Business Today - Business

Vishakpatnam gas leak: LG Polymers CEO, two directors, 8 officials held

3 hours ago

Business / Business Today/ Biz Wrap

The Gopalapatnam police registered a case on May 7 against LG Polymers at R R Venkatapuram, under various IPC Sections including 278 (making atmosphere noxious to health)..

Rupee slips 5 paise to 74.98 amid strong dollar, weak equities

3 hours ago

Business / Business Today/ Biz Wrap

The rupee opened on a positive note at 74.88 at the interbank forex market, however lost ground soon and touched 74.98, down 5 paise over its last close of 74.93 against the US dollar on Tuesday..

Trump's policy change on global students misguided: US varsities, lawmakers

4 hours ago

Business / Business Today/ Biz Wrap

In a statement, the Embassy of India Student Hub encouraged students to monitor their university's official channels for university/program specific information and to remain in contact with their universities for additional questions..

Coronavirus treatment: Baxter India gets CDSCO approval to use blood purification filter

4 hours ago

Business / Business Today/ Biz Wrap

During blood purification therapy, the patient's blood passes through the Oxiris filter set, where it can adsorb inflammatory mediators, and remove fluid, electrolytes and uremic toxins, before returning the patient's blood to the body, Baxter India said..

Amazon India unit gets fresh funds worth Rs 2,310 crore from parent

4 hours ago

Business / Business Today/ Biz Wrap

According to financial data accessed by business intelligence platform Tofler, a significant share of the funds (Rs 2,309.8 crore) came from Amazon Singapore..

Petrol prices remain unchanged for 9th consecutive day; diesel prices see pause

4 hours ago

Business / Business Today/ Biz Wrap

In Delhi, the price of petrol remained unchanged at Rs 80.43 per litre and diesel was untouched at Rs 80.78 per litre..

Coronavirus effect: Levi Strauss cautions of weak Q2; to slash 700 jobs

5 hours ago

Business / Business Today/ Biz Wrap

Met with temporary closure of its own stores as well as partner outlets, Levi introduced curbside pickup and started fulfilling online orders at its stores as customers turned to online shopping to avoid contact with people..

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

9 hours ago

Business / Business Today/ Biz Wrap

Speaking at Tuesday's briefing in Geneva, Benedetta Allegranzi, the WHO's technical lead for infection prevention and control, said there was evidence emerging of airborne transmission of the coronavirus, but that it was not definitive..

Q1FY21 preview: TCS to kickstart earnings season on Thursday; all eyes on resilience of India Inc

17 hours ago

Business / Business Today/ Biz Wrap

The industry was earlier talking about a bloodbath in the first quarter as most of the factories and sales units were shut due to coronavirus outbreak and the resultant lockdowns. But the recent performance updates released by the companies indicate that some of the sectors have been able to survive..

Unions raise alarm as industrial accidents rise in India post lockdown

18 hours ago

Business / Business Today/ Biz Wrap

"The world and India cannot have another Bhopal," IndustriALL Global Union wrote in its letter to PM Narendra Modi expressing concerns over the numerous industrial accidents in India since lockdown was lifted..

Why is SBI's market cap so less compared to HDFC Bank?

21 hours ago

Business / Business Today/ Biz Wrap

While HDFC Bank has a m-cap of Rs 6.07 lakh crore, SBI with a m-cap of Rs 1.68 lakh crore lags far behind..

PSU stocks gain on hopes of bagging orders from govt

22 hours ago

Business / Business Today/ Biz Wrap

HUDCO, HAL, SAIL India and Mishra Dhatu were the major gainers from the S&P BSE PSU index and were up in the range of 2 per cent to 8 per cent on BSE. S&P PSU index on BSE was trading higher at 5,071.71..

PMO nominates BJP spokesperson Shaina NC to board of Prasar Bharti

22 hours ago

Business / Business Today/ Biz Wrap

NC entered politics in 2004 and immediately joined the BJP. Aside from being the national spokesperson she also serves as a member of the national executive council of the BJP. She is also the treasurer of the party's Maharashtra unit..

Rishi Sunak to allocate $3.75 billion to energy efficiency projects

yesterday

Business / Business Today/ Biz Wrap

He has already rushed out an estimated 133 billion pounds ($166 billion) of emergency measures, most of them to try to stem the rise in unemployment..

