Emcure stake buy: Pharma firm to acquire 20.42% in Zuventus for Rs 724.9 crore; full ownership to aid consolidation
Emcure Pharmaceuticals will acquire the remaining 20.42% stake in Zuventus Healthcare for ₹724.9 crore, making it a wholly-owned subsidiary. The board has approved the acquisition ...
Reducing acute dependence, countering China’s near monopoly: India readies Rs 5,000 crore scheme for rare earth minerals
India is looking to reduce its reliance on China for rare earth minerals with a Rs 3,500-Rs 5,000 crore scheme to boost domestic production. This ...
NTPC fundraising: Board clears Rs 18,000 crore bond, NCD plan; postal ballot to follow
NTPC Ltd’s board has approved raising up to Rs 18,000 crore through non-convertible debentures or bonds via private placement in the domestic market. The fundraising ...
Infrastructure order: Vishnusurya Projects wins SAIL Bokaro contract; Rs 23.57 cr order to be executed in 12 months
Vishnusurya Projects and Infra Ltd. has secured a ₹23.57 crore order from Gorantla Geosynthetics Ltd. for crucial upgrades at SAIL’s Bokaro unit. The project involves ...
Report: India’s economic rise must now translate into individual prosperity
India’s GDP has surged globally, yet per capita income lags, prompting a call for inclusive growth. A Llama Research report emphasizes shifting focus from macro ...
Trump revives threat to fire Fed Chair Powell; calls him ‘total and complete moron’
Donald Trump has once again publicly criticized Federal Reserve Chair Jerome Powell, calling for lower interest rates and even suggesting he might consider firing him. ...
Net direct tax collections dip 1.39% despite 5% rise in gross mop-up – Here’s why
India’s net direct tax collections experienced a slight decrease of 1.39% to Rs 4.59 lakh crore due to a significant surge in refund issuances, which ...
Exporters push for urgent shift to Chabahar port – Here’s what you need to know
Amidst the escalating Iran-Israel conflict, Indian exporters are considering shifting cargo operations from Iran’s Bandar Abbas port to the India-managed Chabahar port. This shift aims ...
Sebi gears up for use of AI, machine learning on Dalal Street
The Securities and Exchange Board of India, Sebi, is planning to introduce new guidelines. These guidelines focus on the responsible use of Artificial Intelligence and ...
Temporary relief? Sensex soars 1,046 points on foreign buying
Indian stock markets witnessed a significant surge on Friday. The Sensex jumped by 1,046 points, fueled by strong foreign fund inflows. The Nifty also rose, ...
