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<ul><li>The agrochemical company <keyword id="13053010" type="General" weightage="100" keywordseo="dharmaj-crop-guard" source="Orion">Dharmaj Crop Guard</keyword> is likely to announce its share allotment status on December 5. </li><li>Overall, the IPO saw decent demand from investors amidst volatile market conditions, being subscribed 35.49 times. </li><li>The shares will be listed on December 8 on the exchanges. </li></ul>The agrochemical company Dharmaj Crop Guard is likely to announce the allotment status of its initial public offering (IPO) on Monday, December 5. Overall, the IPO received decent demand from investors amidst volatile market conditions, being subscribed 35.49 times. The qualified institutional buyer portion was subscribed 48.21 times. The portion reserved for non-institutional investors witnessed a subscription of 52.29 times. The retail portion, on the other hand, was subscribed 21.53 times. The grey market premium (GMP) for the company’s shares stood at ₹55 per share. The Ahmedabad-based agrochemical company distributes and markets insecticides, fungicides, herbicides, plant growth regulators, micro fertilisers and antibiotics to the B2B and B2C segments. Here is how to check <keyword id="15699155" type="General" weightage="20" keywordseo="Dharmaj-Crop-Guard-IPO-allotment-status" source="Orion">Dharmaj Crop Guard IPO allotment status</keyword> on the stock exchange websites: <ul><li>Go to the <a href="https://www.bseindia.com/investors/appli_check.aspx">BSE website</a> or NSE website<a href="https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp"> here</a>. </li><li>On <keyword id="35140" type="General" weightage="50" keywordseo="bse" source="Orion">BSE</keyword>, Select 'Equity' and then from the dropdown, select ‘Dharmaj Crop Guard’. </li><li>Now, enter your application number and PAN. </li><li>Click on 'Search'. </li><li>Please note the details will only be available once the shares are allotted. </li></ul>You can also visit the registrar website (Link Intime India) to check your application status. <ul><li>Visit the registrar's website <a href="https://linkintime.co.in/MIPO/Ipoallotment.html">here</a>. </li><li>Click on 'Select company' and click on ‘Dharmaj Crop Guard’. </li><li>Once the company is selected, you will have to enter either your PAN details, the application number, or the client ID. </li><li>Enter the captcha code and click ’submit’. </li></ul>Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/bank-of-baroda-expects-25-35-basis-points-rate-hike-from-dec-5-7-rbi-policy-meet/articleshow/95992359.cms">Bank of Baroda expects 25-35 basis points rate hike from Dec 5-7 RBI policy meet</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/this-mumbai-startup-is-making-tearable-laundry-sheets-bamboo-based-facial-tissues-and-more-to-replace-plastic/articleshow/95946533.cms">This Mumbai startup is making tearable laundry sheets, bamboo-based facial tissues and more to replace plastic</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/news/govt-approves-pli-scheme-for-making-drones-with-outlay-of-rs-120-cr-comes-out-with-norms/articleshow/95981288.cms">Govt approves PLI scheme for making drones with outlay of Rs 120 cr, comes out with norms</a>

Dharmaj Crop Guard IPO : Here’s how you can check the allotment status

<ul><li>The company said in a statement that it "had to take the tough decision to let go 150 of our team members".</li><li>The platform offered a severance package of two months to the laid-off employees, with two weeks per year served at the startup.</li><li>According to the company, it caters to more than 30 million users in over 300 cities with over 2,000 coaches.</li></ul>Leading AI health and fitness platform <keyword id="2698623" type="General" weightage="100" keywordseo="healthifyme" source="Orion">HealthifyMe</keyword> has sacked at least 150 employees as the company's growth did not "keep pace with expectations and hiring". The company has a physical presence in Bengaluru, Delhi, Mumbai, Chennai and Singapore. The company said in a statement that it "had to take the tough decision to let go 150 of our team members". "Like much of tech, growth hasn't kept pace with expectations and hiring," the company added. The platform offered a severance package of two months to the laid-off employees, with two weeks per year served at the startup. "As a part of our severance and