Canara Bank, Bank of Maharashtra slash MCLR by 10-20 bps

yesterday

Business / Business Today/ Biz Wrap

Its overnight, one-month and three months MCLR have been cut to 7 percent (from 7.20 percent), 7.10 percent (from 7.30 percent) and 7.20 percent (from 7.40 percent), respectively..

Coronavirus update: 872 employees, kin, ex-staffers test positive

yesterday

Business / Business Today/ Biz Wrap

As of now, 132 railway employees, besides their family members and retired personnel, are undergoing treatment at the hospital, officials said..

Infosys brings back 200 stranded employees, kin amid COVID-19, new US visa rules

yesterday

Business / Business Today/ Biz Wrap

The US market has contributed 61.6 per cent to the Infosys' revenue as of the quarter ended March. Last year, it opened a technology centre at Phoenix, Arizona, to accelerate innovation for its American enterprises...

Zomato struggles to get $100 million funding from Ant Financial amid India-China tension

yesterday

Business / Business Today/ Biz Wrap

Due to the implementation of new FDI rule in April, any country that shares a land border with India can no longer avail of the automatic route in the FDI, but must seek government clearance over any investment proposal..

SBI's Northeast headquarter sealed; 30 employees test postive for COVID-19

yesterday

Business / Business Today/ Biz Wrap

A senior official of the SBI told PTI that at least 86 employees, including contract ones, have tested positive across its branches and complexes in Guwahati so far..

Coronavirus impact: India's GDP may contract 6% in FY21, says Citi

yesterday

Business / Business Today/ Biz Wrap

Citigroup also said that the business sentiment will remain on a lower note in Q2 of the running fiscal..

Ahead of share market: 5 things to know before opening bell on Tuesday

yesterday

Business / Business Today/ Biz Wrap

Share market updates and Analysis for tomorrow: 5 things to know before opening bell on Tuesday..

Coronavirus update: Maharashtra govt to reopen hotels, lodges; will operate at 33 per cent capacity

yesterday

Business / Business Today/ Biz Wrap

Maharashtra Chief Minister Uddhav Thackeray took the decision of reopening hotels after finalising a standard operating procedure (SOP) which will be followed by the hotel industry..

US decision to suspend H1-B, other visas to cost just Rs 1,200 crore to $97 billion IT industry

yesterday

Business / Business Today/ Biz Wrap

The ratings agency report suggests that even if employee requirements through new visa approvals are completely met via local hiring and considering a 25 per cent premium for local hiring over the H1-B route..

TCS share price approaches record high ahead of Q1 earnings

yesterday

Business / Business Today/ Biz Wrap

Share price of TCS jumped 3.18% to an intraday high of Rs 2,269 against the earlier close of Rs 2,199. The stock opened at Rs 2,208 and touched an intraday low of Rs 2,206. The stock closed 2.91% higher at Rs 2,263...

China pulls back at Galwan Valley a day after NSA Doval's phone call with Chinese foreign minister

yesterday

Business / Business Today/ Biz Wrap

"The two special representatives had a frank and in-depth exchange of views on the recent developments in the Western Sector of the India-China border areas," the Ministry of External Affairs (MEA) said in a detailed statement..

HDFC Bank, ICICI, Axis Bank create capital buffers; to raise over Rs 1 lakh crore

2 days ago

Business / Business Today/ Biz Wrap

Petrol, diesel prices unchanged for 7th consecutive day; check out latest rates

2 days ago

Business / Business Today/ Biz Wrap

From June 7 to 29, the petrol rate has been hiked by Rs 9.17 per litre while diesel price was raised by Rs 11.12 a litre, an increase of 13% and 16% respectively..

Virgin Australia bondholders seek approval to lay out alternative sale proposal

2 days ago

Business / Business Today/ Biz Wrap

Virgin entered voluntary administration in April owing nearly A$7 billion to creditors, including the bondholders..

Coronavirus hits US House! Speaker Philip Gunn tests positive

2 days ago

Business / Business Today/ Biz Wrap

Philip Gunn is the state's highest-ranking political figure to publicly disclose a positive test for the coronavirus..

Electrification work at world's 'largest' COVID care centre in Delhi completed in record time

2 days ago

Business / Business Today/ Biz Wrap

The 10,000-bed Sardar Patel Covid Care Centre in south Delhi was inaugurated by Lieutenant Governor Anil Baijal on Sunday..

