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Sun Pharma is looking at high single-digit growth in its consolidated topline this fiscal on the back of robust performance from all its business verticals, according to company's Managing Director Dilip Shanghvi. The Mumbai-based company had reported a consolidated revenue of Rs 43,278 crore in 2022-23. «All our businesses are well-positioned, and we expect high-single-digit consolidated topline growth for FY24,» Shanghvi informed shareholders through company's Annual Report for 2022-23. He noted that the global pharmaceutical industry remains quite dynamic, and always buzzing with new avenues for capital deployment. Pursuing any one of these options can place considerable pressure on the balance sheet, he added. «Success is not guaranteed, and it is important for us that we remain thoughtful and selective in deciding which options to pursue. However, we will not shy away from making disproportionate investments to grow our businesses, should an opportunity present itself,» Shanghvi said. The drug maker is currently sitting on a net cash position of around USD 1.5 billion, he said.

Friendship, as a force of profound significance, not only forges enduring stability but also creates an intricate safety net that safeguards all of us, igniting a collective passion for a better world where unity serves the greater good. To commemorate this vital day, the UN urges governments, international organizations, and civil society groups to conduct events, activities, and initiatives that bolster the international community's endeavors in promoting dialogue among civilizations, solidarity, mutual understanding, and reconciliation.

Drastic changes in consumer demands are driving labor unrest in diverse industries upended by technology

Japan’s Foreign Minister Yoshimasa Hayashi says that Sri Lanka's strategic location in the Indian Ocean makes it a key partner in realizing a free and open Indo-Pacific

India, the global technology leader in networked visualization solutions for the entertainment, enterprise and healthcare markets Barco, showcased its latest products and solutions at the Barco Connect 2023 (One Barco event) in Delhi. Barco offers a range of networked visualization products in the Indian market, including digital cinema projectors, large screen display solutions, collaboration solutions, rugged displays for professional applications, and Hi-tech medical displays, according to a release.

Market Volatility and Exogenous Factors:Market volatility primarily stemmed from exogenous factors. Global monetary and fiscal tightening measures were implemented across countries (with few exceptions) to manage persistent inflation. The shocks caused by the Russia-Ukraine war and China's Covid restrictions also contributed to volatility.

Raamdeo Agrawal, Chairman, Motilal Oswal Financial Services Ltd (MOFSL), in conversation with Nikunj Dalmia of ET Now. Agrawal says “if the market remains flat, obviously my return will be coming only from the operation side. But aaisa hua nahi kabhi (that has never happened).

The Information Commissioner's Office (ICO) announced on July 25, 2023, that it plans to initiate an investigation into Worldcoin, a project overseen by OpenAI CEO Sam Altman. The investigation is set to commence shortly after the announcement.  ICO is the  data regulator in the United Kingdom.

semiconductor design linked incentive scheme (DLI) to include bigger Indian as well as foreign companies, the minister of state for electronics and information technology Rajeev Chandrasekhar said. Speaking to reporters on the sidelines of the Semicon 2023 event in Gandhinagar, Gujarat, Chandrasekhar said that so far seven startups had been selected as participants in the semiconductor DLI scheme. “This initiative is steadily gaining confidence and support.

The crypto market is holding off the bears and has continued to post bullish signals. So far, the nascent industry has surged 0.21%, hitting $1.18 trillion, with several altcoins seeing remarkable increases as a result.

Defence Minister Rajnath Singh on Saturday said a robust and enlightened civil society is essential for a functioning democracy. Addressing a C20 meeting here, he said civil society organisations (CSOs) can act as force multipliers for governments. Referring to various C20 groups working in various domains like health, education and digital transformation, gender equality, technology and security, the defence minister emphasised that these groups have the potential to impact official policies and programmes. «A robust and enlightened civil society is essential for a functioning democracy as it enables the citizens to engage in deliberative dialogues and cooperative efforts outside the adversarial arena of electoral politics and towards achieving the national objectives,» he said. The C20, launched in 2013 as an official G20 engagement group, provides a platform for the CSOs to bring forth non-governmental perspectives on the issues being taken up by the official G20. The C20 (or Civil 20) is being held here over three days from July 29 to July 31 with over 700 delegates expected to participate in it.

appointment of Tariq Mansoor is being seen to be part of the party's overtures to Pasmanda (backward) Muslims as the saffron party looks for re-election in the coming polls. Tariq Mansoor joined AMU as the vice chancellor on May 17, 2017 for a period of five years. While his tenure was supposed to be until 2022, it was extended for another year under special circumstances owing to the coronavirus pandemic.

Nirmala Sitharaman announced that India's G20 presidency will outline the roadmap for transforming multilateral development banks (MDBs). The process aims to bolster these financial institutions and equip them to confront 21st-century challenges.

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₹765 crore, 61% up from ₹474 crore during the corresponding quarter in the previous fiscal. The net interest income of the bank grew 36% from Rs. 2,751 crore in Q1FY23 to Rs.

New Delhi: NEW DELHI: The Ministry of Electronics and IT (MeitY) and the Ministry of Information and Communication Technology (MICT) of Papua New Guinea signed a memorandum of understanding (MoU) for sharing India Stack, successful digital solutions implemented at population scale in New Delhi on 28 July. Earlier, MeitY hosted the inaugural Global DPI Summit in Pune on June 12-13.

CBI has arrested four people, including two joint director-ranked officers posted in the Ministry of Corporate Affairs and an associate of Alok Industries, in connection with alleged bribery of Rs 3 lakh, officials said on Saturday. «Searches were conducted in Delhi, Gurugram and Chennai in the premises of the accused which led to the recovery of cash of Rs 59.80 lakh (approximately), several incriminating documents and digital evidences,» the CBI said in a statement.

Qualcomm's Snapdragon 888 SoC, adds the report from the media publication. It is unusual for Samsung to opt for a Qualcomm chip instead of its own Exynos processors, especially considering that the Snapdragon 888 is nearly three years old. The report adds that the Galaxy M44, with the model number SM-M446K, was benchmarked and found to have 6GB of RAM.

Bitcoin is currently trading at $29,436, experiencing a slight increase of nearly 0.50% on Saturday. 

Hero MotoCorp has discreetly taken down the Passion Pro commuter motorcycle from its official website, and dealerships have also confirmed that the bike is currently unavailable, reported HT Auto. As per the report from the publication, the company has not provided clarity on whether this discontinuation is a temporary measure or a permanent one. However, customers interested in the Passion series need not be concerned as Hero is continuing to sell the Passion XTEC and the more affordable Passion Plus models.

crypto enthusiasts streamed into co-working spaces in Mexico City this week for the global launch of Worldcoin, hoping to have their irises scanned with a biometric verification device in exchange for cryptocurrency. Mexico City is one of 35 cities in 20 countries where Worldcoin — founded by Open AI CEO Sam Altman — is pushing its ambitious project to create a unique «digital passport» called World ID, which would help distinguish humans from bots online.