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…
“Indian equity markets are expected to open on a positive note, tracking firm cues from GIFT Nifty, which is currently trading around 24,140, up by nearly 185 points, indicating a gap-up start for domestic benchmark indices. Notably, GIFT Nifty is trading with gains despite escalating global tensions and stalled US–Iran negotiations, which continue to weigh…
Gold has maintained its strong momentum in 2026, as investors increasingly favour safety and capital protection over pursuing higher-risk returns. Ongoing global uncertainty, geopolitical tensions, and worries about economic growth have continued to enhance the appeal of the yellow metal. Silver has also performed well, ranking as the second-best asset class this year. However, the…
NEW DELHI: Govt is considering relief measures for airlines on multiple fronts, with no end in sight to the US-Iran war and airlines complaining of higher operating costs, along with drop in traffic. This week it could clear the way for a Rs 5,000 crore emergency credit line guarantee scheme (ECLGS), that may provide some…
Oil prices extended their rally on Monday, climbing nearly 2% as stalled peace talks between the United States and Iran and continued disruptions in the Strait of Hormuz kept global supply under pressure.Brent crude futures rose $2.16, or 2.05%, to $107.49 a barrel, the highest since April 7, while US West Texas Intermediate (WTI) gained…
MUMBAI: A cup of ice cream or an artisanal chocolate bar, sweet treats this summer, will pinch your pockets because the West Asia war has thrown supply chains in disarray. For one, the US-Iran conflict is creating problems for companies. Prices of key ingredients, such as dry fruits and nuts, used to add flavour and…
Top stocks to buy (AI image) Stock market recommendations: For the trading week starting April 27, 2026, Tata Steel, and Cyient DLM are the top stock picks from Motilal Oswal Wealth Management Research Desk. Stock name CMP (Rs) TP (Rs) Upside (%) Tata Steel 210 240 14% Cyient DLM 373 470 26% Tata SteelIndia’s steel…
Despite a substantial increase in the coverage of health insurance or finance schemes, which only cover inpatient treatment, between 2017-18 and 2025, out-of-pocket expenditure by patients and their families still accounts for almost all of the spending on hospitalisation. This was revealed in the latest household consumption survey on health conducted by the National Statistical…
CORPORATE CHAMPIONS: (Left to right) Bharti Airtel MD and CEO Shashwat Sharma, JSW Group chairman & MD Sajjan Jindal, YouTube India country MD Gunjan Soni, HDFC Life MD & CEO Vibha Padalkar, Andhra Pradesh chief minister N Chandrababu Naidu, RateGain Travel Technologies founder & MD Bhanu Chopra, Serum Institute of India chairman & MD Cyrus…
Union minister Piyush Goyal Agra: The free trade agreement (FTA) with New Zealand, scheduled to be signed on Monday, will provide huge opportunities for domestic firms, including leather exporters from the city of the Taj Mahal, commerce and industry minister Piyush Goyal said Sunday. Goyal is here with the visiting New Zealand’s trade and investment…