ABOTT
Stocks in news: Canara Bank, MCX, Urban Company, Ola Electric, Vodafone Idea
Indian markets closed higher amidst volatility, with global events like the US-Iran agreement keenly watched. Several companies, including Canara Bank and MCX, reported strong Q4 results, with MCX seeing a significant profit surge. Ola Electric's new scooter received approval, while Vodafone Idea is exploring capital infusion.
Texas Governor Greg Abbott defends abortion ban, advises rape victims to take plan B
Texas Governor Greg Abbott stood in favor of the state’s abortion ban which does not consider the crime victims as an exception. He suggested that the rape victims can choose plan B to instead of abortions, whereas, the low-income Texans do not have wide access to emergency contraception to prevent pregnancy.
China goes on defensive after Abbotts India trip to push trade deal
Abott, who was in New Delhi last week, pitched for expediting the India-Australia trade deal. And in an opinion piece published in The Australian on Monday, Abbott went on to claim that when it came to Australia's trade policy the "answer to almost every question about China is India."
Rich Indians join the global party in vaccine company stocks
“The trend of diversifying assets and hedging strategies away from home markets took off in 2014-15 and accelerated during the course of the pandemic around March and April this year,” said Nitin Shakdher, a professional institutional investor and founder of Green Capital Single Family Office.
UPI usage soars, but Paytm share sinks
Company cedes market share to Google Pay, PhonePe which registered around 300 million transactions each in July while Paytm clocked 140 million transactions.
Sebi to Buy IDBI Bank’s Mumbai building for Rs 1,000 crore
Sebi, which has a total staff strength of 780, is planning to recruit more people in the coming months. This additional building will help the regulator accommodate all its staff under one roof.

Ishant Sharma, Eoin Morgan in top base price bracket in IPL 10 auction
England allrounders Ben Stokes and Chris Woakes, Sri Lanka captain Angelo Mathews and Australian fast bowler Pat Cummins are the rest of the players in this bracket.

Delhi High Court grants interim stay on ban of Abbott’s Phensedyl
Abbott got a stay on five products in all, including codeine-based formulations and another for management of epilepsy.

Indian-Americans adopt over 2400 villages in Andhra Pradesh
Impressed by the idea of 'Smart Village-Smart Ward', several Indian-Americans have decided to adopt more than 2417 villages in AP.

Glenmark Pharma wins patent suit against Abbott; stock gains
Glenmark Pharamceuticals had filed a pre-grant opposition in September 2008 after Abott was granted a patent to Humira drug.

Cricket Australia, BCCI need to decide fate of 1st India-Australia Test: Sunil Gavaskar
Sunil Gavaskar feels the cricketers of both the teams will not be in the perfect frame of mind going into the match after Hughes' death.

Tony Abbott rules out tax hike to fund Iraq mission
The Prime Minister told reporters in Canberra that although the costs of the war were high they were still manageable.

'Indian conglomerate to begin Australia's largest ever coal development'
Abott said, "Top-quality Australian coal, will be available to power Indian households and businesses at the lowest price to consumers."

Glenmark under pressure after losing patent battle to Abbott
Shares of Glenmark Pharmaceuticals saw profit booking after the company announced that it has lost appeal to invalidate Abbott's patent for blood pressure drug TARKA.

Recruitment rises at Indian School of Business; Tech, Consulting companies biggest employers
Within technology, e-commerce companies made 81 offers constituting about 28% of the overall technology offers. Amazon, Flipkart, InMobi, Jade eServices and Myntra.com.
Adani weighs bid for some of Conocophillips Canadian oil sands assets
Adani has sought a memorandum of information from ConocoPhillips to study the assets but is still yet to take a decision if it will bid for them.
Gujarat officials clamp restriction on leading cough syrup brands
The GFDCA also got 15 chemist shops closed here that were found selling these H-scheduled drugs without prescription or were operating without a pharmacist.
Adani to raise funds from foreign banks to replace APT loan
Adani Enterprises(AE) is close to finalising a long-term project loan to the tune of around AUD 1.4 billion from a consortium of banks overseas to replace the nearly $2 billion bridge loan raised by it to acquire Abott Point terminal (APT) in Australia last year.
Piramal Healthcare to earn 17-20% returns on Vodafone investment
Piramal's latest investment in Vodafone is higher than the 2,105 crore of revenues generated by the company in the past four quarters.
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