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Posted in Economy

Amid Middle East war-related supply disruptions, govt emphasis on improving logistics ecosystem

New Delhi: With the West Asia conflict disrupting the global supply chain, the government has given maximum emphasis on improving the logistics ecosystem of the…

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Ozempic (AFP)
Posted in Business

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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India notifies Income Tax Rules, 2026: What's in it
Posted in Economy

India notifies Income Tax Rules, 2026: What’s in it

Separately, taxpayers will now be required to disclose their relationship with the landlord in Form 124. The HRA exemption will continue to be calculated as…

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HDFC Bank is one the largest stocks traded on India's stock exchanges. (Reuters)
Posted in Business

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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‘Trade flows are returning to India, but markets remain unintegrated’: Glazyev calls for Russia-India financial integration

Mumbai: Gas Machines Group Chairman and President of Birex Investment Company Eduard Grekov has highlighted growing investor interest between Russia and India, calling for stronger…

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Ozempic went viral for helping people lose weight after being introduced as a diabetes injection in 2018. (AP)
Posted in Business

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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Ola Electric reallocates IPO proceeds again, diverts Rs 575 crore from R&D to debt, growth
Posted in Startups

Ola Electric reallocates IPO proceeds again, diverts Rs 575 crore from R&D to debt, growth

Beleaguered electric two-wheeler maker Ola Electric Mobility Limited has made a fresh revision in the utilisation of its Rs 5,500 crore initial public offering (IPO)…

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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)
Posted in Business

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.
Posted in Business

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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AI startup Yotta seeks $4 billion valuation ahead of planned IPO
Posted in Startups

AI startup Yotta seeks $4 billion valuation ahead of planned IPO

Yotta Data Services Pvt., the data center operator that runs India’s largest cluster of Nvidia Corp. AI processors, is seeking to raise fresh capital at…

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