Industry

Hip replacement: Johnson & Johnson willing to pay $400 million-plus

The world’s largest health-care products maker has settled, or is in the process of settling, about 3,300 of 10,000 lawsuits targeting its Pinnacle line of hip-replacement devices, a judge said in a Dec. 9 court filing.

Price support: Madhya Pradesh hasn’t paid single rupee for Kharif 2018 crops yet

Under PM-AASHA, the price deficiency support has to be paid within one month of sale of crops in mandis.

Bidding battle: Adhunik Metaliks lenders reject Liberty House offer

UK-based firm had offered to pay outstanding amount of `410 cr in two instalments by January 15

After multiple failed bids, NCLT orders liquidation of Nagarjuna Oil Corp

The Chennai bench of the National Company Law Tribunal (NCLT) has ordered liquidation of Nagarjuna Oil Corporation (NOCL), which is an associate firm of Nagarjuna Oil Refinery. Lenders to the company

Cyrus Mistry urges NCLAT to direct Tata Sons to amend Articles of Association

Former Tata Sons chairman Cyrus Mistry on Wednesday urged the National Company Law Appellate Tribunal (NCLAT) to order Tata Sons to amend Article 121 in its Articles of Association as it undermines th

Winds of change: In a first, Tata Trusts creates vice chairman posts

Tata Trusts, the largest shareholder of Tata group’s parent company Tata Sons, will have — for the first time — the post of vice-chairman, which will be shared by Vijay Singh and Venu Srinivasan

Ninjacart raises Rs 250 crore from Accel US, Syngenta Ventures in Series B funding

Agri-tech platform Ninjacart has raised Rs 250 crore in a Series B funding round from Accel US, Syngenta Ventures, Neoplux, Joe Hirao (the founder of ZIGExN), HR Capital and Trifecta Capital. Existing

IndiGo moves SC against Meghalaya HC order to make airport operational in Shillong

Budget airline IndiGo’s parent company, InterGlobe Aviation, on Wednesday moved the Supreme Court challenging the last week’s order of the Meghalaya High Court that asked it to finalise within a w

Going Global: Byju’s to roll out international product in six months

Byju’s has about 2 million paid subscribers and 30 million registered users.

Maharashtra’s procurement scheme for pulses comes to standstill on poor arrival

Maharashtra's pulses procurement programme for moong and urad and oilseeds, including soyabean, has almost come to a standstill on poor arrivals in the market and prices hovering around the Minimum Su

Hit by floods, Kerala poultry business expects revival after Christmas

Christmas, not Easter, will be the resurrection season for Rs 4,000-crore chicken business in Kerala. The price of Christmas poultry has been flying beyond `175 per kilo this week, after the devastati

Samsung Galaxy A9: This phone is a powerful snapper

The Galaxy A9 is a great camera phone that comes with top-tier specs and a massive battery

Oppo India brand chief says aim is to design products that resonate with consumers

From rotating to hidden motorised camera, 5x zoom to VOOC charging – 2018 has been a standout year for the Chinese handset maker Oppo from a tech standpoint.

Google Translate now has a responsive design to adjust your screen size

It’s been twelve years since the launch of Google Translate, and since then Translate has evolved to keep up with the ways people use it.

IBM, IIT Delhi collaborate to advance AI research

The research will benefit sectors such as healthcare and medicine, finance, and customer support.

PM-JAY covers five lakh in less than 80 days of its launch

Over five lakh beneficiaries have availed themselves of free hospitalisation benefits worth a total of `700 crore in less than 80 days of the Pradhan Mantri Jan Arogya Yojana (PMJAY), which offers `5-

Axis Bank offers home-loan with higher principal repayment component

Axis Bank will be offering its new home loan customers an alternative to reduce their principal amount on a monthly basis.

OnePlus 6T McLaren Edition with 10GB RAM, Warp Charge 30 launched in India: Price, specifications

Chinese smartphone maker OnePlus on Wednesday unveiled the new 10GB "6T McLaren Edition" for Rs 50,999 in the Indian market.

Government sets up GoM on stressed power assets

The government has constituted a Group of Ministers headed by Finance Minister Arun Jaitley to vet the recommendations of a high-level panel on stressed power projects, as per an official order.

Government may keep FY19 bank recap target at Rs 65,000 crore: Icra

The government is likely to keep its bank recapitalisation target unchanged at Rs 65,000 crore for the current financial year as lenders under RBI's prompt corrective action (PCA) framework will not m

Industry in agreement on need to cut levies, streamline GST issues: COAI

"On the larger issue of need for a telecom relief package, a view can be taken by the telecom department based on their due diligence.

Flipkart rejigs leadership team, appoints Sriram Venkataraman as COO

These changes are part of a planned restructuring that will enable agile decision making, while also putting us on the path to developing more independent, yet collaborative teams," Krishnamurthy said

Salary delays causing loan EMI default, stress: Air India pilot body

Air India's union representing narrow body pilots Wednesday alleged a majority of its members were defaulting on bank EMIs due to the salary delays which was also putting them under a lot of "stress".

Supreme Court asks forensic auditors to examine trail of home-buyers’ Rs 3,000 cr diverted by Amrapali

The Supreme Court on Wednesday asked forensic auditors to examine the trail of around Rs 3,000 crore, the home-buyers' money allegedly spent by the Amrapali Group on buying shares of its sister compan

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