Edelweiss FY20 results: Provisions on COVID-19 lead to Rs 2,045 crore loss

2 days ago

Business / Business Today/ Biz Wrap

During the quarter, the group has made an additional provisioning of Rs 900 crore towards possible loan losses due to the pandemic taking the total provisions to Rs 2,549 crore..

Trade unions to mobilise people to build public opinion against commercial coal mining

2 days ago

Business / Business Today/ Biz Wrap

The unions, including RSS-affiliated Bharatiya Mazdoor Sangh (BMS), of Coal India have also decided to go for a day's strike on August 18, the last date for submitting bids for the auctioning of 41 blocks..

Biocon aims to list biosimilar arm over the next 2-3 years

2 days ago

Business / Business Today/ Biz Wrap

Sharing information with the firm's shareholders, Biocon CEO and Managing Director Siddharth Mittal said it is important for the company to unlock value of the biosimilars business..

CBSE Results 2020 to come out on July 15: How Class 10, Class 12 students can get mark sheets, pass certificates online

2 days ago

Business / Business Today/ Biz Wrap

Every year, CBSE issues mark sheets and pass certificates to Class 10 and Class 12 students a few days after the results are announced..

Finance Ministry may assess capital requirement of PSBs after Sept quarter

2 days ago

Business / Business Today/ Biz Wrap

Veteran banker and CII President Uday Kotak had said the public sector banks would need financial support from the government to drive the economy, while private sector banks need to raise capital from various sources to meet the future challenges..

Coal production nil during 3-day strike, says trade union leader

3 days ago

Business / Business Today/ Biz Wrap

CIL despatched 5.78 lakh tonnes on the first day of strike. This is around 42 per cent of the normal off-take of 14 LTs/day, as per referred calculation..

Centre approves Rs 574 crore annual plan for highway works in J&K

3 days ago

Business / Business Today/ Biz Wrap

The major works incorporated in the approved annual plan included construction of 3.23 km three fly-overs in Srinagar on NH-44 (Jammu-Srinagar highway) at Bemina, Sanatnagar and Nowgam with Rs 220.68 crore, the spokesman said..

Bombay Stock Exchange to delist 2 companies on July 7

3 days ago

Business / Business Today/ Biz Wrap

Promoters of these companies will be required to purchase the shares from the public shareholders as per the fair value determined by the independent valuer appointed by the exchange..

Business model more difficult, not making TikTok-like apps, says Nandan Nilekani

3 days ago

Business / Business Today/ Biz Wrap

Nandan Nilekani said that India is not a big advertising market like China and the US. He said that most apps do not make much money in India but are here for strategic reasons..

COVID-19: Visva Bharati University cancels written exams for final year semester students

3 days ago

Business / Business Today/ Biz Wrap

The Executive Council of the Central university in a meeting on Friday also decided that for the remaining papers of school certificate examinations, there will be 80 per cent internal assessment and 20 per cent viva by affiliated schools, they said..

Bankers claim COVID-19 caused huge 'demand destruction' overseas

3 days ago

Business / Business Today/ Biz Wrap

CMD of ECGC M Senthilnathan said in the first three months of the fiscal, the corporation had absorbed substantial losses and 40-50 per cent of the shipments were not dispatched..

Tamil Nadu to ease curbs in Chennai from Monday, Madurai to remain under lockdown

3 days ago

Business / Business Today/ Biz Wrap

Chennai, which is under tightened restrictions from June 19 to July 5 to help fight rising COVID-19 cases, would see easing of curbs from Monday..

Coronavirus in Japan: Travel curbs imposed as new cases reach 100 for third day

3 days ago

Business / Business Today/ Biz Wrap

Cases in Tokyo have risen to a two-month high, driven by the spread of the virus in the capital's night spots. Of Saturday's tally, 100 were people in their 20s and 30s..

Coal India CMD appeals to workers on strike to resume duties

3 days ago

Business / Business Today/ Biz Wrap

The worker unions have been protesting the centre's plan to open the coal sector to private players..

JPMorgan drops terms 'master', 'slave' from internal technology code

4 days ago

Business / Business Today/ Biz Wrap

Other companies like Twitter Inc (TWTR.K) and GitHub Inc adopted similar changes, prompted by the renewed spotlight on racism after the death of George Floyd, a Black man who died in police custody in Minneapolis in May..

'West Bengal's June unemployment rate of 6.5% far better than rest of India's,' says Mamata Banerjee

4 days ago

Business / Business Today/ Biz Wrap

She said this is due to the economic strategy adopted by her government to tackle the COVID-19 crisis and the devastation caused by cyclone Amphan..

