business and finance

Lockdown impact: Fuel demand in India plunged to historic lows in April

In its latest report, the International Energy Agency has said India's annual fuel consumption will decline 5.6 per cent in 2020




business and finance

Covid-19 hinterland digest: Kanpur means business, Jaipur crime rate drops

Only half of the transport office will be allowed to open with 33 per cent of the staff




business and finance

Former Chhattisgarh CM Ajit Jogi hospitalised after cardiac arrest

Citing the information provided by family members of Ajit Jogi, the hospital said he fell unconscious at his residence here in the morning




business and finance

I am healthy, not suffering from any disease: Amit Shah issues statement

"I am totally healthy and I am not suffering from any disease," he said in the statement in Hindi which was posted on his Twitter handle




business and finance

With no fresh content, broadcasters rely on old classics, web shows to entertain viewers

Confined to her home during the lockdown, Gwalior-based 37-year old Mansha Kasture is reliving childhood memories with her 8 year-old daughter, Mishika, watching Ramanand Sagar’s epic 'Ramayana' on DD National.




business and finance

Entertainment industry opens wallet for daily wage earners

Zee Entertainment Enterprises (ZEE) has offered financial help to over 5,000 daily wage earners, working directly or indirectly in company’s various productions. The company will also match the voluntary contributions made by the employees to the PM Cares fund through an internal portal.




business and finance

Picture abhi bahut costly hai, mere dost! Woes of entertainment industry worsen with lockdown

In the past two months, the industry has lost about Rs 2,000 crore as stay-at-home orders and social distancing norms kept moviegoers away. Looking at historical evidence on how people flocked to cinema halls after World War II, or after a 45-day strike in India in 2009, multiplex players are hopeful of a repeat this time if safety can be assured.




business and finance

TRAI recommends making set top boxes interoperability mandatory

Presently the STBs deployed in the Cable TV networks are non-interoperable - the same STB cannot be used interchangeably across the different service providers.




business and finance

Highest viewership for PM Modi’s TV address to the nation on lockdown-2

Data suggests average daily reach has now stabilised at 627 million. The highlight of the week was an all-time high viewership of 4 billion impressions by the Hindi GEC genre in the Hindi speaking market, urban region.




business and finance

Eros International, Hollywood's STX Entertainment to merge, create global content firm

The deal, which comes at a time the entire movie production sector is shut in major global markets due to the COVID-19 pandemic, will see STX merging into the NYSE-listed Eros International and creating an enterprise with a USD 1 billion valuation, Pradeep Dwivedi, the chief executive for Eros International Media, told.




business and finance

Covid-19 lockdown: English TV unlocks all the entertainment

English movies registered a 91% increase in viewership for the week ended April 10 from the pre-lockdown period, while for English general entertainment channels, the figure was 41%, according to BARC India data sourced from subscribers.




business and finance

Eros bets on Hollywood, China and digital content with STX Entertainment merger

"Given the way the industry is impacted by the Covid-19 outbreak, we believe this business will not be the same. I don’t think that there is any growth in the theatrical business as social distancing will be the new normal for another 18 months," said Kishore Lulla, chairman of Eros International




business and finance

Delhi's once-favourite Priya Cinema under Information Commission's lens

Among New Delhi's most popular places in the nineties, Priya Cinema in Vasant Vihar has come under the scanner of the Central Information Commission.




business and finance

After 'Ramayan' and 'Mahabharat', DD to re-telecast 'Shri Krishna'

The show joins other popular epics such as "Ramayan" and "Mahabharat" to be re-run amid the nationwide lockdown due to the coronavirus pandemic. "Coming soon: 'Shri Krishna'," the post on DD National channel's official handle read.




business and finance

A dry summer for big ad spenders leaves TV thirsty for more

Unable to attract big advertisers despite record viewership during the nationwide lockdown, the broadcasters are now starting to face major heat with summer-skewed advertisers closing tabs on marketing spends after their sales crashed due to the stay-at-home orders.




business and finance

For stand-up comedians, bad days will likely continue even after lifting of lockdown

