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AstraZeneca Pharma India gets CDSCO nod to import and market datverzo breast cancer drug
Datopotamab Deruxtecan powder for concentrate for solution for infusion 100 mg (r-DNA origin) is indicated for the treatment of adult patients with unresectable or metastatic, hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative breast cancer. Shares of Astrazeneca Pharma India Ltd ended at ₹8,984.50, down by ₹32.00, or 0.35%, on the BSE.
BoB underwrites $500 million forex loan facility to ONGC unit
Coursera to acquire Udemy in $2.5 billion all-stock deal
Under the terms of the deal, Udemy shareholders will receive 0.8 shares of Coursera for every share held. The deal implies an acquisition price of approximately $6.35 per Udemy share — a 26% premium over the 30-day average closing price
Cyient Semiconductors acquires majority stake in Kinetic Technologies for $93 million
The development is expected to accelerate growth across various sectors, including data centers, electrification, automotive, networking, industrial automation, and the emerging edge AI compute segment
PFRDA eases withdrawal norms for private subscribers; exit age raised to 85 - top thing to know
India's pension regulator has significantly relaxed exit and withdrawal norms for National Pension System (NPS) non-government subscribers, allowing them to withdraw up to 80% of their pension wealth. The investment horizon has also been extended to age 85 for all categories, offering greater flexibility in retirement planning.
India-Oman trade deal: How the CEPA will anchor India’s expanding Gulf strategy; strengthen strategic and investment footprint
India and Oman are set to sign a Comprehensive Economic Partnership Agreement on December 18, aiming to deepen economic ties and expand India's trade and strategic footprint in the Gulf. The pact will cover goods, services, and investment, reducing tariffs and facilitating business, while also carrying significant geopolitical weight.
UGRO Capital's panel approves ₹500-crore NCD issue via private placement
The Investment and Borrowing Committee cleared the base issue size of up to ₹200 crore, with an option to retain oversubscription of up to ₹300 crore under a green shoe option. Shares of Ugro Capital Ltd ended at ₹171.20, down by ₹0.22, or 0.13%, on the BSE today, December 17.
Sukanya Samriddhi Yojana: At 8.2% interest rate, is SSY the right savings scheme for your girl child? Explained
Sukanya Samriddhi Yojana (SSY) offers a government-backed 8.2% tax-free interest for girl children, aiming to fund their future education or marriage. While a secure fixed-income option, experts suggest combining it with equity investments for better inflation-beating returns over its 21-year maturity period.
US stocks inch up as investors eye monetary policy outlook
Wall Street indexes traded higher in volatile sessions as investors sought interest rate outlook clues. Oracle shares dipped amid funding concerns for its data center plans, impacting the tech sector's AI ambitions. Energy stocks rebounded, while Netflix saw gains following reports of a potential OpenAI investment.
MoEngage’s Series F swells to $280 mn, eyes AI expansion and acquisitions
MoEngage has secured an additional $180 million in Series F funding, bringing the total to $280 million. The investment will support its AI product development and expand operations in North America and Europe.
Warner Bros asks investors to reject takeover bid from Paramount Skydance
Paramount’s attempt to buy Warner’s cable networks and news business would also bring CBS and CNN under the same roof
Mutual fund industry performance: AUM hits Rs 80.8 lakh crore in November; SIP flows surge, investor base widens
India's mutual fund industry achieved a record Rs 80.80 lakh crore in assets under management, driven by a 16% surge in monthly SIP flows to Rs 29,445 crore. Equity funds dominate AUM, and passive investments are growing, indicating a structural shift. The investor base is expanding beyond metros, with smaller cities contributing significantly to AUM.
Warner Bros. Plans to Reject Paramount Bid on Funding, Terms
After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who asked not to be identified discussing confidential information. The board still views the company’s existing agreement with streaming leader Netflix as offering greater value, certainty and terms than what Paramount has proposed, they said.
KPI Green Energy signs $4-billion MoU with Botswana for renewable energy projects
The collaboration involves a capital investment of around $4 billion (₹36,000 crore) and is expected to increase Botswana’s renewable energy capacity to nearly 5GW. Shares of KPI Green Energy Ltd ended at ₹416.90, down by ₹8.15, or 1.92%, on the BSE today, December 17.
Experiential tech startup Tagbin secures $10M in funding
The Gurgaon-headquartered firm intends to use the funds to expand beyond India, enhance its technology platforms and prepare the organisational and regulatory groundwork needed for a stock market listing.
Monarch Networth Capital launches its maiden PMS scheme
Monarch Networth Capital has launched its first Portfolio Management Services scheme, strengthening its full-stack financial services platform and expanding beyond broking and AIFs with a research-driven, value-focused investment strategy aimed at long-term wealth creation
iPhone 18 Pro, iPhone Fold to Feature Relocated Selfie Camera; iPhone 17e to Offer MagSafe Support: Report
iPhone 17 series, including the iPhone 17 Pro Max, iPhone 17 Pro, and the standard iPhone 17, was launched by Apple in global markets, including India, in September. Next year, the Cupertino company is expected to skip the launch of a standard iPhone 18, while introducing its first foldable handset, dubbed iPhone Fold. While most details about the iPhone 18 Pro series and the iPhone Fold remain under wraps, their features have now surfaced online.
WickedGud Bags INR 20 Cr To Deepen Omnichannel Play
D2C food products startup WickedGud has raised INR 20 Cr ($2.2 Mn) in a fresh funding round from existing backers…
Valuation Alert: 10 midcap stocks trading well above Industry PE
Several NSE midcap stocks are trading at trailing P/E ratios significantly above their respective industry averages, reflecting premium valuations driven by growth expectations, while also raising concerns about potential overvaluation.
India’s economic strength, capital pools and digital infrastructure power its geoeconomic clout: V Vaidyanathan
India’s rising geoeconomic influence is built on strong economic growth, deep domestic capital pools and a rapidly expanding digital and physical infrastructure, says IDFC First Bank CEO V Vaidyanathan. He highlights low inflation, high growth, robust financial systems and digital ecosystems as key enablers powering investment, financial inclusion and India’s global economic standing.
Sebi initiates Rs 18.14 cr recovery proceedings against 'Baap of Chart'
Sebi has initiated proceedings to recover dues of Rs 18.14 crore from Mohd Nasiruddin Ansari, popularly known as 'Baap of Chart', Rahul Rao Padamati and Golden Syndicate Ventures for carrying out unregistered investment advisory activities.
Bristol Myers Squibb, Accenture Launch AI-Powered Content Hub in Mumbai
Mosaic is part of Bristol Myers Squibb’s broader $130-million investment in AI initiatives and AI-enabled capabilities across marketing The post Bristol Myers Squibb, Accenture Launch AI-Powered Content Hub in Mumbai appeared first on Analytics India Magazine.
Eternal’s Deepinder Goyal tops Hurun India’s 2025 self-made entrepreneurs list
Radhakishan Damani of Avenue Supermarts, last year’s No. 1, has slipped to second place with a valuation of ₹3 lakh crore, down 13% from last year