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UB shares worth Rs 5,800 crore sold in Vijay Mallya case: ED

April FDI inflow to India up 38% to $6.24 billion; Karnataka top recipient

The total foreign direct investment (FDI) into India rose 38 per cent year-on-year (YoY) to $6.24 billion in April 2021, led by higher equity inflows. India had attracted total FDI of $4.53 billion in the corresponding month in the previous year.

United Breweries shares worth Rs 5,800 crore sold in Vijay Mallya case: ED

The debts recovery tribunal (DRT) has sold shares worth over Rs 5,800 crore of United Breweries Limited (UBL) that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against fugitive liquor baron Vijay Mallya, the Enforcement Directorate said on Wednesday. Further realisation of Rs 800 crore by sale of shares is expected by June 25

COVID-19 vaccine for children of 2-18 years likely by Oct

COVID-19 vaccine makers are conducting trials for children at a very fast pace and an approved candidate is likely by September-October, according to AIIMS Delhi Director Dr Randeep Guleria. Dr Guleria said that vaccine manufacturers including Bharat Biotech are conducting trials and data for the same is likely to be out by September-October.

No plan to acquire cos with global supply chain: Kumar Birla on protectionism & Covid

The $46 billion Aditya Birla Group has no plans to acquire companies with global supply chain in future as Covid-19 pandemic has changed the dynamics of doing business amid growing protectionism, says chairman Kumar Mangalam Birla. The 54-year-old businessman said a reset has happened as the world is faced with the worst pandemic and countries resort to protectionism.

IndiGo to offer up to 10% discount for partially, fully vaccinated passengers

Domestic carrier IndiGo has announced a special discount of up to 10 per cent on the base fare to its customers vaccinated with either one or both doses of COVID-19 vaccines to support the Centre's mass vaccination drive. The scheme became effective from June 23rd.

Antivirus creator John McAfee found dead due to alleged suicide in Spanish prison

John McAfee, the creator of McAfee antivirus software, was found dead in his jail cell near Barcelona in an apparent suicide Wednesday, hours after a Spanish court approved his extradition to the United States to face tax charges punishable by decades in prison, authorities said.