by PTI News | Jan 21, 2022 | 12:24 pm | Corporate Action, News
Mumbai, Jan 21 (PTI) Aviation firm Modair said on Friday it has set up a tech-enabled air logistics company Modair Express to cater to the cargo market, connecting Tier-II and Tier -III towns with the key cities across the country.Making same day delivery feasible, the newly launched company is a multi-phased project to ensure maximum [...]
by PTI News | Jan 21, 2022 | 12:09 pm | Corporate Action, News
New Delhi, Jan 21 (PTI) Clinical beauty tech startup Toothsi on Friday said it has raised USD 9 million (over Rs 65 crore) in a debt funding round led by Stride Ventures.The company, which offers at-home smile makeover services, such as dental alignment, said it plans to invest in technological advancements, geographical expansion and brand [...]
by PTI News | Jan 21, 2022 | 11:29 am | Corporate Action, News
New Delhi, Jan 21 (PTI) Drug firm Laurus Labs on Friday said it has inked a pact with Geneva-based MPP (Medicine Patient Pool) for manufacturing the oral COVID-19 antiviral medication molnupiravir. "We are happy to sign an agreement to manufacture the oral COVID-19 antirviral medication, which is an urgent need of the hour, this is [...]
by PTI News | Jan 20, 2022 | 10:01 pm | Corporate Action, News
Mumbai, Jan 20 (PTI) Domestic rating agency Icra Ratings Thursday revised the asset under management (AUM) growth outlook of retail non-banking financial companies (NBFCs) to 5-7 per cent for the fiscal 2022 from an earlier expectation of 8-10 per cent. In the first half of FY2022, retail NBFCs grew by less than one per cent. [...]
by PTI News | Jan 20, 2022 | 9:31 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Biophore India Pharmaceuticals on Thursday said it has received licences from Medicines Patent Pool (MPP) on behalf of originator company MSD to manufacture and market molnupiravir for treatment of COVID-19 and will launch in India next week priced at Rs 1,500 for a pack of 40 capsules. The licences are [...]
by PTI News | Jan 20, 2022 | 9:23 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Retail giant Walmart on Thursday said it is inviting select Indian sellers to join Walmart Marketplace, a curated sellers community that serves more than 120 million US shoppers each month. India is already one of the top sourcing markets for Walmart and the retail major has set an ambitious goal [...]
by PTI News | Jan 20, 2022 | 9:06 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) A former independent director of UFO Moviez India Ltd on Thursday settled a case of alleged insider trading with markets regulator Sebi by paying over Rs 21 lakh. The amount includes settlement charges, disgorgement of illegal gains and interest amount. S Madhavan was alleged to have traded in the scrip [...]
by PTI News | Jan 20, 2022 | 7:58 pm | Corporate Action, News
Mumbai, Jan 20 (PTI) The Reserve Bank has approved the appointment of former Comptroller and Auditor General (CAG) Vinod Rai as the chairman of Unity Small Finance Bank, which began operations last November with its first branch in the city. Rai, after his retirement as the CAG, headed the Banks Board Bureau, the body that [...]
by PTI News | Jan 20, 2022 | 7:51 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Nestle India on Thursday said it has "already withdrawn" from the market packs of its popular chocolate brand Kitkat which depicted images of Lord Jagannath, Balabhadra and Mata Subhadra on wrappers. Nestle India, the Indian subsidiary of the Swiss multinational FMCG giant Nestle, had to face on social media the [...]
by PTI News | Jan 20, 2022 | 6:59 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Haryana Real Estate Regulatory Authority, Gurugram on Thursday signed an MoU with Jupitice Justice Technologies for complete digitalisation of consumers complaint redressal system. The authority and Jupitice Justice signed a memorandum of understanding (MoU) in the regard, according to a statement. The MoU was signed in Gurugram in the presence of KK [...]
