Mumbai struggling with medical infrastructure amid pandemic: Report
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Mumbai First and Praja Foundation released the âIdeal Mumbai public health manifestoâ, highlighting the cityâs primary healthcare needs and suggested a strong public health action plan.
SEBI#39;s total income down 15% to Rs 813 crore in 2019-20
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According to the annual accounts of SEBI made public on Wednesday, the total expenditure of the regulator rose to Rs 588.14 crore for the year ended on March 31, 2020, from Rs 492.34 crore in the previous fiscal.
SEBI observation letter validity period for NFOs back at 6 months
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The regulator, in March 2020, had extended the validity period of observation letter issued by it for the launch of NFOs from six months to one year from the date of SEBI letter.
Appropriate public issue pricing crucial; i-bankers need to follow rules in letter, spirit: SEBI Chairman Ajay Tyagi
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While urging merchant bankers to engage in wider consultations as for a proper balance between the issuersâ aspirations and investorsâ interests, Ajay Tyagi also said that "needless to say, SEBI will not shy away from taking required action if it fi
HP starts manufacturing laptops, desktops in India
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Powering the #39;Make in India#39; initiative of the Government of India, HP has started manufacturing multiple models of laptops, desktop towers and mini desktops at the Flex facility in Sriperumbudur near Chennai, Tamil Nadu, according to a statement.
Tata Medical develops fast-testing solution for COVID-19
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The solution, Tata MD CHECK Express RT-PCR, can be applied in multiple areas where quick, high volume, and reliable testing is required, such as airports and events, the company claimed.
ABB India board okays creating arm to divest turbocharger business for Rs 310 crore
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In June 2021, ABB India had informed bourses regarding its proposal to divest/sell its turbocharger business in the Process Automation business segment.
Ericsson considering base station production in Russia: Report
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Russia has said it will extend telecoms operatorsâ licences beyond 2023 for LTE (long-term evolution) networks on the condition that they start building networks using only Russian equipment, part of a wider push by Moscow to promote domestic technology
OYO appoints Nirdosh Chouhan as Senior VP; Kranthi Mitra as Senior Principal Data Scientist
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ex-Apple executive Nirdosh Chouhan, who has over 18 years of industry experience, will spearhead OYOâs Core Engineering Platform that plays a critical role in the companyâs business, OYO said in a statement.
Central Bank of India, U GRO Capital ink co-lending deal, aim Rs 1,000 crore disbursal
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Under this partnership, the two entities aim to disburse up to Rs 1000 crore to U GRO Capitalâs varied MSME segments under its programmes like Pratham, Sanjeevani, Saathi, GRO MSME and Machinery financing, in the next 12 months.
FMCG players expect better growth, lesser inflationary pressure in 2022
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Health and wellness and convenience are going to remain key trends and FMCG companies are strengthening their core brands, driving premiumisation across their portfolios with targeted innovations as consumers are gravitating towards trusted brands looking fo
No Cabinet decision on privatisation of two PSBs: FM Nirmala Sitharaman
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In the Union Budget for financial year 2021-22, the government had announced its intent to take up privatisation of two PSBs in the year and approval of a policy of strategic disinvestment of public sector enterprises, Finance Minister Nirmala Sitharaman sai
Auto component industry cautiously optimistic for growth in FY22 despite COVID woes
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The turnover of the automotive component industry stood at Rs 1.96 lakh crore (USD 26.6 billion) in April-September 2021, registering a growth of 65 per cent over the first half of the previous year.
Sanofi to buy US biotech firm Amunix for $1 billion
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Immuno-oncology firm Amunix is developing cancer therapies based on cytokines -- small proteins that play a role in controlling the immune system -- and T-cells, a type of white blood cell.
RBI empanells CSB Bank to undertake banking business of central, state govts
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This appointment will allow CSB Bank to undertake general banking business of the central and state governments which may be entrusted by the RBI, the bank said in a statement.
Renew Power adds 300 MW; total capacity addition at 1.5 GW in FY22
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The Gurugram-based company has installed a record 1.5 GW of renewable energy projects so far this fiscal year despite the pandemic challenges and supply chain disruptions and is on track to meet its goal of 8.2 GW of operational capacity by the end of 2021-22
ED said the brothers were taken into custody on Monday and have been brought to Delhi from Mumbai where they were lodged in separate jails in an alleged cheating case filed by the Delhi Police.
SBI acquires minority stake in JSW Cement for Rs 100 crore
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The PSU Banking behemoth has invested Rs 100 crore in the company via compulsorily convertible preference shares (CCPS), a JSW Cement statement said on Tuesday.
Foxconn plant in south India to stay shut this week after protests: Govt sources
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Five days of holiday have been declared at the plant, the Superintendent of Police in Kancheepuram said, following protests against food poisoning at a unit.
The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions.
RBL Bank raises Rs 5.20 crore fund via CSR initiative for inclusive education
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The private sector lender-organised its 8th edition of cyclothon which had 159 cyclists pedal over 1.14 lakh km since October this year to raise the money for two schools, one each located in Hyderabad and Maharashtra, a statement said.
Edgileâs experienced cybersecurity and risk management professionals will allow Wipro to further enhance its cybersecurity and risk consulting capabilities for the benefit of its customers, a regulatory filing said.
Facebook parent Meta, along with Alphabet#39;s Google, faces a court case next week for suspected repeated violations of Russian legislation on content and could be fined a percentage of its annual revenue in Russia.
Ixigo, Sahajanand Medical Technologies, Keventer Agro get SEBI#39;s go-ahead to float IPOs
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These three companies, which filed their preliminary IPO papers with SEBI between August and September, obtained observation letter from the regulator during December 16-17, an update with the markets watchdog showed on Monday.
Nearly 50,000 MSMEs down shutters seeking reduction of raw material prices
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The one day closure resulted in the production loss of around Rs 1,500 crore as the industries manufacture all types of spare parts for two-wheelers to six-wheelers, motor and pumps, defence and naval sectors, wet grinders, foundries and plastic industries, i
