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July 26, 2024

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Mankind Pharma to buy out Bharat Serum

NewsOnRadar Bureau Jul 26, 2024

MUMBAI: Gurugram-based Mankind Pharma, which is a leading player in the domestic OTC drug segment, has entered into a definitive agreement to acquire 100% stake that global investor Advent International holds in Bharat Serums and Vaccines…

Tech Mahindra net profit up 23% to Rs 851 cr

NewsOnRadar Bureau Jul 26, 2024

BENGALURU: Tech Mahindra on Thursday reported a 23% increase in its consolidated net profit at Rs 851.5 crore for the June quarter as against Rs 692.5 crore in the year-ago period. The company’s revenue from operations in the quarter stood…

US economy posts 2.8 percent growth in April-June quarter

NewsOnRadar Bureau Jul 26, 2024

Washington: The US economy, despite high interest rates, grew at 2.8 percent in the second quarter -- double the rate of 1.4 percent that it saw in the January-March period. The significant growth is mainly attributed to increased consumer…

Canara Bank net profit rises 10.5% to Rs 3,905 crore

NewsOnRadar Bureau Jul 26, 2024

Mumbai: State-run Canara Bank has reported a 10.5 percent on-year rise in net profit for the June quarter at Rs 3,905.3 crore on improved asset quality with lower bad loans and fresh slippages. The Bengaluru-based lender said Thursday…

Early Axis Bank losses pull Sensex, Nifty.

NewsOnRadar Bureau Jul 26, 2024

MUMBAI: Equity market benchmark indices Sensex and Nifty tumbled in early trade on Thursday, continuing to decline for the fifth day running, dragged by Axis Bank and overall bearish global market trends. The announcement of a hike in…

ASEAN summit in Laos focuses on Myanmar bloodshed, South China Sea concerns.

NewsOnRadar Bureau Jul 26, 2024

VIENTIANE: Southeast Asian foreign ministers and top diplomats from key partners including the United States and China were gathering in the Laotian capital on Thursday for the start of three days of talks expected to focus on the…

Russian drones attack Ukraine port again tonight.

NewsOnRadar Bureau Jul 26, 2024

KYIV: Russian drones attacked the southern Ukrainian port city of Izmail for a second straight night damaging infrastructure, Kyiv said Thursday, claiming several Russian attack drones entered Romanian airspace. Moscow has targeted ports…

Philippine tanker carrying 1.4 million litres of oil sinks off Manila.

NewsOnRadar Bureau Jul 26, 2024

MANILA: A Philippine-flagged tanker carrying 1.4 million litres of industrial fuel oil capsized and sank off Manila on Thursday, authorities said, as they raced to contain a spill. The MT Terra Nova was heading for the central city of…

Netanyahu, Biden to meet on elusive Gaza deal

NewsOnRadar Bureau Jul 26, 2024

WASHINGTON: Joe Biden will press Benjamin Netanyahu on Thursday to seal a Gaza ceasefire deal, despite the US president's shock election exit threatening to limit his leverage over the Israeli premier. Netanyahu will also meet Vice…

Frankfurt Airport disrupted by climate activists

NewsOnRadar Bureau Jul 26, 2024

BERLIN: Frankfurt airport, Germany's busiest, was forced Thursday to temporarily suspend arrivals and departures after environmental activists forced their way into the apron. Traffic was halted during the busy summer holiday season for…

Harris begins presidential campaign push with union endorsement

NewsOnRadar Bureau Jul 26, 2024

HOUSTON: Vice President Kamala Harris is slated to continue her days-old presidential push by speaking Thursday to the American Federation of Teachers, the first labour union to formally endorse her candidacy. Having emerged as the…

France announces major operation against cyber-spying

NewsOnRadar Bureau Jul 26, 2024

PARIS: French authorities have launched a major operation to clean up computers infected by a cyber-espionage programme that has struck millions of users worldwide, a senior prosecutor said Thursday. "On the eve of the Olympics, this…

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