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NephroPlus, India's largest dialysis chain, said it has raised $103 million (₹860 crore) in a Series F funding round from Quadria Capital through a mix of fresh capital infusion and a secondary sale aimed at driving expansion plans within India and targeted markets overseas. The primary component is ₹100 crore. Quadria will become a minority shareholder post the latest round of funding which valued NephroPlus at more than ₹2,000 crore. Quadria will have a slightly higher stake than Bahrain-based Investcorp, which was the largest shareholder in the company prior to the latest round at 35-40%.

China on Thursday said it would take "necessary measures" after the United States announced fresh sanctions aimed at crippling Russia's military and industrial capabilities, punishing companies in China and elsewhere that help Moscow acquire weapons for its war in Ukraine. In a sweeping package announced on Wednesday, the US treasury department targeted nearly 300 entities in Russia, China and other countries accused of supporting President Vladimir Putin's invasion. «The Chinese side urges the US to stop smearing and containing China and stop wantonly implementing illegal and unilateral sanctions,» a foreign ministry spokesman said in a message to AFP.

gloves, which are getting dumped in the country from Southeast Asian countries like Malaysia and Vietnam, people aware of the development told ET. The meeting to be held by the department of pharmaceuticals (DoP) will discuss bringing surgical gloves and single-use medical examination gloves under the quality control order (QCO) to ensure better standards for these products whether imported or manufactured in the country, sources said. At present, these gloves are not regulated properly, resulting in import of substandard gloves rejected in other countries. Senior officials from the textiles department, the country's drug regulator, the Bureau of Indian Standards (BIS), and industry associations will attend the meeting. They will discuss issues of importers procuring substandard gloves at prices lower than the manufacturing cost of medical/surgical gloves and dumping of cheap rubber gloves from countries like Malaysia and Vietnam, sources cited above said.

Citroen, which has had limited success with the models launched in India so far, is hoping to turn around its fortunes in the country with the Basalt — a mid-size coupe SUV that would go on sale in the second half of this year. The latest offering from the Stellantis group firm captures the learnings it has had in a market it considers the toughest in the world, said Thierry Koskas, global brand CEO of Citroen. «If you succeed in India, it means you can succeed everywhere in the world,» Koskas told ET. «I have been visiting India for 20 years and I am impressed by the rise of customer expectation in terms of features. The expectations of the customer are even higher than what you can see, for example, in Europe,» he said.

green cells' with dedicated employees for climate-specific initiatives. These measures are part of the Enhanced Access and Service Excellence (EASE) reform version 7.0, which was rolled out last week. A senior bank executive said that one of the major focus areas of PSBs in FY25 will be developing capabilities for raising green funds and increasing their green lending portfolios. «Banks will set up specialised cells that will also focus on physical and transition risk in the existing loan portfolio and new loan opportunities,» he said, adding that other responsibilities include assessment of the environmental, social and governance (ESG)-related risks of borrowers through data. According to a report by the Reserve Bank of India, the country's green financing requirement is estimated to be at least 2.5% of GDP annually until 2030. Earlier this year, the banking regulator came out with draft guidelines on the disclosure framework for climate-related financial risks in 2024. The draft also proposes a glide path for detailed disclosures by regulated entities (REs) in the areas of governance, strategy, risk management, and metrics and targets.

Rahul Gandhi on Thursday alleged that Prime Minister Narendra Modi 'allowed' sex scandal accused, NDA Hassan candidate Prajwal Revanna, to flee the country and thereafter cancelled all meetings in Karnataka as he was 'afraid'. «In the history of the country, not a single prime minister had sought support from voters for a mass rapist… It is not sex scandal, but a mass rape case. Prajwal had raped 400 women and it is shameful that Modi campaigned for him in Hassan,» Gandhi claimed at a rally in Raichur.

Warner Bros. Discovery’s (WBD) stellar run seems to continue this year with theatrical hits like Godzilla X Kong: The New Empire already crossing Rs 100 crores in India collections, making it the highest grossing Hollywood film in the first four months of 2024. The top 3 Hollywood films for 2024 in India including Kung Fu Panda 4 and Dune 2 are all from the WMD stable or are distributed by the company, said its top executive of the region. Together the trio have already grossed over Rs 175 crores in theatres in the country so far. These films made it to the top 10 films for the month of March, as per Ormax, a media consulting firm. This, in a market, where Hollywood productions (including dubbed versions) contribute just a tenth of all-India films.

The way the pot can't call the kettle black, hardly any product seller or service provider can take the 'holier than thou' stance against others. The Supreme Court's rebuke to the Indian Medical Association (IMA) during the Patanjali misleading advertising case hearing, asking it to also put its house in order, given the complaints of unethical conduct by allopathic doctors, is an instance in point here. Lack of effective regulations and their poor implementation is one of the major reasons for consumers' disempowerment over the years. Regular instances of product contamination, deficiency in services and involuntary product recalls or bans ordered by other countries point to the lack of regulatory deterrence among Indian businesses.

GST collections for 2023-24 underpin the economic momentum and create the groundwork for streamlining a vital piece of fiscal reform. GST is a work in progress with scope for rate rationalisation and extension of coverage. Progress on either front will yield non-linear growth in indirect tax collection.

