Page 17 - Aneeka Chatterjee

Nikhil Kamath's Gruhas, Brigade launch Rs 300 cr realty-focused fund

Both partners have contributed about 15% each to the overall Rs 200 crore Sebi-registered Category II AIF, which includes a Rs 100 crore green-shoe option

Essential drug price cuts saved patients Rs 3,788 crore a year: Govt

Under the AMRIT initiative, medicines for cancer, cardiovascular diseases, and surgical implants are available at up to 50 per cent discounts in selected hospital pharmacies

Workplace business on a high as back to office becomes the new normal

While commercial real estate developers are banking on potential demand, they also believe that hybrid work culture will continue to co-exist

Loca Loka plans to enter India by October, targets 1 mn bottles in 3 years

The company is set to launch Añejo tequila in Miami and Las Vegas this May. India will get all three variants

Extended Holi weekend paints busy travel scene, flight bookings up 50%

According to travel platform ixigo, flight bookings have seen a year-on-year surge of 45-50 per cent, driven by a mix of homebound travel, leisure getaways, and spiritual tourism

Fashion-tech brand Virgio aims to invest $1 mn across 16 stores under plan

On the international front, the fashion-tech brand plans to open two stores in Dubai. It is currently scouting locations and aims to begin operations by the end of 2025

Indira IVF expands with launch of MatCare Maternity & Child Hospital

This expansion further enhances Indira IVF's core reproductive care offerings, underscoring its commitment to delivering high-quality, integrated services that fully address diverse needs of families

Aster DM promoters reduce share pledge to 41% for debt refinancing

"This milestone also reinforces trust among our stakeholders, investors, and partners as we continue to expand our footprint in India," added Moopen

The Executive Centre to expand co-working space by 2.38 lakh sq ft in March

The company which competes with WeWork, Regus and others like Awfis, has 15 lakh sq ft co-working space across the country. It aims to double its entire portfolio by 2027

Syngene International acquires its first biologics unit in US for $36.5 mn

The facility, equipped with multiple monoclonal antibody (mAbs) manufacturing lines, comes for a deal value of $36.5 million

Increasing obesity in rural women linked to lifestyles, processed foods

From processed food to multiple pregnancies, several factors behind their obesity

Women shatter glass ceiling, increase investments in real estate market

Despite their progress, women investors like Sabbarwal, Somani and Kripalani face significant challenges in real estate

Biocon Biologics, Civica partner to expand Insulin Aspart access in the US

Biocon Biologics' own Insulin Aspart drug product for the US is currently under review by the US Food and Drug Administration (FDA)

Cantabil Retail eyes Rs 55 cr capex by FY26, to expand production capacity

Nigam shared details about the company's major project, set for completion by mid-September

Private hospitals in India to add 10,000 beds by FY26: CRISIL Ratings

A recent analysis by CRISIL Ratings of 91 private hospitals, which collectively generated approximately Rs 64,000 crore in revenue last financial year, supports this finding

New office supply hits all-time high in 2024 across 7 major cities: Vestian

The report underscored the challenges facing India's office market in 2024, attributing them to global macroeconomic uncertainty, escalating geopolitical tensions, and persistent inflation

Bengaluru airport inaugurates Rs 120 crore domestic cargo terminal

BLR Airport, Menzies Aviation unveil India's largest DCT with 4 lakh MT capacity, ₹120 cr investment

Amrut unveils Expedition, oldest single malt whiskey aged for 15 years

Expedition matured for eight years in a specially sourced European Sherry cask, developing deep, opulent flavours

Biocon Biologics launches biosimilar alternative to Stelara in the US

YESINTEK is approved for Crohn's disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis, offering a cost-effective treatment for chronic autoimmune diseases

Retail's next wave: Brands chase growth in India's emerging cities

Beyond technology leaders, retailers in apparel, beauty, fashion, and entertainment are targeting Tier-II and -III cities, extending their reach beyond metro hubs