NEWS

Mankind Pharma to buy Bharat Serums and Vaccines in a Rs13,630-cr deal

Mankind Pharma to buy Bharat Serums and Vaccines in a Rs13,630-cr deal

27 Jul 2024

Mankind Pharma is acquiring Bharat Serums and Vaccines (BVS) from private equity firm Advent International in a deal valued at Rs13,630 crore.

Consumer price inflation for agricultural and rural labourers up at 7.02% and 7.04%, respectively, in June

Consumer price inflation for agricultural and rural labourers up at 7.02% and 7.04%, respectively, in June

27 Jul 2024

Consumer price inflation for agricultural labourers (CPI-AL) and rural labourers (CPI-RL, based on the All-India Consumer Price Indices (base 1986-87 = 100), recorded an increase of 11 points each in June 2024

C-DOT teams up with IIT Roorkee and IIT Mandi for developing ‘Cell-Free’ 6G access points

C-DOT teams up with IIT Roorkee and IIT Mandi for developing ‘Cell-Free’ 6G access points

27 Jul 2024

The Centre for Development of Telematics (C-DOT), the R&D arm of the Department of Telecommunications (DoT), is collaborating with the Indian Institute of Technology Roorkee (IIT Roorkee) and Indian Institute of Technology, Mandi (IIT Mandi)

DRDO successfully flight-tests Phase-II ballistic missile defence system

DRDO successfully flight-tests Phase-II ballistic missile defence system

26 Jul 2024

Defence Research & Development Organisation (DRDO) on Wednesday successfully flight-tested Phase-II of the indigenously developed ballistic missile defence system.

CBDT explains Budget proposal on capital gains tax

CBDT explains Budget proposal on capital gains tax

25 Jul 2024

The Budget, through the Finance Bill, has proposed a rationalisation and simplification of the taxation of capital gains.

Govt working to improve viability of Fair Price Shops

Govt working to improve viability of Fair Price Shops

25 Jul 2024

The centre is carrying out a pilot study on ways to improve the viability of Fair Price Shops (FPS) that currently distribute food grains and related items provided under government subsidy to weaker section of population.

Budget 2024-25 speaks of NextGen reforms and strategic policies

Budget 2024-25 speaks of NextGen reforms and strategic policies

24 Jul 2024

The Union Budget 2024-25, presented by finance minister  Nirmala Sitharaman, aims to achieve higher economic growth through improved productivity, and by enhancing the efficiency of markets.

Economic Survey projects India’s GDP growth at 6.5–7% in 2024-25

Economic Survey projects India’s GDP growth at 6.5–7% in 2024-25

24 Jul 2024

Economic Survey 2023-24 presented in Parliament by finance minister Nirmala Sitaraman has projected India’s real GDP growth at 6.5–7 per cent in 2024-25.

Ohmium opens 2GW hydrogen electrolyser gigafactory ner Bengaluru

Ohmium opens 2GW hydrogen electrolyser gigafactory ner Bengaluru

22 Jul 2024

US-based hydrogen electrolyser maker Ohmium International has announced the launch of its new gigafactory in Doddaballapura, close to Bengaluru.

Sebi proposes new asset class midway between mutual funds and PMS

Sebi proposes new asset class midway between mutual funds and PMS

21 Jul 2024

The Securities and Exchange Board of India (Sebi) has proposed the creation of a new class of assets that would be placed midway between mutual funds (MFs) and portfolio management services (PMS).

CrowdStrike software glitch hits Microsoft Windows operating systems worldwide

CrowdStrike software glitch hits Microsoft Windows operating systems worldwide

21 Jul 2024

A glitch in software update by cybersecurity firm CrowdStrike led to global outages in Microsoft systems affecting businesses and governments on Friday.

Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs

Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs

19 Jul 2024

Sirius Digitech Limited, a joint venture of Adani Group and Sirius International Holding, a subsidiary of International Holding Company (IHC)

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