Wockhardt Stock Rises 9% Following CDSCO Approval of Innovative Antibiotic Zaynich in India
Shares of Wockhardt Ltd. surged by more than 9% on Friday, May 29, following the announcement that the Central Drugs Standard Control…
Crude Oil Prices Decline as US-Iran ‘Truce’ Continues; Brent Faces Largest Monthly Drop Since 2020
After a tentative agreement was reached between the US and Iran to extend a truce for 60 days, allowing shipments through the Strait of Hormuz…
Anthropic achieves a $965 billion valuation following a $65 billion fundraising round.
On Thursday, May 28, Anthropic announced that it raised $65 billion, achieving a post-money valuation of $965 billion. This funding is aimed…
HBL Engineering Secures ₹1,714-Crore Kavach Contract from Chittaranjan Locomotive
HBL Engineering Ltd reported that it has received an acceptance letter from Chittaranjan Locomotive Works (CLW) for the supply, installation,…
Indoco Remedies Secures EU GMP Certification for Its Baddi OSD Facility in Himachal Pradesh
Indoco Remedies Ltd announced on Thursday (May 28) that its Oral Solid Dosage manufacturing facility located in Baddi, Himachal Pradesh, has…
Bajaj Finserv Introduces Finserv Intelligence, Aiming to Invest Up to ₹2,000 Crore Over Five Years
Financial services leader Bajaj Finserv has unveiled ‘Finserv Intelligence’, a comprehensive research and innovation initiative dedicated to…
Swiggy falls short of approval requirement for board changes just a week after highlighting governance efforts.
Food delivery and quick commerce company Swiggy Ltd’s proposed changes to the articles of association did not receive the necessary…
Ather Energy Launches New Subsidiary, Ather Insurance, to Venture into the Insurance Sector
Ather Energy Ltd, a maker of electric two-wheelers, announced on Wednesday (May 27) that it has established a wholly owned subsidiary called…
American Airlines aims to increase its workforce at its Indian tech hub, according to sources.
American Airlines Group, a US carrier, aims to increase its workforce at its technology hub in India to approximately 800 by early next year,…
RITES and Crisil Partner to Create Data-Driven Infrastructure Consulting Solutions
On Wednesday (May 27), RITES Ltd, a consultancy and engineering firm specializing in transport infrastructure, announced that it has entered…