support to those impacted, we will offer 2 months' salary severance with 2 weeks per year served at HealthifyMe, vested stocks till March 2023, and medical insurance continuance till June 2023, along with counseling and outplacement support," said the company. According to the company, it caters to more than 30 million users in over 300 cities with over 2,000 coaches. The <keyword id="2534058" type="General" weightage="20" keywordseo="healthtech" source="Orion">healthtech</keyword> platform in July this year raised $75 million (nearly Rs 560 crore) in a Series C round led by <keyword id="15700419" type="General" weightage="50" keywordseo="leapfrog-and-khosla-ventures" source="Orion">LeapFrog and Khosla Ventures</keyword>. The company aimed to use the funds to expand in <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword> and <keyword id="53564" type="General" weightage="50" keywordseo="southeast-asia" source="Orion">Southeast Asia</keyword>, make inroads into <keyword id="6378080" type="General" weightage="50" keywordseo="north-america" source="Orion">North America</keyword> as well as to acquire relevant companies in the digital health and fitness space. "We are already the market leaders in India and Southeast Asia and by combining AI and human empathy, we can deliver results in weight and lifestyle disease management at a fraction of the cost possible today," Tushar Vashisht, Co-founder and CEO, HealthifyMe, had said in a statement. While HealthifyMe's base has been India, it has been expanding internationally and now nearly 25 per cent of its revenues come from outside the country like Malaysia and Singapore, it had said in July. The company had also said to hire over 1,000 trainers and coaches this year. "We are also undergoing an evolution with our new vision around metabolic health (HealthifyMe 2.0) which requires different resources. In view of this and changing market dynamics, it made sense for us to steer toward profitability, despite a comfortable runway," the company spokesperson said in the latest statement. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/news/ayushmann-khurranas-doctor-g-set-for-ott-debut-on-netflix/articleshow/95995391.cms">Ayushmann Khurrana's 'Doctor G' set for OTT debut on Netflix</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/expect-nifty-to-end-the-december-series-on-a-positive-note-reach-a-target-of-18900-19000-says-r-venkataraman-of-iifl-securities/articleshow/95992944.cms">Expect Nifty to end the December series on a positive note, reach a target of 18,900-19,000, says R Venkataraman of IIFL Securities</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/dharmaj-crop-guard-ipo-how-you-can-check-the-allotment-status/articleshow/95992589.cms">Dharmaj Crop Guard IPO : Here’s how you can check the allotment status</a>

HealthifyMe sacks about 150 employees, says growth didn't keep pace with hiring

<ul class="summary-list"><li>This post originally appeared in the Insider Today newsletter.</li></ul>Halfway there! Hats off to this Danish artist for trying to get away with <a style="text-decoration: underline;" href="https://www.businessinsider.com/artist-paid-empty-frames-take-the-money-run-ordered-repay-2023-9">getting paid for two blank canvases</a> titled "Take the Money and Run."In today's big story, former Goldman Sachs partners explain what led them to <a style="text-decoration: underline;" href="https://www.businessinsider.com/goldman-sachs-david-solomon-ceo-partners-departures-strategy-2023-9">leave their prestigious positions</a> within the bank. What's on deck: <ul><li>Markets: What Instacart and Arm's public debuts mean for the <a style="text-decoration: underline;" href="https://markets.businessinsider.com/news/stocks/instacart-arm-ipo-stock-market-news-shares-public-trading-valuation-2023-9">rest of the IPO market</a>.</li><li>Tech: A conference that played a <a style="text-decoration: underline;" href="https://www.businessinsider.com/cerebral-valley-ai-conference-spawned-1-billion-deal-is-back-2023-9">key role in the AI boom</a> returns.</li><li>Business: Private investors are going <a style="text-decoration: underline;" href="https://www.businessinsider.com/luxury-college-dorms-student-housing-cost-crisis-rents-wall-street-2023-9">all in on college housing</a>.</li></ul>But first, it's not you; it's me.If this was forwarded to you, <a href="https://www.businessinsider.com/subscription/newsletter/insider-today">sign up here.