Read more about Franklin Templeton moves to calm Indian investors after new debt fund ban on Business Standard. SEBI barred Franklin from launching any new debt schemes for two years after a probe into its sudden closure of six credit funds last year found serious lapses and violations
Read more about Eli Lilly memo says firm did not make false statements to FDA on Business Standard. (Reuters) - A week before Eli Lilly disclosed to regulators that the U.S. Justice Department was investigating its New Jersey factory, the drugmaker told employees that its own inquiry, led by an outside law firm, found no evidence of wrongdoing
Read more about China s imports up 51% yoy in May, grow at fastest pace in a decade on Business Standard. Exports in dollar terms grew 27.9% in May from a year earlier, slower than the 32.3% growth reported in April and missing analysts forecast of 32.1%
Read more about Onward Technologies incorporates wholly owned subsidiary in Amsterdam on Business Standard. This subsidiary has been set up for expanding the company s footprint to carry out the business of engineering designing and IT services in Netherlands.
Private companies in the US added 978,000 jobs in May, which marked the biggest gain in 11 months and indicated a continued labour market recovery amid the Covid-19 pandemic, according to a report. The service-providing sectors added 850,000 jobs in May, the report released on Thursday by the payroll data company Automatic Data Processing (ADP) in collaboration with Moody s Analytics, said. The leisure and hospitality sectors added 440,000 jobs, the education and health services sectors added 139,000, while the trade, transportation and utilities sectors added 118,000, Xinhua news agency quoted the report as saying. The information sector, however, lost 3,000 jobs in the month, it added. Private payrolls showed a marked improvement from recent months and the strongest gain since the early days of the recovery, said Nela Richardson, chief economist at ADP.