News Overview

Recalls by Dr Reddy's, Glenmark, and Zydus in the US are designated as Class II by the USFDA.

The government, in collaboration with LIC, aims to divest its holdings in IDBI Bank, with a joint decision to sell a 60.7% stake in the bank.

The acquisition boosts GMR Power's stake in GMR Energy from 57.7% to approximately 86.9%, consolidating control.

The application is in accordance with the RBI mandate following the demerger from Reliance Industries, aiming to modify its shareholding pattern and control.

The partnership involves leveraging NVIDIA's AI software for enterprises within Wipro's current healthcare solutions portfolio, covering the affordable care act (ACA), Medicare, and Medicaid.

Dr. Jorg Nohl, who is 67 years old, has worked for Continental AG for more than 30 years, with more than 20 of those years spent as a member of the Senior Executive Group.

The engineering and infrastructure company located in Kolkata intends to utilize the money acquired through the QIP issue for a number of purposes, such as financing capital expenditures, repaying loans, meeting working capital requirements, and general corporate purposes.

Judges Ahsanuddin Amanullah and Prashant Kumar Mishra's bench emphasized that the matter was too complex to be boiled down to a discussion between contemporary medicine/allopathy and Ayurvedic products.

In an exchange filing earlier this month, Bank of Baroda stated that it intends to raise up to Rs 15,000 crore through infrastructure and tier-II bonds in order to finance business expansion.

A penalty of Rs 1 lakh was imposed for "minor non-compliance" under Section 125 of the CGST Act and SGST Act, unrelated to willful misstatements or suppression by the company.