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Business

Johnson & Johnson to Acquire Intra-Cellular Therapies in a Groundbreaking $14.6 Billion Deal

Johnson & Johnson has agreed to acquire Intra-Cellular Therapies Inc. for $14.6 billion, aiming to enhance its neuroscience portfolio and advance treatment for neuropsychiatric and...

Business

MicroStrategy Expands Bitcoin Holdings with $243 Million Investment in 2,530 More Coins

MicroStrategy has significantly expanded its Bitcoin portfolio with a $243 million investment in 2,530 more coins, funded by stock sales. This move increases its total holdings to ...

Business

Market Meltdown: Investors Lose Rs 24.69 Lakh Crore in Just Four Days

The Indian stock market faced a severe downturn, eroding Rs 24.69 lakh crore from investors' wealth in four days due to weakened sentiment, rising crude prices, and foreign fund ou...

Business

HCLTech Announces a 5.5% Surge in Q3 Profits, Reaching Rs 4,591 Crore

HCLTech reports a 5.54% increase in Q3 net profit to Rs 4,591 crore, with revenues up by 5.07% to Rs 29,890 crore. Sequential growth in profit and revenue highlights the company's ...

Business

Goldman Sachs Predicts Slower Govt Capex Growth and Continued Fiscal Consolidation in FY26

Goldman Sachs forecasts a slowdown in government capex growth and continued fiscal consolidation in FY26, with a focus on welfare spending and economic stability ahead of the Union...

Business

Moderna's Shares Dive 19%: A Closer Look at the 2025 Revenue Forecast Adjustment

Moderna Inc. revises its 2025 revenue forecast downwards to between $1.5 billion and $2.5 billion, citing a slow RSV vaccine rollout and decreased COVID-19 vaccine demand, leading ...

Business

BMW Faces 4% Sales Decline in 2024 Yet Electric Vehicle Sales Surge

In 2024, BMW Group reported a 4% decrease in vehicle deliveries but highlighted a significant 13.5% increase in fully electric vehicle sales, with notable growth in BMW, MINI, and ...

Business

India Joins Elite Top 25 Global Arms Exporters, Nirmala Sitharaman Reveals

India has achieved a significant milestone by becoming one of the top 25 arms exporters globally, as announced by Union Finance Minister Nirmala Sitharaman. This marks a substantia...