Kerala CM lauded Industrial Ecosystem of the state after Kerala-based ‘Open Financial Technologies’ becomes India’s 100th unicorn
After Kerala-based fintech firm ‘Open Financial Technologies’ became India’s 100th unicorn, Chief Minister Pinarayi Vijayan said it was a proud day for the state’s startup ecosystem. The startup, which is…
COVID-19 update: SII drops price of its Covovax vaccine
Medilytix Bureau: A day after its Covid shot Covovax was included on the CoWIN portal for inoculation of children aged 12-17 years at private vaccination centres, the Serum Institute of…
India gets its 100th Unicorn with Neobank Open, Start-Up Industry pegged at $333bn
Medilytix Bureau: What came up as a major development for the start-up industry in India, with the advent of Neobank Open, India gets its 100th unicorn and 20th from the…
HDFC Q4 profit up 16% to ₹3,700 cr, approves dividend
Medilytix Bureau: HDFC Ltd today reported standalone net profit of ₹3,700 crore for the March quarter, up 16% from ₹3,180 crore clocked in the year-ago period. On Monday, HDFC shares…
Adani Wilmar beats HUL to become the largest FMCG company in India
Medilytix Bureau: Packaged foods major Adani Wilmar Ltd. (AWL) today reported Rs 54,214 crore revenue from operations for FY2021-22, a 46.2 per cent higher year-on-year (YoY). With this jump in…
IDFC First Bank Q4 Results: Net profit rises two-fold to Rs 343 cr
Medilytix Bureau: IDFC First Bank on Saturday posted over two-fold rise in net profit to Rs 343 crore in the March 2022 quarter on the back of strong core operating…
Bank of Baroda cuts interest rate on car loans to by 25 bps to 7%
Medilytix Bureau: State-run Bank of Baroda on Monday announced a 25 basis points (bps) reduction in its car loan interest rates to 7 per cent per annum from 7.25 per…
Oral treatment for diabetes possible through newly identified drug: IIT Mandi study
Medilytix Health Desk: Researchers at IIT Mandi have identified a drug molecule that can be used to treat diabetes. The molecule, called PK2, is able to trigger the release of…
Tarun Kapoor new adviser to PM Modi
Medilytix bureau: The Centre has appointed former petroleum secretary Tarun Kapoor as an adviser to Prime Minister Narendra Modi, even as it transferred a few other IAS officers in a…
Alkesh Kumar to be Meity secretary, Gyanesh Kumar named cooperation secretary in the new reshuffle by Central Govt
Medilytix Bureau: Pradip Kumar Tripathi, a secretary at the department of personnel and training (DoPT), has been appointed as a secretary (coordination), cabinet secretariat, in place of Alkesh Kumar Sharma,…