Online pharmacy firms see massive order surge in second wave – ET HealthWorld

Online pharmacy firms see massive order surge in second wave – ET HealthWorld

Driven by the second wave of the Covid-19 pandemic, India’s online pharmacy sector is once again witnessing a surge in orders for medical devices, personal protective equipment (PPE), health supplements and commonly available drugs. High caseloads in cities coupled with regional lockdowns, especially in large metros, has pushed consumers to order online than visit offline … Read more

Unlisted companies attract 97% of FDI in FY20

Unlisted companies attract 97% of FDI in FY20

Kolkata: Closely held Indian firms attracted about 97% of foreign direct investment in FY20 and had enjoyed higher overseas equity participation as compared to listed entities, Reserve Bank of India said in its annual census on foreign liabilities and assets. FDI equity of unlisted companies witnessed a 15.9% rise during the same period. This marks … Read more

Analysts upgrade FY22 earnings of large cement firms by 10-25%. Here’s why

Analysts upgrade FY22 earnings of large cement firms by 10-25%. Here’s why

This has improved the pace of execution of projects and ensured demand for cement firms. Synopsis Cement firms, in their interaction with analysts, pointed out that except Maharashtra, demand across the country has improved materially. In the beginning of October, the average cement price in the country increased 7% to Rs 350 per 50 kg … Read more