Himanshu Thakur

Sun Pharma to invest $25 million in Pharmazz Inc; raises stake to 22.7%

The company noted that the initial $10 million tranche, along with $7.5 million from the second SAFE tranche, will be invested by or before May 31, 2025

Sebi directs entities to make digital KYC accessible for disabled users

The market regulator has issued a revised set of frequently asked questions (FAQs) that provide detailed guidance for intermediaries to open accounts for individuals with disabilities

Forex reserves decline $4.88 billion to $685.72 billion, shows RBI data

The forex reserves had swollen by $4.55 billion in the previous week, which had pushed the total reserves to $690.617 billion. The country had reached a record high of $704.885 billion in Sep 2024

JSW Steel Q4 results: Profit rises 13.54% to ₹1,501 cr, revenue down 3%

JSW Steel posted a Q4FY25 PAT of ₹1,501 crore, up 13.54 per cent YoY, while revenue fell 3 per cent to ₹44,819 crore amid record crude steel output and sales

BEML Q4 net profit rises 12% to ₹287.55 crore, revenue up 9% YoY

BEML posted a 12% YoY rise in Q4 FY25 net profit to ₹287.55 crore; revenue, total income, and expenses all rose 9% as the company expanded project-related investments

Publish raw scores, normalisation formulae of NEET-PG exams, orders SC

The Supreme Court directed authorities to publish NEET-PG raw scores, answer keys, and normalisation formulae, aiming to enhance transparency and curb malpractice in counselling

Pak rejected Indigo pilot's request to use airspace despite an emergency

The incident involving flight 6E 2142, which experienced intense turbulence because of a hailstorm en route from Delhi to Srinagar, is currently under investigation by the Directorate General of Civil

Airtel Payments Bank Q4 net profit jumps 138% to ₹26 crore, revenue up 35%

The payments bank posted revenue of ₹726 crore in Q4FY25, marking a 34.7 per cent increase compared to the same quarter last year

HFCL Q4 results: Net loss at ₹83 crore, revenue declines 39% to ₹800 crore

The Board of Directors has declared a 10 per cent dividend for the financial year 2024-25, translating to ₹0.10 per equity share with a face value of ₹1 each

Reliance Defence, Rheinmetall AG to build major ammo unit in Maharashtra

Reliance will build a major ammunition complex in Maharashtra with Germany's Rheinmetall AG, aiming to support India's defence forces and its ₹50,000 crore export goal by 2029

Aakash accuses EY of conflict of interest, seeks Byju's-linked records

AESL has accused EY of conflict of interest for advising both AESL and Byju's during their failed acquisition and demanded disclosure of all related documents and communications

Sun Pharma Q4 results: Net profit falls 19% to ₹2,153.9 cr, revenue up 8%

Sun Pharma posted a 19% drop in Q4 profit to ₹2,153.9 crore, while revenue rose 8.5%. India formulation sales grew 13.6%, and a ₹5.5 final dividend has been recommended

Edelweiss Employees Trust divests 1.7% stake in Edelweiss Fin for ₹145 cr

Edelweiss Employees Trust sold 16 mn shares worth ₹145 cr; Carnelian, Miri Capital, and others picked up stakes as Edelweiss shares rose 3.15% on the BSE

Proposals worth ₹1 trillion investment get Maharashtra cabinet nod

The Maharashtra cabinet has cleared 325 industrial proposals worth over ₹1 trillion, expected to create more than 93,000 jobs across electronics, defence, and other sectors

Vedanta Chairman Agarwal calls for safeguard duty on aluminium imports

Vedanta Chairman Anil Agarwal urged the government to impose a safeguard duty on aluminium imports, citing the metal's strategic role and rising global trade tensions

CCI gives nod to Temasek's minority acquisition of Haldiram Snacks Food

Temasek's subsidiary Jongsong will acquire under 10% stake in Haldiram Snacks Food, now consolidated under HSFPL following a major FMCG merger in April

Whirlpool Q4 results: Net profit rises 50% to to ₹119 crore, revenue up 15%

Whirlpool India reported ₹119 crore Q4 profit on strong revenue and a ₹7 crore insurance gain. Full-year profit rose 62%, and a ₹5 per share dividend was announced

FSSAI directs states to curb synthetic colouring, carbide use on fruits

FSSAI has asked states to inspect fruit mandis and storage units for illegal ripening agents like calcium carbide and unsafe colouring; violators to face legal action under FSS Act

Pfizer Q4 net profit jumps 85% to ₹331 crore; revenue rises 8.3%

Pfizer's Q4 profit surged to ₹331 crore, aided by a ₹172 crore gain from land sale; board declares ₹165 dividend per share, including special payouts for FY25

Hindalco Q4 net profit jumps 66% to Rs 5,284 crore, revenue up 16%

Hindalco's strong Q4 and FY25 results driven by Indian operations, lower input costs, aluminium and copper highs, and Novelis performance