Isolate Financial News

OmniActive Health Technologies, an integrated nutraceutical ingredient maker, is scouting for acquisitions to enlarge its product basket, gain access to customers and technologies, and expand geographically. «We are continuously scanning companies for products, customers, and technologies...this may require us to raise capital from financial institutions in India or abroad,» Sanjaya Mariwala, chairman and managing director of Mumbai-based OmniActive, told ET in an interview. In January 2021, US private equity firm TA Associates had acquired a majority stake in OmniActive. According to Crisil, as of July 2023, TA held 56.35% stake in OmniActive and the Mariwala family held 39.99%, while the rest was held by other shareholders. Mariwala expects OmniActive to grow at a much faster rate in the next several years through launch of new products and expansion. The company's revenue in FY23 was ₹716 crore. Over the years, OmniActive has spent ₹400-500 crore on research and development (R&D) and created a backward integrated model, where it sources flower extracts and botanical plants from agricultural fields through contract farming and established USFDA-compliant facilities to extract, isolate and purify the active nutraceutical ingredients. It has emerged as one of the top suppliers to global consumer health and pharmaceutical companies such as Bausch & Lomb (eye health), GNC, The Vitamin Shoppe, Novartis and Pfizer, among others.

fog conditions till December 31, the Indian Meteorological Department said on December 27. According to the department's forecasts, some parts of Haryana, Chandigarh, Delhi and Uttar Pradesh will be enveloped in thick fog between 27th and 29th December, while some pockets of north Rajasthan and north Madhya Pradesh will see such conditions on 27 December. Fog is classified as dense when visibility is between 50 metres and 200 metres. The dense fog alert was also issued for isolated pockets of Odisha and Uttarakhand on 27th and 28th December. Other areas include Haryana, Chandigarh, Delhi and Uttar Pradesh (30th & 31st December); Assam, Meghalaya and Nagaland, Manipur, Mizoram and Tripura (27th-31st December). For Jammu and Kashmir, forecast is for dry weather along with moderate to dense fog (Central Kashmir, Pulwama and Baramulla till December 31).

Covid-19 to remain in home isolation for a period of seven days. Additionally, all symptomatic primary contacts of these individuals will also be tested. This decision was taken by a cabinet sub-committee on Covid-19, chaired by health minister Dinesh Gundu Rao, during their meeting at Vidhana Soudha on Tuesday.

Info Edge (India) Ltd. gained 1.25 per cent to Rs 5144.0 in Wednesday's session as of 10:10AM (IST) even as the equity benchmark Sensex traded 394.52 points higher at 71731.32. Earlier in the day, the stock witnessed a gap up start to the session.

Bank of Baroda traded 3.17 per cent up at Rs 232.3 at 10:15AM (IST) on Wednesday, even as BSE benchmark Sensex gained 394.14 points to 71730.94. The stock had closed at Rs 225.15 in the previous session. The stock quoted a 52-week high price of Rs 232.4 and 52-week low of Rs 146.5, respectively.

media reports. Currently, the state has 34 cases of JN.1 variant. While speaking to news agency ANI, Karnataka Health Minister Dinesh Gundu Rao has that the government is well prepared and nothing is "alarming." "430 cases are active out of which 400 are in home isolation and the remaining are in hospital.

dense fog affected visibility in several areas affecting about 30 flights, including international ones, were delayed at the Delhi airport while 14 trains were affected. In Punjab and Haryana too, thick blanket of fog enveloped several parts of the state on Tuesday as cold weather conditions continued to prevail.

₹40,000 crore corruption in the COVID-19 management in the state. "Do you know how many thousands of crores of rupees was looted in this (Covid)? There is ₹40,000 crore irregularities during Covid-19 outbreak," Yatnal claimed, PTI reported. As many BJP leaders have been demanding action against him, Yatnal said, "They (the BJP government in Karnataka) have done everything (huge corruption during Covid).

By Hyonhee Shin

AFP. "Don't worry about me. I'm fine. I'm totally relieved that I've finally made it," he wrote on X, adding, "I'm still in a good mood, as befits a Santa Claus", referring to his winter clothing and beard.

Sunil Subramaniam, MD & CEO, Sundaram Mutual, says “this week, we will see a consolidation because as it gets closer to Christmas, fund managers go on holidays and so there will be less activity but also the remaining profit booking that needs to be done, would be done. I would say that till the new year, I would expect this to consolidate but in January, I expect further inflows to come in from FIIs and take the index to new highs.” The markets are in a holiday mood right now. What has been your observation so far? It has been a very good run. The macro cues are also pretty positive. How much is already getting into the price now? Sunil Subramaniam: I would say that it is not fully into the price and the reason I say that is because this is the period when you have hedge funds booking profits, those who entered six months, a year, year-and-a-half ago, the Indian market has been one of those where they have made the best returns. As you know, hedge fund managers need to book profits before the year end in order to be able to receive their bonuses, so at this time we have suddenly got this flood of good news for India.

ICICI Prudential Life Insurance Company Ltd. gained 0.39 per cent to Rs 521.25 in Tuesday's session as of 12:02PM (IST) even as the equity benchmark Sensex traded 310.19 points higher at 71417.15. Earlier in the day, the stock witnessed a gap up start to the session.

Shriram Finance Ltd. fell 0.39 per cent to Rs 2047.95 in Tuesday's trade as of 11:57AM (IST) even as the benchmark Nifty ruled at 21460.65, up 111.25 points. The scrip had closed at Rs 2056.1 in the previous session.

dense fog as the temperature dropped to almost 7 degrees in the national capital on Tuesday morning. Following this, the Delhi airport experienced delays in both arrivals and departures for about 30 flights, including international, said officials. ANI has reported that 14 trains are also affected due to fog and low visibility in the Northern Zone of the Indian Railways.

Max Healthcare Institute Ltd. gained 2.62 per cent to Rs 665.9 in Tuesday's session as of 10:10AM (IST) even as the equity benchmark Sensex traded 161.56 points higher at 71268.52. Earlier in the day, the stock witnessed a gap up start to the session.

moderate rainfall from December 30 to January 1, 2024. According to the weather office, dense fog conditions have been predicted in the morning in isolated pockets of Punjab, Haryana, and East Uttar Pradesh during 25th-27th December.

markets to analyse a stock and its valuation trajectory. ET looks at the interpretation and accuracy of PE ratio and how investors can use PE ratio to assess a stock or company.

Mint explains: Terrestrial networks use on-ground telecom infrastructure to enable connectivity. However, on-ground network cannot cover every area. But a satellite network can, by beaming connectivity down to ground stations where ground networks aren’t present.

Reuters quoted his spokesperson as saying on Monday. This came weeks after contact with him was lost, just ahead of a presidential vote expected to easily hand Vladimir Putin a fifth term. Navalny's spokesperson Kira Yarmysh said he was located in a prison colony in the town of Kharp, in the Yamalo-Nenets region about 1,900 kilometers (1,200 miles) northeast of Moscow.

Avatar: Frontiers of Pandora, players encounter three noteworthy Na'vi Clans that contribute to the storyline. These Clans play pivotal roles in the game, offering assistance in the fight against the RDA.

The end of one year and the start of another is always a good time to admit one’s mistakes. And I got something wrong about remote work. In 2020, when offices shuttered and many workers began working remotely, many sceptics decried the arrangement’s loneliness and isolation.