Sony Pictures Network-Viacom 18 merger is in final stages and is likely to be announced soon, according to sources close to the deal makers; E-commerce giant Amazon's global selling programme, which helps Indian exporters sell on the international marketplace, has crossed $2 billion in cumulative exports since its beginning in 2015; IndiGo will lay off 10 per cent of its workforce in view of the disruption due to the coronavirus pandemic, announced its CEO, Ronojoy Dutta. Watch this and more news on News Blast.Also Read: Tata Communications secures local telecom license in Saudi Arabia

In an even more encouraging trend in the life insurance segment, customers are no longer treating insurance simply as an investment product

Starbucks has said it expects sales in China, its biggest growth market, to recover by the end of September from a deep drop because of the pandemic

Oxford coronavirus vaccine shows promise, can train immune systemThe human trials of coronavirus vaccine candidate developed by the University of Oxford and backed by AstraZeneca Plc has shown positive results. The first phase of human trials of vaccine, officially known as AZD1222, have appeared to be safe and prompted a protective immune response in hundreds of people who got the shot, as per a report published in British medical journal Lancet.Sony to own 74% after merger with Viacom 18;...

According to the company, nearly 60,000 Indian MSMEs are exporting through its global program on 15 Amazon websites globally with Delhi, Maharashtra, Rajasthan, Gujarat, Uttar Pradesh and Haryana emerging as the top states with e-commerce exporters

Amazon's decision pre-empts any future move by the government to set a time frame for sellers as well as ecommerce websites to abide by the country of origin rule

Indian e-commerce major Flipkart on Tuesday said that it will raise $1.2 billion funding from investors led by Walmart

Being digital-first not only makes products available to consumersas soon as possible but also create a parallel system to traditional distribution system; experts, however, believe ecosystem of traditional distributors will not vanish in a hurry

Online sellers have sought an additional time of 3 to 4 months citing large numbers of products and compliance burden on sellers and MSMEs

Start-ups are consolidating freight operations via digital maketplaces and using tech for better warehouse management

A lot of local stores are going online with help from tech start-ups and a clutch of FMCG majors

Consumer insight-driven launches, digital after-sales service and automation of production & logistics are redefining the consumer durables industry

Economic measures against China - where they work, where they dont

In response, Cognizant said that the lay-offs were part of performance management that happens at the company every year; the company said it is hiring at all levels in India and abroad

The decision is aimed at improving the discipline and timeliness of payments to vendors, especially micro, small and medium enterprises (MSMEs)

After 20 soldiers were killed in border clashes, India has resorted to what increasingly looks like a trade war with China, targeting Chinese companies and projects in India 

RXIL, a joint venture between Small Industries Development Bank of India (SIDBI) and National Stock Exchange of India Limited (NSE), is one of the three entities approved by RBI to run the TReDS platform

India's aviation industry continues to brave the impact of coronavirus pandemic despite the restoration of its operations. Several domestic airlines, including IndiGo, Vistara have opted for fresh salary cuts for July in order to trim cost due to low demand and battered profits; Amazon Pantry, the marketplace for shopping everyday essentials and groceries is now available in over 300 cities across the country.  Watch this and more news on News blast.Hero MotoCorp domestic sales fall 27% to 4.5 lakh units in June

Airtel sells 25% stake in data centre business to US-based Carlyle for Rs 1,780 croreUS-based private equity firm, Carlyle Group announced on Wednesday that it will buy a 25% stake in Bharti Airtel's data centre business, Nxtra Data for $235 million (around Rs 1,780 crore). Airtel will continue to hold the remaining 75% stake in the business. Nxtra will use the proceeds from the stake sale to scale up its infrastructure across the country.Govt orders internet service providers to bl...

Amazon says that hundreds of towns like Bharatpur in Rajasthan, Bilaspur in Chhattisgarh, Shivpuri in Madhya Pradesh, Fatehabad in Haryana and Mirzapur in Uttar Pradesh among others were added to help customers order groceries online