E-commerce giant Walmart has clocked 1.3 per cent increase in net sales in its international business at $29.6 billion in the third quarter ended October 31, supported by strong results of Flipkart and PhonePe that saw "all-time high" monthly active users. The US-based company had picked up a majority stake…
Lakshmi Vilas Bank is set to be folded into the Indian unit of Singapore's DBS under a plan proposed by the Reserve Bank of India (RBI), which took over LVB on Tuesday due to a "serious deterioration" in its finances. India's government said it had also temporarily capped withdrawals from LVB, which…
After books, clothes, appliances, fresh food and even streaming content, Amazon is branching into one of the last realms it has yet to conquer: prescription drugs. The e-commerce giant said Tuesday it was launching an online pharmacy for US consumers, who will be able to order prescription medications directly from…
Britain will ban petrol and diesel vehicle sales from 2030 as part of a 10-point plan for a "green industrial revolution" to be unveiled Wednesday by Prime Minister Boris Johnson. The British premier has earmarked £12 billion (13.4 billion euros, $15.9 billion) for the wide-ranging plans, which he hopes will…
Towering more than 300 metres (1,000 feet) up the cliff face that inspired the landscape for the blockbuster movie "Avatar", the world's highest outdoor lift whisks brave tourists to breathtaking views. The three double-decker elevators in central China's Zhangjiajie Forest Park zip up the cliff in just 88 seconds, a…
With a wagging tail, an Indian street dog that lost its front legs in a train accident headed Wednesday for a new life in the English countryside. The three-year-old mutt was found "covered in blood" and badly injured after being run over by a train at Faridabad in the northern…
England's first cricket tour of Pakistan in over 15 years, due to take place early in 2021, will not go ahead, according to British media reports. The BBC and the Press Association (PA) reported that England would not be able to send a strong enough squad. England are already committed…
Chinese health officials said Wednesday that two cold-chain storage workers in the port city of Tianjin were infected with Covid-19, as the country shifts focus to contaminated imports after a number of outbreaks linked to frozen food. Workers in hazmat suits were painstakingly screening food shipments across a country which…
Pfizer Inc and its group companies filed a petition in a US court against Aurobindo Pharma Ltd and Dr Reddy's Laboratories alleging that the Indian drug makers were planning separately to come out with generic versions of its blockbuster multi-billion dollar drug Ibrance (palbociclib) before expiration of its patent. Pfizer…
Former US President Barack Obama said that he has always held a special place for India due to his childhood years spent in Indonesia listening to the epic Hindu tales of the Ramayana and the Mahabharata. “Maybe it was its (India's) sheer size, with one-sixth of the world's population, an…