Business

The searches were carried out at 16 premises in Chennai, Mumbai, Hyderabad and Cuddalore on November 27, it said.

Multiple modes for submission of JPPs including 3.65 lakh Common Service Centres (CSCs), branches of pension disbursing banks, 1.36 lakh post offices, postal network of 1.90 lakh postmen and Grameen Dak Sevaks under the Department of Post can be availed b...

Biogen Inc will take a $650 million stake in Sage Therapeutics and pay $875 million in upfront payment as they jointly develop and sell treatments for neurological disorder, the two companies said on Friday.

Business events and economic reports scheduled for the coming month:

Chinese banks including major stateowned players announced on Friday they will suspend the opening of new accounts for their precious metal investment products from Saturday amid increased volatility in global and domestic precious metal prices.

As global COVID19 infections surge, China is pushing a narrative via state media that the virus existed abroad before it was discovered late last year in the central city of Wuhan, where it was traced to a seafood market.

British businesses are rushing to stockpile goods just five weeks before postBrexit customs checks come into force on Jan. 1, driving up the cost of crossborder deliveries and cutting capacity, industry sources said.

The number of Americans filing firsttime claims for jobless benefits increased further last week, suggesting that an explosion in new COVID19 infections and business restrictions were boosting layoffs and undermining the labor market recovery.

Hospitals will be allowed to care for Medicare patients in their own homes during the pandemic under a government program announced Wednesday to help hospitals deal with the latest surge.

Delta Air Lines on Wednesday dropped a threat to furlough more than 1,700 pilots after they ratified a costcutting agreement that the airline said was needed to help it cope with a downturn caused by the pandemic.

Canadian service workers are faring even worse during the pandemic than previously thought with hundreds of thousands of those who still have jobs not actually putting in any hours at all, and a grim holiday season could add to the pain.

U.S. longterm mortgage rates remained at record lows this week as the coronavirus pandemic continues to threaten the economy.

Sales of new homes remained steady in October to a seasonally adjusted rate of 999,000 units.

When Jenna Powell gets in front of a camera, she can sell $10,000 worth of sparkly dresses and tiedye hoodies in 40 minutes.

Britain's government reduced its commitment to foreign aid on Wednesday, pledging to spend 0.5% of gross domestic product on aid in 2021 as opposed to the normal 0.7% figure, finance minister Rishi Sunak said.

Euro zone business activity contracted sharply this month as renewed lockdowns forced many firms in the bloc's dominant service industry to close temporarily, although news of possible vaccines boosted hopes for 2021, surveys showed on Monday.