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Friday, August 14, 2020
Business

Business

Amazon launches online pharmacy in India

US tech giant Amazon launched its first Indian online pharmacy service on Friday (14) as it attempts to grab more of the country’s burgeoning...

ByteDance in talks with India’s Reliance for investment in TikTok: Report

China’s ByteDance is in early talks with India’s Reliance Industries Ltd for an investment in its video-based app TikTok’s business in India, TechCrunch reported, citing sources. The...

Indian airline IndiGo to fight virus woes with $534 million share issue

India’s largest airline IndiGo hopes to raise $534 million by issuing shares to try and boost liquidity after the coronavirus pandemic sparked record losses...

‘Shop Local Week’ starts in the UK to help businesses recover from the pandemic

THE ‘Shop Local Week’ initiative, as part of the UK government’s Enjoy Summer Safely campaign, kickstarted on Monday (10) to help local businesses rebuild...

Uber earnings hit hard as pandemic stalls revenue

UBER has reported a $1.8 billion loss in the recently ended quarter as the Covid-19 pandemic caused its shared-ride business revenue to plunge. Overall revenues...

Tata Motors posts major loss as lockdowns hit sales

India’s Tata Motors on Friday (31) reported a major quarterly loss as coronavirus lockdowns hit sales in domestic and international markets including Europe and...

ADB: Bangladesh’s remittances to decline by 27.8% in 2020 due to pandemic

Under the worst-case scenario of Covid-19 pandemic impact, Bangladesh’s remittances could fall by 27.8% in 2020, as job losses mounted and employers trimmed payrolls,...

Profits at India’s Reliance jump 31 per cent, beating estimates

Indian conglomerate Reliance Industries reported a 31 percent jump in quarterly profits on Thursday, due to a one-time gain from British oil giant BP’s...

Royal Enfield’s Interceptor 650 tops motorcycle sales in UK, Himalayan among top five

INDIAN two-wheeler giant Royal Enfield’s Interceptor 650 has emerged as the best-selling motorcycle in post-lockdown UK. The classic roadster topped sales in the country for...

Hinduja Group firm, Tech Mahindra partnership to provide advanced cyber security solutions

UK-based advanced cyber security provider and Hinduja Group firm CyQureX-UK and Tech Mahindra have entered into a global strategic partnership to offer cyber security...