Reliance industries

Reliance Retail acquires majority stake in Netmeds for Rs 620 cr

This investment represents around 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries, Tresara Health Private Limited, Netmeds MarketPlace Limited and Dadha Pharma Distribution Private Limited. Aug 19, 2020
Liu Xiaoming

Chinese firms hit by new import hurdles in India

Greater scrutiny of Chinese imports follows calls for boycotts from Indian nationalist groups linked to Prime Minister Narendra Modi's ruling party, angered by the killing of 20 Indian soldiers in the border clash in June. Aug 15, 2020
Amazon Prime Games

Amazon to launch online pharmacy in India | Details

The service, "Amazon Pharmacy", will offer both over-the-counter and prescription-based drugs, basic health devices and traditional Indian herbal medicines, the company said in a statement, without giving a timeline for the launch. Aug 14, 2020
US-Iran

US seizes Iranian fuel cargoes for first time: Report

US prosecutors filed a lawsuit last month to seize the gasoline aboard four tankers that Iran is trying to ship to Venezuela, the latest attempt by the Trump administration to increase economic pressure on the two US foes. Aug 14, 2020