Mahindra & Mahindra Financial Services on Tuesday said it has appointed Mahesh Rajaraman as Chief Risk Officer (CRO) of the company with effect from August 1, 2024.

In a regulatory filing, Mahindra Finance said Mallika Mittal has tendered her resignation and ceased to be the CRO of the company with effect from May 17.

AstraZeneca aims to grow revenue by about 75% to $80 billion by 2030, it said on Tuesday, boosted by the expected launch of 20 new medicines and through growth in its existing oncology, biopharmaceuticals and rare disease portfolio.

The Anglo-Swedish drugmaker had reported total revenue of $45.81 billion last year and earlier expected to launch at least 15 new medicines between 2023 and 2030.

Realty firm Shriram Properties Ltd has partnered with a landowner to develop a 4-acre housing project in Bengaluru with an estimated revenue potential of more than Rs 250 crore.

In a regulatory filing on Tuesday, the company informed that it has signed a Joint Development Agreement (JDA) for the development of a prime 4-acre land parcel located at Yelahanka in Bengaluru.

Claiming that the BJP has bagged 310 seats after the completion of five phases of the Lok Sabha polls, Union Home Minister Amit Shah on Tuesday urged the people of Odisha to free the state from babu-raj and allow the BJP to form government at the Centre and also in the state.

Addressing an election rally in Sambalpur where the BJP has fielded Union Minister Dharmendra Pradhan, Shah said this time lotus, the party's symbol, will bloom in Odisha.

JSW Cement will invest around Rs 3,000 crore to set up a new cement manufacturing factory in Nagaur district of Rajasthan, said the Sajjan Jindal company on Tuesday.

The investment includes a clinkerisation unit of up to 3.30 million tonnes per annum and a grinding unit of up to 2.50 MTPA, along with an 18 MW waste heat recovery-based power plant, said the company, referring to manufacturing processes.

Navratna Defence PSU Bharat Electronics Ltd (BEL) on Monday announced a jump of almost 30 per cent in its consolidated net profit at Rs 1,797.11 crore for the quarter ending March 31 of the financial year 2023-2024 (Q4FY24). The state-owned company had reported a net profit of Rs 1,382.02 crore in the year-ago period (Q4FY23).

The compnay reported an increase of 32 per cent in revenue from operations to Rs 8,564.08 crore in Q4FY24 from Rs 6,479.12 crore in the same quarter of FY23, according to the regulatory filing.

A Patanjali official and two others have been sentenced to six months in prison by a Uttarakhand court after samples of the Patanjali Navratna Elaichi Soan Papdi, a traditional sweet, failed a quality test, reported India Today.

The District Food Safety Officer of Pithoragarh in Uttarakhand collected the samples from a shop in Berinag Market in September 2019 following concerns about the product.

Union Home Minister Amit Shah on Monday attacked the Congress, saying the party did not revoke Article 370 in Jammu and Kashmir for appeasement politics.

Addressing an election rally here, Shah reiterated that Pakistan-occupied Kashmir (PoK) belongs to India and "we will take it back".

AstraZeneca plans to build a $1.5 billion manufacturing facility in Singapore to produce a promising category of cancer-killing drugs called antibody-drug conjugates (ADCs), the Anglo-Swedish drugmaker said on Monday.

The facility, which will be the drugmaker's first end-to-end ADC production site, will be supported by the Singapore Economic Development Board. The company did not provide details on the possible financial incentives from the Singapore government.

Prime Minister Narendra Modi has credited the Constitution for the trajectory of his own life, asserting that even if one assumes he acts out of self-interest, his own welfare lies in the welfare of the Constitution.

In an interview with PTI, Modi rejected the opposition's claim that he intended to change the Constitution and end reservation if the BJP-led NDA wins over 400 seats in the Lok Sabha polls. It is the BJP, he stressed, which has given the maximum number of ministers from Scheduled Castes, Scheduled Tribes and OBC backgrounds.

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