BP invests about Rs 97 crore in BluSmart, its first fund in India

BluSmart will use the capital to expand its fleet of electric vehicles (EVs) and charging stations from its home city of Delhi to five additional Indian cities in the next two years

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Dynamic pregnancy intentions

A study found that pregnancy intentions often change over as short as a 12-month time period, and that they specifically vary with partner status, household income, and employment status.

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Adani Green arm acquires 40 Mw operating solar project in Odisha

The project has a long-term power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for Rs 4.235 per unit, with remaining PPA life of about 22 years

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Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily

The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with Rs 7.18 trillion wealth - only 9 per cent up over 2020

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Rising US bond yields, oil price trim September stock market gains

After surging 5%, the Sensex ends the month only 2.7% up

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India current account surplus at 0.9% in Q1FY22 after previous qtr deficit

Low fuel demand, higher NRI remittances drive surplus

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Govt seeks to empanel merchant bankers, legal advisors for share sales

Appointment will be for two years, extendable for one year; contenders can quote a fee as low as Re 1, must submit bids by October 20

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Emami eyes entry into new segments via acquisitions, investment in startups

Firm began investing in startups over three years back ago when it bet on Helios Lifestyle; it has also invested in personal care company Brillare

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Medanta brand-owner Global Health files IPO papers with Sebi

Proceeds from the fresh issue will be used to pay debt and general corporate purposes.

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Signaling from neighboring cells provides power boost within axons

Nerve cells (neurons) send signals throughout the brain and the body along long processes called axons; these communication and information processes consume high levels of energy. A recent study shows that the support cells around axons provide a way to boost local energy production. The new findings help explain how long axons maintain sufficient energy levels and could have implications for the treatment of several neurological disorders, including Parkinson's disease, Huntington's disease, and amyotrophic lateral sclerosis (ALS), linked to disruptions in axonal energy supply.

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Safer treatment for deep-seated tumors

Scientists have detailed the effects of copper cysteamine, a next-generation cancer photo-drug.

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BP invests about Rs 97 crore in BluSmart, its first fund in India

BluSmart will use the capital to expand its fleet of electric vehicles (EVs) and charging stations from its home city of Delhi to five additional Indian cities in the next two years

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MI vs PBKS: Gayle leaves IPL 2021 bio-bubble, to refresh himself for T20 WC

I want to refocus on helping the West Indies in the T20 World Cup and would like to take a break in Dubai, says Punjab Kings' Chris Gayle

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Monsoon to withdraw from Oct 6, ends 2021 with just 1% below normal rains

This is for the third straight year that the country has had rainfall in the normal and above category. It was above normal in 2019 and 2020 too

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Movement of genes within cells helps organisms tell time

Using the relatively simple clocks found in fruit flies, researchers reveal that the subcellular location of clock proteins and genes fluctuates with the daily passage of time, indicating that spatial information is translated into time-related signals.

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Scientists reverse pancreatic cancer progression in ‘time machine’ made of human cells

What makes pancreatic cancer so deadly is its covert and quick spread. Now, a 'time machine' has shown a way to reverse the course of cancer before it spreads throughout the pancreas.

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New analytical technique helps researchers spot subtle differences in subcellular chemistry

Researchers can now rapidly isolate and chemically characterize individual organelles within cells. The new technique tests the limits of analytical chemistry and rapidly reveals the chemical composition of organelles that control biological growth, development and disease.

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Alteria announces final close of second venture debt fund at Rs 1,800 cr

Alteria Capital Fund II will be the largest pool of alternative debt capital available for early and growth-stage start-ups in India

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PNB picks up 12% stake in NARCL, to cut holding by December

PNB's equity stake of 12.06 per cent will be reduced to 9 per cent by December 2021

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Adani seals deal to develop Western Container Terminal at Colombo Port

India's Adani Group on Thursday sealed a deal with the state-owned Sri Lanka Ports Authority (SLPA) to develop and run the strategic Colombo Port's Western Container Terminal.

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New nanoparticle developed for intravenous cancer immunotherapy

Cancer immunotherapy seeks to turn 'cold' tumors into 'hot' tumors -- those that respond to immunotherapy -- by awakening and enlisting the body's own immune system.

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NMDC eyes 47 million tonne iron ore production in FY22

NMDC Ltd is aiming to achieve 47 million tonnes of iron ore production during the current financial year and plans to spend Rs 3,720 crore on capital expenditure

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Zostel vs Oyo: Delhi High Court to hear case on October 7

Zostel is a backpacker hostels chain which has been embroiled in a legal battle with OYO for the last three years after merger talks broke down

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Wiggling worms suggest link between vitamin B12 and Alzheimer's

Worms lose their wiggle when they get Alzheimer's disease, but researchers found that worms fed a diet of E. coli with higher levels of vitamin B12 were given a layer of protection from the dreaded degenerative brain disease.

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Expanding the genetic code with quadruplet codons

Cells working with an expanded genetic code could make more diverse medicines. A new study shows scientists are within striking distance.

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What are ideal blood sugar levels for preventing repeat strokes, heart attacks?

Blood sugar control has always been important for people with diabetes when it comes to preventing a stroke. But a new study finds for people with diabetes who have a stroke, there may be an ideal target blood sugar range to lower the risk of different types of vascular diseases like a stroke or heart attack later on.

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A coup attempt at the IMF

The efforts now underway to remove Kristalina Georgieva are not only unjust, but could hamstring the Fund's management for years to come

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Expect more than 7% growth for India this decade: CEA Subramanian

Chief Economic Adviser K V Subramanian on Wednesday said India will clock over 7 per cent annual growth during this decade on the back of strong economic fundamentals

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Cabinet okays revamped mid-day meal scheme with expanded coverage

According to an official statement, coverage will now extend to the students studying in pre-primary or Bal Vatikas of government and government-aided primary schools

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Silver ETF to boost domestic MFs, can match gold ETF on popularity: experts

Globally, there are at least four silver ETFs with AUM of more than $1 billion. iShares Silver Trust, the world's biggest silver ETF, has AUM of over $12 billion.

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Govt expands ECLGS coverage ahead of festive season, economic upturn

The ECLG scheme will now end on March 31, 2022 or till guarantees for Rs 4.5 trn are issued, whichever is earlier. However, loans under the scheme can be disbursed till June 30

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Glioma subtype may hold the secret to the success of immunotherapies

A common mutation in gliomas sensitizes them to immunotherapy, a finding which researchers believe could have broader therapeutic implications for all glioma patients.

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Exoskeleton research demonstrates the importance of training

New research shows that the benefits people could reap from exoskeletons rely heavily on having time to train with the device.

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Strict lineage tracing crucial to nerve cell regeneration research

Stem cell scientists find that stringent lineage tracing is crucial for studies of nerve cell regeneration.

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Zostel vs Oyo: Delhi High Court to hear case on October 7

Zostel is a backpacker hostels chain which has been embroiled in a legal battle with OYO for the last three years after merger talks broke down

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PE firm KKR affiliate sells part of its stake in Max Healthcare

The shares were sold by Kayak Investment holdings, an affiliate of the private equity firm KKR for Rs 350 per share

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Back pain: Psychological treatment shown to yield strong, lasting pain relief, alter brain networks

A study of chronic back pain patients finds that more than two-thirds of those who underwent a novel, 4-week psychological treatment were pain-free or nearly pain-free afterward. Those in the treatment group also saw brain regions involved in pain processing quiet. For many, the benefits lasted at least one year.

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'Is that a bacon sandwich?' Fruit flies react to smells while asleep

Researchers have tracked flies' ability to interpret information while asleep, showing which parts of the brain remain 'awake'.

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AI-driven dynamic face mask adapts to exercise, pollution levels

Researchers have developed a dynamic respirator that modulates its pore size in response to changing conditions, such as exercise or air pollution levels, allowing the wearer to breathe easier when the highest levels of filtration are not required.

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Bajaj Auto swaps stake in KTM to get a share in Pierer Mobility

PMAG ups stake in KTM AG from 51.7% to 98.2%; Bajaj Auto becomes indirect partner in all PMAG brands

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Govt extends additional charge of PK Purwar as MTNL CMD till Oct 2022

The Appointments Committee of the Cabinet on Wednesday extended the additional charge of PK Purwar as chairman and managing director of loss-making telecom firm MTNL for a period of one year

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Tata AIA Life Insurance ties up with Practo for online medical consultation

Tata AIA Life Insurance on Wednesday said it has tied up with integrated healthcare company Practo for online medical consultation for its customers

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Kayak Investments pares stake in Max Healthcare; sells 84.4 million shares

Kayak Investments Holding, one of the promoter entities of Max Healthcare Institute Ltd, on Wednesday sold 84.4 million shares of the company for Rs 2,956 crore through open market transactions

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Govt begins Air India bid evaluation from Tata Group, SpiceJet founder

The government has begun evaluation of financial bids received from Tata Group and SpiceJet founder for the acquisition of Air India, sources said.

