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Business / Business Today

Coronavirus lockdown: Curbs on cinema halls, pools, events lifted in Goa

The order issued by South Goa collector Ajit Roy lays down that swimming pools can function for training and sports purposes, while cinema halls and other events will take place with attendance capped at 50 per cent of capacity of venue

28 Nov 2020 10:30 pm
Fire breaks out at Oppo's Greater Noida factory, no injuries, casualties

Ambulances and 19 fire trucks were rushed to the Oppo plant in Greater Noida after the fire broke out in the evening, Vishal Pandey, a senior police official in the area

28 Nov 2020 10:11 pm
Plea in SC against Centre's decision to 'retrospectively' amend SK Mishra's tenure as ED director

The petition, filed by advocate Prashant Bhushan for NGO Common Cause, also sought a direction to the central government to appoint a director for the agency 'in a transparent manner and strictly in accordance with the law'

28 Nov 2020 9:35 pm
Rajasthan cuts down private lab RT-PCR COVID-19 test rates to Rs 800

The state government issued the order slashing the Covid-19 test rate by private labs soon after the chief minister digitally inaugurated a 70-bed Covid-19 Intensive Care Unit in RUHS Hospital hee and disease testing labs in six towns

28 Nov 2020 9:09 pm
COVID-19 vaccine: Serum Institute to apply for emergency use of vaccine in next 2 weeks

Poonawalla said in the next few weeks SII plans to apply for emergency use authorization for AstraZeneca's COVID-19 vaccine candidate that he described as a 'very good' option

28 Nov 2020 8:54 pm
Serum Institute to double Covishield vaccine production to 100 million a month

Serum Institute will have a capacity to make over 2.5 billion doses of vaccines a year as it is currently upscaling the capacity from over 1.6 billion doses

28 Nov 2020 8:28 pm
Insider trading case: Sebi bars NDTV promoters from securities market for 2 years

Sebi noted that Prannoy Roy and Radhika Roy together made a gain of Rs 16.97 crore while indulging in insider trading in the shares of New Delhi Television Ltd (NDTV) while in possession of UPSI relating to the proposed reorganization of the company

28 Nov 2020 8:26 pm
25,000 defaulting 'big' taxpayers to be persuaded to file returns by Nov 30

Officers in the GST department have been directed to follow up personally with these defaulting taxpayers so that their GSTR-3B returns due for October get filed by November 30

28 Nov 2020 7:55 pm
PM Modi visits Serum Institute to review COVID-19 vaccine development

PM Modi paid his visit to Pune-based Serum Institute of India and reviewed the manufacturing process of COVID-19 vaccine. He interacted with scientists at the SII and went around the facility, taking stock of vaccine development work

28 Nov 2020 7:44 pm
COVID-19 vaccine update: Luxembourg-based firm to set up refrigerated vaccine transport boxes in Gujarat

Coronavirus update: Next week, Luxembourg firm B Medical Systems is sending a high-level team to Gujarat to set up a vaccine cold chain including solar vaccine refrigerators, freezers, and transport boxes in Gujarat

28 Nov 2020 7:27 pm
Retail inflation for industrial workers jumps to 5.91% in October

Similarly, it stated that food inflation stood at 8.21 per cent in October against 7.51 per cent of the previous month (September 2020) and 8.60 per cent during the corresponding month (October 2019) a year ago

28 Nov 2020 7:14 pm
EPFO extends deadline for submission of life certificates by pensioners till Feb 28

Presently, a pensioner can submit JPP anytime during the year up to 30th November, which is valid for a period of one year from the date of issue. All such pensioners can submit life certificates till February 28, 2021

28 Nov 2020 6:52 pm
Irdai approves Max Financial's share swap agreement with Mitsui Sumitomo

Max Financial Services Limited will issue and allot 7.54 crore shares of Rs 2 each at a price of Rs 565.11 per equity share on a preferential allotment basis to Mitsui Sumitomo

28 Nov 2020 6:25 pm
Zappos co-founder Tony Hsieh passes away at 46

Hsieh was with family when he died Friday, according to a statement from DTP Companies, which he founded. Downtown Partnership spokesperson Megan Fazio says Hsieh passed away in Connecticut

28 Nov 2020 6:08 pm
GST officers arrest Haryana resident in Rs 129 crore tax evasion ease

The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested one Satyender Sharma, resident of Haryana, on charges of manufacturing and supplying illegally manufactured cigarettes

28 Nov 2020 5:59 pm
Q2 GDP growth shows surprising resilience: Is worst over for Indian economy?

India's Q2 GDP number showed surprising resilience with contraction of only 7.5 per cent in real terms, while the most astonishing number was the positive growth in manufacturing sector, says SBI in its research report

