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Tag: business news

Kenvue CEO says consumers are spending on brand-name health products even as they pull back in other areas

Posted on July 21, 2023 By Admin No Comments on Kenvue CEO says consumers are spending on brand-name health products even as they pull back in other areas
Kenvue CEO says consumers are spending on brand-name health products even as they pull back in other areas

Thibaut Mongon, CEO of Kenvue Inc. a Johnson & Johnson’s consumer-health business, speaks during an interview to celebrate its IPO at the New York Stock Exchange (NYSE), May 4, 2023. Brendan Mcdermid | Reuters Most consumers have pulled back on spending as inflation squeezes their wallets, but they have not stopped paying up for brand-name…

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Health

HDFC Bank becomes 2nd most valuable company; TCS falls to 3rd place – Times of India

Posted on July 20, 2023 By Admin No Comments on HDFC Bank becomes 2nd most valuable company; TCS falls to 3rd place – Times of India
HDFC Bank becomes 2nd most valuable company; TCS falls to 3rd place – Times of India

NEW DELHI: HDFC Bank on Thursday became the second most valuable company by market capitalisation, overtaking IT behemoth Tata Consultancy Services.At the close of trade, HDFC Bank, which recently completed the merger of its mortgage financier parent HDFC into itself, commanded a market capitalisation (mcap) of Rs 12,72,718.60 crore, which was Rs 5,826.95 crore more…

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Business

Government to hire agency to estimate size of digital economy – Times of India

Posted on July 9, 2023 By Admin No Comments on Government to hire agency to estimate size of digital economy – Times of India
Government to hire agency to estimate size of digital economy – Times of India

NEW DELHI: The government is planning to hire an agency to measure the actual size of the digital economy which is estimated to be around USD 1 trillion by 2025, according to an official document.The selected agency will be roped in for a period of nine months for the assignment.The agency will need to submit…

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Business

Medicare will pay for Alzheimer’s drug Leqembi. What patients and doctors should know

Posted on July 8, 2023 By Admin No Comments on Medicare will pay for Alzheimer’s drug Leqembi. What patients and doctors should know
Medicare will pay for Alzheimer’s drug Leqembi. What patients and doctors should know

The Alzheimer’s drug Leqembi is seen in this undated handout image obtained by Reuters on January 20, 2023. Eisai | via Reuters Medicare has agreed to pay for the Alzheimer’s treatment Leqembi, a major turning point for patients who are diagnosed with the early stages of the disease. Leqembi is the only drug on the…

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