Thomson forays into 4K bezel-less Android smart television segment

The televisions come in 43-inch, 55-inch and 65-inch options and will be sold exclusively on Flipkart from June 5 onwards; prices start at Rs 24,999.

Direct listing of Indian companies on foreign exchange may take more time to implement

For one, the government will have to amend Section 23 of the Companies Act, 2013, and various approvals from the regulator and ministries are pending.

Here#39;s why DHL Express#39; India MD has a more optimistic view of Indian economy than most economists

RS Subramanian, in an interview with Moneycontrol, shares what he sees from his vantage point, thanks to DHL Express India#39;s client base of over 60,000 customers across all major sectors

Raymond appoints Amit Agarwal as Chief Financial Officer

Agarwal, who was the CEO of Jindal Coated Steel Products Ltd prior to joining Raymond, assumed the new role with effect from July 2, the company said in a regulatory filing.

TikTok#39;s parent company may lose $6 billion following India#39;s ban on Chinese apps: Report

China#39;s ByteDance owns three of the apps - TikTok, Helo and Vigo Video - on the list of 59 banned apps released by the Indian government on June 29.

Centre’s railways reforms continue unabated

The BJP-led central government is focusing on the 360-degree development of the Indian Railways — inviting greater private participation in running trains is one of the many steps towards modernising this lifeline for millions of Indians

Control Print: Covid-19 a disruption or derailment?

Given the healthy future prospects and the attractive valuation, long-term investor may consider building position in Control Print gradually.

Board of Muthoot Finance to consider stock split on July 18

In a regulatory filing the company said its a meeting of the board is scheduled to be held on July 18, to consider and approve the proposal for sub-division/stock split of equity shares of the company, subject to shareholders approval.

Intel-Jio deal: Everything you need to know about Intel

RIL has now raised a combined Rs 117,588.45 crore from some of the world’s leading tech investors

Intel-Jio deal: 5 key things to know

Intel is now a strategic investor in Jio Platforms.

Intel-Jio deal: US semiconductor giant to invest Rs 1,894.5 crore in RIL unit

Intel becomes second strategic investor in Jio Platforms after Facebook. Reliance Industries digital unit has now raised a total Rs 117,588.45 crore from some of the world’s leading tech investors in exchange for 25.09 percent.

COVID-19 vaccine by Ahmedabad-based Zydus Cadila gets DCGI nod for human clinical trials

The approval process was fast-tracked following recommendation by the subject expert committee on COVID-19, considering the emergency and unmet medical need during the pandemic.

Zinc futures rise on spot demand

On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by 85 paise, or 0.52 percent, at Rs 165.10 per kg with a business turnover of 2,052 lots.

Coal India trade unions begin 3-day strike; around 4 MT of coal output likely to be hit

On an average Coal India produces 1.3 million tonnes (MT) of coal every day, so it is estimated that the production loss due to the three-days strike would be around 4 MT, Nathulal Pandey, president of HMS-affiliated Hind Khadan Mazdoor Federation said.

Independent regulator will ensure level playing field when private companies run trains: Vinayak Chatterjee

Regulator needed to ensure level playing field between Indian Railways and private players, said Chairman of Feedback Infra Group

COVID-19 fight | IndiGo to give 25% discount on airfare to doctors and nurses

"The nurses and doctors will be required to provide valid hospital IDs at the time of check-in as a proof of their identity," the airline said.

Independent regulator will ensure level playing field as private companies run trains: Vinayak Chatterjee

Regulator needed to ensure level playing field between Indian Railways and private players, said Chairman of Feedback Infra Group

Amendments to bank resolution framework to help preserve depositor confidence: Moody#39;s

On June 26 the government amended the Banking Regulation Act, 1948, allowing the Reserve Bank of India (RBI) to initiate the resolution of a weak bank by reconstructing its capital or merging it with another bank without the prior requirement of imposing a moratorium on its depositors or creditors.

NBFIs to face liquidity, asset quality risks in near term: Fitch Ratings

Fitch said cash flow implications of the moratorium, which the RBI has extended to end-August, have not been uniform across the industry, affecting liquidity profiles of some NBFIs more materially and placing pressure on their ability to repay or refinance upcoming obligations.

Apple supplier Foxconn, others hit as India holds up imports from China: Sources

Customs officers at Indian ports have held back shipments from China and sought additional clearances after deadly clashes at the disputed Himalayan border last month. The checks have been imposed without any formal order.

Facebook ad boycott: Top-100 advertisers still on board

Even as a steady drumbeat of household names joined the pressure campaign over the social network#39;s handling of hate speech and misinformation, the vast majority of Facebook#39;s biggest advertisers have stayed quiet

Parth Jindal says JSW Group will bring down imports from China to zero

Parth Jindal said imports from China, at $400 million annually for the JSW Group currently, will be brought down to zero in two years

SpiceJet says it has operated 200 charter flights repatriating around 30,000 Indians till now

In a press release, the airline said it has operated 111 charter flights from the UAE bringing back 20,000 Indians.

