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Sun Pharma to buy Organon for $12B with bank loans
Sun Pharmaceutical Industries Ltd. has secured a short-term loan to finance its $12 billion purchase of healthcare company Organon & Co.
India's fertilizer subsidy to rise 20% amid West Asia conflict
India's fertiliser subsidy bill may rise by 20% this financial year due to increased global prices amid the West Asia crisis.
Sun Pharma to buy U.S.-based Organon for $11.75 billion
If the $11.75 billion acquisition deal with Sun Pharma is terminated, US drugmaker Organon & Co has agreed to pay a termination fee of $120 million.
Sun Pharma to buy Organon for ₹1,175cr, India's 2nd-biggest buyout
Indian companies have made significant global strides with major outbound deals, from Tata Steel's Corus acquisition to Sun Pharma's recent Organon takeover.
India, New Zealand sign free trade deal in New Delhi
Prime Minister Narendra Modi hailed the signing of the India-New Zealand Free Trade Agreement (FTA) as a "landmark moment", predicting it will stimulate growth and job creation.
Bengaluru to host Future of Knowledge Work Summit on AI
The Future of Knowledge Work Summit 2026 in Bengaluru will explore AI-driven, human-machine collaboration in enterprise work. The event aims to provide actionable insights on implementing AI at scale.
Eli Lilly announces Ajax Therapeutics acquisition for up to $2.3B
Eli Lilly is set to purchase blood cancer treatment developer Ajax Therapeutics for up to $2.3 billion, aiming to advance a new oral treatment for myelofibrosis.
Wealthy Indian families creating constitutions as younger members seek voice
Wealthy Indian families are increasingly drafting 'family constitutions' to govern wealth and social decisions, reflecting a shift in family business operations.
Vedanta completes ₹35L and ₹15L payouts after Raigarh boiler explosion
Vedanta Power has completed compensation payments to families affected by a boiler-related incident at its Raigarh district power plant in Chhattisgarh.
Tata AIA launches 'Shubh Health Criti' covering 60+ critical illnesses
Tata AIA Life Insurance has introduced Shubh Health Criti, a unit-linked insurance plan offering coverage for over 60 critical illnesses and market-linked health fund growth.
NVIDIA signs 10-year Bagmane Capital Bengaluru lease for AI R&D
Nvidia's Indian subsidiary has leased a 760,000 sq ft office in Bengaluru's Bagmane Capital, reflecting the tech giant's expansion of its AI research and development in India.
Meta partners with Overview Energy to beam solar from space
Meta has signed an agreement with startup Overview Energy to power its data centers using infrared light beamed from satellites to solar farms during nighttime.
Why MakeMyTrip has joined hands with Adani Airport Holdings
Adani Airport Holdings Limited and MakeMyTrip have joined forces to launch a new online duty-free, pre-booking service for international travelers.
Infrastructure bonds: All about this investment option
Investing in Indian infrastructure bonds can be a smart move for those looking to diversify their portfolio.
Iran tensions push ingredient costs up as much as 22%
Escalating tensions in West Asia are disrupting supply chains, leading to a significant increase in the cost of summer treats like ice creams and chocolates.
Sun Pharma buying Organon $11.75B, largest Indian pharma acquisition
Sun Pharma's chairperson, Dilip Shanghvi, assures swift repayment of a nearly $10 billion debt following the company's largest-ever acquisition, the Organon megadeal.
Your ice creams could get costlier this summer: Here's why
The ongoing conflict in West Asia is disrupting supply chains and pushing up the prices of key ingredients like dry fruits and nuts. These are essential for flavoring a wide range of ice creams and chocolates.
SBI Cards net profit rises 14% to 609cr this quarter
SBI Cards and Payment Services recorded a 14% year-on-year increase in net profit for Q4 FY26, while revenue from operations rose by 6%.
RBI approves MobiKwik NBFC license as stock jumps over 15%
MobiKwik shares surged over 15% after the Reserve Bank of India approved its application for a Non-Banking Financial Company license, bolstering its lending business.
8th Pay Commission consults on pay, pensions; final decisions awaited
The 8th Central Pay Commission (CPC) is currently in a critical phase of consultations and discussions.
