Aurobindo Pharma: Strong prospects offset by valuation concerns

Since the start of this financial year (FY24), the stock of Aurobindo Pharma has been one of the top pharma gainers, enhancing investor wealth by over 68 per cent, with a third of those gains......

Adani group withdraws from M&As, to focus on prepaying debt

On Thursday, Adani Enterprises announced that it will not go ahead with acquiring Macquarie group’s two road companies at an enterprise valuation of Rs 3,100 crore. IMAGE: Group chairman......

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%

Life insurance companies  reported a 17 per cent year-on-year (YoY) drop in new business premium (NBP) in February as state-owned Life Insurance Corporation of India’s premiums......

Active credit cards drop 2.3 million in August over new RBI norms

The outstanding credit card base dropped to 77.99 million in August from over 80 million in July, mainly on account of the new norms of the Reserve Bank of India (RBI) that warrant the deactivation......

How F1 got Singapore tourism back on track!

Red Bull Formula One driver Sebastian Vettel is chased by fans as he walks the circuit ahead of the Singapore F1 Grand Prix. Photograph: Edgar Su/Reuters Singapore will be counting on its......