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Vedanta set to split into five listed companies next month: Report

According to Chairman Anil Agarwal, the combined market capitalisation of the five companies would be much higher than the conglomerate's current $27 billion

Insilico Medicine secures $2.75 billion drug collaboration with Eli Lilly

Pharmaceutical companies are increasingly turning to AI to accelerate R&D, betting on new modelling tools and automated labs to unlock efficiency gains across their pipeline

West Asia war: Govt relaxes kerosene norms to tackle energy supply issues

The Ministry said that the measures would enable the ad-hoc distribution of kerosene to households for cooking and lighting in 21 states and federal territories

EPL to merge with Indorama-backed Indovida in $2 billion packaging deal

The merged group will combine EPL's packaging operations with Indovida's plastic portfolio

Iran warns US over ground attack as regional powers meet in Pakistan

Washington has dispatched thousands of Marines to the West Asia, with the first of two contingents arriving on Friday aboard an amphibious assault ship, the US military has said

WTO talks near deal on reform roadmap amid US-India ecommerce deadlock

The talks ​at a WTO meeting in Cameroon include efforts to bridge differences between the US and ‌India over extending the e-commerce moratorium, which is due to expire this month

Bahrain's Alba assesses damage after Iranian strikes on aluminium plants

Two employees at Aluminium Bahrain were hurt in Saturday's attack, the state-controlled company said, while regional peer Emirates Global Aluminium's site sustained significant damage

Pentagon preparing for weeks of ground operations in Iran: Report

Trump administration has deployed US Marines to the West Asia as the war in Iran stretches into its fifth week, and also has been planning to send thousands of soldiers from the US Army's 82nd Airbase

WTO members try to close gap between US, India on ecomm tariff moratorium

India signalled it may drop its ​opposition to an extension of the ecommerce moratorium - which is due to expire this month - and allow ​a two-year prolongation at the World Trade Organisation meeting

India warns of growth risks from Middle East conflict as energy costs rise

This is raising concerns over inflation and growth in ‌India, the government review said

India signals shift on e-commerce tariff moratorium, resists US push

Business leaders say an extension is critical to guarantee predictability, fearing duties could be introduced if the agreement lapses

Maersk halts operations at Oman's Salalah port due to security incident

All Maersk crew were safe and accounted for, and no company cargo or vessels were affected, the shipping giant said in a statement

RBI curbs on rupee positions may force unwinding of arbitrage bets

The rupee has hit a string of all-time lows and is down about 4.2 per cent this month, its worst decline in over seven years, sliding to 94.84 versus the US dollar on Friday

Marco Rubio says US can achieve Iran objectives without ground troops

Rubio said recent deployments of thousands more troops to the region were intended to give Trump options to respond to contingencies in the conflict, but declined to go into operational details

Foreign investors flee Indian assets at record pace on oil shock

Foreign investors have sold a net $12.14 billion worth of Indian shares since the war began on February 28, marking the biggest monthly outflow on record

Stocks resume slide as Donald Trump extension fails to calm markets

US Treasury yields hit highest since July as bonds fall

Govt relaxes rules for some state firms to procure key equipment from China

Under the relaxation of the rules, India's largest state-run power equipment maker Bharat Heavy Electricals can procure 21 types of critical equipment from China, the government order said

DOJ confirms Iran-linked hackers breached FBI director's Kash Patel's email

On their website, the hacker group Handala Hack Team said Patel "will now find his name among the list of successfully hacked victims"

India's sub-sovereign borrowing costs top 8%, highest since July 2022

Indian states raised around 400 billion rupees ($4.22 billion) earlier in the day, of which 180 billion rupees, or 45% of the amount, was raised at cutoff yields ranging between 8.00% and 8.09%

Oil up 2.5% but set for first weekly decline since start of Iran war

Brent crude futures rose by $2.73, or 2.53%, to $110.74 a barrel by 1257 GMT. U.S. West Texas Intermediate futures were up $2.39, or 2.53%, at $96.87