Such a move will be positive for Indian drugmakers such as Biocon, Dr. Reddy’s Laboratories, Lupin and Sun Pharma, who have exposure to the biosimilars market in the US.
Sunteck Realty’s Dubai-based wholly-owned subsidiary inked an agreement to appoint the majority of directors on the board of its JV company and inked another one to appoint majority members on the project execution committee of a development company, thereby acquiring…
Citi has maintained its “sell” rating on the stock with a price target of ₹990. It said that the Revlimid generic-led drag will be tough to offset as Dr. Reddy’s complex pipeline is surprising negatively.
Q2 Results LIVE Updates: Over 40 companies are reporting their results on the fourth day of this earnings-heavy week. The markets will first react to results from infrastructure major Larsen & Toubro (L&T) which missed expectations due to an extended…
Backed by Peak XV Partners, Sequoia Capital, and Tiger Global, Groww is targeting a valuation of about ₹61,736 crore, which would make it larger than its listed peers like Angel One, Motilal Oswal Financial Services, 360 ONE WAM, and Nuvama…
Sensex Today | Stock Market LIVE Updates: Infra major L&T reacts to results that missed estimates due to extended monsoons, while HPCL, LIC Housing Finance, NTPC Green, PB Fintech, RailTel, United Breweries will also react to results.
A gauge tracking the region’s stocks was little changed Thursday while South Korean shares gained after striking a trade deal with the US.
Brent was little changed below $65 a barrel after a modest gain on Wednesday, while West Texas Intermediate was near $60.
OpenAI announced earlier this week that it has finished reorganising into a more conventional corporate structure, which would enable a public offering. In a recent employee share sale, the company was valued at $500 billion.
Advertising sales, which form a bulk of Meta’s revenue surpassed analyst expectations with a $50.08 billion figure, compared to $48.5 billion estimates. Meta now has 3.54 billion daily active users across its apps, also higher than the 3.5 billion estimate.