Business News Section


Glenmark shares fall 5.8% after DCGI notice on overpricing


Glenmark shares fall 5.8% after DCGI notice on overpricing

Shares of Glenmark Pharmaceuticals Ltd on Monday fell as much as 5.8% after India's drug regulator sent a notice to the company on overpricing and false claims of its generic version of favipiravir--FabiFlu.

The Click here to Read More...

Rajendra Saxena Monday, 20th of July 2020 12:20:28 business 2950


HDFC Bank gains 5% on strong Q1 performance


HDFC Bank gains 5% on strong Q1 performance

MUMBAI : Shares of HDFC Bank rose as much as 4.87% after it reported nearly 19.58% jump in its net profit to â‚¹6,658.62 crores for the quarter ended 30 June against, â‚¹5568.16 crores for the same quarter last year.< Click here to Read More...

Ashwin Ramarathinam Monday, 20th of July 2020 12:12:25 business 2962


Expect two wheeler sales to increase amid COVID-19 situation: Eicher Motors


Expect two wheeler sales to increase amid COVID-19 situation: Eicher Motors

Going forward, Eicher Motors expects increased demand for two-wheelers as people would be wary of using public transport amid the coronavirus pandemic, according to the company's annual report.

The company has a presen Click here to Read More...

PTI Sunday, 19th of July 2020 16:51:22 business 3060


RIL announces strategic initiatives at AGM, raises hopes of investors


RIL announces strategic initiatives at AGM, raises hopes of investors

For the fifth straight year, Reliance Industries Ltd (RIL) has used its annual general meeting (AGM) as a platform to announce strategic initiatives. It all started with the launch of Reliance Jio’s 4G services in 2016, followed by the launc Click here to Read More...

Mobis Philipose, Pallavi Pengonda Thursday, 16th of July 2020 01:31:25 business 3138


Yes Bank’s ₹15,000 crore FPO subscribed 24% on first day


Yes Bank’s ₹15,000 crore FPO subscribed 24% on first day

Mumbai: The ₹15,000 crore follow-on public offer (FPO) of Yes Bank Ltd was subscribed 24% on Wednesday, the first day of the offering, according to data from stock exchanges.

While the portion of shares reserved for institutional i Click here to Read More...

Ashwin Ramarathinam Thursday, 16th of July 2020 01:22:59 business 2896


With Jio, Google and Facebook, Mukesh Ambani plots a tech future


With Jio, Google and Facebook, Mukesh Ambani plots a tech future

After securing more than $20 billion in investment from the likes of Google and Facebook Inc., Indian billionaire Mukesh Ambani laid out a vision for his digital venture as he seeks to build a homegrown technology titan that could rival global gia Click here to Read More...

Bloomberg Thursday, 16th of July 2020 01:12:42 business 2863


Jio investment first, biggest of India investment plans: Google CEO Sundar Pichai


Jio investment first, biggest of India investment plans: Google CEO Sundar Pichai

Google’s investment of $4.5 billion (Rs 33,737 crore) in Jio Platforms Ltd, for 7.73 percent stake aims to accelerate India’s digital economy over the next five to seven years through a mix of equity investments, partnerships, and oper Click here to Read More...

ET Bureau Wednesday, 15th of July 2020 21:06:01 business 3020


Rossari Biotech's IPO Set To Open On Monday. Here's All You Need To Know


Rossari Biotech's IPO Set To Open On Monday. Here's All You Need To Know

Rossari Biotech's initial public offer (IPO) will open for subscription for three trading days starting Monday, July 13. Trading in the Rossari IPO will be available from 10:00 am to 5:00 pm. Mumbai-based specialty chemicals maker Rossari Biot Click here to Read More...

Sandeep Singh (with inputs from agencies) Sunday, 12th of July 2020 18:50:18 business 2893


Small Savings Schemes: Your Funds In Post Office Account Yield These Returns


Small Savings Schemes: Your Funds In Post Office Account Yield These Returns


India Post currently provides annual returns to the tune of 4-7.6 per cent through nine small saving schemes - including the 15-year Public Provident Fund (PPF). Funds can be parked in these small savings schemes through the designated pos Click here to Read More...

Sandeep Singh Sunday, 12th of July 2020 18:44:01 business 2913


Indian online grocery market can exceed $3 billion sales in 2020: Sanjiv Goenka


Indian online grocery market can exceed $3 billion sales in 2020: Sanjiv Goenka

The Indian online grocery market could exceed sales of USD 3 billion (about Rs 22,500 crore) in 2020, a substantial 76 per cent jump over the previous year, Spencer's Retail Chairman Sanjiv Goenka said. The preference for online delivery of pr Click here to Read More...

PTI Sunday, 12th of July 2020 18:11:51 business 2864


Huge relief for salaried! EPF support extended by 3 months for these employees


Huge relief for salaried! EPF support extended by 3 months for these employees

This relief will be applicable to all those establishments which have up to 100 employees and out of those, 90 per cent are earning less than Rs 15,000 a month.

PF Contribution rate 2020: There is good news for salaried individuals. The Click here to Read More...

Sunil Dhawan Wednesday, 8th of July 2020 17:53:25 business 2901


Scripbox co-founder Ashok Kumar joins GiveIndia, as its president


Scripbox co-founder Ashok Kumar joins GiveIndia, as its president

NEW DELHI: GiveIndia, a Bengaluru-based nonprofit, on Wednesday announced the appointment of Ashok Kumar E.R. as the president of the organization. In his new role, Ashok will be responsible for advancing the strategy and vision, scaling up the do Click here to Read More...

ET Bureau Wednesday, 8th of July 2020 17:43:39 business 3455


IOC resumes work on Rs 1.04 lakh cr worth of projects


IOC resumes work on Rs 1.04 lakh cr worth of projects

NEW DELHI: Indian Oil Corporation (IOCNSE 0.93 %), the nation's biggest oil firm, on Wednesday said with easing of lockdown restrictions, it has resumed work on projects worth Rs 1.04 lakh crore which will help address future energy demand as Click here to Read More...

PTI Wednesday, 8th of July 2020 17:35:55 business 3032