Visa names Suresh Sethi group country manager India South Asia
Visa has appointed Suresh Sethi as the new Group Country Manager for India and South Asia. He will oversee operations across six countries from his base in Mumbai.
Porsche to sell stakes in Bugatti Rimac and Rimac Group
Porsche has agreed to sell its 45% stake in Bugatti Rimac and 20.6% share in Rimac Group to a consortium led by HOF Capital.
China tells Meta to abandon $2B AI firm Manus acquisition
China has halted Meta Platforms Inc.'s $2 billion acquisition of AI firm Manus, intensifying its oversight of key AI companies post this transaction.
Indian government takes major step for jewelry sector
The Indian government has expanded the SEZ Rules, 2006, to include jewelry in Free Trade Warehousing Zones (FTWZ).
Supreme Industries' quarterly net profit rises 46% to ₹382cr
Supreme Industries Limited announced a 46% year-on-year increase in its Q4 net profit, reaching ₹382 crore. This sharp turnaround was reported on Monday.
Eli Lilly bets on blood cancer drugs with $2.3B deal
Eli Lilly, a leading pharmaceutical company, has announced its plan to acquire Ajax Therapeutics for up to $2.3 billion in cash.
US budget airlines seek $2.5B bailout amid fuel crisis
A group of US-based budget airlines, including Avelo Airlines and Frontier Airlines, are seeking $2.5 billion in federal financial aid, according to The Wall Street Journal.
Otto Sales AI scores $500,000 at SaaStock USA Austin event
Otto Sales AI has secured a $500,000 investment after winning the SaaStock USA 2026 Global Pitch Competition, marking a significant milestone for the startup.
Elon Musk sues OpenAI in Oakland over alleged mission drift
Elon Musk is suing OpenAI, accusing it of deviating from its founding mission and misleading him about its long-term intentions, seeking $134 billion in damages.
MIC Electronics climbs 3% after Q4, revenue ₹51cr, loss ₹18.35cr
MIC Electronics shares climbed 3% after announcing a Q4FY26 net loss, yet showing strong operational performance and increased revenue.
How Ganga Expressway could reshape Uttar Pradesh's economy
Prime Minister Narendra Modi will inaugurate the Ganga Expressway on April 29.
Some companies now spend more on AI than on employees
Corporations are spending more on deploying artificial intelligence (AI) models than on their employees' salaries, as costs for AI tools surge.
How Trump's 123% duty will hurt India's solar industry
The United States has moved to impose a hefty 123.04% preliminary anti-dumping duty on solar cell and module imports from India.
'Come back home': Zoho founder calls on Indians in US
Sridhar Vembu, the founder of Zoho, has urged Indians living in the US to consider returning home.
MobiKwik gets RBI approval to launch NBFC, shares jump 14.02%
MobiKwik has secured a non-banking financial company (NBFC) license from the Reserve Bank of India, paving the way for its own lending business.
MobiKwik bags RBI nod for NBFC license: Why it matters
Fintech giant MobiKwik has received approval for a non-banking financial company (NBFC) license from the Reserve Bank of India (RBI).
India Cements Q4 EBITDA ₹153cr, shares jump up to 13%
India Cements Ltd. shares jumped 13% on Monday, April 27, after a robust Q4FY26 performance and successful integration with UltraTech.
MCX, NSE get SEBI nod for 100cr each coal exchange
BSE has decided against launching a coal exchange, focusing instead on derivatives and cash market trades, while MCX and NSE receive SEBI approval.
JioHotstar hits ₹31,000cr revenue on sports, ads boom
Reliance Industries' media business, JioHotstar, has witnessed a massive surge in its financial performance for the fiscal year 2025-26.
Kissht IPO opens April 30, aims to raise ₹930cr
Digital lending platform Kissht has announced its initial public offering (IPO) on April 30.
Why Meta's $2B Manus acquisition has been blocked by China
China has blocked US tech giant Meta's acquisition of Chinese artificial intelligence (AI) start-up Manus.
You can order from Amazon Now in 100 Indian cities
Amazon has announced the expansion of its ultra-fast delivery service, Amazon Now, to 100 cities in India.
