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Business Economy


Aster DM Healthcare acquires 100 pc stake in Warseps Healthcare LLP

Mumbai, May 23 ( UNI) Aster DM Healthcare said that it has acquired 100 pc stake in Warseps Healthcare LLP through its Wholly owned Subsidiarys Companies,and acquisition is expected to complete on May 25, 2020.
DM Med City (Hospitals) India Private Limited has acquired 99 pc ownership and Aster DM Healthcare (Trivandrum) Private Limited has acquired one percent ownership.
Warseps Healthcare LLP ( is in the business of developing, manufacturing, trading and advising / assisting third party for manufacturing various medical devices in various fields of medicine to address various diseases like diabetes, sepsis, etc.
The target entity's business supplements the main line of business of Aster DM Healthcare Limited. The target entity has Intellectual property rights of some ongoing research activities. Acquisition of the target entity will result in expansion of Aster DM Healthcare's current healthcare service portfolio.
UNI JS NV JW1919
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Toyota Kirloskar Motor clocks 1639 units in May 2020, Resumes production in its plant in Bidadi

31 May 2020 | 8:08 PM

Kolkata, May 31 (UNI) Toyota Kirloskar Motor (TKM) on Sunday announced that the
company sold a total of 1639 units in the month of May 2020.

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Kaveri Seeds sales up by 14 86 pc in FY-20

31 May 2020 | 3:02 PM

Hyderabad, May 31 (UNI) The Board of Directors of Kaveri Seeds Company Limited approved the financial results for the quarter ended May 31, 2020 at its meeting held in Secunderabad on Saturday.

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IndiGrid to acquire Jhajjar KT Transco Private Limited from Kalpataru Power Transmission Limited and Techno Electric & Engineering Company Limited

30 May 2020 | 7:15 PM

Kolkata, May 30 (UNI) India Grid Trust (“IndiGrid”), India’s leading infrastructure investment trust, has announced the execution of SPA for acquisition of 100% stake in Jhajjar KT Transco Private Limited (“JKTPL”) from Kalpataru Power Transmission Limited (“KPTL”) and Techno Electric & Engineering Company Ltd (“TEECL”).

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PFC to provide PPE kits, ambulances to Uttarakhand govt in its fight against Covid-19

PFC to provide PPE kits, ambulances to Uttarakhand govt in its fight against Covid-19

30 May 2020 | 4:43 PM

New Delhi, May 30 (UNI) Power Finance Corporation Ltd (PFC) , the central PSU under Ministry of Power and India's leading NBFC, has come forward to provide financial assistance of Rs 1.23 crore to the Uttarakhand Government to fight the COVID-19 pandemic.

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Production of Natural Rubber rises to 7 12 lakh tonnes in India

30 May 2020 | 1:27 PM

Kottayam, May 30 (UNI) The production of natural rubber in the country rose to 7.12 lakh tonnes, registering a growth rate of 9.4 per cent during 2019-2020.

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