / BusinessLine/ Home

Markets largely in “wait and see mode” ahead of the upcoming earnings session..

WHO acknowledges 'evidence emerging' of airborne spread of Covid-19

16 hours ago

Business / BusinessLine/ Home

It says there is a possibility of airborne transmission in public settings - especially in conditions like crowded, closed, poorly ventilated environments...

YES Bank plans FPO to raise capital

17 hours ago

Business / BusinessLine/ Home

YES Bank plans to raise funds through a follow-on public offer. The proposal was cleared by the Capital Raising Committee of the bank's board of direc..

US to eject foreign students if classes go online; Indians’ fate in limbo

18 hours ago

Business / BusinessLine/ Home

Applies to those with F1, M1 visas; switching to schools offering ‘ín person’ classes complex, expensive..

Gujarat farmers going nuts over groundnut

18 hours ago

Business / BusinessLine/ Home

The area covered under the oilseed has already touched an 11-year peak..

Broker’s call: Tata Steel (long)

18 hours ago

Business / BusinessLine/ Home

Equirus SecuritiesTarget: ₹386CMP: ₹330.15Tata Steel (TSL) has reported consolidated EBITDA in Q4-FY20 at ₹4,650 crore (down 38 per cent YoY but up 2..

Suzlon plunges on results, CEO exit

18 hours ago

Business / BusinessLine/ Home

Shares of Suzlon Energy on Tuesday declined 5 per cent after the company posted a consolidated net loss of ₹824 crore for the March quarter. The stoc..

Statistalk | Slowdown in warehousing industry

19 hours ago

Business / BusinessLine/ Columns

Go to web page....

Bengal reimposes lockdown across newly defined containment zones from July 9

19 hours ago

Business / BusinessLine/ Home

The West Bengal government on Tuesday issued orders to reimpose a complete lockdown across containment zones in Kolkata and across all districts of t..

Auto sector’s on a slow path to recovery

19 hours ago

Business / BusinessLine/ Opinion

Two-wheelers, compact vehicles saw an uptick in sales in June. But how sustainable will this growth be in the post-Covid era?..

Finance panel report to devote a chapter to health financing

19 hours ago

Business / BusinessLine/ Policy

For the first time, the Fifteenth Finance Commission (FFC) will devote an entire chapter on health financing in its final report, its Chairman NKSingh..

Five new part-time members appointed on the Prasar Bharati board

19 hours ago

Business / BusinessLine/ Policy

The government has appointed five new members on the board of Prasar Bharati. The part-time members that will serve on the board of the public broadca..

Day Trading Guide for July 8, 2020

19 hours ago

Business / BusinessLine/ Home

₹1105 • HDFC Bank S1S2R1R2COMMENT 1092107511161130 Fresh long positions are recommended with a stiff stop-loss only if the stock moves beyond ₹1,11..

MPs gear up to question Centre on Covid-19, economic crisis, locust attack

19 hours ago

Business / BusinessLine/ Home

Members of are well-prepared as departmental Standing Committees meet from July 7 to 21..

Covid-19 impact: Insurers get claims worth ₹350 crore

20 hours ago

Business / BusinessLine/ Home

Expect further rise in days to come..

ADDA app offers solution for management of apartment complexes

20 hours ago

Business / BusinessLine/ Real Estate

In a survey carried out among residents, apartment management software ADDA has found that 67 per cent of visitors to a residential community daily ar..

Adani Ports to raise $1.25 billion through dollar bonds to part-fund Krishnapatnam deal

20 hours ago

Business / BusinessLine/ Home

Adani Ports and Special Economic Zone Ltd (APSEZ) will raise $1.25 billion through dollar bonds to part fund the acquisition of Krishnapatnam Port Co..

Yotta Infrastructure plans to use renewable energy to power its data centres

21 hours ago

Business / BusinessLine/ Home

Yotta Infrastructure, a part of the Hiranandani Group, plans to use renewable energy to power a majority of its own data centre requirements.Talking t..

