Sterling Biotech, a major pharmaceutical company with two manufacturing facilities in Gujarat, specializes in Gelatine, Di-Calcium Phosphate and select APIs. Once the deal concludes, Sterling Biotech will transition into a 50:50 joint venture, ensuring equal representation for both parties on the board.
The polygraph tests for the main accused and six others connected to the alleged rape and murder of a trainee doctor at RG Kar Medical College commenced on Saturday. The CBI accused local police of altering the crime scene, prompting the Calcutta High Court to transfer the investigation to the CBI on August 13.
Anil Ambani faced a five-year ban from SEBI and a Rs 25 crore fine over fund diversion at Reliance Home Finance. Once flourishing in 2007, his ventures suffered severe setbacks after the 2008 financial crisis, ending in Reliance Capital's bankruptcy declaration in 2021.
Kumari Selja, a senior Congress leader, confirmed there will be no alliance with AAP for the upcoming Haryana Assembly elections. She stated that Congress would contest all seats on its own, expressing confidence in a significant victory. Main election issues are unemployment, corruption, MSP guarantee, and opposing the Agnipath scheme. She dismissed rival alliances as weak.
Whether you choose Fixed Deposits (FDs) or Fixed Maturity Plans (FMPs) hinges on your risk tolerance, tax situation, and investment timeframe. FDs are ideal if you prioritize safety and assured returns. If you're comfortable with some risk for potentially higher returns after taxes, particularly over the long haul, FMPs could be a more suitable choice.
Five asteroids made close approaches to Earth between August 27 and September 1, 2024, posing no threat but offering scientific opportunities. NASA's Jet Propulsion Laboratory tracked the asteroids to gather data for understanding their trajectories and behaviors. These observations were crucial for advancing planetary defense strategies and gaining insights into the origins of the universe, contributing to safer and better-informed future monitoring of near-Earth objects.
BJP organized a two-day meeting in Gurugram to decide on candidates for the upcoming Haryana Assembly elections. The session, led by state president Mohan Lal Badauli, focused on all 90 constituencies. The names discussed will be reviewed by the Central Election Committee. Feedback from party workers was also considered.
Small savings rules: The Ministry of Finance is responsible for overseeing small savings accounts. Any unusual accounts must be sent to this department to be brought into compliance by the Ministry of Finance, as per the regulation. Six specific categories have been defined, and appropriate instructions have been provided.
Zydus Lifesciences announced an agreement with Perfect Day Inc to acquire a 50 per cent stake in Sterling Biotech. The partnership aims to establish a manufacturing facility for animal-free protein production. This move signifies Zydus' expansion into specialized biotech products catering to health and nutrition markets, particularly for those preferring animal-free or lactose-intolerant options.
HYDRAA, with police assistance, initiated the demolition of actor Nagarjuna's N Convention Hall in Hyderabad. The structure was accused of encroaching on Tammidi Cheruvu, a local water body. The complaint alleged that the hall occupied around three and a half acres of the lake, leading to the official action.
Bandhan Small Cap Fund gained 54.86% in the last nine months.
NCP (SP) chief Sharad Pawar criticized the Maharashtra state government for its handling of the alleged sexual abuse case involving two kindergarten girls in Badlapur. He highlighted the incident's impact on Maharashtra's image. Thousands protested, blocking roads and clashing with police. A proposed 'Maharashtra Bandh' was halted by the Bombay High Court, citing potential disruptions. Pawar emphasized the government's responsibility for women's safety.
Pokhara airport has become a symbol of the pitfalls of China's international infrastructure projects, which face criticism for sometimes costly and poor quality construction that leave borrower countries awash in debt.
Jammu and Kashmir's Assembly elections saw 88 lakh voters participating, conducted in three phases on September 18, 25, and October 1, across 90 constituencies. The setup included 209 new polling stations and separate arrangements for various groups, with webcasting at all booths. Key details included a pre-poll alliance between the Congress and National Conference. Results were scheduled for October 4.
Indian cricketer Shikhar Dhawan has retired from international and domestic cricket after a successful 14-year career.
Can you tell a Red State from a Blue State? Caucus from a Convention? Read on to get up to speed with all the political jargon you'll need to navigate through our US election coverage.
Web3's early solution to scalability issues was modularity—breaking down blockchain tasks into separate components. This resulted in the creation of various layer-2 solutions, rollups, sidechains, and state channels, which boosted scalability but also caused increased fragmentation. Each new solution formed its own ecosystem with separate liquidity pools, user bases, and a steeper learning curve for developers and users.
Research showed that while just 15% of insolvency cases have claims over Rs 1,000 crore, they make up 90% of recoverable value. Specialized tribunals are being recommended to expedite high-value cases, and Finance Minister Nirmala Sitharaman proposed new NCLT benches to tackle these concerns and improve resolution times.
Hero Motors, managed by Pankaj Munjal, has filed a Draft Red Herring Prospectus for a Rs 900 crore IPO. The IPO aims to raise funds through a fresh issue of Rs 500 crore and an offer for sale of Rs 400 crore. The proceeds will be used for clearing borrowings and expanding the Noida facility.
Dozens of singles participated in Lahore's first in-person matrimonial event organized by the UK-based app Muzz. With Islamic etiquette central to its design, the app allows for picture blurring and chaperone presence. This event, along with similar initiatives, aims to modernize matchmaking in Pakistan while respecting traditional values.
Sanjay Raut of Shiv Sena (UBT) accused the Maharashtra government of employing a favoured petitioner to stop a bandh organized by Maha Vikas Aghadi (MVA) against a sexual assault in Badlapur. The court restrained the bandh, leading Raut to question democracy. Despite this, the MVA plans peaceful demonstrations statewide.
Recent economic data from the US, China, and Europe fell short of expectations, heightening concerns about a sluggish global economy and its impact on oil demand. However, potential supply disruptions from the Middle East due to ongoing conflicts, along with OPEC+ production policies, helped limit the losses in oil prices.
