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Eris Lifesciences soars 10% on JV with MJ Biopharm to enter insulin segment

Eris Lifesciences soars 10% on JV with MJ Biopharm to enter insulin segment

Shares of Eris Lifesciences surged 10 per cent to Rs 773.40 on the BSE in Monday’s early morning trade after the pharmaceutical company on Friday said it has formed a joint venture (JV) with Mumbai-based MJ Biopharm to enter the insulin segment.

The stock had hit a 52-week high Rs 863.15 on October 19, 2021. At 09:26 am; it was trading 5 per cent higher at Rs 743 on the BSE, as compared to 0.14 per cent decline in the S&P BSE Sensex.

President, PM pay tribute to BR Ambedkar on his death anniversary

President, PM pay tribute to BR Ambedkar on his death anniversary

President Ram Nath Kovind and Prime Minister Narendra Modi on Monday paid floral tribute to Dr BR Ambedkar on his 65th death anniversary which is observed as "Mahaparinirvan Diwas".

Vice President M Venkaiah Naidu, Lok Sabha Speaker Om Birla, Leader of Opposition (LoP) in Rajya Sabha Mallikarjun Kharge and other parliamentarians paid tribute to the architect of the Constitution at his statue in the Parliament premises today.

Omicron has higher risk of reinfection than Delta, Beta variants: Singapore

Omicron has higher risk of reinfection than Delta, Beta variants: Singapore

Singapore's Ministry of Health has said that early clinical observations globally suggest that the Omicron variant of COVID-19 may be more transmissible and have a higher risk of reinfection compared to the Delta and Beta variants of the virus.

"This means that there is a higher likelihood of individuals who have recovered from COVID-19 to be reinfected with the Omicron variant," Channel News Asia quoted the ministry as saying on Sunday in an update on the Omicron variant.

Sacrifices needed like farmers to reclaim J&K's rights: Farooq Abdullah

Sacrifices needed like farmers to reclaim J&K's rights: Farooq Abdullah

Jammu and Kashmir National Conference Chairman Farooq Abdullah said on Sunday that his party leaders are ready to make sacrifices to reclaim their rights including restoration of Article 370 and statehood in the same way in which farmers struggled for almost a year to get the three farm laws repealed in Parliament.

The farmers protested for 11 months, more than 700 farmers died. The Centre had to revoke the 3 farm bills when farmers made sacrifices. We may also have to make sacrifices like that to get back our rights.

Aurobindo Pharma, Unichem Laboratories recall products in US market

Aurobindo Pharma, Unichem Laboratories recall products in US market

Aurobindo Pharma and Unichem Laboratories are recalling different products in the US market, the world's largest market for medicines, due to manufacturing issues.

As per the latest enforcement report issued by the US Food and Drug Administration (USFDA), Aurobindo's US-based unit is recalling 7,296 containers of hypertension drug Carvedilol tablets.

PM Modi announces projects worth over Rs 18k cr in poll-bound Uttarakhand

PM Modi announces projects worth over Rs 18k cr in poll-bound Uttarakhand

Prime Minister Narendra Modi on Saturday announced development projects worth Rs 18,000 crore in election bound Uttarakhand before addressing a rally at the Parade Ground here to kickstart the BJP's campaign for the state assembly polls.

He laid the foundation stones of 11 projects worth Rs 15,728 crore and inaugurated seven projects worth Rs 2,573 crore after inspecting their models on display at the rally venue.

75 trains cancelled as Cyclone Jawad expected to make landfall today

75 trains cancelled as Cyclone Jawad expected to make landfall today

With the cyclonic storm, Jawad, expected to make landfall today, Indian Railways has cancelled around 36 trains that were scheduled to depart on December 4.

These mostly include trains that were scheduled to depart from Visakhapatnam (Andhra Pradesh), Howrah (West Bengal) and Puri (Odisha).

Andhra Pradesh governor, CM and others mourn Konijeti Rosaiah's demise

Andhra Pradesh governor, CM and others mourn Konijeti Rosaiah's demise

Andhra Pradesh Governor Biswabhusan Harichandan, Chief Minister Y S Jagan Mohan Reddy, Leader of Opposition N Chandrababu Naidu and a host of others on Saturday expressed profound grief over the demise of Konijeti Rosaiah, who served as the CM of the then united AP.

I pray for rest to his soul and offer my heartfelt condolences to the bereaved family members, the Governor said in a message. Rosaiah became Chief Minister of erstwhile united AP on September 3, 2009, following the death of incumbent Y S Rajasekhara Reddy.

Bata India to bet on franchise model for expansion in near future

Bata India to bet on franchise model for expansion in near future

In the next 2-3 years, about 80-90 per cent of footwear major Bata India’s new store additions will be through the franchise route.

There is a huge headroom and opportunity. We see almost 80-90 per cent of our new store additions in the next 2-3 years coming from franchise, said Gunjan Shah, managing director and chief executive officer Bata India, Friday evening, during a fireside chat at the Kolkata Retail Summit (KRS) 2021 organised by The Retailers Association of India (RAI).

After Gurugram plans, Ikea eyes mega presence in Delhi to boost growth

After Gurugram plans, Ikea eyes mega presence in Delhi to boost growth

After announcing its plans to enter Gurugram, Sweden-based Ingka Group's home furnishings brand Ikea plans to have stores in Delhi as well as Noida.

The company will enter the NCR market via Ingka Centre which will come up in Gurugram.

The centre is a mixed use retail destination which will be anchored by a large format Ikea store and is expected to come up within 3-4 years.

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