Why UBS downgraded IndiGo's stock from 'buy' to 'neutral'
UBS has downgraded IndiGo parent InterGlobe Aviation's stock rating from "buy" to "neutral," and reduced its target price from ₹5,480 to ₹4,940. The move comes amid rising challenges in the aviation sector.
You can soon ride SkyHop Aviation's seaplane in India
SkyHop Aviation has received the Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA), paving the way for commercial seaplane services in India.
Bitcoin hits 3-month high today: Here we decode why
Bitcoin continued its slow climb toward the $80,000 mark today.
AI is impacting entry-level job market, says ex-Meta executive
Clara Shih, a former executive at Meta and Salesforce, has warned that artificial intelligence (AI) is making it harder for new graduates to find jobs.
Anthropic opened a Bengaluru office in early 2026 while hiring engineers
Anthropic is hiring extensively in India, even as its CEO, Dario Amodei, warns that AI could soon replace many software engineering jobs.
Amazon India expands now to 100 cities with 1,000+ centers
Amazon India plans to extend its ultra-fast delivery service, Amazon Now, to 100 cities, supported by over 1,000 micro-fulfilment centres.
Axis Bank cuts 3,100 jobs even as branch expansion accelerates
Axis Bank has announced a reduction of its workforce by 3,100 employees over the last one year.
India, New Zealand finally ink a free trade agreement
India and New Zealand have signed a landmark Free Trade Agreement (FTA), marking a major milestone in their economic relationship.
India mulls ₹2.5L/cr credit plan for airlines and exporters
The Indian government is reportedly preparing a targeted financial support package for sectors severely affected by the US-Iran war trade disruptions.
RBL Bank shares drop 5% despite Q4 ₹230cr profit tripling
Despite a three-fold increase in Q4 net profit, RBL Bank shares fell by 5% due to weakened margins and moderate growth in operating profit.
Acko heads for IPO with $2.5B valuation goal
Acko, a leading insurance start-up based in Bengaluru, has appointed ICICI Securities, Morgan Stanley and Kotak Securities as the book-running lead managers for its initial public offering (IPO).
AI deal changes slow Indian IT revenue growth fiscal 2026
Despite adding more high-value clients, India's top IT firms saw muted revenue growth in FY26 as AI-led efficiencies compressed deal values and extended execution timelines.
Apple is giving John Ternus a strong start as CEO
Apple's John Ternus will officially take over as the tech giant's new CEO on September 1, 2026.
LTTS to hire 500 in 6 months amid AI demand
L&T Technology Services (LTTS) is shifting from a pyramid to an 'Eiffel Tower' workforce model, focusing on skills-heavy hiring to accommodate the increasing role of AI in engineering.
US asserts influence in global energy markets after boosting exports
The Iran war has propelled the U.S. to surpass OPEC as the world's leading energy superpower, leveraging its vast oil reserves and export capabilities.
IDBI Bank privatization review meeting set for April 27 2026
The privatisation of IDBI Bank, one of India's longest bank privatisation efforts, is set to undergo a high-level review following a fresh valuation exercise.
Gold, silver rates decline amid strong dollar, oil price surge
Gold and silver prices have started the week on a low note. The decline is mainly due to a strong US dollar and rising crude oil prices.
Acko plans ₹20,750cr IPO with new and secondary shares
Acko, an insurtech firm, has selected ICICI Securities, Morgan Stanley, and Kotak Securities as lead managers for its upcoming initial public offering (IPO).
How RBI's latest steps have affected India's fintech firms
The Reserve Bank of India (RBI) has announced a series of regulatory changes that could significantly impact the country's fintech ecosystem.
Instant home services apps bag 10M monthly users in India
India's instant home services industry has crossed a major milestone, hitting over 10 million monthly active users (MAUs).
Indian government bonds see decline today: What's the reason?
Indian government bonds witnessed a decline today after the United States called off its planned talks with Iran.
Why SEBI has conducted search and seizure operations across India
The Securities and Exchange Board of India (SEBI) has conducted extensive search and seizure operations in connection with a suspected stock manipulation network.
You can buy this home in exchange of Anthropic shares
A unique property in Mill Valley, California, is on the market with an unusual condition.
SkyHop Aviation cleared to launch India's 1st commercial seaplane service
SkyHop Aviation has secured its Air Operator Certificate from the Directorate General of Civil Aviation, paving the way for India's first commercial seaplane services.