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Sensex swings 1,200 points on inflation fears; Bharti Airtel falls over 3%

Analysts said investors were booking profits in IT stocks after they gave good returns this year

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LIC invites applications to appoint chief financial officer ahead of IPO

The Union government plans to list LIC on the bourses by the end of this fiscal year

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Think tank seeks higher 18% GST on tetra pack from current 12% slab

A think tank has requested GST Council to levy a higher tax of 18 per cent on tetra pack, arguing that the product is incorrectly categorised in the 12 per cent slab as a paper-based aseptic packaging

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S&P sees indications of strong rebound in Indian economy after Q1

S&P retains 9.5% FY22 growth projection for India

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Data privacy, safeguarding client details important: FM Sitharaman

Sitharaman added that safeguard of client data is the backbone to bringing trust

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Godrej Industries raises Rs 750 crore through non-convertible debentures

Godrej Industries Ltd on Tuesday said it has raised Rs 750 crore through private placement of non-convertible debentures.

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UIDAI slashes Aadhaar authentication charge to Rs 3 from Rs 20: CEO

Aadhaar custodian UIDAI has slashed the price for authentication by customers to Rs 3 from Rs 20 per instance to enable entities leverage its infrastructure

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New AstraZeneca tie-up to explore vaccine tech for cancer, heart disease

An Imperial College London start-up has tied up with British-Swedish biopharmaceutical major AstraZeneca to explore the therapeutic uses of its vaccine technology

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Sebi to tweak fit and proper criteria; approves launch of silver ETFs

Markets regulator Sebi has decided to tweak the criteria for determining 'Fit and Proper Person' and given its approval for the launch of silver exchange-traded funds (ETFs) in the country

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Will change development scenario in J-K, Ladakh in next 2 years: Gadkari

Over Rs one trillion is being spent only for tunnels in Ladakh, and Jammu and Kashmir

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Living retina achieves sensitivity and efficiency engineers can only dream about

'Efficient coding theory' describes the most perfect, low-energy way to design a light-detecting device for a future camera or prosthetic retina. Or you could just look at a mammalian retina that's already organized this way. In a pair of papers on retinal structure, a team of neurobiologists has shown that the rigors of natural selection and evolution shaped our retinas to capture noisy data just as this theory of optimization would prescribe.

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‘Research autopsy’ enable scientists study why certain cancer therapies stop working

A new research study turns cancer scientists into molecular detectives, searching for clues for why certain cancers are able to spread and evolve by studying tissues collected within hours of death.

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Intense workouts before bedtime won’t guarantee a good night’s rest, new research shows

A new meta-analysis assessed data from 15 published studies to see how a single session of intense exercise affects young and middle-aged healthy adults in the hours prior to bedtime. And while no two bodies are the same, the researchers did find that the combination of factors would interact to enhance or modulate the effects of exercise on sleep.

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Aditya Birla Sun Life AMC allots shares worth Rs 789 cr to anchor investors

Aditya Birla AMC is looking at valuations of Rs 20,500 cr in its IPO-the fourth by a domestic mutual fund house

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Happiness in early adulthood may protect against dementia

While research has shown that poor cardiovascular health can damage blood flow to the brain increasing the risk for dementia, a new study indicates that poor mental health may also take its toll on cognition.

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LIC invites applications to appoint chief financial officer ahead of IPO

The Union government plans to list LIC on the bourses by the end of this fiscal year

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Link between diabetes and Alzheimer’s disease bolstered

Researchers show that chronic hyperglycemia impairs working memory performance and alters fundamental aspects of working memory networks.

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Targeting a rare secondary cancer in children

Known as pediatric radiation-induced high-grade gliomas (RIGs), this specific type of brain tumor is caused by cranial radiation therapy for other cancers, most often brain cancers. They account for nearly 4% of all childhood brain tumor deaths, but there have not been many studies on RIGs and how to treat them.

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Godrej Industries raises Rs 750 crore through non-convertible debentures

Godrej Industries Ltd on Tuesday said it has raised Rs 750 crore through private placement of non-convertible debentures. The management committee of the board of directors of the company has on September 28 approved the allotment of 7,500 rated, listed, unsecured, redeemable, non-convertible debentures having face value of Rs 10 lakh aggregating to Rs 750 Crore to an identified investor, Godrej Industries Ltd said in a regulatory filing. The company, which is a holding company of the Godrej Group, however, did not disclose the identity of the investor. The proceeds of the issue are proposed to be used for business purposes, investments, repayment or prepayment of certain loans and for general corporate purposes, it added. The NCDs, which will be listed on the National Stock Exchange of India, will have a tenure of 7 years with a redemption date slated for September 28, 2028, it added. Carrying a coupon rate of 7.58 per cent per annum, payable annually, the NCDs will be redeemed

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KKR-backed firm raises Rs 460 crore in India's first renewable InvIT

Virescent Renewable Energy Trust was floated in February this year by Virescent Infrastructure, which was set up in 2020 and is backed by global investment firm KKR

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Solar company Waaree Energy files for IPO, plans Rs 1,350 cr fresh issue

IPO also has OFS component; proceeds from fresh issuance will be used for setting up 2 Gw solar cell unit and 1 Gw solar PV module plant

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Exports at $185 bn till Sept 21, FTP extended till next March: Piyush Goyal

Minister says DGFT will also discuss issue of high prices charged by shipping firms with the concerned govt dept

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Metal recycling firm CMR Green Tech files IPO paperwork with regulator

Metal recycling company CMR Green Technologies has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale.

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Fertilizer firm Paradeep Phosphates gets regulatory nod to float IPO

The firm is primarily engaged in manufacturing, trading, distribution and sales of a variety of complex fertilizers such as di-ammonium phosphate (DAP) and NPK fertilizers

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Cryptocurrency recovery suggests players want to move past China ban

Bitcoin rallied close to $44,000 Monday

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PM Narendra Modi launches health ID, digital record for citizens

Experts flag privacy concerns in absence of data protection law

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Centre won't hit market to make up for GST compensation shortfall

To borrow Rs 5.03 trillion in Oct-March 2022

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N95 respirators could offer robust protection from wildfire smoke

N95 respirators offer the best protection against wildfire smoke and other types of air pollution, performing better than synthetic, cotton and surgical masks. N95s were so effective in the lab experiments that the researchers estimate their widespread use could reduce hospital visits attributable to wildfire smoke by 22% to 39%.

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Withdrawal from psychostimulants restructures functional architecture of brain

Researchers describe how withdrawal from nicotine, methamphetamine and cocaine alters the functional architecture and patterns in the brains of mice, compared to control animals, a key to developing addiction treatments.

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Unusual visual examination of objects may indicate later autism diagnosis in infants

A new study suggests that unusual visual inspection of objects may precede the development of the social symptoms that are characteristic of autism syndrome disorder.

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New potential factor contributing to severity of COVID-19 identified

Researchers have identified a protein that may critically contribute to severe forms of COVID-19.

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Beauty brand MyGlamm unveils Good Glamm Group, raises Rs 255 cr in Series C

With a Rs 750-crore war chest, the Good Glamm Group will also make strategic investments in innovative beauty and personal care brands

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Whirlpool to acquire additional 38% stake in Elica PB India for $57 mn

Consumer durables maker Whirlpool of India Ltd on Monday said it has inked a pact to acquire an additional 38 per cent stake in Elica PB India for $57 million (around Rs 420 crore)

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Drugs used by some Type 2 diabetics may lessen risk for severe COVID-19 outcomes, study suggests

A type of drug already used to treat obesity and Type 2 diabetes, when taken six months prior to the diagnosis of COVID-19, was associated with a decreased risk of hospitalization, respiratory complications and death in COVID-19 patients with Type 2 diabetes, according to researchers.

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Benefits of early intervention in autoimmune diseases

Complex autoimmune diseases affecting various organ systems remain one of the greatest medical challenges in spite of immense advances in treatment. In particular, the diffuse symptoms at the early stage of complex autoimmune diseases make it hard to diagnose the condition early on, which in turn delays treatment. A team of researchers has now demonstrated that treatment can be extremely effective if autoimmune diseases are treated as early as possible, even before the first clinical symptoms appear.

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Detecting dementia in the blood

Researchers want to image proteins with unprecedented precision -- and thus gain insights into the molecular pathogenesis of Alzheimer's. This should pave the way for an earlier diagnosis of the dementia disorder via a simple blood test. A successful pilot study has now been completed.

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Discovery of mechanics of drug targets for COVID-19

Researchers have discovered the working mechanism of potential drug targets for various diseases such as cancer, rheumatoid arthritis, and even COVID-19. The findings uncover the inner workings of cell receptors that are involved in cancer progression and inflammatory diseases.

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A 3D-printed vaccine patch offers vaccination without a shot

Scientists have created a 3D-printed vaccine patch that provides greater protection than a typical vaccine shot.

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Shrinking waveforms on electrocardiograms predict worsening health and death of hospitalized COVID-19 and influenza patients

Specific and dynamic changes on electrocardiograms (EKGs) of hospitalized patients with COVID-19 or influenza can help predict a timeframe for worsening health and death, according to a new study.

