Tube Investments of India (TII) and Premji Invest (PI) on Saturday signed a share purchase agreement to acquire 100 per cent equity capital of Lotus Surgicals (Lotus) from India Medical Consumables Holdings (a Samara Capital entity) and other shareholders.

TII will acquire 67 per cent, while PI will acquire the remaining 33 per cent, subject to the completion of certain conditions. Currently, Lotus is engaged in the business of wound closure products.

Reliance Industries on Friday announced that it has appointment of Venkatachari Srikanth, 56, as its new Chief Financial Officer (CFO), from 1 June, 2023.

The company said current CFO Alok Agarwal, will move to the new role as Senior Advisor to the Chairman and Managing Director of Reliance Industries from 1 June, 2023.

A shocking incident came to the fore from Uttar Pradesh`s Meerut where a woman allegedly killed her 10-year-old son and a 6-year-old daughter with the help of her lover.

According to Uttar Pradesh Police, the incident occurred on March 22. After killing the children, the duo threw their bodies into a canal. Notably, the lover of the woman is also a local councillor.

With the Lok Sabha Secretariat on March 24 disqualifying Congress leader Rahul Gandhi as an MP, all eyes are now on the Election Commission (EC) which can now declare elections to his Wayanad constituency as it has been deemed vacant.

The notification declaring Mr. Gandhi’s disqualification as an MP has been marked to the EC, as well as the Chief Electoral Officer of Kerala, among others. Thus the commission can take cognisance of the same and proceed with announcing election in Wayanad, sources in the Lok Sabha Secretariat said.

Zydus Lifesciences Ltd on Friday said it has received final approval from the US health regulator for its generic doxepin hydrochloride capsules used in the treatment of depression and anxiety.

The approval granted by the US Food and Drug Administration (USFDA) is for doxepin hydrochloride capsules of strength 150 mg, the company said in a regulatory filing.

State-owned Power Grid Corporation's board has approved rasing up to Rs 600 crore through bonds to be issued on private placement basis.

"Committee of directors for bonds, in their meeting held today i.e. on 24th March, 2023, have approved the raising of unsecured, non-convertible, non-cumulative, redeemable, taxable POWERGRID Bonds-LXXII (72nd) issue 2022-23 on private placement up to Rs 600 crore by securitisation of cash flows of 10 years i.e. till FY 2032-33 of its operational SPV (special purpose vehicle) viz. 'POWERGRID NM Transmission Ltd' (PNMTL)," a BSE filing stated.

Ashneer Grover, the co-founder and former CEO of fintech start-up BharatPe, has announced his next venture, CrickPe, a fantasy cricket platform. He shared the news using his Twitter handle.

"Biggest revolution in cricket since (the) Indian Premier League (IPL)—the only fantasy game paying cricketers for performance!" Grover tweeted. Where you win —- cricketer wins -— cricket wins!" As per information on CrickPe's website, it is an app allowing users to play cricket online.

Starbucks' new CEO Laxman Narasimhan says he plans to work a half-day shift once a month in one of the company's stores in an effort to stay close to its culture and customers.

Narasimhan, who took the reins as CEO earlier this week, said in a letter to Starbucks' employees Thursday that he also expects the company's leadership team to be connected and engaged in stores.

The Delhi Metro Rail Corporation (DMRC) on Thursday told the Delhi High Court that attachment of its statutory expenses will result in immediate stoppage of the entire Metro network in the national capital, and urged the court to review its order passed on a plea by Delhi Airport Metro Express Pvt Ltd (DAMEPL) owned by Reliance Infrastructure.

DAMEPL has sought payment of unpaid dues by DMRC under a 2017 arbitral award.

Indian industrial giant Reliance is reviving a historic local cola brand with plans to use its vast retail network, slash prices and tap nationalist sentiment to challenge U.S. beverage giants PepsiCo and Coca-Cola in a key market.

Controlled by billionaire Mukesh Ambani, Reliance this month launched revamped Campa drinks, sugary sodas popular in India in the 1970s and 1980s before disappearing from shelves as the U.S. giants expanded rapidly in a liberalising economy.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.