IDBI Bank to announce Q4 and FY26 results April 30
IDBI Bank's board of directors will convene on April 30, 2026, to discuss and approve the bank's financial results for the quarter ending March 31, 2026.
Paytm shares fall 6% after RBI cancels bank licence
Shares of One97 Communications, the parent company of Paytm, plummeted over 6% in early trade today.
Starship headlines SpaceX's bid for a possible $2 trillion IPO
SpaceX's upcoming record-breaking IPO is underpinned by its fully reusable rocket, Starship, which significantly reduces costs to reach space.
India-New Zealand FTA explained: Zero tariffs, $20B investment, 5,000 visas
India and New Zealand are set to sign a Free Trade Agreement (FTA) today at Bharat Mandapam in New Delhi.
Will Apple adopt Microsoft-like early retirement strategy for senior employees?
Microsoft's recent announcement of a voluntary employee buyout has sparked interest.
Hindustan Zinc Q4 fiscal 2026 profits jump 68% to ₹5,033cr
Hindustan Zinc shares rose nearly 5% following a 68% YoY Q4 profit increase and the announcement of an interim dividend.
Elon Musk and Sam Altman in court over OpenAI control
Elon Musk and Sam Altman are embroiled in a high-stakes legal battle that could determine the future of artificial intelligence company, OpenAI.
Sensex gains over 600 points: What's behind today's rally?
The Indian stock market witnessed a major surge on Monday, with the Sensex gaining over 600 points to trade above 77,300, while Nifty rose over 200 points, rising above the 24,100 mark.
India's RBI cancels Paytm Payments Bank license over compliance issues
The Reserve Bank of India (RBI) has introduced a series of regulatory changes impacting India's fintech startups, particularly in payments, wallets, cards, and lending.
India's instant home services apps reach 10 million monthly users
India's instant home services sector surpasses 10 million monthly active users, indicating a surge in the adoption of app-based domestic help among urban consumers.
Oil prices surge to $108 amid stalled US-Iran peace talks
Oil prices have surged by nearly 2% today, amid stalled US-Iran peace talks and continued restrictions on shipments through the crucial Strait of Hormuz. The developments have heightened fears of a global supply squeeze.
Sun Pharma to buy U.S.-based Organon for $11.75bn in cash
Sun Pharmaceutical Industries is set to acquire US-based Organon & Co for $11.75 billion, a move that will strengthen its presence in the US amidst changing pharma policies.
Bitcoin hits 12-week high $79,488 after Iran suggests Hormuz reopening
Bitcoin climbed towards $80,000, a 12-week high, amid optimism over a potential US-Iran deal to reopen the Strait of Hormuz.
BSE revamps website for better user experience: Check what's new
The Bombay Stock Exchange (BSE) has launched a revamped version of its website, with an aim to enhance user experience.
Why are China's factories booming despite US-Iran war risks?
China's industrial enterprises witnessed a significant jump in their earnings in March, with profits rising by 15.8% year-on-year.
Indian rupee falls to ₹94.27 amid global safe haven demand
The Indian rupee depreciated by 11 paise to 94.27 against the US dollar in early trade on Monday, influenced by persistent dollar demand and a shift toward safe-haven assets.
Iran Saudi conflict disrupts PCB supply after petrochemical plant attack
The ongoing conflict in the Middle East has disrupted the supply of raw materials for printed circuit boards, leading to increased costs for tech companies.
Government's top secretaries to revisit IDBI Bank sale April 27
The core group of secretaries on disinvestment is set to review the strategic sale of IDBI Bank today, following a fresh valuation after earlier bids fell short.
Indian rupee opens at 94.25 despite $100 Brent, U.S.-Iran concerns
The rupee remained steady at 94.25 against the dollar on April 27, as escalating Brent crude prices and a deadlock in US-Iran peace talks influenced market sentiment.
Sensex at 77,044 as Nifty tops 24,000 on global gains
Despite geopolitical concerns and high crude oil prices, Sensex and Nifty opened with significant gains on Monday, reflecting positive global cues.
Sun Pharma's biggest-ever $11.75bn Organon & Co. deal lifts markets
The S&P BSE Sensex and NSE Nifty50 indices experienced nearly a 1% jump in early trading, while Sun Pharma's shares surged by 5% following a significant acquisition announcement.
