Category: Business

Representational image New Delhi: Jubilant DraxImage Inc, part of the Jubilant Life Sciences Group, is recalling 90 vials of sodium iodide I 131 capsules used for treatment of hyperthyroidism made at its Kirkland, Canada facility …

Mumbai: The Reserve Bank of India (RBI) on Wednesday directed banks with currency chests to get the working condition of their security-related gadgets such as CCTV cameras checked once in a fortnight. Modifying its November …

Mumbai: RBI on Wednesday said an entity can borrow a maximum of Rs 5,000 crore in a fiscal through issuance of rupee-denominated masala bonds overseas under the automatic route. The earlier cap was $ 750 …

Washington: World financial markets have calmed after turmoil earlier this year, but more needs to be done to ensure global financial stability amid slowing growth, weak commodity prices and worries about China’s economy, the International …

London: OPEC on Wednesday cut its forecast for global oil demand growth in 2016 and warned of further reductions citing concern about Latin America and China, pointing to a larger supply surplus this year. The …

Mumbai: A joint venture led by Reliance Industries and BG Group has agreed to hand drilling infrastructure from an abandoned gas field to ONGC Ltd, their junior partner, helping the state-run group develop a large …

Wipro shares gained as much as 4 per cent to six-month high on Wednesday after India’s third largest IT outsourcer said that it will consider a share buyback proposal on April 20, 2016, when the …

Mumbai: India’s gold imports in 2015/16 fiscal year, ended on March 31, dropped 16 percent from a year ago to 926 tonnes, news agency NewsRise Financial reported on Wednesday, as higher prices and jewellers’ strike …

Peabody Energy Corp, the world’s largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday in the wake of a sharp fall in coal prices that left it unable to service a recent …

Washington: The US received over 2,36,000 H-1B petitions in just five days of opening up the process earlier this month for the most sought-after work visa for IT professionals, including from India, and has completed …