Gland Pharma beat muted expectations for Q2FY25. There was increased Ebitda (Earnings before interest, taxes, depreciation and amortisation) loss at Cenexi, the CRAM subsidiary. However, overall Ebitda margin was better than expectations at 21.1 per cent. But given two years of earnings decline in FY23 and FY24, the business may have bottomed and upper-teens EPS (earnings per share) growth looks possible over next two financial years.
PCB Chairman Mohsin Naqvi said the Champions Trophy would be held entirely in Pakistan.
During the second day of the Test at Mount Maunganui, Rachin registered the highest score by a maiden century-maker in the history of New Zealand cricket.
Ravichandran Ashwin on Friday said he has liberated himself from the clutches of external and internal pressure, and now he is just looking to play cricket "with a smile on face."
If gratuity is not paid within 30 days of termination, the employer must pay interest as set by the central government.
Spinners became India's worst nightmare in their first bilateral series defeat against Sri Lanka since 1997.
Vivrant Sharma and Abid Mushtaq made contrasting fifties in Jammu and Kashmir's four-wicket win over Tripura on the third day of their Ranji Trophy Elite Group A match in Jammu on Friday.
The National Stock Exchange (NSE) on Wednesday created a world record with processing 1,971 crore transactions in a single day, its MD and CEO Ashishkumar Chauhan said. "@nseindia handled the highest ever - world record - number of transactions in a single day today on June 5, 2024, in a 6 hours and 15 minutes (915 am to 330 pm) single trading day - 1,971 crore (19.71 billion) orders per day. 28.55 crore (280.55 million) trades per day," Chauhan said on X platform (formerly Twitter).
The term of the current 17th Lok Sabha ends on June 16.
...'hum decide karenge kaun banega mukhyamantri. This decision is not to be taken in Mumbai.'
Described by the White House as a "big deal", the compromise announced by the group of top eight Senators proposes a path to citizenship for 11.5 million illegal immigrants.
Crypto exchange WazirX has said customers affected by the recent cyber attack will not be able to recover their full funds even as the firm looks to restructure. At a virtual press conference, the firm's advisor said at best the company might look to return 55-57 per cent of the money. "This is what can be returned to users with the benefit of this restructuring," said Jason Kardachi, managing director (restructuring), Kroll.
The first session will commence in the third week of June with the oath-taking by the newly elected candidates as members of the House, the sources said, adding the oath-taking is likely to continue for two days, following which a new Speaker will be elected.
Shares of healthcare services major Max Healthcare Institute have gained over 23 per cent since the start of this month and the stock crossed the Rs 1 trillion mark on September 24. On September 25, it closed 989.85 apiece at the NSE. The gains were cornered on the back of a strong outlook for the sector and aggressive expansion plans for the chain led by acquisitions and organic growth.
The BJP losing its outright majority and relying on allies to form a government could pose challenges for the more ambitious elements of reform agenda like land and labour, Fitch Ratings said in a note on Wednesday. Prime Minister Narendra Modi-led BJP lost its majority for the first time since 2014, winning 240 seats in the 543-seat Lok Sabha.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2024 after Game 46.
The gap between the haves and have-nots may actually be widening, the survey said, releasing the results of its recent opinion poll in which nearly three-fourths or 73 per cent of the respondents perceived corruption as being widespread in the government.
Competes with Nokia's Asha range and similar offerings from domestic firms like Micromax and Karbonn.
After a marathon polling process to elect the 18th Lok Sabha that lasted for a month and a half, the results were declared on Tuesday.
The Bharatiya Janata Party on Saturday pulled off a stunning performance in Maharashtra winning a record number of seats to propel the party-led ruling Mahayuti alliance to a landslide victory while the Indian National Developmental Inclusive Alliance (INDIA) stormed back to power in Jharkhand on the back of a spectacular showing by the Jharkhand Mukti Morcha.
The Labour Party in the UK secured 412 seats in the 650-member House of Commons in the general elections.
As the 240-seater prime minister attempts to moderate his image of hardline hero, he has made room for others to elbow in and that is what is happening. And that it what will continue to happen from inside the BJP, notes Aakar Patel.
Ten Indian fishermen, arrested for allegedly engaged in illegal fishing in the Sri Lankan waters on Monday, will be charged with the death of a Navy sailor, who was killed in an operation to seize their trawler, authorities in Colombo said.
'Those who opposed Ram, none of them was given power. Even all of them together were made number two. God's justice is true and enjoyable'
Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.
Rishabh Pant's fifty, Sarfaraz Khan's aggression give India B control on Day 3 of the Duleep Trophy in Bengaluru on Saturday
The Sensex finally ended with a gain of 240 points at 19,603. The Nifty gains 102 points at 5,865.
At this point it is still anyone's game, with a draw also an option, says Prem Panicker in his analysis of Day 4.
The Street will thus keep an eye on the operating profit margins over the next couple of quarters.
DLF sells wind turbine projects for Rs 240.9 cr
Net sales, however, rose marginally to Rs 21,551.9 crore for the quarter under review
Shreyas Iyer continued with his red-hot form, smashing a stroke-filled 233 to lead Mumbai to a massive 602/4 declared in their Ranji Trophy Elite Group A match against Odisha.
KC Tyagi also spoke on special status for Bihar, which has been a demand of the party and Bihar Chief Minister Nitish Kumar.
India's forex reserves jumped by $2.97 billion to $619.07 billion for the week ended February 23, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $1.13 billion to $616.10 billion. For the week ending February 23, the foreign currency assets, a major component of the reserves, increased by $2.40 billion to $548.19 billion.
The event was also attended by Vice President Jagdeep Dhankhar and Lok Sabha Speaker Om Birla.
The price band for the Rs 90 crore (Rs 900 million) initial public offer of Chandigarh-based Nectar Lifesciences has been fixed at Rs 200-Rs 240 per equity share of Rs 10 each.
Ekagrah Rohan Murty, NR Narayana Murthy's five-month-old grandson who was gifted a whopping 15 lakh shares by the Infosys founder recently, is set to earn Rs 4.20 crore, thanks to the Bengaluru-IT company declaring a bumper final and special dividend totalling Rs 28 per share. Murthy had gifted 15 lakh shares to Ekagrah valued at a staggering Rs 240 crore at that time, making the five-month-old the youngest millionaire shareholder of India's second-largest IT company.
'Just because the NDA has a majority and the BJP is the single largest party does not mean that this Modi government enjoys a majority in the Lok Sabha.' 'It is always possible that some members (of the NDA and even the BJP) may defect, some members may not want him to be the prime minister and they might vote differently (against Modi) in the confidence vote.'
