Advent to buy majority stake in Bharat Serums
US-based private equity fund Advent International has signed a definitive agreement to acquire a majority stake in Bharat Serums and Vaccines, valuing the company at $500 million
Advent set to buy controlling stake in Bharat Serum
Kotak PE and OrbiMed together that hold 23% stake in Mumbai-based biopharma company Bhara...
Akash Missile: All about India’s first home-made supersonic missile
The nuclear-capable missile can fly at a speed of up to Mach 2.5 (nearly ...
Wait and watch in telecom, buy YES Bank if an aggressive investor: Sudip Bandyopadhyay
I would still advise caution as far as investors are concerned.
Air India, Bharat Petroleum Corporation to be sold by March: FM Nirmala Sitharaman
Sitharaman says the strategic sale of Air India and BPCL will be wrapped up by March
ESIC partners with PMJAY to provide medical facilities to beneficiaries
“ESIC has recently taken initiative viz. partnership with PMJAY – Ayushman Bharat to provide medical care to ESIC beneficiaries in 102 designated newly implemented districts,” labour minister Santosh Kumar Gangwar said while speaking at the 3rd graduation ceremony of ESIC dental college & hospital in New Delhi's Rohini.
Health index to reflect Ayushman Bharat progress
The central government is reviewing the two-year-old index by adding new benchmarks to ensure a more realistic picture. A senior government official told ET that the national health authority, the apex body responsible for implementing the flagship public health insurance scheme, plans to include the Pradhan Mantri Jan Arogya Yojana in the Niti Aayog health index.
Grant 3-year moratorium, extended timelines for payment of all dues: COAI to govt
COAI DG Rajan Mathews told that operators need "oxygen" and urged the govt to take a call on debt restructuring of all the dues that telecom operators owe to the govt. He said most 4G licences have 11-year validity left, and that the govt could pack in another 10 years, thus allowing operators to pay back all the outstanding dues spread over the entire licence period.
Share market update: Auto shares mixed; Motherson Sumi up 1%
The Nifty Auto index was trading 0.17 per cent down at 8139.80 around 09:45 am.
5 stocks that foreign portfolio investors are buying now
Historically, FPIs have bought into large cap counters. But it is different this time and they are now concentrating on mid-caps. A concentrated large-cap rally during the past year and resultant high valuation are the reasons why FPIs are bypassing large-caps.
Ayushman Bharat can open up opportunities for AI-based services: NetApp
Valluri believes AI has primarily been restricted to innovations done by startups in India, while the government agencies and other large enterprises have not used to the core of service offerings and operations. The Union Government’s AIforAll initiative has set the tone for an AI-based transformation, but it would higher adoption, he said.
View: India needs new green industries to ensure economic growth
Green industries are classic ‘impact investments’ — investments that offer both investment and social returns.
Telecom industry to consolidate further in 'no relief' scenario: Kotak Institutional
A 'no material relief' scenario would be an industry-structure-altering one.
Can raise up to Rs 35,000 crore from market: Nabard chief
The National Bank for Agriculture and Rural Development (Nabard) raises funds through long term bonds, usually of 10-15 years tenures.
Bharat Biotech's subsidiary Chiron Behring launches anti-rabies vaccine
“In our ongoing commitment to address the supply shortages of rabies vaccine, we are making additional investments to increase production capacities to over 15 million doses annually,” added Krishna Ella, CMD, Bharat biotech International Ltd. The vaccine is presently manufactured at the WHO pre-qualified facility in Ankleshwar in Gujarat.
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