by PTI News | Feb 28, 2022 | 9:18 pm | News
Mumbai, Feb 28 (PTI) Aggregate sales of 1,701 listed manufacturing companies recorded a growth of 27.3 per cent in the third quarter of 2021-22 on an annual basis, aided by high sales growth in petroleum, non-ferrous metals, iron and steel, chemicals and textiles industries, according to RBI data released on Monday. RBI released the data [...]
by PTI News | Feb 28, 2022 | 9:17 pm | News
Mumbai, Feb 28 (PTI) Air India Express, the low-cost international budget arm of Air India, has said it is operating a flight to Bucharest in Romania to fly back the Indian evacuees from war-torn Ukraine. Air India Express flight, IX-1201, which departed from the city's Chhatrapati Shivaji Maharaj International Airport at 1.50 pm on Monday, is [...]
by PTI News | Feb 28, 2022 | 9:09 pm | Economy, News
New Delhi, Feb 28 (PTI) The PM Gati Shakti initiative will facilitate last mile connectivity and kick start a virtuous cycle of private and public investment which will have a multiplier impact on the economy, Commerce and Industry Minister Piyush Goyal said on Monday. The PM Gati Shakti - National Master Plan was announced last [...]
by PTI News | Feb 28, 2022 | 9:00 pm | Corporate Action, IPO, News
New Delhi, Feb 28 (PTI) In one of the largest deals in the pharma and healthcare space, Biocon on Monday said its subsidiary Biocon Biologics will acquire Viatris Inc's biosimilars business for up to USD 3.33 billion (about Rs 24,990 crore). Biocon Biologics has entered into a definitive agreement with Viatris Inc to acquire its [...]
by PTI News | Feb 28, 2022 | 8:59 pm | Corporate Action, News
Kolkata, Feb 28 (PTI) In its bid to take full management control of city-based dry cell battery major Eveready Industries India Ltd, the Burmans of the Dabur family on Monday made an open offer for an additional 26 per cent of shares at Rs 320 per scrip. The mandatory open offer under the takeover regulations [...]
by PTI News | Feb 28, 2022 | 8:59 pm | News
New Delhi, Feb 28 (PTI) Tech Mahindra plans to work with 1,200 clients for its newly-launched metaverse business and deploy about 1,000 engineers in about a year for the development of technology, a top official of the company said on Monday. The metaverse division of the company will work on developing and supporting immersive virtual [...]
by PTI News | Feb 28, 2022 | 8:58 pm | News
New Delhi, Feb 28 (PTI) Involving local communities in cross-border trade and reducing procedural bottlenecks in inland water transport will increase the potential of bilateral trade between India and Bangladesh, research firm CUTS International said on Monday. It also said the transboundary rivers of India and Bangladesh can generate opportunities for the local communities in [...]
by PTI News | Feb 28, 2022 | 8:57 pm | News
Moscow, Feb 28 (PTI) Russian President Vladimir Putin has no assets abroad, the Kremlin said on Monday, dismissing as "absurd and short-sighted" the personal sanctions slapped on him by the US and its Western allies for ordering a full-fledged military offensive against Ukraine."He is quite indifferent," Kremlin Spokesman Dmitry Peskov said when asked how Putin [...]
by PTI News | Feb 28, 2022 | 8:45 pm | Economy, News
Kathmandu, Feb 28 (PTI) India has signed an MoU with Nepal to supply chemical fertilisers to farmers in the Himalayan nation to overcome the recurring fertiliser shortage and boost their agricultural productivity, the Indian embassy said here on Monday.The Memorandum of Understanding (MoU), under which India will supply Urea and Di-ammonium Phosphate (DAP) fertilisers to [...]
by PTI News | Feb 28, 2022 | 8:39 pm | News
New Delhi, Feb 28 (PTI) Skoda Auto India on Monday said it has launched all-new Slavia with a price starting at Rs 10.69 lakh (ex-showroom), hotting up competition in the premium mid-size sedan segment. With Slavia, the company is aiming for a leadership position in the mid-size sedan segment which is currently dominated by the [...]