ED issues biggest ever FEMA notice of ₹7,220 crore to Kolkata-based Shree Ganesh Jewellery House and promoters

21 hours ago

Business / BusinessLine/ Companies

The Enforcement Directorate (ED) has sent a notice to Kolkata-based Shree Ganesh Jewellery House and its promoters for unauthorised foreign exchange h..

Quality issues hit pepper prices in Kochi

21 hours ago

Business / BusinessLine/ Markets

Quality issues due to higher moisture content following the climate change has hit pepper prices in Kochi, which was down by ₹1 per kg on Tuesday. Pri..

ECLGS: Loan sanctioned touch ₹1.14-lakh crore

21 hours ago

Business / BusinessLine/ Home

Maharashtra continues to top the chart in terms of loans sanctioned..

Cup of joy: HML bags highest number of awards in tea quality competition

22 hours ago

Business / BusinessLine/ Home

Harrisons Malayalam Limited (SBU-A) has bagged five awards at the Tea Quality Competition held this year.HML’s Lockhart Estate in Munnar has won three..

Covid-19 impact: PE/VC capital piles up on fewer deals; fund-raising to stay muted this year

22 hours ago

Business / BusinessLine/ Home

More than half of the respondents in the private equity and venture capital space see investments in India declining in the next 6-12 months, accordin..

Rossari Biotech plans first IPO in four months

22 hours ago

Business / BusinessLine/ Home

Plans fresh issue of ₹50 crore; offer-for-sale of 1.05 crore by promoters..

L&T Infra Finance gets $50 m from AIIB

22 hours ago

Business / BusinessLine/ Home

L&T Infrastructure Finance (LTIF), the wholly owned subsidiary of L&T Finance Holdings, has received the first tranche of $50 million ECB loan..

RankMF launches investors MF portfolio analysis tool

22 hours ago

Business / BusinessLine/ Home

RankMF, part of the discount broking firm Samco Group, has launched a new mutual fund upgradation tool called ‘SmartSwitch’ which analysis mutual fund..

After debt restructure, Suzlon looks to raise ₹950 crore from selling assets

23 hours ago

Business / BusinessLine/ Home

After the restructure of ₹12,153 crore of debt, which will slash Suzlon’s interest burden by 70 per cent in the current year, the wind turbine manufac..

Mumbai airport scam: AAI to seek clarity from GVK Group

23 hours ago

Business / BusinessLine/ Home

CBI had lodged an FIR against GVK Group Chairman, his son and eight others, for allegedly siphoning off funds to the tune of ₹705 crore..

Covid and the paradox of India’s trade surplus

23 hours ago

Business / BusinessLine/ Home

Despite the lockdown, India’s trade balance in April and May turned positive. This has been achieved by a sharper decline in imports, pointing towards a contraction of demand in the real economy..

Providing clients with a complete suite of services

23 hours ago

Business / BusinessLine/ Emerging Entrepreneurs

Consark offers the entire gamut of financial, tax and risk advisory services through guaranteed partner-time..

Zolostays raises $56 million in Series C funding

yesterday

Business / BusinessLine/ Home

Zolostays, the tech-enabled co-living services provider, announced the raise of a new $56 million Series C round led by Investcorp along with, Nexus V..

SC grants interim bail to Unitech promoter Sanjay Chandra

yesterday

Business / BusinessLine/ Home

The Supreme Court on Tuesday granted interim bail to Unitech Ltd promoter Sanjay Chandra, in jail for around three years for allegedly siphoning off..

Masks, sanitisers out of essential commodities list

yesterday

Business / BusinessLine/ Home

Face masks and hand sanitisers are no longer be on the Essential Commodities List with effect from June 30, with the government deciding not to exte..

India ranks 34 on real estate transparency index, says JLL

yesterday

Business / BusinessLine/ Home

India ranks 34th on the real estate transparency index, with higher levels of transparency due to regulatory reforms, enhanced market data and sustain..

