Hetero#39;s COVID-19 oral drug Nirmacom (generic Paxlovid) gets WHO prequalification

Pharma Hetero, a city-based leading pharmaceutical company on Monday announced the receipt of World Health Organisation Prequalification of Medicines Programme (WHO PQ) approval for its generic version of COVID-19 oral anti-viral treatment candidate Nirmatrelvir. A press release from the drug maker said it is the first prequalification for a generic version of Pfizer’s COVID-19 oral […]

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Happiest Minds – Why a steeper correction is possible

The valuation is still heady in comparison to global peers and there is room for further correction in the stock Happiest Minds Technologies could underperform despite a winning performance. PRO Only Highlights–  Quarterly performance largely backed by improved realisations–  Medium-term triggers China plus and protectionist measures for tyre industry–  Valuations not inexpensive; but improved medium-term […]

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India to continue to attract eyes of foreign investors, though global uncertainties pose challenges

Representative Image India may attract eyes of overseas investors in 2023 as well on account of measures such as rollout of the production linked incentive (PLI) schemes and projection of healthy economic growth, though global economic uncertainties due to monetary policy tightening in the US and ongoing Russia-Ukraine war may remain cause for concern. Steps […]

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Ted Sarandos likely to get stock options, salary boost as Netflix reintroduces bonuses for top- execs: Report

Representative image Netflix plans to reintroduce bonuses for its top executives in 2023, which were suspended for the past few years. The streaming giant disclosed the salary packages set by its board in an SEC filing on December 23. A report by Variety suggests that Netflix co-CEO and chief content officer Ted Sarandos’ pay package for next […]

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Airbus pledges deeper industrial ties with India

Airbus plans to deepen its industrial presence in India, Chief Executive Guillaume Faury said on Wednesday after meeting the country’s prime minister. “We will continue to support civil aviation growth and deepen our industrial footprint in India,” Faury said on Twitter alongside a photograph of his meeting with India’s Prime Minister Narendra Modi. He did […]

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Japan#39;s MUFG Bank extends Rs 450 crore credit facility to Tata Power

This credit facility was extended for two solar projects under TP Kirnali Limited (TPKL), the company said in a statement. PTI December 23, 2022 / 02:10 PM IST Tata Power Company ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} […]

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Vedanta says declared as preferred bidder for Bicholim mineral block in Goa

The iron ore mines has resources of 84.92 million tonnes. PTI December 23, 2022 / 02:42 PM IST Vedanta ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] < […]

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Indian EV maker denies allegations of misappropriation of incentives

The Indian government is reimbursing electric vehicle and hybrid vehicle manufacturers for reducing the purchase price of their vehicles under the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME) programme. Reuters December 23, 2022 / 11:51 AM IST Representative image India’s Avon Cycles Ltd has denied any wrongdoing in a scheme granting subsidies […]

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Godrej Properties eyes Rs 3,000 crore sales revenue from 14-acre new land in Gurugram

In a regulatory filing, the company said it has “entered into an agreement for development of 14.27 acres of land in Gurugram, Haryana.” The development will comprise predominantly premium residential apartments. PTI December 23, 2022 / 10:27 AM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < […]

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