Category: Business
Torrent Pharma eyes India’s biggest bond issue of FY26 to fund JB Chemicals acquisition| Business News
Torrent Pharmaceuticals Ltd. is said to proceed with its plan to raise funds in India’s biggest bond issue so far this year, after the Competition…
Lenskart IPO gets ₹90-crore nod of approval from DMart’s Radhakishan Damani| Business News
Radhakishan Damani, billionaire investor and founder of Avenue Supermarts Ltd. (DMart) has invested about ₹90 crore in Lenskart Solutions Pvt. Ltd. ahead of an IPO,…
Domestic flights up by 3.4% during upcoming winter schedule: DGCA| Business News
India’s domestic aviation sector is likely to see 26,495 flights in operation per week during the upcoming Winter Schedule 2025 (WS25), reflecting a 3.4% rise…
Deepinder Goyal invests $25 mn in Continue Research to explore human longevity| Business News
Deepinder Goyal—the billionaire founder of Eternal Ltd.—has invested $25 million of his own money in his health venture Continue Research that explores human longevity in…
Why Eli Lilly chose Cipla to market Mounjaro under a new brand name for India| Business News
Cipla Ltd. has signed a deal with Eli Lilly & Co. India Pvt. Ltd. to market the blockbuster weight-loss drug Mounjaro under a new brand…
MTR Foods maker Orkla India sets IPO price band for up to ₹10,000-crore valuation| Business News
Orkla India Ltd. has announced the price band for its ₹1,667.54-crore IPO for a valuation of up to ₹10,000 crore. Norway’s Orkla ASA entered India…
Reddit vs Perplexity, and the scourge of ‘data laundering’ in an AI slop world| Business News
Reddit Inc. has sued Perplexity AI Inc. for “industrial-scale data laundering”, as AI firms increasingly scrape websites—often without permission—for original content to train their large…
India set to curtail Russian oil imports after new US sanctions on Rosneft, Lukoil: Report| Business News
India is set to curtail its Russian oil imports to comply with new US sanctions on two top Moscow-backed producers, Reuters reported on Thursday citing…
How Perplexity AI CEO Aravind Srinivas secured funding using his own product| Business News
Aravind Srinivas has never made a “traditional” pitch deck to raise funding for Perplexity AI. Why bother, when he has his own product to do…
Revenue grows in single digits as GST rate cuts disrupt supply chains| Business News
Hindustan Unilever Ltd. has reported financials for the fiscal second quarter that show the initial impact of GST 2.0 on its supply chains. HUL expects…