'No request from China for Indian users' data,' says TikTok after govt's ban order

4 days ago

Business / Business Today/ Biz Wrap

"I can confirm that the Chinese government has never made a request to us for the TikTok data of Indian users," Mayer wrote, adding that data for Indian users is stored in servers in Singapore..

Swacch Survekshan 2021: Govt launches annual cleanliness survey; states to be ranked

4 days ago

Business / Business Today/ Biz Wrap

At the event, Housing and Urban Affairs Minister Puri said that every year, the 'Swachh Survekshan' is redesigned innovatively to ensure the process becomes more robust with focus on sustaining the behaviour change..

Coronavirus Lockdown: Traffic at India's major ports falls 20% in June quarter

4 days ago

Business / Business Today/ Biz Wrap

India's twelve state-run major ports handled 141.9 million tonnes of shipments in the quarter ended June 30, compared with 176.7 million tonnes the previous year, the IPA data showed..

CIL output drops 63% on Day 1 of 3-day strike

4 days ago

Business / Business Today/ Biz Wrap

Five trade unions, including RSS-affiliated Bharatiya Mazdoor Sangh (BMS), working in Coal India Ltd (CIL) went on a three-day strike from Thursday to protest the decision of the government to start commercial coal mining..

Allow co-operative, pvt, foreign banks employees to use suburban trains as well, Unions to Maha CM

4 days ago

Business / Business Today/ Biz Wrap

Official notifications had included only employees of nationalised banks to take the local train to work from July 1, excluding their other colleagues..

ICMR wants a miracle - A COVID-19 vaccine by August 15

4 days ago

Business / Business Today/ Biz Wrap

Industry experts say this could be only an aspirational target and directive to speed up the trials, than a realistic move to get the vaccine launched within one and a half months..

Bharat Bond ETF may look at including 'AA' rated securities of public sector companies

4 days ago

Business / Business Today/ Biz Wrap

To a query on whether the ETF will include 'AA' rated bonds going forward, Pandey said: "We have kept that provision. We have not restricted it to 'AAA' rated in future. As we go along, we may have to consider, because we want to develop a bond market."..

Tata Motors share price climbs 5%

4 days ago

Business / Business Today/ Biz Wrap

Tata Motors share price trades higher than 5, 20, 50 and 100-day but lower than 200-day moving averages. Tata Motors stock has gained 5.9% in the last 3 days..

Strong balance sheet only key to survival for companies amid coronavirus crisis: SBI Ecowrap

5 days ago

Business / Business Today/ Biz Wrap

"It seems the current crisis is unprecedented and it is important to look at corporates within sectors that have adequate balance sheet strength," SBI Ecowrap report said..

Vande Bharat Mission: Air India slashes flight fares up to 45% for Indians stranded abroad

5 days ago

Business / Business Today/ Biz Wrap

Vande Bharat fares on flights to the Gulf were about 40-45 per cent cheaper than other charter flights. Earnings from the US and Canada flights were being used to cross-subsidise those flights..

Governments sharing bank details uncover $11 trillion in offshore assets

5 days ago

Business / Business Today/ Biz Wrap

The Paris-based Organisation for Economic Cooperation and Development said the increase was due to more countries joining the initiative and a broader range of information was shared..

SSWL's Gujarat plant bags long-term alloy wheel orders worth Rs 3,750 crore

5 days ago

Business / Business Today/ Biz Wrap

The supply programmes are signed off and the ramp-up plan is in place, SSWL said in a regulatory filing..

North Korea's Kim Jong Un urges officials to maintain 'maximum alert' against COVID-19

5 days ago

Business / Business Today/ Biz Wrap

The North's claim of being COVID-19 free has been questioned by outside experts, who say a major outbreak in the country could possibly have dire consequences because of its chronic lack of medical supplies and poor health care infrastructure..

Intel Capital to pump in Rs 1,894.5 cr in Jio Platforms; 12th investment in 11 weeks

5 days ago

Business / Business Today/ Biz Wrap

Intel Capital's investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis..

India approves purchase of Russian combat jets worth $2.4 billion amid tensions with China

5 days ago

Business / Business Today/ Biz Wrap

Tensions between India and China are at their highest in years following a clash last month in a disputed stretch of the border in the western Himalayas in which India lost 20 soldiers..

