Sector: All Sectors
New Royal Enfield Classic 350 Review: 2021 Royal Enfield Classic 350 does most things correct |
NEW DELHI: Waiting for the signal to turn green, a fellow motorist asked: ‘Did you retro-fit the digital instrument cluster on the Classic?’ I answered and raced away to an empty stretch. As the wind whistled through the helmet’s visor, I had a grin. An all-new motorcycle that resembles the old Classic – designers had … Read more
Exide exploring to enter into lithium-ion cell manufacturing. Already has a JV for technical know-how
Exide has informed that the Company is evaluating foray into lithium-ion (li-ion) cell manufacturing and is details on Govt’s recently announced Production Linked Incentive (PLI) scheme for such batteries. The scheme’s outlay of Rs 18,100 crore is intended to establish 50 Giga Watt Hour (GWh) of advanced cell chemistry and 5 GWh of niche advanced … Read more
AU continues to see key personnel exits. Bound to make investors nervous
March 3, 2021 – Nitin Gupta, Chief Auditor Officer resigns and eventually moves to Equitas Small Finance Bank July 14, 2021 – Alok Gupta, Chief Risk Officer resigns. Disclosed by the Company only on August 29, 2021 supposedly after their inability to try retain him back August 31, 2021 – Sumit Dhir, Head Internal Audit … Read more
Prosus makes $4.7 billion bet on online payments in India
Amsterdam-listed Prosus, which is majority owned by South African holding company Naspers Ltd., said its payments and fintech subsidiary PayU will pay 345 billion rupees, equivalent to $4.72 billion, for BillDesk in an all-cash deal. Prosus shares rose 5% Tuesday following the announcement. The acquisition will bring Prosus’s cumulative investment in Indian tech to more … Read more
Abbott introduces single-dose formulation of carbetocin in India
Drug major Abbott on Tuesday said it has launched room-temperature-stable, single-dose formulation of carbetocin in India to help in the prevention of postpartum haemorrhage (PPH). PPH refers to excessive blood loss of 500 ml or more after vaginal delivery and 1,000 ml or more after a caesarean procedure, within 24 hours of childbirth. Although preventable, … Read more
Supreme Court orders demolition of Supertech twin towers in Noida
Ordering the demolition of the 40-storey residential towers of Supertech in Noida, the Supreme Court on August 31 condemned the “dubious dealings” entered into by builders and authorities in metros across the country in brazen violation of the laws while showing scant concern about either the safety of the environment or the welfare of residents. … Read more