Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.
Egyptian football star Mohamed Salah has officially signed a two-year deal with Turkish club Trabzonspor, reportedly worth 17 million euros per season. The move follows his departure from Liverpool after nine successful years, during which he won multiple titles. Salah's transfer includes a share from merchandise sales and performance-based bonuses, marking a new chapter in his illustrious career.
The Lava Bold N2 5G has gone on sale in India, just a few days after making its debut on June 3, 2026.
'From day one, our vision has been to build a company that develops and owns the technologies defining the future of space.'
My family produced a Malayalam movie in 1986. It had big actors in it. The songs were sung by K J Yesudas himself. The film starred two newcomers as the lead pair. It bombed.
State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.
India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.
The Maharashtra government has banned 114 items of literature from terrorist organisations like Islamic State and Al Qaeda, citing their role in glorifying extremism, promoting radicalisation, and threatening India's sovereignty and public order. The ban, issued via a gazette notification, follows intelligence inputs and ATS investigations into the circulation of such propaganda material.
'As long as the vehicle has a flex engine, it is irrelevant if the mixture is 15 per cent or 30 per cent; the performance is the same.'
The National Testing Agency (NTA) has strongly refuted social media claims regarding an alleged leak or sale of the NEET-UG 2026 re-examination question paper, labelling them as 'false, fraudulent, and intended to mislead' by 'organised cheating rackets'.
The Maharashtra government has banned the literature of terrorist organisations such as Islamic State, Hizb-ul-Mujahideen Pir Panjal Regiment, and Al Qaeda (AQIS), citing its content glorifying violent extremism, promoting radicalisation, and providing information on bomb-making and lone-wolf attacks.
The United States has paused a proposed USD 14 billion arms sale to Taiwan due to concerns about maintaining sufficient munitions for potential conflicts, particularly in light of the ongoing situation with Iran.
Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.
Russia's Federal Security Service (FSB) has charged Telegram co-founder Pavel Durov with facilitating terrorist activities and initiated procedures to place him on the international wanted list, according to Russian state-run news agency TASS.
The Meghalaya High Court has ruled that moral objections from church elders and locals cannot be a valid ground to deny the operation of a legally licensed liquor outlet. The court directed authorities to permit a shop owner to operate her IMFL retail outlet, noting she fulfilled all statutory requirements and that the objections were based on moral rather than legal grounds. The ruling also highlighted that a legal outlet could help curb illegal liquor sales.
ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.
Maruti Suzuki India's CFO, Arnab Roy, has urged the central government to introduce an amnesty scheme or an 'as-is' settlement option to resolve past indirect tax disputes, aiming to clear legacy litigation and foster growth in the automotive industry. Roy emphasised the need for a 'smarter way to address the past' to provide long-term certainty for businesses.
Divya Nair remembers the work friendships that proved some of life's strongest bonds are built beyond the cubicle.
BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.
UEFA and CONCACAF say they have lost confidence in FIFA President Gianni Infantino after the governing body withdrew its controversial World Cup rights plan.
India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.
India's manufacturing sector activity growth declined to a five-year low in July, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 53.5 from 54.2 in June, driven by a slower rise in new business orders and challenging market conditions.
Wimbledon achieved record attendance and social media engagement, along with strong broadcasting figures, despite competing with the soccer World Cup. The tournament saw over half a million fans, significant retail sales, and a notable audience share for the women's singles final in the Czech Republic.
The Realme Narzo 100x 5G has arrived with a strong focus on battery life and durability.
More than a dozen companies, including quick commerce firm Zepto, logistics platform Shiprocket, and housing finance company Truhome Finance, are preparing to launch their initial public offerings (IPOs) next month, collectively aiming to raise over Rs 25,000 crore.
Manipal Health Enterprises is set to launch India's largest healthcare initial public offering (IPO) on July 29, aiming to raise Rs 9,275.22 crore to fund expansion and debt reduction, with the issue closing on July 31.
The number 10 shirt worn by Brazil's Pele in the 1958 World Cup final, where he scored twice against Sweden, has been sold for $4.9 million at a Sotheby's auction, making it the most valuable piece of memorabilia linked to the football legend.
While the new Brezza keeps its tried and tested 1.5 litre NA engine, there is now an additional 1.0l turbo petrol unit with a 6-speed manual gearbox to tempt younger buyers, points out Somnath Chatterjee.
India's gross Goods and Services Tax (GST) collections surged by 15.4 per cent to over Rs 2.11 lakh crore in July, driven by increased mop-up from both domestic transactions and imports.
The Defence Research & Development Organisation (DRDO) has dismissed recent media reports of an alleged cybersecurity incident and data breach as "incorrect and unverified." Officials clarified that investigations found no evidence of an active cyber attack or data exfiltration, stating that any leaked data is unclassified, outdated, and fabricated by threat actors for financial gain.
The Reserve Bank of India (RBI) has debunked reports of gold sales, stating that its physical stock of gold remains unchanged at 880.52 tonnes, countering claims of selling approximately USD 12 billion to protect foreign-currency reserves.
Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.
The move follows reports from several state drug-regulatory authorities indicating misuse and hoarding oral formulations with high ethyl-alcohol concentration, which people use as a substitute for liquor.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries
Australia's players union has joined global criticism of FIFA's proposal to bring private investors into the World Cup and other events, citing a lack of transparency and pressure on member associations to approve the $20 billion plan.
Uttar Pradesh Chief Minister Yogi Adityanath on Monday accused the Samajwadi Party of allowing the ancestral house of eminent hockey player KD Singh 'Babu' in Barabanki to go on sale, asserting that his government intervened to prevent it.
Nissan Motor India aims to achieve a fourfold increase in domestic sales, targeting 100,000 units annually, and export another 100,000 vehicles from its Chennai plant by financial year 2027-28 (FY28), marking a significant revival of its presence in the Indian passenger vehicle market.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
Bengaluru police arrested three individuals for allegedly selling deer antlers, a violation of the Wildlife Protection Act. The accused confessed to intending to earn large sums of money from the illegal sale.
DPS Vasant Vihar, Step by Step School, Mother's International, and G.D. Goenka School have successfully advanced to the Boys' Under-17 semifinals of the Oriental Cup. The quarterfinal matches featured intense competition, with teams securing their victories to move closer to the championship.
