Lupin launches Prucalopride Tablets in US market
Prucalopride Tablets are bioequivalent to Motegrity Tablets, 1 mg and 2 mg, of Takeda Pharmaceuticals U.S.A. Inc., and indicated for the treatment of chronic idiopathic constipation (CIC) in adults.
Prucalopride Tablets, 1 mg, and 2 mg (RLD Motegrity) had estimated annual sales of USD 184 million in the U.S. (IQVIA MAT April 2025).
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Time of India
7 hours ago
- Time of India
EaseMyTrip board approved three acquisitions to strengthen strategic presence
Academy Empower your mind, elevate your skills EaseMyTrip, one of India's leading travel-tech platforms, has announced three strategic acquisitions to strengthen its end-to-end travel capabilities across both international and domestic markets, according to a company company has:(a) approved acquisition of a 50% stake in Three Falcons Notting Hill Limited for its London's premium property, Three Falcons Hotel, through a secondary investment(b) approved acquisition of a 100% stake in AB Finance Private Limited for acquiring its premium commercial asset property in Gurugram, India at the upmarket Golf Course Road, through a secondary investment, and,(c) In-principally approved making a strategic investment in the proposed acquisitions to be done through share swap arrangement, EaseMyTrip will mark its entry into the international hospitality space with an investment in Three Falcons Hotel, a luxury boutique hotel located in the prestigious St John's Wood area of London, near Lord's cricket to cater to both business and leisure travelers, the hotel will facilitate EaseMyTrip to deliver experiential hospitality in one of the world's most influential tourism markets. The move comes at a time when the global hospitality industry, currently valued at USD 5.71 trillion, is projected to reach USD 7.23 trillion by 2029, presenting substantial growth other proposed acquisition of AB Finance will add a key asset to EaseMyTrip's domestic portfolio. Located at a prominent corporate corridor at the Golf Course Road, Sector 53, Gurugram, the commercial property is projected to support EaseMyTrip's expanding operations. It will offer the flexibility to accommodate EaseMyTrip's future business requirements, including office infrastructure expansion, as EaseMyTrip continues to scale its presence across in-principle approval to invest in VBIL, which is inter alia engaged in entertainment and real estate business activities is a strategic investment move of the to a company release, all the proposed strategic investments will be subject to obtaining relevant board and shareholders' approval, and other regulatory approval(s) as may be on the development, Nishant Pitti, Chairman & Founder, EaseMyTrip, said, "Our growth strategy has always centered around long-term thinking, measured decisions, and brand-aligned diversification. The proposed acquisition of the London property will give us the opportunity to explore synergies in hospitality at a global destination, while the Gurgaon property will strengthen our operational backbone as we scale. With these strategic moves, we aim to create unique, engaging, and memorable experiences for travelers while building value for the future."According to a company release, EaseMyTrip's proposed acquisitions broadens its presence across strategically aligned sectors that complement its core travel business. By investing in high-potential assets in hospitality and infrastructure, the company is building a stronger, more diversified ecosystem that enhances customer engagement at every stage of their journey. This approach is reinforcing EaseMyTrip's mission to deliver end-to-end experience-driven travel solutions for Indian and global audiences.
Economic Times
7 hours ago
- Economic Times
EaseMyTrip board approved three acquisitions to strengthen strategic presence
ANI EaseMyTrip Board approved three acquisitions to strengthen strategic presence EaseMyTrip, one of India's leading travel-tech platforms, has announced three strategic acquisitions to strengthen its end-to-end travel capabilities across both international and domestic markets, according to a company release. The company has: (a) approved acquisition of a 50% stake in Three Falcons Notting Hill Limited for its London's premium property, Three Falcons Hotel, through a secondary investment (b) approved acquisition of a 100% stake in AB Finance Private Limited for acquiring its premium commercial asset property in Gurugram, India at the upmarket Golf Course Road, through a secondary investment, and, (c) In-principally approved making a strategic investment in the proposed acquisitions to be done through share swap arrangement, EaseMyTrip will mark its entry into the international hospitality space with an investment in Three Falcons Hotel, a luxury boutique hotel located in the prestigious St John's Wood area of London, near Lord's cricket to cater to both business and leisure travelers, the hotel will facilitate EaseMyTrip to deliver experiential hospitality in one of the world's most influential tourism markets. The move comes at a time when the global hospitality industry, currently valued at USD 5.71 trillion, is projected to reach USD 7.23 trillion by 2029, presenting substantial growth other proposed acquisition of AB Finance will add a key asset to EaseMyTrip's domestic portfolio. Located at a prominent corporate corridor at the Golf Course Road, Sector 53, Gurugram, the commercial property is projected to support EaseMyTrip's expanding operations. It will offer the flexibility to accommodate EaseMyTrip's future business requirements, including office infrastructure expansion, as EaseMyTrip continues to scale its presence across in-principle approval to invest in VBIL, which is inter alia engaged in entertainment and real estate business activities is a strategic