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RPG Life Sciences subsidiary acquires Raghava Life Sciences' API biz for Rs 135 crRPG Active Pharma is acquiring Raghava Life Sciences' API and intermediates business. This strategic move aims to strengthen its integrated...- Why a longer working week may not fix Volkswagen's woesGerman automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. Thi...
- Rupee holds firm at 94.97 on RBI dollar salesThe Indian rupee remained above 95 against the dollar for a second day. Traders attribute this performance to aggressive dollar sales by th...
- War weighs on Iran's economy as US intensifies sanctionsIranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...
- Iran’s foreign trade plunges 35% as US sanctions deepen war’s economic tollIranian leaders are acknowledging mounting economic pain six months into the war with the US, as President Masoud Pezeshkian says foreign t...
- Dick's Sporting Goods shares slump 22% as Foot Locker weakness sparks outlook cutDick’s Sporting Goods shares plunged 22% after second-quarter earnings missed estimates and the retailer cut its full-year outlook. Weak Fo...
- Global Market: China’s property crisis deepens as Evergrande founder gets life sentenceChina’s property crisis deepened despite Evergrande founder Hui Ka Yan receiving a life sentence. Falling home prices, unfinished projects,...
- He built China’s biggest property empire and became Asia’s richest man. Now Evergrande’s Hui Ka Yan is in prison for life, here’s whyEvergrande founder Hui Ka Yan, also known as Xu Jiayin, has been sentenced to life in prison in China for embezzlement, bribery and other f...
- China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...
- Global Market Today: Asian shares mixed, dollar dips as Fed hike bets easeThe dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Trea...
- Crop buyers cut off from Black Sea are turning to other originsThe region is one of the world’s top suppliers of grain and sunflower oil, much of which heads to Asia, Africa and the rest of Europe.
- Leicester's Thai owners put troubled club up for sale: reportsLeicester City's Thai owners, King Power, have reportedly placed the club up for sale. This comes after successive relegations from the Pre...
- US stocks: Cerebras slumps 12% as mixed quarterly results test AI growth narrativeCerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw ...
- Apollo Hospitals Q1 Results: Net profit jumps 38% YoY to Rs 610 crore; revenue rises 21%Apollo Hospitals reported a 38.4% year-on-year rise in Q1FY27 net profit to ₹610 crore, while revenue grew 20.6% to ₹7,044 crore. EBITDA in...
- Stocks in news: L&T, Tata Motors, HAL, Grasim, NBCC and IRCTCThe Indian equity markets concluded the trading session on a low note, as escalating crude oil prices weighed heavily on worldwide market s...
- L&T rejigs its digital infra business, transfers Vyoma.AI for Rs 1,400 croreLarsen & Toubro is transferring its data centre and cloud services business to Vyoma.AI. This significant restructuring involves a ₹1,400 c...
- US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyersExisting home sales in the United States saw a slight decrease during July. Record high prices and increasing mortgage rates are impacting ...
- Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
- ICICI Prudential AMC to buy ISecs' PMS businessICICI Prudential AMC's board approved acquiring ICICI Securities' PMS business. This acquisition will broaden the company's existing portfo...
- Ola Electric loss narrows to Rs 336 crore, revenue down 45%The Bhavish Aggarwal-led company reported revenue from operations of Rs 455 crore for the June quarter, down from Rs 828 crore a year earli...
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