Biphore, Zenara get CDSCO approval for neuro disorder drug

Hyderabad (IANS) Hyderabad-based Biophore India Pharmaceuticals has announced that it has received approval from he Central Drugs Standard Control Organisation (CDSCO) for manufacturing and marketing of Cannabidiol active ingredient in India.

World's most prized morel mushroom plentiful in Himachal forests

Shimla (IANS) Himachal Pradesh's highly prized foraged fungi crop known worldwide for its meaty texture, robust flavor and to ward off free radicals that cause ageing, a large proportion of which are shipped to Europe, is bountiful this year in…

Overall 5G connections to grow to 3.2 bn in Asia-Pacific in 2025

New Delhi (IANS) 5G connections in the Asia-Pacific region, both mobile subscriber and IoT connections, will grow from 574 million in 2021 to 3.2 billion in 2025, growing at a five-year compound annual growth rate (CAGR) of 87.9 per cent, according…

SC: Operational creditor should be treated as secured creditor in terms of IBC Sections 52, 53

New Delhi (IANS) The Supreme Court has said that an operational creditor should be treated as a secured creditor in terms of Section 52 read with Section 53 of the Insolvency & Bankruptcy Code (IBC) and entitled to retain the security interest in…

FPI bought equity worth Rs 18,617 crore in May

New Delhi (IANS) In May, foreign portfolio investors (FPI) bought equity for Rs 18,617 crore.

V.K. Vijayakumar, the Chief Investment Strategist at Geojit Financial Services said there is a distinct change in the FPI strategy with a clear tilt…

As inflation cools off, RBI Guv says 'monetary policy on right track'

Mumbai (IANS) With the latest official data indicating a cooling off in the headline inflation to 4.7 per cent in April, RBI Governor Shaktikanta Das said that it proves the monetary policy is on the right track, here on Friday.

Terming the…

India's forex reserves rose to $595.976bn during week ending May 5: RBI

New Delhi (IANS) India's foreign exchange reserves rose by $7.196 billion to $595.976 billion during the week ended May 5, data released by the Reserve Bank of India (RBI) said on Friday.

The overall reserves had fallen by $4.532 billion…

Retail inflation falls to 18-month low of 4.70%, to remain range-bound within 5% in May-June: ICRA

New Delhi (IANS) With retail inflation sliding to an 18-month low of 4.70 per cent in April 2023, rating agency ICRA foresees the CPI inflation to remain range-bound at 4.7-5.0 per cent in May-June 2023.

According to official data, retail inflation…

Greaves Cotton logs Rs 115 cr net, declares dividend of Re 0.90 per share

Chennai (IANS) Diversified engineering company Greaves Cotton closed FY23 with a net profit of Rs 115.10 crore and has declared a dividend of Re 0.90 per share.

In a regulatory filing, the company said it had closed FY23 with a net profit of…

Can Pixel 7a help Google improve its dismal India smartphone market share?

New Delhi (IANS) Seven years on, the Google Pixel family of smartphones have failed to impress Indian smartphone users. The company currently has a minuscule market share in a highly-competitive premium smartphone market dominated by the likes of…