Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India’s largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. Image used for representation purpose only.
HUL managing director Rohit Jawa’s total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Photograph: Kind courtesy, HUL Jawa’s annual package included a
‘I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.’ IMAGE: Union Minister Ashwini Vaishnaw, during the inauguration of the VVDN Technologies’ state-of-the-art Mechanical
Finance Minister Nirmala Sitharaman on Saturday said the government led by Narendra Modi refers entrepreneurs as wealth creators as the profit earned by them through ethical ways help drive development goals. Photograph: ANI Photo “Wealth creation in India has never
The Income Tax department on Friday said it has made available the excel utility for ITR-1 and ITR-4 for AY 2025-26, which will enable taxpayers to file their income tax returns. Illustration: Dominic Xavier/Rediff “The Excel Utility for ITR-1 and
Adani Group chairman Gautam Adani has reaffirmed Adani Enterprises’ ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years. Photograph: Priyanshu Singh/Reuters “Our capital investment across businesses is set to break all records.
India’s forex reserves jumped by $6.99 billion to $692.72 billion during the week ended May 23, the RBI said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week ended May 16, the overall reserves had dropped by $4.89 billion
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
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
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),