Divi's Labs CFO seeks legal help on SEBI's impounding order

5 days ago

Business / Business Today/ Biz Wrap

Experts says Divi's Laboratories may need to attend to the SEBI order quickly as it puts the spotlight on corporate governance, an area where the company may not want to show any slippages..

Stamp duty to cut returns on liquid funds; should you switch to short-term FDs?

5 days ago

Business / Business Today/ Biz Wrap

Stamp duty is a tax collected by state governments. It will be applicable whenever you purchase fresh MF units, be it via lumpsum or the SIP route. It will not be applicable on redeeming MF units. Hence, it is a tax on the buyer, not the seller..

TikTok denies plans for legal recourse against ban

5 days ago

Business / Business Today/ Biz Wrap

Presently, the banned apps are planning to formally represent their concerns before Ministry of Electronics and Information Technology, explaining who the benefactors for data they collect are..

Did a Budweiser employee really urinate in beer tanks for 12 years? Find out truth behind viral claim

5 days ago

Business / Business Today/ Biz Wrap

The article claimed that a Budweiser employee has been urinating into beer tanks for the last 12 years. The reaction was that of shock and disbelief, as expected, albeit misplaced..

Infosys share price gains over 4%, IT index leads gains

5 days ago

Business / Business Today/ Biz Wrap

Besides Infosys, shares of Info Edge were up almost 3%, NIIT Technologies gained 2.2%. HCL Technologies, Tata Consultancy, Just Dial gained in the range of 1.4% each, followed by Mindtree and Wipro, that also traded among the top gainers, rising 0.5% and 0.8%, respectively..

Sebi sets up revised structure for preferential issue pricing methodology

6 days ago

Business / Business Today/ Biz Wrap

Experts believe the changes in the pricing guidelines for preferential issues would help promoters and investors to infuse funds into companies that are facing various challenges due to the pandemic..

Coronavirus update: This company is set to make India's cheapest emergency ventilator

6 days ago

Business / Business Today/ Biz Wrap

Kerala State Drugs and Pharmaceuticals (KSDP) is expecting to the start production of ventilators by July-end after getting approval from Kerala Government and ICMR..

Coronavirus pandemic: Delhi HC seeks Centre, AAP stand on PIL seeking e-registration of documents

6 days ago

Business / Business Today/ Biz Wrap

Advocate Gaurav Bahl, appearing for the petitioner, told the court that physical presence of the parties can be done away with by equipping the sub-registrar offices, 22 in Delhi, with virtual portals which would allow the parties to be virtually present..

Coronavirus impact: Apple to close 24 stores in seven US states

6 days ago

Business / Business Today/ Biz Wrap

In cities where stores remain open, Apple requires face coverings for employees and customers while also performing temperature checks and frequent cleaning, the company said..

Uttarakhand High Court issues notice to Ramdev's Patanjali over Coronil

6 days ago

Business / Business Today/ Biz Wrap

The PIL filed by advocate Mani Kumar has sought a ban on the drug, accusing the yoga guru of misleading people by launching Coronil as a medicine to cure coronavirus..

Stocks in news: Dixon Tech, Tata Motors, M&M, Coal India, Eveready, Polycab, Ashok Leyland, Hero MotoCorp

6 days ago

Business / Business Today/ Biz Wrap

Stocks to watch today on July 2: Dixon Tech, Tata Motors, M&M, Coal India, Eveready, Polycab, Ashok Leyland, Hero MotoCorp among others are the top stocks to watch out for in Thursday's trading session..

Mumbai airport fraud: CBI books GVK group chairman GVK Reddy, son for siphoning off Rs 705 crore

6 days ago

Business / Business Today/ Biz Wrap

On April 4, 2006 AAI entered into an agreement with MIAL for modernisation, upkeep, operation and maintenance of Mumbai airport with MIAL...

China's aggressive stance against India, other countries confirms 'true nature' of Communist Party: White House

6 days ago

Business / Business Today/ Biz Wrap

Senior fellow at Brookings Institute Tanvi Madan told members of the House Select Intelligence Committee that since early May there has been attempts by the People's Liberation Army of China to 'unilaterally change the status quo' along the LAC..

Eveready Industries FY20 profit jumps over 3-fold to Rs 179.5 crore

6 days ago

Business / Business Today/ Biz Wrap

For the January-March quarter of FY20, Eveready Industries' net profit surged multi fold to Rs 63.73 crore as against Rs 4.04 crore in Q4 FY19..

