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The rupee appreciated by 5 paise to 95.77 against the U.S. dollar in early trade on July 29. File | Photo Credit: Getty Images/istockphoto The rupee appreciated by 5 paise to 95.77 against the U.S. dollar in early trade on Wednesday (July 29, 2026), staying firm for the fourth consecutive day amid a weak American…
Read More “Rupee rises 5 paise to 95.77 against U.S. dollar in early trade” »
Infosys, Larsen & Toubro, Hindustan Unilever, HDFC Bank, Tata Consultancy Services, Tech Mahindra, Bharti Airtel and HCL Tech were among the major gainers. File | Photo Credit: Reuters Market benchmark indices Sensex and Nifty rebounded in early trade on Wednesday (July 29, 2026) led by IT stocks, HDFC Bank and fresh foreign fund inflows. The…
Read More “Stock markets rebound in early trade; Sensex jumps 726 points” »
Union Bank of India’s (UBI) net profit increased 29.57% to ₹5,332 crore as defaulting assets as a share of total loans reduced and net interest income increased in first quarter of fiscal 2027, compared with ₹4,116 crore in the year-ago period. Net interest income increased 10.15% to ₹10,037 crore in the reporting quarter as against…
Read More “Union Bank of India Q1 net profit rises 29.6% to ₹5,332 crore” »
The PCG in favour of MRPL enables them to import crude oil from Saudi Aramco. Illustration for representation | Photo Credit: Reuters State-owned Oil and Natural Gas Corp (ONGC) informed on Tuesday (July 28) that it approved a $500-million parent company guarantee (PCG) in favour of Saudi Aramco, on behalf of subsidiary Mangalore Refinery and…
Construction & Engineering major Larsen & Toubro Ltd (L&T) for the first quarter ended June 30, 2026, posted a Consolidated Profit After Tax (PAT) of ₹ 4,123 crore, registering YoY growth of 14% owing to operational excellence & treasury gains, its President, Whole-time Director & Chief Financial Officer (CFO) R Shankar Raman said over a…
SEBI | Photo Credit: The Hindu Market regulator Securities and Exchange Board of India (SEBI) did not penalise 95.8% of influencers even though many of their activities showed warning signs or raised concerns, according to CFA Institute’s survey. In a survey of 48 influencers and their behaviours in 2025, released in 2026, the CFA found…
Read More “SEBI did not penalise most finfluencers: CFA study” »
Generic drugmaker Alembic Pharmaceuticals has received final approval from the U.S. Food and Drug Administration (FDA) for its abbreviated new drug application for Prucalopride Tablets, 1 mg and 2 mg, used to treat chronic idiopathic constipation (CIC). The approved ANDA is therapeutically equivalent to Takeda Pharmaceuticals USA Inc.’s reference-listed drug, Motegrity Tablets (1 mg and…
Read More “Alembic Pharma gets U.S. FDA nod for generic chronic constipation drug” »
VTTL to lead the next generation of farm machinery | Photo Credit: cueapi Bengaluru VST Tillers Tractors Ltd. (VTTL), a Bengaluru-based farm equipment manufacturer, will invest ₹100 crore for its Global Tech Centre coming up in Hosur of Tamil Nadu, as part of its strategy to strengthen the research and development (R&D) capabilities and drive…
Read More “VST invests ₹100 crore to open Global Tech Centre in Hosur” »
Food and Drug Administration headquarters in White Oak, Maryland | Photo Credit: Reuters Cipla has received approval from the U.S. Food and Drug Administration (U.S. FDA) for its abbreviated new drug application (ANDA) for generic Advair Diskus (fluticasone propionate and salmeterol inhalation powder) in three strengths — 100/50 mcg, 250/50 mcg, and 500/50 mcg ….
Read More “Cipla receives U.S. FDA approval for generic of asthma, COPD drug” »
Rooftop solar power plants get traction | Photo Credit: The Hindu India curtailed 8,133 gigawatt-hour (GWh) of solar power during the April–June quarter this year, according to Minister of State for New and Renewable Energy Shripad Yesso Naik. The curtailment and restriction were instituted to “maintain grid security” and “due to mismatch between commissioning of…
