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CVR GROUP
Novo Nordisk to acquire Akero Therapeutics for $4.7 billion — Akero stock jumps 20%, Novo Nordisk stock falls, here’s all about the dealAkero Therapeutics stock surged nearly 20% today. Novo Nordisk announced it will acquire Akero for $4.7 billion in cash. The deal values Ak...- 36 seconds to disaster: ‘Mayday’ call may reveal why AI171 crashed in AhmedabadInvestigators have recovered both black boxes from the Air India flight AI171 crash in Ahmedabad, offering new leads into the fatal inciden...
- Sanofi buys US biopharma group Blueprint in $9.1 billion dealSanofi is set to acquire Blueprint Medicines for $9.1 billion, strengthening its immunology portfolio with the addition of Ayvakit/Ayvakyt,...
- Watsa’s Fairfax keen to hold on to stake in CSBPromoters of CSB Bank, the Fairfax Group owned by Canadian billionaire Prem Watsa, would like to hold onto their 51% stake in the bank for ...
- Adani Ports and SEZ completes acquisition of Krishnapatnam Port Co for Rs 12,000 croreThe company acquired controlling stake of 75 per cent in India's second largest private sector port and said the acquisition will accelerat...
- Veteran banker Pralay Mondal heads to Prem Watsa’s CSB Bank as PresidentET has reported on June 15, that Pralay Mondal had quit Axis Bank merely a year after joining as its retail head. Sources indicated that Mo...
- Adani Ports to acquire 75% stake in Krishnapatnam Port CompanyThe Gautam Adani-led company will buy a 75% stake in KPCL at an enterprise value of Rs 13,572 crore after prolonged talks to obtain the all...
- CSB to focus on expanding gold loans and SME vertical: CVR RajendranFairfax's shareholding in Catholic Syrian Bank will come down from 50.09% to 49.74% after IPO.
- InCred, Aion, Warburg vie for CSB stakeThe 97-year-old bank is held by Bangkok-based Indian businessman Surachan Chansri Chawla along with a few high net worth individuals and so...
- Why Donald Trump has become stock markets' most interesting personA Twitter post from the President-elect signaling support for beefing up America’s nuclear arsenal sent shares in uranium miners surging.
- AMFI to discuss risk management report in board meetingSebi had issued a set of risk management guidelines for all the fund houses in 2002 itself. Still, the regulator wants to revisit those gui...
- Amfi panel opposes non-compete fee to Max GroupAs per the draft, the share swap ratio of the merger implies a valuation of Rs 22,600 crore for Max Life for minority shareholders.
- Krishnapatnam Power Corporation in pact to build 2,780 mw power units in Andhra PradeshThe ambitious project is expected to create direct and indirect employment opportunities for around 1,500 people.
- Krishnapatnam Port to finish land buys for smart city in six monthsThe whole smart city was initially supposed to comprise 12,000 acres but the government later expanded the plan to make it a 14,000 acre pr...
- Krishnapatnam Port signs MoU with Andhra, Petrogas for LNG projectKrishnapatnam Port Company has inked a pact with Petrogas Pvt Ltd and the Andhra Pradesh government to set up an LNG regassification termin...
- Navayuga Power in talks with Toshiba, Sumitomo, Mitsubishi & GDF Suez to sell power stakeNavayuga Power is talking with global giants to sell stake ranging from substantial minority of 49 per cent to a majority stake of 51 per c...
- Eyeing logistics business, Krishnapatnam Port joins hands with automakers like Volvo, Isuzu MotorsThe flagship concern of the CVR group, the seaport located in Nellore district of southern Andhra Pradesh, plans to attract major automaker...
- Krishnapatnam Port pins hopes on coal imports for growthKrishnapatnam Port expects nearly 50% growth in its revenues this fiscal thanks to spurt in import of coal for thermal power units.
- Andhra Bank CMD opens 2,000th branch at Lotos LandmarkThe Andhra Bank's 2000th branch was inaugurated by its Chairman and Managing Director CVR Rajendran here today, at Lotos Landmark.
- Krishnapatnam Port begins operations; to invest $2 billion in 2nd phaseKrishnapatnam Port, whose container terminal began operations today, will be investing $2 billion in the next six years to ramp up capaciti...
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