Shares of Future Group companies were under pressure and fell by up to 9 per cent on the BSE in intra-day trade on Monday after Amazon won a favourable ruling for its plea in Singapore against the Kishore Biyani-headed group striking a deal with Mukesh Ambani-led Reliance Industries Ltd (RIL).
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Sebi bans Birla Pacific Medspa, Yash Birla, 8 others from securities
Sebi has barred Birla Pacific Medspa Ltd, Yashovardhan Birla and eight others from the securities market for two years for mis-utilisation of the IPO proceeds.
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Taxes on fuels may rise as govt seeks more revenue for Covid relief
The economic crisis triggered by the Covid-19 pandemic and subsequent pressure on revenues may again push the Centre to raise excise duty on petrol and diesel.
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Oxford Covid-19 vaccine prompts immune response among adults: AstraZeneca
The Covid-19 vaccine being developed by the University of Oxford produces an immune response in both elderly and young people and adverse reactions were lower among the elderly, British drug maker AstraZeneca Plc said on Monday.
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Winter test is coming for airlines as coronavirus cases rebound
The resurgent Covid-19 pandemic is pushing back the recovery in air travel, turning winter into a survival test for carriers now pinning hopes on a spring rebound. Airlines are urging governments to introduce more testing and travel bubbles to help spur demand.
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