Mazumdar-Shaw left open whether Biocon will go in for a higher stake or will completely take over the company, which is located near Frankfurt and specialises in manufacturing and marketing a unique range of its own patent-free medicines as well as low-cost drugs from Europan Union nations.
'China will do everything to hamper our ability to be a competitor.' 'China wants every country in the region to be subservient and we are the biggest stumbling block.'
India Hospitality Corp said it would buy the Mumbai-based Mars Restaurant and airline catering company SkyGourmet Catering Private from Navis Capital Partners for $110 million.
The Trishakti Corps Infantry and Mechanised Infantry Battalion conducted a training exercise for its Anti Tank Guided Missile at a super-high altitude of 17,000 feet in Sikkim on Thursday, April 11, 2024.
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
The company is also in the process of introducing a new global brand identity in London next month.
Indian companies also hold a considerable share of the car, bus, and three-wheeler markets in the country.
In the meeting, Doval conveyed to Wang that peace and tranquillity in border areas and respect for the Line of Actual Control are essential for return of normalcy in bilateral ties, according to the ministry of external affairs.
The search for survivors continues after several devastating landslides triggered by heavy rainfall hit the hills in Wayanad district.
Hero today sells its products in 19 countries across Asia, South and Central America and Africa.
The environment ministry is likely to soon issue regulations that will mandate automakers to recycle a specified percentage of steel from old vehicles, starting from the next financial year, according to people familiar with the matter. "We recently held a meeting with members of the Society of Indian Automobile Manufacturers (Siam). "The final regulations are likely to be issued in the next 10 days," a government source informed.
China does not have to give up what it took in 2020, it will never give up its claim to Arunachal Pradesh, Ladakh and other areas, and it has all the time now to plan its next surprise, points out Lieutenant General Prakash Katoch (retd).
Chief of Staff of the Iranian Armed Forces, Sardar Bagheri, has said that the military operation against Israel has 'concluded' from Tehran's side, while issuing warning that if the United States helps Israel in their possible next actions, their bases will 'not have any security', and will be dealt with, according to CNN.
Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.
The 92-year-old is set to marry Zhukova, 62, on June 1 in a ceremony on his California vineyard and estate, Moraga, according to The Hollywood Reporter.
De-centralised execution should drive the operational concept and support military strategy, under a unified command architecture. Enablers and technology need to be positioned first for such an activity to be undertaken, recommends Lieutenant General Anil Chait (retd).
'Till 10 pm last night, we rescued 70 people, after which we had to stop because of bad weather and rain.'
Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.
The high court of Karnataka on Tuesday observed that it would be suitable if an age limit was introduced for using social media akin to the legal age for drinking alcohol.
National Aeronautics and Space Administration (NASA) astronaut Nick Hague and Roscosmos cosmonaut Aleksandr Gorbunov will launch no earlier than September 24, on the agency's SpaceX Crew-9 mission to the International Space Station.
Indore-based textiles firm Neo Corp is the latest in a series of Indian names that have been published in the official gazette of the Swiss govt.
The B K Modi-led Spice Corporation said on Monday it has been shortlisted by the Satyam board to put its bid for a majority stake in the crisis-ridden IT firm. A senior official of Spice Corp told PTI the company would now get access to financial data relating to revenues, number of employees and clients and other details to value the firm for putting the auction price.
India's Navdeep Singh claimed gold medal in a dramatic men's javelin throw F41 final while Simran won the bronze medal in the women's 200m T12 final at the Paralympic Games in Paris on Saturday.
The reporters wanted to know if President Joe Biden was seen by the Parkinson's specialist.
Lt Gen S A Hasnain on Saturday took over as the General Officer Commanding (GOC) of the strategically most important Kashmir Valley-based corps of the Indian army.
The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.
As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.
Bengaluru-headquartered electric two-wheeler manufacturer Ather Energy is all set to file its draft red herring prospectus within the second week of September to the Securities Exchange Board of India (Sebi) for its maiden initial public offering (IPO), in which it is expected to raise over $450 million. On Tuesday, the fourth-largest electric two-wheeler maker in the country by volume raised Rs 600 crore from its existing investor, the National Investment and Infrastructure Fund (NIIF), catapulting itself into a unicorn with a valuation of $1.3 billion.
The new mountain strike corps, created to deter Chinese adventurism and launch offensives, will financially damage India's military. Ajai Shukla reports
Col Singh was a combat veteran and was awarded Sena Medal during his tenure as second-in-command of the 19 Rashtriya Rifles.
GST authorities have issued show cause notices worth Rs 1 lakh crore to online gaming companies for tax evasion so far, a senior official said on Wednesday. The official, however, said there is no data yet of foreign gaming companies registering in India since October 1. The government has amended the GST law, making it mandatory for overseas online gaming companies to register in India from October 1.
Hero Sure helps the customer get the best price for his vehicle on the basis of a transparent evaluation process.
The DGP, along with additional director general of police (law and order) Vijay Kumar and Jammu zone additional director general of police Anand Jain, visited Jammu-based White Knight Corps and interacted with General Officer Commanding Lt Gen Navin Sachdeva, the army said.
Major Srishti Khullar will lead the first-ever all-women contingent from the Armed Forces Medical Services at the Republic Day parade.
M Corp Global has applied for six new telecom licences to the department of telecom and dispelled rumours that its company Spice Telecom is up for sale.
Meet these Inspiring Lady Soldiers who made history this year.
Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
