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True North to acquire 2.4% stake in Biocon arm

Bengaluru, Jan 6 (SocialNews.XYZ) Pharmaceuticals major Biocon Ltd on Monday said that its subsidiary Biocon Biologics India has approved the acquisition of 2.44 per cent stake in it by private equity firm True North with…




Sensex plunges 700 points, Fear index jumps 16%

Mumbai, Jan 6 (SocialNews.XYZ) Sensex extended early losses on Monday as oil prices continued to surge over worries of a supply disruption as tensions between the two biggest oil producing countries Iran and the US…





Sensex crash 530 points, Brent tops $70 a barrel

Mumbai, Jan 6 (SocialNews.XYZ) Indian markets felt the jitters of the escalating tensions between the two biggest oil producing countries Iran and the US. The benchmark Sensex fell over 530 points during the early trade…



18 Delhi-bound trains delayed by 2-5 hours

New Delhi, Jan 6 (SocialNews.XYZ) At least 18 Delhi-bound trains were delayed by two to five hours due to fog in several parts of northern India. According to Northern Railway officials, Rewa-Anand Vihar Express was…



Govt aims to install 1.3 cr LED streetlights by March

New Delhi, Jan 5 (SocialNews.XYZ) The Centre plans to replace around 1.34 crore conventional streetlights with LED bulbs across the country by March 2020 under the LED Street Lighting National Programme (SLNP), an official statement…



UCO extending credit linkage to 10,000 SHGs

Kolkata, Jan 5 (SocialNews.XYZ) State-owned lender UCO Bank has said it has recovered Rs 800-900 crore from four large stressed accounts in the December quarter under the bankruptcy law and is extending credit linkage to…