Business -

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Lilly, Novo, Pfizer look to new weight loss drugs

TazaPulseJune 13, 2026

Drugmakers are only months into introducing GLP-1 pills and navigating huge changes in how patients pay for weight-loss drugs. Even so, they’re already outlining their visions for the future of obesity drugs. At the American Diabetes Association’s Scientific Sessions in New Orleans last week, drugmakers pitched doctors and investors on the idea of new shots...

Venezuela oil rush: US investors chase Trump’s $100 billion call as funds target energy assets – report

TazaPulseJune 13, 2026

US investment groups are racing to capitalise on the reopening of Venezuela’s oil sector, targeting underinvested oilfields and launching new investment vehicles after US President Donald Trump’s January call for companies to invest $100 billion to help rebuild the country’s energy industry, the Financial Times reported.Among the early movers is Miami-based Lionheart Capital, which has...

SpaceX’s $75 billion IPO could get an $11 billion boost — here’s how

TazaPulseJune 13, 2026

Elon Musk‘s aerospace company raised a whopping $75 billion by selling 555.6 million shares, or about 5% of its stock, in Friday’s much-awaited market debut. However, in the weeks ahead, SpaceX could fetch billions more!A mechanism, known as a greenshoe option, gives Morgan Stanley, the stabilisation agent for the listing, the right to buy additional...

sensex jumps nearly 1700 points on hopes of us iran peace deal

Sensex jumps 1.7k points as US, Iran inch closer to deal

TazaPulseJune 13, 2026

MUMBAI: As talks of a peace deal in West Asia revived on Thursday night, sending Dow Jones up over 900 points and pulling Brent crude prices below the $90-per-barrel mark, the rub-off effect was felt on Dalal Street on Friday. Sensex, after rising more than 1,000 points in early trades, and dipping slightly mid-session, closed...

natarajan chandrasekaran tata sons chairman portrait

Despite rocky year, Tata Sons records high profit growth

TazaPulseJune 13, 2026

Tata Motors chairman N Chandrasekaran MUMBAI: Tata Sons’ board met on Friday to approve the company’s financial results for the year ended March 31, 2026, recommending a dividend to equity shareholders, even as it kept chairman N Chandrasekaran’s reappointment off the agenda for a second consecutive time.“The board stuck to the agenda and there was...

uk inflation falls to 32 before bank of england rate decision

Retail inflation inches up to 5-month high in May

TazaPulseJune 13, 2026

NEW DELHI: Retail inflation based on consumer price index (CPI) inched up for the fourth consecutive month to 3.9% in May from 3.5% in April on account of acceleration in food prices, data released by NSO on Friday showed. The food index rose 4.8% in May, above 4.2% in the preceding month.Despite the staggered increase...

google goes all out to sell ai to sceptics

AI overload: CVs no more a selling point

TazaPulseJune 13, 2026

MUMBAI: In a world where people are increasingly relying on AI tools, companies have a new hiring challenge: AI-generated resumes. Firms are finding it difficult to select candidates for job roles from a flood of CVs that look alike, making soft skills more valuable than ever, said Nicholas Kirk, CEO at recruitment firm Michael Page.The...

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Paramount-WBD merger wins approval from DOJ, source says

TazaPulseJune 13, 2026

Paramount Skydance CEO David Ellison speaks on stage during the Paramount Pictures presentation at CinemaCon at The Colosseum at Caesars Palace in Las Vegas, April 16, 2026. Valerie Macon | AFP | Getty Images The U.S. Department of Justice has signed off on Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, a person familiar with...

Centre opens radio spectrum to accelerate deployment of vehicle collision-avoidance systems

TazaPulseJune 12, 2026

New Delhi: Govt has de-licenced radio spectrum used for automotive radar and vehicle-to-everything (V2X) communications, paving the way for wider deployment of advanced road-safety technologies and collision-avoidance systems.Department of telecommunications (DoT) has issued two notifications de-licencing the 77-81 GHz band used for automotive radar systems and the 5.9 GHz band used for V2X communications that...

Rupee rebounds 67 paise to 95.18 against US dollar as oil prices tumble on Iran deal hopes

TazaPulseJune 12, 2026

The rupee surged 67 paise to close at 95.18 against the US dollar on Friday, supported by a sharp fall in global crude oil prices after US President Donald Trump signalled that a deal with Iran could be imminent, PTI reported.A positive trend in domestic equity markets and weakness in the US currency further aided...