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Briefings

Slippery Tracks

Apollo Tyres, Ceat to Challenge Competition Commission Order

Feb 25, 2022

Apollo Tyres and Ceat will challenge the Competition Commission of India (CCI)'s Rs 1,788-crore fine and cease-and-desist order.

Harsha V. Agarwal

Emami Founders Pass on the Baton

Feb 25, 2022

After leading the Kolkata-based FMCG firm Emami for nearly five decades, Founders R.S. Goenka and R.S. Agarwal are passing on the baton.

Finding the Panacea

Panacea Biotec Sells Formulations Business to Repay Debt

Feb 25, 2022

Panacea Biotec has been struggling to repay a debt of Rs 750 crore to Piramal Enterprises and India Resurgence Fund.

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Dr Reddy's Acquires German Pharma Wholesaler Nimbus Health

Feb 25, 2022

The acquisition will allow Dr Reddy’s to introduce medical cannabisbased medicines as a treatment option for patients.

No Quick Solutions

No Quick Fix for Consumer-facing Firms in Budget

Feb 25, 2022

The Union Budget shied away from offering any quick fix to the problem of low demand for consumerfacing sectors.

Seeking Source Clarity

Crypto Exchanges Seek Clarity on TDS

Feb 25, 2022

Crypto exchanges in India have sought clarity on the Budget’s proposed 1 per cent TDS on crypto transactions.

Struck by Light

Sputnik Light Single-Shot Vaccine Gets the Nod

Feb 25, 2022

DCGI has granted approval to the single-shot Sputnik Light vaccine for restricted use in emergency situations in India against Covid-19.

Cast in Steel

Tata Steel Long Products Wins Bid for Neelachal Ispat Nigam

Feb 25, 2022

Tata Steel is eyeing building a 4.5-million tonne per annum long products complex in the next few years

Year of the Tiger

Tiger Global's Big Investment Plans for India

Feb 25, 2022

The company has reportedly raised over $11 billion for its latest venture capital fund titled ‘Private Investment Partners 15’ or ‘PIP 15’.

Jio's Metaverse

Reliance Jio's $15-million Bet on Artificial Reality

Feb 25, 2022

Jio Platforms is investing $15 million for a 25 per cent equity stake (on a fully diluted basis) in Pranav Mistry’s Two Platforms Inc.

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Taxing Times

Feb 11, 2022

Cryptocurrencies are going through tough times.

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Recently Listed Tech Start-ups Erode Investors' Wealth

Feb 11, 2022

Data shows that shares of recently-listed One97 Communications, which operates Paytm, have eroded over half of the investors’ wealth against the issue price of Rs 2,150.

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An Artificial Intelligence-Themed Fund for Investors

Feb 11, 2022

The recent past has seen Indian MF houses file draft documents to launch funds based on themes such as semiconductors, electric vehicles and blockchain, among others.

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PTC India Financial Services Hit by Governance Issues

Feb 11, 2022

There is serious drama playing out at PTC India Financial Services.

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Spurt in Cyber Attacks with Rise in Digitalisation

Feb 11, 2022

Advances in digitalisation and work from home have led to a sudden uptick in the number of cyber attacks that are costly and damaging.

LIC Chairman M.R. Kumar

LIC Races Against Time to List in FY22

Feb 11, 2022

Even as the tenure of LIC Chairman M.R. Kumar was extended by a year, FM Nirmala Sitharaman announced in her Budget speech that LIC’s IPO is “expected shortly”.

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Reliance Posts Highest Ever Quarterly Net Profit

Feb 11, 2022

CMD Mukesh Ambani said, “Retail and digital services have recorded the highest ever revenues and EBITDA.”

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Dolo Sales Surge in India

Feb 11, 2022

The routine antifever medicine Dolo 650 has gained huge popularity amidst the Covid-19 pandemic—starting with the second wave and continuing well into the third wave.

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Rural Market Leaves FMCG Makers High and Dry

Feb 11, 2022

After carrying the growth momentum for over a year, the country’s rural market has left India’s fast moving consumer goods (FMCG) makers high and dry.

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Now, 5G Battle in Airspace

Feb 11, 2022

Rollout of 5G for broadband cellular networks in the US led to flight cancellations over warnings that frequencies could hamper navigation equipment.

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By 2025, India to Have 200 Unicorns

Feb 11, 2022

The Indian start-up ecosystem’s growth has quickened over the past one year, thanks to a combination of domestic and international factors.