Delhi directs private labs, diagnostic centres to conduct antibody tests: Report

Corporates, agencies and organisations planning to re-open business will now be allowed to engage private labs to conduct antibody tests to check if any staff have developed immunity to SARS-CoV-2

In CBI’s case against GVK: Bogus work contract, inflated expenses, fund diversion and hotel stays

The FIR accuses GVK group, chairman GVK Reddy and others of siphoning off Rs 705 crore from Mumbai airport.rnrn 

Chinese apps banned | Apple, Google remove several apps from their mobile app stores

Video-sharing app TikTok was among the first Chinese apps to get delisted from the App Store and Google Play Store.

Leading Brexiteers call for ‘special relationship’ with India, warn against trade ties with ‘malignant’ China

In a report, the pro-Brexit think tank urged the British government to diversify Britain’s trade away from a stagnating Eurozone and a Chinese economy controlled by an increasingly belligerent government and instead forge a ‘special relationship’ with India.

Bajaj Auto reports 31% drop in June sales

Domestic sales declined by 34 percent at 1,51,189 units last month as compared to 2,29,225 units in June 2019, Bajaj Auto said in a regulatory filing.

SBI#39;s new ATM withdrawal rules: Check out all the details

In the last three months, SBI waived service charges for all ATM transactions made on SBI ATMs, as well as other bank ATMs, on exceeding free number of transactions.

Ford, Mahindra to expand tie-up to muster up a rival to Hyundai#39;s Creta

Mahindra will look to plug a gap in its portfolio with this model built on Ford platform.

RBI pushes banks to upgrade ATM security norms: Report

The central bank, which expected the upgrades to be done in a phased manner, is asking banks for updates on the progress.

UPI transactions touch Rs 2.62 lakh crore in June

The number of transactions was recorded at 999 million worth Rs 1.51 lakh crore in April, the first full month after the announcement of the lockdown that halted almost all services, except essentials.

CBI case against GVK Group chairman, son for siphoning off Rs 705 crore from Mumbai airport

The CBI has registered a case against GVK Group chairman GVK Reddy and his son GV Sanjay Reddy.

CBI registers case against GVK Group Chairman GVK Reddy

The CBI has registered a case against GVK Group chairman GVK Reddy and his son GV Sanjay Reddy.

Reliance Jio requested to augment data connectivity at 10,000-bed COVID care centre

The centre is being set up by the Delhi government for treating mild and asymptomatic coronavirus patients.

Meeting with Tata Steel management inconclusive; strike at Dutch plant to continue: Labour union

The Dutch operations of the India-headquartered Tata Steel have been facing continuous protests and demonstrations for about three week.

Should investors be concerned about the feud among Hinduja Brothers?

The feud between the four brothers stems from a letter they signed in 2014 which penned the long-followed family ideology - Everything belongs to everyone and nothing belongs to anyone

Suzlon completes debt restructuring process

The company said the term debt is reduced substantially with interest of 9 percent per annum repayable over 10 years starting July 1, 2020.

Aakash Educational Services sets up subsidiary for digital business

In October 2019, private equity firm Blackstone had bought stake in AESL to build an omni-channel education company.

Majority of hotel operators expect up to 2 years for revenue recovery: JLL

The COVID-19 pandemic has brought the world to a standstill, with the hospitality, travel and tourism sector being the most affected due to travel restrictions across the world and within India, it noted.

SAIL rolls out R 260 grade rails for Indian Railways from Bhilai steel plant

The first consignment of R 260 has also been sent out through rake on June 30 from the company#39;s Bhilai steel plant (BSP) in Chhattisgarh, Steel Authority of India Ltd (SAIL) said in a statement.

Toyota Kirloskar domestic sales drops 63% in June to 3,866 units

The company did not export units last month while it had dispatched 804 Etios units in in June 2019.

Maruti Suzuki reports 54% dip in June sales at 57,428 units

Domestic sales declined by 53.7 percent to 53,139 units last month, as against 1,14,861 units in June 2019, it added.

Fujifilm to partner with Dr Reddy#39;s to sell Avigan overseas as COVID-19 treatment

The agreement provides for Fujifilm Toyama Chemical, a unit of the Japanese company to grant Dr. Reddy#39;s and Dubai-based Global Response Aid the right to develop, make and sell Avigan overseas and get a lump-sum license fee and royalties on sales.

Coronavirus impact: Kota coaching centres feel the pinch as students stay home

Kota-based test preparation institutes are facing empty classrooms as students are reluctant to return to physical classes amidst COVID-19 concerns.

NTPC Kameng project#39;s 2nd 150 MW unit commercially operational

The remaining third unit of 150 MW of this plant is expected to be commercially operational within this fiscal year. Total capacity of the plant is 450 MW (150MWX3).

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.