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Sterling Accuris to raise Rs 250 crore from fund managed by Morgan Stanley

Diagnostic lab chain Sterling Accuris Wellness on Monday said it has inked a pact to raise Rs 250 crore from a fund managed by Morgan Stanley Pvt Equity Asia in order to expand operations. Sterling, which started operations in 2016, has over 1,000 employees and operates around 150 labs and collection centers in Gujarat, Delhi, Rajasthan and Madhya Pradesh. The company is aiming a revenue of around Rs 250 crore in the current fiscal year. As diseases become more complex, the need for their quick and accurate diagnosis through testing will become more critical," Sterling Accuris Chairman Girish Patel said in a statement. This will lead to increased customer preference towards organised pathology lab networks, he added. "Over the last five years, Sterling Accuris have built a strong business in the markets we operate in and the growth capital infusion from a seasoned investor like Morgan Stanley will help the team accelerate the execution of our expansion plan," Patel noted. During

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Adani Wilmar rolls out 'Fortune Mart' stores in 6 states

Adani Wilmar, which markets edible oils and other food products under the Fortune brand, on Monday said it has opened 12 physical stores on franchisee model across six states and plans to start outlets across the country. "Adani Wilmar is opening physical stores under the name Fortune Mart which will exclusively sell Fortune and other Adani Wilmar brand products," the company said in a statement. The physical stores are being opened on a franchise model. Adani Wilmar has so far opened 12 Fortune Mart stores in Jaipur, Jodhpur, Lalitpur, Gandhinagar, Surat, Gandhidham, Jabalpur, Vidisha, Gwalior, Kharghar, Akola, and Haldia. These cover the states of Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Maharashtra and West Bengal. The company further aims to launch Fortune Mart stores in north and eastern parts of India in the coming quarter. "Fortune has become a household name and the most popular and preferred food brand in the country. The rollout of Fortune Mart stores aims to .

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YouTube aims to bring Shorts into the limelight, says Satya Raghavan

Raghavan said the firm was constantly adding more product features, depending on how consumers are using some of the existing ones, so that the product becomes more robust

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Bank of America-backed ACRE buys 32% stake in Jayaswal Neco Industries

The ARC is backed by other global distressed funds and investors like Davidson Kem­pner Capital Manageme­nt, Oaktree Capital and Ares SSG

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Goa, Jaipur set to become India's top leisure destinations: OYO data

OYO released the findings of its Unlocking Travel Report 2021 on the occasion of World Tourism Day

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CSS Corp is looking at IPO in late 2023 for its standalone business: CEO

Company's CEO says firm is working with business process management (BPM) company Startek on opportunities where they can add value

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Live news updates: Farmers hold Bharat Bandh; Modi to launch health scheme

Live news updates: Bharat Bandh from 6am to 4pm exempts essential services; Prime Minister Modi to speak about health welfare.

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Glenmark Pharmaceuticals sees potential of NONS to prevent Covid-19

The firm, which has tasted success with its oral antiviral drug favipiravir, is now betting on the NONS to drive revenues from its Covid-19 portfolio

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Essar Oil seeks extension on settling value-added tax arrears in UK

This seemed to be intended to calm speculation that it may be on the brink of collapse, following media reports to this effect

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Jet Airways staff approaches labour dept over non-payment of gratuity

The NCLT order, which is public now, provides for a very microscopic settlement for employees, which is pegged at Rs 52 crorE

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India emerges as Dubai's second biggest trade partner after China

Saudi Arabia came fourth with 30.5 billion dirham up 26 per cent from H1 2020, followed by Switzerland at 24.8 billion dirham

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Glenmark Pharmaceuticals sees potential of NONS to prevent Covid-19

The firm, which has tasted success with its oral antiviral drug favipiravir, is now betting on the NONS to drive revenues from its Covid-19 portfolio

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Invesco likely to move court if Zee Entertainment fails to call EGM

ZEEL board has three weeks to call the EGM

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India needs four-five SBI-size banks, says FM Nirmala Sitharaman

The finance minister also noted that some of the economically active regions of the country still lacked banking facilities

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Bitcoin miners eye N-power as environmental criticism mounts

Firms aim to bring advanced fission to energy-intensive process of minting new coins, diversify energy sources used by miners

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Essar Oil seeks extension on settling value-added tax arrears in UK

This seemed to be intended to calm speculation that it may be on the brink of collapse, following media reports to this effect

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Invesco likely to move court if Zee Entertainment fails to call EGM

ZEEL board has three weeks to call the EGM

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CSS Corp is looking at IPO in late 2023 for its standalone business: CEO

Company's CEO says firm is working with business process management (BPM) company Startek on opportunities where they can add value

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Jet Airways staff approaches labour dept over non-payment of gratuity

The NCLT order, which is public now, provides for a very microscopic settlement for employees, which is pegged at Rs 52 crorE

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Google to slash amount it keeps from sales on its cloud marketplace: Report

Alphabet Inc's Google will take a smaller cut when customers buy software from other vendors on its cloud marketplace, CNBC reported on Sunday

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Top property developers bet big on office properties as demand rises

Property consultant Colliers expects a fresh office property supply of between 33 and 38 million sq ft every year in the next three years, including the current one

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UP hikes cane SAP by Rs 25 a quintal ahead of polls; farmers say inadequate

Hike which is among the highest under BJP govt in UP, yet may not assuage protesting farmers, many of whom come from the sugarcane growing western part of the state

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Essar Oil in talks to extend January UK VAT payment deadline

Essar Oil UK, operator of Britain's Stanlow oil refinery, is in talks with UK authorities over extending a Jan deadline to repay hundreds of millions of pounds in deferred taxes, company said.

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SpiceJet now interim fixed pay system; some pilots flag salary cuts

Budget carrier SpiceJet, which had resorted to hourly-basis pay for pilots amid the pandemic, on Sunday said it has introduced a new "interim fixed salary system" for captains and first officers.

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IPL 2021, RCB vs MI Live score: Harshal's hat-trick takes RCB to victory

Check IPL 2021, RCB vs MI playing 11, Live scorecard, match commentary here

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Smartphone sensor data has potential to detect cannabis intoxication

A smartphone sensor, much like what is used in GPS systems, might be a way to determine whether or not someone is intoxicated after consuming marijuana, according to a new study.

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AstraZeneca Pharma India gets nod to import, market Selumetinib capsules

Drug firm AstraZeneca Pharma India on Sunday said it has received import and market permission from the Indian drug regulator for Selumetinib capsules. The company has received the import and market permission in Form CT-20 from the Drugs Controller General of India for Selumetinib 10 mg & 25 mg capsules, AstraZeneca Pharma India said in a regulatory filing. The receipt of this permission paves way for the launch of Selumetinib 10 mg & 25 mg capsules in India, subject to the receipt of related statutory approvals and licenses, it added. Selumetinib 10 mg & 25 mg capsules are indicated for treatment of pediatric patients 3 years of age and older with neurofibromatosis type 1 and who have symptomatic, inoperable plexiform neurofibromas, it added.

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Top property developers bet big on office properties as demand rises

Property consultant Colliers expects a fresh office property supply of between 33 and 38 million sq ft every year in the next three years, including the current one

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Inter-co managerial/leadership services to attract 18% GST

Managerial and leadership services by corporate office to its group companies/construction sites registered in different states would attract 18 per cent GST, Maharashtra bench of AAR has ruled. B G Shirke Construction Technology Pvt Ltd had approached the Authority for Advance Ruling (AAR) seeking to know whether the managerial and leadership services provided by the registered/corporate office to its group companies would be considered as 'supply of service'. Also, whether the lump sum amount charged by the registered/corporate office on its group companies would be liable to Goods and Services Tax (GST). Passing its ruling, the Maharashtra AAR held that managerial and leadership services by corporate office to its group companies and other construction sites registered in different States is "supply of service" and would be taxable under GST. AMRG & Associates Senior Partner Rajat Mohan said this ruling would mean an additional levy of 18 per cent GST on the inter-company ...

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Govt has no interest in acquiring any telecom firm: Vodafone Idea CEO

The govt has given an option to telcos to pay back interest on dues through equity and also conveyed that it has no interest in acquiring any telecom company, a top official of Vodafone Idea said

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ICICI Pru in discussion for onboarding Account Aggregator system: Official

ICICI Prudential Life Insurance Company Ltd (ICICI Pru Life) is in discussion for onboarding the Account Aggregator system, a financial data sharing platform to be regulated by the Reserve Bank. Earlier this month, the government unveiled the Account Aggregator (AA) network to allow sharing of financial data of individuals, which can be used by various financial services providers such as banks, insurers, fintech companies. "We really look forward to that. We have been in discussion for onboarding on that platform. What the system can really do is that it will digitise the whole journey (of data collection)...today if I have to ask a customer, I will have to ask for his bank statement, income tax statement among others. "It is a big enabler and there are some discussions. We will have to see operationally where exactly we are," Deepak Kinger, Chief - Risk and Compliance, ICICI Prudential Life Insurance Company (ICICI Pru Life), told PTI. When a customer buys an insurance policy, th

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Govt has no interest in acquiring any telecom firm: Vodafone Idea CEO

The govt has given an option to telcos to pay back interest on dues through equity and also conveyed that it has no interest in acquiring any telecom company, a top official of Vodafone Idea said

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DATA STORY: India reports 28,326 new cases, active cases on the rise

India has so far administered 856,081,527 vaccine doses. That is 2543.86 per cent of its total caseload, and 61.35 per cent of its population

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Examining factors like pricing, charging infra before EV rollout: Yamaha

Japanese two-wheeler major Yamaha is closely looking at development of enabling factors like charging infrastructure and battery production before entering the electric vehicle segment in the country

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DIPAM shortlists Cyril Amarchand Mangaldas as legal advisor for LIC IPO

The government aims to come out with the IPO and subsequent listing of Life Insurance Corporation on the bourses in the January-March quarter of 2022

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Honda to use Google's Android Automotive OS in its cars from 2022

Automobile major Honda has announced it will integrate Google's Android Automotive OS into an all-new model that will be launched in the second half of 2022

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DIPAM shortlists Cyril Amarchand Mangaldas as legal advisor for LIC IPO

The government aims to come out with the IPO and subsequent listing of Life Insurance Corporation on the bourses in the January-March quarter of 2022

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Market cap of top-10 valued firms jumps over Rs 1.56 trillion

During the last week, the 30-share BSE benchmark rallied 1,032.58 points or 1.74 per cent. The BSE Sensex made history on Friday by reaching the 60,000-mark for the first time ever.

