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Sun Pharma gets USFDA approval for new device to treat skin disease
Pharma major Sun Pharmaceutical Industries on Friday said it has received approval from the USFDA for a new medical device that treats a skin disease called actinic keratoses.
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Trump says India offered a trade deal with 'zero tariffs' on US goods
US President Donald Trump on Thursday said that India has proposed zero tariffs on American goods as part of efforts to strike a new trade agreement with Washington.
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Cabinet approves HCL-Foxconn joint venture under semiconductor mission
The Union Cabinet on Wednesday approved a semiconductor manufacturing facility by HCL and Foxconn under the India Semiconductor Mission.
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China's Ant Group sells $246 million worth of Paytm shares in block trade
China's Ant Group has offloaded 25.5 million shares of fintech firm Paytm in a block trade, raising approximately $246 million. The shares were sold at ₹823.10 ($9.69) apiece, according to a term sheet reviewed by sources.
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Avendus raises Rs 1,000 cr in first close of third structured credit fund
Avendus has raised more than Rs 1,000 crore in the first close of its third structured credit fund, as demand from high-net-worth individuals (HNIs) and family offices for customised private debt solutions grows in India’s evolving credit market.
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KFC operator Sapphire Foods Q4 profit remains flat, revenue up 13%
Sri Lanka restaurant EBITDA margin improved by 250 basis points year-on-year to 14.8 per cent. Sales grew 19 per cent in LKR (Sri Lankan rupee) terms and 31 per cent in rupee terms. This quarter marked the culmination of a strong turnaround for the Sri Lanka business over the year.
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Union Bank's ₹7.25 cr book purchase faces heat amid Subramanian's IMF exit
The report comes amid Subramanian's recent exit from his post as India’s executive director at the International Monetary Fund (IMF), six months ahead of schedule.
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