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PB Jayakumar
May 8, 2021
The two m-RNA technology based COVID-19 vaccines are set to shatter the record of Pfizer's Lipitor in terms of highest sales in a year.


BusinessToday.In
May 8, 2021
The court said the rationale for constituting the task force at national level is to facilitate a public health response to the pandemic based on scientific and specialised domain knowledge.


BusinessToday.In
May 8, 2021
The Ministry of Electronics and IT has sent an advisory to social media platforms such as Facebook, WhatsApp, Twitter, and Instagram, asking them to \"initiate awareness campaigns\" amongst their user base


Reuters
May 8, 2021
The timing puts Musk, who is also known as an enthusiast of cryptocurrencies, back in the spotlight just as Tesla's stock is losing steam following last year's monster rally


PTI
May 8, 2021
US Health and Human Services Secretary Becerra, in his conversation with Vardhan, reaffirmed the strong US support to India at this time of crisis, according to a readout of the call


BusinessToday.In
May 7, 2021
The new Centre of Excellence (CoE), will be a part of the Mahindra Global Design Network that includes the Mahindra Design Studio in Mumbai, India, and Pininfarina Design in Turin, Italy


PTI
May 6, 2021
If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company's outstanding loans


BusinessToday.In
May 6, 2021
Coforge share hit all-time high of Rs 3,448 against previous close of Rs 2,892.45 on BSE


PTI
May 6, 2021
Bengaluru south MP Tejaswi Surya said he had a conversation with Nilekani, the non-executive chairman of software major Infosys Ltd this morning and sought his help to revamp BBMP bed allocation software


Rukmini Rao
May 5, 2021
A newly formed PPP global task force consisting of US companies like Accenture, Apple, IBM, Microsoft, Walmart expedite medical supplies and other assistance to help India fight the pandemic


BusinessToday.In
May 4, 2021
Consumer sentiments have been particularly battered during the last three weeks of April, says the Centre for Monitoring Indian Economy's (CMIE) managing director and chief executive Mahesh Vyas


PTI
May 3, 2021
Tapan Singhel, the managing director director & chief executive of Bajaj Allianz General Insurance said, adding for FY21 we booked a net profit of Rs 1,330 crore and an underwriting profit of Rs 237 crore


BusinessToday.In
May 3, 2021
Uday Kotak said, \"Given the current pandemic situation, safeguarding lives is of utmost priority and nationwide maximal response measure at the highest level is called for to cut the transmission links\"


BusinessToday.In
May 3, 2021
Sankar took over as the Deputy Governor of the central bank today for a period of three years or until further orders, whichever is earlier.


Anand Adhikari
New Delhi, May 3, 2021
The two-decade-old asset reconstruction industry with over two dozen players will now have the first public sector Asset Reconstruction Company ( ARC), to be set up by the state-owned banks. The government felt the need for setting up a new ARC to clean up the books of the public sector banks (PSBs), which are saddled with bad loans. While more players in the bad loan market are always welcome, there is also a need for empowering the ARCs for faster resolution. The recovery track record of existing private ARCs is not very encouraging. Partly, capital constraints come in the way. The regulatory framework, which restricts ARCs in many areas, is also one of the reasons for ARCs to grow and resolve the bad loans.  In a timely move, the RBI has decided to review the existing legal and regulatory framework. Anand Adhikari, Executive Editor, Business Today shares a checklist of measures and regulatory relaxations that are a must for making ARCs more effective.Also Read: Maintain business resilience, manage risks wisely: RBI Guv tells NBFCs


BusinessToday.In
May 3, 2021
Das advised the NBFCs and MFIs to pay focussed attention to strict adherence to fair practices code, improve customer grievance redress mechanism and strengthen their IT systems


Associated Press
May 3, 2021
The EU's executive Commission said it objected to Apple's rules for music streaming services that compete with its Apple Music service, saying they end up costing consumers more and limiting their choices


BusinessToday.In
May 3, 2021
The India business of Citi includes retail banking, wealth management, credit cards and mortgages. It also has a presence in the distribution of financial services products, investment banking operations and treasury and trade solutions


BusinessToday.In
May 3, 2021
Share of YES Bank lost 13.40% to Rs 12.60 against previous close of Rs 14.55 on BSE. Market cap of the lender fell to Rs 34,826 crore


Rashi Bisaria
New Delhi, May 3, 2021
India's fuel sales drop in April on local restrictions to curb second wave of COVID-19 According to the preliminary data of state-owned fuel retailers, the second wave of coronavirus sweeping the nation has pummelled fuel sales in April as local restrictions clamped to curb the spread of infection stifled demand. At the end of April, overall fuel demand is down by about 7 per cent from pre-Covid level of April 2019. COVID-19 vaccination: Centre says 122 cr doses needed to inoculate 59 cr ...


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