Adani Green Energy on Thursday said its subsidiary Adani Renewable Energy Middle East Ltd (AGEL UAE) has signed a joint venture agreement with Minerva Holding RSC to develop renewable energy…
Category: Companies
US market to dent India pharma earnings even as domestic growth remains firm: Report
India’s pharmaceutical sector is likely to witness steady domestic growth but continued pressure in the US market in the fourth quarter of FY26, according to a report by Nuvama Institutional…
Eli Lilly’s Mounjaro loses ground to Novo Nordisk’s semaglutide, and the slew of cheaper generics
In just 10 days after less-expensive generic versions of semaglutide entered the fray – the marketplace shows that Eli Lilly’s obesity drug Mounjaro continues to hold pole position, but has…
India’s first class action suit teeters as lead shareholder exits Jindal Poly Films case
India’s first class action suit has hit an unexpected hurdle: Ankit Jain, the lead minority shareholder in the ₹2,500-crore siphoning case against Jindal Poly Films, is looking to walk away.…
ASK Property Fund exits two realty investments for ₹400 crore
ASK Property Fund has exited two residential real estate debt investments in Mumbai and Gurgaon, collecting a combined ₹400 crore and posting double-digit returns on both deals, the fund announced.…
Uniqlo owner Fast Retailing books 29.4% rise in Q2 profit, raises forecast
The Japanese owner of clothing brand Uniqlo said on Thursday that quarterly profit rose 29.4 per cent just before the Middle East crisis roiled global markets and supply chains, and…
Nuvama-backed Ozone Overseas to raise up to ₹1,500 cr via IPO; appoints bankers
Mumbai: Nuvama-backed Ozone Overseas, which makes architectural hardware fittings, plans to raise ₹1,000-1,500 crore through an initial public offering (IPO), two people familiar with the matter said. The company has…
Japanese global cosmetic brand KOSE shares strategy with special attention to India
KOSE is an old established Japanese global cosmetic brand which has an 80-year long history. Its representative person of global business, Keita Matsunami, executive officer, disclosed the global strategy, especially…
NCLAT upholds NCLT order on distribution of funds from a resolution plan
The National Company Law Appellate Tribunal has rejected a joint petition filed by five banks – Indian Bank, UCO Bank, Bank of Baroda, ICICI Bank and Union Bank of India…
Glenmark gets USFDA nod for generic progesterone vaginal inserts
Glenmark Pharmaceuticals on Thursday said it has received final approval from the US health regulator for its generic version of progesterone vaginal inserts used in fertility treatments. The approval by…
