Wakefit cuts IPO size, sets price band for a valuation of up to ₹6,000 crore| Business News

Wakefit Innovations Ltd. has reduced the size and declared the price band for its IPO for a valuation of up to ₹6,000 crore. Wakefit is a mattress and home furnishings company in India. (Unsplash) On offer in the Wakefit IPO are new shares worth ₹377 crore—as against ₹468 crore planned earlier—alongwith an offer-for-sale of 4.67 […]

India’s retail inflation rate falls to a record low of 0.25% in October 2025 after GST rate cuts| Business News

India’s retail inflation rate fell to its lowest on record in October 2025 due to a sharp drop in food inflation and GST rate cuts. Vegetable prices declined 27.57% after a 21.38% fall a month ago. (ANI) The consumer price index — a measure of India’s retail inflation — rose 0.25% from a year earlier, […]

Novo Nordisk cuts Wegovy price in India by up to 37% in rivalry with Eli Lilly’s Mounjaro| Business News

Novo Nordisk A/S has cut the prices its weight-loss drug Wegovy by up to 37% in India, as the Danish drugmaker looks to hold its own against Eli Lilly & Co.’s Mounjaro in a country that’s home to the third largest obesity population in the world. Novo Nordisk will sell Poviztra 2.4 mg semaglutide injection […]