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medical tubing used in catheters. The groundbreaking of the new manufacturing site is expected in 2025, with operations commencing in 2026. The manufacturing site will increase US-based Lubrizol’s local medical tubing volume five-fold, creating easier access to life-saving medical tubing in India and in markets around the world through export. High-quality medical tubing produced through the partnership will be used in neurovascular and cardiovascular medical applications, such as balloon catheters and minimally invasive procedure catheters.

Enforcement Directorate (ED) conducted raids and search operations in and around Kolkata in connection to a multi-crore alleged financial fraud and money laundering through lottery tickets. Three teams of the central agency officials carried raids and search operations in at least three locations in Kolkata. The central agency officials carried out raids in at least three locations in Kolkata, Madhyamgram area in North 24 Parganas district and two other locations. In Madhyamgram's Michael Nagar, raids and searches were conducted in a lottery-ticket printing factory. The other two places where raid and search operations were conducted were at Lake Market and Lake Gardens in South Kolkata. The central agency also conducted raids at the offices-cum-residences of two lottery agents, people in the know said. Multiple charges against the lottery scam include evasion of taxes and diversion of the proceeds of the income illegally.

Uttar Pradesh Public Service Commission (UPPSC) accepted one demand of the aspirants to hold the Provincial Civil Services preliminary examinations on a single day on the old pattern, the trouble for the state administration could not come to an end. Reports reaching here said several aspirants continue to protest in front the UPPSC headquarters in Prayagraj in support of their other demand to hold Review Officers (ROs) and Assistant Review Officers (AROs) examinations in one shift on a single day. However, the UPPSC has decided to postpone the ROs and AROs examinations-2023, which were scheduled to be held in three shifts on December 22 and 23.

Whoopi Goldberg's birthday dessert order over political views. Bakery owner Jill Holtermann shares that she did not deny the request because of Goldberg's politics and that she informed Goldberg two weeks ago that she was experiencing equipment issues in her kitchen, as quoted in a report by Entertainment. A 145-year-old New York bakery has denied Whoopi Goldberg's on-air claims that it refused to make special treats for her 69th birthday episode of The View due to her political beliefs. Shortly after closing Wednesday's episode of the show with a round of Charlotte Russe desserts at the Hot Topics table, Goldberg declined to name the bakery that made the desserts, speculating that they initially denied her order due to her political beliefs.

«Under the existing guidelines of SDRF/ NDRF, there is no provision to declare any calamity as 'National Disaster',» Minister of State for Home Affairs Nityanand Rai said in a letter dated November 10. SDRF and NDRF refers to State Disaster Response Fund and National Disaster Response Fund, respectively.

IRB Infrastructure Trust has made a non biding offer to IRB InvIT Fund to transfer five toll assets having an enterprise value of Rs 15,000 crore as of September 2024, according to an exchange filing on Thursday. In a statement, IRB said it plans to re-invest the proceeds raised from the deal in upcoming opportunities in the infrastructure sector. IRB Infrastructure Trust is IRB Infrastructure and Developers' private InvIT (infrastructure investment trust) with 51 per cent stakeholding, while IRB InvIT Fund is a publicly listed InvIT platform in which the infrastructure player has a 15 per cent share. «IRB Infrastructure Trust, an associate, has announced a non-binding offer to transfer five matured highway assets to the IRB InvIT Fund,» IRB Infrastructure Developers Ltd (IRB) said in a statement.

Infosys co-founder Narayana Murthy reiterated his statement of not believing in work-life balance at the CNBC Global Leadership Summit. Murthy said that KV Kamath, Independent Director and Non-Executive Chairman of Jio Financial Services, had once said that since India is a poor country with lot of challenges and we need to worry about those rather than about work-life balance."

Vodafone Idea official on Thursday said telecom subscribers consuming more data should pay more to enable the industry to generate reasonable returns and ensure connectivity to all sections of society. During Vodafone Idea (VIL) earning call for the second quarter ended September 30, 2024, the company's CEO Akshaya Moondra said that the loss of subscribers to BSNL due to the recent tariff hike is quickly reversing because of the state-run telecom firm's «network experience». He said that the Indian wireless sector is at a crucial junction.

JioStar, has announced the leadership team that will work closely with the three co-CEOs Kevin Vaz (entertainment across platforms), Kiran Mani (digital), and Sanjog Gupta (sports). Nita Ambani will be the chairperson of the merged entity while Uday Shankar will serve as its vice-chairperson. In an internal email to employees, the leadership team was unveiled.

Delhi CM Atishi took to her X and said, «Due to rising pollution levels, all primary schools in Delhi will be shifting to online classes, until further directions.» Delhi’s air quality has rapidly deteriorated over the past few days, with readings crossing the 400 AQI mark in many areas.

