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LIC: Govt may seek proposals from investment banks for mega IPO in June

An offering could happen as soon as March 2022, say sources

LIC: Govt may seek proposals from investment banks for mega IPO in June
Updated On : 04 Jun 2021 | 1:13 AM IST

Tesla begins recruiting for leadership, senior level roles in India

Elon Musk's company reportedly recruiting for positions including a head of sales and marketing, and a head of HR

Tesla begins recruiting for leadership, senior level roles in India
Updated On : 03 Jun 2021 | 11:25 PM IST

Apple's CEO sets September return to offices for at least three days a week

The iPhone maker is pushing staff to return on Mondays, Tuesdays and Thursdays at a minimum, with remote work still an option for Wednesdays and Fridays, Cook said in a memo obtained by Bloomberg News

Apple's CEO sets September return to offices for at least three days a week
Updated On : 03 Jun 2021 | 10:36 PM IST

Amid threat to beaches, Sri Lanka readies for oil spill from shipwreck

A smoldering shipwreck off the coast and near the capital Colombo threatens that natural ecosystem and the local economy.

Amid threat to beaches, Sri Lanka readies for oil spill from shipwreck
Updated On : 03 Jun 2021 | 4:47 PM IST

Retail investors in India, South Korea join meme craze for AMC stock

AMC Entertainment skyrocketed as much as 127% on Wednesday, extending its total gains for the year to more than 3,000% and pushing its market capitalization briefly above $33 billion.

Retail investors in India, South Korea join meme craze for AMC stock
Updated On : 03 Jun 2021 | 4:05 PM IST

Germany failed to cut city's air pollution, rules EU top court

EU court judges in previous rulings also chided France and the U.K. for "persistently" exceeding limits.

Germany failed to cut city's air pollution, rules EU top court
Updated On : 03 Jun 2021 | 4:01 PM IST

Tapeworm drug, masks are part of Reliance's plan to tackle coronavirus

Reliance Industries is exploring use of a tapeworm drug, Niclosamide, as a cure for Covid-19, according to its annual report.

Tapeworm drug, masks are part of Reliance's plan to tackle coronavirus
Updated On : 03 Jun 2021 | 3:08 PM IST

Deutsche tells US investment bankers they must be back in office by Sep 6

Deutsche Bank is still working through how much flexibility it will offer employees over the long term, according to a separate memo earlier this week from investment-banking chief

Deutsche tells US investment bankers they must be back in office by Sep 6
Updated On : 03 Jun 2021 | 2:46 PM IST

AMC stock extends surge as Reddit's retail frenzy reaches new heights

The movie-theater chain has a market value of more than $30 billion, making it more valuable than at least half of the companies in the S&P 500 Index.

AMC stock extends surge as Reddit's retail frenzy reaches new heights
Updated On : 03 Jun 2021 | 2:22 PM IST

Chamath Palihapitiya files four more SPACs with partner Suvretta

Chamath Palihapitiya plans to raise four more special purpose acquisition companies which add to the six blank-check companies he has already raised.

Chamath Palihapitiya files four more SPACs with partner Suvretta
Updated On : 03 Jun 2021 | 2:02 PM IST

Biden to begin Covid-19 vaccine donations abroad as variant threat looms

The White House, which has faced pressure from a range of countries to share its vaccines, has settled on its plan and an announcement is imminent, according to the people, who discussed the matter

Biden to begin Covid-19 vaccine donations abroad as variant threat looms
Updated On : 03 Jun 2021 | 10:20 AM IST

Jack Ma's Ant builds policy, govt relations team for push in Asian markets

Staff of just under 10 staff to prioritise markets in Southeast Asia, Hong Kong, and Macau; Europe will be target as well.

Jack Ma's Ant builds policy, govt relations team for push in Asian markets
Updated On : 03 Jun 2021 | 10:04 AM IST

SBI does balancing act between financing coal projects, appeasing investors

Lender needs to finance coal projects to electrify more Indian homes, as it works with investors like BlackRock Inc that are keen on renewables.

SBI does balancing act between financing coal projects, appeasing investors
Updated On : 03 Jun 2021 | 9:22 AM IST

Japan's much-maligned Covid-19 vaccine campaign quietly gathers speed

Japan has faced criticism for the pace of its inoculation drive

Japan's much-maligned Covid-19 vaccine campaign quietly gathers speed
Updated On : 02 Jun 2021 | 11:22 PM IST

Free tickets and popcorn as AMC jumps 1,400% in meme stock rally'

The shares soared 27 per cent to an intraday record on Wednesday after jumping 23 per cent the day before

Free tickets and popcorn as AMC jumps 1,400% in meme stock rally'
Updated On : 02 Jun 2021 | 10:59 PM IST

Israel finds probable link between Pfizer Covid shot and heart inflammation

According to a study, there were 275 cases of myocarditis identified between December 2020, when the vaccination drive began, and May 2021, including 148 cases within a month after vaccination.

Israel finds probable link between Pfizer Covid shot and heart inflammation
Updated On : 02 Jun 2021 | 10:49 PM IST

No recovery in global jobs market from pandemic until at least 2023: ILO

Global unemployment rate seen at 6.3% this year, 5.7% in 2022; uneven stimulus, vaccine access foster inequalities, says ILO

No recovery in global jobs market from pandemic until at least 2023: ILO
Updated On : 02 Jun 2021 | 10:47 PM IST

Xi rethinks diplomatic approach, seeks 'lovable' image for China

Xi told senior Communist Party leaders that country must 'make friends extensively, expand its circle of friends with those who understand and are friendly to China' according to Xinhua News Agency.

Xi rethinks diplomatic approach, seeks 'lovable' image for China
Updated On : 02 Jun 2021 | 4:56 PM IST

India, UK eye interim pact to help clinch major trade deal in a decade

An interim agreement is expected by the end of the year that would give British medical devices and agricultural products access to Indian markets, while widening the scope of employment in the U.K.

India, UK eye interim pact to help clinch major trade deal in a decade
Updated On : 02 Jun 2021 | 4:39 PM IST

Netanyahu's rival leaders face midnight deadline to form new government

Lapid, who was handed the mandate to form Israel's next government last month after Netanyahu failed, is scrambling to finalize agreements with additional partners to approach a parliamentary majority

Netanyahu's rival leaders face midnight deadline to form new government
Updated On : 02 Jun 2021 | 2:47 PM IST