Business

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading up 0.21 per cent at 90.01.

ONGC was the top laggard in the Sensex pack, shedding around 3 per cent, followed by IndusInd Bank, HDFC twins, Bajaj Finance and Kotak Bank.

The coronavirus pandemic has hammered Coke's business, as sales at places like stadiums and movie theaters dried up due to lockdowns.

The company, Sahajanand Medical Technologies (SMT), which is headquartered in Gujarat, is setting up Asia’s largest stent manufacturing facility with an overall investment of Rs 250 crore

Participating in a session `Telangana 2.0: Success Stories and Beyond Covid' as part of the CII Partnership Summit 2020, he said the many suggested that opening up the work areas was fraught with risk

The Pega Hyderabad campus underwent three levels of audit for a year and was assessed on environment, olfactory, thermal, acoustics and ergonomic comforts along with occupant satisfaction.

With the start of this new facility at Hyderabad, HFCL together with its subsidiary company HTL Limited, has become the largest manufacturer of FTTH cables in India with a capacity of 6 lakh km per annum.

Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra also said that they are working to further reduce compliance burden for industry.

The project is being implemented by India Smart Grid Forum (ISGF) along with blockchain technology partner Power Ledger, Australia, and Abjayon Inc who supported the integration of blockchain platform with UPPCL’s billing system.

The report highlighted that Byju's raised the most capital in the last five years at $2.32 billion (latest valuation at $12 billion), followed by Unacademy at $354 million (valuation at $2 billion).

IDC said it expects the smartphone market to see a single-digit decline in final consumer sell out in 2020 on a full year basis.

"As far as exports are concerned, some sectors have done wonderfully well. Even during the slowdown, agriculture exports and pharmaceutical exports went up," he said at an event organised by industry body PHDCCI.

The company and Marcopolo S.A. have entered into a share purchase agreement where the company will purchase the balance 49 per cent shareholding in Tata Marcopolo Motors Ltd (TMML) for a cash consideration of Rs 99.96 crore, the company added.

The miner has asked power plants in the coastal areas to submit proposals for a gradual increase of its supplies to these units to reduce foreign exchange outgo, the Coal India official said.

IFC, a member of the World Bank Group, is providing a senior loan of up to $30 million to BioE to support the Hyderabad-based company's expansion of its range of low-priced, generic vaccines for routine immunisation of children, it added.

Over 15 companies on ChitFunds 2.0 Platform are already taking benefits of the ChitInsure since its beta launch in September.

A saline wash with the moisturising benefit of natural glycerin, the product is recommended for daily usage, the company said in a statement.

Individually, Franklin India Ultra Short Bond Fund, Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund and Franklin India Credit Risk Fund have 49 per cent, 48 per cent, 34 per cent and 16 per cent of their respective AUM in cash.

The funds from the Series A round, which also saw participation from India Quotient, will be used in further product development and to drive customer acquisition, a statement said.

The decade-long JEDI cloud contract meant for modernisation of the US armed forces was awarded to Microsoft in October 2019.

The lawsuit filed on Wednesday in the US District Court for the Eastern District of Texas alleges that Google entered into an anticompetitive agreement with Facebook to boost its online advertising business.

"Engaged a consultant to guide the allottees to navigate through the processes," Coal Ministry's additional secretary M Nagaraju said at an event organised by mjunction.

The company also unveiled announced two new additions to its Intel Optane Solid State Drive (SSD) Series which feature performance and mainstream productivity for gaming and content creation.

Speaking at Assocham Foundation Day Week 2020, the Minister said, "On the investments front, we have envisaged a spend of $60 billion in creating gas infrastructure till 2024, including for pipelines, LNG terminals and CGD (city gas distribution) networks.