Rebooting Economy I: Why stock market is booming when COVID-19-hit economy sinks

6 days ago

Business / Business Today/ Biz Wrap

From co-lending to reskilling workforce, SBI's top 5 focus areas post-COVID

6 days ago

Business / Business Today/ Biz Wrap

The bank is in discussion with dozens of new age NBFCs, fintechs and traditional NBFCs for co-lending. Over half a dozen NBFCs have already been onboarded where the bank is lending based on the lead generated by these new players..

IIT-Delhi breaks own record; sees 4% jump in placements amid coronavirus

6 days ago

Business / Business Today/ Biz Wrap

According to the IIT officials, over 1,100 job offers were made to the students by national as well as international organisations. This year, the number of placement offers increased by 4%..

BSNL cancels 4G upgrade tender after DoT asks it to boycott Chinese telecom gear

6 days ago

Business / Business Today/ Biz Wrap

The source said that the government had told BSNL not to use Chinese equipment in 4G upgrade, and that implementation of the direction meant that the company had to issue a new tender..

Coronavirus impact: 60% hotel operators feel revenue recovery to take 2 years

6 days ago

Business / Business Today/ Biz Wrap

The survey conducted by real estate consultancy firm JLL further said that only 20% of respondents believe that their hotels could bounce back to 2019 Revenue Per Available Room or RevPAR levels within 6 to 12 months..

Patanjali's Coronil to now be available in market; all protocols followed, says Baba Ramdev

7 days ago

Business / Business Today/ Biz Wrap

Coronil: Patanjali stated that they have shared all the clinical trial data with the AYUSH ministry and that the ministry has categorically agreed that Patanjali Research Foundation has appropriately worked on coronavirus management..

Coronavirus crisis: EU reopens borders to 14 countries; excludes India, US, Russia, Brazil

7 days ago

Business / Business Today/ Biz Wrap

More than 15 million Americans are estimated to travel to Europe each year, while some 10 million Europeans head across the Atlantic..

Govt orders internet service providers to block 59 Chinese apps with immediate effect

7 days ago

Business / Business Today/ Biz Wrap

The government has issued web link along with the IP addresses that will make internet service providers easily block access to Chinese apps..

IndiGo, Vistara, other airlines announce fresh salary cuts, leave without pay

7 days ago

Business / Business Today/ Biz Wrap

IndiGo wrote a mail to its pilots informing them of 5.5 days of leave without pay. With this, IndiGo extended the leave without pay (LWP) policy to 10 days, effective from July 1..

Scandal-hit PIA halts operation to Europe after EU ban on its flights for 6 months

7 days ago

Business / Business Today/ Biz Wrap

In a statement, the PIA said that all passengers booked on its flights to European sectors will have the option to either extend their bookings for a later date or get full refunds..

DIIs invest record Rs 88,132 crore in H1CY20, highest since 2008

7 days ago

Business / Business Today/ Biz Wrap

The stock market, it seems, is heading towards the much-needed stability by reducing its dependence on foreign money..

Unravelling GDP growth II: Why GDP measures output, not people's well-being

7 days ago

Business / Business Today/ Biz Wrap

In this second and concluding part, the focus is on why GDP came to measure the quantity of goods and services produced, ignoring social and environmental costs such output imposes on society..

66% citizens want one-month complete lockdown in high coronavirus load districts: Survey

7 days ago

Business / Business Today/ Biz Wrap

The top 15 districts with highest virus load include Mumbai, Delhi, Chennai, Ahmedabad, Thane, Pune, Indore, Kolkata, Jaipur, Surat, Hyderabad, Aurangabad, Jodhpur, Gurugram and Chengalpattu..

Chinese apps banned: Use these apps now instead of UC Browser, ShareIT, CamScanner

7 days ago

Business / Business Today/ Biz Wrap

The government said the action against Chinese apps was taken because of the information available that "they are engaged in activities which are prejudicial to sovereignty and integrity of India, defence of India, security of the state and public order"..

Shell to write off assets worth $22 billion as coronavirus knocks oil, gas demand

7 days ago

Business / Business Today/ Biz Wrap

Shell, the world's largest fuel retailer, said it expected a 40% drop in sales in the second quarter from a year earlier to about 4 million barrels per day (bpd), although that is more than its earlier prediction of a drop to 3.5 million bpd..