Cipla eyes weight management foray: CEO

Cipla, a prominent drug manufacturer based in Mumbai, is set to enter the weight management market in India, according to MD and Global CEO Umang Vohra’s FY25 annual report. The company is also focusing on expanding its influence within the central nervous system therapeutic area, aiming to strengthen its overall market position.

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Electronics, pharma get 70% of PLI share

In 2024-25, the Indian government disbursed Rs 10,114 crore under Production-Linked Incentive (PLI) schemes, with large-scale electronics manufacturing receiving Rs 5,732 crore and pharmaceuticals securing Rs 2,328 crore. These two sectors collectively accounted for approximately 70% of the total incentive disbursements, highlighting their significant role in the PLI initiative.

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‘Talks beautifully, then bombs people’: Trump calls out Putin; sanctions on Russia in works?

US President Donald Trump has criticized Vladimir Putin’s attacks on Ukraine, following a major Russian airstrike. Trump indicated potential sanctions and confirmed the US will send Patriot air defense systems to Kyiv. He mentioned a deal where Nato would reimburse the US for the weapons. A major announcement is expected soon, signaling a possible shift…

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Q1 earnings, trade talks to guide markets: Analysts

Indian stock investors brace for a busy week, closely monitoring quarterly earnings from major companies. The potential results of India-US trade discussions and upcoming inflation figures will significantly influence market direction. Global market performance and foreign investor activity are also key factors. Analysts emphasize the importance of tracking both WPI and CPI inflation data during…

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“Took a nap afterwards” – Michael Porter Jr gets candid after his departure from Nikola Jokic’s team

Michael Porter Jr.’s trade to the Brooklyn Nets surprised many, but Porter embraced the change with calm acceptance. Leaving the Denver Nuggets after their championship run, he’s eager to mentor young talent in Brooklyn. Coach Jori Fernandez values Porter’s work ethic and championship experience, expecting him to lead by example as the Nets aim for…

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SBI PO 2025 application window closing today: Check steps to apply and other details here

The State Bank of India (SBI) will close the online registration for SBI PO Recruitment 2025 today, July 14. The recruitment drive aims to fill 541 Probationary Officer vacancies. The selection process involves four stages: Preliminary Exam, Main Exam, Psychometric Test, and Interview. Eligible candidates must apply via the official website, sbi.co.in, before midnight.

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Infosys unit in US to pay $125,000 penalty in cybersecurity probe

Infosys McCamish Systems (IMS) settled with Vermont’s Department of Financial Regulation for failing to provide timely information during a cybersecurity incident investigation and delaying notifications to affected parties. IMS will pay a $125,000 penalty without admitting violations. This follows a $17.5 million settlement in March to resolve class-action lawsuits related to the 2023 breach.

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Stuntman SM Raju dies during shoot

Tragedy struck the set of Arya and Pa. Ranjith’s upcoming film as stunt artist SM Raju passed away during a car toppling stunt. Actor Vishal, deeply saddened by the loss of Raju, a long-time collaborator, expressed his condolences and pledged support to Raju’s family. Tributes poured in from the film industry, with Stunt Silva also…

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