RBI cancels Paytm Payments Bank license, One97 Communications loses ₹6,000cr
Paytm's share price dropped 8% after the Reserve Bank of India (RBI) cancelled the license of Paytm Payments Bank, raising questions for investors.
Indian rupee starts Monday at 94.23 per US dollar
The Indian rupee opened slightly stronger on Monday, April 27, despite ongoing pressures from high oil prices and weak capital flows.
Indian government considering ₹5,000cr ECLGS lifeline as jet fuel spikes
The Indian government is reportedly planning a ₹5,000 crore relief package for financially stressed airlines under the Emergency Credit Line Guarantee Scheme (ECLGS).
India's 10-year yield hits 6.97% after government raised ₹32,000 cr
India's 10-year government bond yield edged higher in opening trade on April 27, influenced by domestic supply and global cues.
Goldman Sachs raises Brent to $90 per barrel late 2026
Goldman Sachs has raised its oil-price predictions due to the ongoing closure of the Strait of Hormuz, causing significant inventory draws.
Google to build $15bn AI data center in Visakhapatnam
Andhra Pradesh Chief Minister, N Chandrababu Naidu, will lay the foundation for a $15 billion Google AI data centre in Visakhapatnam on April 28.
Alembic Pharmaceuticals gets FDA approval for fingolimod generic, 237th ANDA
Alembic Pharmaceuticals' shares are expected to be in the spotlight after receiving USFDA approval for its Fingolimod capsules, a treatment for multiple sclerosis.
Asian stocks upbeat with Nikkei record high despite U.S.-Iran tensions
Despite ongoing US-Iran uncertainties, Japan's Nikkei 225 and South Korea's Kospi hit record highs on Monday. However, Australia’s S&P/ASX 200 saw a slight decline.
Brent oil rises above $107 after U.S.-Iran talks stalled
Oil prices hit a three-week high due to prolonged U.S.-Iran peace talk disruptions, while Asian shares showed mixed responses.
Adani Green to invest ₹42,000cr in FY27 adding nearly 5GW
Adani Green Energy Limited (AGEL) is planning to invest around ₹42,000 crore in FY27 to add nearly 5 GW of clean energy capacity.
RateGain Travel Technologies wins ET Corporate Excellence Emerging Company award
RateGain Travel Technologies, an AI-driven digital solutions provider, has won the Emerging Company of the Year at the ET Awards due to its significant post-pandemic growth.
HCL and Foxconn choose Taiwan's CTCI for ₹3,706cr UP plant
HCL-Foxconn joint venture has selected Taiwanese firm CTCI as the EPC partner for its upcoming semiconductor facility in Uttar Pradesh.
Capital-A launches 2nd fund after raising ₹160cr, aims for ₹300cr
Capital-A, a venture capital firm, has secured the first close of its second fund at Rs 160 crore, targeting manufacturing and deeptech startups.
JioMart moves to 2-hour deliveries using over 3,100 physical stores
Reliance Retail is leveraging its physical stores to boost JioMart's quick-commerce business, offering two-hour deliveries and challenging competitors like Blinkit and Zepto.
AI squeezes billing rates across India's largest IT companies
Top Indian IT firms, including Tata Consultancy Services and Infosys, admit concerns over artificial intelligence (AI) leading to revenue erosion.
Oil prices rise after Iran-linked closure of Strait of Hormuz
Oil prices have risen due to the ongoing closure of the crucial Strait of Hormuz and stalled peace talks over the Iran war.
Gold slips 0.6% amid U.S.-Iran tensions to $4,680 per ounce
Gold prices fell by 0.6% as attempts to restart peace talks between the US and Iran faltered, further impacting global markets and inflation risks.
India mulls ₹5,000cr emergency credit for domestic airlines and jobs
The Indian government is contemplating various relief measures, including a Rs 5,000 crore emergency credit line, to support airlines affected by the ongoing US-Iran war.
Paradise Biryani to open 100 outlets across India, raise 100cr
Paradise Biryani, a renowned Hyderabadi brand, plans to raise ₹100 crore to fuel its aggressive expansion across key Indian cities.