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Laurus Labs gains 7% in two days on acquisition of Richcore Lifesciences

Laurus Labs gains 7% in two days on acquisition of Richcore Lifesciences

Shares of Laurus Labs rose 4 per cent at Rs 305 on the BSE on Friday, gaining 7 per cent in the past two trading days after the company said it has signed a definitive agreement to acquire a majority stake in Richcore Lifesciences Pvt Ltd (Richcore). The stock of the pharmaceutical company was trading at its highest level since November 2, 2020.

Amazon to spend $500 million in holiday bonus to frontline workers

Amazon to spend $500 million in holiday bonus to frontline workers

Amazon.com Inc. will pay the employees who pack and deliver its goods a one-time bonus of up to $300, extra compensation that comes as the company faces a union drive and criticism from others for rolling back pandemic hazard pay.

The company said on Thursday that it would pay full-time operations workers $300, and part-timers $150, if they are employed by the e-commerce giant for the entire month of December.

GHMC: Amit Shah, Yogi Adityanath, JP Nadda among BJP bigwigs for Hyderabad civic poll campaign

GHMC: Amit Shah, Yogi Adityanath, JP Nadda among BJP bigwigs for Hyderabad civic poll campaign

Several BJP elders, including Union Home Minister Amit Shah and party national president JP Nadda, will land in Hyderabad in the next few days to campaign for the Greater Hyderabad civic elections. The party will also bring Uttar Pradesh Chief Minister Yogi Adityanath to the Greater Hyderabad Municipal Corporation (GHMC) to campaign on December 1.

MiG-29K trainer aircraft crashes in Arabian Sea, 1 pilot rescued, search for another underway

MiG-29K trainer aircraft crashes in Arabian Sea, 1 pilot rescued, search for another underway

A MiG-29K trainer aircraft operating at sea ditched at around 5 pm on Thursday, the Indian Navy informed. One pilot has been recovered and a search by air and surface units is in progress for the second pilot. The aircraft crashed over the Arabian Sea on Thursday night. This is 3rd crash of MiG 29K in the past 12 months.

Rupee rises 7 paise to 73.84 against US dollar in early trade

Rupee rises 7 paise to 73.84 against US dollar in early trade

The rupee appreciated 7 paise to 73.84 against the US dollar in the opening session on Thursday on sustained foreign fund inflows and weak American currency.

At the interbank forex market, the domestic unit opened at 73.85 against the US dollar, and gained ground to touch 73.84 against the greenback, registering a rise of 7 paise over its previous close.

Oscars 2021: Malayalam film 'Jallikattu' is India's official entry in International Feature Film category

Oscars 2021: Malayalam film 'Jallikattu' is India's official entry in International Feature Film category

The Malayalam film, Jallikattu, has been selected as the official Indian entry in the Best International Feature Film category at the upcoming 93rd Academy Awards, 2021.

The news was confirmed trade analyst Ramesh Bala.

Donald Trump refuses to accept Joe Biden's win as transition proceeds

Donald Trump refuses to accept Joe Biden's win as transition proceeds

President Donald Trump has baselessly claimed anew that he had won the election and uttered repeated falsehoods as he called into an event held by Pennsylvania Republicans to investigate unproven allegations of voter fraud.

This was an election that we won easily. We won it by a lot, Trump declared to the group gathered at a hotel in Gettysburg on Wednesday.

USA coronavirus deaths top 260,000, says Johns Hopkins University

USA coronavirus deaths top 260,000, says Johns Hopkins University

US Covid-19 deaths surpassed 2,60,000 on Wednesday, according to the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University.

With the national caseload topping 12.6 million, the death toll across the US rose to 2,60,322 as of 11:25 a.m. local time (1625 GMT), according to the CSSE data.

Puravankara shares hit a fresh 52-week high, rally 80% in three weeks

Puravankara shares hit a fresh 52-week high, rally 80% in three weeks

Shares of Puravankara hit a fresh 52-week high of Rs 78.90, up 4 per cent on the BSE in intra-day trade on Thursday after reports said that Godrej Fund is in talks with Bengaluru-based developer for Rs 1,200 crore deal.

In the past three weeks, the stock price of Puravankara has rallied 80 per cent from the level of Rs 43.80 on November 5. In comparison, the S&P BSE Sensex gained 6 per cent during the same period.

Telangana coronavirus update: 862 new Covid-19 cases, 3 deaths reported

Telangana coronavirus update: 862 new Covid-19 cases, 3 deaths reported

Telangana posted 862 fresh coronavirus cases, taking the total caseload to nearly 2.67 lakh while three fatalities pushed the toll to 1,444.

Greater Hyderabad Municipal Corporation (GHMC) accounted for the most number of cases with 164, followed by Medchal Malkajgiri 91 and Khammam 63, a government bulletin said on Thursday providing details as of 8 pm on November 25.

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