World Bank to share more data to attract investors to developing countries | World News

“All this work contributes to one goal: getting more private sector capital into developing economies to drive impact and create jobs,” Banga said. Photo: Bloomberg The World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to attract more private sector investment to… Continue reading World Bank to share more data to attract investors to developing countries | World News

Fierce competition among new drug brands for share of India market

Sun Pharma Q1 net profit drops 2% YoY, Revenue up 11%; US sales at $471 mn Mankind Pharma IPO to open next week: Check price band, GMP, other details Sun Pharma Q1 profit may be weighed by weak US generic sales and Taro nos Pharma stocks rally on lower price erosion, hopes of US generic… Continue reading Fierce competition among new drug brands for share of India market

Maruti’s share in parent Suzuki’s revenues reached highest ever in Q1FY24

Maruti Suzuki Jimny: Banking on Gypsy’s legacy to take on the SUV challenge Maruti Suzuki Q4 net profit up 42.6%; firm declares dividend of Rs 90/share More than budget carmaker: Maruti leads Rs 10-20 lakh segment at 23% share Maintaining its small-car dominance, Maruti leads mid-size PV sales in FY23 Maruti Suzuki looking to replicate… Continue reading Maruti’s share in parent Suzuki’s revenues reached highest ever in Q1FY24

Carlyle to acquire 5.91% stake in SpiceJet at Rs 48 per share

SpiceJet has sought its shareholders’ approval for Carlyle Aviation Partner, an aircraft lessor, to acquire a 5.91 per cent stake in the airline at Rs 48 per share. The lessor will acquire these shares through the conversion of its existing outstanding dues worth $28.16 million, according to the airline. “This will reduce the… Continue reading Carlyle to acquire 5.91% stake in SpiceJet at Rs 48 per share

Foreign players’ share in private sector capital expenditure declines

Over the past six months, the proportion of foreign companies in private sector investments aimed at the construction of new factories and facilities has diminished. This decline is a result of a surge of significant domestic announcements and a moderate slowdown in foreign capital expenditure plans, although foreign investments remain near peak levels. … Continue reading Foreign players’ share in private sector capital expenditure declines

India, Malawi share long-standing friendly relations: President Murmu

A parliamentary delegation from Malawi called on President Droupadi Murmu in New Delhi on Monday, the Ministry of External Affairs said. Welcoming the delegation to the national capital, the President said that both India and Malawi share cordial relations and there is immense scope for adding greater depth to the ties between the… Continue reading India, Malawi share long-standing friendly relations: President Murmu

Join debate, share experiences from Manipur: Anurag Thakur to Opposition

Anurag Thakur, (Photo: Twitter) Union minister Anurag Thakur on Sunday urged the opposition MPs who returned from Manipur to join a discussion in Parliament on the ethnic violence in the northeastern state and share their experiences from the visit. The Union information and broadcasting minister accused the opposition members of running away from… Continue reading Join debate, share experiences from Manipur: Anurag Thakur to Opposition

Competition for market share intensifies among cement companies in Q1

Shree Cement to invest Rs 7,000 crore to add 12 million tonnes of capacity Star Cement soars 11%, nears 52-week high on heavy volumes Cement stocks riding high on hopes of higher demand, capex push ACC, Ambuja, Dalmia Cement: Analysts remain selective on cement stocks Ambuja-ACC and JK Lakshmi Cement lead race for Sanghi Cement… Continue reading Competition for market share intensifies among cement companies in Q1

First Black full-face transplant recipient: ‘I share what I look like’

Robert Chelsea waited with his sister to be seated at a restaurant in Los Angeles. It was his first time going out to eat since he awoke from a six-month coma β€” and it would be years before he would receive a rare face transplant. β€œHe looks like a zombie,” a little boy in the… Continue reading First Black full-face transplant recipient: ‘I share what I look like’