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Global trends to steer markets; stocks may face volatility: Analysts

The BSE Sensex made history on Friday by reaching the 60,000-mark for the first time ever.

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US court pauses suit, allows Cairn Energy to settle tax dispute with India

The New York district court delayed the tax suit to November 18, according to court documents reviewed by PTI.

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US court pauses suit, allows Cairn Energy to settle tax dispute with India

The New York district court delayed the tax suit to November 18, according to court documents reviewed by PTI.

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Cyclone Gulab to make landfall today, IMD issues alert for Andhra, Odisha

The orange alert has been issued for moderate or heavy thunderstorms and wind speed with 30-40 km per hour to reach some districts of Odisha within the next three hours

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At least 3 killed, multiple injured after Amtrak train derails in Montana

Dispatcher Starr Tyler told The Associated Press that three people died in the derailment. She did not have more details. Amtrak said in a statement that there were multiple injuries.

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Fighting rivals, Netflix changes plotline with Seinfeld and Stranger Things

Covid-related delays made for a light roster of 2021 shows at the streaming giant, just as competitors such as Disney and HBO Max from AT&T Inc. have been gaining a foothold in the market.

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Invesco reiterates demand to oust Punit Goenka from Zee Entertainment

Invesco said newly constituted board supported will be best suited to evaluate and oversee potential for strategic transactions like the one announced on September

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PM Modi to address nation on 81st edition of 'Mann Ki Baat' today

Prime Minister Narendra Modi will address the 81st episode of his monthly radio programme 'Mann Ki Baat' on Sunday.

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Amit Shah to chair meeting with CMs of 10 Naxal hit states today

Shah will chair a high-level meeting with CM's of ten Naxal-hit states in Delhi on Sunday to review the current status as well as to discuss future road map for security and development issues

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'Damaged credibility': Modi's UN speech asks WHO, World Bank to shape up

Prime Minister faults world institutes for their work in tracing the origin of the Covid-19 and the suspension of an economic report reportedly manipulated under Chinese pressure

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Covid-19 live updates: Modi's UN speech pitches India as vaccine-making hub

Coronavirus updates: Modi tells UN General Assembly India has developed the world's first DNA vaccine; Kerala allows hotels and restaurants to open with 50% capacity.

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Invesco reiterates demand to oust Punit Goenka from Zee Entertainment

Invesco said newly constituted board supported will be best suited to evaluate and oversee potential for strategic transactions like the one announced on September

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When it comes to communication skills, maybe we’re born with it?

A neuroscientist and speech pathologist, led a study that uncovered how neural networks in infants influence their language learning skills in early childhood.

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In a gene tied to growth, scientists see glimmers of human history

A new study delves into the evolution and function of the human growth hormone receptor gene, and asks what forces in humanity's past may have driven changes to this vital piece of DNA.

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Guiding microbes along their path

The direction of movement of a microbe directly depends on the curvature of its environment, according to new findings. The researchers investigated the navigation of a model microbe, a small self-propelling microalga, in confined compartments with different shapes. They also developed theoretical models to predict the probability flux of that microswimmer which was confirmed by experiments. With this model available, it is now possible to pre-define the average trajectory of such microbes by manipulating the curvature of the compartments which directly affects their movement.

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Tesla starts judging owners it charged $10,000 for self-driving

Elon Musk has said that on Friday, the electric-car maker will roll out an updated version of its Full Self-Driving beta software, which until now has only been available to roughly 2,000 people

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China's top regulators ban crypto trading, sending bitcoin tumbling

10 agencies join hands for crackdown; Bitcoin, other coins slump

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France, Germany nominate WHO chief Tedros for a second term

Germany and France said they and other European Union countries have nominated Tedros Adhanom Ghebreyesus of Ethiopia for a second term as director-general of the World Health Organisation.

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Five stocks drive Sensex from 50,000 to 60,000: Check details here

RIL and Infosys have accounted for third of gains

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Advance tax collection up 52% in September quarter, shows CBDT data

Current mop-up 14.6% higher than the 2019-20 level of Rs 2.21 trillion

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Sensex sprints to 60,000: Latest 5,000-pt rally comes in record 28 sessions

In the past 18 months, a record number of first-time investors have entered the market

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After Evergrande, China lenders hold back on credit for property developers

Carrying $305 billion in liabilities, China's second biggest property developer inched closer to a potential default on Friday by missing the deadline on an interest payment.

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Evergrande's billionaire boss Hui Ka Yan exudes calm amid crisis

Evergrande missed a dollar bond interest payment deadline this week, moving closing to a potential default.

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Daikin to set up Rs 1,000-crore AC manufacturing plant in Andhra Pradesh

First firm to acquire land for a new factory under the PLI scheme for white goods

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Aditya Birla AMC eyes Rs 20,500 cr valuation in Rs 2,768 cr IPO

The IPO will entirely be a secondary share sale by promoters Aditya Birla Capital and Sun Life AMC; price band Rs 695-712 per share

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Shilpa Medicare to make drug substance for Cadila's ZyCoV-D vaccine

ZyCoV-D is the world's first approved DNA vaccine, and the first Covid-19 vaccine in India to be approved for use in adolescents 12 years and above

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Indian economy on sustained path of revival: Finance Minister Sitharaman

She said that the confidence in the Indian stock market is growing as retail and small investors are keenly investing money in the share market.

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Global oil and gas investment will be 30% below pre-Covid level: ONGC

Says country's energy mix leans heavily on fossil fuels, which meet 90% of domestic demand; India's energy needs to at least double by 2050 with strong growth expected in natural gas

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Daikin to set up Rs 1,000-crore AC manufacturing plant in Andhra Pradesh

First firm to acquire land for a new factory under the PLI scheme for white goods

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I firmly believe our Quad would act as a force for global good: PM Modi

PM Modi said that he was confident that 'our participation in Quad will ensure peace and prosperity in the Indo-Pacific as well as the entire world'

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Insights from our genome and epigenome will help prevent, diagnose and treat cancer

In 2020, an estimated 10 million people lost their lives to cancer. This devastating disease is underpinned by changes to our DNA – the instruction manual for all our cells.

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CCI slaps Rs 873-crore fine on UBL, Carlsberg for price fixing

In its 231-page order, which comes nearly four years after ordering a probe, CCI has also directed the companies, association and individuals to "cease and desist" from anti-competitive practices

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PM Modi applauds Joe Biden for vision and commitment to India-US ties

Prime Minister Narendra Modi on Friday applauded the commitment and vision shown by US President Joe Biden for India-US ties and the world at large.

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Reliance Jio adds 6.5 mn users in July, Vodafone Idea sheds 1.4 mn

Airtel subscribers up 1.9 mn in July

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Bulls take Sensex close to 60,000 as investor sentiment gets huge boost

Many expect the Sensex to go past 60,000 and the Nifty to top 18,000 in the next few sessions

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Decoding birds’ brain signals into syllables of song

Researchers can predict what syllables a bird will sing -- and when it will sing them -- by reading electrical signals in its brain, reports a new study. The work is an early step toward building vocal prostheses for humans who have lost the ability to speak.

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Kamala Harris thanks PM Modi for resuming Covid-19 vaccine exports

PM Modi meets Kamala Harris, says India and America are natural partners

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Trying to ease rules to make it easier for units to exit SEZs: Goyal

The commerce ministry is trying to ease norms for Special Economic Zones and make it simpler for units to exit these areas, union Minister Piyush Goyal said on Thursday.

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All states come on board for Rs 3 trillion discoms reforms scheme

States have been given till December to submit loss reduction plan; many of them will do so by October, says power minister

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Airtel's rights issue open Oct 5-21, priced at 26% discount to last close

Eligible shareholders will be able to apply for one share for every 14 shares held

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Breast cancers: Ruptures in cell nuclei promotes tumor invasion

When cells multiply and migrate, they can be compressed and their nucleus may break open. This phenomenon causes DNA damage. Scientists have now shown that this facilitates the spread of cancer cells in breast tumors.

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Child abuse and neglect linked to early death in adulthood

A new study found that adults who reported experiencing sexual abuse by the age of 16 had a 2.6 times higher risk of dying in middle age -- that is, between 45 and 58 -- than those who did not report sexual abuse.

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Deadly virus’s pathway to infect cells identified

Researchers have discovered how Rift Valley fever virus enters cells, pointing the way to new therapies to treat deadly Rift Valley fever.

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Paytm founder could see his stake go up by 2-4% in parent firm ahead of IPO

In August this year, the company had doubled its ESOPs pool from 24,094,280 to 61,094,280, this was approved by shareholders earlier this month

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Accenture forecasts upbeat revenue as firms adopt hybrid work models

For fiscal 2022, Accenture sees 12% to 15% of revenue growth and expects to spend a similar amount on acquisitions as last year.

