Mital was appointed to the top post in Railways Ministry in place of Arunendra Kumar, who had superannuated on December 31, 2014

Her predecessor Atulesh Jindal, who was appointed CBDT chief in February this year, retired on Sunday

Sahoo, a financial markets expert, was appointed as IBBI Chairperson for a period of five years last month

Rita Bahuguna Joshi, joined BJP last Thursday, after spending 24 years in the older party

It is interesting that Nanda tried his hands over multiple businesses but in his lifetime realised the need to focus on the core, which is, tractor beside construction and railway equipment

Most launched hand sanitisers initially, but are expanding their portfolio by entering newer categories such as floor and surface cleaners, disinfectant sprays and immunity building products.

Consumer goods companies have started selling products directly to consumers.

Market research firm Nielsen revised its outlook for the growth of the FMCG segment, downgrading it from 9-10% to 5-6% for this year as a consequence of Covid-19 outbreak.

"There are two big trends emerging. One is the relevance of the humble grocer and people have realised that they are so close to you… proximity, and (that’s) such a big benefit. The second would be on ecommerce. With people becoming more averse to stepping out, they would like to place the order from home and receive it at home. "

The lockdown has seen people exhausting their stock of liquor, cigarettes and other sin goods.

Fast-moving consumer goods major ITC Ltd has ramped up personal care production to meet the demand for sanitisers.

Over the past few weeks, chief executives of Unilever, Mondelez, Hershey's Procter & Gamble, Coca-Cola and Kimberly Clark have said India’s Covid-19 lockdown protocols had led to severe supply chain disruptions and labour shortages, hurting business in the key market.

The maker of Lux soap and Lipton tea, which employs about 21,000 people and reported a 7% decline in volumes for the March quarter, said it is revisiting any further increases planned for the rest of the year.

More than 250 containers, each with 20 tonne of electronic goods, gadgets, mobile phones and accessories were stuck at various places including ports, wholesalers said.

Indian spice oleoresins, widely used for natural colours and flavours in the food products, currently dominate the world market with over Rs 2,000 crore export. A few companies based in Kerala account for a major share of the world spice oleoresin market.

The workforce problems at two ITC food plants - one in Pune in the western state of Maharashtra and another in the southern state of Karnataka - show how labour issues weigh on Indian firms after a nationwide coronavirus lockdown forced thousands of workers to go back to their villages.

The maker of Dettol and Lizol disinfectant reported best ever global sales growth for the March 2020 quarter as customers stocked up on hygiene products amidst the COVID-19 pandemic, with like for like growth up 13%, higher market share and strong growth in e-commerce.

Top officials close to the development told ET that HUL will train a large set of advisors and beauty consultants, numbering about 1,500, to become entrepreneurs so that they can set up their own businesses.

In view of the fresh guidelines issued by the Ministry of Home Affairs on May 1 and after evaluating the ground situation, the company has resumed production at all manufacturing locations, Dabur India said in a regulatory filing.

GlaxoSmithKline is selling $3.45 billion worth of shares in Unilever's Indian business on the open market, one of the bookrunners organising the transaction said. The 5.7% stake in Hindustan Unilever, now put on the market, was accepted by GSK as payment for the sale of malted drink brand Horlicks and other nutrition brands to Unilever, agreed in late 2018.

By the time he appeared in the film, Snakehips Tucker was already a name attraction in Harlem nightclubs like the Cotton Club and Connie's Inn

Several major upgrades to predecessor Galaxy S10 Plus but the same price tag of Rs 73,999 make the Galaxy 20 Plus a worthy premium smartphone

"It is heartening to note that many PMBJKs are using modern communication tools including social media platforms like Whatsapp to provide better services in effecting faster delivery of essential medicines to the needy," Minister of Chemicals and Fertilizers DV Sadananda Gowda said.

Four global funds have submitted non-binding bids of ₹4,800-5,000 crore valuation. Final bids are likely to be in by June-end. The company had hired investment bank Avendus to find a buyer for the promoter’s stake.

The Indian government in March put a hold on exports of several drugs including paracetamol to secure supplies for its people after the coronavirus outbreak disrupted the industry's supply chain globally. COVID-19 is the respiratory disease caused by the novel coronavirus.