What is even more worrying is uncertainty. Even when the lockdown is lifted, social-distancing measures will remain the norm and that will mean no live events for a some more time, say comedy circuit insiders. They expect the dry spell to continue for the next 6-8 months, at least.




business and finance

JioSaavn hires former LinkedIn exec Virginia Sharma as vice-president of brand solutions

Sharma will be based out of the Gurugam office, and will lead the company’s global digital ad monetisation efforts across platforms. She will be responsible for driving adoption of JioSaavn’s advertising solutions for brands, while overseeing agency and client relationships.




business and finance

Baseline Ventures signs India’s under-19 cricket captain Priyam Garg

The multi-year deal will see Baseline managing all the commercial interests of Garg. Born in Meerut, UP, Garg made his first-class debut against Goa in 2018 where he went on to score an unbeaten 117. He recently led the Under-19 Indian team at the World Cup in South Africa where they finished runners-up.




business and finance

Online release: It’s film producers vs multiplexes

Multiplex players may boycott studios, actors if exclusive theatrical window not honoured




business and finance

Testing efforts hit another hurdle as labs face shortage of VTMs

The latest bottleneck to confront the Indian healthcare system in scaling up molecular diagnostic testing for Covid-19 is shortage of tools and equipment needed to collect and transport samples called the viral transport mediums (VTM).




business and finance

Tens of thousands of Chinese PPE kits fail India safety test

India continues to see a shortfall in the availability of personal protection equipment (PPE) for healthcare even as the government significantly ramps up domestic production and some kits from China failed quality tests.




business and finance

Kerala Institute says it has a faster and cheaper test for COVID-19

A Kerala-based institute has developed a diagnostic test for Covid-19 which it claims can furnish results in less than half the time taken by the method currently being used in the country and for a fraction of its cost — ₹1,000.




business and finance

Short of breath, Government to let in used ventilators

In a memorandum dated April 1, the ministry of environment, forest and climate change relaxed the import policy to facilitate use of second-hand ventilators by hospitals.




business and finance

Antibody kits arrive from China, but only for surveillance

These kits, also known as serological testing kits, are not meant for early diagnosis or detection of the disease, said Raman Gangakhedkar, head of the department of epidemiology at the Indian Council of Medical Research.




business and finance

Avoid use of antibody tests for now: ICMR

The Indian Council of Medical Research on Tuesday advised states not to use the new rapid antibody test for Covid-19 from China till further notice after reports emerged that the kits are faulty. “The kits will be tested and validated in the field by our teams.




business and finance

COVID-19: 16 companies get funds for R&D work

The department of biotechnology has granted funds to 16 companies for developing drugs, vaccines and devices to fight the Covid-19 pandemic as India looks to speed up the process of tackling the disease.




business and finance

FDA approves first in-home test for coronavirus

Patients will swab their own nose using a testing kit sent by the company and will mail it in an insulated package back to the company.




business and finance

ICMR to fund research in ‘immunology’ cure

The ICMR has asked research institutions including hospitals to participate in the funding round and it expects research activities to take off by June.




business and finance

ICMR to give verdict on antibody kits next week

The Indian Council of Medical Research has started analysing results from the evaluation of antibody test kits imported from China and will come out with its conclusions on their efficacy early next week, a senior government official told ET.




business and finance

Mazumdar-Shaw recognised among world's top 20 inspirational leaders in Biopharma

Biocon Executive Chairperson Kiran Mazumdar-Shaw has been recognised for her contribution to the world of medicine as an entrepreneur and innovative business leader, the Bengaluru-headquartered biopharmaceuticals company said in a statement.




business and finance

Project CARD to push local production of testing kits

Niti Aayog and the Department of Biotechnology have launched the Consortium for Affordable & Rapid Diagnostics (CARD) to scale up India’s capacity to make coronavirus testing kits. The move comes after India faced quality issues with Chinese-made antibody testing kits.




business and finance

As cotton swabs run out, ICMR looks at polyester

Until last month, polyester swabs were not manufactured in India and were imported from the US or China. With global demand for this product going up, it became difficult and more expensive to buy these swabs from either country.




