MG Motor retails 2,012 units in June

"Even though our sales performance in June was better than May this year, we continue to face headwinds in supply chain and logistics due to multiple issues," MG Motor India Director Sales Rakesh Sidana said.

Escorts reports 21% increase in total tractor sales at 10,851 units in June

Domestic tractor sales were at 10,623 units in the month under review, as against 8,648 units in the year-ago month, a growth of 22.8 percent, it added.

BookMyShow unveils global online streaming platform for live entertainment

Through #39;BookMyShow Online#39;, the company is offering both paid and free performances across music, comedy and other performing arts. This will be an extension of the live entertainment experiences produced by BMS.

Priyanka Chopra Jonas inks #39;multimillion-dollar#39; TV deal with Amazon

"So honoured and excited to finally share this news with you. Looking ahead, we already have so much on our slate! Big thank you to @jsalke and her team at Amazon for being such great partners, and for sharing in the belief that talent and good content knows no boundaries," Priyanka wrote.

The China presence in Indian aviation that few know about

About 20 percent of aircraft used by Indian airlines are leased from Chinese lessors

US charges generic drug firm Glenmark with price-fixing

Glenmark allegedly conspired with pharmaceutical maker Apotex Corp and other generic drug companies to increase the prices of cholesterol medication pravastatin and other generic drugs, the department said.

The battle may have just begun, says Rahul Bajaj on COVID-19 disruption

"With a partial easing of lockdown, our facilities at Chakan, Waluj and Pantnagar have opened, but are far from working at full pace,” Rahul Bajaj said.

Chinese apps banned | Govt panel to investigate data-sharing practices of Chinese apps: Report

Representatives of top social media apps like TikTok, Bigo Live, etc., have already confirmed to cooperate with the government officials in the investigation.

Taking cue from Taj Group, Oberoi Hotels to launch own food delivery app

To be launched on July 25 the Qmin mobile app will offer food from eight restaurants including of Taj Golden Dragon and Souk from Taj Mahal Palace among others.

Vodafone Idea to divest stake in Indus Towers after Infratel merger

The Indus-Infratel merger has received foreign direct investment (FDI) approval and is slated to be completed by August 31.

Carlyle to buy 25% stake in Bharti Airtel#39;s data centre business for $235 million

Carlyle Group will make the investment in Bharti Airtel#39;s Nxtra Data at a valuation of $1.2 billion.

Essar group places bid for Petrobras#39; Bahia refinery: Sources

Petrobras, as Brazil#39;s state-controlled oil producer is known, has received at least two offers for the 323,000 barrels per day Landulpho Alves refinery in Bahia, known as Rlam. The other is from Abu Dhabi#39;s Mubadala Investment Company.

Copper futures rise marginally on fresh bets

On the Multi Commodity Exchange, copper contracts for July delivery traded higher by Rs 2.85, or 0.62 per cent, at Rs 461.80 per kg in a business turnover of 5,623 lots.

Nickel futures rise on firm demand

The metal for July delivery traded higher by Rs 2.50, or 0.26 per cent, at Rs 978.40 per kg in a business turnover of 1,591 lots.

Crude oil futures slump 1.33%, Brent trades above $41 a barrel

In the futures market, crude oil for July delivery touched an intraday high of Rs 2,993 and an intraday low of Rs 2,956 per barrel on the MCX

Background verification process sees delays as screening moves online

Field checks have been a challenge as the COVID-19 outbreak has forced people to stay indoors.

Human trials begin in fortnight, JJ works to ramp up production of affordable COVID-19 vaccine, says top scientist

The US-based pharma giant, which has already advanced its schedule of starting human trials of its candidate vaccine to the second half of July from September, is working on the twin fronts of expanding existing manufacturing capacity and establishing new units, Chief Scientific Officer Paul Stoffels told PTI.

More and more employees will be allowed to work from home even after COVID-19: Nirmal Bang

"I do not see heavy retrenchment in the financial services industry. In fact, businesses are continuing to hire people," said Nirmal Bang Securities#39; Rakesh Bhandari

Marty Baron made The Post great again. Now, the news is changing

The revival of The Post by Baron and its owner, Amazon founder Jeff Bezos, is perhaps the greatest news business success story of the past decade. But that journalistic revival has in some ways masked a messier story, one of many contradictions

Only one-third of college graduates received an offer letter: Survey

The survey, which took inputs from 1,300 college graduates, said some students are considering freelancing as a possible career path.

Natural gas futures slip 0.92% in afternoon trade

On MCX, natural gas for July delivery touched an intraday high of Rs 130 and an intraday low of Rs 128.10 per mmBtu on MCX.

Silver futures up 0.36% in afternoon trade

In the futures market, silver for September delivery touched an intraday high of Rs 49,300 and a low of Rs 49,064 per kg on the MCX.

Global supply chain to witness shift, low imports from China will benefit: Raymond

It is also looking at long-term funding and alternate working capital availability to manage liquidity as business restarts with gradual easing of lockdown.

HMSI drives in BSVI version of Honda Livo at Rs 69,422

The BSVI version comes with new headlamp, start/stop switch, service due indicator, five step adjustable rear suspension among other features.

IndiGo starts layoffs, also extends leave without pay, and salary cuts

The company is looking to raise salary cuts for pilots under training to around 75 percent, while the same for all line released pilots will be revised upwards to around 45 percent.

