Zydus Lifesciences Ltd reported double-digit revenue and profit growth on Thursday, beating expectations for the September quarter. The Ahmedabad-based drugmaker’s consolidated revenue from operations grew 17% year-on-year to ₹6,123.2 crore, while net profit grew 38% on-year to ₹1,258.6 crore. A Bloomberg poll had pegged revenue at ₹5,953 crore and net profit at ₹1,088.9 crore. Its…
Bengaluru: Zomato Hyperpure Pvt Ltd, Eternal Ltd’s business-to-business (B2B) restaurant supply arm, has leased around 550,000 sq. ft. near Mumbai to run a warehouse facility. The space at Bhiwandi, in Thane district, has been leased from Zuijin Developers Pvt Ltd. The lease was registered on 1 November, for a tenure of four years and seven…
Superheroes are making way for horror and drama for Hollywood films in India. Hollywood is finding box office success in India on the back of some alternative emerging genres that help the US movie industry stay afloat in the country. Horror (The Conjuring: Last Rites) and drama (F1: The Movie) are the new audience favourites…
The recent reduction in the goods and services tax (GST) rates on select vehicles to 18% from 28% has revived retail sentiment, sparking an uptick in passenger vehicle sales and demand for loans to finance them, four lenders said. In September, India’s banking industry saw a vehicle loan growth of 7.3% year-on-year (y-o-y), nearly half…
Bank holiday today: On Thursday, November 6, banks in Bihar and Meghalaya will be closed for the first phase of Bihar Assembly elections and Nongkrem dance, respectively, according to the Reserve Bank of India’s region-wise holiday calendar for the fiscal 2025-26. Bank holiday for Bihar Assembly elections The Legislative Assembly elections in Bihar are scheduled…
When faced with the uncomfortable question of accepting a pay cut during a job interview, don’t fall into the simple “yes” or “no” trap. Ankur Warikoo, the entrepreneur and content creator, was quoted in an India Today report as saying that a blunt refusal closes doors, while a quick acceptance immediately undervalues the person’s skills….
Top film stars may have largely refrained from acting in web series or OTT (over-the-top) originals, continuing to rely on the charm and scale of theatrical releases. Yet, that hasn’t stopped them from stepping in as producers—backing niche, small-budget streaming shows that serve multiple purposes. For one, their name adds brand heft, helping market and…
Past ventures, such as Hike and Koo, failed to gain lasting traction. The reasons lie in a mix of limited scalability, inconsistent funding, weak advertising ecosystems, and an overreliance on imitation rather than innovation. With the government stepping up its push for ‘atmanirbharta’ (self-reliance) in the digital space, creating sustainable homegrown social media platforms remains…
Bank holiday today: Banks in some parts of the country will be closed on Wednesday, November 5, to observe Guru Nanak Jayanti, Kartika Purnima and Rahas Purnima according to the state-wise holiday calendar of the Reserve Bank of India (RBI). The banks in the rest of the country will remain open today. Bank Holiday on…
Bengaluru: Blackstone-backed Nexus Select Trust, India’s first publicly-listed retail real estate investment trust (Reit), said on Tuesday that it has a robust acquisition pipeline of ten shopping malls and centres, including one greenfield development, as part of its growth strategy. Three of these assets are currently under due diligence, and the transactions are expected to…