Toyota domestic sales increase 36% to 14,075 in February Wholesales have been very encouraging and the company is witnessing a high influx of customer orders month on month, TKM Senior Vice President Naveen Soni said

DHL Express becomes Mumbai Indians Principal and Official Logistics Partner The company has been associated with multiple international sports events such as the World Rugby Sevens Series, ESL One, MotoGP and Formula 1. DHL Express also sponsors football clubs such as Manchester United

ImaginXP raises $1.5 million from Venture Catalysts The company currently has 2,500 students studying its full-time degree programmes and 15000+ students on the MyCoach platform. Additionally, with universities being allowed to issue online degrees, ImaginXP is in a unique position to help its partners

Bajaj Auto sales up 6% to 3,75,017 units in Feb Total domestic sales declined by 2% to 1,64,811 units last month, as compared to 1,68,747 units sold in February 2020

IndiGo to operate flights from T1 in Mumbai. Details here As directed by Mumbai International Airport Limited, all other flights, including the 5000 series, will continue to operate from Terminal 2

Abu Dhabi’s de facto ruler cements control over oil firm Adnoc The crown prince also appointed one of his sons, Khaled bin Mohamed bin Zayed, as chairman of a smaller six-member executive board at Abu Dhabi National Oil Co.

Why RIL is betting on pod transport system in India With road traffic worsening by the day, impacting quality of life and economic development across the world, SkyTran’s pods aim to help people move around seamlessly

Godrej Properties highest bidder for Navi Mumbai land in Cidco auction Mumbai-based GPL has been acquiring land parcels strategically to expand its project portfolio in key cities. In December, it bought 18 acres in suburban Bengaluru’s Whitefield to develop a premium residential project

Biocon Biologics, Viatris Inc. get CHMP nod for Abevmy, a biosimilar to Avastin Abevmy is abiosimilar to Roche's Avastin, prescribed for all indications including metastatic colorectal carcinoma, metastatic breast cancer, non-small-cell lung carcinoma, glioblastoma, ovarian, cervical and renal cancer as part of …

Berkshire’s busy 2020 broke a record despite lack of major deals Berkshire Hathaway was firing up another engine: stocks -- both buying its own and trading others. The conglomerate snapped up $24.7 billion of Berkshire shares last year, a stark record for the business sitting atop a $138 billion cash pile

Microsoft says vaccine tools have ‘fallen short’ after DC snags The issues in DC represent another black eye for Microsoft, which has heavily touted its software as a way to help with rapid vaccine deployment and scheduling

‘India’s startups, digital economy show promise’ Jio Platforms provides us with an excellent opportunity to support India’s digital economy, said Yasir Al-Rumayyan, governor of Saudi Arabia’s PIF

E-commerce seeks a slot in trade basket Lobbies have sought a separate export promotion council for e-commerce

Cube looks to sell 25% stake, explores InvIT Citibank and JPMorgan are advising Singapore-based Cube Highways

Astrazeneca has sold its stake in Moderna for more than $1 billion: Report The report added that it was not clear when and over what period AstraZeneca sold its full holding

Paytm processes 1 bn transactions for 2nd straight month The scale in payments comes on the back of its financial services and offline products for merchants

It’s a plane; it’s a drone; it’s got the best of both The IIT-incubated ePlane Company tries to hit the sweet spot between floating like a drone and flying like a plane.The startup aims to keep the cost of the e-plane below ₹1 cr, which would make it similar in price to a premium Range Rover

Companies feel betrayed due to capping of Covid-19 vaccine price: Kiran Mazumdar Shaw Reacting to a report that the health ministry has fixed ₹250 per shot at private hospitals, she tweeted: We r crushing instead of incentivising vaccine industry.She further said: Covid Vaccine Jab Capped At ₹250 At Private Hospita…

RIL raises stake in US-based SkyTran to 54.46% SkyTran is a venture-funded technology company that develops pod car transport systems.RIL had first invested in SkyTran in October 2018, acquiring a 12.7% stake in the company. In November 2019, it raised the stake to 17.37% and in April 2020, to 26.3%

Not everyone is ready to go back to office: Randstad India CEO Companies are moving towards a hybrid way of working that changes the very purpose of the office, Paul Dupuis, MD & CEO of staffing company Randstad India told Mint

Reliance buys majority stake in skyTran; Ambani says committed to futuristic tech 'Our acquiring majority equity stake in skyTran reflects our commitment to invest in building futuristic technologies that would transform the world,' said Mukesh Ambani

Inflection Point Ventures to invest $20 mn in start-ups in India this year IPV, which comprises about 4,000 investors, is also looking at expanding its network to 5,000 members by the end of the year.Till date, IPV has announced 55 deals and these include names like Milkbasket, Blusmart, Otipy by Crofarm, Truly Madl…

Bidding war for G4S takeover comes to a close Allied Universal has won the stand-off against GardaWorld in acquiring G4S.G4S' board has supported Allied Universal's bid of GBP 3.8 bn and has recommended shareholders to vote to accept the acquisition

Why are FMCG majors chasing growth in rural India? Demand in rural markets has outstripped sales growth in urban markets over the last several quarters.. Companies are betting on consumers in rural India switching from unbranded, loose products to branded ones.

