New Delhi, Apr 26 (PTI) Biocon Biologics Ltd on Tuesday said its subsidiary has bagged a three-year contract, valued at USD 90 million (around Rs 688 crore), from the Malaysian government for the supply of recombinant human insulin brand Insugen. Biocon Sdn Bhd has been awarded the three-year contract by Ministry of Health (MoH), Malaysia. [...]
New Delhi, Apr 25 (PTI) Having issued over 21 lakh cards since lifting of curbs last year, the country's largest private sector lender HDFC Bank is planning to launch a slew of digital initiatives over the next few quarters, a top official said. The Reserve Bank had barred HDFC Bank from issuing new credit cards [...]
New Delhi, Apr 25 (PTI) Private sector lender Yes Bank Ltd has moved National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Zee Learn, according to a regulatory filing. The company said that Yes Bank Ltd has allegedly claimed that the total amount in default with respect to a financial facility is Rs [...]
New Delhi, Apr 25 (PTI) OMRON Healthcare India, a leading player in digital home blood pressure monitoring segment, on Monday said it has appointed Kotaro Suzuki as its new Managing Director. Prior to this assignment, Suzuki has served in numerous senior leadership roles, including domestic and overseas sales, corporate strategy planning, product planning, across varied [...]
New Delhi, Apr 25 (PTI) Appellate tribunal NCLAT has directed not to take any "further steps" in pursuance with an order passed by the National Company Law Tribunal directing to initiate insolvency proceedings against realty firm Santasha Real Estate. The New Delhi bench of the National Company Law Tribunal (NCLT) had on March 29, 2022 [...]
New Delhi, Apr 25 (PTI) Steel major JSW Steel on Monday denied participating in the bidding process to acquire state-owned helicopter services provider Pawan Hans. Recently, a media report quoting sources said that the company has submitted a bid to buy Pawan Hans, JSW Steel informed the stock exchanges. "The [...]
With increasing penetration of digital transaction in the country, largest lender SBI on Monday issued a set of advisories for its customers to avoid getting duped from frauds. SBI said users should never disclose passwords to anyone as well as disable 'auto save' or 'remember' function in their devices to avoid storing of data, among [...]
Mumbai, Apr 25 (PTI) Zypp Electric, which operates in the last-mile space, on Monday said it has raised USD 1 million (about Rs 7.6 crore) in debt funding from Northern Arc to expand its electric vehicle (EV) fleet services as it is looking to deploy 1.5 lakh e-scooters in the country over the next three [...]
Mumbai, Apr 25 (PTI) TCS on Monday said it has signed a deal with SBI Card that will help digitalise and transform online onboarding processes of the latter's customers and will further enable the client to expand its e-card issuance. It, however, did not disclose value of the deal. TCS has been serving the largest [...]
New Delhi, Apr 25 (PTI) Natural farming is the need of the hour as the cost of production of foodgrain has increased due to the use of chemicals and fertilisers, NITI Aayog CEO Amitabh Kant said on Monday. Addressing the 'National Workshop on Innovative Agriculture' organised by NITI Aayog, Kant further said India is now [...]