A billionaire ally of Narendra Modi has seen the value of his industrial empire crash by one trillion rupees (£9.7bn) after initial counts indicated that the result of the Indian general election was closer than expected.
It is first time the infectious disease expert has publicly testified since leaving the White House in 2022.
Tencent-backed artificial intelligence (AI) drug researcher QuantumPharm is raising up to HK$1.13 billion (US$144.5 million) in a Hong Kong initial public offering (IPO) from Tuesday, eyeing the first listing under a new regime for pre-revenue specialist technology firms that was introduced more than a year ago. The Shenzhen-headquartered company, also known as XtalPi, is offering 187.37 million shares at HK$5.03 to HK$6.03 each. The shares will start trading on June 13. QuantumPharm is one of o