India’s Emcure Pharma eyes $500m IPO next year

India’s Emcure Pharmaceuticals aims to raise $400-500 million from an initial public offering planned for next year, two sources said, reviving listing plans the drugmaker shelved in early 2022 as the Ukraine war roiled global markets. Emcure, backed by private equity firm Bain Capital, has hired investment banks JP Morgan, Jefferies and Kotak for the… Continue reading India’s Emcure Pharma eyes $500m IPO next year

United Names New Chief Financial Officer

Michael Leskinen promoted to CFO and Executive Vice President; also becomes member of airline’s Executive Team CHICAGO, Sept. 22, 2023 /PRNewswire/ — United Airlines today announced that Michael Leskinen has been promoted to Chief Financial Officer and Executive Vice President. In his new role, he will oversee corporate finance, treasury, financial planning and analysis, tax, accounting, investor relations,… Continue reading United Names New Chief Financial Officer

article with gallery

LONDON, Sept 22 (Reuters) – Major drugmakers are using artificial intelligence to find patients for clinical trials quickly, or to reduce the number of people needed to test medicines, both accelerating drug development and potentially saving millions of dollars. Human studies are the most expensive and time-consuming part of drug development as it can take… Continue reading article with gallery

Global Unmanned Composites Market Strategy Analysis Report 2022-2023 & 2030: Carbon Fiber Reinforced Polymer (CFRP) to Account for $2.9 Billion of the Total $5.3 Billion Market

DUBLIN, Sept. 20, 2023 /PRNewswire/ — The “Unmanned Composites: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. Global Unmanned Composites Market to Reach $5.3 Billion by 2030 The global market for Unmanned Composites estimated at US$1.7 Billion in the year 2022, is projected to reach a revised size of US$5.3 Billion by 2030, growing… Continue reading Global Unmanned Composites Market Strategy Analysis Report 2022-2023 & 2030: Carbon Fiber Reinforced Polymer (CFRP) to Account for $2.9 Billion of the Total $5.3 Billion Market

Market automation firm Klaviyo valued at $9.2b after pricing IPO above range

Marketing automation company Klaviyo Inc secured a valuation of $9.2 billion in its initial public offering (IPO) on Tuesday, the company said, after pricing the share sale above its indicated range. Klaviyo said it priced 19.2 million shares at $30 apiece. It had raised its indicated IPO price range from $25-27 per share to $27-29… Continue reading Market automation firm Klaviyo valued at $9.2b after pricing IPO above range

Torrent Pharma in talks to borrow up to $1b from Apollo Global for Cipla bid: report

India’s Torrent Pharmaceutical is in preliminary talks with Apollo Global Management to secure a loan of up to $1 billion to help fund a planned bid for Cipla, two people briefed on the discussions said. Torrent is hoping to secure roughly $3 billion to $4 billion in financing for the bid for its much bigger rival, they said.… Continue reading Torrent Pharma in talks to borrow up to $1b from Apollo Global for Cipla bid: report

India’s Torrent Pharma in talks with CVC, Bain to raise up to $1.5b to bid for CiplaTorrent and Blackstone both have submitted non-binding bids for Ci…

India’s Torrent Pharmaceuticals is in talks with private equity funds CVC Capital Partners and Bain Capital to raise up to $1.5 billion to bid for India’s Cipla, according to three sources with direct knowledge of the matter. Torrent and Blackstone are among those interested in acquiring a stake in Cipla, India’s third-biggest drugmaker by sales, in… Continue reading India’s Torrent Pharma in talks with CVC, Bain to raise up to $1.5b to bid for CiplaTorrent and Blackstone both have submitted non-binding bids for Ci…

Incode Technologies and Aristotle Reinvent Identity and Age Verification in the Gambling Sector

Incode and Aristotle’s integration offers online users next-level speed and ease through combined solution  SAN FRANCISCO, Sept. 18, 2023 /PRNewswire/ — Incode Technologies Inc., a leading provider of world-class identity verification and authentication solutions for global enterprises, today announced a partnership with Aristotle Integrity, a leader in identity, KYC and anti-fraud services. Now, Aristotle can… Continue reading Incode Technologies and Aristotle Reinvent Identity and Age Verification in the Gambling Sector

Clean Technica: Elon Musk & Other Techies Educate US Senators About AI Basics003005

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! It was an interesting list of invited guests: X CEO Elon Musk, Meta Platforms CEO Mark Zuckerberg, Alphabet CEO Sundar Pichai, Nvidia CEO Jensen Huang, Microsoft CEO Satya Nadella, IBM CEO Arvind Krishna, former Microsoft CEO Bill Gates, and… Continue reading Clean Technica: Elon Musk & Other Techies Educate US Senators About AI Basics003005

How six Ferraris appeared on the 2023 Detroit auto show floor

Detroit — The Detroit auto show is showcasing an exotic car display for the first time during public days. The Detroit Auto Dealers Association dutifully pulled Porsches, Astons, and McLarens from local dealers. But they really wanted their first exotic car stable to really pop. So they called up Lauren Mendelson, a Metro Detroit car… Continue reading How six Ferraris appeared on the 2023 Detroit auto show floor