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Amazon looks to disrupt healthcare by entering medical supplies marketplace

Amazon looks to disrupt healthcare by entering medical supplies marketplace

Amazon.com Inc. has global aspirations for its medical-supplies marketplace, according to a job listing posted on its website, highlighting the e-commerce giant’s sweeping ambitions to disrupt healthcare by selling products to hospitals, doctors and dentists and offering prescription drugs.

The world’s biggest online retailer is looking to hire someone to lead outreach to medical-products manufacturers and service providers, who will focus on building the business in the US and then expanding it globally, according to a new job post.

CBI books three Mumbai companies for banking fraud as SBI loses Rs 1.36 bn

CBI books three Mumbai companies for banking fraud as SBI loses Rs 1.36 bn

The CBI has registered three separate cases of banking fraud against three Mumbai-based companies for an alleged banking fraud that caused a cumulative loss of over Rs 1.36 billion to State Bank of India, officials said here today.

One of the cases is against Top Worth Pipes and Tubes Pvt. Ltd, its Directors Abhay Narendra Lodha, Shishir Shivaji Hiray, Harshraj Shantilal Bagmar, the then SBI officials AGM ThyagarajuInamanamelluri,

TCS gains 3% as Q1 profit beats Street estimate

TCS gains 3% as Q1 profit beats Street estimate

Shares of Tata Consultancy Services (TCS) rose 3% to Rs 1,928 per share on the BSE in early morning trade after the country’s biggest software services exporter posted a better-than-expected rise of about 23.5% year on year (YoY) and 6.3% quarter on quarter (QoQ) in first-quarter (Q1) net profit, helped by strong growth in its banking, financial services and insurance division (BFSI).

IRCTC orders enquiry into complaint on quality of food in Duronto Express

IRCTC orders enquiry into complaint on quality of food in Duronto Express

The Railway's food catering arm IRCTC has ordered an enquiry into a complaint by a passenger of the 12246 Yeswantpur-Howrah Duronto Express about the quality of food served to him in the train, an IRCTC official said on Tuesday.

IRCTC Group General Manager (east zone) Debasish Chanda said that there were, however, tweets by at least 23 passengers travelling by the same train that reached Howrah last evening stating that the quality and taste of the food served to them were good.

Axis Bank-led consortium puts Lanco hydel plant in Uttarakhand up for sale

Axis Bank-led consortium puts Lanco hydel plant in Uttarakhand up for sale

A consortium of lenders led by Axis Bank has put on sale a 76-megawatt (MW) hydropower project — operated by Lanco Mandakini Hydro Energy — in Rudraprayag, Uttarakhand, according to sources. At the end of September 2016, Lanco Mandakini’s debt stood at `785 crore. Lanco Mandakini Hydro Energy is a special purpose vehicle (SPV) promoted by the Lanco Group set up in 2006 in Dehradun.

LIC Housing Fin overall spreads to remain flat

LIC Housing Fin overall spreads to remain flat

LICHF has underperformed NIFTY by 48% and peer HFCs by 10-80% in last 12 months, due mainly to pressure on incremental spreads. Historically, LICHF has been more sensitive than peer HFCs to incremental mortgage spreads, leading to the larger de-rating.

FSSAI wants calorie count on restaurant menu to promote healthy habits

FSSAI wants calorie count on restaurant menu to promote healthy habits

India’s food regulator has asked restaurants to voluntarily print calorie counts on their menus to promote healthy eating habits, as is done in the west, but they say it will be a challenge as recipes are not standardised and ingredient quantities keep changing.

The authority has also asked e-commerce and retail companies to promote healthy options such as fortified foods on their landing pages and checkout counters.

Reliance zeroes in on last-mile delivery & customer experience to out-do Flipkart, Amazon

Reliance zeroes in on last-mile delivery & customer experience to out-do Flipkart, Amazon

NEW DELHI: Reliance Industries has identified last-mile delivery as the biggest challenge for its planned online marketplace venture and will focus on nurturing this aspect of the business, where rivals Flipkart and Amazon have asignificant head-start, sources said.

Tata Motors to invest $1 billion into passenger vehicle business over three years

Tata Motors to invest $1 billion into passenger vehicle business over three years

Tata Motors will invest $1 bln -- its biggest ever investment in the passenger vehicle business --- in the next three years as above average growth spurs demand for newer cars. Mumbai-based Tata will spend $1 bln after the board approved its mid-term business plan recently which includes investments, people in the know said.

Sensex reclaims 36,000-mark in early trade ahead of key earnings

Sensex reclaims 36,000-mark in early trade ahead of key earnings

The benchmark Sensex advanced by over 200 points to reclaim the 36,000-mark in early trade on Tuesday led by gains on IT, realty and capital goods counters, ahead of key quarterly results scheduled later in the day.

The 30-share index rose for the third straight day by gaining 203.87 points, or 0.57%, at 36,138.59 in early trade.

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