Page 24 - Sohini Das

Luxury cars, electric vehicles hit fast lane in the South as demand rises

In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23

Distributed manufacturing may become the future trend: Pharma Inc

Volumes need to be high to justify relocation of manufacturing; strategic decisions cannot be based on current tariff structure

Mankind Pharma sets sights on Novo Nordisk's anti-obesity drug Semaglutide

The firm is focusing on specialty chronic therapies like immunotherapy, antibody-drug conjugates, and gene therapy drugs, besides peptides like Glucagon-like peptide-1 (GLP-1)

Tesla must price India models competitively as buzz around entry grows

Tesla has also ended its true low-cost Model 2 efforts a year ago, shifting its focus to robotaxi and robotics plans

Creditors greenlight two-wheeler maker KTM AG debt restructuring plan

KTM AG filed for court restructuring proceedings with self-administration on November 29, 2024

Venus Remedies to co-develop antibiotic resistance blocker with UK firm

Clinical trials to start next year, and drug can be in market by 2031-32

Biological E teams with Danish vax firm to give Chikungunya jabs to LMICs

The manufacturing agreement is to provide Chikungunya Vaccine to low-and middle-income countries

Our farm machinery sales to hit Rs 1,000 cr in FY25: M&M's Hemant Sikka

We are clearly seeing this macro trend play out over the last 15-20 years

KKR picks up 54% stake in cancer hospital chain HCG for Rs 3,465 crore

PE firm to make open offer to buy additional 26% for Rs 1,600 cr

Tesla entry not a major threat to electric vehicle OEMs, says CLSA

Even if Tesla launches a BEV at $25,000, CLSA feels that features and specifications would be 'meaningfully compromised' compared to its traditional models

Tesla's hunt for a factory site in India takes it to Andhra Pradesh

State has likely offered pre-acquired land at three potential locations

Kinetic's EV component biz will be up to Rs 1.5K cr in 4 years: Firodia

Firodia talked about his plans for the EV-components business, and the components business at large for the group

Trump admin moots 25% tariffs on auto, pharma, semiconductor imports

US risks shortages as India dominates generics space; automakers see muted pain

EV giant Tesla likely to open first showroom in India, begins hiring

Carmaker may enter Mumbai, NCR markets

Global pharma eyes India's obesity mkt, but weight-loss drugs face hurdles

These drugs belong to a class known as glucagon-like peptide receptor agonists (GLP-1RAs), which mimic a natural hormone that helps regulate blood sugar and appetite

Indian companies take a cautious stance on US reciprocal tariff moves

India exported about $6.79 bn worth of auto parts to US in 2023-24. Overall auto component exports stood at $21.2 bn, while imports from US were $1.63 bn of total $20.9 bn in auto component imports

Pharma stocks plunge amid tariff concerns, but analysts see limited impact

Pharma stocks fell on Friday on concerns of tariff on imports

Carlyle combines India's Highway, Roop to build global auto parts platform

New entity will have a portfolio of more than 1,500 products, clients in 17 countries

Auto exports jump 40% in Jan; domestic dispatches in PVs, 2Ws remain flat

On the export front, car exports saw nearly a 13 per cent drop year-on-year (Y-o-Y), while utility vehicle (UV) exports went up by around 61.5 per cent in January

Chemists' association seeks meeting with NPPA over price display issue

The NPPA, in an office memorandum (OM) dated February 4, had directed medicine retailers as well as online pharmacies to "conspicuously" display current drug price list