A handful of global and domestic private equity funds including CVC Capital Partners, Temasek Holdings, Warburg Pincus and Multiples Alternate Asset Management have evinced interest to acquire the animal health business of Cadila Healthcare Ltd, multiple people aware of the development said. The proposed deal is expected to value Zydus Animal Health and Investments at Rs 2,500 crore, they said.

The short film is inspired by ancient Chinese New Year legends. It tells the story of a girl who accidentally found the Nian beast on the mountain. The latter has been misunderstood for many years. But now, there is a chance to get things fixed. The film demonstrates the Dolby Vision 10-bit HDR shooting, low-light shooting, sensor displacement optical stabilization & other functions of the phone.

Prime Minister Narendra Modi will visit Haldia in West Bengal on February 7 to dedicate several infrastructure projects in the oil and gas sector, Union Minister Dharmendra Pradhan said. The projects include 347-km long Dobhi-Durgapur natural gas pipeline built at a cost of Rs 2,433 crore by state-owned GAIL, Indian Oil Corporation (IOC) said in a statement.

In China’s online streaming industry, virtual gift-giving is a huge hit. You can send anything from a rose for 5 yuan to a space rocket for 500 yuan. The present is just a symbol, but the money is real. This unique idea made Kuaishou Technology immensely successful. While virtual gift purchases are still its bread and butter, Kuaishou is delving deeper into other businesses like e-commerce.

It has been reported by a US immigration think tank NFAP, that in the quarter ending September 2020, i.e. the fourth quarter, the H-1B denial rate fell to 1.5%, from 15% in the same quarter last year. In fact, the rejection rate for the 1st three quarters (this year) has been as high as 58%. The fiscal year followed by United States Citizenship and Immigration and Services is from Oct to Sep.

The GST revenue collected during January 2021 has touched almost Rs 1.20 lakh crore. This is the highest GST revenue the government has collected since the introduction of the Goods and Services Tax regime. The GST revenues for the month of January are 8% higher than the revenues collected in the same month last year. In January 2020, the government had garnered around Rs 1.1 lakh crore.

The government has collected Rs 19,499 crore through CPSE disinvestment and share buyback so far in 2020-21, as against the Rs 2.10 lakh crore budget target set for the entire fiscal year ending March 31. However, the pandemic delayed big-ticket strategic sales and listing of LIC. Now, the government is likely to miss the budgeted disinvestment target by a wide margin in this fiscal.

Queen Elizabeth will host new US President Joe Biden and other world leaders at Buckingham Palace before a summit of the G7 big economies in June. The Queen would be joined by the Prince of Wales, the Duchess of Cornwall and the Duke and Duchess of Cambridge during the event. Britain has announced plans to hold the first in-person summit of the G7 for nearly two years in June in Cornwall.

Four liquor manufacturers on Sunday objected to the Delhi government's new excise policy recommendations and warned that these would bring in cartelization besides hitting the government's revenue. The Delhi government had recently received around 10,000 suggestions, including opening more private liquor vends and reducing the legal age for drinking from 25 to 21 years.

PNB Housing Finance is planning to tie-up with some banks for co-lending in the housing loan sector and is hopeful that these partnerships will be win-win for consumers, banks and NBFCs. In November 2020, the RBI had allowed the co-lending scheme for banks under which they can co-lend with the non-banking finance companies (NBFCs), including the housing finance companies (HFCs).

Power demand in India touched an all-time high of 189.64 GW on Saturday. It signifies the revival in economic activities leading to higher commercial and industrial demand, which was affected due to the pandemic. The power demand started recovering from September onwards. Peak power demand met grew at 1.7% in September, 3.4% in October, 3.5% in November and 7.3% in December.

The government may give Cairn Energy one of the surrendered oil fields like Ratna R-Series in lieu of the USD 1.4 billion it has to pay to the British firm. Cairn Energy gave India its biggest onland oil discovery but exited the country after it was slapped with a Rs 10,247-crore tax demand. However, the firm has now won an international arbitration against the tax demand.

Shriram Transport is planning to raise $250 million through social bonds issue before March. Earlier this month, there company raised another $500 million through such bonds issues. As per the Reserve Bank of India (RBI) guidelines, eligible borrowers can raise external commercial borrowing (ECB) up to $750 million per financial year under the automatic route.

Amazon expanded its seller-centric vernacular and video-enabled initiatives to ease registering, onboarding, and selling on the marketplace. The company has now launched its seller registrations and account management services in Kannada. This also included managing orders, inventory management, and accessing performance metrics. In Sept2020 the company added Kannada, Malayalam, Tamil, & Telegu.

Robert Bosch Engineering and Business Solutions (RBEI) is planning to hire 2,500 people in India to further strengthen its growth momentum in 2021. RBEI, which currently employs over 20,000 employees in the country, will recruit 1,000 freshers and 1,500 experienced professionals in 2021. The company will hire in areas of mobility, embedded, IT, digital and new age technologies.