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Business News Highlights: Stock Market To Remain Closed For Mahashivratri, Investors Lookout For Global Market Movements

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Business News Highlights: Stock Market To Remain Closed For Mahashivratri, Investors Lookout For Global Market Movements

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18:17 PM (IST)  •  08 Mar 2024

Sun Pharma Initiates Recall of 55k Bottles Of Generic Medicine In US

Sun Pharma is initiating a recall of approximately 55,000 bottles of a generic medication used to treat bowel disease in the American market, according to the US Food & Drug Administration (USFDA). The latest Enforcement Report by the US health regulator states that Sun Pharmaceutical, based in New Jersey and a subsidiary of the Mumbai-headquartered drug major, is recalling 54,960 bottles of Mesalamine extended-release capsules in the American market.

17:18 PM (IST)  •  08 Mar 2024

Annual Spectrum Auction Calendar Is A Major Reform: Ashwini Vaishnaw

Union Minister of Railways of India Ashwini Vaishnaw said on Friday that the "Annual spectrum auction calendar is a major reform. Now telecom service providers will get opportunity to buy spectrum regularly in a transparent way."
17:02 PM (IST)  •  08 Mar 2024

Equity MFs Witness Near 2 Year High Inflow At Rs 26,866 Crore

Equity mutual funds sustained their upward trend with an inflow of Rs 26,866 crore in February, marking the highest monthly influx in 23 months. This surge was fueled by significant interest in thematic funds and the introduction of new fund offerings (NFOs). Additionally, the latest inflow represented a 23 per cent increase from the Rs 21,780 crore recorded in January.

16:25 PM (IST)  •  08 Mar 2024

61% Indian Women Prefer Housing As Investment: Survey

Approximately 61 per cent of Indian women consider housing as their preferred investment asset class. Nearly 16 per cent opt for the stock market, while 14 per cent choose gold, according to real estate services company ANAROCK's latest report released on Friday. Additionally, the report highlights that about 78 per cent of women homebuyers prefer purchasing homes for end-use, while 22 per cent do so for investment purposes. 

15:36 PM (IST)  •  08 Mar 2024

inDrive Launches 'DrivingNaari' For Women

The global ride-hailing app inDrive introduced the DrivingNaari program on Friday, offering equal opportunities to women pursuing driving as a career. The initiative seeks to empower underprivileged women by enabling them to become professional drivers, thereby granting them access to rewarding "livelihoods with dignity," as stated by inDrive in a press release.

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