Business updates

Business updates

Opinion | Why Generic Ozempic is a game changer for China and India

Even if the weight-loss drugs are a game changer, they are not a silver bullet to tackle the obesity problem in China and India.>

Indian Pharma is ready to flex generics muscle as Ozempic, Wegovy patent expires today

Sun Pharma to Dr Reddy's and Lupin are gearing up to launch over 50 brands that will compete with Ozempic, Wegovy and Mounjaro at half the price.>

Investors scramble to make sense of HDFC chairman’s sudden exit

HDFC Bank CEO Sashidhar Jagdishan says Atanu Chakraborty was persuaded to stay on as chairman, or at least soften the language used in his resignation letter.>

India's auto boom at risk as Iran war chokes gas supply at car plants

Maruti Suzuki to Tata Motors and Mahindra, as well as their parts suppliers, are staring at a production loss as govt diverts gas supply to households.>

Nothing Phone (4a) Pro reflects maturity with design, performance and experience

Foundations for Nothing’s newest phone include a sharper design, consistent performance and usability elements that seem to be growing into its ambition>

Sensex sheds ~2,500 points, Nifty 50 sheds 3.25% in biggest single-day fall in ~2 years

FPIs have pulled out ₹52,704 crore from India's stock market over the past fortnight, dragging Nifty 50 down 8.1% for the worst market crash since March 2020.>

Keki Mistry returns to steady the HDFC Bank ship amid choppy waters

Keki Mistry has to assure HDFC Bank investors that “practices and happenings” referenced by Atanu Chakraborty are isolated and not systemic cracks.>

Apple Is Way Behind in AI—and Still Making a Fortune From It

The iPhone maker’s AI revenue is set to top $1 billion this year, reassuring investors who are wary of the sky-high spending of its rivals.>

RBI says no material concerns on record about HDFC Bank after top-level churn

HDFC Bank is a systemically important bank with sound financials and a competent management team, RBI says.>

All in well at HDFC Bank, Keki Mistry says after sudden exit of Atanu Chakraborty

HDFC Bank's share price slid 8.7% after part-time chairman Atanu Chakraborty resigned over “values and ethics”, even as veteran Keki Mistry took interim charge.>

Credits : HTimes