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  SpiceJet, in association with Sonu Sood, operates 2 flights from Moscow and Tashkent

  August 05, 2020 19:22 IST

  SpiceJet said on Wednesday that it operated a repatriation flight each from Moscow in Russia and from Tashkent in Uzbekistan, bringing back a total of 295 Indians.  

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  Global pilots body seeks govt intervention in pay cut at Air India

  August 05, 2020 19:00 IST

  The government-owned Air India is on a cost-cutting drive to deal with the situation arising out of COVID-19 which has impacted the aviation sector most globally.

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  Zenara Pharma receives DCGI approval to manufacture, sell Favipiravir tablets

  August 05, 2020 16:32 IST

  The tablet, which will be sold under the brand name 'Favizen', is being manufactured at Zenar's US FDA approved facility in Hyderabad, a press release from the drug maker said.

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  BMW reports loss of 212 million in Q2, sees rebound in China

  August 05, 2020 16:13 IST

  German automaker BMW lost 212 million euros ($250 million) in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a quarter in the April-June period. The company saw a rebound in China, its biggest market.

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  Sensex, Nifty pare early gains to end flat; HDFC Bank, RIL tumble

  August 05, 2020 16:12 IST

  After rallying 452 points during the day, the BSE Sensex slipped in the red to end 24.58 points or 0.07 per cent lower at 37,663.33.

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  Collaborating with govt agencies to develop treatment for COVID-19: Cipla

  August 05, 2020 15:33 IST

  Besides scaling up production of medicines that show potency against the virus -- Lopinavir + Ritonavir, Hydroxychloroquine and Azithromycin, the company is also ramping up manufacturing of drugs for chronic ailments such as asthma, COPD, among others, Hamied said.

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  Uber to hire 140 more engineers in India for expanding tech, product teams

  August 05, 2020 15:00 IST

  Uber said on Wednesday it is recruiting 140 more engineers for its tech teams in Bengaluru and Hyderabad to build cutting-edge products in areas such as rider and driver growth, delivery, marketplace, customer service, digital payments, risk and compliance, safety, and finance technology.

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  7th Pay Commission Dearness Allowance: Central government employees expected to get 3% DA hike

  August 05, 2020 14:33 IST

  7th Pay Commission: There is good news expected for Central government employees as Dearness Allowance (DA) hike is expected for them. The Central government employees are expecting the Dearness Allowance (DA) for the January-June 2020 period from July 2021 onwards.

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  HP expands PC manufacturing in India with Chennai facility

  August 05, 2020 14:00 IST

  In a fillip to the 'Make in India' initiative, PC and printer HP Inc on Wednesday said it has started PC manufacturing operations at electronics giant Flex's facility in Sriperumbudur, Tamil Nadu.

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  Gold Price Today: Gold nears Rs 55,000 per 10 gm; experts predict Rs 60,000 level soon

  August 05, 2020 13:17 IST

  Gold futures on the Multi-Commodity Exchange (MCX) reached a new record level on Wednesday as it neared the Rs 55,000 mark. The October contract of gold on the MCX touched an all-time high of Rs 54,910 per 10 gram. It is currently trading at Rs 54,848, higher by Rs 297 or 0.54 per cent from its previous close.

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  ZyCoV-D: Zydus Cadila to begin phase II human trials of COVID-19 vaccine from tomorrow

  August 05, 2020 12:47 IST

  Drug firm Zydus Cadila on Wednesday said the phase I clinical trial of its COVID-19 vaccine candidate, ZyCoV-D, has been completed and it will commence phase II clinical trials from August 6.

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  TikTok vows to fight plagiarism by Facebook, US bullying

  August 05, 2020 10:49 IST

  Facing threats of a US ban and smears by rival Facebook, popular video-sharing app TikTok has been compelled to respond to what observers describe as an effort to rip up the Chinese-owned firm and reap their own commercial, political benefits and monopolize the tech economy.

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  OYO restoring salary cuts for employees in India, South Asia

  August 04, 2020 22:58 IST

  Hospitality firm OYO on Tuesday told its employees that it is restoring the full salaries of staffers in India and South Asia, a company spokesperson said.

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  High taxes creating affordability issue for aspiring car owners: Maruti Suzuki

  August 04, 2020 21:25 IST

  Taxes on cars in India, which are higher than in any other vehicle manufacturing country in the world, have created affordability issue for many aspiring car owners, according to Maruti Suzuki India (MSI) Chairman RC Bhargava.