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Reliance Jio adds 6.5 mn users in July, Vodafone Idea sheds 1.4 mn

Airtel subscribers up 1.9 mn in July

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Antibody-producing B cells may be 'predestined' for their fates

The master regulator behind the development of antibody-producing cells has been identified in a new study. The findings provide new insight into the inner workings of the immune system and may help understand how tissues develop and how certain cancers arise.

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Adjusting fatty acid intake may help with mood variability in bipolar disorders

Can specific dietary guidelines help people living with bipolar disorders better manage their health? Clinical trial results showed that a diet designed to alter levels of specific fatty acids consumed by participants may help patients have less variability in their mood.

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A new method for removing lead from drinking water

Engineers designed a relatively low-cost, energy-efficient approach to treating water contaminated with heavy metals such as lead.

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Therapy using dual immune system cells effectively controls neuroblastoma

A newly developed immunotherapy that simultaneously uses modified immune-fighting cells to home in on and attack two antigens, or foreign substances, on cancer cells was highly effective in mice implanted with human neuroblastoma tissue.

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Metastatic prostate cancer comes in two forms, which could guide treatment

Scientists have identified two subtypes of metastatic prostate cancer that respond differently to treatment, information that could one day guide physicians in treating patients with the therapies best suited to their disease.

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Kolkata-based RP Sanjeev Goenka Group ventures into personal care

This is the second major fast-moving consumer goods category that the group has entered in five years

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Indian auto dealers ask government for help after Ford exit setback

The Federation of Automobile Dealers Association (FADA) said in a letter to India's industries ministry, sudden exits by global companies "cause great distress."

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Artha Venture Fund launches programme to invest in Indian startups

Venture capital firm Artha Venture Fund on Thursday announced the Artha Access programme to make early-stage investments in Indian startups from its recently closed fund of Rs 225 crore.

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UltraTech joins RE100 initiative, aims 100% renewable energy usage by 2050

The country's leading cement maker UltraTech Cement on Thursday said it has joined the RE100 initiative and targets 100 per cent renewable energy usage by 2050.

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Vedanta to delist American depositary shares, focus trading on BSE, NSE

Mining giant Vedanta on Thursday said it will delist its American depositary shares and concentrate all trading of its equity shares on the BSE and NSE.

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Freshworks m-cap crosses $13 bn; over 10% employees turn 'crorepatis'

Freshworks is the first Indian SaaS company to get listed on Nasdaq

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Freshworks m-cap crosses $13 bn; over 10% employees turn 'crorepatis'

Freshworks is the first Indian SaaS company to get listed on Nasdaq

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India, UAE to sign trade pact by Mar 2022; Round-1 of CEPA talks this week

A new strategic economic pact is expected to increase bilateral trade in goods to $100 bn, services t $15 bn in 5 years

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ADB trims India's FY22 growth forecast to 10% on second wave impact

Downward revision stems from India's economic recovery getting impacted due to spike in Covid-19 cases in May, the agency said

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Blockchain technology startup New Street raises funding to expand globally

New Street said its flagship blockchain-based middleware - MiFiX, is amongst the world's first commercially successful blockchain ecosystems for the BFSI sector

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Those earrings are so last year – but the reason you're wearing them is ancient

Shell beads found in a cave in Morocco are at least 142,000 years old. The archaeologists who found them say they're the earliest known evidence of a widespread form of human communication.

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'Second-hand' psychological stress can lead to depression in mice, finds study

Few studies have explored the effect of psychological stressors on behavior, and neurogenesis, in the context of depression. With the elucidation of a vicarious social defeat stress mouse model, scientists have successfully endeavored in connecting the dots between psychological stress and depression.

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Sticking to low-fat dairy may not be the only heart healthy option, study shows

New research amongst the world's biggest consumers of dairy foods has shown that those with higher intakes of dairy fat - measured by levels of fatty acids in the blood - had a lower risk of cardiovascular disease compared to those with low intakes. Higher intakes of dairy fat were not associated with an increased risk of death.

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New guidelines to improve reporting standards of studies that investigate causal mechanisms

A new guideline has been developed to help scientists publish their research accurately and transparently. The AGReMA Statement (A Guideline for Reporting Mediation Analyses) provides recommendations for researchers who want to describe mediation analysis in their paper. Mediation analysis is primarily used to understand causation, ie how an intervention works or why it does not.

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Pioneering software can grow and treat virtual tumors using AI designed nanoparticles

The EVONANO platform allows scientists to grow virtual tumors and use artificial intelligence to automatically optimize the design of nanoparticles to treat them. The ability to grow and treat virtual tumors is an important step towards developing new therapies for cancer. Importantly, scientists can use virtual tumors to optimize design of nanoparticle-based drugs before they are tested in the laboratory or patients.

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Fed's Powell says taper could start in November, finish in mid-2022

US stocks pared gains, while yields on 10-year Treasuries pushed higher

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Chinese markets set for worst showing versus EM peers since 2004

The MSCI China index has underperformed the MSCI EM (excluding China) index by 28 per cent so far this year

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New research 'sniffs out' how associative memories are formed

Has the scent of freshly baked chocolate chip cookies ever taken you back to afternoons at your grandmother's house? Has an old song ever brought back memories of a first date? The ability to remember relationships between unrelated items (an odor and a location, a song and an event) is known as associative memory.

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Poorly circulated room air raises potential exposure to contaminants by up to six times

Having good room ventilation to dilute and disperse indoor air pollutants has long been recognized, and with the COVID-19 pandemic its importance has become all the more heightened. But new experiments show that certain circumstances will result in poor mixing of room air, meaning airborne contaminants may not be effectively dispersed and removed by building level ventilation.

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Freshworks m-cap crosses $13 bn; over 10% employees turn 'crorepatis'

Freshworks is the first Indian SaaS company to get listed on Nasdaq

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Fed signals bond-buying taper may start soon, split on 2022 hike

US stocks rose slightly, while yields on 10-year Treasuries maintained an earlier decline; the dollar remained lower after the decision

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Young children's diets could get worse under Covid, says UNICEF

Children under the age of two are not getting adequate food or nutrients they need to thrive and grow well, leading to irreversible developmental harm, according to a new UNICEF report

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Genetic regulation of blood cells: Proximity of a gene to a genetic change plays an important role

Researchers have gained significant new insight into the genetic regulation of blood cells. They achieved this by analyzing a dataset that included more than 31,000 study participants, to date the largest dataset of its kind.

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Global cancer risk from burning organic matter comes from unregulated chemicals

Scientists have found that benzo(a)pyrene, traditionally measured to gauge risk of developing cancer from exposure to polycyclic aromatic hydrocarbons (PAHs), is a poor proxy for this type of cancer risk.

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Restructuring plan: Ford India talks up compensation with dealer partners

As part of the restructuring plan, Ford will cease production of cars and sport utility vehicles at its plants and will sell vehicles only till stocks last

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Practo eyes $12-billion secondary care surgeries market in India

Practo plans to facilitate Rs 1,000 crore healthcare financing, including tier-1 to tier-3 cities over the next three years

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Tata Group to invest Rs 110 crore in health tech firm Karkinos

Comprehensive oncology platform Karkinos has closed a funding round with the Tatas with an investment commitment of Rs 110 crore, according to industry sources

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Walmart, Flipkart sign MoU with Tamil Nadu govt, to support MSMEs

Walmart and Flipkart on Wednesday announced the signing of memorandum of understanding with Department of MSME in Tamil Nadu to establish long-term cooperation for providing capacity building support

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Scientists identify new therapeutic target in ovarian cancer subtype with poor prognosis

Mutations in the ARID1A gene are present in more than 50% of ovarian clear cell carcinomas (OCCC), for which effective treatments are lacking. Scientists discovered that loss of ARID1A function enhances a cellular stress response pathway that promotes survival of cancer cells, which become sensitive to pharmacological inhibition of this pathway.

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MIND diet linked to better cognitive performance

Researchers have found that older adults may benefit from a specific diet called the MIND diet even when they develop these protein deposits, known as amyloid plaques and tangles.

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Is your child a fussy eater?

New research is providing a better understanding of what influences fussy eaters, and what is more likely to increase or decrease picky eating in children under 10.

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Nasal drugs show promise for slowing Parkinson’s disease progression in lab study

Researchers have shown that two lab-developed and nasally-delivered peptides helped slow the spread of alpha-synuclein in mice. 'If these results can be replicated in patients, it would be a remarkable advance in the treatment of devastating neurological disorders,' says the lead author.

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Population growth rates have shrunk more for minorities: Pew report

All religious groups in India show major decline in fertility rates

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Carlyle sells 3.4% stake in SBI Cards in two separate block deals

As per NSE information, the two tranches of 16 million shares each got executed at around Rs 1,021 apiece

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Govt eases rules for ammonium nitrate, calcium carbide to improve safety

This was done in the backdrop of the lessons learnt from the deadly Beirut explosion that killed about 140 people in August 2020

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Amazon spends $1.2 bn in legal expenses during 2018-20 for India presence

US e-commerce giant Amazon spent a staggering Rs 8,546 crore or USD 1.2 billion in legal expenses for maintaining a presence in the country during 2018-20, sources said.

