LiveSerum Halts Production Of 200 million Doses of COVID-19 Vaccine
Serum Institute of India Ltd, the world’s largest vaccine maker and a significant supplier of Covid-19 vaccines to developing countries, has raised its stockpile to...
Category : BUSINESS
ITC Infotech, PTC Jointly Accelerate Customer Digital Transformation Initiatives
ITC Infotech said on Friday it would acquire part of Nasdaq-listed PTC’s Product Lifecycle Management (PLM) implementation services business as part of the company’s plans...
Mega Indian Insurers Reduces IPO Size as Ukraine War Damages Valuations
India is seeking to raise 300 billion rupees ($3.9 billion) through an initial public offering of state-owned life insurance companies, according to people familiar with...
Adani Ports Acquires 100% Stake in Ocean Sparkle
Adani Ports and Special Economic Zone Ltd (APSEZ), through its subsidiary The Adani Harbour Services Ltd, has entered into a definitive agreement to acquire a...
Adani Enterprises Hits Record High
Adani Enterprises Ltd’s shares hit a record high of Rs 2,293.55 after they rallied 5 per cent on the National Stock Exchange (NSE) in yesterday’s...
Switch Mobility Invests £300m to Develop Electric Buses, Commercial Vehicles in UK, India
Switch Mobility said it plans to invest £300 million (over Rs 298 crore) in the UK and India to develop its electric buses and light...
Amazon Acquires Social Commerce Startup GlowRoad
Amazon has reportedly acquired women-focused social commerce startup GlowRoad in an all-cash deal in its first major bet on social commerce, but details have not...
Walmart Offers Indian Manufacturers Access to 120 Million US Consumers
Walmart, the world’s largest retailer, said it is now offering Indian manufacturers and trading companies an opportunity for international expansion as cross-border sellers on Walmart...
Hitachi Energy Secures Rs 1.6 Crore Order
Hitachi Energy India said it had won an order worth around Rs 1.6 crore from MP Power Transmission Package-II to modernise the Madhya Pradesh (MP)...
Nestle India’s Q1 Profit Falls 1% to Rs 595 Crore
Shares of Nestle India slipped 1.12 per cent in an otherwise upbeat market after the company’s net profit declined by 1.2 per cent year-on-year (YoY)...