Business1 Min Read SidonMay 22, 2026 India’s economy has faced numerous challenges. What keeps it resilient? Despite challenges from Covid and inflation, Indian companies have proved their resilience through consolidation, stricter regulations,…
Business3 Min Read SidonMay 22, 2026 Key Highlights: RBI Allocates ₹2.87 Lakh Crore Surplus, Markets Close Strong, Hindalco Sees Soaring Q4 Profit, and More In a significant boost for the Modi government, the Reserve Bank of India has approved a historic surplus transfer of ₹2.87 lakh crore to the…
Business2 Min Read SidonMay 22, 2026 Novo Nordisk invests in AI to expedite obesity medication launch as India emerges as a key center. Novo Nordisk is poised to significantly reduce the time required to launch new drugs by up to two-thirds with the integration of AI, as stated…
Business2 Min Read SidonMay 22, 2026 Gujarat Themis Biosyn to Purchase Japan’s MicroBiopharm for ₹1,300 Crore On Friday (May 22), Gujarat Themis Biosyn Ltd (GTBL) announced that it has signed a definitive agreement to acquire 100% equity shareholding…
Business2 Min Read SidonMay 22, 2026 CCI Concludes Long-Standing Dominance Abuse Case Involving 12 Hospitals in Delhi The Competition Commission has concluded a lengthy investigation lasting over ten years against twelve hospitals in the national capital,…
Business1 Min Read SidonMay 22, 2026 India’s foreign exchange reserves decrease by $8 billion, totaling $688.894 billion. India’s foreign exchange reserves fell by $8.094 billion to $688.894 billion for the week ending May 15, according to the Reserve Bank…
Business2 Min Read SidonMay 22, 2026 Indigo Paints Reports Increased Q4 Net Profit Driven by Revenue Growth; Announces ₹5 Dividend Indigo Paints Ltd, a paint manufacturer, announced a 1.4% increase in its net profit to ₹57.7 crore for the fourth quarter on Friday (May 22),…
Business4 Min Read SidonMay 22, 2026 Ramco Cements Reports Q4 Profit Surpassing Expectations, Soars 5 Times Due to Extraordinary Factors; Announces ₹2.50 Dividend Ramco Cements Ltd announced a consolidated net profit of ₹146.39 crore for the fourth quarter on Friday (May 22), surpassing the CNBC-TV18…
Business1 Min Read SidonMay 22, 2026 Fortis Healthcare Reports 45% Increase in Q4 Profit Due to Reduced Exceptional Losses and Increased Revenue Fortis Healthcare Limited announced a consolidated net profit increase of 44.6% for the fourth quarter ending March 31, 2026, reaching ₹265.9…
Business2 Min Read SidonMay 22, 2026 Kolte-Patil Developers Reports Q4 Loss Amidst 65% Revenue Decline Kolte-Patil Developers Limited announced a net loss of ₹15.8 crore for the fourth quarter on Friday, May 22, contrasting with a profit of…