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Delhi's air quality worsens, over Rs 5.85 cr fine imposed

Delhi's air quality worsened further on Saturday, with many areas in the "severe" category, even as authorities intensified their action by imposing penalties of around Rs 5.85 crore on the first......

AI Can't Be Left To Techies!

Here is the Brahma Mantra for mankind: So long as the world has leaders with judgement -- humane, compassionate, and no-nonsense in their thinking -- natural intelligence will prevail, notes R......

Excise policy: ED attaches assets worth Rs 115 cr of 2 approvers

The Enforcement Directorate has attached assets worth more than Rs 115 crore of two of its approvers -- Telugu Desam Party's Lok Sabha poll candidate Magunta Sreenivasulu Reddy's businessman son......

Kavitha forced S C Reddy to pay Rs 25 cr to AAP: CBI

The Central Bureau of Investigation has told a special court here that Bharat Rashtra Samithi leader K Kavitha had allegedly "threatened" Aurobindo Pharma promoter Sharath Chandra Reddy to pay an......

HC upholds Kejriwal's arrest, says law applies equally to all

In a massive blow to Delhi Chief Minister Arvind Kejriwal ahead of the Lok Sabha polls, the Delhi high court on Tuesday upheld his arrest in a money laundering case stemming from the alleged excise......

Lower input costs may aid pharma firms' Q2 margins

Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and......

Shares Buyback Breaks 14 Month Record In August

A sharp rise can be attributed to the significant changes in India's share buyback tax regime, which will come into effect from October 1, 2024. Illustration: Dominic Xavier/Rediff.com It's......

Pricing challenge in US biz, rich valuations may weigh on pharma stocks

The tailwind of low price erosion in the US generics market, seen by domestic pharmaceutical companies in calendar year 2023 (CY23), may be reversing slowly, caution analysts. Illustration: Uttam......

Are Indian Markets Overstretched?

The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21. Illustration: Dominic Xavier/Rediff.com Indian......

Aurobindo Pharma: Strong prospects offset by valuation concerns

Since the start of this financial year (FY24), the stock of Aurobindo Pharma has been one of the top pharma gainers, enhancing investor wealth by over 68 per cent, with a third of those gains......

'40 Years On, Saaransh Is Still Relevant'

'It hasn't wrinkled because truth doesn't wrinkle. It's like fire; it burns every time you touch it.' IMAGE: Anupam Kher, Rohini Hattangadi and Soni Razdan in Saaransh . As Saaransh completes 40......

New IPL teams: Goenka gets Lucknow; CVC bags Ahmedabad

IMAGE: The Indian Premier League trophy. Photograph: BCCI Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international......

Adani, Goenka could lead the charge at IPL team bidding

IMAGE: There are 22 companies which have picked up tender document worth Rs 10 lakh but with base price for new teams pegged at Rs 2000 crore,......

Deepika-Ranveer Singh to buy IPL team?

IMAGE: Ranveer Singh and Deepika Padukone. Photograph: Pradeep Bandekar After superstar Shah Rukh Khan, and actresses Juhi Chawla and Preity Zinta, expect more Bollywood presence in the Indian......

Manchester United owners 'interested' in new IPL team: Report

IMAGE: Manchester United manager Ole Gunnar Solskjaer, left, with team owners Joel Glazer and Avram Glazer during a training session on April 15, 2019. Photograph: Carl Recine/Reuters Manchester......

BCCI extends deadline for tenders for new IPL teams

IMAGE: The Indian Premier League trophy. Photograph: BCCI The BCCI on Wednesday extended the deadline for purchasing the tender document for the new Indian Premier League teams by another 10 days......

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