ITC to acquire spice manufacturer Sunrise Foods; to augment product portfolio, boost FMCG revenue by 7%
ITC Ltd has entered into a share purchase agreement (SPA) to acquire 100 percent of the equity share capital of Sunrise Foods Private Limited
Amazon India to add 50,000 temporary roles for warehousing, delivery network to meet surge in demand for products
E-commerce major Amazon India on Friday said it will add 50,000 'seasonal' or temporary roles to meet the surge in online demand for products, particularly from those most vulnerable to being out in public in the backdrop of the coronavirus pandemic
RBI monetary policy: Central bank extends Rs 15,000-cr credit line to EXIM Bank to help revive sagging foreign trade
The Reserve Bank on Friday announced a Rs 15,000-crore line of credit to the Export-Import Bank of India, to help the sagging foreign trade
E-commerce major, Snapdeal on Monday said that on Day 1 of the expanded operations, the orders at Snapdeal platform grew rapidly and had crossed 2.4 times the average of the previous 15 days by 3 pm on 18th May
Suzuki Motorcycle India Pvt Ltd (SMIPL) on Monday said it has resumed production at its manufacturing facility at Kherki Dhaula, Gurugram
Coronavirus Lockdown: RBI may extend moratorium on repayment of loans for three more months, says report
With the government extending the nationwide lockdown up to 31 May, the Reserve Bank of India (RBI) is likely to extend the moratorium on repayment of loans for three more months, according to an SBI research report
Nirmala Sitharaman on Economic Package: FM announces Rs 1-lakh-crore agri infra fund, new scheme for MFEs in third tranche; key takeaways
In a move to strenghten infrastructure in agriculture, Finance Minister Nirmala Sitharaman announced financing facility of Rs. 1 lakh crore for funding Agriculture Infrastructure Projects at farm-gate and aggregation points
Coronavirus Outbreak: World Bank approves $1 bn loans for India for social protection response program
The World Bank on Friday approved USD 1 billion ''Accelerating India’s COVID-19 Social Protection Response Program'' to support the country''s efforts for providing social assistance to the poor and vulnerable households, severely impacted by the pandemic
Sitharaman announces 'one nation, one ration card' for migrants, loans for street vendors and farmers in 2nd tranche; key takeaways
Union Finance Minister Nirmala Sitharaman listed out details of the second tranche of the Centre's Rs 20-lakh-crore special economic package on Thursday, which included nine measures for migrant workers, street vendors and small farmers, among others.
Govt to boost Made in India products for exports; wants MSMEs to tap market potential in Europe, Latin America, Africa
MSMEs in the new avatar is expected to develop cutting edge export-oriented technology products. The government, sources said, will assist the concerned MSMEs with research and technology up gradation.
Coronavirus Outbreak: Godrej Consumer Products bets big on hygiene products segment; expects it to be 'new core' in next 2-3 years
Godrej Consumer Products performance in India and African markets was impacted during the lockdown, however, in some markets as Indonesia, it has reported growth this quarter despite challenges.
Top UN economic experts have hailed as “impressive” the Rs 20 lakh crore stimulus package, the largest so far among developing countries, announced by India to revive the country's economy, which has been severely hit by the coronavirus-triggered lockdown
Homegrown pharma major Cipla Ltd on Wednesday said it has signed a non-exclusive licensing agreement with Gilead Sciences Inc for manufacturing and distribution of investigational drug remdesivir, a potential therapy for COVID-19
India's Jubilant Life inks licensing agreement with Gilead to manufacture Remdesivir, a potential drug to treat COVID-19
Jubilant Life Sciences Ltd on Tuesday said it has entered into a non-exclusive licensing agreement with Gilead Sciences, Inc that will grant it the right to register, manufacture and sell the latter's investigational drug, remdesivir
Domestic pharma major Hetero on Wednesday said it has entered into a licensing agreement with Gilead Sciences Inc for manufacturing and distribution of remdesivir, a potential therapy for COVID-19
Govt's Rs 20 lakh cr stimulus package: Mantra should be to go local, says Nirmala Sitharaman; stresses on self-reliance
Nirmala Sitharaman tweeted every big branded product was 'local some time'.
Gilead ties up with 5 generic drugmakers in India, Pakistan for COVID-19 drug supply; licensees to set price for product
Gilead’s antiviral drug remdesivir earlier this month received the US Food and Drug Administration’s emergency use authorization to treat COVID-19 patients.
Bus, train passengers optimistic of resuming travel in next three months; priority shifts to safety, hygiene: Survey
Professional or work-related travel takes top priority followed by social travel as opposed to planned holidays. A whopping 71 percent participants indicated a drop in their planned holidays this year.
Coronavirus Outbreak: PSBs sanction loans worth Rs 6 lakh cr in 2 months for MSME, agriculture sectors, says Nirmala Sitharaman
NBFCs have received Rs 1.18 lakh crore from these banks during the period between 1 March and 8 May.
Skoda Auto Volkswagen India on Tuesday said its employees have contributed their one-day salary to combat coronavirus pandemic