Jan 30, 2023 02:03 PM IST

Alkem Laboratories launches antibiotic medication for multiple drug resistance infections

The company's product Zidavi is a novel combination of ceftazidime & avibactam and is indicated for various ailments like complicated urinary tract infections.

Sun Pharma acquires three anti-inflammation brands from Aksigen

The company has acquired Disperzyme, Disperzyme-CD and Phlogam as part of the deal.

Air India says new software to facilitate real-time reporting of in-flight incidents

The Tata group-owned airline's announcement also comes against the backdrop of at least three incidents of unruly passenger behaviour on two international flights last year, for which aviation regulator DGCA had imposed penalties on the carrier for certain reporting lapses.

Coworking firm Smartworks forays into Ahmedabad; takes on lease 56,000 sq ft office space

The company in a statement said it has forayed into Ahemdabad market and has taken over 56,000 square feet of office space on lease at Nehru Nagar in Ahmedabad.

Tata Power ties up with Contour for digital trade finance network

Contour's network uses decentralised technology (blockchain) to bring together companies, banks and ecosystem partners, onto a trusted network, to help create a streamlined digital trade finance workflow, a statement said.

Strong show by Sona BLW, best proxy to ride the EV mega trend

The high-value, high-margin product portfolio likely to help the company outperform the industry

Apcotex: Is it time to chip in?

Apcotex faces increased competition in India from international peers, as freight costs have dipped significantly, leading to the disappearance of pricing advantage.

MC Insider: Curious mantra for tapping investors, an exclusive relationship between agency-clients and more

Temasek remains invested in Adani Ports, says report

Temasek 'remains invested in Adani Ports, as per their latest public shareholding disclosures', The Straits Times reported on Monday, citing a spokesman for the 49-year-old state-owned investor which has USD 496.59 billion in assets under management as of December 2022.

Adani's $2.5 billion share sale faces crucial day after rout

Seven listed companies belonging to the Adani conglomerate, which is led by Asia's richest man, saw sharp falls in their values after Hindenburg Research report last week flagged concerns about high debt levels and the use of tax havens.

Royalty payments to group companies needs stronger regulation to balance shareholder interests

Royalties are necessary but the present regulatory regime rely heavily on independent directors who aren’t sufficiently empowered to protect outside shareholders

Adani report fallout: Banking, LIC shares crack

The NSE Bank Nifty Index extended declines of the previous session, underperforming broader stock benchmarks. Bank of Baroda and State Bank of India were among the biggest decliners.

Toyota commences bookings of new diesel Innova Crysta

The model now comes with a 2.4-litre diesel powertrain mated with a five speed manual transmission across four trims.

Cipla: Sharp improvement in margins not likely to sustain

While the respiratory portfolio remains a significant part of the US portfolio, the peptides portfolio is a key watch in the near to medium term.

JSP to set up 100 bed multispeciality hospital in Jindal Nagar

JSP chairman Naveen Jindal and chairperson of JSP Foundation Shallu Jindal performed the Bhoomi Pujan and laid the foundation stone for Jindal Aarogyam Hospital on Thursday in the presence of local Chhendipada MLA Susanta Kumar Behera and Angul Municipality Chairman Akshaya Kumar Samant.

Congress seeks SEBI, RBI probe into Hindenburg charges against Adani Group

Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale.

DLF plans to launch in February Rs 7500 crore worth premium housing project in Gurugram

The company plans to develop around 1,100 apartments in this residential project, DLF Group Executive Director and Chief Business Officer Aakash Ohri told PTI.

VIP Industries Q3 FY23: Why this core portfolio stock needs to be on your radar

VIP's own-manufacturing strategy is positive for margins and the stock valuation is at a discount to the consumer universe

Heritage Foods: What lies ahead after a soft quarter?

Higher contribution from value-added products and operating leverage along with price hikes will lead to recovery in earnings

US FDA exempts Glenmark's Baddi plant due to drug shortage

The exception given to Glenmark's Baddi plant will be reconsidered if the market conditions change, the letter to the bourses stated.

Another great quarter for Dr Reddy’s, but is it sustainable?

EMs are expected to remain the chief driver of top-line growth, driven by chronic therapies and biosimilars

Pidilite: Why we stay neutral despite raw material tailwinds

Pidilite continues to focus on volume-led profitable growth. Higher raw material prices have impacted the profitability in the last 18 months which is now likely to change

Air India likely to seal half of jumbo plane order with Boeing today

After months of closely-guarded, tough negotiations, Air India is set to place an order for 190 Boeing 737 MAX narrowbody planes as well as some 20 Boeing 787s and 10 Boeing 777X on a day marking one year since Tata Group took control of the former state-run carrier, the sources told Reuters.

India inks pact with South Africa to bring cheetahs; 12 to arrive in February

The South African environment department in a statement on Thursday said the plan is to send 12 cheetahs every year for a decade. India has not released any statement in this regard so far.

Air India has made 'quite remarkable progress': CEO; airline finalising historic aircraft order

Listing out the major initiatives over the last one year, Air India said it is "finalising a historic order of new aircraft to power future growth".