Author: Sharique Samsudheen

Founder & CEO at fundfolio. Entrepreneur at Heart, Startups, Personal Finance and Investment freak!
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News Shots The Indian pharma industry welcomed the decision by the US government to support the temporary waiver of Trade-Related Aspects of Intellectual Property Rights (TRIPS) on Covid-19 vaccines.  M&M to open an advanced design centre for mobility products in the U.K. Carlyle Group plans to sell up to a 3.5% stake in SBI Life […]
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News Shots Global pharma giant Roche has received emergency use authorization in India for its investigational antibody cocktail (Casirivimab and Imdevimab) used in the treatment of Covid-19. It will be marketed and distributed in India through a strategic partnership with Cipla. The Reserve Bank of India’s measures to make easy liquidity available to the healthcare […]
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News Shots Auto components major Motherson Sumi Systems has completed the acquisition of Bombardier’s electrical wiring interconnection systems (EWIS) business in Huehuetoca, Mexico. The RBI has imposed a monetary penalty of Rs 3 crore on ICICI Bank for “contravention of certain directions issued by the RBI contained in Master Circular on ‘Prudential Norms for Classification, […]
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News Shots Bajaj Electricals has bought the remaining stakes of Starlite Lighting Ltd for a cash consideration of around Rs 60 crore from its promoters. Amara Raja Batteries has received closure orders from the Andhra Pradesh Pollution Control Board (APPCB) for its plants located in the state. IndusInd Bank reported a 193 per cent jump […]
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News Shots Dr Reddy’s Laboratories has launched generic Albendazole tablets, used in the treatment of a variety of parasitic worm infestations, in the US market. Farm equipment major Escorts will temporarily shut down its manufacturing operations on a selective basis between May 1 and May 3 amid the deteriorating Covid-19 situation in the country. Manappuram […]
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News Shots ICICI Bank reported more than three-fold jump in its standalone net at Rs 4,402 crore, which is still below analyst estimates. HCL Tech is engaging closely with clients to prioritise work, and shifting some workload from India to other geographies to ensure business continuity. HCL Tech posted a 6.1 percent decline in consolidated […]

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