NEWS
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Merck pays $30 million upfront to acquire cancer therapy developer Modifi Biosciences
24 Oct 2024
US pharma multinational Merck has acquired Modifi Biosciences, a developer of new oncology drug molecules, for $30 million upfront and up to $1.3 billion
Modi, Xi Jinping talk peace on the margins of BRICS summit
24 Oct 2024
Prime Minister Narendra Modi and Chinese President Xi Jinping met on the sidelines of the 16th BRICS Summit at Kazan on Wednesday
IMF sees India’s GDP growth slowing from 7% in 2024 to 6.5% in 2025
23 Oct 2024
India’s economy in terms of Gross Domestic Product (GDP) is expected to grow at a slower pace of 7 per cent in the current year, ie, 2024 against the 8.2 per cent growth recorded in 2023.
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Reliance to disrupt the Cola market with `Campa’
23 Oct 2024
Reliance Consumer Products Ltd (RCPL), the consumer goods arm of Reliance Industries, has revived the Campa Cola brand,
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Reliance Infra plans Rs10,000-cr small arms project in Maharashtra’s Ratnagiri district
23 Oct 2024
Reliance Infrastructure Ltd, which recently attained debt-free status and announced plans to raise fresh funds to drive business,
Adani acquires Orient Cement for Rs8,100 crore
22 Oct 2024
Adani Group company Ambuja Cements has agreed to acquire 46.8 per cent shares of B K Birla Group’s Orient Cement Ltd (OCL) for Rs8,100 crore.
Reliance Infra to raise Rs6,000 cr through equity and debt issue
22 Oct 2024
Anil Ambani Group company Reliance Infrastructure plans to raise over Rs6,000 crore through a combination of preferential share issue and qualified institutional placement.
China turns on world’s largest offshore wind turbine with 20 MW capacity
22 Oct 2024
China, one of the largest emitters of pollutant gases, also now operates the world’s largest wind turbine that is capable of generating 20 Mega Watt of clean electricity, which is enough to power 96,000 homes.
Adar Poonawala buys 50% stake in Bollywood studio for Rs1,000 cr
21 Oct 2024
Adar Poonawalla, CEO of the world’s largest vaccine maker, Serum Institute of India (SII), has agreed to buy a 50 per cent stake in Bollywood film studio Dharam Productions for Rs1,000 crore.
Putin pushes new cross-border payment system to end dollar dominance
21 Oct 2024
Russian President Vladimir Putin has revived hopes of pursuing the BRICS agenda of creating a new cross-border payment system that would allow nations to make financial transactions
Boeing workers to vote on new negotiated wage deal
20 Oct 2024
US aircraft maker Boeing Co and the union representing its striking machinists have reached a tentative deal to end a month-long strike that halted all manufacturing activity at Boeing’s West Coast facilities.
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