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Sun Pharma ranks second in US dermatology by prescriptions, with key brands including Ilumya for plaque psoriasis and Winlevi for acne. Recent US launches include Leqselvi for severe alopecia areata and Unloxcyt for advanced cutaneous squamous cell carcinoma, strengthening its presence in dermatology and cutaneous oncology.
At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 31.91 points or 0.04% to 76,989.18. The Nifty 50 index lost 9.45 points or 0.04% to 24,071.00.
Odyssey Energy Solutions has raised $74 million in equity and debt to expand its renewable-energy financing and procurement platform. The company, whose India business has more than tripled in the past year, connects over 6,000 solar installers and EPC companies with financiers and suppliers globally.
Jindal Worldwide jumped 5.37% to Rs 40.40 after its electric vehicle arm and subsidiary, Jindal Mobilitric, announced plans to expand its retail network to approximately 100 showrooms across India by the end of FY28.
In Rakhi merchandise sales, North India led in order share, followed by South and West regions. Gift categories like home and furniture saw significant sales increases. Male-targeted product sales rose, while female-targeted product sales declined. Festival shopping began earlier this time, with many orders placed late at night.
HDFC Bank has accelerated its search for a successor to CEO Sashidhar Jagdishan, who will not seek an extension, with an executive search firm likely to be appointed this week. The bank is considering both internal and external candidates, including deputy MD Kaizad Bharucha, executive director V. Srinivasa Rangan, former SBI chairman Dinesh Khara, Axis…
Growth in output and new orders slowed to five-year lows amid softer domestic and international demand. Export orders continued to rise, although growth eased from July.
CAS accounted for 22% of NSE’s total cash market turnover during the day. More than 98,000 unique investors participated in the session, while turnover was around 42 times the previous trading day’s level.
Yuma Energy has raised $35 million from Magna International to add batteries across its existing network and enter new cities. The battery-swapping JV is targeting Ebitda break-even by FY27.
According to a Bloomberg report, Schiller gave up these two major tasks but will stay at the company as an “Apple Fellow”.