Antibiotic Sales Drive Domestic Pharma Mkt Down 11.2% In Lockdown-hit April
Sale of anti-infectives (11% of domestic pharma market) fell by 21.5%, while gynaecological and dermatological drugs fel... Read more
Unavailability Of Labour Force Will Impact Production, Says Maruti Suzuki
Firm sees social distancing norms as a hindrance to productivity as well Read more
AI Firm SirionLabs' Valuation Crosses $300 Mn After Fresh Funding
The Gurugram-based company has raised $44 million in a funding round led by Tiger Global, Avatar Growth Capital. Read more
Footwear Industry Says It Lost Export Orders Worth $1 Bn Due To Covid-19
Says it may require support from government in the form of reduction in GST, especially for footwear priced above Rs 1,0... Read more
Indian Drug Makers Gear Up To Make Gilead's Remdesivir For Covid-19 Therapy
Domestic players will be free to price it; Dutch firm Mylan also to make the drug in India; no royalty for Gilead as yet Read more
India's Plastic Exporters Eye China's Market Share In Western World
India's share in the $1 trillion global plastic exports market is 1% currently, while China's is as much as 10% Read more
Caspian Debt Receives $20 Mn From US Govt Agency As Long-term Debt
Caspian aims to use the funds to invest in under-served emerging enterprises and women-centric businesses. Read more
Pharma Export Growth In FY20 Down To Single Digit Due To Covid: Pharmexcil
Export growth started declining in February and turned negative in March, at -23.24 per cent Read more
Uber Loses $2.9 Bn In Coronavirus Crisis, Drops Bike And Scooter Business
Demand for the Eats business grew 89 per cent in April, excluding India, and we've seen an enormous acceleration in dema... Read more
RIL Repositioning As Consumer, Tech Co May Push Up Stock Price: J P Morgan
J P Morgan said that the core energy business could be staring at multi-year slump Read more
Amid Coronavirus Lockdown, Steel Demand Pick-up Off To A Slow Start
Construction activities have resumed, albeit in a staggered manner; in some pockets there is demand for yellow goods as ... Read more
Cognizant Net Income Declines 17%; To Hire 20,000 At Entry-level In 2020
The company is aiming to invest in business and would onboard around 20,000 entry-level executives in 2020 Read more
Uber Sees Rides Recovering From Covid-19 Lows, Banks On Food-delivery Biz
Uber reported it had seen encouraging signs in markets hit by the pandemic and posted a 14% rise in revenue for the firs... Read more
RIL Sells Another 2.32% In Jio, This Time To Vista Equity For Rs 11,367 Cr
This is Jio's third major announcement in three weeks after it previously sold stakes to Facebook and Silver Lake Read more
Reliance Industries Considers Sale Of $989-million Asian Paints Stake
The company controlled by Mukesh Ambani, is in discussions with banks for a potential sale of its 4.9 per cent stake in ... Read more