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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Israel, GCC trade pact talks lose steam, UK FTA likely to be implemented by May
Posted in Economy

Israel, GCC trade pact talks lose steam, UK FTA likely to be implemented by May

The proposed free trade agreement (FTA) with the UK, signed on July 2025, is likely to be implemented by early May with both sides “sorting…

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Exporters Heave Sigh of RELIEF, Get ₹497cr Cushion for Shipments
Posted in Economy

India rolls out ₹497 crore RELIEF scheme to support exporters amid West Asia conflict

New Delhi: India on Thursday rolled out a ₹497 crore export support package to cushion shipments hit by disruptions from the West Asia conflict, offering…

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Posted in Economy

Agro insolvencies see surge in deal activity

Mumbai: Strategic buyers and investors are eyeing distressed agro industries and ancillary companies, attracted by the prospect of acquiring processing facilities, established supply chains and…

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Posted in Economy

Food security and agriculture issues top India’s agenda at WTO meet

New Delhi: India will push for a long-pending permanent solution on public stockholding for food security and a special safeguard mechanism against sudden import surges…

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A file photo of Maruti Suzuki car plant in India. (Reuters)
Posted in Business

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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Posted in Economy

India to pitch for strengthening WTO at upcoming ministerial: Officials

New Delhi: India will push for further strengthening of the WTO at the upcoming ministerial meeting in Cameroon so that it can play an important…

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