The deal, as well as some other strategic and financial investments in works, will help Ambani cut debt at RIL.

The commerce ministry has recommended the continuation of anti-dumping duty on a Chinese chemical used in food and pharma industry with a view to guard domestic players from cheap imports. In a notification, the ministry's investigation arm, the Directorate General of Trade Remedies (DGTR), has said there is a "positive" evidence of likelihood of dumping of Sodium Citrate and injury to the domestic industry if the existing anti-dumping duty were to be removed.

Temperature screening will be done by CISF with automated thermal cameras at all terminal entry points with provision of social distancing markers. Automatic hand sanitizer dispensers at terminal entry points have also been placed, sources said.

Companies across the sector are restructuring payrolls of crew, cutting allowances, and extending leave without pay duration as they realise they will have more aircraft and employees compared to customers.

Reliance Industries on Friday announced the sale of 2.32 per cent stake in its digital unit to US-based Vista Equity Partners for Rs 11,367 crore, the third deal in a little over two weeks that will inject a combined Rs 60,596.37 crore in the oil-to-telecom conglomerate to help it pare debt. The US-based private equity firm will buy a stake in Jio Platforms, which houses the country's youngest but biggest telecom firm Jio, at an equity value of Rs 4.91 crore and an enterprise value of Rs 5.16 crore.

Netflix’s Extraction starring Chris Hemsworth may not have extracted the best reviews but is no less than any Hollywood big-screen spectacle with its Hindi, Tamil and Telugu versions.Amazon Prime Video had released Oscar-winning south Korean black comedy Parasite dubbed in Hindi and also has an entire catalogue of films that it has localized itself for Indian audiences

Nielsen says in the first quarter of 2020, share of modern trade stores in metro cities rises to 24.7% from 22.3% a year ago

Work-from-home jobs doubled in the third week of April versus the first week of March, said a market analyst.The new normal of WFH has also led to a need for reskilling especially in digital skills, according to staffing firms

Punjab National Bank also requests RBI to permit one-time restructuring of loans till March 31, 2021 on a case to case basis

At the moment, there is no clear policy that governs home delivery of alcohol as it is a state subject.Home delivery of liquor is a key step in easing overcrowding and ensuring social distancing during the pandemic, say experts

A well-known philanthropist was tested positive for the COVID-19, days after meeting the Pakistan prime minister.