industry

Drug firm Zydus Cadila Saturday said it has received approval from the US health regulator to market Albendazole Tablets, used in treating certain tapeworm infections, in the American market.

Gold slides on low demand from jewellers Dec 15 2018 | 48 mins ago

Gold prices declined by Rs 30 to Rs 32,190 per 10 gram at the bullion market in the national capital on weak demand from local jewellers.

CVS defends settlement that allowed Aetna merger as judge assesses Dec 15 2018 | 1 hrs ago

CVS Health Corp (CVS.N) defended on Friday an agreement with the U.S. Justice Department which allowed it to purchase health insurer Aetna for $69 billion, a settlement that a federal judge is still assessing.

Intel, TPG in early talks to sell McAfee to Thoma Bravo: Source Dec 15 2018 | 1 hrs ago

Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp, a source familiar with the matter said on Friday.

Musk hints at Boring Company's first tunnel launch in US Dec 15 2018 | 2 hrs ago

Billionaire Elon Musk on Saturday tweeted a photograph with "The Boring Company" and "December 18" on it, indicating that his infrastructure and tunnel construction firm is set to launch its first tunnel under Los Angeles in the US.

Boeing opens first 737 plant in China amid U.S.-Sino trade war Dec 15 2018 | 2 hrs ago

Boeing Co (BA.N) opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival Airbus (AIR.PA) in one of the world’s top travel markets that has been overshadowed by the U.S-China trade war.

Mergers will kill branches when the need is for branch expansion: AIBEA Dec 15 2018 | 2 hrs ago

At a time when India is largely unbanked or underbanked with low density of banks, merger of banks will result in killing of branches and would divert attention from recovering huge outstanding loans, said a top leader of the All India Bank Employees' Association (AIBEA).

OPPO sets up R&D centre in Hyderabad Dec 15 2018 | 3 hrs ago

Chinese handset maker OPPO said it has set up a research and development (R&D) centre in Hyderabad.

Net interest margins of MFIs to face pressure: KPMG Dec 15 2018 | 3 hrs ago

Net interest margins (NIMs) of micro-finance institutions (MFIs) would be under considerable pressure as competition rises in the sector, a study by KPMG has said.