Glenmark sells gynac business for Rs 115 crore
The sale of the gynac business comes two years after it sold its orthopedic business to the same company. Integrace will pay Rs 115 crore for four products of the portfolio that includes products like Dubagest, Mumfer and Fenza. These three products currently have sales of Rs 60 crore and are growing by 15%.
Successful incumbent businesses thrived on core values, strong governance: Nilekani
Nilekani, a co-founder of the near four-decade old Bengal...
Time to celebrate businesses that have enhanced stakeholder value
Let the numbers do the talking: Family-run businesses have generated 14% an...
Donald Trump tells business leaders of 'spectacular' US economy
Trump, who is expected to be acquitted by the Republican-controlled Senate, says he is innocent of the charges.
USFDA in active mode, issues obersvations to 4 drug makers in 3 days!
SMS Pharma today informed exchanges that the United States Food and Drug Administration (USFDA) conducted a cGMP inspection at Kandivalasa, Vipanagaram, Andhra Pradesh API manufacturing facility from January 13-17.
Airtel, Google Cloud partner for enterprise business
Telecom operator Bharti Airtel and Google Cloud on Monday announced a partnership to serve small and medium businesses with digital solutions.
TikTok exploring strategies for monetising India business
TikTok plans to launch new tools that would enable brands to get more info on influencers and their user base.
Brokerages upbeat on RIL’s retail, telecom businesses, retain ratings
Of the 26 brokerage reports ET studied, eight have increased the price targets on RIL shares while six reduced it after the earnings. Nineteen of the 26 brokerages have a ‘buy’ rating on the stock, with the average price target given at over Rs 1,700.
India attracted $49 billion FDI in 2019, among top 10 recipients of overseas investment: UNCTAD
UNCTAD, in its Global Investment Trend Monitor report said that the global foreign direct investment remained flat in 2019 at $1.39 trillion, a 1% decline from a revised $1.41 trillion in 2018. “South Asia recorded a 10% increase in FDI to $60 billion. The growth was driven by India, with a 16% increase in inflows to an estimated $49 billion. The majority went into services industries, including information technology,” it said.
My PPF account will mature soon. Can I keep it active without making fresh contributions?
If you choose to contribute for another 5 years, then you can still withdraw once every financial year but the sum of all withdrawals during the 5-year extension cannot exceed 60% of the balance at the start of the extension.
Ujjivan SFB eyes small businesses amid retreat by NBFCs
Many Indian lenders are focusing their efforts on the lucrative retail loans’ business.
LTTS sees a way to revival in telecom, hi-tech business
The Bengaluru-based engineering services provider forecast better performance in the year ahead and for the fiscal year 2021, after reporting flat growth in the third quarter.
Used-car business does well for Audi in bad year for auto
Audi's used-car division is eyeing 50% growth in 2020, even as the division sold about 2,000 cars in 2019.
Active investing is lazy & ineffecient: Aswath Damodaran
Aswath Damodaran, Professor, Stern School of Business, NYU, says one should invest in index funds if one is uncomfortable picking the right ...
Don't want law that look at businesses with suspicion: Nirmala Sitharaman
Delivering the Nani Palkhivala Centenary Celebrations Lecture, organised by the Palkhivala Foundation , on "Road Map to $5 Trillion Economy", the Finance Minister said her earnest attempt is to decriminalise matters concerning the Companies Act or other related laws, and also cited Tata Group Head N. Chandrasekharan's speech in Mumbai on Monday where he had said government should trust its own citizens.
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