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Health care can be the next IT sector: Kiran Mazumdar-Shaw

India, June 3 -- Top industry captains are batting for livelihoods, as India readies to open up its economy. To save jobs, India needs to press the accelerator on policy and regulatory reforms, Kiran ... Read More


Citing Covid disruptions, Moody's cuts ratings of SBI, HDFC Bank

India, June 3 -- Moody's Investors Service on Tuesday downgraded the ratings of state-run State Bank of India and India's largest private lender HDFC Bank Ltd, a day after it cut the country's soverei... Read More


Foreign banks may offload India loans

India, June 3 -- A clutch of foreign lenders, with large exposure to Indian corporates, may be forced to sell their loans after Moody's downgraded India's sovereign ratings to the lowest investment gr... Read More


Kotak sells Rs 6.9K-crore in Mahindra Bank shares to meet RBI rules

India, June 3 -- Uday Kotak on Tuesday sold 56 million shares in Kotak Mahindra Bank Ltd for at least Rs.6,913.75 crore through a block deal to reduce his stake in the bank to 26.1%, close to the prom... Read More


We will get our growth back, PM Modi tells India Inc

India, June 3 -- Prime Minister Narendra Modi on Tuesday voiced confidence in the economy's ability to return to a path of rapid growth, listing it among his government's top priorities and pledging i... Read More


Covid-19: What we still don't know

India, June 3 -- It's the end of one quarter of the coronavirus disease (Covid-19) pandemic in India. Sure, the first cases in India, three people from Kerala who returned from Wuhan, China, the birth... Read More


Covid cases cross 200,000; rural clusters new challenge

New Delhi, June 3 -- The number of coronavirus disease (Covid-19) cases in India surpassed 200,000 on Tuesday, nearly doubling over 15 days, even as a considerable reopening of national transport and ... Read More


Uncertainty dogs commuters but Delhi's borders stay open for now

India, June 3 -- Traffic moved smoothly at some of the 29 border points in Delhi while intermittent checking was conducted at some others on Tuesday, a day after the Delhi government put stringent cur... Read More


DCGI nod for emergency use of remdesivir

India, June 3 -- Drug Controller General of India VG Somani has approved the use of Gilead Sciences Inc's novel drug remdesivir to treat covid-19 patients, Lav Aggarwal, joint secretary in the health ... Read More


Two held for man's abduction, murder in UP's Pratapgarh

India, June 3 -- Pratapgarh police have arrested two people in connection with the alleged abduction of a 25-year-old man who was then set on fire after being tied to a tree in Bhujauli village late o... Read More