KP Singh, Chairman Emeritus, DLF, told ET. In a conversation with ET’s Faizan Haidar, Singh talks about current issues plaguing urban development, how this wasn’t his vision for Gurgaon, and planning his succession. Edited excerpts: Q: You have been an advocate for urban planning. How satisfied are you with India’s progress on infrastructure and urban planning? A: I am not satisfied. The test of good urban planning is its ability to accommodate everything related to urban life, enabling citizens to live comfortably and in good health.

Hero MotoCorp Thursday beat street estimates to report 14% increase in net profit at Rs 1,203.54 crore for the second quarter ended Sep 30, 2024. The company had registered net profit of Rs 1,053.81 crore in the corresponding period of the last financial year. Analysts had expected the company to post net profit of Rs 1,156 crore last quarter.

Grasim Industries, the flagship company of Aditya Birla Group, on Thursday reported a 66% fall in its consolidated net profit at Rs 390 crore in the second quarter, compared with Rs 1,164 crore in the last year quarter. Revenue from operations, meanwhile, rose 11% YoY to Rs 33,563 crore in the reporting period.

Indira Gandhi Institute of Child Health in Bengaluru. He called SMA a rare and often devastating genetic disorder while adding this initiative as a transformative one for patients from low-income families. The government has established a Centre of Excellence for Rare Diseases (COERD) at the institute. «We are proud to share that this is the first such centre in the country to enrol 100 beneficiaries under the National policy for the Rare Diseases,» the minister said. Since 2016, the government has been supporting patients with rare diseases and has provided Rs 75 crore as additional fund for the treatment of rare diseases. «We are also investing in infrastructure, training, and outreach to improve early diagnosis, making Karnataka a leader in addressing rare diseases,» Dr Patil said.

Glenmark Pharma reported Rs 340 crore net profit in Q2FY25 led by robust sales growth in India and Europe. The drugmaker reported a net loss of Rs 180 crore in the corresponding quarter of the previous year. Revenue rose 7% YoY to Rs 3,434 crore in Q2FY25.

JEE (Main) exam has started on a slow note. The country's largest engineering entrance exam saw only 5.1 lakh students register with less than a week left for the deadline. During the same time period last year, 12.2 lakh applications were submitted. As the deadline approaches on November 22, experts are expressing concern over the sluggish pace of registrations.

Allcargo Logistics has clocked a net sales of Rs 689.80 crore in Q2 of FY25 up 79.43% from Rs 384.43 crore in Q2 of FY24. The quarterly net profit of the company stood at Rs 36.99 crore in Q2 of FY25 up 161.04% from Rs. 14.17 crore in Q2 of FY24. EBITDA of the company stood at Rs 30.66 crore in September 2024 up 28.02% from Rs 23.95 crore in September 2023.

Hero MotoCorp on Thursday reported 14% growth in its standalone net profit at Rs 1,204 crore in the second quarter. It was Rs 1054 crore in the year-ago quarter. Revenue from operations in the reporting period rose 11% YoY to Rs 10,463 crore.

Happiest Minds Technologies reported a 15.3% year-on-year (YoY) fall in net profit at Rs 49.5 crore for the September quarter (from Rs 58.5 crore a year ago) dented by higher investment costs during the quarter. Sequentially, the profit fell 3% from the first quarter’s Rs 51 crore profit. Revenue for the second quarter jumped 28.3% YoY and 12.5% quarter-on-quarter (QoQ) to Rs 521.64 crore. The drop in profit was primarily due to salary increments for most of its employees rolled out from July 1, impacting 2.30% of its profitability, the addition investments towards its new sales team and into its GenAI business.

ePlane Company, incubated at IIT-Madras and aiming to become one of the main players in India’s electric vertical takeoff and landing (eVTOL) mobility sector, on Friday announced the closure of a $14 million funding round. With this funding, ePlane is poised to become the largest-funded eVTOL player in India, the company said in a statement. Founder of the startup and IIT-Madras aerospace engineering professor Satya Chakravarthy told ET that the government's support and announcement of certification standards have helped strengthen investor confidence. “Among the new investors, we can clearly see that their conviction about air taxis is much stronger compared to their interest in just commercialising drones,” he said. The Series B round was co-led by Speciale Invest and Antares Ventures, with continued participation from Micelio Mobility, Naval Ravikant, Java Capital, Samarthya Investment Advisors, Redstart (from Naukri), and Anicut.

Money is a focus at COP29 whose success is likely to be judged by whether it can agree a new target for how much richer countries, development lenders and the private sector must provide each year to help developing countries finance the transition to greener energy and protect against extreme weather. Reaching a deal is likely to be especially hard at a summit where the mood has been soured by disputes and pessimism about shifts in global politics.