28 Nov 2020 5:39 pm
Serum Institute to submit data on COVID-19 vaccine trials within deadline

The British-Swedish drug maker AstraZeneca would also submit the current data set to the Indian regulator within the stipulated time, and also provide additional study results

28 Nov 2020 5:34 pm
PM Modi visits Bharat Biotech's Hyderabad facility to review COVID-19 vaccine development

PM Modi landed at Hakimpet Air Force station near here at around 1 pm,as part of his three-city tour to take the stock of COVID-19 vaccine development

28 Nov 2020 5:29 pm
FinMin invites public suggestions for Budget 2021; Here's how you can share ideas with govt

This is an effort by the government to make the Budget tabulation process more 'participatory and democratic by taking it closer to the people of India'

28 Nov 2020 5:13 pm
ADB approves $300 million loan to cash-strapped Pakistan

The announcement by the Philippines-headquartered lender came a week after Pakistan secured USD 800 million worth of debt freeze deals from 14 members of the G20

28 Nov 2020 4:51 pm
Increase in FDI indicates investors' preference for India's enabling environment, says Piyush Goyal

Taking to Twitter, Commerce and Industry Minister Piyush Goyal said that despite COVID-19, FDI doubled year-on-year upwards, indicating global investors' preference for India's enabling environment

28 Nov 2020 4:27 pm
Centre deploys MARCOS in eastern Ladakh as part of tri-service operation

MARCOS have been deployed to enhance the integration of the three services as well as to provide naval commandos exposure to extreme cold weather conditions of Eastern Ladakh, government sources said

28 Nov 2020 4:14 pm
Centre's ethanol impetus prompts sugar mills to raise production

As per the figures, by the end of the season last year, 147 mills- 79 cooperative and 68 private- had crushed 545.26 lakh tonnes of sugarcane and produced 66.61 lakh tonne sugar

28 Nov 2020 3:43 pm
Baba Ramdev, brother Ram Bharat on board of Ruchi Soya

Baba Ramdev's Patanjali Ayurved paid Rs 4,350 crore to take over Ruchi Soya in 2019. The acquisition helped Patanjali acquire edible oil plants as also soybean oil brands such as Mahakosh and Ruchi Gold

28 Nov 2020 3:35 pm
US elections 2020: Donald Trump's Pennsylvania election lawsuit rejected

The judgement came four days after Pennsylvania certified Trump's Democratic rival Joe Biden as the winner in the state which has 20 electoral college votes

28 Nov 2020 3:17 pm
Delhi traffic update: Roads and routes to avoid today amid farmers' protest

Farmers, representing over 30 farm bodies, have called for a 'Delhi Chalo' march through several routes -- Lalru, Shambhu, Patiala-Pehowa, Patran-Khanauri, Moonak-Tohana, Ratia-Fatehabad and Talwandi-Sirsa

28 Nov 2020 3:10 pm
COVID-19 vaccine will be administered within 3-4 weeks of availability: Delhi Health Minister

Delhi Health Minister Satyendra Jain also said that the vaccination will be administered to all people residing in the National Capital with the help of health facilities such as polyclinics

28 Nov 2020 2:51 pm
Partial COVID-19 lockdown likely to be extended until Spring 2021: German Economy Minister

Germany's Economy Minister Peter Altmaier said it was not possible to give the all-clear while there were incidences of more than 50 infections per 100,000 inhabitants in large parts of the country

28 Nov 2020 2:44 pm
Will coronavirus vaccines protect people? Does efficacy equal effectiveness? An explainer

If a vaccine has an efficacy of, say, 80%, it means that if 100 people who have not previously been infected by the coronavirus are given the vaccine, on average 80 of them will not get the disease that the virus causes: COVID-19

28 Nov 2020 2:32 pm
Eastern Railway to reopen non-suburban passenger train services from December 21

Non-suburban passenger train services were stopped in the last week of March due to the COVID-19 pandemic

28 Nov 2020 2:27 pm
Tesla likely to widen release of 'self-driving' software in 2 weeks: Elon Musk

In October, Tesla released a beta, or test version, of what it calls a Full Self Driving software upgrade to an undisclosed number of expert, careful drivers

28 Nov 2020 2:12 pm
PM Modi reviews vaccine development at Zydus Cadila's plant; next stop Bharat Biotech facility in Hyderabad

PM Modi took stock of the work being done so far on the development of coronavirus vaccine at the Zydus Cadila research centre

28 Nov 2020 1:56 pm
Burger King IPO: Check launch date, issue price, risk factors; other details

Burger King IPO: The price band of the offer has been fixed at Rs 59 to Rs 60 per equity share for its Rs 810 crore IPO, which will close on Friday, December 4, 2020

