Sanofi drug to treat 'smoker's lung' clears trial, says report
Sanofi added its "bold" decision to go without earlier-stage clinical COPD trials had shaved years off the development time
Sanofi added its "bold" decision to go without earlier-stage clinical COPD trials had shaved years off the development time
TikTok has said it has spent more than $1.5 billion on what it calls rigorous data security efforts under the name "Project Texas"
The highest drop was in the private bank segment, from 2.8 per cent in Q2FY22 to 1.5 per cent in FY23-Q2
The vandalism by pro-Khalistan extremists at the Indian High Commission here was on Thursday raised in the House of Commons, with British MPs demanding action against "Khalistani hooligans" and the safety of India's diplomatic staff. While Conservative Party MP Bob Blackman called for a debate in Parliament to discuss steps to ban groups behind the violence, Opposition Labour Party MP Gareth Thomas asked the Leader of the House of Commons about the steps being taken to ensure there is "no repeat of such behaviour". Читать дальше...
Anil Agarwal-led Vedanta Ltd on Thursday said its board will next week consider and approve the fifth interim dividend for FY'23. The announcement comes days after Vedanta Resources which is a majority shareholder of Vedanta Ltd stating that it has enough means to meet debt repayment liabilities in the coming quarters as it looked to assuage investor concerns around its financial position. "The meeting of the board of directors of the company (the board) is proposed to be scheduled on Tuesday, March 28... Читать дальше...
The use of e-wallets for MF investments was allowed in 2017 to promote digitisation
Mohanty is already serving as the interim chairperson of LIC
The RBI conducts repo operations in order to infuse liquidity into the banking system
The Unique Identification Authority of India and state-owned Society for Electronic Transactions and Security on Thursday signed a pact to conduct joint research for the development of tools and products in deep tech domains, an official statement said. As part of the memorandum of understanding (MoU), both organisations will carry out joint research in deep tech and emerging tech areas like cyber security, IoT security, mobile device security, financial network slice security and hardware security, etc. Читать дальше...
No-frills airline IndiGo is expecting to fly 100-million passengers and is planning to have 350 aircraft in its fleet in the next fiscal, according to a presentation by the airline at the analysts/investors meet on Thursday. At the same time, the airline is looking to end the current fiscal with around 306 planes in the fleet with the passenger volume estimated at over 85 million. The number of destinations is expected to go up to 115, with around 10-15 destinations likely to be added in the network during the year... Читать дальше...
Fair-trade regulator Competition Commission of India (CCI) on Thursday said it has given approval under the green channel route to Abu Dhabi Investment Authority for acquiring a stake in Lenskart Solutions Pvt Ltd (LSPL). Under the green channel route, wherein a transaction, which does not raise any risk of an appreciable adverse effect on competition, is deemed to be approved on being intimated to the competition watchdog. The proposed transaction relates to the proposed acquisition of a certain... Читать дальше...
Some global players are pushing for a 50-50 equity structure, pointing out that without such a split, most Chinese firms might not want to share their technology at all
Adani Power on Thursday said it has sold a 100 per cent stake in Support Properties Private Ltd (SPPL) to AdaniConnex Private Ltd (ACX) at an enterprise value of Rs 1,556.5 crore. "Parties to the proposed transaction (for which a binding memorandum of understanding had been signed earlier) have executed a Share Purchase Agreement and concluded the transaction," a BSE filing stated. Earlier in November last year, Adani Power had entered into a memorandum of understanding (MoU) to sell its 100 per... Читать дальше...
Morgan Stanley had filed a settlement application with the markets regulator in February 2022
Adani-Hindenburg saga may be discussed
Bets that US central bank has finished raising rates cushion markets
Following the DoPT order, the Department of animal husbandry and dairying had issued an order cautioning its employees of participating in the protests
Order will be in effect between 12-2 p.m on April 1
Justifying its stance, the ICEA in a presentation said the country had big global EMS players from Taiwan and the US, and home-grown players that could meet the requirements here
German luxury carmaker Mercedes-Benz plans to launch four new electric vehicles in India in the next 8-12 months to accelerate its electric mobility drive, Mercedes-Benz AG Head of Region Overseas Matthias Luehrs said on Thursday. The company expects 25 per cent of its total sales in India to come from electric vehicles in India by 2027. "We are very happy with the development of our EVs (electric vehicles) here in the Indian market with (models such as) the EQS and the EQB. We'll have four more... Читать дальше...
Sri Lanka has received USD 330 million as the first tranche of the IMF bailout programme, which will pave the way for the debt-ridden country to achieve better "fiscal discipline" and "improved governance," according to President Ranil Wickremesinghe. The International Monetary Fund (IMF) on Tuesday approved a USD 3 billion bailout programme to help Sri Lanka overcome its economic crisis and catalyse financial support from other development partners, a move welcomed by Colombo as a "historic milestone" in the critical period. Читать дальше...
Through the stories of four men and their business empires, Nandini Vijayaraghavan's book takes a hard look at the business environment and culture in India and the unpleasant reality of rivalries
As online publishing goes the same way that newspapers, television, and radio did, hyperlocal news apps are attracting investors
A Parliamentary panel has expressed concern about the financial health of General Public Sector Insurance Companies
India's politicians will have to place national interest ahead of electoral benefit to combat the emergence of the new Khalistan movement
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