 "Hyundai India gains IPO approval, aiming to raise billion, marking a significant comeback in the Indian automotive market.")
Hyundai Motor India has received approval for its initial public offering (IPO) from the Securities and Exchange Board of India. The South Korean automaker aims to raise $3 billion, valuing the company at around $20 billion. This IPO marks the first for a carmaker in India in the last 20 years, following Maruti Suzuki’s IPO ...
 "The CCI gains new powers to issue show cause notices and close cases, enhancing transparency in anti-competitive investigations.")
The Indian government has updated the competition law, allowing the Competition Commission of India (CCI) to issue show cause notices during investigations. This change, effective from September 19, 2024, means CCI can now inform parties of any alleged contraventions and give them a chance to respond before making a final decision. Previously, if the Director ...
 "Zydus Gains FDA Approval for Scopolamine Patch, Tapping .6M Market")
Zydus Lifesciences Ltd has secured final approval from the US FDA to Market its Scopolamine transdermal system, designed to prevent nausea and vomiting in various situations, including after surgery and due to motion sickness. The product, which delivers 1 mg over 3 days, will be manufactured at Zydus’ facility in Ahmedabad. This marks the fifth ...
 "Billionaire Gautam Adani and his family have topped the 2024 Hurun India Rich List, despite facing allegations from Hindenburg Research last year. Their wealth surged by 95% to Rs 11.61 trillion, dethroning Mukesh Ambani. Adani recorded the highest wealth growth among India’s top ten richest, with significant gains in sectors like ports and energy. The list also highlights Bollywood’s increasing wealth, with Shah Rukh Khan entering for the first time. Overall, India’s billionaires added Rs 28 trillion, representing over half of the nation’s GDP, as the country becomes Asia’s “wealth creation engine.”")
Adani has surpassed Ambani to become India’s richest person according to the latest Hurun list. In an exciting twist, Bollywood superstar Shah Rukh Khan has made his debut on the list. This marks a significant shift in India’s wealth landscape, highlighting the rapid rise of Adani and the enduring popularity of SRK. Read on to ...
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Despite positive US economic data, Ethereum is struggling to keep pace with the recent rally in the crypto Market. While other cryptocurrencies are seeing significant gains, Ethereum’s performance lags behind. Investors are closely monitoring the situation as they wait to see if Ethereum will catch up or continue to fall behind. Click to Claim Latest ...
US futures are on the rise as the Dow looks set for an eighth consecutive win, driven by hopes of a potential rate cut. Investors are optimistic about the possibility of lower interest rates, which could stimulate economic growth. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of ...
According to Goldman Sachs, Nvidia’s stock is expected to increase by 22% and is still underpriced compared to its competitors, even though it has nearly doubled in value this year. This news highlights the potential for continued growth and value in investing in Nvidia. Click to Claim Latest Airdrop for FREE Claim in 15 seconds ...
In a striking turnaround, Grayscale’s Bitcoin ETF has finally experienced its first influx of investments after facing a tough period of significant losses since the beginning of the year. This shift could mark a pivotal point for investors who’ve been closely monitoring the cryptocurrency Market for signs of recovery and stability. With the crypto landscape ...
