[ad_1] HYDERABAD: Contract research, development and manufacturing organisation (CRDMO) Aragen Life Science, formerly known as GVK Biosciences, has secured a $100 million (approx. Rs 865 crore) investment from healthcare focused private equity fund Quadria Capital.The deal will see Quadria, which is focused on the Asian healthcare sector, acquire a minority stake in Aragen at an…
[ad_1] <p>Asian stocks declined following US employment data. (AI image)<br></p> Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Monday morning. While BSE Sensex went below 76,600, Nifty50 was near 23,200. At 9:31 AM, BSE Sensex was trading at 76,726.48, down 652 points or 0.84%. Nifty50 was at…
[ad_1] A truck loaded with vehicles moves to lines of vehicles for export at a port in Yantai in eastern China’s Shandong province. China’s trade surplus soared last year to a record as companies rushed to get goods out the door to make up for sluggish demand at home and ahead of the return of…
[ad_1] Top stock picks for the week (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting January 13, 2025) are Tata Consultancy Services (TCS) and Coal India Limited. Let’s take a look: Stock Name Rating CMP (Rs) Target (Rs) Upside (%) TCS Buy 4265…
[ad_1] NEW DELHI: Air India will nearly double the premium cabins on its legacy wide body aircraft that are being sent for retrofitting, starting this year, and is also developing an all-new first class for the Maharaja’s flagship Airbus A350 that will be rolled out in the next 2-3 years. Given the post Covid trend…
[ad_1] Foreign investors have scaled back their investments in Indian equities significantly amid global and domestic headwinds. NEW DELHI: Foreign investors have withdrawn Rs 22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump’s presidency.This…
[ad_1] BENGALURU: TCS’s sequential lacklustre performance can be attributed to deferral of discretionary spends by clients and seasonal effect, CEO K Krithivasan said. He, however, remains optimistic about the prospects for 2025, surpassing the previous year’s performance. He spoke to TOI about H-1B visa matters and the company’s business outlook. Excerpts.TCS is one of the…
[ad_1] New Delhi: To enhance the quality and the level of interactions between auditors and companies’ audit committees, NFRA chief Ajay Bhushan Prasad Pandey has said the watchdog plans to come out with six to seven papers having sets of questions that will cover various aspects of statutory audits. “The papers will also help the…
[ad_1] NEW DELHI: The Union government’s efforts on infrastructure development and investments in critical sectors such as railways, defence, power, and data centres are expected to drive growth momentum into the financial year (FY) 2026 and beyond, says a report by financial services firm Prabhudas Lilladher (PL). According to the report, the foundations for a…
[ad_1] NEW DELHI: The Union government’s efforts on infrastructure development and investments in critical sectors such as railways, defence, power, and data centres are expected to drive growth momentum into the financial year (FY) 2026 and beyond, says a report by financial services firm Prabhudas Lilladher (PL). According to the report, the foundations for a…
