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Blue Origin among 6 NASA picks for ‘tipping point’ space tech

Washington, Aug 9 (IANS) Amazon chief Jeff Bezos-owned Blue Origin is among the six companies NASA has selected for developing 10 “tipping point” technologies that have the potential to significantly benefit commercial space economy and…






US dollar declines amid trade tensions

New York, Aug 9 (IANS) The US dollar index decreased against most other major currencies as investors monitored the latest development of US-China trade conflicts. In late New York trading on Wednesday, the euro increased…




Cipla’s Q1 consolidated net profit up 5%

Mumbai, Aug 8 (IANS) Pharma major Cipla on Wednesday reported an increase of 4.86 per cent in its consolidated net profit during the first quarter (Q1) of 2018-19. According to the company, net profit during…




PhonePe raises Rs 452 crore from Flipkart Payments

Bengaluru, Aug 8 (IANS) Leading online payment system provider PhonePe raised Rs 452 crore from Flipkart Payments Ltd by allotting 21 lakh shares at a premium under a rights issue, said Chennai-based business intelligence platform…




Lupin Q1 profit falls 43% to Rs 203 cr

Mumbai, Aug 8 (IANS) Pharma major Lupin Limited on Wednesday reported a 43.4 per cent fall in its consolidated net profit at Rs 202.8 crore for the quarter ended June 30. The consolidated net profit…