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Zydus Lifesciences reported a net profit jump of 14% to Rs 911 crore in Q2FY25 led by robust sales growth in India and US markets. The drug maker had reported a net profit of Rs 801 crore in the July-September quarter of last fiscal.

Sean Diddy Combs is having trouble finding a buyer for his freak-off mansion in Los Angeles. With its purported connections to Sean Diddy Combs' notorious freak-offs, the market for his Beverly Hills estate has apparently been sluggish to grow, as quoted in a report by the Daily News. A few months after the mansion was raided by FBI and Homeland Security agents and months before he was arrested by federal agents in New York in September, the 55-year-old disgraced music mogul put it up for sale during the summer.

LCC Infotech and its promoters — Kirti Lakhotia, Sidharth and Pratik Lakhotia — for misrepresenting the financial statements of the company. The regulator levied a penalty of Rs 6 lakh on LCC Infotech and a Rs 1 lakh fine each on Kirti Lakhotia (Chairperson and MD), Sidharth Lakhotia (CEO), Pratik Lakhotia, Kamaljit Singh, Rajat Sharma and Mayur P Shah. In a 39-page order, Sebi found that LCC misrepresented its financial statements for FY 2021-22 by not making provisions/impairment on loans, debtors and investments as per applicable accounting standards and did not make certain disclosures about related party transactions in the annual report for the FY 2019-20, FY 2020-21 and FY 2021-22.

Protesters have blocked bridges leading to the capital of the Georgian separatist region of Abkhazia as tensions flared in a dispute over a proposed law that would encourage Russian investment

Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments

A suspected attack by Yemen’s Houthi rebels has seen multiple explosions strike near a vessel traveling through the Red Sea

The Czech power company CEZ on Tuesday reported net profit of 23.4 billion Czech crowns ($984 million) in the first three quarters of the year, 6.4 billion lower than the same period last year

German media are reporting that Chancellor Olaf Scholz is expected to ask for a vote of confidence in his government on Dec. 16

China’s e-commerce firms reported an increase in the number of shoppers and a growth in sales for this year’s Singles’ Day shopping festival, although final figures were not publicly revealed

Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe than in the past, and its performance beat Wall Street’s expectations

A former Hong Kong reporter of The Wall Street Journal says she'll sue the publication for sacking her because she joined a trade union

Subscribe to enjoy similar stories. There is a massive opportunity in courier aggregation as e-commerce is evolving fast and has sufficient headroom for growth in the coming years, Kapil Makhija, managing director and chief executive officer of listed e-commerce SaaS platform Unicommerce, told Mint, shortly after announcing the acquisition of courier aggregation and automation platform Shipway. “Courier aggregation is a large opportunity.

The Financial Conduct Authority identified failings between June 2016 and December 2020 and said they occurred despite concerns being raised by junior staff as early as 2017, the regulator said today (12 November) in a statement. «Metro's failings risked a gap being left in our defence against the criminal misuse of our financial system. Those failings went on for too long,» said Therese Chambers, joint executive director of enforcement and market oversight at the FCA. Treasury expected to start looking for next FCA CEO – reports Metro said it had fully co-operated with the FCA and...

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BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.

The spike in inflation rate in October marked the first time since August 2023 that the print breached the Reserve Bank of India's (RBI) tolerance ceiling of 6 per cent. In September, the inflation print had surpassed RBI's 4 per cent medium-term target for the first time since July at 5.49 per cent. Food inflation, which makes up around half of the overall Consumer Price Index (CPI) basket, surged to 9.69 per cent in October, up from 9.24 percent in the previous month. Rural inflation also quickened to 6.68 per cent, compared to 5.87 per cent in September, while urban inflation rose to 5.62 per cent from 5.05 per cent the previous month.

The car manufacturer said that the decline in PAT was owed to weak market sentiments and geo-political factors. The company’s revenue from operations fell 7% YoY to Rs 17,260 crore during the quarter.

Bangladesh International Crimes Tribunal (ICT) Md Tajul Islam has written to Inspector General of Police Md Moinul Islam, seeking action to issue a red notice through Interpol for ousted prime minister Sheikh Hasina and her aides, a media report said on Tuesday. The chief prosecutor sent the letter to the Inspector General of Police on Tuesday, Bangla language daily Prothom Alo reported, citing sources at the tribunal. The development comes two days after Law Affairs adviser Asif Nazrul on Sunday said Bangladesh will seek Interpol's assistance in repatriating Hasina from India and other «fugitives» to face trial for alleged crimes against humanity. Hasina and her party leaders face accusations of ordering brutal suppression of the Anti-Discrimination Students Movement, resulting in numerous casualties during the July-August protests. The movement later intensified into a large-scale uprising, forcing Hasina to flee to India on August 5.

e-commerce, logistics and the delivery sector, demand for gig workers rose to its highest in six years to over 1.2 million gig roles posted during the 2024 festive season, a report by recruitment service provider Avsar found. In 2024 the demand for gig workers surged by 10% compared to 2023 according to the Gig Workers Report. “This festive season, we’re seeing more than just a spike in gig roles–it’s a transformation in how people and companies are approaching work,” said Navneet Singh, founder of Avsar.

B Z Zameer Ahmed Khan tendered an apology on Tuesday for referring to Union Minister and JD(S) leader H D Kumaraswamy as «Kaalia», which the NDA had slammed as a «racist» slur. The Congress leader, however, repeatedly tried to clarify that he had earlier too addressed Kumaraswamy in such a way out of affection, when they shared a good bonding, and it's not the first time. The Housing and Waqf Minister was earlier with JD(S), and was considered to be a close associate of Kumaraswamy, who had earlier served as the Chief Minister, at the time. "....If I had called him using such a word for the first time, I would have apologised....out of affection, he used to call me 'Kulla' (dwarf), I used to call him Kariyanna (black brother). If still he or anyone is pained by it, I apologise. What is there in that?" Khan said.

online scam while trying to book transportation in Udupi, Karnataka, losing a substantial sum of Rs 4.1 lakh. Desperately seeking a car rental service, the man turned to Google, where he clicked on a link supposedly for “Shakti Car Rentals.” According to local reports, the man unknowingly entered his bank details on a fraudulent car rental website that appeared in Google search results, leading to unauthorized transactions on his accounts, a TOI report stated.