Dr Reddy’s Laboratories Ltd. is planning to launch a generic version of Ozempic in March after Novo Nordisk AS’s patent for the drug expires. That would make the Indian drugmaker one of the first firms to capture the gold rush for the weight-loss drug in the diabetes capital of the world. Dr Reddy’s launch of […]
With India’s senior population projected to rise sharply, elderly care has emerged as a key focus area, prompting developers to roll out luxury senior living projects in Gurugram. Several players, including Pioneer Urban and DLF, have launched or are expected to introduce such offerings, driven by the Haryana government’s Retirement Homes policy. The shift towards […]
The Securities and Exchange Board of India is set to issue an approval for the long awaited NSE IPO, thereby clearing the decks for the country’s largest stock market to list on the exchanges. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The approval could come as early as this month. “We […]
AHMEDABAD: The Indian AI Research Organisation (IAIRO) will be established in Gujarat’s GIFT City through a public-private partnership among the Gujarat government, the Union government, and the Indian Pharmaceutical Alliance, the state government said in a statement. Gujarat Chief Minister Bhupendra Patel (@BJP4Gujarat) Chief minister Bhupendra Patel granted in-principle approval for the project on Tuesday […]
Mexico’s decision to raise tariffs on India is set to impact $1 billion car exports from the world’s third largest car market, including those by Volkswagen Group AG and Hyundai Motor Co., despite the industry lobbying against such a move. Škoda Auto Volkswagen India Pvt. Ltd., a wholly owned subsidiary of Germany’s Volkswagen Group, accounts […]
The Delhi Development Authority (DDA) is preparing to float tenders for a four-storey “house-boat convention centre” which people can book in order to host meetings, conferences and dining events, officials aware of the plan said on Thursday. Located at Baansera, the convention centre will feature intricate handmade woodwork. (HT photo) The “convention facility” is being […]
Helsinki: The European space technology firm, ReOrbit, founded by India-born Swedish citizen Sethu Saveda Suvanam, is all set to scale up its operations globally with one key expansion region being India, the company said. The development comes after ReOrbit bagged €45 million in the largest all-equity Series A round in Finland. ReOrbit founder and CEO […]
The opening of Noida International Airport is expected to further accelerate momentum in the city’s office leasing market. Between January and September 2025, Noida recorded 3.3 million sq ft of gross leasing, with activity projected to reach 4.7 million sq ft by year-end, a report by Cushman & Wakefield has said. The opening of Noida […]
Meesho Ltd. is seeking a valuation of about ₹53,000 crore (about $6 billion) in its IPO scheduled for early December, joining a growing list of firms tapping into India’s booming IPO market. Meesho generated ₹1,032 crore in free cash flow in the fiscal ended 31 March 2025—the highest among listed e-commerce firms in India. (AI […]
Mahindra & Mahindra Ltd. and Manulife have agreed to set up a life insurance joint venture in India, five years after they got together to sell mutual funds in the world’s fourth largest stock market. Mahindra Group CEO Anish Shah. Mahindra and Manulife have committed to invest ₹3,600 crore each in the life-insurance JV, with […]
