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PhysicsWallah share price soars nearly 50% on debut for over $5-billion valuation

India, Nov. 18 -- PhysicsWallah Ltd. soared on its trading debut today for a valuation in excess of $5 billion, as prospects of continued growth fuelled investor appetite. PhysicsWallah's share price... Read More


PhysicsWallah lists at 33% premium to IPO price on continued demand for new-age stocks

India, Nov. 18 -- PhysicsWallah Ltd. soared 33% in its trading debut on Tuesday, as prospects for continued business growth fueled investor appetite after its $393 million IPO. The stock listed at Rs... Read More


Lenskart ties up with Labubu maker Pop Mart to bolster its global 'House of Brands' strategy

India, Nov. 17 -- Lenskart Solutions Ltd. has tied up with Labubu maker Pop Mart to strengthen its global "House of Brands" strategy that also includes Barcelona's Meller brand of sunglasses acquired ... Read More


Anand Mahindra warns of 'far bigger crisis' than AI wiping out white-collar jobs

India, Nov. 17 -- Anand Mahindra has warned of "a far bigger crisis" at hand amid fears that AI will wipe out white-collar jobs. "For decades, we pushed degrees and desk jobs to the top of 'aspiratio... Read More


Anil Ambani offers to make himself available for ED via virtual appearance

India, Nov. 17 -- Anil Ambani has offered to make himself available to Enforcement Directorate for the recording of his statement via virtual appearance, a spokesperson for the Reliance Group chairman... Read More


Walmart says CEO Doug McMillon to retire in early 2026, names replacement

India, Nov. 14 -- Walmart Inc. on Friday said that CEO Doug McMillon will retire early next year, bringing to an end a decade-long tenure at the helm of US's biggest retailer. John Furner, a long time... Read More


Walmart CEO Doug McMillon to retire in 2026, John Furner to replace him

India, Nov. 14 -- Walmart Inc. on Friday said Chief Executive Officer Doug McMillon will retire in February and be replaced by John Furner. Furner, 51, has served as head of Walmart US since 2019. Th... Read More


Walmart CEO Doug McMillon to retire in February 2026, John Furner to replace him

India, Nov. 14 -- Walmart Inc. on Friday announced that CEO Doug McMillon will retire early next year, bringing to an end a decade-long tenure at the helm of US's biggest retailer. John Furner, a long... Read More


IPO or merger? Kiran Mazumdar-Shaw weighs $4.5-billion Biocon Biologics move

India, Nov. 13 -- Biocon Ltd. is said to be exploring merging Biocon Biologics Ltd. with itself, even as the option of listing the biosimilars unit remains on the table. The company, led by Kiran-Maz... Read More


Manipal Group submits a second bid to acquire Byju's with an eye on Aakash

India, Nov. 13 -- Ranjan Pai-led Manipal Education & Medical Group Pvt. Ltd. has submitted a second bid to acquire Byju's parent Think & Learn Pvt. Ltd. under insolvency, in what is seen as a move to ... Read More