Trump threatens Apple with 25% tariff if iPhones are made in India

US President Donald Trump on Friday again sought to pressurise Apple on its decision to increase production of its iPhone in India. Photograph: Kent J Edwards/Reuters Trump said that Apple will have to pay a 25 per cent import tariffs

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

India’s largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Photograph: Francis Mascarenhas/Reuters Meanwhile,

How National Payments Corporation plans to prevent UPI disruptions in future

The National Payments Corporation of India (NPCI) is stepping up its supervision of the Unified Payments Interface (UPI) to prevent future disruptions caused by stress on the core network. Kindly note the image has been posted only for representational purposes.

Promoters ready to infuse capital in IndusInd Bank: Ashok Hinduja

The ‘swift’ clean-up by the interim management of IndusInd Bank will help rebuild trust in the private sector lender, Ashok Hinduja, Chairman of its promoter grouping IIHL, said on Thursday. Photograph: Anushree Fadnavis/Reuters Hinduja also affirmed IIHL’s commitment to support

ITC Q4 net profit grows nearly four-fold to Rs 19,807 cr

Diversified conglomerate ITC Ltd on Thursday posted a nearly four-fold jump in consolidated net profit to Rs 19,807.8 crore for the quarter ended March 31. Illustration: Dado Ruvic/Reuters It had reported a profit of Rs 5,013.18 crore in the year-ago

Mid-tier IT firms outpaced larger peers’ growth in FY25

Mid-tier information-technology (IT) companies last financial year reported better growth numbers than their larger counterparts, highlighting their ability to navigate the uncertain macroeconomic environment. Photograph: PTI Photo from the Rediff Archives Most of these companies — such as Persistent Systems,

Apple’s India Plans Unfazed by US-China Tariff Truce

There’s no change in Apple Inc’s India strategy, said a top government source. ‘It can only be enhanced’. Photograph: Abdul Saboor/Reuters   Just days after Apple Inc CEO Tim Cook had announced in a post-earnings analyst call that a majority

IndusInd reports worst-ever show in Q4 with Rs 2,329 cr loss

Fraud-hit IndusInd Bank on Wednesday reported a Rs 2,329 crore loss for the March quarter, its worst performance ever, as the interim management opted to go for a deep-clean exercise beyond recognising the impact of wrong accounting practices. Photograph: Anushree

IndiGo posts highest Q4 profit of Rs 3,068 cr on strong air travel demand

InterGlobe Aviation, the parent of the country’s largest airline IndiGo, on Wednesday posted its highest ever fourth-quarter profit after tax of Rs 3,067.5 crore, mainly helped by strong air travel demand. Photograph: Danish Siddiqui/Reuters The company’s profit after tax in

Sharvil Patel: ‘Medicines are just one part of the solution’

‘We are looking at what kind of products, diagnostics or other solutions we can offer to become a well-rounded player in a particular disease area globally.’ IMAGE: Text. Photograph: Kind courtesy Zydus Lifesciences Ahmedabad-based Zydus Lifesciences has recently forayed into