Tata Power's Q4 net profit down 4% YoY to Rs 996 crore, revenue from operations falls 13% to Rs 14,900 crore
Résumé généré par IA
Tata Power's Q4 net profit down 4% YoY to Rs 996 crore, revenue from operations falls 13% to Rs 14,900 crore
Dr Reddy's Laboratories announced a delay in commercial supplies of its semaglutide products due to out-of-specification batches linked to an active pharmaceutical ingredient (API) issue. The company is investigating the root cause and implementing corrective measures, assuring no impact on patient safety or global filings.
A government proposal may allow employees to voluntarily reduce EPF contributions above ₹1,800, increasing take-home salaries. Experts warn this could significantly reduce long-term retirement wealth accumulation due to lost compounding. The change primarily affects those contributing on actual Basic Salary + DA, not the statutory ceiling.
Adani Enterprises and Dioxycle will partner to develop low-carbon chemical production in India, starting with a pilot plant for formic acid using renewable energy and captured CO2. This marks Adani Group's entry into the sector.
PM Narendra Modi urged Australian businesses to invest in India during his visit, highlighting its growth story and potential in sectors like clean energy and infrastructure. Discussions focused on expanding cooperation, with AustralianSuper announcing a AUD 500 million investment in India's NIIF.
Mumbai's K Rustom ice cream parlour has had its license suspended by the FDA due to severe hygiene violations, including expired ingredients and live rodents. The popular Churchgate outlet also failed to maintain cold chain standards.
Global oil prices surged over 1% as US President Trump declared the ceasefire with Iran "over" and fresh US military strikes heightened fears of supply disruptions. Brent crude rose to $79.04 and WTI to $74.46.