investment move of the to a company release, all the proposed strategic investments will be subject to obtaining relevant board and shareholders' approval, and other regulatory approval(s) as may be required. Commenting on the development, Nishant Pitti, Chairman & Founder, EaseMyTrip, said, "Our growth strategy has always centered around long-term thinking, measured decisions, and brand-aligned diversification. The proposed acquisition of the London property will give us the opportunity to explore synergies in hospitality at a global destination, while the Gurgaon property will strengthen our operational backbone as we scale. With these strategic moves, we aim to create unique, engaging, and memorable experiences for travelers while building value for the future."According to a company release, EaseMyTrip's proposed acquisitions broadens its presence across strategically aligned sectors that complement its core travel business. By investing in high-potential assets in hospitality and infrastructure, the company is building a stronger, more diversified ecosystem that enhances customer engagement at every stage of their journey. This approach is reinforcing EaseMyTrip's mission to deliver end-to-end experience-driven travel solutions for Indian and global audiences. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Tariffs, tantrums, and tech: How Trump's trade drama is keeping Indian IT on tenterhooks Good, bad, ugly: How will higher ethanol in petrol play out for you? As big fat Indian wedding slims to budget, Manyavar loses lustre As 50% US tariff looms, 6 key steps that can safeguard Indian economy Stock Radar: JSPL forms Ascending Triangle pattern on weekly charts, could hit fresh 52-week high soon Nifty and business are different species: 5 small-cap stocks from different sectors with upside potential of up to 30% F&O Radar | Deploy Bear Put Spread in Nifty to play index's negative stance amid volatility Wealth creation: Look beyond the obvious in some things; 10 fertilizer sector companies worth watching
NDTV
8 hours ago
- NDTV
South Korea Is Offering A Workation Visa For Indians But There's A Catch
If you have ever dreamed of sipping coffee in Seoul while sending emails to your boss back in India, South Korea's F-1-D Workation Visa - also called the Digital Nomad Visa - might just be your ticket. Launched on 1 January 2024, as a pilot project, this visa allows remote workers to live in South Korea for up to two years while working for companies based outside the country. The catch? It's not for everyone - the eligibility rules and income requirements are strict. But if you meet them, you could spend the next year (or two) working from the Land of the Morning Calm. The Digital Nomad Visa The F-1-D visa is issued for 1 year initially and can be extended once for another year, allowing a maximum stay of 2 years. The processing time is around 10-15 days, although in some cases it can take a little longer. Applicants need to show an annual income exceeding USD 66,000 (roughly Rs 58 lakh) - which is about twice South Korea's per capita Gross National Income. The Eligibility To apply for the digital nomad visa, you've to be: Be at least 18 years old Have at least 1 year of experience in your current industry Be employed by a company outside South Korea or own an overseas business Only work remotely - you cannot take up employment with a South Korean company or do profit-making activities in the country Have your employer's approval to work remotely from overseas Medical insurance is mandatory and must cover at least Rs 83 lakh for medical treatment and repatriation. The cover must be valid for your entire visa period. Documents Needed For Indian Applicants If you are applying from India, you'll need: Visa application form (Form No. 17) with passport photo Passport with at least 6 months validity Employment verification letter stating your role is remote, for at least 3 months in South Korea Proof of income - at least two of the following: employment certificate, salary slips, 3 months' bank statements, Income Tax Return, or pay stubs Indian criminal record certificate (issued within 6 months, apostilled or notarised by the Korean Embassy) Criminal records from any other country you've lived in for 1+ years in the past 5 years Medical insurance certificate meeting the coverage criteria Where And How To Apply Indians can apply at South Korean embassies or consulates in New Delhi, Mumbai, Chennai, or Kolkata. If you are already in South Korea on a tourist visa (B-1, B-2, or C-3), you can apply at local immigration offices. Here's a step-by-step process: 1. Check eligibility - income, age, work type, and experience 2. Gather and translate documents into English or Korean; apostille Indian documents 3. Schedule an appointment at the nearest Korean embassy/consulate (some accept walk-ins) 4. Submit the application with the visa fee (around USD 45) - your passport will be held during processing 5. Wait for processing (10-15 days, no express service) 6. Once approved, enter South Korea within the visa validity and apply for an Alien Registration Card (ARC) within 90 days Btw, spouses and children under 18 can join you. You'll need marriage and birth certificates (apostilled if issued outside Korea) along with company or school letters confirming work or leave arrangements. Remember, The F-1-D visa does not lead to permanent residency in South Korea. Once your 2-year period ends, you must leave or switch to another eligible visa category. Bottomline For well-earning Indian professionals and entrepreneurs who want to experience life in South Korea without giving up their existing jobs, the Workation Visa is a golden opportunity. The high income threshold will keep it exclusive, but for those who qualify, it's a chance to blend work and travel in one of Asia's most dynamic destinations.
