Manufacturing sector pulls down GDP growth to 7.4%

India’s economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than

Sensex ends down 182 points on selling in IT shares

Stock markets closed lower in a range-bound trade on Friday following losses in IT shares and sluggish trends in Asian markets due to trade uncertainty after a US appeals court temporarily reinstated reciprocal tariffs. Photograph: Francis Mascarenhas/Reuters The 30-share BSE

Cipla’s Bommasandra plant in Bengaluru gets single USFDA observation after cGMP inspection

Drug major Cipla Ltd on Friday (May 30) said the United States Food and Drug Administration (FDA) has concluded a current Good Manufacturing Practices (cGMP) inspection at its manufacturing facility in Bommasandra, Bengaluru. “…we hereby notify that United States Food

Reliance Power share price: Anil Ambani-owned ADAG stock hits 52-week high after order from THIS Navratna PSU

Reliance Power share price: Anil Ambani-owned ADAG stock has hit a 52-week high on Friday, May 30, after bagging an order from Navratna SJVN. Reliance Power on Wednesday said its arm Reliance NU Energies has received a letter of award

IndiGo to start direct flights to London, 9 other intl destinations

IndiGo will start direct flights to a total of 10 international destinations, including London and Athens, in the current financial year, its CEO Pieter Elbers said on Friday. Photograph: Priyanshu Singh/Reuters Other destinations include Amsterdam (the Netherlands), Manchester (the UK),

Govt tells e-com firms to audit dark patterns, submit yearly reports

The government on Wednesday asked e-commerce platforms to conduct annual internal audits to make sure that they are not resorting to manipulative tactics to mislead consumers and prevent them from making right choices — a technique commonly referred to as

‘India to have 50% of Swiss Re’s global tech talent’

‘This means that there will be more than 1,000 tech talent in India over the next 12-18 months.’ Global reinsurance giant Swiss Re, which has been in India since the start of the century, is focusing on insourcing technology over

Fraud amount jumps 3 times in FY25, PSBs hit most

The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, primarily due to reclassification of 122 cases as per a Supreme Court order, the Reserve Bank said on Thursday. Illustration:

Mazagon Dock profit falls 51%; NBCC revenue grows 16%

Q4 Results Live Updates: With the fourth earnings season nearing its end, some of the key earnings scheduled for announcement today include Bajaj Auto, Mazagon Dock Shipbuilders, IPCA Laboratories, Suzlon Energy, Samvardhana Motherson International, Ola Electric Mobility, Lemon Tree Hotels,

Mazagon Dock Shipbuilders Q4 Results: Net profit drops 51% to ₹325.3 crore, revenue up 2.3% YoY; Dividend declared

State-run defence PSU Mazagon Dock Shipbuilders reported results for the March quarter after market hours on Thursday, May 29. The numbers for the fourth quarter were dented due to higher expenses. However, the company has surpassed its full-year guidance on