Category: Business

An attendant holds a petrol nozzle at a petrol pump in Siliguri. (Reuters)
Posted in Business

Indian Oil, HPCL, BPCL shares surge after premium petrol price hike| Business News

Shares of India’s oil marketing companies — Indian Oil, HPCL and BPCL — surged up to 3.5% today after an increase in premium petrol prices….

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Ozempic (AFP)
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Natco Pharma to launch generic Ozempic at 90% discount as price war begins| Business News

Natco Pharma Ltd. is set to launch the generic version of Ozempic at a price that’s 90% cheaper than the original created Novo Nordisk A/S,…

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HDFC Bank is one the largest stocks traded on India's stock exchanges. (Reuters)
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A perfect storm was brewing against HDFC Bank even before Iran war, chairman exit| Business News

Investors were betting against HDFC Bank Ltd. even before the Iran war and sudden resignation of Chairman Atanu Chakraborty, with open positions in the stock’s…

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Ozempic went viral for helping people lose weight after being introduced as a diabetes injection in 2018. (AP)
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Opinion | Why Generic Ozempic is a game changer for China and India

The simultaneous patent expiry of Ozempic’s active ingredient in China and India on Friday is a watershed moment. Until now, the revolutionary weight-loss drugs have…

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Pharmarack estimates India’s weight-loss drug market to surge from roughly  ₹1,500 crore today to  ₹8,000 crore by 2030. (Reuters)
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Indian Pharma is ready to flex generics muscle as Ozempic, Wegovy patent expires today| Business News

India’s pharma industry is ready to flex its generics muscle as the patent for a key ingredient of blockbuster weight-loss drugs expires today. Pharmarack estimates…

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Atanu Chakraborty, former part-time chairman of HDFC Bank.
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Investors scramble to make sense of HDFC chairman Atanu Chakraborty’s sudden exit

Mumbai: Investors were left scratching their heads on Thursday after the abrupt resignation of HDFC Bank chairman Atanu Chakraborty the previous night, while shares of…

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A file photo of Maruti Suzuki car plant in India. (Reuters)
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India’s auto boom at risk as Iran war chokes gas supply at car plants| Business News

India’s automakers and parts suppliers are bracing for production slowdowns and assembly-line disruptions as the Iran war chokes gas supply, threatening growth in the world’s…

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The aluminium unibody, which Nothing says is aircraft-grade, looks good and feels equally as good to hold. (Vishal Mathur | HT Photo)
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Nothing Phone (4a) Pro reflects maturity with design, performance and experience| Business News

It had been a while, and the design language is finally changing. Not that the transparent, industrial and retro-futuristic aesthetic on Nothing’s phones till now…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Reuters)
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Sensex, Nifty 50 test covid lows after fastest flight of foreign capital in ~1.5 years| Business News

India’s equity benchmarks are on track to register their worst fortnight since the covid-crash in March 2020 after foreign investors offloaded stocks at the fastest…

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Keki Mistry, interim chairman of HDFC Bank.
Posted in Business

Keki Mistry returns to steady the HDFC Bank ship in choppy waters| Business News

For Keki Mistry, it’s a return to the helm born out of sudden necessity. Doesn’t matter if it’s only for three months. The man who…

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