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Caplin Point Laboratories surged 15% to hit a fresh 52-week high of Rs 1,818 on the NSE after the company informed exchanges about nil observations by the Brazilian health regulator during an inspection at its Chennai -based unit. Brazilian Health Regulatory Agency (Anvisa) conducted an inspection of Caplin Steriles’ injectable and ophthalmic manufacturing facility located at Gummidipoondi between August 12 and 16 and concluded with zero observations.

Jharkhand Chief Minister Champai Soren may quit the Jharkhand Mukti Morcha (JMM) party and join another front, JMM leader Manoj Pandey warned that such a move would be self-sabotage for Soren. Speaking to on Sunday, Pandey said, «Champai Soren is a cautious leader and remains a member of the party. It wouldn't be appropriate for me to comment on any of his remarks. However, if he does make such remarks and leaves the party for another, such as the BJP, it would be self-sabotage for him.» Pandey added that he «can't believe that a mature politician like Soren would make such a decision to join the BJP, which is already a sinking ship.»

board of AIA Engineering has approved a share buyback of Rs 500 crore at Rs 5,000 per share, a premium of nearly 10% over Friday’s closing price of Rs 4,553. August 20 has been set as the record date. “We wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., August 07, 2024, have, inter alia, approved the Buy-back of up to 10,00,000 (Ten Lakhs Only) fully paid-up Equity Shares of face value of ~ 2/- each by the Company (representing 1.06% of the total number of Equity Shares of the Company) at a price of ~ 5,000/- (Rupees Five Thousand) per Equity Share payable in cash for a total consideration not exceeding ~. 500,00,00,000/- (Rupees Five Hundred Crores only),” said the company in its filing to the exchanges.

Mint earlier reported about Macquarie Group, JSW Neo Energy, and Actis Llp signing NDAs to buy O2 Power. Barclays is running the sale process for the deal having an equity and enterprise value of around $1 billion and $2.3 billion respectively. The next stage involves shortlisting the NBOs to give selected bidders full data room access, after which the binding bids will be submitted.

Also read | Mint Explainer: Hindenburg's latest salvo against the Sebi chief While the Nifty futures contract expiring on 29 August rose 0.75% to 24,585.5 in the week through 16 August, the AEL contract expiring on the same date fell 2.7% to ₹3,119.35 a share during the period. Adani Ports’ contract slipped 2.8% to ₹1,497.35.

Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India (SEBI), is facing allegations of a conflict of interest. Documents reviewed by Reuters show that Buch continued to earn revenue from Agora Advisory Pvt Ltd, a consultancy firm where she holds a 99% stake, during her tenure at SEBI. This situation raises questions about potential violations of SEBI’s 2008 policy, which prohibits officials from holding other professional positions that could lead to a conflict of interest.

Foxconn is working on plans to set up a Battery Energy Storage System unit in India, its chairman Young Liu said here. With an eye on the electric vehicle segment, Foxconn has been expanding its battery manufacturing business, with the first plant already set up in Taiwan. Liu told PTI that Foxconn's information and communication technology segment has just started in India. «We are also waiting to put our 3+3 future industry in India. I have been talking to the minister for industries here about how can we collaborate on BESS (Battery Energy Storage System) in Tamil Nadu...,» Liu said.

Bengaluru police have taken action against 44 individuals for a recent video where they are seen performing a reckless scooter stunt on a busy road in India's IT capital during daytime. «Wheeling on city roads? Our officers are always ready to bring your adventure to a halt,» said Bengaluru City Police while sharing a video of the individuals performing the stunt. Along with the video, the police informed that action had been taken against 44 for the wheeling incident.

RG Kar Medical College and Hospital, the Kolkata Police have imposed Section 163 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (formerly Section 144 of the CrPC), around the Medical College and Hospital for seven days, effective from Sunday, 18 August. In an order released on Saturday by the Commissioner of Police, Vineet Kumar Goyal, it was stated that rallies, meetings, processions, dharnas, demonstrations, and the unlawful assembly of five or more persons are prohibited in the specified area of Kolkata. "...In exercise of the power conferred by Sub-Section (1) of Section 163 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, read with Sub-Section (3) of the said Section, I, Vineet Kumar Goyal, Commissioner of Police, Kolkata, being an Executive Magistrate for the Metropolitan area of Kolkata as well as the district of South 24 Parganas (within the limits of the suburbs of Kolkata falling under Kolkata police jurisdiction), do hereby prohibit, for a period of seven (7) days from 18.08.2024 to 24.08.2024, or until further notice, any unlawful assembly of five (5) or more persons, carrying of lathis, any lethal or other dangerous weapons, or the commission of any act likely to cause a breach of peace and disturbance of public tranquillity within the specified area in the town of Kolkata," the order stated.

West Bengal Health and Family Welfare Department has rescinded the transfer orders of 42 doctors amid the ongoing outrage and protests following the rape and murder of a postgraduate trainee doctor at RG Kar Medical College and Hospital in Kolkata on Saturday. Speaking at a press conference, the Principal Secretary of the WB Health and Family Welfare Department, Narayan Swaroop Nigam, stated, «Considering the current situation, we need to maintain normal services across the board. Therefore, we have decided to cancel these transfer orders for now. Any further decisions regarding this matter will be made in a few days.» He explained that the transfer process is part of the promotional exercise within the Medical Education Service, a lengthy procedure that began two months ago.

