The Delhi High Court has allowed Zydus Lifesciences to sell its biosimilar version of the anti-cancer drug nivolumab in India, delivering a significant win for the pharmaceutical company. A division bench of Justices C. Hari Shankar and Om Prakash Shukla modified an earlier injunction, highlighting public interest and…
Piccadily Sugar & Allied Industries Limited has announced that its Board of Directors will meet on January 20, 2026, to review and approve the company’s unaudited standalone financial results for Q3 FY26. The board will consider both the quarterly and nine-month performance ending December 31, 2025. The notification,…
NIBE Ltd saw its shares rise up to 2% following a key regulatory approval that expands its footprint in India’s defence manufacturing sector. Its subsidiary, NIBE Defence and Aerospace Limited (NDAL), has received a manufacturing license from the Ministry of Home Affairs to produce firearms and ammunition, marking…
highlighting continued demand for its engineering solutions both domestically and internationally. The latest intake reflects the company’s robust positioning in global markets while maintaining a solid presence in India. During the month, international orders contributed ₹46 crore (62.2%), while domestic orders accounted for ₹28 crore (37.8%), underscoring the…
Krishana Phoschem posted strong Q3 financial results, with EBITDA rising 58.7% year-on-year to ₹703 million from ₹443 million in the same quarter last year. The growth reflects solid operational momentum and higher cash flow generation. However, the company faced margin compression, with EBITDA margin declining to 10.64% from…
India has been formally added to Pax Silica, a U.S.-led strategic alliance focused on rare earth minerals, aimed at boosting artificial intelligence capabilities and securing global supply chains. This move highlights India’s growing role in the international technology and critical minerals landscape. Pax Silica is designed as a…
The Ministry of Textiles has unveiled the District-Led Textiles Transformation (DLTT) program, a comprehensive initiative aimed at fostering inclusive and sustainable growth in India’s textile sector. Announced at the National Textile Ministers Conference in Guwahati, the initiative seeks to transform 100 high-potential districts into Global Export Champions and…
According to S&P Global, Indian banks experienced a rise in market capitalisation during Q3 2023, driven by strong economic activity, festive-season demand, and tax incentives. The increase reflects growing investor confidence in the sector, supported by stable asset quality and improved earnings visibility. Positive consumer-driven activity during the…
EY India anticipates that the Union Budget 2026 will prioritise continuity in economic growth, strengthen tax certainty, and channel investments into high-potential sectors. According to the firm, the Budget is expected to build a predictable and stable policy environment anchored in fiscal discipline, which will support private investment…
Reliance Industries Limited (RIL) has announced a massive scale-up of its investment commitments in Gujarat, with plans to deploy nearly ₹7 lakh crore (US$ 84.3 billion) over the next five years. The expanded outlay—revealed by Chairman and Managing Director Mukesh Ambani at the Vibrant Gujarat Regional Conference for…