Novo Nordisk on Tuesday cut the prices of its diabetes and weight-loss drugs Ozempic and Wegovy by as much as 36% and 48% in India, its second such move, to fend off competition from local drugmakers’ cheaper generics. Ozempic’s and
The potential offer comes amid a cooling IPO market, in which big offers have failed to generate listing gains for selling shareholders since January. Source link
A key mistake would be continuing to rely on provisions of the Income-Tax Act, 1961, where the new law now applies, and vice versa. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. Key
India’s industrial production surged by 5.2 per cent in February, primarily propelled by a robust performance in the manufacturing sector, signalling positive momentum for the nation’s economic landscape. Photograph: Amit Dave/Reuters Key Points India’s industrial production grew by 5.2 per
Former HDFC Bank chairman Atanu Chakraborty reveals that his resignation was prompted by concerns over the misselling of AT-1 bonds and the bank’s overall underperformance, shedding light on governance and ethical considerations. IMAGE: Atanu Chakraborty, former non-executive chairman, HDFC Bank.
‘When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind
Solarworld Energy Solutions Limited has secured two orders worth about ₹283 crore for Battery Energy Storage System (BESS) Engineering, Procurement and Construction (EPC) projects from NTPC Limited, the company said in a regulatory filing on Monday, March 30. The contracts
Stock market crash: The Magnificent 7 stocks in India — those commanding the highest weightage in the flagship Nifty 50 index — have seen a sharp drawdown of up to 7.5% in just two trading sessions as investors remain risk-averse
Finance Minister Nirmala Sitharaman has affirmed that the Insolvency and Bankruptcy Code (IBC) is a pivotal force in enhancing the health of India’s banking sector and significantly improving the recovery of non-performing assets. Illustration: Dominic Xavier/Rediff Key Points Finance Minister
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns. Key Points HDFC Bank’s non-executive chairman Atanu Chakraborty and CEO Sashidhar Jagdishan were involved in a power struggle according to the
