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Reuters
May 25, 2020
Domestic flights will resume across India on Monday after a day of \"hard negotiations\", the federal civil aviation minister said on Sunday, after some states sought to limit the number of flights


BusinessToday.In
May 24, 2020
Coronavirus vaccine update: Experts have welcomed the findings, saying the results showed patients on remdesivir cut their recovery time by 27 per cent


Associated Press
May 23, 2020
In late March, Hertz shed 12,000 workers and put another 4,000 on furlough, cut vehicle acquisitions by 90% and stopped all nonessential spending


PTI
New Delhi, May 22, 2020
Since the outbreak of the pandemic, the government has taken several steps to mitigate the hardships of the people due to lockdown and support growth


Reuters
May 22, 2020
In India, where the Jeff Bezos-led company faces stiff competition from Walmart Inc's Flipkart, Amazon earlier said it plans to create 1 million jobs by 2025


Reuters
May 22, 2020
Reliance's shares have tripled in value in the last three years coinciding with staggering subscriber growth at Jio Infocomm, which is now part of Jio Platforms


Associated Press
May 22, 2020
About a dozen different experimental vaccines are in early stages of human testing or poised to start, mostly in China, the U.S. and Europe, with dozens more in earlier stages of development


Reuters
May 22, 2020
The FDA approved emergency use of remdesivir on May 1 based on preliminary results from a National Institute of Allergy and Infectious Diseases (NIAID) trial showing that the drug cut hospital stays by 31%, or about four days, compared with a placebo


BusinessToday.In
New Delhi, May 21, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Upasana Rao
May 21, 2020
For corporate borrowers reeling under the pressures of Coronavirus, it will be critical to be able to seek early intervention and avert insolvency


BusinessToday.In
New Delhi, May 21, 2020
Super cyclone Amphan made a landfall in India around 7 pm on Wednesday. The extremely severe cyclone has battered West Bengal and Odisha, packing winds gushing up to 190 kmph, causing heavy rainfall, uprooting trees and swamping homes and farmlands; Indian pharmaceutical company Strides Pharma Science Ltd  said on Thursday that it had obtained regulatory approval to conduct clinical trials of antiviral drug favipiravir, a potential treatment for COVID-19; Union Finance Minister Nirmala Sitharaman during her virtual conference with senior members of Confederation of Indian Industry (CII) on Wednesday asked them to ramp up operations and pump in more money to offset the impact of the coronavirus-induced slowdown. Watch this and more on News Blast.Also Read: Fewer domestic flights to be allowed, frequency guidelines issued


Reuters
May 21, 2020
It is in talks to raise about $20 billion by selling part of its stake in T-Mobile US Inc, the Wall Street Journal reported this week


India Today Tech
New Delhi, May 21, 2020
Many authorities across countries now have an access to Apple and Google contact tracing technology but with some restrictions. Find out more.


BusinessToday.In
New Delhi, May 21, 2020
Domestic flights to resume from May 25: IndiGo, SpiceJet gear up for post-lockdown operationsShortly after Civil Aviation Minister Hardeep Singh Puri announced that India will resume domestic flights from May 25, domestic carriers IndiGo and SpiceJet said that they are fully prepared with safety measures to get back to work. Gurgaon-headquartered IndiGo, India's largest airline by passengers carried and fleet size, said that it will be resuming flight operations from May 25, 2020 ...


BusinessToday.In
New Delhi, May 21, 2020
Industry leaders flag issues such as low demand and need for policy reforms in sectors such as aviation, automotive and tourism, which have been badly hit due to the coronavirus pandemic


Reuters
May 21, 2020
The company employs nearly 20,000 people globally, with its main headquarters in Westchester, a New York City suburb


BusinessToday.In
New Delhi, May 20, 2020
Facebook Inc is launching Shops, a service that will allow businesses to display and sell products on the world's largest social network's platforms; Amidst global economic recession due to coronavirus, foreign investors have pulled out an estimated USD 26 billion from developing Asian economies and over USD 16 billion out of India, a latest Congressional report has said; Finance Minister Nirmala Sitharaman has said the economic stimulus was a \"responsible package\" and that it will put \"public money\" directly in poor and middle-class' hands. Watch this and more on News Blast.Also Read: Coronavirus impact: Every sector will benefit from Rs 20 lakh crore package, says Sitharaman


BusinessToday.In
New Delhi, May 20, 2020
Atma Nirbhar Bharat a 'responsible package', will put money in poor's hands: Nirmala SitharamanFinance Minister Nirmala Sithraman has said the economic stimulus was a \"responsible package\" and that it will put \"public money\" directly in poor and middle-class' hands. On the criticism of the fiscal stimulus, the FM said it was important to see where the money is going. She added the measures announced in the fiscal stimulus will provide re-employment to people. Reliance Ind...


Reuters
May 20, 2020
The COVID-19 pandemic, which has so far infected more than 4.85 million people globally, has led to strict lockdowns in most countries and changed the way businesses function, with work-from-home emerging as the new norm


Reuters
New Delhi, May 20, 2020
The move to build up e-commerce offerings follows Facebook's launch last year of limited shopping options on photo-sharing app Instagram and messaging app WhatsApp.


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