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Zydus Lifesciences to launch vaccine VaxiFlu-4 to India

Ahmedabad-based Zydus Lifesciences is set to launch the vaccine VaxiFlu-4 to combat a new strain of the influenza virus, as per the WHO-recommended composition of quadrivalent influenza virus vaccines for use in the Southern Hemisphere in 2025.  The pharmaceutical company’s quadrivalent inactivated influenza vaccine, VaxiFlu-4, has been developed at the Vaccine Technology Centre (VTC) in...
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CCCL to raise Rs 50 crore via preferential issue

Consolidated Construction Consortium plans to raise ₹50 crore through a preferential issue. The company will issue about 2.85 crore equity shares of ₹2 face value each on a preferential basis. The Board of Directors has approved issuance at ₹17.50 a share. The proposed issue, subject to shareholders’ approval, will bring on board marquee shareholders, including...
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Religare Enterprises inducts four new board members

Religare Enterprises has appointed Abhay Kumar Agarwal, Arjun Lamba, Gurumurthy Ramanathan and Suresh Mahalingam as additional directors. They will be designated as Non-Executive and Non-Independent directors after approval of the RBI and shareholders of the company. The Board had also approved the proposal to shut down the operations of MIC Insurance Web Aggregator, a subsidiary...
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Rs 11.2 Lakh Cr Annual Outlay To Yield 3.5-fold Multiplier Effect In Economy: Piyush Goyal

Bengaluru, Feb 13 (KNN) Commerce and Industry Minister Piyush Goyal has articulated a comprehensive economic vision for India, emphasising that the convergence of consumption-led and investment-led growth will serve as fundamental drivers of the nation’s economic advancement.  Speaking at the Invest Karnataka event in Bengaluru on Wednesday, Goyal presented a detailed analysis of how these...
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Govt & RBI Actively Monitoring Currency Fluctuations Amid Global Volatility: FM Sitharaman

New Delhi, Feb 14 (KNN) Finance Minister Nirmala Sitharaman addressed concerns regarding the Indian rupee’s depreciation during her response to the FY26 Budget discussion in the Rajya Sabha on Thursday.  The Finance Minister assured that both the government and the Reserve Bank of India are actively working to stabilise the currency while maintaining continuous oversight...
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GTRI Cautions About Petrochemical Risks In India-Qatar CEPA Talks

New Delhi, Feb 20 (KNN) The Global Trade Research Initiative (GTRI) has advised India to exercise caution in pursuing a potential free trade agreement with Qatar, particularly regarding the petrochemical sector where both nations maintain strong market positions. The economic think tank issued this guidance on Wednesday following high-level diplomatic discussions between the two countries....
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When consumption push and fiscal consolidation go hand in hand

The budget this year came in the background of an economic slowdown led by weak urban consumption and lower government capex. Hence, finance minister (FM) Nirmala Sitharaman was expected to stimulate growth while continuing on the path of fiscal consolidation. The budget has delivered on this by incentivizing urban consumption through tax cuts while continuing...

Kerry Washington invests in wedding marketplace Cheersy

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy.  Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Christina Tosi, the founder of Milk...

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