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  Coca-Cola enters immunity-boosting beverages category

  August 04, 2020 18:28 IST

  Apart from allowing the company's entry into immunity-boosting category, the new products - Minute Maid Nutriforce and Minute Maid Vita Punch - are also in line with its efforts to advance beverage localisation.

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  Sebi bans 4 entities for providing unauthorised investment advisory services

  August 04, 2020 17:52 IST

  Sebi has barred Money Increase, Venture Revenue and two individuals from the capital markets for providing unauthorised investment tips and falsely promising assured returns to investors. 

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  RBI Governor headed MPC begins deliberations on monetary policy

  August 04, 2020 17:31 IST

  The six-member Monetary Policy Committee (MPC) headed by the RBI Governor is scheduled to announce its decision on August 6.

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  Sensex rallies 748 points; RIL, HDFC Bank sparkle

  August 04, 2020 16:08 IST

  The BSE Sensex settled 748.31 points or 2.03 per cent higher at 37,687.91, while the NSE Nifty rallied 203.65 points or 1.87 per cent to 11,095.25.

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  Sun Pharma launches Favipiravir in India at Rs 35 per tablet

  August 04, 2020 16:02 IST

  Favipiravir is the only oral anti-viral treatment approved in India for the potential treatment of patients with mild to moderate COVID-19 disease, it added.

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  Bank union gives strike call in Tamil Nadu on August 20

  August 04, 2020 15:29 IST

  The Tamil Nadu Bank Employees' Federation (TNBEF) has given a strike call for August 20 to protest against the State Level Bankers Committee (SLBC) guideline regarding 100 per cent staff at bank branches and restoration of normal banking hours in the state.  

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  BSNL 2G mobile services launched in remote Vijaynagar circle of Arunachal Pradesh

  August 04, 2020 14:28 IST

  The people of inaccessible Vijaynagar administrative circle in Changlang district of Arunachal Pradesh, have a reason to smile, as the Bharat Sanchar Nigam Limited (BSNL) has recently launched its mobile 2G services in the area through satellite network.

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  Wockhardt to execute 'fill and finish' process of coronavirus vaccine in new pact with UK govt

  August 04, 2020 14:18 IST

  In a new deal signed with the UK government, Wockhardt will carry out 'fill and finish' stage of the manufacturing process of the COVID-19 vaccine to ensure the supply of millions more doses of a vaccine whenever it is ready.

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  Govt blocks Chinese apps Baidu Search, Weibo; to be taken off from app stores

  August 04, 2020 13:51 IST

  After banning major Chinese apps, including TikTok, UC Browser, the Centre has blocked Baidu Search and Weibo apps - the most influential apps of China and dubbed as the country’s answer to Google search and Twitter respectively, in India.

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  Sashidhar Jagdishan set to become HDFC Bank new CEO, Aditya Puri's successor

  August 04, 2020 11:59 IST

  Sashidhar Jagdishan is set to replace Aditya Puri as HDFC Bank CEO after the Reserve Bank of India approved his name. Sashidhar Jagdishan is currently the additional director of HDFC Bank and has been associated with it for over 30 years.

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  Sensex rises over 250 points in early trade; Nifty above 10,900

  August 04, 2020 10:03 IST

  In the previous session, the 30-share Sensex ended 667.29 points or 1.77 per cent lower at 36,939.60, while the NSE Nifty tumbled 181.85 points or 1.64 per cent to 10,891.60.

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  TikTok owner ByteDance to shift HQ from Beijing to London: Report

  August 04, 2020 8:31 IST

  Chinese unicorn ByteDance which owns the popular short video-sharing app TikTok has received approval from the British government to move its headquarters from Beijing to London, The Sun newspaper reported.

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  Moody's upgrades Yes Bank by a notch following capital raising; outlook stable

  August 03, 2020 22:39 IST

  Moody's Investors Service on Monday said it has upgraded Yes Bank's long-term foreign currency issuer rating by a notch to 'B3' from 'Caa1' after a Rs 15,000-crore capital raising.

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  Jubilant Life Sciences launches generic version of remdesivir for COVID-19 treatment

  August 03, 2020 21:42 IST

   The company will make the drug available to over 1,000 hospitals providing COVID-19 treatment, Jubilant Life Sciences said in a statement.