India’s Natco Pharma will acquire significant stakes in South African pharmaceutical giant Adcock Ingram in a deal valued at R4.2 billion, paving the way for the 135-year-old firm to become a privately held entity jointly owned by Natco and Bidvest, which will remain the majority shareholder.The decision followed a meeting of Adcock Ingram shareholders that […]
15 stocks you should bet on for Samvat 2082; check target price, upside potential & more
Apollo Hospitals’ share is projected to gain 13.2%, with a target price of Rs 8,675, according to SBI Securities, making it an attractive choice for investors. The stock was trading at Rs 7,662 on October 6. A top healthcare platform with over 10,000 beds across 73 hospitals, Apollo Hospitals is on an expansion drive, planning […]
Direct Delhi-China flights from November 10 with IndiGo’s Delhi-Guangzhou route
NEW DELHI: Indo-China direct aerial connectivity is going to ramp up fast after an over five-year lull. IndiGo Saturday announced it will have a daily direct between Delhi and Guangzhou from November 10, shortly after the airline links Kolkata and Guangzhou from October 26. Air India will fly to the country before the end of […]
Marine growth: India must scale up mariculture to 25 lakh tonnes by 2047; says CMFRI Director
India needs to boost mariculture production to 25 lakh tonnes by 2047 from the current 1.5 lakh tonnes to meet the country’s rapidly growing seafood demand, CMFRI Director Grinson George said on Saturday.Speaking at the launch of a training programme for fish farmers under the central government’s Pradhan Mantri Dhan Dhanya Krishi Yojana (PMDDKY), George […]
D-Mart Q2 results: Profit rises 3.8% to Rs 685 crore, revenue climbs 15% amid store expansion
Avenue Supermarts Ltd, the company behind retail chain D-Mart, reported a 3.85 per cent rise in consolidated net profit at Rs 684.85 crore for the second quarter ended September 2025, up from Rs 659.44 crore a year ago, according to a regulatory filing, PTI reported.Revenue from operations climbed 15.45 per cent to Rs 16,676.30 crore […]
Lower drug prices for Americans! Trump seals deal with AstraZeneca; some medicines at discounts of up to 80%
US President Donald Trump on Friday announced reaching a deal with AstraZeneca, which would lower the cost of some prescription drugs for millions of Americans.The agreement will see the company sell certain medicines at reduced prices to the government’s Medicaid health plan in exchange for tariff relief. This follows a similar arrangement made with Pfizer […]
Trump’s 100% tariffs on China: For India, the message is clear – No deal with US is ever final, says GTRI
India should be careful in its negotiations with the US and should focus on its self-reliance rather than depending on Washington, Global Trade Research Institute (GTRI) said in a report. In a report titled “Trump’s tariff offensive hits a rare earth wall,” the think tank analysed the impact of Trump’s recently imposed tariffs on China […]
Indian IT sector hit by ‘silent layoffs’: 50,000 people may lose jobs this year; what’s driving the widespread firings?
The technology services sector is witnessing a fundamental transformation from personnel management to competency-based organisation. (AI image) The Indian IT sector has been hit by a wave of what experts are calling ‘silent layoffs’! These firings may lead to as many as 50,000 people losing their jobs in the IT sector by year-end.Whilst precise dismissal […]
$6 billion wiped out in 1 hour! Trump to impose 130% tariff on China; triggers crypto market sell off
Cryptocurrency markets tumbled on Friday as renewed trade tensions between the US and China, alongside a fresh export control move by Donald Trump, rattled investors worldwide.After the announcement crypto giant Bitcoin fell 8.4% to $104,782 at 17:20 ET and Ethereum followed, tumbling 5.8% to $3,637. Earlier on Monday, Bitcoin, the world’s largest crypto, recorded its […]
Rural demand revs up: Tractor sales at new high
Tractor sales at new high CHENNAI: With a host of favourable factors driving demand, tractor volumes hit a historic high this September, and total domestic sales surpassed the half-a-million mark in the first half of the fiscal year for the first time.Domestic tractor sales stood at 1,46,180 units in September, compared with 1,00,542 units in […]