Kiran Mazumdar-Shaw has responded to a tweet about Claire Mazumdar being her successor. Claire, the founding CEO of Bicara Therapeutics, is the niece of the Biocon founder and chairperson. She is the daughter of Ravi Mazumdar, brother of Mazumdar-Shaw. Kiran Mazumdar-Shaw and her niece Claire Mazumdar. (X/@kiranshaw, LinkedIn/Claire Mazumdar) The tweet that started it all…
Kiran Mazumdar-Shaw, Biocon’s founder and chairperson, has identified her niece, Claire Mazumdar, as the future leader. Kiran Mazumdar-Shaw, Biocon’s founder and chairperson, has reportedly put in place a structured succession plan for the biotechnology firm, identifying her niece, Claire Mazumdar, as the future leader.Having built Biocon over more than four decades and without a direct…
“In the previous session, Nifty 50 witnessed a recovery during the day but failed to sustain at higher levels, facing resistance around the 24,300 zone. This indicates continued supply pressure at elevated levels and suggests that the recent upmove was more of a pullback rather than a confirmed breakout.From a technical perspective, Nifty 50 continues…
Gold of 99.9% purity moved lower, declining by Rs 2,000, or 1.3%, to Rs 1,52,800 per 10 grams (inclusive of all taxes), compared to its previous close of Rs 1,54,800 per 10 grams, according to the All India Sarafa Association. Market participants noted that gold came under pressure in a relatively thin trading environment, as…
Gold price prediction today: Gold prices are expected to continue seeing volatility in the near-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
Bernstein has a market perform rating on Kotak Bank with the target price at Rs 500. Analysts said Kotak Bank closed FY26 on a strong note, with a beat across most operating metrics. The lender’s net interest margin expanded about 13 basis points (100 basis points = 1 percentage point) on the quarter (QoQ), the…
File photo: Sebi chief Tuhin Kanta Pandey MUMBAI: Sebi chairman Tuhin Kanta Pandey on Monday said that the regulators for banking and insurance sectors were not willing to allow their regulated entities into commodities derivatives segment due to some concerns.Pandey also said that for Sebi to regulate products that allow physical delivery of commodities like…
Rupee tumbled to a record low of 95.40 against US dollar in early trade on Tuesday, falling another 17 paise after already ending the previous session at its weakest-ever closing mark. Previously on Monday, the currency had declined sharply by 39 paise to close at 95.23 against the greenback.This comes as global uncertainty continues to…
NEW DELHI: Government’s net direct tax collections grew 5.1% to over Rs 23.4 lakh crore in 2025-26, but missed the revised target set for the fiscal year that ended March 2026.In the revised estimates (RE) for the 2025-26 fiscal, govt lowered the direct tax collection target to Rs 24.2 lakh crore. The original budget estimate…
Top stocks to buy or sell today (AI image) Stock market recommendations: While Lupin, and KEI Industries are recommended as buy calls by Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan, Bharat Forge, and Punjab National Bank are seen as sell calls for May 5, 2026:Lupin: Buy in the range between Rs 2349…