</a><h2>The big story</h2>Goldman goodbye<a href="https://www.businessinsider.com/goldman-sachs-david-solomon-ceo-partners-departures-strategy-2023-9"></a><div type="image" title="David Solomon answering tough questions at Goldman's 2023 investor day" height="469" width="844" msid="103815439" hostid="261" sizebytes="8848"></div>Royalty doesn't exist in an official capacity on Wall Street, but Goldman Sachs' partnership is about as close as it gets to one. The group of roughly 400 is the cream of the crop of the cream of the crop, representing about 1% of the prestigious investment bank's entire workforce.Such a high bar is bound to come with some nice perks, <a style="text-decoration: underline;" href="https://www.businessinsider.com/goldman-sachs-is-about-to-promote-another-round-of-partners-2022-10">which it does</a>, but it's more than adding zeros to the bank account. (Although that doesn't hurt.) Partner status comes with a certain cachet across the Street: This person is the real deal. With that in mind, why does it seem like so many partners have headed for the exits recently? A recent Insider investigation by Dakin Campbell and Emmalyse Brownstein found that <a style="text-decoration: underline;" href="https://www.businessinsider.com/goldman-sachs-david-solomon-ceo-partners-departures-strategy-2023-9">at least 202 partners</a> have left the firm during CEO David Solomon's <a style="text-decoration: underline;" href="https://www.businessinsider.com/latest-goldman-sachs-news-2019-5">volatile five-year tenure</a>. But Dakin didn't stop there, interviewing six partners about <a style="text-decoration: underline;" href="https://www.businessinsider.com/goldman-sachs-david-solomon-ceo-partners-departures-strategy-2023-9">what led them to leave</a>. The conversations provide a fascinating glimpse into a person's rationale for leaving a role some consider to be the pinnacle of the field. And while Solomon's strategic missteps were a key talking point for many, not all the former partners bashed the CEO. Some defended their old boss to Dakin, pointing to the number of changes he's taken on during his tenure.The bank, meanwhile, has long pushed back on the notion of a partner exodus, explaining the turnover as the natural changing of the guard and pointing to an increase in the average tenure of partners.But much of the interest around partner exits isn't just about how many partners have left. It's also about which ones have gone. This year alone <a style="text-decoration: underline;" href="https://www.businessinsider.com/goldmans-julian-salisbury-is-heading-to-sixth-street-after-25-years-2023-7">Julian Salisbury</a>, once considered a <a style="text-decoration: underline;" href="https://www.businessinsider.com/profile-of-julian-salisbury-goldman-sachs-2022-2">CEO contender</a>, and <a style="text-decoration: underline;" href="https://www.businessinsider.com/goldman-sachs-partners-leaving-dina-powell-mccormick-fred-baba-layoffs-2023-5">Dina Powell McCormick</a>, one of the most senior women at the bank, both departed. Even new entrants to the partnership aren't sticking around. Fred Baba, considered a <a style="text-decoration: underline;" href="https://www.businessinsider.com/rising-stars-wall-street-investing-trading-dealmaking-2020-9#frederick-baba-31-goldman-sachs-8">rising star at the bank</a>, left less than six months after <a style="text-decoration: underline;" href="https://www.businessinsider.com/fred-baba-speaking-up-about-racism-leaving-goldman-sachs-2023-5">being named a partner</a>. One former partner noted broader exits at the firm could boil down to flushing out the people who weren't willing to back Solomon's vision. But how many of those people are still at the firm? Ahead of Solomon taking the reins from Lloyd Blankfein back in 2018, Dakin compiled a list of executives in <a style="text-decoration: underline;" href="https://www.businessinsider.com/david-solomon-goldman-sachs-inner-circle-management-team-dozen-2018-7">Solomon's inner circle</a> and key members of his broader management team. Fast forward to today, and roughly half of Solomon's ardent supporters have since left.