Sun Pharma Proposes to Acquire Remaining Stake in Taro Pharmaceutical Industries in All-Cash Deal
Indian pharma giant Sun Pharma has offered to acquire the shares of Taro Pharmaceutical Industries that it does not already own for $38 apiece via...
Author : Chinmay Bohra
Google Ordered by a US Court to Pay Audio Company Sonos $32.5 Million over Patent Infringement
The most used search engine Google has been ordered by a US court to pay high-tech audio technology company Sonos $32.5 million in damages for...
Winklevoss Twins’ Crypto Exchange Moves to Dismiss SEC Lawsuit
Gemini, the US-based crypto exchange founded by the Winklevoss twins, Tyler and Cameron, has filed a motion to dismiss the lawsuit brought against it by...
US Debt Default Deadline Extended to June 5, Negotiators Hopeful of a Deal Soon
Treasury Secretary Janet Yellen has warned the US Congress once more that the country would run out of money to pay its debts on June...
Wall Street Indexes End Sharply Higher on Debt Ceiling Optimism
Wall Street ended sharply higher on Friday as talks to raise the US debt ceiling made progress, while chip stocks rose for a second day...
Mumbai’s First Fully Underground Metro to be Operated and Maintained by Delhi Metro Rail Corporation
The Delhi Metro Rail Corporation (DMRC) has been awarded the contract for the operation and maintenance of the first fully underground Metro line in Mumbai,...
Hedge Fund Trader Sanjay Shah Ordered to Pay Denmark’s Tax Authority $1.25 Billion by Dubai Court
Sanjay Shah, an Indian-origin Hedge Fund trader, has been convicted of money laundering and tax fraud and has been ordered by the Dubai Court of...
Proposed Changes to Consumer Protection (E-commerce) Rules Under Way
In July 2020, the government created the Consumer Protection (E-Commerce) Rules, 2020 to regulate all goods and services bought or sold over digital or electronic...
Hyundai Motors and LG Energy to Invest $4.3 Billion to Manufacture EV Batteries in the US
LG Energy Solution and Hyundai Motor Group plan to invest $4.3 billion or 5.7 trillion won to build a plant to manufacture electric-car batteries in...
Credit Suisse Unit Loses Case Against Former Georgian PM, to Pay $926 Million in Damages
Credit Suisse Trust Ltd, a unit of the collapsed Credit Suisse Group AG, has lost a case against former Georgian prime minister Bidzina Ivanishvili and...