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TPG to acquire Adar Poonawalla-led group’s housing finance arm at ₹3,900 crore valuation

US-based private equity major TPG has agreed to acquire the housing finance arm of Adar Poonawalla-…

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Adar Poonawalla-backed pharmacy chain Wellness Forever files for IPO

Apart from a fresh issue worth up to ₹400 crore, there will be an Offer for Sale (OFS) wherein…

PTI   


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Adar Poonawalla's Serum cuts Covishield vaccine price for state governments to ₹300 a dose after much backlash

In a tweet, Poonawalla called this cut a "philanthropic gesture" that will save crores of rupees…

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If 2015 was the ‘Year of the API’, why is there a Remdesivir shortage six years later?

Catchphrases don’t cure, actual drugs do. In fact, since 2015, the year when the government…

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Serum Institute of India buys into IPO-bound insurance unicorn PolicyBazaar, as True North sells part stake in secondary sale

The investment firm True North (formerly India Value Fund) has sold a part of its stake in Polic…

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Adar Poonawalla invests Rs 12 cr in cookie brand Sweetish House Mafia

Some of its popular products include its signature Nutella sea salt, double chocolate chip and cla…

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8 mins read

With a $2 million funding from Sachin Tendulkar, Rajan Navani of digital entertainment and tech company JetSynthesys shares the roadmap ahead

JetSynthesys will use the funding to strengthen its existing catalogue of products and platforms un…

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3 mins read

Indian edtech startup BYJU’S may be worth $15 billion in another week

Bengaluru-based edtech startup BYJU’S, which is already the world’s most valued edtech company, is …

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Serum Institute investing USD 100 mn on potential COVID-19 vaccine

"Our manufacturing facility is ready and we plan to start production in two months. We are spendin…

PTI   


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Reliance, Tata on TIME's list of world's most influential companies

Serum Institute is the other Indian company on the list. TIME listed Reliance in the 'Tita…

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Indian markets open in the red amid weak global cues – Wipro, Zee Entertainment, RIL among stocks to watch out for

Indian equity markets opened in the red on Friday following negative global cues on concerns over g…

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5 mins read

Top 10 richest persons in India in 2022

Hailing from a variety of industry backgrounds, Indian billionaires have helped build the country’s…

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1 min read

Serum Institute of India expects COVID vaccine by year-end

"End of the year, we are hoping to have a vaccine. So we will discuss once of the phase three trial…

PTI   


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Oxford COVID-19 vaccine may hit the Indian market by the end of the year if successful, says CEO of world’s largest vaccine manufacturer

World’s largest vaccine manufacturer, the Serum Institute of India (SSI), hopes oxford COVID-19 vac…

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COVID-19: India adds 3,57,229 new cases and 3,449 deaths in last 24 hours

The total tally of COVID-19 cases in the country has climbed to 2,02,82,833. Registering a st…

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India set to witness its SpaceX moment soon, says Agnikul CEO

"This will, in turn, help us with reduced capital expenditure and expedited testing," he said.…

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Warned the Centre about new COVID-19 variants and surge in cases, says scientist community

The scientific community has stated that they had hinted to the Central government about the new va…

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Russia’s Sputnik V vaccine is 95% effective — each dose will cost less than $10 internationally but will be free for Russians

The vaccine that will have to be taken in two doses, will cost less than $10 (₹740) in internati…

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SoftBank Vision Fund 2 leads a $100 million funding in this Indian founder’s global healthtech startup

Japanese investment firm SoftBank’s Vision Fund 2 has led a $100 million fund in Biofourmis – a dig…

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Prashant Chandrasekar who went from Bengaluru to become the CEO of Stack Overflow will be at Global Trends Festival 2020

Prashanth Chandrasekar believes India will be “huge powerhouse for software development for compani…