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The company offers a comprehensive range of diagnostics services to doctors, patients and consumers. Some of its key consumer-centric features are GPS-enabled temperature–controlled sample movement, smart reports, NABL accreditation of each laboratory, trend report analysis, and live home collection booking and tracking.

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"We are confident of addressing and resolving the issues to the satisfaction of USFDA. We remain committed to building a quality culture across our entire manufacturing network, and are committed to remain compliant with high standards of good manufacturing practices across our network," Zydus Lifesciences said.

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Bharti Airtel acquired a stake in Avaada to comply with regulatory requirements for captive power plants under the provisions of Electricity Act 2003 and Indian Electricity Rules 2005 and procurement of cost-effective renewable energy, the company said in a regulatory filing on Wednesday.

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In 2016, lenders had attempted to sell the company to a strategic buyer by converting its debt into 51% equity under the then prevailing strategic debt restructuring scheme approved by the Reserve Bank of India.

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Gold prices were set for a second weekly gain as talks between Russia and Ukraine made little apparent progress, although bullion saw a dip on Friday as elevated U.S. Treasury yields on the back of inflation data assuaged its safe-haven appeal. Spot gold was down 0.2% at $1,992.94 per ounce, as of 0203 GMT. U.S. gold futures were flat at $2,000.10.

Asian shares extended a global slump on Friday after the fastest U.S. inflation in four decades and a hawkish European Central Bank (ECB) bolstered expectations for more aggressive rate hikes, hammering sentiment already stung by the Ukraine war.

HDFC Asset Management Company Ltd., incorporated in the year 1999, is a Large Cap company (having a market cap of Rs 46250.88 Crore) operating in Financial Services sector.

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With a view to promote long term infrastructure finance in India, IIFCL after a span of eight years has raised funds from the domestic market through privately placed Non-Convertible Debt Securities for an amount of Rs 500 crore with a greenshoe option of Rs 1,000 crore, the company said in a statement.

Parag Parikh Flexi Cap Fund will reopen for transactions from next week, informed Rajeev Thakkar, CIO & Director of PPFAS Mutual Fund.

Rivian, other startups and legacy automakers such as Ford Motor Co and General Motors Co face tough competition from market leader Tesla Inc as they aim to start delivering more electric vehicles in the near future.

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