Recent clinical trial results and the decision by the US Food and Drug Administration to issue 'Emergency Use Authorisation' for remdesivir have highlighted the urgency of this work and the importance of planning for access to remdesivir globally, Gilead said.

While frantic efforts are underway to develop a vaccine and doctors all over try and control the spread of the disease for which there is yet no cure, hydroxychloroquine, or HCQ, has emerged as a prime focus area of treatment.

Multinational companies looking to move out of China should consider Assam, with its abundant natural resources, strategic location and robust industrial infrastructure, as their destination for setting up production facilities in India, state Industries Minister Chandra Mohan Patowary said on Wednesday.

Singapore's Temasek holds a 9.4% stake in the widely held company, while Indgrowth Capital owns 1.2%. Public shareholding is 76.1%, as per latest regulatory disclosures.

ICMR has identified over a dozen other drugs, including remdesivir, mycobacterium W, disulfiram and resveratrol, which could be used for treating Covid-19. Some of these drugs are undergoing clinical trials in India, sources said.

CSIR's Institute of Genomics and Integrative Biology (IGIB), Delhi, Centre for Cellular and Molecular Biology (CCMB), Hyderabad and Institute of Microbial Technology, Chandigarh are currently sequencing the genomes of the novel coronavirus, he said. Other CSIR institutes are also expected to join the process.

The Medicines Patent Pool is a United Nations-backed public health organisation that helps middle- and low-income countries get access to critical drugs. MPP executive director Charles Gore told ET’s Divya Rajagopal about the organisation’s plan to ensure equitable access of Covid-19 drugs and vaccines.

All of that could add up to market wins if remdesivir lives up to expectations and Gilead can ramp up to sufficiently respond to Covid-driven demand. But if it can’t, Gilead could be “very vulnerable” to the federal government using its powers to compel the licensure of remdesivir patents, Roth said.

The US Food and Drug Administration (USFDA) had issued a warning letter to the facility in November, 2015, after inspecting it in 2014.

​​Though the exports started doing well in 2019-20 and it has been a good year for the first three quarters with cumulative growth rate of 11.5 per cent during April-December 2019, the growth rate in February and March has gone down recording 7.7 per cent and -23.24 per cent respectively, resulting in the negative growth of - 2.97 per cent in the fourth quarter.

"Our aim is to make a preferred choice of therapy like Obynx available and more accessible to people suffering from cancer. Bridging these unmet gaps comes from our patient-first approach," Zydus Cadila MD Sharvil Patel told .

With China having largely curbed its growth of new infections, its drugmakers will need to seek international cooperation to test their vaccine candidates in other countries — a task that may be complicated by tensions between China and some nations, especially the US, over how and where the virus originated.

Reserve Bank of India is likely to issue the licence for either Small or Payments Banks by August

However, this was the sixth successive year of net inflows in equity mutual funds, according to data by the Association of Mutual Funds in India (AMFI).

The leak was brought under control after being discovered by a maintenance worker on the night shift at the LG Polymers plant, outside the east coast city of Visakhapatnam, in India`s southern Andhra Pradesh state, according to a company spokesman.

Shares of the company were trading at Rs 517.80, marginally lower than the previous close on BSE.

The company has also started sales of mobile phones through Amazon, Flipkart and retail stores in permitted areas.

Here are the major stocks in focus on May 08, 2020

Top gainers in the Sensex pack were IndusInd Bank, HUL, RIL, Axis Bank, Kotak Bank, ICICI Bank, Tata Steel, Bajaj Finance, TCS, Nestle, SBI, and Infosys, rising upto 4.33 percent.

Tesla Inc Chief Executive Elon Musk said in a podcast interview released on Thursday that the company`s planned Roadster sports car would take a backseat to the development of other vehicle models.

LIC's New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features.

The power stations of the NLC integrated mining-cum-power generating company are located at Neyveli in Cuddalore.

The company will also put in place a leave without pay program for the months of May, June and July

Generic Aadhaar supplies quality generic drugs from reputed manufacturers at up to 80 per cent lesser cost and other medicines 20-30 per cent cheaper.

The BMW 8 Series Gran Coupe is powered by a 3-litre, 6-cylinder in-line BSVI petrol engine. This is the most luxurious sports coupe ever built by BMW, the company said in a statement