<h2>3 things in markets</h2>Before the opening bell: US <a style="text-decoration: underline;" href="https://markets.businessinsider.com/premarket">stock futures</a> are flat Wednesday ahead of the Fed's <a style="text-decoration: underline;" href="https://www.businessinsider.com/will-fed-raise-interest-rates-this-week-2023-9">interest-rate decision</a>. <a href="https://www.businessinsider.com/instacart-ipo-billions-sequoia-2023-9"></a><div type="image" title="Apoorva Mehta Daniel Sundheim Michael Moritz" height="1080" width="1440" msid="103815440" hostid="261" sizebytes="108366"></div>1. Here's who got paid on Instacart's IPO. From Sequoia Capital and D1 Capital Partners to Instacart's cofounders and management team, here's the <a style="text-decoration: underline;" href="https://www.businessinsider.com/instacart-ipo-billions-sequoia-2023-9">value of the stakes of various key shareholders</a>. The grocery brand's $660 million IPO, and Arm's big debut last week, could point to a <a style="text-decoration: underline;" href="https://markets.businessinsider.com/news/stocks/instacart-arm-ipo-stock-market-news-shares-public-trading-valuation-2023-9">thawing of the public markets</a> in 2024.2. The key signals to watch to get ahead of the market. A note from Northwestern Mutual Wealth Management's chief investment officer highlighted six indicators, like small business optimism and consumer sentiment, that give a sense of the <a style="text-decoration: underline;" href="https://markets.businessinsider.com/news/stocks/us-economy-outlook-fed-meeting-recession-signals-inflation-unemployment-savings-2023-9">health of the US economy</a>.3. How to avoid sky-high mortgage rates. Real-estate investors pointed to <a style="text-decoration: underline;" href="https://www.businessinsider.com/mortgage-interest-rates-low-creative-strategies-seller-financing-housing-market-2023-9">seller financing and subject-to-financing</a> as two workarounds. Both options offer more flexibility with rates but require more direct negotiating with the seller.<h2>3 things in tech</h2><a href="https://www.businessinsider.com/instacart-founder-apoorva-mehta-ipo-2023-9"></a><div type="image" title="Apoorva Mehta instacart" height="3836" width="5115" msid="103815442" hostid="261" sizebytes="501088"></div>1. Instacart founder Apoorva Mehta's bittersweet IPO. Going public typically means a victory lap for most startup founders. But Mehta had a messy dispute with some of the company's largest investors. So once Instacart completes its IPO, <a style="text-decoration: underline;" href="https://www.businessinsider.com/instacart-founder-apoorva-mehta-ipo-2023-9">Mehta will walk away</a> from "the one thing [he has] thought about for every waking minute of the last decade."2. The data is in — ChatGPT is mainly a tool for cheating on homework. When the summer began, web traffic to ChatGPT suddenly fell. Now that school is back, its traffic also rebounded, <a style="text-decoration: underline;" href="https://www.businessinsider.com/school-is-back-chatgpt-mainly-tool-cheating-homework-2023-9">confirming the theory</a>.3. Welcome back to Cerebral Valley. The Cerebral Valley AI Summit version 2.0 — also called CVAI2 — is coming back for a second year. Last year, it was responsible for <a style="text-decoration: underline;" href="https://www.businessinsider.com/cerebral-valley-ai-conference-spawned-1-billion-deal-is-back-2023-9">igniting a $1.3 billion generative AI deal</a>.<h2>3 things in business</h2><a href="https://www.businessinsider.com/luxury-college-dorms-student-housing-cost-crisis-rents-wall-street-2023-9"></a><div type="image" title="A house falling on top of a college student" height="1500" width="2000" msid="103815445" hostid="261" sizebytes="31750"></div>1. Private investors are jacking up rents and ripping off college students. Student housing now goes beyond on-campus dorms, small apartments, and shared houses. Private companies are now turning college life into a luxurious experience. But it comes with an <a style="text-decoration: underline;" href="https://www.businessinsider.com/luxury-college-dorms-student-housing-cost-crisis-rents-wall-street-2023-9">eye-popping price tag</a>.2. The intense, 17-hour days of the American Express CEO. Steve Squeri spends about three hours per day answering emails. Squeri leaves his home <a style="text-decoration: underline;" href="https://www.businessinsider.com/american-express-ceo-works-17-hours-days-amex-steve-squeri-2023-9">around 15 minutes after waking up</a> and reportedly eats a Chopt salad at his desk every day for lunch.