Business
Hyundai Now Says Recalled Vehicles Should Be Parked Outside
Hyundai has reversed itself on a recall to fix a defect that could cause engine fires and is now telling owners of more than 200,000 vehicles to park them outdoors until repairs are made.
OYO Appoints Anuj Tejpal As Global Chief Commercial Officer
Hospitality firm OYO on Friday said it has appointedAnuj Tejpal as its global chief commercial officer to lead the revenue, marketing and growth teamsof the company. Anuj has been one of the founding members of OYO and was previously the global business...
Hyundai Launches Social Initiative To Help Families Of Nurses, Paramedics
Hyundai Motor India on Friday said it has launched a social initiative for children of corona warriors like nurses, paramedics, ambulance drivers, sanitisation staff, among others. Under the project 'Shikshak', the beneficiaries from classes 411 will be...
Norway's Orkla Foods Acquires Majority Stake In Kochi-based Eastern Condiments
Osloheadquartered Orkla Foods said on Friday it has entered into an agreement to acquire 67.8 per cent of the shares in Kochibased Eastern Condiments Private Limited. With this move, the Norwegian consumer goods supplier will double its sales in India,...
Exclusive: White House Asks U.S. Agencies To Detail All China-related Funding
The White House has asked U.S. government agencies for extensive details of any funding that seeks to counter China's global influence and business practices, or supports Beijing, amid growing tensions between Washington and Beijing.
Whirlwind Wins Five Awards For Bridgestone India And MoneyTap At CIDCA 2020 And IDMA 2020
Whirlwind's SEM Campaign for Bridgestone India bagged four awards while their SEO campaign for MoneyTap won one award in August 2020 Vadodara, Gujarat, India Business Wire India Whirlwind, a leading digital marketing agency based in Vadodara, won five...
Sensex, Nifty End Lower; Banking Stocks Play Spoilsport
On the Sensex chart, ICICI Bank was the top loser, shedding around 2 per cent, followed by Bharti Airtel, Axis Bank, Kotak Bank and PowerGrid. On the other hand, Titan, Tech Mahindra, Nestle, Maruti, Sun Pharma and Asian Paints were among the gainers.
Emerging Market Currencies To Hold Gains Into Next Year As Confidence In Dollar Wilts: Reuters Poll
Most major emerging market currencies will hold gains made since March's coronavirusdriven drop into next year, supported by a weaker outlook for the dollar and hopes of domestic economic recoveries, a Reuters poll of FX strategists showed.
Britain's Pret A Manger Turns To Subscription Drinks Service To Aid Recovery
British sandwich and coffee chain Pret A Manger said on Friday it would launch a subscription service for drinks, trying out a new business model to help it survive the coronavirus crisis, which has hammered its sales.
How Major US Stock Indexes Fared Thursday
Stocks fell sharply on Wall Street Thursday as high-flying technology companies took a tumble after months of spectacular gains.
Brazil's Embraer Says Is Cutting Its Workforce By 4.5%, Or About 900 Jobs
Brazilian planemaker Embraer SA said on Thursday it is reducing its workforce by 4.5%, or around 900 jobs, as it restructures its business to deal with the COVID19 pandemic and cancellation of its partnership with Boeing.
Pfizer Sees COVID-19 Vaccine Data In Thick Of U.S. Election Fight
U.S. drugmaker Pfizer should know in October if a COVID19 vaccine it is developing works, Chief Executive Albert Bourla said on Thursday, potentially placing it at the centre of bitter U.S. presidential politics ahead of the Nov. 3 election.
U.S. Weekly Jobless Claims Drop; But Labor Market Recovery Losing Steam
The number of Americans filing new claims for unemployment benefits fell below 1 million last week for the second time since the COVID19 pandemic started in the United States, but that does not signal a strong recovery in the labor market.
Services Sector Growth Slows In August But Still Positive
Growth in the U.S. services sector, where most Americans work, slowed in August after big rebounds in June and July, indicating lingering problems stemming from the coronavirus pandemic.
Hyundai, Kia Recall Vehicles For Leaks That Can Cause Fires
Korean automakers Hyundai and Kia are recalling over 591,000 vehicles in the U.S. to fix a brake fluid leak that could cause engine fires.
Bengal Govt Urges Potato Sellers To Cap Price At Rs 27 Per Kg
Amid a rise in potato prices in West Bengal, the state government's enforcement department officials visited several markets in the city and warned of action if retail traders are found selling the tuber above Rs 27 a kg from Friday. At present, the Jyo...