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Business

Dr. Reddy’s, Alvotech to co-develop, market biosimilar of Merck’s cancer drug Keytruda  

Dr. Reddy’s headquarters in Hyderabad | Photo Credit: Arrangement Pharma main Dr. Reddy’s Laboratories and Nasdaq-listed international biotech agency Alvotech will co-develop, manufacture and commercialise a biosimilar candidate to Merck’s cancer drug Keytruda (pembrolizumab) for international markets. They will probably be collectively chargeable for creating and manufacturing the biosimilar candidate and sharing prices in […]

Business

NCLAT stays move against Reliance Infra

NEW DELHI: In a aid to Reliance Infrastructure, National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against the corporate. Reliance Infrastructure in a regulatory submitting stated that NCLAT suspended the order handed by the NCLT over an attraction filed by it.On May 30, the Mumbai bench of NCLT had admitted an

Business

RBI’s monetary policy panel starts deliberations; decision on June 6

The Reserve Bank’s rate-setting panel began its three-day brainstorming on monetary policy as expectations are excessive of a 25 Basis Points (bps) or perhaps a jumbo 50 bps fee minimize to gas financial development amid uncertainties created by Donald Trump’s tariff strikes. The decision of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor

Business

Interview: Bringing down costs, making our economic costs better to help drive profitability, says Apollo HealthCo CEO 

The previous couple of months have been notably eventful at Apollo HealthCo. Earlier this month, the omni-channel pharmacy arm of Apollo Hospitals, encompassing bodily retailers and digital platform, secured approval from the Insurance Regulatory and Development Authority of India (IRDAI) to function as a company agent. A day later, it introduced a co-branding partnership with

Business

India “vehemently opposed” ADB’s latest funding to Pakistan

On June 3, 2025, the ADB introduced that it had accredited funding of $800 million to Pakistan beneath its Resource Mobilisation Reform Programme. File. | Photo Credit: Reuters In continuation of its efforts in numerous multinational fora to curb funding to Pakistan, the Indian authorities “vehemently opposed” the Asian Development Bank’s latest choice to present

Business

Adani Airports raises $750 mn via ECBs from international banks

NEW DELHI: Adani Airports Holdings Ltd (AAHL) Wednesday mentioned it has raised $750 million via exterior industrial borrowings (ECB) from a consortium of international banks. The transaction was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank. The firm says it’ll “use the proceeds to refinance existing debt, invest in infrastructure upgrades,

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