USFDA’s new draft biosimilar rules to benefit Indian biotech cos

The US Food and Drug Administration’s (USFDA)’s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars — lower-priced, near-replicas of complex biologic medicines — could significantly benefit Indian biotech companies. Photograph: Srdjan Zivulovic/Reuters The new

Havells India, HPL Group settle ₹129.6 crore trademark dispute

Havells India Ltd on Sunday, November 9,  said it has reached a full and final settlement with the HPL Group, ending a long-standing trademark dispute over the use of the ‘Havells’ name. Under the agreement, Havells will pay ₹129.6 crore

Rapido expects to start working on IPO by 2026-end: Co-Founder Aravind Sanka

New Delhi, Nov 9 (PTI) Bike taxi aggregator Rapido expects to start working on the process for public listing by the end of next year, a top company official said. Rapido Co-Founder Aravind Sanka told PTI that the company expects

Trent profit up 11%, revenue rises 16%

Fashion and lifestyle retailer Trent on Friday reported a 11.3 per cent on year rise in its consolidated net profit for the second quarter of 2025-26 (Q2FY26). IMAGE: Logo of the Indian fashion retailer Trent’s flagship brand Westside is displayed

Nykaa net profit more than triples to Rs 34 crore

FSN E-Commerce Ventures Ltd, the parent company of beauty retailer Nykaa, recorded a 3.4x growth in net profit at Rs 34.43 crore in the second quarter of FY26, up from Rs 10.04 crore in the corresponding period last year. IMAGE:

Britannia Industries looks to drive volume-led growth

Britannia Industries is looking to drive volume-led growth as it looks to target regions, consumer-centric products and distribution. The company also wants to make sure that it is price-competitive in each of the regions. Photograph: Adnan Abidi/Reuters “We are going

Poly Medicure Q2 Results: Domestic revenue jumps 17%, profit up 5% YoY

Poly Medicure Ltd reported earnings for the September quarter of FY26 on Saturday, November 08, with net profit rising 5% year-on-year to ₹91.83 crore compared with ₹87.45 crore in the same period last year. Revenue from operations grew 5.7% to

Swatch to be removed from benchmark Swiss stock index after trading volumes, shares fall

Watchmaker to be removed from 30-company index Falling sales in China contribute to share fall To be replaced by Helvetia Baloise after insurers merge ZURICH, – Swatch Group will be removed from the benchmark Swiss Leader Index next month, stock

Hindalco net profit rises 21% to Rs 4,741 crore

Aditya Birla Group’s Hindalco Industries on Friday reported a 21.3 per cent year on year rise in its consolidated net profit to Rs 4,741 crore in the second qua­rter of 2025-26 (Q2FY26), driv­en by its Indian business and its US-based

Bajaj Auto posts highest ever quarterly revenue and PAT

Pune-based two-wheeler major Bajaj Auto posted its highest ever quarterly revenue and profit after tax (PAT) in Q2FY26. Photograph: Rupak De Chowdhuri/Reuters Even as consolidated revenues were up 18.8 per cent year-on-year (Y-o-Y) to Rs 15,734.7 crore, PAT zoomed 53.2