India Post adds highest number of outlets in five years in FY19

yesterday

Business / BusinessLine/ Home

Eyes higher e-commerce and payments bank business..

After India, Australia may ban TikTok

yesterday

Business / BusinessLine/ Social Media

Australia may soon join the TikTok ban bandwagon after India officially banned the short video app and the United States announced that it is mulling..

Mahendra Singh Dhoni: ‘Vintage Wine’ at 39, intriguing as ever

yesterday

Business / BusinessLine/ Home

Mahendra Singh Dhoni seems to be present everywhere but is to be found nowhere. As one of modern India’s most loved cricketer turns 39, tributes flo..

57% of Indian consumers use digital payment 5-6 times a week, says India Transact Services survey

33 minutes ago

Business / BusinessLine/ Money & Banking

Digital payments have witnessed a massive boom amid the Covid-19 pandemic according to a survey by merchant payments solution company India Transact S..

The Middle East is due for a reset

35 minutes ago

Business / BusinessLine/ Opinion

The region must rsie abov proxy wars and forego and over-reliance on oil, if it is to avoid social unrest..

4 ways digital assistants can help remote workers improve productivity

42 minutes ago

Business / BusinessLine/ Home

Apart from ease of use and answering the usual cadence of questions, digital assistants can give employees access to ever-changing information on company policies, insurance coverage, and public health guidance..

MF equity inflows plunge to new low in June

an hour ago

Business / BusinessLine/ Home

Inflows into the equity schemes of mutual funds plunged to a new low of ₹241 crore in July against ₹5,256 crore logged in the same period last year as..

EV start-up Earth Energy raises seed funding

an hour ago

Business / BusinessLine/ Home

Earth Energy EV, an electric vehicles (EV) start-up, has raised an undisclosed amount in its latest seed funding round. The round was led by Pranada..

JBL launches its CLUB Headphone Series in India

an hour ago

Business / BusinessLine/ Info-tech

American audio electronics brand JBL has announced the launch of its JBL CLUB Headphone Series in India. The company, renowned for its headphones, sta..

Indian Oil resumes work on projects worth ₹1.04 lakh crore

an hour ago

Business / BusinessLine/ Home

Indian Oil Corporation Limited has resumed work on projects worth ₹1.04 lakh crore across the country, after the easing of lockdown from April 20. “I..

Lionsgate partners JioFiber to bring streaming service to Jio TV+

2 hours ago

Business / BusinessLine/ Home

Hollywood studio Lionsgate, on Wednesday, announced that it has partnered with Jio to bring the Lionsgate Play streaming service to JioFiber customer..

Venture Catalysts invests in herbal OTC products brand Green Cure

2 hours ago

Business / BusinessLine/ Home

Venture Catalysts, a start-up incubator and accelerator platform, has invested an undisclosed amount in Green Cure which sells herbal over-the-counter..

NSDC and Microsoft collaborate to train over 1 lakh youths

2 hours ago

Business / BusinessLine/ Info-tech

The National Skill Development Corporation (NSDC) and Microsoft have announced a strategic partnership that aims to impart digital skills to more than..

Labs in Mumbai free to conduct Covid-19 test without prescription

2 hours ago

Business / BusinessLine/ Home

People in Mumbai can now get themselves tested for Covid-19 at designated private test labs as per the ICMR guidelines without a doctor’s prescriptio..

Extent of surge in Covid cases in Bengaluru unexpected: Karnataka Minister

3 hours ago

Business / BusinessLine/ Home

Karnataka Medical Education Minister K Sudhakar, on Wednesday, said the surge in the number of Covid cases the city is witnessing was expected by Ju..

Bharat Forge launches AI-based Health Risk Monitoring System

3 hours ago

Business / BusinessLine/ Home

Indian multinational company Bharat Forge Limited (BFL), in collaboration with AI start-up Blackstraw, has launched the Health Risk Monitoring System..

