Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.
The Competition Commission of India on Tuesday approved with certain conditions the mega-merger deal between media groups Sony and Zee. In a tweet, the watchdog said it has cleared the deal with certain modifications. The proposed merger was announced in September last year. CCI said it has approved the "amalgamation of Zee Entertainment Enterprises Limited (ZEE) and Bangla Entertainment Private Limited (BEPL) with Culver Max Entertainment Private Limited (CME), with certain modifications".
Formula One launch F1 TV in India, target 'strong mobile market'
'Career paths are no longer linear as professionals look to build a more holistic career portfolio that is true to their professional and financial goals.'
Describing the state visit of Prime Minister Narendra Modi to America as a "watershed moment" in bilateral ties, US Ambassador to India Eric Garcetti has said that this week will be one of those moments that can change the course of history as the two democracies get together for peace and prosperity.
According to the data, the tiger population in the country increased from 2,967 in 2018 to 3,167 in 2022.
The government's step could push investors to choose riskier equity, or to fall back on bank deposits, thereby negatively impacting the debt market which actually needs to grow, points out T N Ninan.
England, who are gunning for their second World Cup title, have the most valuable squad in Qatar with Jude Bellingham topping a list of over 800 players.
The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
What sustains judicial institutions in the long run is the sense of compassion, sense of empathy and ability to answer cries of citizens, he said.
'This is a first-of-its-kind partnership in the Indian media & entertainment landscape, and this association with Disney Star reflects our sharp, strategic vision for the sports business India.'
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday directed Zee Entertainment to convene a shareholders' meet on October 14 for approving the merger with Culver Max Entertainment (formerly Sony Pictures Network). The order, passed on August 24, but uploaded to the bourses on Wednesday, comes close on the heels of the Competition Commission of India (CCI)'s observation that the $10-billion merger could hurt competition and that greater scrutiny of the deal was needed. "This Tribunal hereby directs that a meeting of the equity shareholders of the applicant company (Zee) be convened and held on Friday, October 14, 2022 at 4 p.m. for the purpose of considering, and if thought fit, approving the proposed scheme," the NCLT order read.
Sunil Shetty makes his OTT debut. Chiranjeevi comes calling. Parvathy Thiruvothu, Nithya Menen and Amruta Subhash provide enchanting viewing. Santa Claus gets ready to retire.
While praising Suryakumar, Buttler didn't forget to mention that his team can't afford to just think about him. "It would be remiss just to think about him. I think they have some other excellent players, as well,"
What's different this time is that global financial stress -- which has its genesis in four policy choices made in recent years -- is juxtaposed with a more resilient real economy, observes Sajjid Z Chinoy, chief India economist at J P Morgan.
'La Nuova Dolce Vita' is the tagline of Ferrari's Roma which translates into 'The New Good Life'. The Roma is a Ferrari GT (Grand Touring) sports car and is also part of their entry-level lineup but it is everything but entry-level. This Rs 4.5 crore (on-road, Mumbai) performance machine is an all-new Prancing Horse that is visually striking, high on tech and being a Ferrari, offers thrilling performance that will excite your senses.
Ola Electric will roll out its complete offering of electric scooters and motorcycles in each segment of the market - premium, mass premium, and economical - in the next 12 months in a bid to push for a near-full conversion of the two-wheeler market to electric in three years. According to Bhavish Aggarwal, founder and CEO of Ola Electric, "ICE (internal combustion engine) products will fall off a cliff." He also says the company is aiming to become profitable next year.
It's the first time in my memory that I have seen a negative expected return for equities, notes Akash Prakash. Hopefully, this implies the consensus is being too negative, and markets, as usual, will surprise everyone and deliver the least likely outcome.
'The projects that the government started to bring within Goa were totally anti-Goa and anti-people.' 'Can anyone describe a project as development when it is going to cause wanton destruction of people's houses, their surroundings and livelihoods and destruction of forests?'
Salute explores narratives of police brutality and unethical practices, power-hungry politicians who will stop at nothing and the helplessness of innocent victims of crime, observes Divya Nair.
Aseem Chhabra presents his list of 10 international films that mattered to him, stories that he connected with and characters that gave him a better understanding of the human condition.
'If you weed out corruption, you will bring glory to Goa.'
'The idea is to chart your own path, live your life authentically, not be scared to ask questions and not be scared to demand to sit at the table.' 'They may not let you sit today, but they will, if you keep demanding it.'
The analysis shows that when the number of infected becomes equal to those removed from circulation by recovery and death, the coefficient will reach the 100 per cent threshold and the epidemic will be "extinguished".
Sony Pictures Networks India Pvt Ltd (SPNI) and Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday said they have signed definitive agreements for their merger following conclusion of an exclusive negotiation period during which both parties conducted mutual due diligence. In a joint statement, the two companies said they have "signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries". The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence, it added.
'There will be positive growth, but if you ask me whether we are going to have the original growth rate of 8%, the answer will be, no.'
India captain Virat Kohli has called for changes to the 'soft-signal' rule for outfield catches after team mate Suryakumar Yadav was controversially dismissed in Thursday's fourth T20 International against England.
'We are open to directing a Khiladi 2.' 'And we would want to do it with Akshay who is still so fit, energetic and successful.'
The Board of Control for Cricket in India (BCCI) has pegged the base price for the combined IPL media rights at Rs 32,890 crore, nearly double the Rs 16,347 that Star Disney paid five years ago. Experts say that at these levels, there does not seem to be any profit-and-loss logic at play. It is more about what premium broadcasting companies are ready to spend for market share dominance. They point out that due to competition, they expect the final price to hit Rs 40,000-50,000 crore.
BCCI secretary Jay Shah spoke on a range of subjects related to Indian cricket, IPL's place in the global cricket calendar, running the cricket establishment in times of COVID-19 and the road ahead for both Indian cricket and IPL.
'In the absence of a vaccine, as long as there are pockets of active cases in India, it would be good to have a limited lockdown.'
Bengaluru, Delhi, Mumbai, and Hyderabad account for 33% of the total active paid subscriptions.
The studies that put Virat Kohli as the top brand now do not have Rohit Sharma in the Top 10. That will change quickly if he delivers the T20 World Cup next year or the ODI championship the year after.
The Tatas, L&T and Bharat Forge expressed interest in building pressure swing adsorption oxygen plants at hospital sites, while IOC and RIL are pitching in with both oxygen and cryogenic tankers needed for its transportation.
India skipper Virat Kohli on Thursday said that he fails to understand why the on-field umpire has to give a soft signal as 'out' when the player is himself unsure regarding whether he has taken catch or not.
Volkswagen's new SUV is set to lock horns with half a dozen rivals, says Pavan Lall.
According to new ministry guidelines, the permission to chop down forests will be given only after all the compensatory levies are provided
The shortcomings are too many to overlook, but November Story is definitely a one-time watch, says Prateek Sur.
'Fitness is such a game of trial and error and it's an absolute rollercoaster ride with many ups and downs.'
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
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