business and finance

Biocon gets establishment inspection report from USFDA for Bengaluru plant

The EIR has been closed with a voluntary action indicated (VAI) classification for the observations, it added. As per the USFDA, a VAI means that objectionable conditions or practices were found, but the agency is not prepared to take or recommend any administrative or regulatory action.




business and finance

Bharat Bio leads CSIR project to develop human antibodies

This programme brings together academia — National Centre for Cell Science, Indian Institute of Technology, Indore, and industry – PredOmix Technologies and Bharat Biotech, in a collaborative mode for a public health emergency.




business and finance

UK-based Triumph Motorcycles eyes 15% market share in Indian superbike category

The company, which entered Indian market last year with 10 models, expanded its product range to 12 models with the launch of Thunderbird LT.




business and finance

Superbike maker Triumph brings new models to push India sales

Triumph launched its 1,700-cc cruiser bike Thunderbird LT in India, priced at Rs 15.75 lakh in Delhi before local taxes. This is their 13th model.




business and finance

Hero MotoCorp in line with larger plan of increasing global footprint

The board of directors of the company will meet at a 15th century heritage villa in the capital city of the Italian region of Tuscany.




business and finance

Mahindra & Mahindra set to launch new scooter Gusto next week

Gusto will be first launched in the northern and western markets of India and Nepal on Sept 29, followed by South Asia, Central America and Africa over few months.




business and finance

Suzuki aims to sell one lakh units of Gixxer this fiscal

In Kerala, Suzuki hopes to sell 10,000 units this financial year, Atul Gupta, Executive Vice-President (Sales and Marketing) told .




business and finance

UM Motorcycles, Lohia Auto form JV to make bikes in India

The JV, which is expected to start production by the second quarter of 2015, would utilise Lohia Auto's Kashipur facility in Uttarakhand to manufacture new products.




business and finance

US firm UM Motorcycles to launch cruiser bikes in India jointly with Lohia Auto

The company is known for innovative features such as keyless alarm system and blind spot mirror system. Its commuter models include 150cc Razor, and 125cc and 150cc Falcon, among others.




business and finance

Mahindra & Mahindra launches 110-cc scooter Gusto

Mahindra & Mahindra, which is yet to make a mark in the two-wheeler space, today launched a new 110-cc scooter 'Gusto'.




business and finance

Sri Lanka, Africa emerging as largest export markers for Hero MotoCorp: MD Pawan Munjal

“Sri Lanka has been a very big market for us. In recent times, we have seen some large volumes out of that market,” Munjal told ET on Monday.




business and finance

Mahindra group pumps Rs 500-crore in two-wheeler business

The Mahindra Group has invested about Rs 450-500 crore into their two-wheeler business to fund a turnaround plan despite some investors being sceptical of the company’s move.




business and finance

BS-III compliant two-wheelers get nod for registration from Delhi's transport department

Transport department has agreed to register new models of two-wheelers compliant with BS-III emission norms launched in the capital prior to April 1.




business and finance

Honda posts 5 per cent rise in sales in Feb; gains 1.4 per cent market share

This takes HMSI's year-to-date sales (domestic and exports) growth at 13 per cent, while for the industry this is only 5 per cent, HMSI said in a statement.




business and finance

Hero MotoCorp sales down 4.75 per cent at 5,24,766 units in Feb

It further added that with improvement in the currency situation and in the consumer sentiment, its volumes are gradually picking up.




business and finance

Honda CB Shine races past Hero Passion in April

HMSI’s commuter bike Shine sold 1,00,824 units of CB Shine in the month, making it the fourth-largest-selling two-wheeler vehicle.




business and finance

Hero MotoCorp plans separate retail network for premium bikes

"XPulse (concept) that we showed today is in that (premium) segment. There are other products that are under development currently," Munjal said.




business and finance

COVID-19 testing kit developed by researchers in West Bengal gets ICMR nod

Priced around Rs 500, the device has demonstrated a near-100 per cent accuracy in detecting the virus in a short span of 90 minutes, the statement said quoting an ICMR report.