After two years,India to resume all international flights from 27 March
NEW DELHI: In order to prevent spread of Covid-19, the Directorate General of Civil Aviation (DGCA) had suspended operations of scheduled international commercial passenger services to/from India with effect from 23rd March 2020 vide circular dated 19.03.2020. Currently, in terms of DGCA’s circular 28.02.2022, suspension of scheduled international commercial passenger services to/from India has been […]
Volkswagen unveils new mid-sized sedan Virtus in India; launch in May
NEW DELHI: German auto major Volkswagen on Tuesday unveiled new mid-sized sedan ‘Virtus’ for the Indian market. The company has commenced pre-bookings for the new model which competes with the likes of Honda City, Hyundai Verna, Maruti Suzuki Ciaz and Skoda Slavia. Volkswagen plans to launch the model in the later part of May this […]
Sebi to auction up to 46 properties of Royal Twinkle, Citrus Check Inns
NEW DELHI: Capital markets regulator Sebi on Tuesday said it has lined up as many as 46 properties of Royal Twinkle Star Club and Citrus Check Inns for an auction on April 6, at a reserve price of over Rs 97 crore. The move is part of Sebi’s efforts to recover funds worth thousands of […]
Foreign capital in real sector jumped 3-fold to $23.9 billion during 2017-21: Report
NEW DELHI: Foreign capital flows into the Indian real estate jumped over three-fold to USD 23.9 billion during 2017-21 period as compared to the previous five years, according to Colliers-FICCI report. In its report ‘Foreign investments in Indian real estate turn a corner’, property consultant Colliers mentioned that the global investors have shown an increased […]
Alembic Pharmaceuticals joint venture gets USFDA nod for anti-fungal drug
NEW DELHI: Alembic Pharmaceuticals Ltd on Tuesday said its joint venture, Aleor Dermaceuticals Ltd (Aleor), has received final approval from the US health regulator for its generic version of Nystatin and Triamcinolone Acetonide ointment used for the treatment of cutaneous candidiasis. Cutaneous candidiasis is an infection of the skin and nails caused by the candida […]
Sentynl buys BridgeBio Pharma’s Fosdenopterin Rights
NEW DELHI: Sentynl Therapeutics, Inc. (Sentynl), a U.S. based biopharmaceutical company and a wholly owned subsidiary of Zydus Lifesciences Ltd. (formerly known as Cadila Healthcare Ltd.), focused on bringing innovative therapies to patients living with rare diseases and BridgeBio Pharma, Inc. (Nasdaq: BBIO) (BridgeBio), a commercial-stage biopharmaceutical company that focuses on genetic diseases and cancers, […]
Collins India to open 12 stores by 2023
NEW DELHI: Collins India, a global leader in high-quality hardware and Modular furniture (kitchens and Wardrobes) is set for a Pan-India expansion. A leading hardware brand since 1986, the company has always outperformed its industry hold through its unique offerings. With a core value to lend customers an access to their innovative line of products […]
NIESBUD signs MoU with Ministry of Rural Development
NEW DELHI: National Institute of Entrepreneurship and Small Business Development (NIESBUD) — an autonomous organisation under the Ministry of Skill Development and Entrepreneurship (MSDE) signed a Memorandum of Understanding (MoU) with the Ministry of Rural Development (MoRD) to develop a sustainable model for promoting entrepreneurship at the grass roots by initiating the Start-up Village Entrepreneurship […]