Claire Mazumdar Named Biocon Successor by Kiran Mazumdar-Shaw
Claire Mazumdar, 37, niece of Kiran Mazumdar-Shaw, has been named as her successor for Biocon. She is the founding CEO of Bicara Therapeutics.
Category : Corporate News
Pixxel Wins US NRO Contract for Hyperspectral Data
Indian space-tech startup Pixxel has secured a contract from the US National Reconnaissance Office to integrate its hyperspectral imaging data into the NRO's remote sensing network, enhancing Earth observation capabilities.
Kiran Mazumdar-Shaw Names Niece Claire as Successor
Biocon founder Kiran Mazumdar-Shaw has outlined a five-year succession plan, appointing her niece Claire Mazumdar as her successor. Claire currently leads Bicara Therapeutics.
MSME Forum of Ludhiana Concerned Over Rupee Devaluation
The MSME Forum of Ludhiana has expressed deep concern over the continuous devaluation of the Indian rupee, which is impacting small and medium enterprises adversely.
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Indian Rupee Hits All-Time Low Against US Dollar
The Indian rupee plunged to a record low of 85.07 against the US dollar, driven by strong dollar demand and foreign fund outflows. The decline impacts import costs and inflation.
Coinbase to Cut 14% Workforce in AI Restructuring
Coinbase CEO Brian Armstrong announces a 14% workforce reduction as part of an AI-native restructuring to streamline operations and focus on artificial intelligence.
Odisha CM Majhi Begins Gujarat Outreach for Industrial Investments
Odisha CM Mohan Charan Majhi launched a three-day business outreach in Gujarat, pitching Odisha as a key driver of India's next growth phase, with high-level meetings in chemicals, metals, and textiles sectors.
Joey Bosa to Cowboys or Titans? Two new suitors emerge
After two months in free agency, Joey Bosa remains unsigned. The Dallas Cowboys and Tennessee Titans have emerged as top destinations for the veteran defensive end.
Govt Approves Rs 18,100 Crore ECLGS 5.0 for MSMEs, Airlines
The Indian government has approved the Emergency Credit Line Guarantee Scheme (ECLGS 5.0) with an outlay of Rs 18,100 crore to support MSMEs and airlines affected by the West Asia conflict.
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FASTag Non-Payment Leads to Service Suspension on NHs
Failure to pay toll via FASTag at barrier-less plazas on National Highways will result in e-Notice and suspension of all FASTag services until dues are cleared, as per government FAQs.
Odisha RERA Revises QPR Formats, Allows Hard-Copy Filing
Odisha RERA modifies quarterly progress report formats for builders, allowing hard-copy submission for offline-registered projects. New formats from June 2026 aim to improve transparency and compliance tracking.
Maharashtra blood banks profiteering on plasma sales
Maharashtra blood banks are selling excess plasma for Rs 7,000 per litre, far above the allowed Rs 1,600. SBTC plans a new policy and 50-point inspection checklist to curb profiteering and over-collection.
BEST Re-Tenders Prime Ghatkopar Property After Rent Objections
BEST committee raises objections over low annual rent of Rs 33.4 lakh for a prime 5,516 sq ft plot near Ghatkopar East station, leading to re-tendering. Nine other properties cleared.
EOW ACB Arrest Seven in Rs 115 Crore Overtime Scam
EOW and ACB arrested seven directors and representatives of manpower agencies in a Rs 115 crore overtime payment scam at Chhattisgarh State Marketing Corporation Limited.
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Sundaram Home Finance Net Profit Up 15% to Rs 282 Cr in FY26
Sundaram Home Finance reported a 15% rise in net profit to Rs 282 crore in FY26, with AUM growing 14% to Rs 19,909 crore. Disbursements rose 5% to Rs 6,842 crore, driven by strong growth in emerging business segment.
Infinity Heights: Green Hill Top Luxury
Infinity Heights sets a new standard for eco-friendly luxury on hilltops, combining opulence with sustainability through innovative green technologies and design.
Kelly Bagla Esq: Legal Pathways for Global Entrepreneurs
Kelly Bagla Esq discusses legal strategies for entrepreneurs in a borderless economy, emphasizing compliance and cross-border business structures.
MG Group Marks 30 Years of Bus Building Excellence
MG Group celebrates 30 years of bus building excellence, highlighting its journey, innovations, and commitment to quality in the automotive industry.
AgentKart Launches in NCR: Privacy-First Real Estate Platform
AgentKart has launched in the NCR region, offering a privacy-first real estate platform that connects users with verified, highly-rated agents. The platform prioritizes data protection and transparency.
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Stock Markets Decline as Geopolitical Tensions Weigh
Indian stock markets fell sharply on Tuesday, with the BSE Sensex dropping 251 points amid renewed geopolitical concerns and volatile trading.
Zee Sues Nykaa Over Copyright Misuse of Songs on Instagram Reels
Zee Entertainment has filed a lawsuit against Nykaa for allegedly using Zee's copyrighted songs without permission in Instagram Reels for promotional purposes.
E-2W Penetration Hits 6.5% in FY26: E-Mobility Gains
Electric two-wheeler penetration in India reached 6.5% in FY26, driven by government policies and consumer demand. The e-mobility sector shows strong growth momentum.
India Fuel Retailers Face Credit Strain from High Oil Prices
Fitch Ratings warns that Indian fuel retailers face credit strain due to persistently high oil prices, impacting margins and debt levels, with potential rating downgrades if conditions worsen.
UP Plans to Boost Farmers' Income with Cow Dung Products
Uttar Pradesh government prepares a comprehensive action plan to integrate agriculture with animal husbandry, expanding cow dung-based products to boost farmers' income and soil fertility.
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DPIIT Revamps FDI Approval Process With 12-Week Timeline
DPIIT introduces a new SOP for FDI proposals, featuring a 12-week decision timeline and a fully paperless application system via FIF and NSWS portals.
PNB Posts Record Rs 16,904 Crore Net Profit in FY26
Punjab National Bank (PNB) ended FY26 with a record net profit of Rs 16,904 crore, driven by improved asset quality, higher interest income, and capital strengthening.
India's First Digital Mental Math Championship Ends in Mumbai
The groundbreaking fully digital mental math championship concluded in Mumbai, showcasing exceptional talent and innovation in arithmetic skills across India.
Smallcap Stock Surges After Securing Chhattisgarh Order
A smallcap company's stock surged after securing an order from the Chhattisgarh Environment Conservation Board, boosting investor sentiment and market activity.
Dell Relocates Legal Base from Delaware to Texas
Dell Technologies announced it will move its state of incorporation from Delaware to Texas, aligning its legal home with its headquarters and operations. Governor Abbott welcomed the move.
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AC Prices to Rise Further Amid New Norms and Input Costs
Blue Star's MD warns that AC prices will increase due to stricter energy efficiency norms and rising raw material costs, impacting consumer budgets.
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