Biocon Biologics announced a major milestone in its US expansion plans, inking a settlement and licensing agreement with Regeneron, allowing it to commercialise its biosimilar eye drug, Yesafili, in the country.Yesafili, a vascular endothelial growth factor (VEGF) inhibitor, is a biosimilar to the widely used ophthalmology drug Eylea (aflibercept)), and is used to treat various…
Citizens Financial Group opens new GCC in Hyderabad in partnership with Cognizant HYDERABAD : US-based financial services giant Citizens Financial Group has set up its first global capability centre (GCC) in India at Hyderabad in strategic partnership with tech services player Cognizant.Located within Cognizant’s new campus in Hyderabad, the Citizens GCC will create around 1,000…
Global equity markets soared on Tuesday as they adjust to US President Donald Trump temporary reliefs announced for electronics like smartphones and computers from tariffs. The move, seen as a potential easing in trade tensions—particularly with China—sparked a surge in investor optimism across continents. Equities in Asia, Europe, and the US responded with strong gains,…
Chinese app TikTok mock US customers amid tariff war US TikTok users are increasingly encountering a surge of videos from Chinese content creators encouraging Americans to purchase goods directly from Chinese factories—an apparent strategy to sidestep the Trump administration’s tariffs. These viral clips, often filmed at manufacturing facilities purportedly producing for major US brands like…
Sunanda Khaitan, Vice President, Lakme MUMBAI: Small packs or ‘minis’ are slowly becoming a rage in the Indian beauty space—consumers want to experiment and expand their basket of make-up and beauty products beyond a lipstick and a kajal but they are seeking the right price. The mass affordability of small packs aside, in a market…
LVMH sales slide as shoppers curb spends Source link
Stock markets open in green NEW DELHI: The stock market on Tuesday marked a positive beginning for the week with Sensex up by over 1300 points. The Sensex opened with 1,694.80 points at 76,852.06 while Nifty50 was up 539,80 points at 23,368.35.This marked the positive opening of stock market for the week as Monday was…
Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting April 14, 2025) are Indian Hotels and HPCL. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Indian Hotels 788 950 21% HPCL 382 455 19% Indian Hotels:IHCL’s rapid adoption of asset-light strategy &…
Paris: Opec (Organisation of the Petroleum Exporting Countries) slightly lowered its forecast for oil demand growth on Monday, citing the impact of US tariffs on the world economy. The Saudi-led oil cartel said in a monthly report that it now expects demand to grow by 1.3 million barrels per day (bpd) in 2025, down from…
MUMBAI: Tariff-related developments, the direction in which prices of US government bonds move, trading pattern of foreign funds, and corporate results for the Jan-March quarter will decide investor behaviour on Dalal Street in the truncated three-day trading week starting Tuesday. Market players, however, warned that volatility is expected to continue even though there seems to…