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Ahead of IPO, Paytm employees add 545,000 more shares for monetisation

Last week, Paytm gave time till September 22 to employees to convert their ESOPs into shares for monetisation in the upcoming IPO

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Macleods Pharmaceuticals picks banks for $1-billion offering

The Mumbai-based company is planning to file its initial draft prospectus by January and is targeting a listing as soon as next year, the people said

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Adani bets $20 billion on green energy, takes on Reliance Industries

The target now pits the port-to-power behemoth against global giants

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Deepening Quad ties tops PM Narendra Modi's US visit agenda

On Saturday, Modi will visit New York and address the UN General Assembly (UNGA)

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84% Indians feel it's safe to return to office: Deloitte survey

One of the key trends emerging from the survey is the gradual return of Indians to their offices

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Paras Defence IPO subscribed 16.6x on Day-1 on strong retail interest

Experts said retail investors are enthused by the high premium commanded by Paras Defence in the grey market

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Our eyes and brain work together to create a ‘pipeline’ of meaning – new study

Humans read by 'pre-processing' written words to create a pipeline of meaning, according to new research.

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Novel method of bioprinting neuron cells

Researchers have developed a new method of bioprinting adult neuron cells. They're using a new laser-assisted technology that maintains high levels of cell viability and functionality.

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Darwin’s short-beak enigma solved

Biologists discovered that a mutation in the ROR2 gene is linked to beak size reduction in numerous breeds of domestic pigeons. Surprisingly, different mutations in ROR2 also underlie a human disorder called Robinow syndrome. The ROR2 signaling pathway plays an important role in the craniofacial development of all vertebrates.

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Right program could turn immune cells into cancer killers

Cancer-fighting immune cells in patients with lung cancer whose tumors do not respond to immunotherapies appear to be running on a different 'program' that makes them less effective than immune cells in patients whose cancers respond to these immune treatments, suggests a new study.

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Mice’s learning skills help researchers pinpointing brain areas where acquired knowledge is stored

Is it a Rembrandt or a Vermeer? For lay people, it is often challenging to distinguish paintings by these two old masters. For the trained eye of an expert, on the other hand, it is not difficult at all. Scientists have now demonstrated that mice can also become experts in sorting images into categories. The study shows that part of the category knowledge is already present in early visual areas, highlighting how widespread such semantic memories are stored throughout the brain.

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Antibiotic levels measurable in breath

A team of engineers and biotechnologists has shown in mammals that the concentration of antibiotics in the body can be determined using breath samples. The breath measurements also corresponded to the antibiotic concentrations in the blood. The team's biosensor -- a multiplex chip that allows simultaneous measurement of several specimens and test substances -- will in future enable personalized dosing of medicines against infectious diseases on-site and help to minimize the development of resistant strains of bacteria.

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Access to essential cancer medicines unequal across countries

Patients in most countries of the world do not have access to basic cancer medicines, according to new research. Their article asked oncologists worldwide to list the most important cancer medicines and to describe whether patients could access these medicines in their home country.

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Scientists find a key to hepatitis C entry into cells

Scientists describe the structure of a key protein on the surface of the hepatitis C virus (HCV) and how it interacts with its receptor found on some human cells. The findings provide new leads for developing an HCV vaccine.

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Evergrande crisis: Metal index down 6.8% amid fears of lower China demand

Analysts, however, see the fall in iron ore prices a lead indicator and expect steel prices to decline soon

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Evergrande crisis: Metal index down 6.8% amid fears of lower China demand

Analysts, however, see the fall in iron ore prices a lead indicator and expect steel prices to decline soon

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Monetisation pipeline key for NHAI fund requirement: CRISIL report

Monetisation of road assets holds the key here as it accounts for 27 per cent of the NMP in value terms

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Stroke study reveals optimal timing and intensity for arm and hand rehabilitation

A phase II, randomized clinical trial found that the optimal period for intensive rehabilitation of arm and hand use after a stroke should begin 60 to 90 days after the event.

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Nestle increasing number of female employees to increase gender diversity

FMCG major Nestle India is increasing the number of its women employees as part of its gender diversity efforts.

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FSSAI plans to introduce 'front of package label' to regulate junk foods

FSSAI CEO Arun Singhal on Monday said there is a plan to introduce front-of-package (FoP) labeling on packaged foods to help consumers make healthier food choices

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Poonawalla Fincorp to clean up by shutting ops in elevated default areas

Adar Poonawalla backs former MD Bhutada, says he hasn't done anything, according to lawyers

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Carlyle to divest 3.4% stake in SBI Cards, puts 32 mn shares in the block

Price band set at Rs 1,021-Rs 1,072.3 per share; At the lower end of the band, Carlyle will raise Rs 3,267.2 crore

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UPI IPO mandate creation dips in August despite best mop-up in 4 years

5.9 mn mandates were created compared to 7.7 mn in July

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Sony launches Alpha ZV-E10 mirrorless camera starting at Rs 59,490

Sony on Monday announced a portable mirrorless camera 'Alpha ZV-E10' with a feature-set optimized for vloggers and content creators.

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More than 40% of adults with no known heart disease had fatty deposits in heart arteries

More than 40% of middle-aged adults with no known heart disease had signs of atherosclerosis, a buildup of fatty deposits that reduce blood flow to the heart, in a study of more than 25,000 adults in Sweden. In more than 5% of the people who had a buildup of fatty deposits, the atherosclerosis narrowed at least one artery by 50% or more. In nearly 2% of the people with artery deposits, the narrowing was so severe that blood flow was obstructed to large portions of the heart.

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Salesforce Ventures makes strategic investment in Indian startup Razorpay

Razorpay said this investment and partnership will make an impactful contribution to the industry and drive adoption and financial growth for underserved small businesses in the next twelve months

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Securities transaction tax collection in Sept to exceed full year's target

Collections already stand at Rs 12K crore, compared to Budget target of Rs 12.5K crore

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CARS24 valuation soars to $1.8 billion after raising $450 million

Fundraise includes Series F equity round of $340 mn, debt of $110 mn

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Diabetes medications linked to glaucoma prevention

Retrospective data from more than 5,000 patients shows that GLP-1R agonists may be protective against the disease.

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Evergrande crisis: Metal index down 6.8% amid fears of lower China demand

Analysts, however, see the fall in iron ore prices a lead indicator and expect steel prices to decline soon

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Texmaco Rail looks to pare short-term debt to enhance profitability

Ashish Kumar Gupta, deputy managing director, TexRail, said the company is going to finalise the size and pricing of the rights issue before September-end

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CARS24 valuation soars to $1.8 billion after raising $450 million

Fundraise includes Series F equity round of $340 mn, debt of $110 mn

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Meeting sleep recommendations could lead to smarter snacking

Missing out on the recommended seven or more hours of sleep per night could lead to more opportunities to make poorer snacking choices than those made by people who meet shut-eye guidelines, a new study suggests.

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Students’ certainty about belonging and their performance in a STEM course reinforce each other – for better or worse

New research shows that belonging insecurity in a STEM course, specifically a first-year chemistry course, can affect a student's midterm scores, which can then feed back into the student's belonging uncertainty. For students in groups that are underrepresented in STEM, there's a danger that such a feedback loop could cause them to decide that science isn't for them, deterring potential scientists from even entering a STEM field.

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Vaccinated groups who are at highest risk of COVID-19 hospitalization and death identified using new QCovid tool

Researchers report new findings on the vaccinated people who are at greatest risk from severe COVID-19 leading to hospitalization or death from 14 days post the second dose vaccination, when substantial immunity should be expected. By updating the QCovid tool, they are able to identify groups more at risk of hospitalization or death from COVID-19.

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Lessons from how bats resist COVID could inform new treatments in humans

A new paper explores the idea that studying bats' responses to SARS-CoV-2 may provide key insights into how and when to best use existing therapies for COVID-19, and to develop new treatments. The paper is a major review of how the virus that has caused the current pandemic wreaks havoc on the human immune system.

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Iconic French pâtisserie, Laduree, debuts in India: Check details here

With a master franchisee deal with Noida-based CK Israni Group, Ladurée is kickstarting its foray into India with its first salon de thé in Delhi's upscale Khan Market

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Indian markets at dizzying heights; don't go overboard: Experts

Experts warn investors against going overboard as they see the risk-reward ratio turning unfavourable at the current levels

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Abhay Bhutada hasn't done anything as per lawyers, says Adar Poonawalla

Poonawalla said Abhay Bhutada, who resigned last week from post of Managing Director on alleged charges of insider trading, "hasn't done anything" as per the lawyers and others who gave him reports

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Abhay Bhutada hasn't done anything as per lawyers, says Adar Poonawalla

Poonawalla said Abhay Bhutada, who resigned last week from post of Managing Director on alleged charges of insider trading, "hasn't done anything" as per the lawyers and others who gave him reports

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Ease of doing business helped create more startups: Piyush Goyal

Simplification, facilitation and ease of doing business has helped India create more startups, Commerce and Industry Minister Piyush Goyal said on Sunday.

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States slam FM plan to not extend GST compensation after June 2022

Opposition-ruled states saymatter was deferred for further discussions during Friday's meeting

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PE major Advent International buys majority stake in Eureka Forbes

Signs deal with SP Group at Rs 4.4K-crore valuation

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PE major Advent International buys majority stake in Eureka Forbes

Signs deal with SP Group at Rs 4.4K-crore valuation

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DishTV seeks more time for AGM after Yes Bank notice regarding directors

Time sought to allow firm to comply with all applicable laws in respect of the notices and ensure it does not default on regulatory and lender covenants

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Samsung Galaxy S22 will have 3,700 mAh battery, says report

According to GizmoChina, the battery size is tiny by today's standards, especially considering that processors that power flagship phones are known to be real fuel-guzzlers.

