Author: GP Editor

The board of directors of Tata Capital Ltd. at their meeting held on Tuesday approved a proposal by the company to raise ₹1,504 crore via rights issue of equity shares of face value of ₹10 each of the company to existing equity shareholders of the company. The record date is February 25.The board has also approved an Initial Public Offering (IPO) of the equity shares of the company with face value of ₹10 each with a fresh issue of up to 23 crore equity shares and an offer for sale of equity shares by certain existing and eligible shareholders of the company, subject…

Martin Scorsese | Photo Credit: Evan Agostini Filmmakers Martin Scorsese, Jane Campion and Wes Anderson are among the signees of an appeal to prevent the threat that a substantial portion of Rome’s movie theatres could be converted into shopping centres and supermarkets under proposed regional legislation.Last month, asset management firms Colliers Global Investors and Wrm Capital won a Rome real estate bankruptcy auction. They bought nine movie theatres for a reported EUR50 million ($52 million), raising concerns about the future of the city’s cinemas, reported Variety. Some of these facilities, like the city’s central Cinema Adriano multiplex, are completely active,…

Anthony Russo and Joseph Russo | Photo Credit: Daniel Cole Filmmakers Anthony and Joe Russo said the shooting of the upcoming films, Avengers: Doomsday and Avengers: Secret Wars, has been going on back-to-back in London. Joe told entertainment news outlet Deadline that they have come up with a way into the story which is challenging to execute and will be equally challenging for the audience.”It’s all in London, we’re shooting them fairly back-to-back, it’s a lot of work again, we may or may not survive, we’ll see. But we’re very excited about it. We found a way into the story…

Generic injectable-focused Gland Pharma facility in Visakhapatnam has been issued three observations by the U.S. Food and Drug Administration (U.S. FDA). “The U.S. FDA conducted a pre-approval inspection (PAI) for sterile active pharmaceutical ingredients (APIs) at the company’s facility in JNPC, Visakhapatnam from February 19-25. The inspection concluded with three Form 483 observations,” Gland Pharma said in a filing on Tuesday. The observations are procedural in nature and the corrective and preventive actions will be submitted to the agency within the stipulated period. The observations issued are neither repeat observations nor related to data integrity, the company said. Published -…

Photo: Special Arrangement An active pharmaceutical ingredients (API) manufacturing facility of Dr. Reddy’s Laboratories in Hyderabad inspected last year by the United States Food and Drug Administration (U.S. FDA) has since been classified as Voluntary Action Indicated (VAI) by the agency. “The U.S. FDA has classified the inspection as VAI and concluded that the inspection is closed…,” the generic drugmaker on Tuesday (February 25, 2025) said in an update to the stock exchanges on the inspection of the API manufacturing facility (CTO-2) in Bollaram, Hyderabad.The U.S. FDA had conducted the GMP inspection from November 13-19 and issued a Form 483 with…

Order a Coke to wash down some hummus in the Israeli-occupied West Bank these days and chances are the waiter will shake his head disapprovingly — or worse, mutter “shame, shame” in Arabic — before suggesting the popular local alternative: a can of Chat Cola.Chat Cola — its red tin and sweeping white script bearing remarkable resemblance to the iconic American soft drink’s logo — has seen its products explode in popularity across the occupied West Bank in the past year as Palestinian consumers, angry at America’s steadfast support for Israel in its war against Hamas in Gaza, protest with…

After striking an $8.5-billion media merger with Walt Disney, billionaire Mukesh Ambani is targeting small businesses and promoting unconventional neuroscience studies to boost its revenues from the IPL, the world’s most valuable cricket league.The pricey broadcast rights for the Indian Premier League (IPL) and other cricketing events which cost Disney and Reliance nearly $10 billion in recent years, are set to weigh big on the merged group, which is India’s biggest entertainment giant.Battling competitors Netflix and Amazon in the $28-billion market, the Reliance-owned venture is holding a month of closed-door seminars in seven Indian cities to woo small companies to…

Inductees Dave Stewart, left, and Annie Lennox of Eurythmics pose in the press room during the Rock & Roll Hall of Fame Induction Ceremony on, November 5, 2022, at the Microsoft Theatre in Los Angeles. | Photo Credit: Richard Shotwell/Invision/AP A new album called “Is This What We Want?” features a stellar list of more than 1,000 musicians — and the sound of silence.With contributions from artists including Kate Bush, Annie Lennox, Cat Stevens and Damon Albarn, the album was released Tuesday (February 25, 2025) to protest proposed British changes to artificial intelligence laws that artists fear will erode their…

National Stock Exchange (NSE) building. File. | Photo Credit: Special Arrangement Benchmark BSE Sensex recovered 147 points in a range-bound trade on Tuesday (February 25, 2025), ending its five-day slide on the back of buying in financial and FMCG shares.The 30-share BSE benchmark Sensex climbed 147.71 points or 0.20% to settle at 74,602.12 with 17 of its constituents ending higher and 13 lower. During the day, it rallied 330.67 points or 0.44% to 74,785.08.The broader Nifty of NSE, however, fell for the sixth day slipping by 5.80 points or 0.03% to finish at 22,547.55 due to fag-end selling in pharma,…

From ‘Ekadsha Rudram’ | Photo Credit: Special Arrangement ‘Ekadsha Rudram’, a drama drama detailing the 11 Rudras, the embodiment of Mahadeva, conceptualised, produced and directed by Poornima Gururaja was recently presented by dancers Gopika Varma and Leena Sreebadra. The programme,  featuring 60 dancers from five different dance schools, was packed with varied dance and music styles, LED visuals (Vinod Gowda) and vibrant colours.The varied facets of Shiva and a few stories related to him were woven into the narrative, rendered by a sutradhar. The LED screen in the background, designed to flow with the ideas being expressed, sometimes interrupted the dancing. …