India on Thursday rejected fresh comments by Canadian Prime Minister Justin Trudeau on the killing of Khalistan separatist Hardeep Singh Nijjar and said the remarks once again illustrated the political space given in Canada to separatism, extremism, and violence. Trudeau addressed a Khalsa Day event in Toronto on Sunday that was attended by some pro-Khalistan people. On the sidelines of the event, he told the media that the killing of Nijjar in British Columbia in June last year created «problem» and that he cannot ignore it, in an apparent reference to his earlier allegations of involvement of Indian agents in the assassination. «PM Trudeau has made such remarks earlier as well. His remarks illustrate once again the political space that has been given in Canada to separatism, extremism, and violence,» external affairs ministry spokesperson Randhir Jaiswal said at his weekly media briefing.

immigrants from Manipur deported to Myanmar on Thursday, altogether 77 illegal Myanmarese migrants, including 55 women and five children, deported to their country since March 8. Manipur Chief Minister N. Biren Singh said on the X: “Without any discrimination, we have completed the first phase of deportation of illegal immigrants from Myanmar with 38 more immigrants leaving Manipur, India, today through Moreh.” He said: “A total of 77 illegal immigrants have been deported in the first phase. One Indian national was also brought back from Myanmar during the handover ceremony.

regulatory regime, a government-appointed three-member panel is mulling the idea of making commonly used cough and cold medicines, antacids, and fever-reducing drugs available 'over the counter' (OTC) at general stores. Many countries, such as Britain, the US and Australia, have well-defined guidelines for their sale and regulation. In 2022, India allowed the sale of certain drugs without a prescription as part of a new OTC drug policy. Though the Drugs Technical Advisory Board, the top advisory board on drugs, approved the policy, it never saw the light of the day.

Joe Biden has called two of his QUAD partners — India and Japan — and two of his adversaries — Russia and China — "xenophobic" nations, asserting that none of these countries, unlike the United States, welcome immigrants. «This election is about freedom, America and democracy. That's why I badly need you. You know, one of the reasons why our economy is growing is because of you and many others. Why? Because we welcome immigrants,» Biden told his supporters at a fundraiser here on Wednesday evening.

Bank loans to commercial real estate whivh aldo includrs residential construvtion, last fiscal year nearly tripled at 23 percent, excluding the impact of the merger of HDFC with HDFC Bank. Outstanding loans amounted to Rs 3.97 lakh crore. If one includes the merger impact, the loan growth works out 38.9 percent and the outstanding loans as of March 31 works out to Rs 4.48 lakh crore. The real estate sector is growing across segments said property analysts. Top seven property markets in the country registered total sales of 74,486 apartments during the quarter. This marks the second consecutive quarter of sales exceeding 74,000 units after December quarter’s record-breaking 75,591 apartments, showed data from JLL India.

Odisha Chief Minister Naveen Patnaik will never accept Bharat Ratna or any other award for his father Biju Patnaik in return for any election or political alliance with the BJP, his close associate and Biju Janata Dal (BJD) leader V K Pandian has said. The former IAS officer, who has worked in Odisha for over 25 years, including as private secretary to the chief minister, also hit out at the central ministers from the state for having never spoken about the highest civilian award for the 'Pride of Odisha' and inspiration for every Odiya, Biju Patnaik. «One of the biggest identities for Odisha is the courage and valour shown by Biju Babu. If you see two Odiyas in any part of the world if they speak about Odisha, they will end up speaking about Biju Babu,» Pandian told PTI in an interview here. «They will either have tears or they will have emotions. That is the connect Biju Patnaik has with the people of Odisha. He was a freedom fighter, he has done so much for the country and the state. He is the architect of modern Odisha,» he added.

Citroen expects India to become its second biggest market after home country in the next five years, for which it will accelerate network expansion besides introducing new products, company global CEO Thierry Koskas said on Thursday. The company will be incorporating learnings from the past few years of its presence in India to attract more consumers besides looking to rope in a brand ambassador to push the brand's visibility in India. «India is an important market for Citroen and in a few years, it will become the second biggest market for us after our home market France,» Koskas told PTI here in an interview. At the moment, India is «probably in the top 10 markets for Citroen, more towards the 10th rather than upwards», he said, adding, «So, there is a lot of room for improvement, but I think it's absolutely possible.»

Bartlett Fleming family in their homes at Alberta which is a Canadian province. Here are all the details pertaining to the show, its releases and more:

₹2000 banknotes in circulation as of May 19, 2023, have already been returned, said the Reserve Bank of India (RBI) in an announcement made on Thursday. The central bank added that ₹2000 banknotes will continue to be legal tender. Besides, the total value of ₹2,000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19 last year, when the withdrawal of ₹2000 banknotes was announced, has now fallen to ₹7,961 crore on April 30, 2024, the announcement further states.

Coal India Q4 Results: Coal India (CIL) announced its January-March quarter results for fiscal 2023-24 (FY24) on Thursday, May 2, reporting a rise of 26 per cent to ₹8,640.5 crore, compared to ₹6,869.5 crore in the corresponding period last year. The increase in profit was attributed to cost efficiency and benefits from changes in accounting for stripping activities for open-cast mining.

NEW DELHI : With heatwaves sweeping the country, the National Centre for Disease Control (NCDC) is surveilling all states to try and gauge the impact on health, according to two officials aware of the matter. The health ministry has trained district officials to bring to notice any health complications arising from extreme heat conditions. "In the beginning of the year the officials were invited and trained about health and climate issues.

SpaceX, the parent company of Starlink, had sent emails last month to customers in various African nations indicating that roaming service would be restricted in regions where it was illegal to operate. Despite this, Adam Mohamed, a resident of El-Fasher in conflict-stricken Sudan, was able to conduct an interview with the wire via a Starlink connection on Wednesday.