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PharmEasy to acquire controlling stake in diagnostic chain Thyrocare in deal worth Rs 4,546 crore

The transaction, which is significant because an entrenched player is getting acquired by a start-up, will also see a subsidiary of API making an open offer to acquire an additional 26% stake in the listed Thyrocare, the stat

Velumani will be separately acquiring a minority non-controlling stake of less than 5% in API as part of a series of equity investments by existing and new investors of API.

DHFL resolution: Consider Wadhawan’s offer, NCLT tells lenders

Later, the regulator superseded DHFL’s board and referred it to NCLT for resolution. DHFL has admitted claims of Rs 87,120 crore.

The lenders' stand that his offer cannot be accepted as he was facing criminal proceedings cannot be used as a justification to cause an avoidable loss of over Rs 50,000 crore, Wadhawan said.

Outlook negative: Fitch Ratings affirms BBB- rating for India, says recent Covid-19 surge may delay GDP recovery

Fitch forecasts a 12.8% recovery in GDP in the fiscal ending March 2022 (FY22), moderating to 5.8% in FY23, from an estimated contraction of 7.5% in FY21.

fitch ratings

Andhra Pradesh Panchayat Election 2021: Voting and result for fourth phase polls tomorrow – All you need to know

Andhra Pradesh Panchayat Election 2021: The voting will take place to elect 2,743 sarpanch and 22,423 ward members. 

Andhra Pradesh Panchayat Election 2021 Fourth phase voting

Gujarat Municipal Election 2021: Voting for six corporation tomorrow; all you need to know

Gujarat Municipal Election 2021: A total of 47,695 booths will be set up for the polls.

Gujarat Municipal Election 2021

West Bengal Election: Deploy police personnel at all political rallies, Kolkata Police Commissioner tells OCs

Kolkata Police Commissioner Anuj Sharma gave the instructions during a meeting with senior police officers at Alipore Bodyguard Lines.

Kolkata Police Commissioner Anuj Sharma

Delhi Violence: 22 FIRs registered; over 80 police personnel injured during clashes with farmers

Delhi violence: The farmers at the Gazipur border broke through the barricades at several points and headed for ITO, where they were joined by the farmers who had come from the Singhu border.

Tractor rally violence FIR

Covid-19: India kicks off vaccine drive; 60 lakh doses of Covishield leave Serum’s Pune facilities

Coronavirus Vaccine Latest Update India: Around 56.5 lakh doses were despatched by air while the remaining consignments, to Mumbai and other parts of Maharashtra, were sent by road accompanied by police escorts.

The delivery of the first batch of vaccines will be completed by Thursday, Union health secretary Rajesh Bhushan said.

Relief for West Bengal! Mamata Banerjee govt caps RT-PCR Covid test rate at Rs 950

The RT-PCR test is considered the gold standard for detecting the status of Covid-19 infection.

A total of 3 crore healthworkers from across the country are expected to be vaccinated in the first phase vaccination drive.

Trade Winds: RCEP pact clinched, seen as coup for China; India may join later

It is expected to give a fillip to the partner economies by reducing tariffs, strengthening supply chains with defined rules of origin, and framing of new e-commerce rules.

The Regional Comprehensive Economic Partnership, or RCEP, was signed virtually on Sunday on the sidelines of the annual summit of the 10-nation Association of Southeast Asian Nations.

China bans entry of flyers from India, no entry for valid visa holders over coronavirus

The note, posted on the website of the embassy, clarified that foreigners holding Chinese 'diplomatic, service, courtesy and C visas are not affected.'

china, china ban, china travel ban, India, Britain, coronavirus, covid updates, corona update, corona travel ban, china coronavirus

COVID-19 Vaccine Updates: रूस ने दूसरी वैक्सीन को दी मंजूरी; चीन ने छात्रों के लिए शुरू किया वैक्सीनेशन

दो महीने पहले भी रूस ने कोरोना वायरस के एक टीके को मंजूरी दिया था.

russia approved second covid 19 vaccine china offers to students

When will Oxford AstraZeneca COVID-19 vaccine trial in India resume? Here’s what Serum Institute says

