US major BlackRock largest investor in Adani Group’s $750 million bond issue

New Delhi, April 10 (IANS) US-based leading asset manager BlackRock is the largest investor in $750 million private bond issuance by the Indian behemoth Adani Group, informed sources said on Thursday. According to people close to the matter, BlackRock’s move marks its first private placement in India’s infrastructure sector. BlackRock’s involvement also signals that it…

Cipla gets USFDA nod for generic cancer drug

Cipla’s protein-bound paclitaxel is a generic therapeutic equivalent version of Bristol Myers Squibb’s Abraxane for injectable suspension 100 mg/vial | Photo Credit: DANISH SIDDIQUI Drug major Cipla on Friday said it has received approval from the US health regulator to market a generic cancer treatment drug. The company has received the final approval from the…

Wall Street ends sharply lower as tariff risks send investors fleeing

| Photo Credit: Brendan McDermid Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of U.S. President Donald Trump’s multi-front tariff war. All three major U.S. stock indexes suffered steep losses, forfeiting much of the previous session’s gains as growing concerns over the escalating Washington-Beijing trade face-off dampened optimism over upbeat…