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Iconic French pâtisserie, Laduree, debuts in India: Check details here

With a master franchisee deal with Noida-based CK Israni Group, Ladurée is kickstarting its foray into India with its first salon de thé in Delhi's upscale Khan Market

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KEC International acquires oil gas firm Spur Infra for Rs 62 cr

Spur Infra has achieved an annual revenue in excess of Rs 100 crore, and has a profitable track record and technical expertise. It has an order book of Rs 600 crore

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Pure-play electric two-wheeler firms may fail to ride auto PLI scheme

Unsurprisingly, the maximum investment has gone into creating capacities for electric two-wheelers, followed by the rest

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Market cap of four of top-10 most-valued cos jumps Rs 65,464 crore

Bharti Airtel and State Bank of India emerging as the biggest gainers

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Amid tapering fears, rising imports, rupee to face pressure next week

Global anxieties along with rising imports and persistently high crude oil prices will weaken the Indian rupee in the coming week.

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Gold price today at Rs 45,390 per 10 gm, silver trending at Rs 61,600 a kg

In New Delhi, the price of 22-carat gold was down at Rs 45,550 per 10 gm while in Chennai, it declined to Rs 43,710.

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Abhay Bhutada hasn't done anything as per lawyers, says Adar Poonawalla

Poonawalla said Abhay Bhutada, who resigned last week from post of Managing Director on alleged charges of insider trading, "hasn't done anything" as per the lawyers and others who gave him reports

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Ease of doing business helped create more startups: Piyush Goyal

Simplification, facilitation and ease of doing business has helped India create more startups, Commerce and Industry Minister Piyush Goyal said on Sunday. For promoting startups, the government is creating future global leaders and wants to become the innovation hub of the world, he said during an interaction with the industry representatives in Bengaluru. "India has been able to create the third largest startup ecosystem in the world since its launch.This has been possible by the government's focus on reforms like simplification, facilitation and ease of doing business," he said. He called upon the industries to be self-sufficient in the area of semiconductors. Goyal also suggested the participants to formulate a draft road map for the development of startups.

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Fortune Park Hotels to add five hotels in India by December 2022

These five hotels will be -- Fortune Resort Benaulim Goa, Fortune Park in Hoshiarpur (Punjab), Fortune Park in Tirupur (Tamil Nadu), Fortune Select in Goa and a Fortune Inn in Haldwani (Uttarakhand)

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Kohli to step down as Royal Challengers Bangalore captain after IPL 2021

One of the most decorated players of the franchise, the star batsman will continue to be a part of the RCB squad.

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What are Vector-borne diseases? Here're symptoms, history in numbers

These diseases account for more than 17 per cent of all infectious diseases, causing over seven lakh deaths across the world annually.

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Welspun India to invest Rs 800 cr on capacity enhancement over next 2 years

Welspun India has said it is looking to invest around Rs 800 crore on capacity expansion of its home textiles and flooring businesses over the next two years. Welspun India, the country's largest home textiles manufacturer, would invest Rs 656.5 crore on its home textiles business expansion during FY'22-23. Its plans include augmenting its towel manufacturing capacity by 20 per cent to meet the growing demand from the overseas customers. The board of the company in a meeting held on Saturday approved plans to augment towel manufacturing capacity at its Anjar, Kutch (Gujarat)-based plant to 1,02,000 metric tonnes per annum (MTPA) from the existing 85,400 MTPA. "Keeping in view the recent trend of customers focus to track the entire value chain i.e., 'Farm to Shelf', the board has approved an investment in 40 looms for towel fabric at Anjar which represents 7 per cent of installed capacity," said Welspun India in a late night regulatory filing. While for its Vapi, Valsad (Gujarat) ba

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Ambika Soni declines to become Punjab CM, suggests a Sikh for the post

Congress leader Ambika Soni, who was called in a late night meeting with Rahul Gandhi, has declined to become the Punjab chief minister

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Hope Amarinder Singh will not take any step which may harm Congress: Gehlot

Rajasthan Chief Minister Ashok Gehlot on Sunday expressed hope that senior Congress leader captain Amarinder Singh would take no step which may harm the party

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Money trail prima facie indicates Anil Deshmukh received Rs 4.7 cr: Court

A special PMLA court has said the money trail prima facie indicates that former Maharashtra home minister Anil Deshmukh received Rs 4.7 crore from Waze and his aide Kundan Shinde

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Work in full swing to introduce retro-styled Harley-Davidson: Hero MotoCorp

Leading two-wheeler maker Hero MotoCorp is going full throttle to launch a Harley-Davidson model with retro styling as it looks to enter a very profitable segment in the premium motorcycle space

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'Illogical' prejudice against diesel vehicles, says Force Motors

Force Motors has pointed out unscientific and "ill-founded prejudices" against diesel-powered commercial vehicles and has sought free movement of such vehicles inside cities

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WHO Experts' Group to take a call on EUL for Covaxin on October 6

The Strategic Advisory Group of Experts on Immunization of the WHO would be meeting in October to make its recommendations on Bharat Biotech's COVID-19 vaccine Covaxin on Emergency Use Listing

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Australia says it was 'upfront' with France over submarine deal

Australia ditched the 2016 deal with France's Naval Group to build a fleet of conventional submarines

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Hindustan Copper undertakes projects to increase output, mining capacity

State-owned Hindustan Copper is taking requisite actions to increase the output from its mines and is also in the process of augmenting the mining capacity through expansion projects

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PM will decide on continuing infra investments in Afghanistan: Gadkari

India has invested around $3 billion in different welfare and infrastructure projects in Afghanistan.

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PM urges people to take part in auction of gifts, mementos received by him

Modi on Sunday urged people to take part in the auction of several gifts and mementos that he has received over the years, and said the proceeds would go to the 'Namami Gange' initiative

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USA's new space race slows down as Bezos sues to keep Musk from soaring

Bezos's companies are increasingly resorting to politics and legal filings to get ahead as they fall behind Elon Musk's SpaceX and satellite-based broadband services

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Tree transplantation in cities have no method; doesn't help green cover

With poor transplanting methods and shoddy aftercare, trees stand a poor chance of survival, show examples from across India

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Fuel prices stable for fortnight amidst volatility in global oil market

Auto fuel prices in the country have maintained stability amidst volatility in global oil prices with crude on the rise again.

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Imran Khan says Biden faced 'unfair criticism' over Afghanistan withdrawal

Notably, Khan has not received any call from the US President so far

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Tim Cook faces rare employee unrest over Apple's 'culture of secrecy'

Hundreds of current and former Apple workers are complaining about their work environment, a rarity for the once tight-lipped company

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Covid-19 live updates: Kerala to reopen schools; UK eases travel rule

Covid-19 live updates: Adar Poonawalla says India may resume exporting vaccines by the year-end; civil aviation ministry allows airlines to increase capacity.

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Kerala CM inaugurates Digital Hub; aims to have 15K start-ups in next 5 yrs

Chief Minister Pinarayi Vijayan has inaugurated "Digital Hub" with a capacity to support 200 start-ups via video conferencing, said a press release from Chief Minister's Office

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Four space tourists end their trailblazing trip with Atlantic splashdown

The all-amateur crew was the first to circle the world without a professional astronaut

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India to procure over 250 mn Covid vaccine doses per month: Govt sources

India will have more vaccine doses production from next month onwards after supply of Biological E's Covid -19 vaccine starts.

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Infants exposed to domestic violence have poorer cognitive development

Infants coming from homes with domestic violence often go on to have worse academic outcomes in school due to neurodevelopmental lags and a higher risk for a variety of health issues, including gastrointestinal distress, trouble eating and sleeping, as well as stress and illness.

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Discovery highlights the complex lifestyles of frontline immune cells

Researchers have made a surprise discovery about how immune 'sentinel' cells are maintained, which could have implications for drugs in development for treating cancer.

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Brain microstructural damage related to cognitive dysfunction and steroid medication in lupus patients

Researchers attempted to unravel such mechanisms by adopting non-invasive diffusion magnetic resonance imaging (MRI) to study the brains of SLE patients, particularly the white matter, coupled with computerized neuropsychological assessment. White matter lies beneath the grey matter cortex in the human brain and comprises millions of bundles of nerve fibers that transmit signals to different brain regions.

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Sachin Bansal's Navi MF files documents for 4 new passive funds

During past two months, fund house has filed 14 schemes, all passive. In August, it had filed seven offer documents with Sebi in a single day

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Oil regulator PNGRB seeks bids for city gas retailing licence for 65 areas

Oil regulator PNGRB on Friday invited bids for giving out city gas retailing licence in 65 geographical areas (GAs) including Jammu, Nagpur, Pathankot and Madurai

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JM Financial Products to raise Rs 500 crore via first tranche of NCD issue

The issue will continue to help the company diversify borrowing and investor mix, says MD

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WTO Agreement on Agriculture tilted against developing countries: Goyal

The Agreement on Agriculture at the WTO was riddled with deep imbalances, which favour the developed countries and have tilted the rules against others, commerce minister Piyush Goyal has said.

