Ahmedabad-headquartered Zydus Lifesciences posted a 17 per cent year-on-year (Y-o-Y) rise in revenue from operations to Rs 6,123 crore, while the net profit increased by 38 per cent to Rs 1,258.6 crore aided by consistent performance in the US and India formulations businesses.
'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'
Goldman Sachs is bullish about Indian aerospace and defence, preferring private companies over public sector units (PSUs) as the country ramps up its export target for the sector to Rs 50,000 crore by FY29 from Rs 23,600 crore last year. The American investment bank's top 'buy' recommendations include Solar Industries, Bharat Electronics, Data Patterns and PTC Industries, while Bharat Dynamics is rated 'sell'.
India remains one of the largest and fastest-growing markets for SAP, and the scale of products being built in the country is bigger compared to other geographies, Manish Prasad, president and managing director of SAP India, said. "The beauty of India is scale, size, and agility.
Messaging app Telegram has taken decisive action against bots that were reported for sharing sensitive data related to Star Health and Allied Insurance Company, and is actively keeping an eye on their re-emergence, a company statement said. "The bots reported to Telegram for sharing Star Health data were immediately removed and moderators are monitoring to prevent them from being recreated. "The sharing of private information on Telegram is expressly forbidden and such content is deleted whenever it is found," the statement said.
'...aggressive pricing amid volatility, but these are exceptions.'
'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'
The US Food and Drug Administration's (USFDA)'s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars - lower-priced, near-replicas of complex biologic medicines - could significantly benefit Indian biotech companies.
The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers.
After Donald Trump became president of the United States, he unleashed economic weaponisation, upsetting the old world order, leading to much unrest. If that wasn't all, the threat of an imminent nuclear war was issued by the US, Russia, China, North Korea and Pakistan. In today's fractious times, Dr Paulos Mar Gregorios would have made a dent, notes His Holiness Baselios Marthoma Mathews III.
Sack Gambhir before he damages any more careers, if you must. But it cannot stop there. The project ahead must be bigger, more ambitious, and far more urgent: Rebuilding the spine of Indian cricket from the grassroots up, and giving the Test team the seriousness it deserves. Only then will Indian cricket stop lurching from one crisis to another and begin, once again, to imagine greatness, suggests Prem Panicker.
The Delhi High Court dismissed a plea seeking the removal of the graves of terrorists Mohammad Afzal Guru and Mohammad Maqbool Bhatt from Tihar Jail, citing the absence of any law prohibiting burial inside jail premises and the government's decision to maintain law and order.
Issuers have allotted nearly four times as much to mutual funds (MFs) as they have to insurance companies in recent quarters. MFs invested Rs 21,976 crore as anchor investors in initial public offerings (IPOs) on a trailing four-quarter basis, according to data from Prime Database.
Responding to a question, he said, "It may also deal with fake news, though there is no specific mention in this regard."
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
'Our goal here is to become a small catalyst in humanity's journey of conscious evolution. To lead us into the Post-Darwin era.'
'They are totally disconnected with farm activities which their families have been involved in for years.'
IBBI removes sale of company as going concern in liquidation; now only asset sales allowed, shifting focus strictly to terminal liquidation process.
'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'
The gold and silver holdings of domestic mutual funds (MFs) crossed the Rs 1 trillion mark for the first time in September, powered by a blistering commodity rally that lifted precious metal prices and drew fresh inflows into dedicated MF schemes.
In a serious data breach, personally identifiable information of 815 million Indians has been up on the dark web for sale, according to a report by US-based cybersecurity firm Resecurity. Details such as Aadhaar and passport information along with names, phone numbers and addresses are available for sale online, it has said.
Gold prices rallied for the third straight day and gained Rs 2,600 to hit a fresh lifetime high of Rs 1,26,600 per 10 grams in the national capital on Wednesday in line with strong global trends amid looming geopolitical uncertainties triggered by the prolonged shutdown of the US government.
'Don't look at Russia only as a place to earn quickly and then leave.' 'Try to build experience in serious companies, skills and certifications that will serve you anywhere in the world.'
Rekha Gupta was attacked by Rajkot resident Rajesh Khimji at her Civil Lines residence on Wednesday during Jan Sunwai.
The role of the space sector in armed conflicts came into sharp focus during Operation Sindoor, which saw extensive use of drones and loitering munitions and tested the capabilities of air defence systems such as indigenously developed Akash Teer.
For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.
The two policy decisions to bolster BSF capabilities at this front have been taken in the wake of the stepped up security arrangements along the border following the fall of the Sheikh Hasina government in Bangladesh on August 5, 2024.
The CBDT is investigating Jane Street for possibly misusing the India-Singapore tax treaty.
'Poverty eradication is a continuous process. There is no full stop to it.'
Authorities are treating the sightings as a serious security and environmental matter, putting coastal villages on alert and intensifying patrolling on beaches.
'In times of adversity, families unite, but the reverse is happening in the Lalu family.'
Gold prices on Tuesday surged Rs 723 to touch an all-time high of Rs 110,312 per 10 grams in the domestic futures market, tracking strong global cues amid growing expectations of a US Federal Reserve interest rate cut next week. Traders said weak US labour market data has strengthened the case for monetary policy easing, putting pressure on the dollar and boosting demand for the safe-haven asset.
Gold prices surged Rs 2,200 to hit a fresh peak of Rs 116,200 per 10 grams in the national capital on Monday buoyed by strong global cues as investors awaited key commentary from US Fed officials for policy direction. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,14,000 per 10 grams on Friday.
India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.
A 10-part series that explains all you want to know about how India's EPF turns a slice of your monthly salary into long-term savings, pension, and life insurance.
Top leaders of Maha Vikas Aghadi, including Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray, Nationalist Congress Party-Sharadchandra Pawar head Sharad Pawar along with Maharashtra Navnirman Sena president Raj Thackeray, will lead the Opposition's November 1 protest march in Mumbai against alleged irregularities in voters' lists.
'The investigation is at a very critical stage. We are not going to give every single document.'
Retirement fund body EPFO recorded a 13.46 per cent year-on-year growth in net member addition of 21.89 lakh in June, according to the latest payroll data released on Wednesday. The Employees' Provident Fund Organisation's (EPFO) provisional payroll data for June 2025 showed a net addition of 21.89 lakh members, marking the highest recorded addition since payroll data tracking began in April 2018, a labour ministry statement said.
