Hiring demand in India’s pharma and life sciences sector rose 20% in April-September, led by mid-career professionals and specialised roles.
Axis Bank Q2 Net Profit Jumps 39% to ₹7,705 Crore
Axis Bank’s consolidated net profit rose 39.4% to ₹7,704.67 crore in Q2 FY27, supported by strong loan growth and better asset quality.
MSM Unify India Acquires Majority Stakes in KlickEdu and RJ Vision
MSM Unify India has acquired majority stakes in KlickEdu and RJ Vision to expand into healthcare education and competitive-exam preparation.
KTM Opens Brazil Plant With Capacity of 20,000 Motorcycles
KTM has opened a new Manaus assembly plant with capacity to produce 20,000 motorcycles annually as it expands operations in Brazil.
Tata Trusts Plans Network of 40-50 Not-for-Profit Hospitals
Tata Trusts plans to create 40-50 not-for-profit hospitals where paying patients will help subsidise healthcare for those who cannot afford treatment.
FSSAI Proposes Maximum Residue Limits for Two Pesticides in Tea
FSSAI has proposed residue limits of 20 ppm for Acetamiprid and 50 ppm for Imidacloprid in tea to strengthen food safety and regulatory clarity.
Crompton Greaves Q2 Profit Jumps 65% to ₹124 Crore
Crompton Greaves Consumer Electricals reported a 65% jump in Q2 net profit to ₹124.39 crore as revenue rose 18% on strong consumer durables demand.
India’s Forex Reserves Fall $8.58 Billion to $726.03 Billion
India’s forex reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, RBI data showed.
Indian Bank Sees Profitability Impact From RBI’s New Forex Risk Reserve Requirement
Indian Bank says RBI’s new forex risk reserve requirement could raise costs and put some pressure on profitability.
India Needs Rapid Economic Reforms to Become Developed Nation by 2047: NITI Aayog Vice Chairman
NITI Aayog Vice Chairman Ashok Kumar Lahiri says India needs rapid reforms and structural changes to lift per capita income and achieve developed-country status by 2047.
