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Moderna to invest $1 billion in China to manufacture mRNA vaccines: Report

The company's chief executive officer Stephane Bancel is in China and the deal is expected to be signed on Wednesday

ICICI Bank says loans to Videocon did not cause any 'wrongful loss'

There was no issue of wrongful loss and violation or contravention of rules and policy, the bank said

DGCA ties up with European agency to develop unmanned aircraft systems

Directorate General of Civil Aviation India and the European Union Aviation Safety Agency will work together in unmanned aircraft systems (UAS) and innovative air mobility

Maruti Suzuki launches its multi-purpose vehicle Invicto at Rs 24.79 lakh

The company has launched Invicto in three variants and expects the model to further strengthen its presence in the overall MPV segment where it commands around 50% market share already

Telecom department overhauls vigilance mechanism, revokes officers' power

Previously, vigilance clearance for field officials was handled by the respective vigilance officers

Flipkart offers upto Rs 5 lakh in lending to customers with Axis tie-up

Flipkart's introduction of customer lending services is aimed at boosting sales by providing an additional financing option to customers

Debris on ocean floor could be from alien civilisation: Harvard scientist

Harvard University professor Avi Loeb had launched a dredging project two weeks ago to explore the depths of the Pacific searching for signs of a mysterious object labelled "IM1"

Ukraine invasion: FMCG major Unilever to continue operations in Russia

Unilever has defended its decision to maintain operations in Russia citing the challenges of exiting the market and the potential consequences for its employees as reasons for its continued presence

Instagram to launch text-based conversation app Threads to take on Twitter

A user has to have an Instagram account to sign up for Threads, where the Instagram username will be used on the Threads app

Indian refiners saved $7 billion from Russian crude imports in 14 months

India is the world's third-largest crude oil consumer and imports more than 85 per cent of its oil needs

Over 67,000 trains cancelled in South East Central Zone in 3 years: RTI

Indian Railways cancelled 32,757 trains in 2020, suspended the operations of 32,151 trains in 2021, called off 2,474 trains in 2022, and postponed 208 trains in April 2023

PharmEasy to raise Rs 2,400 cr, Manipal Group likely to invest Rs 1,000 cr

The fundraising will be done via a rights issue where the stock will be sold at a 90 per cent discount at Rs 5 per share

M3M case: Salve seeks SC intervention in curbing ED's 'drastic powers'

M3M money laundering case: Representing a real estate firm, senior advocate Harish Salve said that no one will be safe in India unless the ED's drastic powers are reined in

Trai meets OTT platforms over measures to curb pesky calls, phishing

The Telecom Regulatory Authority of India (Trai) held a meeting with WhatsApp, Telegram, Meta and Google to devise measures to check pesky calls and messages, and phishing attempts

Companies move Madras HC seeking relief against Google's payment policy

The companies join the likes of Bharat Matrimony and Shaadi.com, which have already approached the high court challenging Google's billing policies

Ajit Pawar vs Sharad Pawar: Separate NCP meeting called to find 'real NCP'

Today's meeting may shed light on which faction has the majority support and determine which is the "real NCP" amid Maharashtra's ongoing political crisis

Triumph brings Speed 400, Scrambler 400X to India at Rs 233,000 onwards

The Speed 400 will be available in the second half of July and the Scrambler 400 X will be available by October this year

Private banks more aggressive in writing off bad loans than public banks

The ratio of write-offs to gross non-performing assets (GNPAs) in private banks was 47.9 per cent, much higher than 22.2 per cent in public banks

FSSAI to study WHO report on possibility of Aspartame being a carcinogen

As a 'healthier' substitute for sugar, aspartame is widely used in India by manufacturers of soft drinks, breakfast cereals, ice cream, and juices

Companies not too keen to implement Haryana's liquor at workplace policy

Executives said that while the policy is progressive and intended to create a new precedent, it is only slowly gaining traction