Monday 17 August 2020

latest news today

Rapid Action Force (RAF) personnel carry out a flag march in the riot-hit area after a mob went on a rampage over a social media post, in Bengaluru. (ANI Photo)
Bengaluru riots: State govt seeks high court's intervention to recover losses

NFRA had started its examination in February 2019 following the collapse of Infrastructure Leasing and Financial Services (IL&FS) in October 2018. (Mint)
NFRA finds deficiencies in BSR's audit of IFIN

(Photo: Mint)
Britannia declares interim dividend of ₹83 per share, approves issue of NCD

A medic prepares to conduct covid-19 testing at a government hospital, in Bengaluru, (PTI)
'Not using billboards to create covid related awareness a lost chance'

A worker drives a forklift past sacks of polyester-making chemicals (REUTERS)
Ester Filmtech to set up ₹1,350 cr manufacturing plant in Telangana


A general view of Glenmark Pharmaceuticals head office in Mumbai on Tuesday. (ANI)
Glenmark appoints Dipankar Bhattacharjee to its Board of Directors

Arrays of photovoltaic solar panels. (REUTERS)
IHCL joins hands with Tata Power for supply of solar energy to Mumbai hotels

The logo of Sanofi is seen at the company's headquarters in Paris, France. (REUTERS)
Sanofi to buy US autoimmune drugmaker in $3.4 billion deal

FILE PHOTO: Tesla Inc CEO Elon Musk (REUTERS)
Elon Musk vs Wikipedia: Tesla CEO wants people to vandalise his Wiki page

A SpiceJet Ltd. aircraft stands at Terminal 3 of Indira Gandhi International Airport in New Delhi. (Bloomberg)
SpiceJet to induct its first Airbus A340 cargo aircraft in freighters fleet


The company, which manufactures bulk drugs and chemicals, however did not divulge further details.
Aarti Drugs board to consider issue of bonus shares

FILE PHOTO: A Google logo is shown at one of the company's office complexes in Irvine, California, United States, (REUTERS)
Google warns Australia: Don't make it pay for news or lose free search services

Photo: Reuters
Sanofi to buy US firm Principia Biopharma for $3.7 bn

Reliance, led by Asia's richest man, Mukesh Ambani, launched an online grocery service JioMart in May. (Reuters)
Reliance Industries may buy Urban Ladder, Milkbasket: Report

India’s import of arms decreased by 24% between 2009-13 and 2014-18 (PTI)
India ban on $47 billion arms imports sows uncertainty

PI Industries had reported a strong 43% jump in net profit in Q1
CFO of PI Industries steps down, citing 'personal reasons

Vedanta chairman Anil Agarwal. Photo: Mint
Vedanta markets dollar bond to investors

HDFC Bank faces lawsuit from US-based law firms

Citigroup transfers $900 million in 'clerical error'. Yet to get the money back

E-pharmacies such as Medlife are online platforms where consumers can buy medicines.
Amazon, Reliance set to clash on e-pharmacies


The choice of sponsor will not be based solely on the highest bid submitted but would depend on the impact that the winning company will have on the league’s brand value.
Tata Sons leads title sponsorship race for IPL 2020

Media reports noted that Tata Steel sought up to £500 mn aid.
Tata to seek funding options as UK bailout for steel, auto biz fails

India in June banned 59 Chinese apps, including ByteDance Ltd.’s TikTok
Netflix’s rival Zee5 creates another TikTok competitor HiPi

FILE PHOTO: An Amazon worker delivers packages amid the coronavirus disease (COVID-19) outbreak. (REUTERS)
Amazon probed by German antitrust body over prices

Government’s move is aimed at expanding the sale of eco-friendly vehicles by reducing the upfront cost of an EV, and to encourage the battery-swapping model. (Mint)
Govt order on EV sale sans batteries faces criticism

Ather Energy chief executive Tarun Mehta.
Ather Energy explores ownership models to attract new users


Any recovery would cheer up lenders expecting a prolonged bad loan accretion following the end of a repayment moratorium.
Bankrupt Daewoo Motors India’s land sale raises recovery hope for banks


The company was also ready with in-house 
developed new light commercial vehicle range but the launch was deferred due to the virus outbreak
Ashok Leyland examining biz, operating models, says Dheeraj G Hinduja


SpiceJet will be operating scheduled flights between Dubai and 5 Indian cities.
SpiceJet flights between Dubai and 5 Indian cities to start from tomorrow


Nvidia chief executive Jensen Huang (Reuters)
Gaming giant Nvidia may acquire mobile chip giant ARM soon


FILE PHOTO: An executive prepares to take the stage during the annual Temasek Review (REUTERS)
Singapore govt firm calls out racist Facebook posts targeting Indian employees



For the full year FY20, Tata Steel’s net profit crashed 75% to ₹2,336.69 crore from ₹9,187.29 crore in FY19.bloomberg (MINT_PRINT)
UK’s bailout talks with Tata Steel, JLR fall through: Report


The ED has registered a case against the GVK Group and Mumbai International Airport Ltd (MIAL) for money laundering to the tune ₹705 crore in running Mumbai airport.
Price Waterhouse quits as GVK Infra’s auditor citing lack of information

Infosys campus at the Electronics City IT district in Bangalore (REUTERS)
Infosys fines independent director for 'inadvertent trade' by spouse's portfolio


Tata Sons eyes IPL title sponsorship

TikTok has become one of the world’s most popular apps. (REUTERS)
Trump orders ByteDance to divest interest in US TikTok unit within 90 days


Biz families set to replicate Ambani succession plan

SpaceX founder and chief engineer Elon Musk. (Reuters)
SpaceX is said to increase latest funding round to $2 billion


Amazon and Apple have acknowledged that counterfeit goods can be sold on their platforms, but say they invest in tools to identify fake listings and support law enforcement. (REUTERS)
Retailers launch lobbying group to fight counterfeit goods on Amazon


The headquarters of Alibaba Group in Hangzhou in China’s Zhejiang province. Alibaba saw its revenue grow 56% year-on-year in fourth quarter of 2017. File photo: Reuters
Alibaba, Xiaomi to join Hong Kong's Hang Seng Index