West Bengal administration has proceeded with the horrific case. Last Friday, when Di's body was discovered, authorities of Kolkata's RG Kar Medical College & Hospital tried to pass off the murder as suicide to the victim's family. The police initially did the same. After all, why on Earth would a state-affiliated institution's authorities lie? Trying to pass off homicide as suicide is SOP if you want to put a lid on things. Self-sexual assault — self-rape — is, however, far more difficult to spin. So, a case of rape-murder it has officially become.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

undergraduate programs. Students who completed the counseling registration form can see the seat allocation results at bhucuet.samarth.edu.in, the official website. Candidates can see the first round's allocation outcome by providing their application number and birthdate.The outcome of the seat distribution will be determined by the candidates' CUET UG scores, merit rankings, selected courses, and preferences. By August 20 (5:00 pm), at the latest, students must submit the acceptance fee in order to confirm their seat assignment. It is required of the candidates to finish the admissions process promptly; any possibility of not doing so would result in the loss of the reserved seat.

cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a «non-intrusive» manner, the CBDT has asked the I-T department. The apex body for direct taxes administration in the country — the Central Board of Direct Taxes — has also asked the tax department to undertake «concerted efforts» to recover arrear demands which have been witnessing a «steep rise» since the last financial year. The CBDT recently issued an annual action plan dossier called the central action plan (CAP) 2024-25. Senior officials told PTI that transactions over Rs 2 lakh in cash were required to be reported through a statement of financial transaction (SFT) by financial institutions but that was not happening.

Moreover, the Ministry requested the agitating doctors to resume their duties in the larger public interest and in view of the rising cases of Dengue and Malaria. «The representatives of Federation of Resident Doctors Association (FORDA), Indian Medical Association (IMA) and Resident Doctors’ Associations of Governmental Medical Colleges & Hospitals of Delhi met the Ministry in the aftermath of the incident against a resident doctor in RG Kar Medical College and Hospital, Kolkata.»

mutual funds, an investor has to decide whether to choose active or passive funds. Both types of funds offer different approaches to managing investments, and having an understanding of their differences can help an investor make an informed choice that aligns with your financial goals.

A survey conducted by the Indian Medical Association (IMA) puts a number to the alarming extent of stress and fear among doctors. According to the survey, 82.7% of doctors experience significant stress in their profession, 62.8% fear violence and 46.3% identify violence as a major source of their stress. These figures illustrate the growing concern regarding the safety and well-being of medical professionals, reported ToI. «The present Bill not only merely focuses on punishment but also addresses the other parameters which lead to violence. It will ensure that all the healthcare service personnel have the right to work in a safe and secure work place which is free of violence and also secure the rights of patients,» said the official document.

tender process to procure graphic processing units (GPUs) and provide services to users under the India Artificial Intelligence (IndiaAI) Mission, sources told ET. The ministry of electronics and information technology is likely to float the tender to procure 1000 GPUs or equivalent AI compute capacity for now, a source said. The winning bidder will provide services for three years for now, which may be extended on mutually agreeable terms by the government. On July 5, ET had exclusively reported that the IT ministry was likely to allow only Indian companies to run and manage the operations of GPUs to be procured under the Rs 10,372 crore India AI Mission.

Sabarmati Express derailed between Kanpur and Bhimsen stations in Uttar Pradesh early Saturday morning. Fortunately, no injuries or fatalities have been reported. Seven trains have been cancelled, and three diverted due to the incident. Emergency services, including buses and a MEMU train, were arranged to transport passengers to Kanpur. This comes at a time when India is seeing an increasing number of train mishaps that have killed hundreds over the last one year. However in this case, no injuries or fatalities were reported so far. «No injury to any person has been reported as of now. We are trying to find details regarding the number of coaches derailed,» stated a Railway Board official.

Kolkata Police in connection with the RG Kar vandalism incident, Police Commissioner Vineet Goyel said on Friday. He urged all citizens and all political parties to come up with information about the miscreants behind the vandalism. Goyel urged the media and the people to not pay heed to the rumour mongering which has been going on over the rape and murder of a PG medical student of the hospital and the vandalism incident. The Police Commissioner accepted that there was «failure of assessment» about the crowd size on the 'Reclaim the Night' which was meant to be peaceful. He said, «So many women and people had come from various parts of the city and it was difficult to assess the size of the crowd.» «If you call it a failure of assessment, yes it was. The entire protest was supposed to be peaceful. We are human beings. We also make assessments based on available resources. There was so much security in the location. ACP-I was also present,» he said. " During the 'Reclaim the Night' protest, there were gatherings and spontaneous crowds which had come, with no specific leaders. How many people will gather could not be assessed. We had to deploy our resources throughout the city while a fairly large contingent had assembled at the RG Kar hospital," the Commissioner said.