Business
Temporary Impact on Investment Flow to India Due to Govt Curbs: CEA
According to a Press Note 3 issued by the Department for Promotion of Industry and Internal Trade (DPIIT) in April, a company or an individual from a country that shares land border with India can invest in any sector here only after getting government ap...
ASML Reports Better Third Quarter Sales, China Growth To Continue Despite U.S.
ASML Holding NV, the semiconductor equipment maker, reported on Wednesday better than expected earnings for the third quarter, saying it saw double digit growth in 2021.
Exclusive: FDA Faults Quality Control At Lilly Plant Making Trump-touted COVID Drug
U.S. drug inspectors uncovered serious quality control problems at an Eli Lilly and Co pharmaceutical plant that is ramping up to manufacture one of two promising COVID19 drugs touted by President Trump as “a cure” for the disease, according to government...
T'gana CM Asks Agri Employees To Work With More Coordination
Chief Minister K Chandrashekar Rao said on Tuesday that the employees of Agriculture Department should work with more coordination and dedication in the wake of Telangana's farm sector making "rapid strides", adding that the government was taking various...
Pandemic-driven Loan Recast to Take Gross Non-performing Assets to 11.5% by March: Report
Care Ratings expects 4-5 per cent of the existing loans to be stressed and opt for restructurings through the course of the year. The system-wide GNPAs stood at 8.2 per cent in Q1 of FY21, down from 9.5 per cent in Q1 FY20, thanks to the recoveries and hi...
US Investigates Fire Reports In Chevy Bolt Electric Vehicles
The U.S. government's road safety agency is investigating complaints that the Chevrolet Bolt electric vehicle can catch fire.
JPMorgan's 3Q Results Improve As Bank Sees Few Loan Losses
JPMorgan Chase saw its profits improve marginally in the third quarter, a notable change after the nations largest bank had to set aside billions in the last two quarters to cover losses from the coronavirus pandemic.
Disney Reorg To Further Bolster Company's Focus On Streaming
Disney said Monday that it is reorganizing its business units to focus even more on streaming.
Twilio Buys Segment For $3.2B As Demand For Cloud Tech Booms
Twilio is buying customer data startup Segment in a stock deal valued at about $3.2 billion as demand for cloud technology surges during the pandemic.
Hyundai To Expand Kona EV Recall To North America, Europe Over Battery Fire Risk -Yonhap
Hyundai Motor Co is set to triple the number of recalled Kona electric cars over battery cell fire risks with plans to recall around 51,000 vehicles in North America, Europe, China and other markets, Yonhap news agency reported on Sunday.
Oil Prices Extend Slide As U.S. Producers Restore Output Post-hurricane
Oil prices dropped for a second straight session on Monday as U.S. producers began restoring output after Hurricane Delta weakened, while a strike that had affected production in Norway came to an end.
Tesla Battery Supplier LG Chem Forecasts Record Third-quarter Profit
South Korea's LG Chem Ltd, an electric vehicle (EV) battery supplier for Tesla, said on Monday its thirdquarter operating profit likely jumped to a record high, beating analysts' estimates.
Lessors Oppose Malaysia Airlines Restructuring Plan - Letter
A group of leasing companies has rejected a restructuring plan put forward by Malaysia Airlines, bringing the state carrier closer to a showdown over its future.
India's Massive Digital Footprint Biggest Strength for AI Development, Says Amitabh Kant
India's resolve to successfully leverage AI to solve various developmental challenges will not just transform the lives of 1.4 billion population here, but, in fact, also holds out a promise for billions of people across the world, who are moving from pov...
Twitter Tightens Misinfo Limits Ahead Of Nov. 3 US Election
Twitter is imposing tough new rules that restrict candidates from declaring premature victory and tighten its measures against spreading misinformation, calling for political violence and spreading thoughtless commentary in the days leading up to and foll...
S&P 500, Dow Track Second Straight Weekly Gain On Stimulus Optimism
Wall Street's main indexes opened higher on Friday, setting up the S&P 500 and the Dow for their second straight weekly gain on hopes of more federal fiscal aid and growing expectations of a Democratic victory in next month's presidential election.