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JB Chemicals to acquire brands from Sanzyme for Rs 628 crore

New Delhi, Jan 27 (PTI) JB Chemicals and Pharmaceuticals Ltd on Thursday said it will acquire brands for the Indian market from Sanzyme Pvt Ltd, a player in the probiotics and reproductive health segment, for Rs 628 crore.The brands to be acquired include those in the probiotics portfolio and reproductive health segment of Sanzyme, the [...]
Torrent Pharmaceuticals shares tumble nearly 17% after Q3 earnings

Torrent Pharmaceuticals shares tumble nearly 17% after Q3 earnings

New Delhi, Jan 27 (PTI) Shares of Torrent Pharmaceuticals on Thursday tumbled nearly 17 per cent after the company's consolidated net profit declined by 16 per cent for the third quarter ended December 2021. The stock tanked 16.40 per cent to Rs 2,642.05 on the BSE. At the NSE, it tumbled 16.61 per cent to [...]

Snowman Logistics PAT falls 42% to Rs 83 lakh in Dec qtr

Mumbai, Jan 27 (PTI) Temperature-controlled logistics firm Snowman Logistics on Thursday reported about a 42 per cent year-on-year drop in profit after tax (PAT) to Rs 83 lakh for the December 2021 quarter.Snowman Logistics had posted a profit of Rs 1.42 crore in Q3 FY21, the company said in a statement.The revenue in the quarter [...]

THE NEW WORLD-CLASS FACILITY FOR WHIRLPOOL CORPORATION’S GLOBAL TECHNOLOGY AND ENGINEERING CENTER IN PUNE

• Comprising of state-of-the-art research and development facilities, GTEC aims to deliver product leadership through world-class innovations • Reinforces Whirlpool's commitment to improve people's everyday lives through purposeful innovation PUNE, India, Jan. 27, 2022 /PRNewswire/ -- Whirlpool Corporation announced the relocation to a new facility in Pune for the Global Technology & Engineering Center (GTEC) [...]

Star Air Celebrates 3 years of Connecting Real India

BENGALURU, India, Jan. 27, 2022 /PRNewswire/ -- On the 25th of January 2022, Star Air, part of Sanjay Ghodawat Group, celebrated its 3rd year of Connecting Real India. As one of India's fastest-growing regional airline, the last 3 years have proven to be the most rewarding years for Star Air. With important milestones achieved, it [...]

Indian Marketers Rank Mobile and Social Media as Top Priorities for 2022 but Ad Fraud Remains a Huge Challenge, Integral Ad Science study finds

• 77% of marketers prioritising mobile, 71% social media • Ad fraud is a key concern across mobile (78%) and social media (86%) environments • Third-party verification important to ensure quality of mobile (72%) and digital audio (68%) inventory NEW DELHI and MUMBAI, India, Jan. 27, 2022 /PRNewswire/ -- Integral Ad Science (Nasdaq: IAS), a [...]

Raymond shares jump over 4% after strong Dec qtr earnings

New Delhi, Jan 27 (PTI) Shares of Raymond Ltd on Thursday gained over 4 per cent after the company reported a multifold jump in its net profit at Rs 101.07 crore for the third quarter ended December 2021. The stock jumped 4.37 per cent to its 52-week high of Rs 818.25 on the BSE. At [...]

Bond yields may touch pre-pandemic levels of 6.8% this quarter

Mumbai, Jan 27 (PTI) Guiding towards hardening yields of the benchmark bonds to pre-pandemic levels of 6.4-6.8 per cent this quarter and the resultant faster policy normalisation, a report has said better risk pricing always results in better price discovery in the financial markets.Amid the Fed tapering talks, domestic yields have been steadily rising in [...]

Bill & Melinda Gates Foundation Appoints Board of Trustees – Four New Members Join Co-Chairs Bill Gates and Melinda French Gates to Shape Foundation Governance and Increase Impact

In inaugural foundation annual letter, CEO Mark Suzman reflects on evolution of foundation's governance and work to fight poverty, disease, and inequity globally SEATTLE, Jan. 26, 2022 /PRNewswire/ -- Today, the Bill & Melinda Gates Foundation appointed a board of trustees, with Strive Masiyiwa, Baroness Nemat (Minouche) Shafik, Thomas J. Tierney, and Gates Foundation CEO [...]
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