Banking

Glenmark Gets DCGI Nod For Clinical Trials Of Potential Covid-19 Drug

As per the clinical trial protocol approved, 150 subjects with mild to moderate Covid-19 will be randomised in the study... Read more

LafargeHolcim First-quarter Profit Falls 14% As Covid-19 Hits Construction

The world's biggest cement maker says its sales fell 11.2% to 5.29 billion Swiss francs ($5.42 billion), from 5.96 billi... Read more

Tesla Posts Third Quarterly Profit In A Row, But Elon Musk Is Not Happy

Tesla produces a fraction of the cars of its rivals but has a much larger stock market value on expectations of tremendo... Read more

Scrappage Scheme Would Give Demand A Boost: Ashok Leyland MD & CEO

A good scrappage policy could help improve efficiency of our transport fleet, reduce pollution and also help boost deman... Read more

Microsoft Revenue Beats Estimates As Covid-19 Crisis Boosts Cloud Business

Microsoft benefited from strong demand for its Teams collaboration software, which now has 75 million users Read more

Apple, Google Release Coronavirus Contact Tracing APIs To Select Developers

The release is to encourage feedback that will help improve various features of the framework before the final rollout Read more

Covid-19: Zuckerberg Endorses Silicon Valley Lockdown, Musk Sees 'fascism'

Zuckerberg expresses concerns about easing lockdown measures. Musk calls the move 'anti-democratic' Read more

Stocks Up, Warehouses Shut: Weal And Woes Of Amazon Inc During Covid-19

The company's website hit 2.54 billion visitors in March, which is a 65 per cent jump from the same period last year Read more

Global Business Bodies Nudge FM Sitharaman To Defer Equalisation Levy

The bodies have also approached the US Trade Representative to call for discussion on India's move to impose equalisatio... Read more

CBA Sells CommSec Wholesale Division

Commonwealth Bank has sold part of its CommSec business but says the CommSec retail broking business remains core to its... Read more

Credit Corp Launches Capital Raising

Credit Corp has gone to the market to raise up to A$150 million of new capital, which it will use to increase liquidity ... Read more

PE Investors Ready To Ride To Recovery

Cashed up private equity investors are settling in for a quiet few months after a strong decade of growth in Australia t... Read more

GlaxoSmithKline Plans Sale Of $3.7-billion Stake In Hindustan Unilever

The firm may offload part or all of its 5.7% holding in HUL through a series of block trades Read more

Relief To Vodafone Idea As SC Orders Rs 733-crore Income Tax Refund

Vodafone Idea, which is facing a financial crisis after the apex court ordered it to pay AGR dues and penalties totallin... Read more

Covid-19 Lockdown: Mondelez, Other FMCG Giants Indicate Dent In Business

In an investor call, Dirk Van de Put, Mondelez's global chairman and CEO said the firm went "absolutely blank" in the fi... Read more