Gangster Vikas Dubey’s aide killed by STF

3 hours ago

Business / BusinessLine/ Home

The Uttar Pradesh Special Task Force (STF) on Wednesday killed an aide of gangster Vikas Dubey who was involved in an ambush in Kanpur last week in w..

Heavy rains over western India to lift; to shift to North

4 hours ago

Business / BusinessLine/ Home

Break-monsoon-like situation on the cards..

India to get $400 m loan from World Bank for sprucing up Ganga river

4 hours ago

Business / BusinessLine/ Home

The World Bank will provide $400 million (₹3,023.10 crore) assistance to enhance support for the Namami Gange programme that seeks to rejuvenate th..

Maruti Suzuki moved 6.70 lakh cars by rail in last 6 years; green mode helps save fuel, cost

4 hours ago

Business / BusinessLine/ Home

The country’s largest passenger vehicles maker Maruti Suzuki India (MSIL) on Wednesday said it has transported over 6.70 lakh cars through the Indian..

Lupin recalls diabetes treatment drug in US

4 hours ago

Business / BusinessLine/ Home

Drug major Lupin Ltd on Wednesday said it is voluntarily recalling its diabetes treatment drug Metformin Hydrochloride extended-release tablets in t..

Facebook to delay launch of Oversight Board

5 hours ago

Business / BusinessLine/ Info-tech

Facebook has announced that the Oversight Board – an entity that makes content moderation decisions on the social-media platform, specifically about h..

’Tata Chemicals’ recovery from COVID-19 impact is on track’

5 hours ago

Business / BusinessLine/ Home

Even as Tata Chemicals Ltd (TCL) was impacted by the coronavirus-induced lockdown, the company took steps to ensure that the recovery is on track in..

Earthquake strikes Andaman sea

5 hours ago

Business / BusinessLine/ Home

An earthquake of 4.4 magnitude occurred in the Andaman sea on Wednesday morning, officials said. No loss of life and property has been reported yet,..

Drought forces Australia to import rice or risk empty shelves

6 hours ago

Business / BusinessLine/ Economy

This season, like almost 90 per cent of Australian rice growers, Rob Massina decided to skip planting the grain on his land near the tiny town of Jer..

Future Generali Insurance announces promotion, pay hike for employees

6 hours ago

Business / BusinessLine/ Companies

The company has decided not to compromise on hiring and plans to recruit employees as per the business requirement..

US sends one-year notice to quit WHO

7 hours ago

Business / BusinessLine/ Home

Trump has criticised global body’s ‘deference to China’ and failure to provide accurate information on Covid-19..

MCX to launch contest in mock index futures trading

7 hours ago

Business / BusinessLine/ Home

MCX, the country’s largest commodity exchange, has announced a daily prize of ₹5,000 for investors who punch in maximum trades in the mock trading of..

Dow, Nasdaq slip; Chinese stocks rally for straight sixth day

7 hours ago

Business / BusinessLine/ Home

US dollar regains traction in forex markets..

GMR Infra completes strategic partnership deal with Groupe ADP for airports business

17 hours ago

Business / BusinessLine/ Home

Slight change in contours of deal given the unprecedented circumstances of Covid-19..

Drug regulator cracks down on Remdesivir black marketing

17 hours ago

Business / BusinessLine/ Home

While MRP of the drug was ₹5,400, it was allegedly sold anywhere between ₹15,000 - ₹60,000..

‘Chennai’s air almost as clear as in Europe’

18 hours ago

Business / BusinessLine/ Variety

Level of pollutants dipped to a 10-year low during lockdown, a survey shows..

Put off implementation of Flue Gas Desulphurisation emission norms: FICCI

18 hours ago

Business / BusinessLine/ Home

FICCI has written to the the Prime Minister’s Office (PMO) to set up a committee to extend the timelines for Flue Gas Desulphurisation (FGD) implement..