News

Glenmark Pharma’s API arm files papers with Sebi to unlock value via IPO

MoneyControl Business News - 7 hours 43 min ago
Two years ago, Glenmark Pharmaceuticals had attempted to sell a minority stake in its API business to private equity funds but those plans did not fructify. Post the Q3FY21 results, the management indicated that API growth outlook remained strong for the next two-three years owing to a favourable demand-supply scenario.
Categories: Business News

Punjab CM Amarinder Singh expresses shock at mass shooting incident in US

Business Standard - 7 hours 58 min ago
Punjab Chief Minister Amarinder Singh expressed shock on Saturday at a mass shooting incident at a FedEx facility in Indianapolis in the US that killed eight people, including four Sikhs
Categories: Business News

MHA asks CAPFs to depute 25 doctors, 75 paramedics at DRDO's Covid hospital

Business Standard - 8 hours 5 min ago
Gujarat reported 8,920 fresh coronavirus cases on Friday, taking the state's tally to 3,84,688, while a record 94 patients died due to the infection
Categories: Business News

Tokyo Olympics will go on, but in name only as Covid-19 surges globally

Business Standard - 8 hours 5 min ago
In 1964, less than two decades removed from World War II, Japan used the Summer Olympics to showcase its astonishing recovery from a horrific defeat
Categories: Business News

Congress top brass meets virtually to discuss Covid-19 situation in country

Business Standard - 8 hours 6 min ago
Amid a steep rise in coronavirus cases, the Congress' top brass met virtually on Saturday and began deliberations on the steps needed to deal with the Covid-19 situation in the country
Categories: Business News

Economy in better shape than during 2020’s COVID-19 wave: CEA

Business News From Hindu - 8 hours 8 min ago
CEA Subramanian says uncertainty is much lower because of vaccination drive
Categories: Business News

From exporter of vaccine to importer: Priyanka Gandhi taks dig at govt

Business Standard - 8 hours 11 min ago
Amid unprecedented surge in Covid cases, Congress general secretary Priyanka Gandhi Vadra on Saturday attacked the government for exporting vaccine without having sufficient stock
Categories: Business News

Former Karnataka CM H D Kumaraswamy tests positive for coronavirus

Business Standard - 8 hours 11 min ago
Former Karnataka Chief Minister H D Kumaraswamy on Saturday said he has tested positive for coronavirus
Categories: Business News

Arunachal Pradesh reports 28 new Covid-19 cases in 24 hrs, tally at 16,948

Business Standard - 8 hours 11 min ago
At least 28 more people, including three security personnel, tested positive for Covid-19 in Arunachal Pradesh, which took the tally in the state to 16,948, a senior official said on Saturday
Categories: Business News

Veterans Unpacked | Biggest role of a CEO is to connect the dots and sometimes override the excel sheet, says Pawan Goenka

MoneyControl Business News - 8 hours 16 min ago
I believe that a leader must work for a superordinate goal, that becomes the reason to come to work every day and aligns and inspires the team, says Dr. Pawan Goenka
Categories: Business News

Do top economics journals hold women authors to higher standards than men?

Business Standard - 8 hours 22 min ago
Since 1990, women comprise "only 11 per cent of all authors published in top economic journals" even though they make up between 20-30 per cent of the total number of economists
Categories: Business News

Flipkart launches grocery services in Pune amid COVID-19 curbs

MoneyControl Business News - 8 hours 35 min ago
According to the new guidelines that remain in force until May 1, e-commerce deliveries of only essential goods—including online grocery—are allowed between 7:00 am and 8:00 pm.
Categories: Business News

ARK buys another $64 mn in Coinbase shares, sells $99.5 mn of Tesla shares

ET News - 8 hours 43 min ago
ARK on Friday bought 187,078 shares of Coinbase, which debuted on the Nasdaq earlier this week, in a purchase worth nearly $64 million at the day’s closing price of $342.
Categories: Business News

Sebi tells new PE and venture capital funds to keep it simple

ET News - 8 hours 43 min ago
The Securities & Exchange Board of India (Sebi) has asked several PE and VC applicants to “confirm whether any provision in the private placement memorandum (PPM) is with respect to activity/operations of innovative nature, i.e. not commonly practiced by the AIF industry.”
Categories: Business News

Lockdowns unlock bond market fears again, sending yields higher

ET News - 8 hours 43 min ago
Apprehensions about the economic cost of lockdowns, especially the fear that governments may borrow more to compensate for lower tax revenues, sent yields higher.
Categories: Business News

Bank credit records slowest rate of growth in 2020-21

ET News - 8 hours 43 min ago
Credit growth slowed further to 5.6% in the fiscal ended March 2021 compared with 6.1% reported in fiscal 2020, RBI data showed.
Categories: Business News

Brokerages maintain mixed views on Wipro post Q4 results

ET News - 8 hours 43 min ago
CLSA has maintained an ‘underperform’ rating on with a target price of Rs 450, revised up from Rs 440.
Categories: Business News

US lawmakers welcome India's move to increase FDI in insurance sector to 74 per cent

ET News - 8 hours 43 min ago
"We are very encouraged by the inclusion of a proposal to raise the limit on foreign direct investment in the Indian Insurance sector from 49 per cent to 74 per cent," Congressman Brad Sherman and Steve Chabot said.
Categories: Business News

India remains badly placed to tackle COVID spread: Fitch Solutions

ET News - 8 hours 43 min ago
After some success in curbing the virus considerably, India's economy had returned to functioning normally by the second half of 2020. "However, over recent weeks, the virus has started spreading rapidly, partly due to complacency on the social distancing measures and mask-wearing policies," Fitch Solutions said in a note.
Categories: Business News

Despite transatlantic 'love fest', EU charts third way in ties with US and China

ET News - 8 hours 43 min ago
But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: "We must push back on China together and show strength in unity."
Categories: Business News