Professionals in India now slightly upbeat about income, savings: Survey

Based on responses of 1,351 professionals in India, findings from the survey conducted between June 1-14 reveal that India#39;s workforce is beginning to feel more confident about their personal finances.

India China standoff | China#39;s state-run daily estimates up to 50% drop in trade between countries

China is India’s one of the leading trade partners and constitutes 9 percent of India’s total export and 18 percent of total merchandise imports.

IIT Madras launches online BSc programme

Depending on courses completed, the learner can receive Foundational Certificate from Centre for Continuing Education, IIT Madras, Diploma(s) from IIT-Madras or an IIT-Madras Degree

Ola adds in-app tipping feature for driver partners globally

The feature has been rolled out to all Ola users across India, Australia, New Zealand and the United Kingdom and will benefit Ola#39;s over 2.5 million-global driver community, Ola said in a statement.

Teleport India, House of Masaba to export face masks to South-east Asian market

The tie-up is part of the company#39;s entry into the social e-commerce business and also of the government#39;s Make-in-India initiative, which is aimed at boosting the manufacturing potential of the domestic small and medium entrepreneurs (SMEs), Teleport India said in a release.

Pharma body seeks faster clearances of imported good at ports

Even in the case of medical devices and diagnostics critical devices such as infrared thermometers and pulse oxi meters which are specifically aimed at Covid-19 diagnosis, glucometers and strips are also held up.

Five PSBs could have over Rs 8 lakh crore worth loans under moratorium: Report

However, the amount is not absolute as only SBI has provided the moratorium data for periods before and after the COVID-19 outbreak

Is Safari the ideal ‘right stock at a wrong time’?

Near-term stock performance of Safari might remain subdued and could provide ideal accumulation opportunity for long-term investors.

Green shoots appear in heavy truck segment; mining, road construction activity fuel demand

Trucks used for segments such as e-commerce, petroleum and lubricants industry, agricultural and dairy produce are seeing an uptick

Dilip Buildcon raises Rs 200 crore through NCDs

Dilip Buildcon said it has raised Rs 200 crore through an issue of non-convertible debentures (NCDs) on a private placement basis.

Manual inspection of imports from China leading to delays: Auto parts association

China made up 27 percent or $4.75 billion out of the total $17.6 billion imports done by India

Nickel futures rise on firm demand

On the Multi Commodity Exchange, nickel contracts for June delivery gained Rs 4, or 0.41 per cent, to Rs 968 per kg in a business turnover of 43 lots.

CFO as a navigator-partner to the CEO

When an organisation wins against severe odds, often the CFO and CEO partake of the sunshine equally. Both the winning strategy and its superior execution gain from the CFO’s vision and insights.

Zinc futures down on muted demand

On the Multi Commodity Exchange, zinc for delivery in July was trading lower by 35 paise, or 0.21 per cent, at Rs 164.20 per kg in 1,981 lots.

Amazon India scraps single-use plastic in packaging across centers

The company said in addition to replacing packaging materials such as bubble wraps and air pillows with "paper cushions", it had also swapped out packaging tapes with other bio-degradable options.

Cipla, Boehringer Ingelheim to co-market 3 oral anti-diabetic drugs

The three drugs are Oboravo (Empagliflozin), Oboravo Met (Empagliflozin Metformin) and Tiptengio (Empagliflozin Linagliptin).

Natural gas futures gain nearly 3% in afternoon trade

In the futures market, natural gas for July delivery touched an intraday high of Rs 122 and an intraday low of Rs 119 per mmBtu on the MCX

Amid COVID-19 disruption, companies seek cybersecurity cover: Report

Companies want insurers to provide cover for malware theft, data breach, phishing attacks, identity theft and cyber bullying.

Ideas for Profit | With its decent dividend yield and reasonable valuation is ITC a win for investors?

In such an overheated equity market, if there is any frontline large company offering value at the current price, it is ITC

HMSI commences deliveries of latest version of superbike Africa Twin Adventure Sports

The company#39;s exclusive premium big-bike dealership - the Honda BigWing in Gurugram delivered the first unit of 2020 Africa Twin Adventure Sports, HMSI said in a statement.

Silver futures steady at Rs 48,349 per kg in afternoon trade

In the futures market, silver for July delivery touched an intraday high of Rs 48,633 and a low of Rs 48,250 per kg on the MCX.

Sun Pharma gets nod from Japan govt for plaque psoriasis treatment drug

The wholly-owned subsidiary has received approval from Japan#39;s Ministry of Health, Labour and Welfare for Ilumya (tildrakizumab) for the treatment of plaque psoriasis in adult patients who have an inadequate response to conventional therapies, Sun Pharmaceutical Industries said in filing to BSE.

Surge in equity markets not linked to economic recovery: SBI economists

They also warned that banks will start reporting higher non-performing assets (NPAs) after September, once the six-month moratorium on loan repayment ends.

Wow Momo partners with CCD to sell momos across its outlets

The move will help both companies increase their revenue at a time when the food and beverages industry is struggling due to the novel coronavirus

Explained: Maharashtra cancelling higher education exams could face a legal hurdle, spell trouble for students

Unless the Centre brings out uniform guidelines to cancel final year exams and issue degrees, uncertainty continues for students in Maharashtra.