Saturday, September 19
Family members of the deceased British nationals in the tragic Air India crash have reportedly been sent the wrong bodies of their loved ones, said Daily Mail report.India’s Foreign Ministry, reacting to the report said, it is continuing to work with the UK to address any concerns related to the issue."We have seen the report and have been working closely with the UK side from the moment these concerns and issues were brought to our attention. In the wake of the tragic crash, the concerned authorities had carried out identification of victims as per established protocols and technical requirements."All mortal remains were handled with utmost professionalism and with due regard for the dignity of the deceased, said MEA. "We are continuing to work with the UK authorities on addressing any
Drugmaker Dr Reddy's Laboratories plans to launch a cheaper copycat version of Novo Nordisk's blockbuster weight-loss drug Wegovy in 87 countries next year, CEO Erez Israeli said in a press briefing on Wednesday. The launch plans for the generic version of semaglutide, which is the active ingredient of Novo's Wegovy and Ozempic, comes at a time when drugmakers are racing to grab a share of the global obesity drugs market that is expected to be valued at $150 billion by early 2030s.
Gold touched the Rs 1 lakh per 10 gm mark on Wednesday dampening the mood among jewellers who now fear a further dent in sales ahead of the crucial festive season. The prices have crossed this threshold after almost two months.The yellow metal has gained nearly 2% this week — climbing from Rs 98,791 per 10 gm on Monday to Rs 1,00,502 per 10 gm on Wednesday at the retail end. With a 3% goods & services tax, net consumer price is now Rs 1,03,507 per 10 gm.“China is heavily buying gold. The Central Banks across the globe too are buying gold. Big investors are also purchasing gold. All these factors are driving the gold prices,” said Surendra Mehta, national secretary of the India Bullion & Jewellers Association (IBJA), the apex industry body.Prices of gold had last touched Rs 1
Kaytex Fabrics, a digital textile printing company, on Wednesday said it has fixed the price band at Rs 171-180 per equity share for a nearly Rs 70 crore initial public offering (IPO) which will hit the capital market on July 29. The SME IPO will open on July 29 and conclude on July 31. The company's shares will be listed on the NSE's Emerge platform, Kaytex Fabrics said in a statement. The public issue is a mix of fresh issue of 31.99 lakh equity shares aggregating to Rs 57.59 crore and an offer for sale of up to 6.79 lakh shares amounting to Rs 12.23 crore by the promoters Sanjeev Kandhari and Amit Kandhari. Post-IPO, promoters will hold 73.61 per cent of the equity stake, while the public will hold 26.39 per cent. Proceeds from the fresh issue worth Rs 2.56 crore will be utilised toward
