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Home  Business

Business

Pharma PLI scheme to reduce India’s dependence on API imports: Report

Pharma PLI scheme to reduce India’s dependence on API imports: Report

  • Jim Whitehurst steps down as IBM president in just 14 months

    After IBM bought Red Hat in 2018 for $34 billion, Ginni Rometty stepped down as CEO and Krishna took over.
  • Bring petrol under GST regime, FKCCI appeals to FM

    In addition to this, the FKCCI demanded that the banks and financial institutions should not insist for additional collateral security while providing stimulus to other economic sectors such as garment, hospitality, education etc.
  • Fuel price rise paused, retail rates unchanged on Saturday

    Across the country as well the fuel prices remained unchanged on Saturday. Fuel prices were last revised upwards on Friday.
  • Wage increase, attrition rise to impact IT industry’s margin: HDFC Securities

    HDFC Securities has maintained a positive outlook for the industry.
  • Government spending grew 2% YoY in FY21: MOFSL

    In FY21, India's real GDP contracted 7.3 per cent marking the worst fall in the past seven decades.
  • Phase 3 trial data shows Covaxin to be 77.8% effective against Covid-19

    Efficacy data also demonstrates 65.2 per cent protection against the SARS-CoV-2, B.1.617.2 Delta variant, the company said in a statement while announcing its phase 3 data analysis.
  • Office spaces supply jumps 75 per cent annually

    New office space supply stood at 14.38 million sq ft during January-June 2020 across seven cities -- Delhi-NCR, Mumbai, Bengaluru, Pune, Kolkata, Hyderabad and Chennai.
  • LIC Housing Finance slashes home loan rates to 6.66 pc

    The revised rates, valid till August 31, 2021, will be offered to new salaried individuals
  • Clarifications on FDI in e-commerce sector soon: Piyush Goyal

    The Industry Minister said the ministry is not changing any policy on e-commerce for foreign direct investment as the policy is crystal clear
  • Securities Appellate Tribunal stays Sebi ban on Franklin Templeton’s head

    Sebi, last month, had imposed a market ban on Franklin Templeton's Asia Pacific head Vivek Kudva and his wife Roopa for redeeming units of Franklin Templeton MF schemes while in possession of non-public information
  • Madan takes additional charge as NTPC Southern regional executive director

    A graduate in mechanical engineering from Bhopal University, Sanjay Madan joined NTPC as executive engineer trainee in 1983
  • British Council sells IELTS business in India to IDP

    From August, all IELTS tests in India will be delivered by IDP
  • WE Hub, RMC hand over 66 sanction letters to women entrepreneurs

    Project was kickstarted to ground 500 micro enterprises led by businesswomen by inculcating digital literacy and financial inclusion with SBI handing over the letters
  • Cigniti Technologies opens office in Singapore

    Extends its global footprint in the Asia Pacific region to meet the growing digital transformation needs of enterprises based in the region
  • RBI red flags concerns around big tech in financial services

    RBI's Financial Stability Report for July also noted that big tech offers a wide range of digital financial services and has a substantial footprint in the payment systems, crowdfunding, asset management
  • Apple to release 10.86-inch OLED iPad in 2022: Report

    The report goes into some specifics. For example, the 2022 iPad will have a 10.86-inch screen, which is coincidentally the same size as the current iPad Air, citing The Elec, GSMArena reported.
  • Edtech firm Unacademy elevates Vivek Sinha as COO

    In his new role, Sinha will lead the business verticals of Test Preparation (India Business), K-12, and Careers.
  • Branson aims to beat Bezos in space race on July 11

    Virgin Galactic confirmed Branson's flight on July 11 alongside four mission specialists and two pilots, the Verge reported on Thursday.
  • Virgin Galactic’s next spaceflight has a Telugu wing

    With this, Sirisha, currently the Vice President, Government Affairs at Virgin Galactic, will be the second Indian-born woman to reach space after Kalpana Chawla.
  • 82-year-old trailblazing woman pilot to go to space with Jeff Bezos

    Wally Funk, who is one of the 13 women who passed NASA’s astronaut training program in the 1960s, will be aboard the July 20 launch from West Texas, flying in the capsule as an “honored guest.”
  • Zydus Cadila gets USFDA nod to market HIV infection treatment tablets

    The drug will be manufactured at the group's formulation manufacturing facility at SEZ, Ahmedabad.
  • Hyderabad-based Laurus Labs receives licence to manufacture 2DG

    2DG has been given emergency approval by the Drug Controller General of India (DCGI) for the treatment of Covid-19 patients in the country.
  • LG set to post strong Q2 earnings on home appliance business

    The South Korean tech company was projected to log 17.6 trillion won (US$15.5 billion) in sales in the April-June period, up 37 percent from a year earlier, while its operating profit was estimated
  • Rupee slumps 20 paise to 74.75 against US dollar in early trade

    Global oil benchmark Brent crude futures fell 0.05 per cent to USD 75.80 per barrel.
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