[ad_1] HYDERABAD: Despite posting record revenues, pharma major Dr Reddy’s Laboratories on Thursday reported a marginal 2% increase in consolidated profit after tax (PAT attributable to equity holders) at Rs 1414.3 crore as compared to Rs 1,379 crore in the corresponding quarter of last fiscal year.The company posted a 16% jump in revenues at nearly…
[ad_1] NEW DELHI: Dr Reddy’s Laboratories on Thursday said its consolidated net profit increased 2 per cent to Rs 1,413 crore in the third quarter ended December 31, 2024 driven by robust performance across markets. The Hyderabad-based drug major had reported a profit of Rs 1,379 crore for the October-December period of last fiscal. Revenue…
[ad_1] MUMBAI: Restaurants have a plan to take on food delivery giants Zomato and Swiggy who they claim are eating into their business by launching private label food — they will tap govt-backed ONDC (open network for digital commerce) to deliver food to customers. The groundwork has started and the modalities for easy on-boarding of…
[ad_1] SAN JOSE: South Korean tech company Samsung Electronics is readying for a giant leap in Artificial Intelligence (AI) functions with its premium smartphone models of Galaxy S25 series, which was launched on Wednesday. Aiming to regain ground in the Indian market after losing its numero uno position last year in face of stiff Chinese…
[ad_1] Budget 2025 expectations: In the July 2024 budget, Rs 16,575 crore were allocated for RoDTEP. (AI image) Budget 2025 expectations: In the upcoming Union Budget 2025-2026, finance minister Nirmala Sitharaman is expected to increase fund allocations for two major tax remission schemes for exporters by almost 10 per cent each, according to sources familiar…
[ad_1] Saudi Arabia’ crown prince Mohammed bin Salman on Thursday announced that he is looking forward to investing a staggering $600 billion in the United States in the upcoming four years. This announcement follows US President Trump’s plans to visit the middle eastern nation as his first foreign trip.After his inauguration, Trump talked about his…
[ad_1] Budget 2025 labour code: Several implementation options are under consideration, including a three-phase deployment. Budget 2025 expectations: Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech may outline a strategy in the forthcoming budget for a gradual implementation of labour codes beginning next fiscal year, prioritising larger establishments.Official sources informed ET that several…
[ad_1] The defence ministry has rejected Larsen and Toubro’s bid in the Rs 70,000 crore tender for acquiring six advanced submarines under the Navy’s Project 75 India initiative. L&T proposed the deal in partnership with Spanish firm Navanita. The ministry rejected the proposal for not being compliant with Indian Navy requirements, ANI reported citing sources….
[ad_1] Data from the India Bullion and Jewellers Association (IBJA) showed 24-carat gold closed at Rs 80,194 per 10 gms. (AI image) Gold prices surpassed Rs 80,000/10 gm for the first time on Wednesday, according to data from a leading industry organisation, reflecting increased safe-haven demand from investors concerned about potential market volatility following an…
[ad_1] Budget 2025 income tax expectations: Recently, some significant changes in the new income tax regime. By Parizad SirwallaBudget 2025 income tax expectations: While the Union Budget 2025 is anticipated to provide further impetus on simplifications of existing tax provisions, there are heightened expectations for economic reforms aimed at reviving the declining consumption in response…
