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23 November, 2017 7:44 AM Pravin Rao likely to continue as Infosys CEO: Sources

Pravin Rao, who became the CEO temporarily after the then CEO Vishal Sikka suddenly resigned, is likely to continue to be the CEO of the firm, according to sources. Interim Infosys Chief Executive Officer (CEO) UB Pravin Rao is likely to hold his post, sources told CNBC-TV18, dismissing earlier reports that claimed BG Srinivas and Ashok Vemuri to be in the race to become 25

23 November, 2017 5:38 AM Biocon shares gain over 2% on launch of cancer drug KRABEVA in India

Biocon share price gained 2.5 percent intraday Thursday after the biopharmaceuticals firm has launched KRABEVA, a biosimilar Bevacizumab, in India. The drug is used for the treatment of patients with metastatic colorectal cancer and other types of lung, kidney, cervical, ovarian and brain cancers, in India. "We believe KRABEVA will be an important addition 21

22 November, 2017 12:40 PM Thomas Cook to sell 5.42% in Quess Corp to raise Rs 600 cr

Integrated travel and travel related financial services player Thomas Cook India today said its board approved a fund raising plan of Rs 600 crore by divesting 5.42 percent stake in its subsidiary Quess Corp. The company said the stake sale will be carried out through an offer-for-sale route. It has fixed a floor price of Rs 800 per share. The company 29

21 November, 2017 1:22 PM Canon India appoints Gary Lee as CFO, Vice President

Imaging products and printing solutions maker Canon India today said it has appointed Gary Lee as Chief Financial Officer and Vice President of the company. Lee takes over the responsibilities from Anuj Aggarwal, who has been elevated as Vice President (Marketing) at Canon, Philippines. Under his new role, Lee will be overseeing the Finance & Taxation 29

18 November, 2017 3:14 PM L&T wins ₹8,650 crore MTHL order

Engineering giant Larsen & Toubro has bagged an order worth ₹8,650 crore from the Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of Mumbai Trans Harbour Link (MTHL) packages 01 and 03. The project involves construction of a 21.8-km bridge connecting the Mumbai mainland with Navi Mumbai, said a company statement. “Being 25

18 November, 2017 1:49 AM Safety inspections begin on metro rail route

Commissioner of Metro Rail Safety inspects Mettuguda - S.R. Nagar stretch Commissioner of Metro Rail Safety (CMRS) Ram Kirpal has begun inspection of the 10-km stretch from Mettuguda to S.R. Nagar, announced L&T Metro Rail (Hyderabad) on Friday. This is the only remaining stretch of the 30-km Nagole-Ameerpet-Miyapur route that is slated for inauguration 25

17 November, 2017 7:11 PM Digital marketing firm to foray into Canada

Digital marketing firm GenY Medium has decided to start its overseas operations from Toronto, Canada. The Hyderabad-based digital marketing firm GenY announced this on Friday, after signing an agreement, in presence of Canada Minister of International Trade François-Philippe Champagne and Telangana Indutry and IT Minister K.T.Rama Rao. The company plans 24

17 November, 2017 7:02 PM Organs Of 28-Year-Old Brain Dead Donated By Family, Save Three Lives

Formerly an Assistant Professor of architecture at a renowned institute in Gurugram, the patient was declared brain dead late on Thursday. Noida: The family of a 28-year-old man agreed to donate five of his organs; liver, corneas and both kidneys which gave a new lease of life to three people on Friday. Formerly an Assistant Professor of architecture 31

17 November, 2017 2:39 PM Walmart India recognised among 100 best companies for women

Chennai: Walmart India, the wholly owned subsidiary of Walmart Stores Inc, was recognised among the 100 Best Companies for Women in India in 2017 as per a study. The study, was conducted by AVTAR Career Group and The Working Mother Media to identify companies with the most favourable policies and practices in promoting employment, retention and increasing 33

17 November, 2017 10:25 AM Reliance General inks bancassurance agreement with YES Bank

With its large network across India, YES Bank will enable Reliance General Insurance to reach a large base of retail and MSME clients. Reliance General Insurance Company Limited (RGI), a subsidiary of Reliance Capital, has signed a comprehensive Bancassurance - Corporate Agency agreement with YES Bank with the objective to distribute multiple general 45