Sun Pharmaceutical Industries on Monday announced it will acquire US-based Organon & Co. in an all-cash deal valued at $11.75 billion, marking one of the largest overseas acquisitions by an Indian company.Under the definitive agreement, Sun Pharma will buy all outstanding shares of Organon at $14 per share.The deal, approved by the boards of both…
Gold prices recently moved from the upper band toward the mid-band (20 DMA), and are now attempting to stabilize. (AI image) Gold price prediction today: Gold prices will closely track movements on the rate decisions by several central banks, including the US Federal Reserve, this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal…
New Delhi: Amid the push for more Vande Bharat and Amrit Bharat trains, the railways has begun work on improving the currently operational Shatabdi Express and Jan Shatabdi Express trains. It has drawn up a plan to enhance comfort, aesthetics, and onboard service quality on these premium trains under a nationwide campaign.In a communication to…
Petrol and diesel prices remained unchanged across major Indian cities on Monday, even as global crude oil markets stayed volatile due to escalating tensions in the Middle East and disruptions in key shipping routes. Petrol prices today In Delhi, petrol continued to be priced at Rs 94.77 per litre. Rates remained higher in other metros,…
India New Zealand FTA (AI image) India and the New Zealand on Monday signed the India-New Zealand Free Trade Agreement (FTA) in the presence of Commerce and Industry Minister Piyush Goyal and New Zealand’s Trade and Investment Minister Todd McClay. The agreement is expected to significantly strengthen economic ties between the two countries. It aims…
India-New Zealand FTA: The India-New Zealand trade deal or Free Trade Agreement signed on Monday has been called a ‘once-in-a-generation’ trade pact. For one, it gives Indian exporters duty-free or zero duty access to all exports. The implementation of the trade deal is now contingent on New Zealand Parliament’s approval, and in the case of…
The last meeting between US President Donald Trump and Chinese President Xi Jinping ended on a positive note. Trump had rated the summit a “12 out of 10”, and White House said China would “effectively eliminate” rare earth export controls and stop retaliatory actions against American firms.However, recent developments suggest that Beijing has altered its…
South Korea’s stock markets scaled a historic peak on Monday, as the total valuation of listed companies moved past the 6,000 trillion won ($4.1 trillion) mark for the first time during trading hours. According to figures cited by The Korea Herald, based on data from the Korea Exchange, the combined market capitalisation of domestic bourses…
Gold prices declined in futures trade on Monday, tracking weak global cues and softer spot demand. The fall comes even as retail prices across major Indian cities showed a mixed trend, with some markets seeing marginal gains while others remained flat.On the Multi Commodity Exchange (MCX), gold contracts for June delivery fell by Rs 349,…
Ongoing crisis in the Middle East has strained global energy supplies, but availability within the country continues to remain steady, the government has assured. Addressing a ministerial briefing, Aparna Sharma, additional secretary in the department of fertilizers, said, “The fertiliser availability remains robust, and the supplies continue to exceed the requirement. The department of fertilizers…
