Tata Motors share price: Tata Motors’ UK subsidiary Jaguar Land Rover (JLR) may face a £2 billion loss from an ongoing cyberattack that halted production at key facilities. With no cyber insurance in place, the disruption could exceed last year’s profit, impacting around 33,000 employees and JLR’s contribution to Tata Motors’ revenue.Read More
Lupin’s shares surged by 2.2% following tentative U.S. FDA approval for its generic HIV treatment, Bictegravir, Emtricitabine, and Tenofovir Alafenamide Tablets. This positions Lupin to enter a significant U.S. market segment with estimated annual sales of $16.237 billion. The drug, a generic version of Gilead Sciences’ Biktarvy, will be manufactured at Lupin’s Nagpur facility.Read More
The Union Cabinet cleared a ₹69,725 crore revival package for the shipbuilding industry. The plan, built on a four-pillar approach, aims to boost domestic capacity, ease financing, support shipyard development, enhance technical skills, and roll out legal, tax, and policy reforms to strengthen India’s maritime ecosystem.Read More
Glenmark Pharma shares: The company’s unit Glenmark Specialty S.A. signed an exclusive licensing deal with China’s Hengrui Pharma for Trastuzumab Rezetecan, a next-gen HER2-targeting ADC. The pact includes an upfront payment of $18 million, milestone payouts of up to $1.093 billion, and royalties on sales.Read More
Navratri sales boost the auto sector. Auto component makers are growing faster than car companies. Shares of Banco Products and JTEKT India rise sharply. The auto components market is expected to reach $200 billion by 2030. Premiumization and EV transition are driving growth. Government policies support domestic manufacturing. Experts suggest auto ancillaries offer better investment...Read More
Gains in consumption-focused stocks, buoyed by expectations of a festive-season boost, helped offset caution stemming from persistent foreign outflows and fresh U.S. visa restrictions.Read More
Six Nifty500 stocks, including Netweb Technologies and Samvardhana Motherson, closed below their VWAP on September 24. A close beneath VWAP signals increased selling pressure and potential bearish momentum for intraday traders.Read More
Bengaluru’s Ivalue Infosolutions is set to launch on the market. Its Rs 560 crore IPO closed recently. The IPO was subscribed 1.82 times. Anchor investors invested Rs 168 crore. The company specializes in digital transformation. It operates in multiple countries. Revenue for FY25 reached Rs 942 crore. Net profit rose to Rs 85.3 crore.Read More
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