Skoda to drive in more global models into India

Czech carmaker Skoda plans to bring more of its global nameplates into the Indian market as it looks to cater to a diverse set of customers, according to a senior company executive. Photograph: David W Cerny/Reuters The company, which now

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

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

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

Dragged by foreign fund outflows and weak global peers, Sensex ends in red

Benchmark indices Sensex and Nifty ended lower on Friday as relentless foreign fund outflows and weak trends in global markets hit investors’ sentiment. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex declined 94.73 points, or 0.11 per cent, to settle at

Forex reserves drop $5.62 bn to $689.73 bn

India’s forex reserves dropped $5.62 billion to $689.73 billion for the week ended October 31, the Reserve Bank of India said on Friday. Photograph: Dado Ruvic/Reuters The overall reserves had declined by $6.92 billion to $695.35 billion. For the week

Shiv Nadar Donates 7.4 Cr Every Day!

Shiv Nadar and family donated Rs 2,708 crore (Rs 27.08 billion) in 2024-2025. IMAGE: Shiv Nadar, Founder, HCL Technologies. Photograph: Kind courtesy wikipedia.org/Creative Commons   HCL Technologies Founder Shiv Nadar and family, through the Shiv Nadar Foundation, have retained their