Oval Fertility founders Veena Reddy and Dr Brian Levine Hyderabad: In an expansion of its presence in the healthcare space, GVK Group has forayed into the fertility care segment with Oval Fertility, a venture co-founded by GVK scion Keshav Reddy’s wife Veena Reddy and US-based IVF specialist Dr Brian Levine.The venture, backed by the GVK…
Mumbai: Ingredion Inc, US-based ingredient solutions multinational company in the food, beverages and pharma sectors, is investing nearly Rs 200 crore in Ahmedabad-based Sanstar Ltd, a leading corn-based specialty products and ingredient solutions firm through the preferential allotment route. The investment by the US major is part of a strategic partnership between the two companies…
India should recast its growth strategy to cope with unanticipated economic shocks and cover India’s strategic vulnerabilities. (AI image) Led by a growing domestic demand and a favourable demographic dividend, the Indian economy and its growth story have been called fundamentally strong by economists. But short-term global economic shocks, like the ongoing Middle East conflict,…
The rupee snapped its previous session’s rally and fell 34 paise to close at 95.19 against the US dollar on Monday, weighed down by renewed geopolitical tensions involving the US and Iran, a sharp rise in crude oil prices and a stronger greenback, PTI reported.The domestic currency opened at 94.93 in the interbank foreign exchange…
Mumbai: Brajesh Kumar Singh has assumed charge as managing director and chief executive officer of Canara Bank after a Govt notification dated May 30, 2026, with his tenure set until Apr 30, 2029, or until further orders, whichever is earlier.The appointment follows the recommendation of the Financial Services Institutions Bureau and approval by the Appointment…
US stocks traded near record levels on Monday despite a fresh rise in oil prices following renewed tensions around the fragile US-Iran ceasefire, as gains in technology heavyweights led by Nvidia helped keep investor sentiment resilient.The S&P 500 was little changed from the all-time high it set on Friday. The Dow Jones Industrial Average slipped…
The Centre achieved its fiscal deficit target of 4.4 per cent of GDP for 2025-26, according to provisional data released by the Controller General of Accounts (CGA) on Monday, marking an improvement from the previous financial year’s deficit level, PTI reported.The fiscal deficit for FY26 was estimated at Rs 15,68,936 crore in the Budget and…
India and the UK are set to discuss Britain’s steel safeguard measures and proposed Carbon Border Adjustment Mechanism (CBAM) this week, with the two issues emerging as key hurdles in the implementation of the bilateral free trade agreement signed last year, PTI reported citing sources.The issues are expected to figure prominently during the visit of…
The government has issued a second global tender to import 70 lakh tonne of urea for the kharif season, despite a sharp rise in international prices, as it moves to ensure adequate fertiliser supplies amid disruptions linked to the Middle East crisis, PTI reported.The global price of urea has jumped from $447 per tonne in…
India’s industrial production grew 4.9 per cent in April 2026, driven by a strong performance in the manufacturing sector, according to the first release of the revised Index of Industrial Production (IIP) series with base year 2022-23.The Ministry of Statistics and Programme Implementation (MoSPI) on Monday launched the new IIP series, replacing the 2011-12 base…