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Temasek joins PE giants in bidding war for minority stake in Romsons Group

Mumbai, Oct. 2 -- Singapore's sovereign wealth fund Temasek has joined a race to acquire a minority stake in Romsons Group, in a deal that is expected to value the medical device manufacturer at about... Read More


India rips into Pakistan over 'hypocrisy' on human rights, 'country with worst human rights records lecturing others'

New Delhi, Oct. 2 -- India has slammed Pakistan at the 60th Session of the United Nations Human Rights Council (UNHRC) in Geneva for its "hypocrisy" on human rights as it highlighted the persecution o... Read More


Donald Trump's Pfizer deal could change how governments tackle medicine prices

New Delhi, Oct. 2 -- US pharmaceutical giant Pfizer Inc. has struck a deal with Washington to invest $70 billion in America, sell drugs to its Medicaid programme at the lowest prices it offers in othe... Read More


Trump confirms meet with China's Xi Jinping in '4 weeks', says 'Soybeans will be a major topic of discussion'

New Delhi, Oct. 2 -- US President Donald Trump on Wednesday (local time) said that he will meet Chinese President Xi Jinping in four weeks, with the soybean issue to be a significant topic of their di... Read More


Scientists gear up for close-up look at interstellar visitor 3I/ATLAS, with comet set to fly past Mars

New Delhi, Oct. 2 -- Astronomers on Friday will finally get a chance to observe interstellar visitor 3I/ATLAS up close, when the comet flies past Mars, giving scientists an opportunity to glean insigh... Read More


Kotak PE arm plans $2 bn fund amid rising private credit demand

New Delhi, Oct. 2 -- Kotak Alternate Assets Managers Ltd is looking to raise a $2 billion fund-Kotak Strategic Solutions Fund (KSSF) III-to provide loans or structured credit to Indian companies. The... Read More


Adani Group stocks shine in volatile September; four rally up to 20%, with Adani Power leading gains

New Delhi, Oct. 2 -- While September saw stocks fluctuate widely, most Adani Group stocks recorded double-digit gains, making it the best month in the recent past for the conglomerate, as a series of ... Read More


Tata's Nelco adopts a new path to its satellite internet ambition

New Delhi, Oct. 2 -- Tata Group-owned Nelco Ltd has received the government's preliminary approval to resell satellite internet services to consumers by partnering with companies such as Elon Musk's S... Read More


Will Lady Liberty go dark? US govt shutdown threatens iconic Statue of Liberty torch

New Delhi, Oct. 2 -- The torch of the Statue of Liberty, one of America's most enduring symbols, could soon go dark as the federal government shutdown stretches on. With funding halted and no resoluti... Read More


Donald Trump administration delays 100% tariff on brand-name drug imports, still 'being worked on'

New Delhi, Oct. 2 -- The Trump administration appears to have delayed putting a 100% tariff on some imported drugs - which the president threatened last week to impose on brand-name or patented pharma... Read More