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Category: Business and Trade news

'Indri' maker Piccadily Agro Q4 profit drops 7.5 pc, revenue slips

‘Indri’ maker Piccadily Agro Q4 profit drops 7.5 pc, revenue slips

Business and Trade news May 21, 2025

Mumbai, May 21 (IANS) Haryana-based distillery Piccadily Agro Industries, maker of the ‘Indri’ single-malt whiskey, on Wednesday reported a 7.49 year-on-year (YoY) decline in its net profit to Rs 39.80… Continue reading ‘Indri’ maker Piccadily Agro Q4 profit drops 7.5 pc, revenue slips

New EV models, govt incentives to drive hybrid penetration growth in India: HSBC

New EV models, govt incentives to drive hybrid penetration growth in India: HSBC

Business and Trade news May 21, 2025

New Delhi, May 21 (IANS) EV penetration in India has improved with new model launches over the last six months, and new model launches and government incentives will drive hybrid… Continue reading New EV models, govt incentives to drive hybrid penetration growth in India: HSBC

Torrent Pharma's Q4 net profit falls marginally to Rs 498 crore, revenue up

Torrent Pharma’s Q4 net profit falls marginally to Rs 498 crore, revenue up

Business and Trade news May 21, 2025

Mumbai, May 21 (IANS) Torrent Pharmaceuticals on Wednesday reported a 0.99 per cent quarter-on-quarter (QoQ) decline in its net profit for the fourth quarter (Q4) of FY25, with earnings dropping… Continue reading Torrent Pharma’s Q4 net profit falls marginally to Rs 498 crore, revenue up

Sensex to hit 89,000 by June 2026: Morgan Stanley

Sensex to hit 89,000 by June 2026: Morgan Stanley

Business and Trade news May 21, 2025

Mumbai, May 21 (IANS) Global investment bank Morgan Stanley has raised its Sensex target to 89,000 by June 2026, signalling an 8 per cent upside from current levels. This revision… Continue reading Sensex to hit 89,000 by June 2026: Morgan Stanley

India’s auto parts sector to clock 9 pc growth in 2025-26: Report

India’s auto parts sector to clock 9 pc growth in 2025-26: Report

Business and Trade news May 21, 2025

New Delhi, May 21 (IANS) India’s automotive component sector is expected to clock 7-9 per cent revenue growth during the financial year 2025-26, driven by sustained demand momentum from the… Continue reading India’s auto parts sector to clock 9 pc growth in 2025-26: Report

Global tech giant Foxconn lines up another .5 billion investment for India

Global tech giant Foxconn lines up another $1.5 billion investment for India

Business and Trade news May 21, 2025

New Delhi, May 21 (IANS) Taiwanese tech giant Foxconn is investing another $1.5 billion to expand its operations in India, as the key supplier for Apple’s iPhones is looking to… Continue reading Global tech giant Foxconn lines up another $1.5 billion investment for India

India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report

India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report

Business and Trade news May 21, 2025

New Delhi, May 21 (IANS) Despite weathering effects precipitated by global upheavals, Indian economy stays largely resilient and is projected to clock a GDP growth around 6.4-6.5 per cent in… Continue reading India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report

Gemini AI app crosses 400 million monthly active users: Sundar Pichai

Gemini AI app crosses 400 million monthly active users: Sundar Pichai

Business and Trade news May 21, 2025

New Delhi, May 21 (IANS) The Gemini app now has over 400 million monthly active users and we are seeing strong growth and engagement particularly with the 2.5 series of… Continue reading Gemini AI app crosses 400 million monthly active users: Sundar Pichai

Indian stock market opens higher despite fresh Covid concerns

Indian stock market opens higher despite fresh Covid concerns

Business and Trade news May 21, 2025

Mumbai, May 21 (IANS) The Indian benchmark indices opened higher on Wednesday amid mixed global cues as buying was seen in the pharma, auto, PSU bank and financial service sectors… Continue reading Indian stock market opens higher despite fresh Covid concerns

US FDA inspects Samsung Biologics facilities in South Korea

US FDA inspects Samsung Biologics facilities in South Korea

Business and Trade news May 21, 2025

Seoul, May 21 (IANS) The US Food and Drug Administration (FDA) is currently conducting an on-site inspection of Samsung Biologics’ production facilities in South Korea, industry sources said on Wednesday.… Continue reading US FDA inspects Samsung Biologics facilities in South Korea

Kia, BMW, Hyundai to recall over 16,000 vehicles for defective components

Kia, BMW, Hyundai to recall over 16,000 vehicles for defective components

Business and Trade news May 21, 2025

Seoul, May 21 (IANS) Kia, BMW Korea and Hyundai Motor will voluntarily recall over 16,000 vehicles due to manufacturing defects, the transport ministry here said on Wednesday. According to the… Continue reading Kia, BMW, Hyundai to recall over 16,000 vehicles for defective components

SBI to raise  billion from foreign market in FY26

SBI to raise $3 billion from foreign market in FY26

Business and Trade news May 21, 2025

New Delhi, May 20 (IANS) The SBI announced on Tuesday that its board has approved a plan to raise up to $3 billion in long-term funds during the financial year… Continue reading SBI to raise $3 billion from foreign market in FY26

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