Novo Nordisk, Emcure to launch WeGovy weight-loss drug under new brand in India| Business News
After Eli Lilly, Novo Nordisk has teamed up with an Indian partner to market its weight-loss drug under a new brand name in the world’s…
Goldman Sachs turns ‘overweight’ on Indian stocks as growth outlook improves| Business News
Goldman Sachs Group Inc. has turned overweight on Indian stocks, expecting government policies and improving corporate earnings to help the nation’s $5.4 trillion market catch…
Ola Electric says LG Energy fears market-share loss in India due to its 4680 Bharat Cell| Business News
Ola Electric Mobility Ltd. has claimed that its homegrown 4680 Bharat Cell and, consequently, the prospect of client loss in India is forcing South Korea’s…
After a sellout IPO, Lenskart makes weak debut on bourses amid valuation concerns
Omnichannel eyewear retailer Lenskart listed on Indian stock exchanges at a slight discount from its issue price of Rs 402 per share on Monday. The…
Lenskart share price drops over 10% in tepid listing over valuation concerns| Business News
Lenskart Solutions Ltd. listed at a discount today, underscoring the investor concerns over the pricey valuations of India’s largest eyewear retailer. “We didn’t build Lenskart…
Lenskart set for muted listing today as The Great Valuation Debate heats up| Business News
The grey market premium for shares of Lenskart Solutions Ltd. has crashed to zero ahead of listing today, even as Peyush Bansal said he didn’t…
Groww IPO charges up new deal activities in wealthtech startups
With wealthtech startup Groww, the largest stock broker in India, going public, private market investment sentiments are turning buoyant. A bunch of investment deals are…
India mulls easing barriers between SEZs-local market to allow freer flow of goods & services
New Delhi: India is considering lowering the barriers between its multiple dedicated export zones and the domestic market to allow freer flow of goods and…
CII proposes sovereign finance platform for long-term growth
The Confederation of Indian Industry (CII) has proposed the creation of a sovereign-backed financing platform that can help achieve long-term growth ambitions of Asia’s second-biggest…
Toll policy may see a revamp after 30 years
New Delhi: India has proposed revisiting its three-decade-old tolling principles, which form the basis of user fee rates across all national highways, to put in…