New Delhi, Jan 6 (PTI) Pharmaceuticals firm MSN Group on Thursday said it will launch its generic anti-COVID-19 pill Molnupiravir under the brand 'Molulow' in India. The group is all set to launch the generic Molnupiravir 200 mg capsules and it is being manufactured at its USFDA and MHRA accredited facility based out of Hyderabad, [...]
New Delhi, Jan 6 (PTI) Jio users can now set standing instructions for auto-debit for their tariff plans through UPI after a tie-up between the telecom player and NPCI.National Payments Corporation of India (NPCI) and Jio in a joint announcement on Thursday said UPI AUTOPAY has now been introduced for the telecom industry with Jio.This [...]
New Delhi, Jan 6 (PTI) Simpl, a pay-later platform, on Thursday said it has secured an asset-based facility from Franklin Templeton, Finuvo LLC and Catalina Finance to fund the rapid growth of its one-click pay-later offering. "The funding line will support close to USD 1 billion in annual payment volume," said the buy-now-pay-later platform in [...]
New Delhi, Jan 6 (PTI) Reliance Retail has bought a 25.8 per cent stake in Dunzo, India's leading quick commerce player, for USD 200 million (around Rs 1,488 crore) as it looks to expand its presence in online grocery delivery business. Dunzo has raised USD 240 million (about Rs 1,787 crore) in its latest funding [...]
New Delhi, Jan 6 (PTI) IRB Infrastructure Developers on Thursday said its wholly-owned arm has executed a concession pact with Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for the Rs 6,555 crore 'Ganga Expressway’ project in the state. The total length of the project is 129.7 km, IRB Infrastructure said in a filing to BSE. [...]
Mumbai, Jan 6 (PTI) APM Terminals Pipavav has secured a new weekly service, connecting Jebel Ali Port to Sohar, Nhava Sheva, Pipavav and Mundra Port, which will ease the supply network between India and the Gulf, the private port operator said on Thursday. The first vessel for the service arrived at APM Terminals Pipavav on [...]
New Delhi, Jan 6 (PTI) Czech automaker Skoda aims to treble its sales in India this year over 2021, on the back of new product launches and enhanced the number of customer touchpoints across the country, a senior company official said on Thursday.With its mid-size SUV Kushaq receiving a robust response, the company ended 2021 [...]
New Delhi, Jan 6 (PTI) B2B e-online marketplace IndiaMART on Thursday said it has invested about Rs 133.5 million via its wholly-owned subsidiary Tradezeal Online Pvt Ltd to acquire a 26.01 per cent stake in EasyEcom. Edgewise Technologies - under the brand name 'EasyEcom' - offers AI-driven omnichannel inventory and warehouse management solutions to merchants. [...]
New Delhi, Jan 6 (PTI) Tata Starbucks on Thursday announced entry into six new markets as part of its expansion into smaller cities in India. With these new additions, the company now operates 252 Starbucks stores in 26 cities. It is entering into -- Siliguri, Nashik, Guwahati, Thiruvananthapuram, Goa and Bhubaneswar -- a company statement [...]
New Delhi, Jan 6 (PTI) Samco Mutual Fund, a new player in the Rs 38 lakh crore MF industry, on Thursday announced the launch of its first fund offering-- Samco Flexi Cap Fund -- through which it is targeting to mop up Rs 5,000 crore. The new fund offer (NFO) will open on [...]