Articles for tag: Approval, CDMO, Final, Growth, Launch, NCLT, Nod, OneSource, Overwhelming, Pharma, Pivotal, Secures, Seeks, Strides

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Strides Pharma secures overwhelming approval to launch OneSource, a pivotal CDMO, as it seeks final nod from NCLT for growth.

Strides Pharma secures overwhelming approval to launch OneSource, a pivotal CDMO, as it seeks final nod from NCLT for growth.

Strides Pharma Science announced that it has received overwhelming approval from shareholders and secured creditors for the formation of OneSource, a specialty contract development and manufacturing organization (CDMO). This decision comes after meetings facilitated by the National Company Law Tribunal (NCLT). The creation of OneSource will integrate the Oral Technologies business from Strides, Sterile Injectables ...

Market News

Amid declining global fuel demand, ONGC Videsh pivots to securing overseas projects, prioritizing renewable transitions for sustainable growth.

Amid declining global fuel demand, ONGC Videsh pivots to securing overseas projects, prioritizing renewable transitions for sustainable growth.

ONGC Videsh, India’s leading overseas oil and gas company, is strategically focusing on acquiring stakes in producing assets abroad as global demand for refined fuels is expected to decline due to the shift towards renewable energy. According to Anupam Agarwal, the company’s head of finance, long-term exploration projects are not a priority, and efforts are ...

Market News

India’s hiring optimism soars to 37%, leading globally, driven by strong sectors and robust economic growth amidst talent demand.

India’s hiring optimism soars to 37%, leading globally, driven by strong sectors and robust economic growth amidst talent demand.

The employment outlook in India for the fourth quarter of 2024 is highly optimistic, with 37 percent of employers planning to hire more staff. This figure, reported in the ManpowerGroup Employment Outlook Survey, positions India as having the strongest hiring sentiment globally, surpassing countries like Costa Rica and the United States. The survey reflects a ...

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RSS chief Mohan Bhagwat warns of hidden threats to India’s growth, invoking dharma as the key to overcoming adversity.

RSS chief Mohan Bhagwat warns of hidden threats to India’s growth, invoking dharma as the key to overcoming adversity.

RSS chief Mohan Bhagwat recently highlighted the importance of “dharma” in India’s growth and unity during a book release event. He compared current challenges to those faced in the era of Chhatrapati Shivaji Maharaj, asserting that forces opposing India’s development are similar to past adversaries. Bhagwat emphasized that dharma, which encompasses truth, compassion, and dedication, ...

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Uttar Pradesh CM Yogi Adityanath heralds a new era of growth, unveiling Ikea’s store foundation, boosting investment and employment.

Uttar Pradesh CM Yogi Adityanath heralds a new era of growth, unveiling Ikea’s store foundation, boosting investment and employment.

Uttar Pradesh Chief Minister Yogi Adityanath recently laid the foundation stone for an Ikea store in Noida during a virtual event from Lucknow. He highlighted that over the past seven and a half years, Uttar Pradesh has gained the trust of both domestic and international investors, making it a preferred investment hub in India. Adityanath ...

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Odisha CM Majhi inaugurates India’s first silicon carbide facility, promising economic growth, innovation, and over 500 new jobs.

Odisha CM Majhi inaugurates India’s first silicon carbide facility, promising economic growth, innovation, and over 500 new jobs.

Odisha Chief Minister Mohan Charan Majhi recently attended the groundbreaking ceremony for India’s first silicon carbide manufacturing facility in Odisha, with an investment of Rs 620 crore. The project, developed by RIR Power Electronics Limited in Bhubaneswar’s EMC Park, aims to position Odisha as a leader in the global power electronics Market. The facility will ...

Market News

Salesforce plans to acquire Own Company for .9 billion, enhancing data security amid rising cyber threats as it seeks growth.

Salesforce plans to acquire Own Company for $1.9 billion, enhancing data security amid rising cyber threats as it seeks growth.

Salesforce has announced its acquisition of Own Company, a data protection and management solutions provider, for $1.9 billion in cash. This move aims to enhance Salesforce’s data security and privacy offerings, especially as customers prioritize safeguarding their data from loss and cyber threats. The company expects this deal to contribute positively to free cash flow ...

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Sanlam ventures into India’s wealth management, seizing growth amid economic transformation, as its profits soar on strategic partnerships.

Sanlam ventures into India’s wealth management, seizing growth amid economic transformation, as its profits soar on strategic partnerships.

Sanlam Ltd., Africa’s largest insurer, is set to expand into India’s rapidly growing asset and wealth management sector. Building on its initial partnership with Shriram Capital Group established in 2005, Sanlam plans to launch a joint venture that focuses on wealth and advisory services. CEO Paul Hanratty highlighted that many Indians are starting to save ...

Market News

Generative AI fuels TCS’s rapid growth in engineering and design, transforming product cycles and propelling India’s tech industry to new heights.

Generative AI fuels TCS’s rapid growth in engineering and design, transforming product cycles and propelling India’s tech industry to new heights.

Tata Consultancy Services (TCS) is leveraging generative AI to enhance its engineering research and design capabilities, leading to a 20% acceleration in product development cycles for major clients like Rolls Royce and Jaguar Land Rover. This sector is projected to grow significantly, with an expected value of $170 billion by 2030, nearly quadrupling from current ...

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