Orchid Pharma is reportedly in advanced talks to out-license its novel antibiotic enmetazobactam in the US
Category: Business
GIC Re shares plunge on government stake-sale plan
Shares of General Insurance Corporation fell after the government approved selling up to a 5% stake via OFS
Bharat Innovates 2026 secures $254.5 million in DeepTech funding
The summit drew funding commitments from over 50 global investors for more than 80 Indian DeepTech startups
SpaceX to acquire AI coding startup Cursor for $60 billion
SpaceX announced plans to buy Cursor’s parent company Anysphere for $60 billion, with the deal expected to close in Q3 2026
Sensex, Nifty open higher extending Hormuz-linked rally
Indian benchmarks opened higher Tuesday, extending Monday’s rally on hopes of an eased Strait of Hormuz crisis
Fox Corp shares plunge 15% after $22 billion Roku acquisition
Fox Corporation’s stock fell sharply after unveiling a $22 billion deal to acquire streaming platform Roku
Foreign investors turn net buyers of Indian equities
FPIs bought Indian equities on Monday after thirteen consecutive sessions of selling
Exxon Mobil shares fall 4.1% as oil prices drop after Iran deal
Exxon Mobil shares declined as crude oil prices fell following the announced US-Iran peace agreement
Western Digital shares surge 16% in broad tech rally
Western Digital stock jumped more than 16% as technology shares rallied broadly on Tuesday
Royal Caribbean rises 6.6% as falling oil eases costs
Royal Caribbean shares climbed as lower oil prices following the US-Iran deal boosted cruise-sector sentiment