Sun Pharmaceutical Industries Limited on Wednesday announced that it has received approval from the South African Health Products Regulatory Authority (SAHPRA) to manufacture and market a generic version of semaglutide injection in South Africa for the treatment of adults with inadequately controlled type 2 diabetes mellitus as an adjunct to diet and exercise. Sun Pharma … Read more
Brokerages retained a cautious stance on L&T Technology Services Ltd. (LTTS) after its June-quarter FY27 earnings, with Nomura marginally raising its target price following a better-than-expected performance, while Kotak Securities, JPMorgan and Nuvama lowered their price targets amid demand uncertainties and forex-related headwinds. Analysts broadly agreed that the engineering services company delivered a decent quarter, … Read more
Evil Dead Burn showed signs of recovery on Tuesday, after losing momentum at the start of the week. The supernatural horror film posted better collections than Monday, with improved audience turnout helping it maintain a steady run at the Indian box office. Here’s how the film fared on Day 5. Box Office Report Evil Dead … Read more
The water stock in the seven lakes of Mumbai dropped marginally to 49.73% on Wednesday, the data by Brihanmumbai Municipal Corporation (BMC) showed. These lakes have a total strength of 14.47 lakh million litres, but collectively held 7,19,716 million litres of water. The Bhatsa, Modak Sagar, Upper Vaitarna, Tansa, Vihar, and Tulsi and Middle Vaitarna … Read more
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. Systematix Report Shares of Nuvoco Vistas opened 9% higher and rallied further on … Read more
Restaurants and other food establishments in Guwahati will be allowed to remain open until 3:30 am on select FIFA World Cup match days, according to an announcement made by the Assam government and local authorities. Assam Chief Minister Himanta Biswa Sarma said in a post on X, “I have authorised the District Administration in Guwahati … Read more
Shares of state-owned oil marketing companies (OMCs) traded higher on Wednesday after Morgan Stanley turned more constructive on the sector, arguing that Asian refiners are entering a new “Golden Age” driven by structurally stronger refining margins. HPCL led the gains, rising nearly 2%, while BPCL advanced over 1.1% and Indian Oil Corporation (IOCL) gained more … Read more
The SBI Funds Management’s Rs Rs 9,795-crore IPO opened for public subscription on July 14 and will close on July 16. The price band has been fixed at Rs 545-574 per equity share, with investors able to bid for a minimum of 26 shares and in multiples thereafter. The public issue is entirely an offer for … Read more
Nagpur Cyber Police have registered a First Information Report (FIR) against four social media influencers, including YouTuber Manish Kashyap, for allegedly conspiring to defame Union Minister for Road Transport and Highways Nitin Gadkari by circulating misleading content related to E20 (ethanol-blended) fuel. The other individuals named in the FIR are Desi Boys NCR, Harshit Rathi … Read more
US senators on Tuesday unveiled a revised version of a Russia sanctions bill that softens an earlier threat of steep tariffs on China, India and other buyers of Russian energy, according to Reuters. The bipartisan measure, championed by Senator Lindsey Graham, aims to sanction Russian officials while using tariffs to pressure China and India into … Read more