India’s young space startups find themselves in an unlikely Goldilocks zone, as the US-Iran war is driving a surge in demand for space-based surveillance data. Despite strategic sensitivities, stakeholders believe…
Category: Companies
In a shifting world, this is India’s leadership moment, says McKinsey global chief
In a world repeatedly reshaped by shocks—from covid and the Russia-Ukraine conflict to trade wars and the latest energy disruption linked to the West Asia war—resilience is at a premium.…
Exodus, revenue strain cloud Birlasoft CEO’s Angan Guha’s turnaround plan
Half a dozen senior-level exits and the possibility of a second straight full-year revenue decline have put the spotlight on the efficacy of a turnaround at Birlasoft Ltd under its…
Ex-Centerview Banker Gets Deal to End US Insider-Trading Case
Federal prosecutors have reached a settlement to eventually drop criminal charges against a former Centerview Partners LLC investment banker who was accused of participating in an international insider-trading ring and…
Emami to acquire 100% stake in Axiom Ayurveda, maker of Alofrut flavoured drink: Here are the details
is set to acquire the remaining 73% stake in Axiom Ayurveda, the parent company of flavoured drink brand Alofrut, bringing its total ownership to 100%. The fast-moving consumer goods (FMCG)…
Emcure cuts semaglutide injection price by 55%; Abbott to act as well
Emcure Pharmaceuticals has reduced the price on its starting dose of obesity drug Poviztra (semaglutide injection) by 55 per cent, starting tomorrow (April 3). It has a partnership with innovator…
TVS Venu Group to acquire PGIM’s India asset management unit
TVS Venu Group has agreed to acquire the Indian mutual fund and alternates business from global asset manager PGIM. Sudarshan Venu-led group has entered into definitive agreements, through TVS Venu…
Libas moves to break marketplace dependence with retail, quick commerce push
D2C fast fashion brand Libas is pivoting from a marketplace-heavy model to an omnichannel play, targeting a near 50:50 split as it scales to 150 stores over the next two…
Sathlokhar Synergys E&C Global bags fresh orders worth ₹125 cr
, a leading EPC player, has started the new financial year on a strong note with fresh order inflow of ₹125 crore from reputed clients. The company also expects to…
Cyrus Poonawalla buys Ravi Varma painting for ₹167 crore: Check Serum Institute founder’s net worth, assets
Ever since Raja Ravi Varma’s painting, , was sold for a whopping ₹167.2 crore (approximately $18 million) on 1 April, the record art sale has been making headlines. While many…