How to maintain healthy life while working remotely How to maintain healthy life while working remotely

Warren Buffett defends Berkshire Hathaway’s $25 billion in buybacks The Omaha conglomerate’s fourth-quarter profits rose nearly 23%

IKEA to increase sourcing of toys from India IKEA India is also aiming to have around 12 per cent of sales from kids' range of products in the coming years.IKEA said the India Toy Fair would help it connect with new partners and understand the ecosystem

SolarWinds hack pits Microsoft against Dell, IBM over how companies store data Microsoft argues the cloud offers more protection; rivals point to the need of firms to hold, access their information on-premise

JNPT, Deendayal port offer discounts to boost trade at Chabahar port To promote Shahid Beheshti Port of Chabahar in Iran, Jawaharlal Nehru Port and Deendayal Port are providing discounts on vessel and cargo related charges

Discoms' total dues to power producers rise nearly 24% to Rs1.36 lakh cr in Dec According to the latest data, total outstanding dues in December dipped on a month-on-month basis

Women entrepreneurs fight for funding in man's world of tech startups When it comes to getting backing for a startup it is about trust, and that seems to be lacking when it comes to women entrepreneurs, say female entrepreneurs

Warren Buffett again encourages investors to bet on America Buffett's annual letter is always well read in the business world because of his remarkably successful track record and his knack for explaining complicated subjects in simple terms.

Warren Buffett's $10 billion mistake: Precision Castparts Precision shed more than 13,400 jobs, or 40% of its workforce, in 2020, and only recently has begun to improve margins, Berkshire said.'I'll make more mistakes in the future - you can bet on that,' Warren Buffett wrote

Stock gains power higher Berkshire profit, Buffett presses on with stock buyback Berkshire's fourth-quarter buybacks boosted the company's overall stock repurchases to $24.7 billion in 2020, five times the record from a year earlier.Results benefited from improved quarterly performance at the Geico auto insu…

Adani Group releases pledge on 10 lakh share of AGEL, 1.38 cr shares of ATL Adani Green Energy Ltd (AGEL) is one of the largest renewable companies in India, with a current project portfolio of 13,990 MW

Warren Buffett’s Berkshire snaps up record $24.7 bn of own stock The company’s purchase of $9 billion of shares in 4th quarter matched a record set in previous 3-month period, Buffett said

Surf Excel's Holi campaign celebrates togetherness in times of pandemic The campaign features tries to encapsulate togetherness in times of pandemic, ensuring no one feels left out depsite social distancing norms

ByteDance to boost education business with 13,000 new hires Chinese social media titan ByteDance Ltd. plans to hire an additional 13,000 employees this year for its education unit as the company aims to grab a bigger slice of the country’s booming online learning market

DHFL resolution: Co receives no objection from RBI, files application with NCLT The resolution plan has been approved by the Committee of Creditors.It was the first finance company to be referred to NCLT by the RBI using special powers under Section 227 of the IBC

ICRA reaffirms AA-plus rating on United Spirit's financial instruments It also reaffirmed A1-plus rating on USL's commercial paper and has withdrawn the rating on ₹750 crore non-convertible debentures at the company's request.ICRA said the ratings also consider USL's strong market position in the dom…

SC notice to Centre on appeal against UltraTech’s limestone mining project Supreme Court issues notices to the Environment Ministry, Gujarat Pollution Control Board, UltraTech Cement, Uncha Kotda Gram Panchayat and others

Maruti Suzuki crosses 20 lakh cumulative exports mark The auto major achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat.

Oaktree Capital draws activist ire over evictions An activist group claims evictions are occurring at Oaktree properties despite a federal moratorium during the coronavirus pandemic

Yellen removes obstacle to global corporate-tax deal U.S. drops Trump-era proposal opposed by European nations seeking higher taxes on technology companies

O2 Power to buy stake in Hero Future Energies’ Rajasthan SPV This sale is part of transaction for which Hero Future Energies has mandated HSBC to sell 500 MW of pre-construction assets

SPAC frenzy emboldens Silicon Valley startups to forgo venture funding Helicopter-taxi hopeful Archer is among those joining the public markets with billion-dollar valuations—years before any revenue

ABB Power Products posts 6.9% fall in Q3 revenue at Rs1,044 crore The consolidated profit after tax was up by nearly 55% at Rs55 crore

McDonald’s says it’s considering selling part of AI startup Dynamic Yield The plan under consideration is to sell the part of the business that works with the third parties while keeping the part that serves McDonald’s

Trading app Robinhood says facing US regulator inquiries The free brokerage platform is facing inquiries from federal financial regulators, state attorneys general and the US Congress