Minister of Consumer Affairs, Food and Public Distribution, Pralhad Joshi, on Saturday directed the Consumer Affairs Ministry and the Central Consumer Protection Authority to launch an investigation into cancellation charges…
Category: Companies
Gokaldas Exports Q4 consolidated net down by 31.97% at ₹35.96 crore
Apparel manufacturer Gokaldas Exports has reported a 31.97 per cent year-on-year decline in consolidated net profit to ₹35.96 crore during the quarter ended March 31, due to disruptions following US…
Venus Remedies gets Saudi FDA approval for speciality oncology therapy
Pharma major Venus Remedies Limited on Saturday said it has received marketing authorisation from the Saudi Food and Drug Authority (SFDA) for speciality oncology therapy — Plerixafor. Plerixafor is a…
Seven ways AI is making 2025 tech layoffs different from Silicon Valley’s earlier job cuts
The latest wave of tech looks very different from the massive workforce cuts that hit Silicon Valley during 2022 and 2023. Earlier layoffs were largely driven by pandemic overhiring, slowing…
Green SM’s cyan EV fleet, ₹35,000 driver guarantee signal Vingroup’s big India bet
If you have been driving through Delhi-Gurgaon and NCR recently, chances are you have already spotted the bright turquoise-cyan electric vehicles carrying the Green SM logo and wondered whether this…
SpaceX’s Money-Losing Rockets Are Biggest Asset in AI Dream
(Bloomberg) — SpaceX revealed eye-popping numbers in its IPO prospectus, including a $26.5 trillion potential market for an empire spanning artificial intelligence and telecommunications. But another, comparatively low, number also…
Legal fight could delay a proposed $7B settlement for lawsuits in Roundup cancer claims
JEFFERSON CITY, Mo. (AP) — Delays could be in store for a proposed $7.25 billion settlement covering thousands of claims that the maker of Roundup weedkiller failed to warn people…
Wingtech seeks $1.2 billion damages in new suit against Nexperia
BEIJING, May 22 (Reuters) – China’s Wingtech Technology has filed a lawsuit with a subsidiary against Nexperia B.V. and five other entities, saying its control over the Dutch chipmaker remained…
Central Bank OFS subscribed 2.35 times on Day-1, govt exercises green shoe option
The government’s offer for sale (OFS) in Central Bank of India was subscribed 2.35 times on the first day, reflecting strong demand from institutional investors. The response prompted the government…
Sun Pharma guides for slower FY27 growth amid regulatory, macro challenges
After posting double-digit revenue growth in FY26, Sun Pharmaceutical Industries—India’s biggest pharmaceutical company by revenue and market capitalization—has projected high single-digit growth for the current fiscal year (FY27), citing regulatory…