<a style="text-decoration: underline;" href="https://insider.com" target="_blank" rel="noopener"></a>3. How All Elite Wrestling turned into WWE's biggest competitor. AEW launched in 2019, and its owner Tony Khan <a style="text-decoration: underline;" href="https://www.insider.com/aew-owner-tony-khan-interview-firing-cm-punk-2023-9">is revealing how he grew his company</a>. The road to success included weekly TV shows, sold-out pay-per-views, and working more than 80 hours per week.<h2>In other news</h2><a href="https://www.businessinsider.com/read-lauren-boebert-incident-report-from-beetlejuice-performance-2023-9"></a><div type="image" title="Lauren Boebert" height="682" width="910" msid="103815446" hostid="261" sizebytes="28912"></div><ul><li>Read the full incident report from Lauren Boebert's <a style="text-decoration: underline;" href="https://www.businessinsider.com/read-lauren-boebert-incident-report-from-beetlejuice-performance-2023-9" target="_blank" rel="noopener">infamous night</a> at the theater.</li><li>Google is trying to turn its AI chatbot into a <a style="text-decoration: underline;" href="https://www.businessinsider.com/google-ai-bard-chatbot-gmail-maps-youtube-integration-2023-9">personal assistant</a>.</li><li>Side-by-side photos show the major changes that SpaceX made to its <a style="text-decoration: underline;" href="https://www.businessinsider.com/photos-how-spacex-changed-starship-mega-rocket-explosion-elon-musk-2023-9">Starship rocket system</a>.</li><li>A tourist outraged by her $1,000 restaurant bill called <a style="text-decoration: underline;" href="https://www.insider.com/tourist-outraged-1000-seafood-chili-crab-restaurant-bill-called-police-2023-9" target="_blank" rel="noopener">the police</a>.</li><li>X users <a style="text-decoration: underline;" href="https://www.businessinsider.com/x-users-paywall-quit-app-elon-musk-twitter-2023-9">threaten to quit the website</a> after Elon Musk suggested users might have to pay to use it.</li><li>Stylists revealed the <a style="text-decoration: underline;" href="https://www.insider.com/clothes-and-accessories-going-out-of-style-this-fall-2023-9">12 items you should ditch</a> from your fall wardrobe.</li><li>Company <a style="text-decoration: underline;" href="https://www.businessinsider.com/meta-brings-back-happy-hours-and-company-swag-2023-9">perks are coming back</a> to Meta after a year of cost-cutting.</li><li>AI researchers at Microsoft accidentally leaked <a style="text-decoration: underline;" href="https://www.businessinsider.com/microsoft-ai-researchers-accidentally-leaked-company-passwords-2023-9">company passwords and 30,000 internal Teams messages</a>.</li><li>Twitter laid off several <a style="text-decoration: underline;" href="https://www.businessinsider.com/new-twitter-layoffs-hit-trust-and-safety-workers-again-2023-9">trust and safety employees</a></li></ul><h2>What's happening today</h2><ul><li>The Fed will announce whether it will raise interest rates again or <a style="text-decoration: underline;" href="https://www.businessinsider.com/will-fed-raise-interest-rates-this-week-2023-9">implement a pause</a>.</li><li>U.S. Attorney General Merrick Garland is set to testify before the House Judiciary Committee.</li><li>It's spooky season: A new season of "American Horror Story" debuts on FX. This season features Kim Kardashian.</li><li>Earnings today: FedEx, General Mills, <a style="text-decoration: underline;" href="https://markets.businessinsider.com/earnings-calendar">and other companies</a>.</li></ul><h2>For your bookmarks</h2>European property<a href="https://www.businessinsider.com/9-cheapest-european-cities-for-expats-to-buy-property-2023-9"></a><div type="image" title="Homes and a river in Mostar, Bosnia and Herzegovina" height="5301" width="7068" msid="103815448" hostid="261" sizebytes="2879656"></div>The nine cheapest European cities to buy property. The list includes cities in <a style="text-decoration: underline;" href="https://www.businessinsider.com/9-cheapest-european-cities-for-expats-to-buy-property-2023-9">Greece, Bulgaria, and Moldova</a>.The Insider Today team: <a href="https://www.businessinsider.com/author/dan-defrancesco">Dan DeFrancesco</a>, senior editor and anchor, in New York City. <a href="https://www.businessinsider.com/author/diamond-naga-siu">Diamond Naga Siu</a>, senior reporter, in San Diego. <a href="https://www.businessinsider.com/author/hallam-bullock">Hallam Bullock</a>, editor, in London. <a href="https://www.businessinsider.com/author/lisa-ryan">Lisa Ryan</a>, executive editor, in New York.

