Monday, October 19
The National Indian Students and Alumni Union UK (NISAU) has expressed approval of the UK government’s decision to retain the graduate route for international students in its recently announced immigration white paper. The graduate route allows international students who have completed a degree at the bachelor’s level or higher in the UK to stay and work or search for work for up to two years, or three years for doctoral students. However, the new immigration policy proposes to reduce this period to 18 months, as per a report by The Times of India. Sanam Arora, founder and chair of NISAU told TOI, “We deeply welcome the UK government’s decision to retain the graduate route — a critical element of the UK’s global education offer. While we are saddened by the six-month reduction,
Shares of pharmaceutical companies rallied up to 4% on Tuesday as investors expect that US President Donald Trump's executive order will have minimal impact on US generics. Dr Reddy's shares were up around 4% while Granules, Glenmark, Lupin, Divi's Lab, and Aurobindo Pharma were trading around 3% higher.Nifty Pharma index itself rose around 2% even when Nifty fell around 0.5% amid profit-booking post Monday's rally, which saw the benchmark indices making the sharpest single-day gain in the last 4 years."As far as the impact on Indian pharma companies is concerned, we foresee very limited impact. Based on our interaction with companies, the generics pricing spread is thin across developed nations, and hence, the scope of reduction in prices is expected to be limited on the US generics portf
Defence stocks rallied up to 4% on Tuesday after Prime Minister Narendra Modi called for greater military self-reliance, following India’s launch of Operation Sindoor in response to the April 22 Pahalgam terror attack.The shares of Cochin Shipyard rose the highest by 3.7% to their day’s high of Rs 1,577.30 on the BSE, followed by Mazagon Dock Shipbuilders shares, which surged by 2.6% to Rs 2,979.90.Meanwhile, the shares of Hindustan Aeronautics Ltd (HAL), Garden Reach Shipbuilders & Engineers (GRSE) and BEL rallied between 2-2.5%.In his first address to the nation since the operation, PM Modi said India has demonstrated its strength in modern warfare and must now lead in defence innovation through indigenous technology.“We have proven our dominance in new-age warfare,” Modi sai
Within a month of reaching a truce with his elder sibling, Abhinandan Lodha on Tuesday launched a new identity for the holding company housing all of his businesses. The holding company has been rechristened as "Abhinadan Ventures" from "Lodha Ventures" earlier, as per a statement. It can be noted that last month, Abhinandan and his brother Abhishek, who runs Macrotech Developers, had reached an out-of-court truce over the usage of 'Lodha' in branding, under which the elder sibling was permitted to use the "Lodha" name. The statement issued by Abhinandan Ventures said the entity began operations in 2015 for incubating and accelerating high-growth, consumer-centric businesses, and has expanded into real estate, private equity, education, and emerging consumer opportunities. "While we contin
