The move assumes significance as telcos are gearing up to leverage 5G as the next frontier for future growth to bolster revenues and provide stronger customer experience. Bharti Airtel on Thursday said its network is 5G ready now as the telco successfully demonstrated live fifth generation service — with ultra […]
MGP Ingredients, Inc. (MGPI), a supplier of distilled spirits as well as specialty wheat proteins and starches, said Monday it has agreed to acquire Luxco, Inc., and its affiliated companies. The deal represents an enterprise value of $475 million, comprised of equal parts cash and stock. The transaction is expected […]
Buying diabetes-specific insurance plans is now easier A swift change in the lifestyle habits of Indians is taking a severe toll on their health. As per a report by the Organisation for Economic Co-operation and Development, India’s total healthcare spending in the financial year 2019-20 was at 3.6% of GDP. […]
‘In full compliance’: food delivery firm App-based food delivery service firm Swiggy has deposited ₹27.5 crore, the amount for which input tax credits under the Goods and Services Tax (GST) were allegedly availed on a fraudulent basis, according to revenue authorities probing the matter. Swiggy and Flipkart’s delivery service arm […]
Addressing the ‘Prarambh: Startup India International Summit’, Mr. Modi exuded confidence that the growth of startups will help in generating jobs and improving lives of people in the region. Prime Minister Narendra Modi on Saturday announced the launch of ₹1,000-crore ‘Startup India Seed Fund’ to support startups and help budding […]
As per the data, passenger vehicle sales stood at 252,998 units in December 2020, compared to 222,728 units in December 2019 Domestic wholesales of passenger vehicles grew 13.6% year-on-year in December 2020 albeit on a lower base, according to data released by the Society of Indian Automobile Manufacturers (SIAM). The industry […]
Budget likely to raise levy on more than 50 items including smartphones, electronic components India is considering raising import duties by 5%-10% on more than 50 items including smartphones, electronic components and appliances in the upcoming budget, three government sources privy to the discussions told Reuters on Monday. The move […]
Thermo Fisher Scientific Inc. (TMO) said Tuesday it has agreed to acquire Mesa Biotech, Inc., a privately held molecular diagnostic company, for about $450 million in cash. Under the terms of the deal, Thermo Fisher will pay up to an additional $100 million in cash upon the completion of certain […]
Domtar Corp. (UFS,UFS.TO) said Friday it has agreed to sell its Personal Care business to private equity firm American Industrial Partners or AIP for $920 million. Domtar is a provider of fiber-based products, including communication, specialty and packaging papers, market pulp and absorbent hygiene products. Domtar noted that the sale […]
Biden, Harris introduce key members of their science team undefined President-elect Joe Biden is considering canceling the permit for the Keystone XL pipeline through an executive action on his first day in office, sources familiar with the matter told CBC News. Continue Reading Below According to the Candian broadcaster, the words "Rescind Keystone XL […]
We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences.Ok