Insider Today: Ex-Goldman partners dish

<ul><li>GLP1 receptor agonists and SGLT2 inhibitors — are the new types of drugs which have been found to be effective in helping diabetics lose weight. </li><li>These drugs remove glucose from the body via urinary excretion, thereby removing calories from the body. </li><li><keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> has only one approved <keyword id="6358794" type="General" weightage="20" keywordseo="weight-loss" source="Orion">weight loss</keyword> drug and that too is very mild, doctors say and helps lose only 4% of body weight. </li></ul>People who take diabetic drugs often witness changes in their body weight during the course of their treatment. However, new anti-diabetic drugs coming in the market are found to be very effective in weight loss, in addition to controlling blood glucose levels. Does that mean these drugs can be used for the purpose they are not originally intended – only for weight loss? The world’s richest man and the new owner of Twitter, <keyword id="6355315" type="General" weightage="80" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> seems to think so. <div type="twitter" handle="elonmusk" handlename="Elon Musk" image="http://pbs.twimg.com/profile_images/1590968738358079488/IY9Gx6Ok_normal.jpg" favoritecount="4414" retweetcount="287" status="@teslaownersSV @chicago_glenn @stillgray @dcherring @nichegamer Fasting + Ozempic/Wegovy + no tasty food near me" createdat="1668580581000" id="1592768518050574336"></div> In a tweet, he credited <keyword id="14638097" type="General" weightage="80" keywordseo="wegovy" source="Orion">Wegovy</keyword> as his secret of losing over 13 kilos. Wegovy is an injectable type-2 <keyword id="6359018" type="General" weightage="20" keywordseo="diabetes" source="Orion">diabetes</keyword> drug by Novo Nordisk, which is also indicated for weight loss. How do these drugs cause weight loss? Apart from the injectable, GLP1 receptor agonists and SGLT2 inhibitors are other types of diabetic drugs available in the market that have been found to be effective for weight loss. “These drugs act through various mechanisms, for instance, they work by increasing the removal of glucose from the body via urinary excretion, thereby leading to the loss of calories from the body,” Dr Brij Mohan <keyword id="76127" type="General" weightage="80" keywordseo="makkar" source="Orion">Makkar</keyword>, senior diabetologist, president RSSDI told Business Insider India. According to <keyword id="15635207" type="General" weightage="80" keywordseo="dr-makkar" source="Orion">Dr Makkar</keyword>, Inj Semaglutide 2.4 mg (Wegovvy), which is FDA-approved and is a GLP1 receptor agonist, is said to be the most popular anti-diabetic weight loss drug. Inj Semaglutide drug acts on the brain to reduce appetite, slow gastric emptying, and reduce blood pressure to some extent, all of which have favourable effects on the metabolism. This drug suppresses appetite through its action on the brain, which gives a feeling of fullness. “The drug has been studied in many clinical trials and found safe. The injection needs to be taken once a week and continued for the long term,” Dr Makkar said. He also believes that they do not cause major side effects. “The side effects, if any, are usually mild and subside shortly after treatment initiation,” he added. Are they affordable? In addition to weight loss, anti-diabetic drugs help control other metabolic diseases too. GLP1 receptor agonists and SGLT2 inhibitors also help protect against cardiovascular events. “These classes of drugs showed cardiovascular benefits in studies,” Dr Reddy added. SGLT2 drugs also help in preventing heart failures and are now being used as the first treatment by cardiologists, even among non-diabetics, according to Dr Mohan. Other drugs like <keyword id="123712" type="General" weightage="80" keywordseo="metformin" source="Orion">Metformin</keyword> (Biguanide family),Glucosidase inhibitors are found to be effective in losing weight. “Metformin remains the primary treatment in type 2 Diabetes. Its mechanism is at central hypothalamic and peripheral gastrointestinal effects glucosidase inhibitor by delaying carbohydrate absorption from gastrointestinal tract,” Dr Somashekara Reddy, consultant - diabetology &amp; endocrinology, Fortis Hospitals, Bangalore told Business Insider India. Another diabetic drug called Liraglutide is recommended by doctors for purely weight loss in many countries like the USA, even among non-diabetics, Dr Mohan added. However, none of the SGLT2 inhibitors have received approval for weight loss so far, in India. Weight loss drugs themselves are few in India. “Currently, only one approved weight loss drug is available in India, and it acts by blocking the absorption of fat. But the drawback is that it is a very mild drug and helps in losing only about 4% of the body weight. It acts differently than diabetes weight loss drugs,” Dr Makkar said. Dr Mohan also highlighted that these two classes of drugs – GLP1 and SGLT2 agent drugs — are highly expensive and beyond the reach of a common man. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/indian-markets-open-lower-amid-unrest-in-china-over-zero-covid-paytm-adani-transmission-hero-motocorp-in-focus/articleshow/95815834.cms">Indian markets open lower amid unrest in China over zero-Covid: Paytm, Adani Transmission, Hero MotoCorp in focus</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/canada-to-strengthen-visa-processing-capacity-in-delhi-and-chandigarh/articleshow/95815451.cms">Canada to strengthen visa processing capacity in Delhi and Chandigarh</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/dharmaj-crop-guard-ipo-10-things-to-know-before-subscribing-this-ipo/slidelist/95765888.cms">Dharmaj Crop Guard IPO – 10 things to know before subscribing</a>

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