UK pharma giant GSK to buy US-based cancer drugmaker Nuvalent for $10.6 billion
GSK Plc agreed to buy Nuvalent Inc. in a deal valued at $10.6 billion, adding a biotech firm that’s developing treatments for lung cancer as…
SpaceX IPO fever sparks hunt for proxy plays in Asia
SpaceX’s $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to Elon Musk’s rocket company that…
Apple’s quiet evolution is all about speed, nifty upgrades and practicality
While Apple’s WWDC 26 keynote focussed on certain important evolutions, including the new Apple Intelligence suite and the Child Safety features, there must be a…
China’s oil imports plunge to eight-year low on war disruptions
China’s buying of oil from overseas slumped to the lowest in more than eight years last month, as the Iran war crimped supply and Beijing…
India’s biggest trade bet comes with six red flags
India’s free trade agreement playbook is expanding rapidly, but a new report suggests the results are becoming harder to celebrate. As New Delhi pursues trade…
Ather board to consider fresh fundraise on June 12
Electric two-wheeler maker Ather Energy‘s board will meet on June 12 to consider raising fresh capital, the company said in an exchange filing. The fundraising…
Paytm plans 10% staff increase in AI pivot, to lay off 400
Fintech pioneer Paytm is set to hire about 4,000 people over the next nine months, part of a pivot aimed at expanding its merchant network…
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business details
Quick commerce platform Zepto has disclosed in its updated draft red herring prospectus that cofounders Aadit Palicha and Kaivalya Vohra received a summons from the…
Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economy
New Delhi: Fitch Ratings on Tuesday lowered its GDP growth projections for the current fiscal to 6.4 per cent from the earlier estimate of 6.7…
Sensex jumps over 300 points at open as markets rebound after Monday’s selloff
Indian equity benchmarks opened sharply higher on Tuesday, recovering from the steep losses recorded in the previous session as investors returned to risk assets amid…