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Time until dementia symptoms appear can be estimated via brain scan

Researchers have developed an approach to estimating when a person who is at high risk of Alzheimer's dementia but has no cognitive symptoms will start showing signs of cognitive decline. The approach is based on data from a single brain scan, combined with the person's age.

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Gut bacteria might be an indicator of colon cancer risk

Researchers are finding a link between the increased presence of certain bacteria in a gut biome and colon cancer.

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Faster research through automation: New way to count micronuclei in cells

Researchers have created a novel automated program that accurately and quickly counts micronuclei in stained images. Micronuclei are small nucleus-like structures that are markers of pathologies such as cancer. The development of this automated program will be useful for future research into micronuclei and may aid in the diagnosis and tracking of a range of pathologies.

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Taking steps towards building more diverse organisation: Grofers

The company has over 2,000 employees

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Covid-19 jabs cross 22-million mark on PM Narendra Modi's birthday

Business Standard's analysis showed that of the 20 million doses on Friday, nearly 40 per cent were second and remaining 60 per cent were first doses

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PAN-Aadhaar linkage deadline extended by six months till March 2022

The government on Friday extended by six months till March 2022 the deadline to link PAN with biometric ID Aadhaar.

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Covid-19 vax export curbs may ease in two months: Adar Poonawalla

Poonawalla said easing the export restrictions is a government of India's decision, and he will go by what the Centre feels is appropriate

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Wipro launches co-innovation space with Google Cloud in Bengaluru

IT services major Wipro on Friday announced the launch of the Wipro-Google Cloud Innovation Arena in Bengaluru to accelerate adoption of cloud services. This cloud collaboration space will provide in-house technical expertise, ensure seamless cloud adoption, and accelerate innovation to drive business transformation for customers, a statement said. "By combining the expertise and resources of Wipro FullStride Cloud Services and Google Cloud, this jointly developed innovation centre will offer a unique combination of people, processes, and platforms that will collectively create a futuristic experience for customers globally," it added. This arena will also showcase the talent, tools and best practices required to develop and deploy applications on Google Cloud. "We are excited to strengthen our partnership with Google Cloud, and look forward to leveraging the Wipro-Google Cloud Innovation Arena to increase cloud capabilities, build solutions across industries, and help our customer

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Tata Motors drives in Safari Gold Edition at Rs 21.89 lakh

Tata Motors on Friday said it has launched a special edition of its flagship model Safari priced at Rs 21.89 lakh (ex-showroom) to further spruce up the range ahead of the festive season. The Safari Gold Edition, which comes in two carefully crafted special colour schemes -- The White Gold and The Black Gold -- is set to be showcased at the upcoming second leg of the VIVO IPL 2021. The interiors have been further enhanced with premium features like leather seats with ventilation on both the first and second rows, wireless charger, air purifier, Android Auto & Apple Carplay over Wifi, making it the most impressive version of the Safari yet, the auto major said in a statement. "In less than five months after its launch, our premium flagship SUV, the new Safari reached the milestone of its 10,000th rollout and today is among the highest selling SUVs in its segment. "The Safari has received immense love from our customers and keeping in mind the response, we are delighted to announce .

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Tata Consultancy Services to invest Rs 690 cr in Innovation Park in Kochi

In a big boost to the Kerala government's bid to attract investment, leading IT services provider Tata Consultancy Services (TCS) has agreed to invest Rs 690 crore to set up an Innovation Park in Kochi. The state government has allotted 36.84 acres of land to TCS Ltd for setting up a unit for Electronics Hardware & IT/ITES in KINFRA Electronics Manufacturing Cluster, Kakkanad, Kochi. A Memorandum of Understanding (MoU) in this regard was signed here on Friday in the presence of Chief Minister Pinarayi Vijayan and Industries Minister P Rajeev, an official statement said. KINFRA Managing Director Santhosh Koshy Thomas and TCS Kerala Vice President Dinesh P Thampi signed the MoU. TCS Ltd intends to operate a campus for Electronics Hardware & IT / ITES in an area of ??36.84 acres of land in KINFRA Electronics Manufacturing Cluster, Kakkanad, with an investment of Rs 698 crore and would accommodate nearly 10,000 employees in a phased manner, the release said. The proposed project ..

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Six stages of engagement in ADHD treatment revealed in new, diverse study

Six stages of engagement in treatment of Attention-Deficit/Hyperactivity Disorder (ADHD) have been reported by researchers based on a diverse study, inclusive of parents of predominantly racial and ethnic minority children with ADHD.

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Witnessing abuse of sibling can lead to mental health issues

Researchers find that youth who witness the abuse of a brother or sister by a parent can be just as traumatized as those witnessing violence by a parent against another parent. Such exposure is associated with mental health issues like depression, anxiety and anger.

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Discovery of rapid-response signaling platform suggests new path for blocking allergic inflammation

A recent study reveals new details about how the body's type 2 innate immune response system works.

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Can fruit fly research help improve survival of cancer patients?

Scientists don't really know what kills many cancer patients, but fruit fly research could provide answers. By following flies with tumors up to the point of death, researchers have discovered chemicals produced by tumors that shorten life span apart from the damage done locally to critical organs. This suggests a novel strategy for extending a healthy life span in those with a cancer burden: block the tumor-generated chemicals and the damage they do.

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Microneedles pierce biofilm for more effective topical delivery of antibiotics to infected wounds

An engineer has developed a microneedle array that punctures biofilm covering ulcerated cells and tissues. The needles deliver antibiotics to the wounds by absorbing liquid underneath the biofilm and then dissolving.

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Scientists demonstrate pathway to forerunner of nanotubes that could lead to widespread industrial fabrication

Scientists have identified a chemical pathway to an innovative nanomaterial that could lead to large-scale production for applications ranging from spacesuits to military vehicles.

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How scents take on meaning

Once a scent is detected, different areas of the brain are activated. A team has recently discovered that structures of the olfactory sense work closely together with the brain's reward and aversion systems. This means that scents are processed not only by the olfactory center but also by regions responsible for emotions and valence determination.

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Newly discovered two-cell color detection system of lamprey as clue to the evolution of color vision

Using the lamprey, researchers analyzed the photosensory mechanism of the pineal organ, also called the pineal gland, in non-mammalian vertebrates and discovered a novel mechanism of pineal color discrimination (two-cell system) in which two types of photoreceptor cells, each containing two different opsins, are used to detect color. This discovery may provide insight into the evolution of color detection in other animals, including color vision in humans.

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Moratorium under IBC applies only to corporate debtor not to promoters: SC

The Supreme Court has held that moratorium under provisions of IBC which restrains initiation of any fresh proceedings applies only to the Corporate Debtor but does not protect the promoters

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Studies biased toward genomes of people with European ancestry still predict cancer risk in diverse groups, research finds

Data sets that are biased by having too many genomes from people with European ancestry can still be applied to other ancestry groups to predict their risk of developing breast and prostate cancer, researchers report.

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Research reveals drug targets for memory enhancement

New research has identified specific drug targets within the neural circuits that encode memories, paving the way for significant advances in the treatment of a broad spectrum of brain disorders.

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Parental alienation, partner abuse: Two sides of same coin, says social psychologist

According to a new study, parental alienating behaviors and coercively controlling abuse are similar, and should be treated similarly in family court proceedings.

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Bharti Airtel chairman Sunil Mittal dials Voda, Jio to strike synergy note

Telecom reforms have paved the way for all players to come together and work as a team to unleash India's telecom dream, he said

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Don't fake it, just be yourself; Amazon CEO's tips to crack job interview

In a fireside chat at LinkedIn's Career Day event, Andy Jassy says Amazon is an unusual place to build a career. It's an amazing place if you want to have an impact on the world

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Inflation is moderating faster than foreseen, proves MPC's call right: RBI

The glide path should take inflation down to 5.7% in 2021-22; below 5% in 2022-23, and closer to 4% by 2023-24, said DG Patra

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Inflation is moderating faster than foreseen, proves MPC's call right: RBI

The glide path should take inflation down to 5.7% in 2021-22; below 5% in 2022-23, and closer to 4% by 2023-24, said DG Patra

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JSW Steel raises $1 billion via bonds issuance in overseas market

The company says it is the first in the steel sector globally to issue an SLB in a hard currency

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Power Finance Corp issues maiden Euro Green Bond, aims to mop up £300 mn

The 7-year instrument has been priced at 1.841%, which PFC says is the lowest yield locked in by an Indian issuer in Euro markets

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Paras Defence's Rs 171 cr IPO opens Sept 21, price band Rs 165-175

At the top-end, Paras Defence will have a market capitalisation of Rs 683 crore on a post-diluted basis

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Saliva test for COVID-19 outperforms commercial swab tests, study shows

The DRUL saliva assay has been shown to be safer, more comfortable, and less expensive than comparable COVID screening tools. Now a new study demonstrates that it is at least as sensitive as swab tests, too.

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COVID-19 nasal vaccine candidate effective at preventing disease transmission, study shows

A nasal vaccine candidate for COVID-19 is showing good results in providing durable local immunity against inhaled pathogens.

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Noninvasive eye procedure provides potential pathway for virus, disease carriers

In a new article, scientists explain how tears ejected from the eye during a procedure that tests for glaucoma can theoretically transmit disease.

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