After registering a net profit of Rs 25.1 crore in Q3FY25 and consolidated revenues growing by 7 per cent on a like-for-like basis, Siddharth Mittal, chief executive officer (CEO) and managing director, Biocon, told Sohini Das/Business Standard in a virtual interaction that local manufacturing in the US is a trade off between cost and qualifying to do business there.
US President Donald Trump has said that the newly proposed 'gold card' initiative will allow American companies to hire Indian graduates from top US universities like Harvard and Stanford. Trump on Wednesday unveiled the 'gold card' initiative for wealthy foreigners, giving them the right to live and work in the country and offering a path to citizenship in exchange for a $5 million fee.
The disputed region witnessed clashes on Saturday between the police and activists of a rights movement, leaving at least one police official dead and injuring over 100 people, mostly policemen.
Food delivery and quick-commerce major Swiggy, which is coming out with its initial public offering (IPO) on Wednesday, is seeking a valuation of about $11.3 billion. The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will comprise a fresh issue of shares worth Rs 4,499 crore along with an offer for sale (OFS) of Rs 6,828 crore. Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue.
Arshdeep Singh and Yuzvendra Chahal were snapped up by Punjab Kings in a massive Rs 18 crore deals.
Various constituents of the INDIA bloc condemned Kejriwal's arrest and claimed that the BJP is scared of the outcome of the upcoming Lok Sabha polls and acting out of panic to create problems for the opposition.
Here's a closer look at the standout performances of the DC vs SRH match.
The first quarter has scored mostly flops, with just one blockbuster (Chhaava) and a smattering of those which have recovered costs.
Mumbai Indians, the five-time IPL champions, have a robust scouting system that unearths hidden gems from across the country.
'We need to raise the costs and consequences for Pakistan. It is long overdue. Our initial surgical strike was effective for about six months. Then, the Balakot strike provided a deterrent for perhaps two to three years. But we cannot operate under the assumption that such limited responses will suffice for decades to come.'
The Adani stock price saga will pass into public memory as one of those matters that simply escaped being nailed down, perhaps because too many vested interests were involved, notes Debashis Basu.
Bhagwat highlighted the vital role of families and warned that according to population science, if a society's total fertility rate dips below 2.1, it could face extinction.
Markets regulator Sebi has notified a stricter regulatory framework for small and medium enterprise (SME) IPOs by introducing a profitability requirement and capping a 20 per cent limit on offer-for-sale (OFS). The reforms aim to provide SMEs with a sound track record an opportunity to raise funds from the public while protecting investor interests. This move follows a rise in SME issues, which has driven significant investor participation.
'I am more optimistic about India than before.'
An hour before his bilateral meeting with Prime Minister Narendra Modi, Trump again commented on India's tariff structure, saying 'they have the highest tariffs' and 'it is a hard place to do business'.
At his former franchise Delhi Capitals, the captaincy became a point of contention, leading Pant to opt out of DC's retention plans after unsuccessful negotiations.
Pant admitted to feeling immense pressure as his name neared the top of the bidding list. He particularly dreaded being picked by the Punjab Kings, who possessed a massive purse.
Ahead of their planned protest in Chandigarh on March 5, several Samyukta Kisan Morcha (SKM) leaders were detained in early morning raids at their residences on Tuesday and Chief Minister Bhagwant Mann denounced the agitating farmer unions, saying they have turned Punjab into a 'state of dharnas' and caused huge losses to it.
Delhi Capitals had the bid at Rs 26 crore for him but PBKS raised the amount to get the player.
'If a franchise has released a player because they don't see him in their top four or five, then what gives them the right to jump in during an auction?'
The Supreme Court of India has ruled that courts should not hesitate to deny liberty to accused individuals in order to ensure a corruption-free society. The court's statement came while upholding the dismissal of an anticipatory bail plea in a corruption case against a public official. The court highlighted the dangers of corruption and emphasized that the presumption of innocence alone cannot be the sole consideration for granting bail in such cases.
All the action from La Liga and Serie A matches played on Sunday.
'If you compare the data from 2017 and 2023 of the US imports from the world and China, you will see that the US was a complete loser in the trade war, and China was a complete gainer.'
Ashutosh Sharma's late heroics earned Delhi Capitals a thrilling one-wicket win against Lucknow Super Giants on Monday.
Following the eviction of protesting farmers from the Shambhu border, Haryana security personnel began removing cemented barricades erected to prevent Punjab farmers from reaching Delhi. The Shambhu-Ambala road, closed for over a year, is being cleared with JCBs and other machinery. Meanwhile, the Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha announced dharnas outside deputy commissioners' offices in protest against the Punjab Police crackdown. The groups criticized the Aam Aadmi Party (AAP) government in Punjab for evicting the protesters and detaining farmer leaders on Wednesday. The police action was justified by Punjab Finance Minister Harpal Singh Cheema, who said industries and businesses were hit hard due to the prolonged closure of the highways. The protesting farmers, led by the Samyukta Kisan Morcha and the Kisan Mazdoor Morcha, had been camping at the Shambhu and Khanauri border points since February 13, 2022.
Punjab Police thwarted farmers' attempt to go to Chandigarh on the Samyukta Kisan Morcha's call for a week-long dharna beginning Wednesday, as multiple checkpoints were set up across the state and security stepped up at all entry points of the Union Territory.
Virat Kohli's struggles against balls outside the off-stump in the ongoing Test series against Australia has the great Allan Border wondering if the Indian superstar has "just lost that edge".
United States President Donald Trump on Sunday criticised the trade deficits that the US has with Canada, Mexico, China, and argued that America should no longer 'subsidise' other countries, and urged businesses to manufacture domestically to avoid tariffs.
Mumbai were steady at 113 for two at one stage but Rekhade, playing only his second First-Class match, ripped open the Ranji champions' batting line-up, first with an innocuous delivery which claimed the prized scalp of Ajinkya Rahane in the 41st over.
'In today's political spectrum, it is the Bharatiya Janata Party that always says, nation first.'
Security experts have warned that using Signal for discussions of this nature violates every established protocol for handling classified information.
Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.
That kept Real top of LaLiga on 50 points, one ahead of Atletico in second who missed a chance to leapfrog them. Barcelona, third on 45 points, visit Sevilla on Sunday with a chance to close the gap in the title race.
People claim their religion is in danger, but it is their party that is in danger, and they are praying to save it, Bollywood actor Riteish Deshmukh said while campaigning for his brother and Maharashtra Congress leader.
'I always cook from my heart,' says New York Chef Vijaya Kumar who won his third Michelin Star recently.
Several US companies, including McDonald's, Walmart and Facebook parent company Meta, have ended or scaled back their DEI programmes since Trump was elected in November last.
Rishabh Pant will be entering a new phase of his Indian Premier League (IPL)career when he takes over as the captain of Lucknow Super Giants in IPL 2025.
'Of the 20 trading days of January till January 28, FIIs have been selling for 19 trading days'. 'When did FIIs withdraw money with this kind of intensity?' 'It never happened. It's the first. It did not happen even during the 2008-2009 financial crisis when Lehman went under.' 'Even then you did not have like a 19-day selling spree from the FIIs.'
Don't let panic ruin your wealth. Avoiding these mistakes can save you from HUGE losses, says Ramalingam Kalirajan
