New Delhi, Feb 14 (PTI) Investors' wealth plummeted by more than Rs 8.47 lakh crore on Monday as the stock market continued to be ravaged by weak global sentiments triggered by mounting tensions between Russia and Ukraine. The domestic market remained in the red for the second straight session after witnessing a massive sell-off on [...]
Mumbai, Maharashtra, India & Abuja, Nigeria – Business Wire India • Merck Foundation empowers African Women in the areas of Science and Technology through providing scholarships to more than 550 female doctors out of 1200 scholarships.• Merck Foundation launch annually “MARS Best African Woman Researchers Awards” to acknowledge women in science.• Merck Foundation works closely [...]
New Delhi, Feb 14 (PTI) Natco Pharma on Monday said its consolidated net profit increased by 27 per cent to Rs 80.4 crore for the third quarter ended December 31, 2021.The Hyderabad-based company had reported a net profit of Rs 63.4 crore in the October-December period of previous fiscal.Revenue from operations rose to Rs 560.5 [...]
Mumbai, Maharashtra, India (NewsVoir) Piramal Realty, the real estate arm of Piramal Group, announced the launch of its state-of-the-art Welltech homes at Piramal Aranya, Rani Baug, Byculla. These Welltech homes are fitted with evidence-backed innovative technology that nurtures well-being and enhances lifestyle to provide a transformative living experience. These apartments are designed to improve the [...]
Mumbai, Feb 14 (PTI) E-bike start-up EMotorad on Monday said it has acquired EV battery subscription platform Panine, which will help it strengthen its footprint in the electric vehicle (EV) charging segment, for an undisclosed amount. The acquisition allows EMotorad to offer Panine an international platform and reach for its battery technology, it said in [...]
New Delhi, Feb 14 (PTI) The Supreme Court on Monday sought a response from the Enforcement Directorate on a plea of Chander Prakash Wadhwa, jailed former chief financial officer (CFO) of Amrapali group of companies, challenging an order of the Allahabad High Court declining bail to him in a money laundering case. A bench comprising [...]
New Delhi, Feb 14 (PTI) Realty firm Parsvnath Developers Ltd on Monday reported a consolidated net loss of Rs 68.87 crore for the quarter ended in December. Its net loss stood at Rs 126.32 crore in the year-ago period. Total income rose to Rs 301.44 crore in the third quarter of this fiscal year from [...]
New Delhi, Feb 14 (PTI) Jet Airways, which is working to restart operations that were grounded nearly three years ago, will receive Rs 50 crore as inter-corporate deposit from a company owned by Jalan group for certain expenses. Murari Lal Jalan and Florian Fritsch consortium's resolution plan for the grounded carrier was approved by the [...]
New Delhi, Feb 14 (PTI) Glenmark Pharmaceuticals on Monday said its subsidiary has inked a pact to commercialise AstraZeneca's asthma drug Pulmicort Respules in the Colombian market.Glenmark Pharmaceuticals Colombia SAS and AstraZeneca Colombia have entered into an exclusive licensing agreement for the commercialization of AstraZeneca's Pulmicort Respules, the Mumbai-based drug maker said in a statement.Under [...]
Indian conglomerate Vedanta on Monday said it has signed a pact with electronics manufacturing services giant Foxconn to form a joint venture (JV) for manufacturing semiconductors in India. Vedanta is the first company to make the announcement to invest in semiconductor manufacturing after the government announced a Rs 76,000-crore programme to boost electronic chip and [...]
