July sales have shown first signs of a gradual recovery, however, it will take some time to reach the pre-Covid levels, said Martin Schwenk, Managing Director & CEO, Mercedes-Benz India. The company said it was sticking to its upcoming launches.

We are cautiously optimistic as we witness early signs of a revival of customer sentiment. This is once again underlined by a satisfactory July sales, especially under current circumstances. This only shows there is a lot of pent-up demand in the market and wherever the situation has stabilised, we have seen demand gradually coming back, said Schwenk.

After Amazon India, Walmart-owned Flipkart is planning to enter the online pharmacy segment that has significant traction amid the Covid-19 pandemic, says a Times of India report.

Flipkart is building its own team internally for the e-pharmacy business. But it has also held early-stage partnership talks with PharEasy even as the Mumbai-based e-pharmacy firm is said to be in advanced discussions to acquire Bengaluru-based rival Medlife, the Times of India report said, quoting sources.

With more than 55,000 new cases reported in the last 24 hours, India's COVID-19 count on Tuesday crossed the 27 lakh-mark, while the death toll has crossed the 51,000-mark as well.

At 9:30 AM on this day, the COVID-19 tally in the country has reached 27,02,743 cases, which include 6,73,166 active cases; 19,77,780 cured, discharged, or migrated patients, and 51,797 deaths.

Union Home Minister Amit Shah was on Tuesday admitted to the All India Institute of Medical Sciences (AIIMS) hospital in New Delhi over post-COVID care. According to the latest updates, the Home Minister's medical condition is currently stable.

AIIMS Delhi released a press statement this morning which briefed the media regarding the Home Minister's medical condition and he was said to be comfortable and continuing his work from the hospital.

Two terrorists were killed on Tuesday (August 18) in a joint operation of CRPF (Central Reserve Police Force) and Police at Kreeri area of Baramullah district. One soldier also martyred in the encounter today taking the total number of martyred to four.

The operation which began on Monday (August 17) was put on hold during the night. One terrorist was killed in the encounter on Monday that broke out in Kreeri village of Baramullah district of North Kashmir.

Biocon chairperson Kiran Mazumdar-Shaw on Monday night said she tested Covid-19 positive.

I have added to the COVID count by testing positive. Mild symptoms and I hope it stays that way, tweeted the 67-year-old city-based biotech queen Shaw.

The Union Ministry of Human Resource Development (MHRD) has been officially renamed as the Ministry of Education after President Ram Nath Kovind on Monday gave his approval to the change. On this day, a gazette notification was published, announcing that President Kovind had given his assent to change the name of the HRD ministry to the Ministry of Education.

The notification added that the heading Ministry of Human Resources Development stands substituted to the Ministry of Education.

An increasingly common mutation of the novel coronavirus found in Europe, North America and parts of Asia may be 'more infectious' but appears to be 'less deadly', according to a prominent infectious disease doctor.

Paul Tambyah, a senior consultant at the National University of Singapore and president-elect of the International Society of Infectious Diseases, said evidence suggests the proliferation of the D614G mutation in some parts of the world has coincided with a drop in death rates, suggesting it is less lethal.

In a bid to strengthen its e-commerce position, Reliance Industries (RIL) is in talks to acquire online furniture brand Urban Ladder and milk delivery platform Milkbasket, The Times of India reported.

According to the report, the discussion with Urban Ladder has been going on for the last few months and is now at an advanced stage. People close to discussion pegged the deal at around $30 million including further infusion in the business and earn-out for the management team.

Shares of NTPC rallied over 4 per cent on the BSE on Monday after the company reported a 5.87 per cent year-on-year (YoY) decline in its consolidated net profit at Rs 2,948.94 crore for the first quarter of the fiscal year 2020-21 (Q1FY21).

The company's revenue from operations slipped 2.57 per cent YoY to Rs 26,194.76 crore during the quarter under review.

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