The Serum Institute of India said, "Once DCGI (Drugs Controller General of India) gives us permission to restart the trials in India, we will resume the trials."

oxford covid vaccine india

New Zealand: Five dead, others missing in eruption of White Island volcano

Police later said one person had been confirmed killed. Ardern said at an afternoon news briefing that people who were injured in the eruption were being transported to shore. She said the incident appeared to be "very signif

volcano, volcano eruption

RCom, lenders say Anil Ambani, directors can’t step down

The CoC has asked the resolution professional (RP) to convey to RCom’s directors they should continue with their duties and responsibilities as directors and cooperate in the insolvency resolution process at least till its

Anil Ambani

Sebi moves on standstill pacts, says they are illegal

The Sebi chief was also of the view that sophisticated investors like MFs should not completely depend on credit rating agencies and should have their own way of assessing before taking a call.

SEBI, SEBI crackdown, fraudulent trading activity, market news, Last Traded Price, LTP

Tata Motors exploring partnerships for Jaguar and Land Rover

Tata Motors chairman N Chandrasekaran on Tuesday said that the company is examining various options around its UK-arm Jaguar and Land Rover (JLR), which has been hit by volume slowdown and mounting losses.

Infosys beats estimates but lowers revenues forecast for FY 20

The company lowered its revenue forecast for FY20 to 7.5%-9.5% in constant currency from 8.5%-9.0% in FY19.

Brexit: After “grave” defeat, PM Theresa May says Britain is running out of options

"I fear we are reaching the limits of this process in this House"

brexit latest, brexit news, brexit deal, brexit update

Axis Trustee, IndusInd invoke 15.6% pledged shareholding in RCom

RCom accused L&T Finance and Edelweiss Group of illegally invoking pledge of listed shares leading to a 55% drop in market capitalisation in just four days.

Axis Trustee Services, Reliance Communications, Anil Ambani group, IndusInd Bank, RCom,  IndusInd Bank, BSE

Former IAS officer Shah Faesal launches political party in J&K

He said such moves had the potential to decimate the constitutional edifice of the country and the same needed to be stopped.

Progression in Indian Society: First transgender gets government job in Bhopal

Sanjana says it was her dream to create about among transgender community to join the mainstream society.

Transgender, Transgender in India, Govt job for Transgender, Transgender in Bhopal, Transgender in MP govt job, Sanjana Singh Transgender

Sarees with ‘Air Strike’ prints create buzz in Rajasthan’s Bhilwara

Earlier, the bravery of Wing Commander Abhinandan Varthaman made his rather characteristic gunslinger moustache with mutton chop beard style the talk of the town.

Balakot air strike, Bhilwara, Air Strike prints saree, Indian Air force, Air Strike sarees, PM Modi, Wing Commander Abhinandan Varthaman, gunslinger moustache, Abhinandan style, IAF pilot

Sensex scales near 6-month peak; boosted by return of foreign portfolio investors

The overseas investors have shopped Indian shares worth $3.7 billion since January, against the selling of $4.6 billion in 2018.

sensex, stock market, nse, bse

Four Indians among 157 killed in Ethopian Airlines crash

"There are no survivors onboard the flight, which carried passengers from 33 countries," said state-run Ethiopian Broadcasting Corporation, quoting an unidentified source at the airline.

Ethopian plane crash, ethopian airlines flight, Ethopian airlines flight to Nairobi, Ethopian plane crash toll, Ethopian plane crash news, latest news on Ethopian plane crash

Are these Home healthcare innovations the solution to India’s healthcare burden?

Increasing number of healthcare professional as well as healthcare infrastructure is a long term and high investment proposition.

health care, health industry

Women’s Day 2019: Meet Aanya Jindal, She Codes winner and the woman coder challenging male dominance in engineering

Women's Day, Successful Women Coder in India: Aanya has been hooked to coding ever since she joined college in 2015. Inspired by her friends, she took up coding and has since participated in coding competitions.

International Day 2019, Womens Day 2019
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