Page 1904 - Latest News
Glenmark Pharma signs $18 mn deal with Hengrui for cancer therapy drug
The agreement gives Glenmark exclusive rights to develop and commercialise cancer drug Trastuzumab Rezetecan outside China, the US, Europe, and other select markets
 "Glenmark Pharma signs $18 mn deal with Hengrui for cancer therapy drug")
4 dead as Ladakh Sixth Schedule protests turn violent; BJP office torched
The protests broke out as two of the fifteen people, who were on a 35-day hunger strike since September 10, were hospitalised after their condition deteriorated on Tuesday
 "4 dead as Ladakh Sixth Schedule protests turn violent; BJP office torched")
Anand Rathi Share and Stock Brokers IPO fully subscribed on Day Two
Anand Rathi Share and Stock Brokers on Monday announced raising a little over ₹220 crore from anchor investors
 "Anand Rathi Share and Stock Brokers IPO fully subscribed on Day Two")
Reality show to AI apps: Girish Mathrubootham spreads funding wings
Freshworks founder Girish Mathrubootham invests in Baanhem Ventures' Startup Singam and AI app-builder Rocket weeks after announcing his exit as executive chairman
 "Reality show to AI apps: Girish Mathrubootham spreads funding wings")
RBI expected to keep key interest rate at 5.50% through 2025, finds poll
The Monetary Policy Committee, which unanimously decided to hold rates in August, will maintain that call at its September 29-October 1 meeting
 "RBI expected to keep key interest rate at 5.50% through 2025, finds poll")
Jain Resource Recycling IPO receives 73% subscription on day one
The Tamil Nadu-based company's IPO has a fresh issue of equity shares aggregating to ₹500 crore and an offer for sale (OFS) valued at ₹750 crore
 "Jain Resource Recycling IPO receives 73% subscription on day one")
Market outlook: HSBC upgrades India to overweight; Kotak sees limited gains
At the bourses, meanwhile, the Nifty 50 has gained around 6.5 per cent thus far in calendar year 2025 (CY) and outrun the Nifty 500 (up 4.2 per cent)
 "Market outlook: HSBC upgrades India to overweight; Kotak sees limited gains")
Atlanta Electricals IPO garners 70.63 times subscription on final day
The initial public offer (IPO) received bids for 46,17,87,742 shares against 65,38,439 shares on offer, according to details available with the NSE
 "Atlanta Electricals IPO garners 70.63 times subscription on final day")
Hold elections by January or face consequences: SC to state bar councils
The Supreme Court on Wednesday said elections in state bar councils have to be held by January 31, 2026 keeping mind the long pendency.
 "Hold elections by January or face consequences: SC to state bar councils")
Lenders tilt towards collateral-backed lending: TransUnion report
Shift towards collateral-backed lending signals risk-conscious credit growth
 "Lenders tilt towards collateral-backed lending: TransUnion report")
Nabard raises ₹4,039 crore at 6.85% coupon, short of ₹7,000 crore target
Yields remain sticky with marquee state-owned issuers preferring shorter maturities
 "Nabard raises ₹4,039 crore at 6.85% coupon, short of ₹7,000 crore target")
Canada looks to ease tensions with India, China as minister plans visit
Canada must "ensure we have a bilateral relationship with significant economic powers in the Indo-Pacific," Anand said in an interview on the sidelines of the UNGA meetings
 "Canada looks to ease tensions with India, China as minister plans visit")
Forevermark opens 1st flagship store in Delhi, plans 100 outlets by 2030
Forevermark targets metros and tier II cities with affordable luxury focus
 "Forevermark opens 1st flagship store in Delhi, plans 100 outlets by 2030")
Investcorp sells 6.8% stake in NDR InvIT via ₹305 crore block trade
Investcorp has divested a 6.8 per cent stake in NDR InvIT through a Rs 305 crore block deal, the largest secondary stake sale in the warehousing InvIT sector
 "Investcorp sells 6.8% stake in NDR InvIT via ₹305 crore block trade")
Flipkart reports 21% rise in user visits during Big Billion Days sale
Flipkart's Big Billion Days sale recorded 21 per cent growth in visits, 26 per cent surge in premium demand and strong Cleartrip bookings as festive shopping gained pace
 "Flipkart reports 21% rise in user visits during Big Billion Days sale")
French court orders Sanofi to pay $177 mn for anti-competitive behaviour
Sanofi said it is currently analysing the grounds of the ruling and reserves the right to file an appeal before the French Supreme Court
 "French court orders Sanofi to pay $177 mn for anti-competitive behaviour")
Hold 140% more wheat in buffer at start of season: Flour millers urge govt
Flour millers want wheat buffer stocks raised to 18 million tonnes, urge free exports, GST relief on flour and warn of delayed sowing in Punjab due to floods
 "Hold 140% more wheat in buffer at start of season: Flour millers urge govt")
Anand Piramal to become chairman of Piramal Finance after merger
Anand Piramal will chair Piramal Finance with Jairam Sridharan as MD and CEO after NCLT approves merger with Piramal Enterprises, effective from the record date
 "Anand Piramal to become chairman of Piramal Finance after merger")
Social media can't be left in anarchic freedom: K'taka HC quashes X's plea
The Karnataka HC dismissed X's plea against the Sahyog portal, calling it a public-good mechanism, noting that social media cannot be left in unregulated
 "Social media can't be left in anarchic freedom: K'taka HC quashes X's plea")
Asia Cup 2025 Super 4: IND vs BAN pitch report, highest score, Dubai stats
The Dubai International Cricket Stadium has hosted 115 T20 matches, where chasing teams have had a slight edge with 61 wins compared to 54 victories for sides batting first
