Biocon’s consolidated net profit plummeted by 95% to Rs 31 crore in the June quarter, with total revenue declining to Rs 4,022 crore. Despite this, operating revenue increased by 15% YoY, driven by Biosimilars and CRDMO gains. A recent QIP has strengthened the balance sheet, enabling increased ownership in Biocon Biologics and positioning the company…
Amitabh Kant views the US tariff hike on Indian goods as a chance to accelerate economic reforms. Donald Trump’s decision, linking tariffs to India’s Russia ties, doubles duties on various exports, potentially impacting sectors like textiles and gems. This move precedes trade negotiations, where the US seeks concessions from India.
Amitabh Kant views the US tariff hike on Indian goods as a chance to accelerate economic reforms. Donald Trump’s decision, linking tariffs to India’s Russia ties, doubles duties on various exports, potentially impacting sectors like textiles and gems. This move precedes trade negotiations, where the US seeks concessions from India.
As AI rapidly evolves, a segment of the population is practicing ‘AI veganism,’ resisting its adoption due to ethical, environmental, and human capability concerns. Studies reveal worries about critical thinking decline, laziness, and privacy issues linked to AI reliance. The Writers Guild and Screen Actors Guild strikes highlighted ethical concerns regarding unauthorized use of creative…
Intel’s shares declined after Donald Trump urged CEO Lip-Bu Tan to resign, citing conflicts of interest due to alleged ties to China. Senator Tom Cotton also raised concerns about Tan’s connections to Chinese firms, some with links to China’s military. This controversy impacts Intel, a major beneficiary of the CHIPS Act, as it undergoes restructuring…
Mukesh Ambani, Asia’s richest man, continues to forego his salary from Reliance Industries for the fifth year, relying on dividend income. Despite this, he earned ₹8.85 crore from his shares, while promoter group firms garnered ₹3,655 crore in dividends. Other executives saw varied remuneration, with Ambani’s children receiving sitting fees and commissions.
A recent study reveals that a woman’s mental well-being and self-belief are key to managing childbirth fear. Researchers from Robert Gordon University and UniSA found that positive emotions, strong relationships, and confidence in coping strategies significantly reduce anxiety. The study emphasizes antenatal care that empowers women psychologically, fostering confidence and promoting healthier births by focusing…
