Ahmedabad (Gujarat) [India], September 27 (ANI): Torrent Pharmaceuticals Limited (Torrent Pharma) on Tuesday said it has entered into definitive agreements to acquire 100 per cent stake in Curatio Healthcare for Rs 2,000 crore.

New Delhi Jan 26 PTI A 42-year-old man who allegedly cheated a vehicle finance company to the tune of over Rs 218 crore was arrested three years after he went into hiding police said on Wednesday They said a case was registered against the accused Pramod Singh a resident of Gurugram in 2018 following a complaint by the finance company According to the police Singh initially borrowed Rs 275 lakh from the firm to purchase a Mercedes Benz car and paid the initial installments After gaining the financers trust he took four more loans and continued to pay the installments for some time only to abruptly stop them later Police said some officials in the transport department were hand in gloves with Singh According to the complainant Singh owes the firm Rs 21834853 He was absconding for the last three years and non-bailable warrants were issued against him He was arrested from Gurugram recently after a long chase and surveillance Chhaya Sharma Joint Commissioner of Police Economic Offences Wing said It is also alleged that the accused removed the name of the complainant company as financier from registration certificates of the vehicles by forging the documents despite the vehicles being hypothecated and financed by the complainant company she said The officer said Singh purchased five Mercedes cars over three years and all of them were financed by the same firm She said some officials in the transport department got the hypothecated status of the vehicles deleted from the records after which he could fraudulently sell the cars to second-hand car dealers Hypothecation is the practice of pledging an asset cars in this case to the financer while applying for a loan The financer keeps the asset as collateral until the dues are cleared Such vehicles cannot be sold without a No Objection Certificate from the lender Police said Singh was running a business of providing transportation services to call centres in Gurugram and hence owned a fleet of luxury cars However he suffered losses as several call centres were shut down and hence forged the vehicle documents in order to recover his money PTI AMP CJ CJ

New Delhi Jan 26 PTI The price of Covishield and Covaxin the Covid vaccines which are expected to soon get regular market approval from Indias drug regulator is likely to be capped at Rs 275 per dose plus an additional service charge of Rs 150 official sources saidAccording to them the National Pharmaceutical Pricing Authority NPPA has been directed to start working towards capping the price to make the vaccines affordableAs of now Covaxin is priced at Rs 1200 per dose while Covishield costs Rs 780 in private facilities The prices include Rs 150 service charge Both the vaccines are only authorised for emergency use in the countryAn Subject Expert Committee on COVID-19 of the Central Drugs Standard Control Organisation on January 19 recommended granting regular market approval to Covid vaccines Covishield and Covaxin for use in the adult population subject to certain conditionsThe NPPA has been asked to work towards capping the price of the vaccines The price is likely to be capped at Rs 275 per dose along withan additional service charge of Rs 150 an official source saidPrakash Kumar Singh the director government and regulatory affairs at Serum Institue of India had submitted an application to the Drugs Controller General of India on October 25 seeking regular market approval for its Covishiled vaccineA couple of weeks ago V Krishna Mohan the whole-time director at Bharat Biotech submitted complete information on the chemistry manufacturing and controls along with the pre-clinical and clinical data while seeking regular market authorisation for CovaxinCovaxin and Covishield were granted Emergency Use Authorisation EUA on January 3 last year PTI PLB NSD

Jaipur Jan 20 PTI Rajasthan Chief Minister Ashok Gehlot on Thursday inaugurated and laid foundation stones of projects worth around Rs 275 crore in Barmer and sought the Centres help for the oil refinery project there Addressing an event Gehlot said his government never stopped development works of the previous regime and they will cooperate with the Centre for the development of the state He appealed to the Centre for requisite cooperation in setting up the oil refinery in Barmer according to a statement Gehlot also thanked the Centre for giving approval to open a millet research centre in Barmer The chief minister said the state government has given land to 1022 families ending the 15-year wait of the displaced who were rendered homeless during severe floods in Barmer in 2006 The chief minister said earlier no one had imagined that a refinery and power plants could be set up in the Thar desert but now it has become a reality PTI AG RDK RDK

Noida Nov 18 PTI Contractors and builders were slapped with penalties worth Rs 10 lakh in Greater Noida on Thursday for causing pollution while fines of Rs 275 lakh were imposed in Noida over violation of construction norms officials said Altogether 13 contractors and builders were issued penalties by the Greater Noida Industrial Development Authority GNIDA they saidThe penalities were slapped as all sorts of construction has been banned for four days due to high level of pollution in Greater Noida A total of 13 such offenders were issued fines totalling Rs 10 lakh on Wednesday and Thursday the GNIDA said GNIDA CEO Narendra Bhooshan has appealed to city residents to support in tackling pollution by not burning waste increasing plantation and ensuring proper waste management The Noida Authority said it issued similar penalties in 22 cases worth Rs 275 lakh in the cityThe penalties were levied for violation of pollution-related guidelines in NCR it said in a statement PTI KIS KJ

Pune : The Income Tax Department has detected undisclosed income of Rs 275 crore by conducting raids at different places in Maharashtra, Andhra Pradesh and Telangana. The Central Board of Direct Taxes (CBDT) on Tuesday claimed that the Income Tax Department has detected undisclosed income of over Rs 200 crore in raids at a Pune-based business group manufacturing heavy machinery like mining machines and cranes. Under this, raids were conducted on November 11 at 25 places in seven cities.

Pune : The Income Tax Department has detected undisclosed income of Rs 275 crore by conducting raids at different places in Maharashtra, Andhra Pradesh and Telangana. The Central Board of Direct Taxes (CBDT) on Tuesday claimed that the Income Tax Department has detected undisclosed income of over Rs 200 crore in raids at a Pune-based business group manufacturing heavy machinery like mining machines and cranes. Under this, raids were conducted on November 11 at 25 places in seven cities.

Pune : The Income Tax Department has detected undisclosed income of Rs 275 crore by conducting raids at different places in Maharashtra, Andhra Pradesh and Telangana. The Central Board of Direct Taxes (CBDT) on Tuesday claimed that the Income Tax Department has detected undisclosed income of over Rs 200 crore in raids at a Pune-based business group manufacturing heavy machinery like mining machines and cranes. Under this, raids were conducted on November 11 at 25 places in seven cities.

New Delhi Oct 17 PTI Congress leader Rahul Gandhi on Sunday took a dig at the government over the increasing prices of petrol and diesel alleging that there was destruction for all and development of rising pricesTagging a media report which claimed that if the government had not hiked taxes petrol would have been Rs 66 per litre and diesel would have been Rs 55 per litre Gandhi alleged that the government was indulging in tax extortionSabka vinash mehengaai ka vikas destruction for all development of rising prices Gandhi tweeted in Hindi using the hashtag TaxExtortionPetrol and diesel prices on Sunday were hiked again by 35 paise a litre The fourth straight day of 35 paise per litre hike sent petrol and diesel rates to record highs across the countryThe price of petrol in Delhi rose to its highest-ever level of Rs 10584 a litre and Rs 11177 per litre in Mumbai according to a price notification of state-owned fuel retailers In Mumbai diesel now comes for Rs 10252 a litre while in Delhi it costs Rs 9457 Congress general secretary Priyanka Gandhi Vadra also attacked the government over rising prices saying the BJP has hiked NPK fertiliser price by Rs 275 and NP fertiliser price by Rs 20With daily hikes the government has made the diesel prices cross Rs 100 Under the BJP rule workers and farmers are reeling under the burden of rising prices while only Modis friends are getting richer she said in a tweet in Hindi PTI ASK RHL