28 Nov 2020 1:49 pm
Delhi's air quality falls back to 'poor' category; AQI trots at 209

The city's air quality index (AQI) was 209 at 9 am. The 24-hour average AQI was 137 on Friday, 302 on Thursday and 413 on Wednesday

28 Nov 2020 1:43 pm
Around 8000 IT professionals hired through 'Karma Bhumi' app in West Bengal

The state IT department had developed the Karma Bhumi app for professionals who had returned from other places to enlist themselves for getting employment in the state for a limited period of time

28 Nov 2020 1:35 pm
Agritech startup Farmkart to raise Rs 90 crore via VCs for pan-India expansion

Farmkart's tech solutions are designed for non-tech savvy farmers providing them with fertilisers, pesticides, fungicides, seeds, farm equipment, among others at their doorsteps with no delivery cost

28 Nov 2020 1:17 pm
Petrol, diesel price: Fuel rates record marginal increase today; check rates

Petrol price in the national capital went up to Rs 82.13 per litre from Rs 81.89, as per the price notification from oil marketing companies, whereas diesel rates rose from Rs 71.86 to Rs 72.13 a litre

28 Nov 2020 1:07 pm
Hyundai, Kia Motors agree to $210 million auto safety civil penalty in US

The US National Highway Traffic Safety Administration (NHTSA) said the two affiliated Korean automakers agreed to consent orders after it said they had inaccurately reported some information to the agency regarding the recalls

28 Nov 2020 12:56 pm
SEBI bans NDTV promoters Prannoy Roy, Radhika Roy from securities market for 2 years

Sebi noted that Prannoy Roy and Radhika Roy together made a gain of Rs 16.97 crore while indulging in insider trading in the shares of New Delhi Television Ltd (NDTV) while in possession of UPSI relating to the proposed reorganization of the company

28 Nov 2020 12:36 pm
'Highly speculative' to say COVID-19 did not emerge in China: WHO

China is pushing a narrative via state media that the virus existed abroad before it was discovered in the central city of Wuhan

28 Nov 2020 12:17 pm
COVID-19 crisis: India's caseload crosses 93 lakh-mark; recovery stands at 93.68%

The total coronavirus cases increased to 93,51,109 and the death toll climbed to 1,36,200 with the virus claiming 485 more lives, the health ministry data updated at 8 am showed

28 Nov 2020 12:01 pm
Meru Cabs outlines plans to raise up to Rs 400 crore from private equity investors

The Mahindra Group-backed cab operator's fundraising plan comes at a time when Meru Cabs is fine-tuning its focus on offering cab services to corporates and widening its base of electric vehicles in the country

28 Nov 2020 11:46 am
Biden will be a president who represents the best of America, says Kamala Harris

Lavishing praise on the 78-year-old US President-elect, Harris on Friday said that Biden will be a president for all Americans

28 Nov 2020 11:32 am
Farmers protest: Many Delhi-NCR colleges cancel exams

Farmers' protest live: Many students have said that their colleges cancelled exams at the last minute with no means available for them to travel back home

28 Nov 2020 11:24 am
Orders worth $51 billion for submarines, surface ships likely to be executed by Navy in 10 years: Centre

Union Minister of State for Defence Shripad Naik said that more than 60 per cent of the Indian Navy's budget is dedicated to capital expenditure and nearly 70 per cent of this capital budget has been spent on indigenous sourcing

28 Nov 2020 10:38 am
Stubble burning incidents rose by over 20% in 2020, says Air quality commission official

K J Ramesh, member of the newly formed commission for air quality management, exuded confidence of coming up with an acceptable and suitable solution to combat air pollution by next year

28 Nov 2020 10:19 am
10 COVID-19 vaccines likely to be available by mid-2021: IFPMA

Vaccines by Pfizer and BioNtech, as well as Moderna and AstraZeneca have shown promising results in large clinical trials, but there is no question of cutting corners, said Thomas Cueni, director-general of the IFPMA

28 Nov 2020 9:55 am
PM Modi's COVID-19 vaccine manufacturing tour to give a fillip to immunisation plans, business

Prime Minister Narendra Modi's visit to these facilities and discussions with the scientists are to help him get a first-hand perspective of the preparations, challenges and roadmap in India's vaccination plans

28 Nov 2020 9:46 am
Society should change attitude towards vocational courses: Manish Sisodia

Delhi Deputy Chief Minister Manish Sisodia was addressing the students of Delhi government schools at a felicitation event for excelling in Class 12 boards with vocational subjects

28 Nov 2020 9:37 am
Cyclone Nivar: PM Modi speaks to TN CM Palanisami; kin of deceased to receive Rs 2 lakh

The PMO said the monetary assistance to the next of kin of the deceased and injured will be provided from the Prime Minister's National Relief Fund (PMNRF)

28 Nov 2020 9:22 am