SUN Financial News

Sun Country Airlines. The airline said that Flight SY593, which was headed for the Mazatlan International Airport in Mexico from MSP, was diverted «out of an abundance of caution in response to a security concern», according to CBS News.

Natco Pharma Ltd.(up 3.12 per cent), Glenmark Pharmaceuticals Ltd.(up 1.03 per cent), Lupin Ltd.(up 0.57 per cent) and Sun Pharmaceutical Industries Ltd.(up 0.43 per cent) were among the top gainers.

Subscribe to enjoy similar stories. Despite stocks, especially small caps, correcting steeply from their highs of September, markets could still undershoot on the downside as investor sentiment remains weak. However, they aren't likely to stay there for long, according to Mahesh Patil, chief investment officer of Aditya Birla Sun Life Asset Management Company Ltd.

pharmaceutical industry say levying tariffs may make generic drugs marginally costlier for the US patients and even lead to drug shortages. Dilip Shanghvi, chairman and managing director at Sun Pharma, India's largest drug maker by sales and market cap, told an industry gathering that his company sells products between $1 and $5 per bottle in the US and a tariff of 10% or 25% may marginally change that cost. «Possibly it will not justify relocating manufacturing,» Shanghvi said, responding to Trump's frenetic calls to either set up manufacturing bases in the US or face tariffs. He added the profit margins for drugs sold in the US are so low that the ability to absorb tariffs is limited. «Ultimately it will get passed on to the consumers,» he noted. For FY24, Sun Pharma had 32% of its total sales of ₹47,800 crore from the US, a notch higher than 31% that came from its home market India.

India Meteorological Department (IMD), the day's minimum temperature is expected to drop to 18.14°C, while the maximum may reach 28.07°C. Relative humidity stands at 37%, and a steady breeze is blowing at 37 km/h.

Gland Pharma Ltd.(up 4.83 per cent), Abbott India Ltd.(up 2.25 per cent), Natco Pharma Ltd.(up 1.92 per cent), Laurus Labs Ltd.(up 1.7 per cent) and Biocon Ltd.(up 1.53 per cent) were among the top gainers.

Subscribe to enjoy similar stories. The dreaded mid-cap and small-cap correction is finally here. After closing at a record high of 57,703 on 11 December 2024, the BSE SmallCap index has tumbled to 45,157 in just over two months, a fall of almost 22%, thus putting it in the category of a bear market.

Travis Kelce is considering his NFL future. The star tight end says he will give it some thought, despite his teammates' concerns that he might retire.

BEIJING — China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses' calls for more concrete actions.

Anthony Martial is enjoying a return to form with Greek club AEK Athens. The former Manchester United star, who had a couple of forgettable seasons with the Red Devils, had surprised everyone with his ability to deliver for AEK Athens since he joined the club last year.

nuclear fusion research, setting a new world record with their 'artificial sun' reactor. On February 12, the French Atomic Energy and Alternative Energies Commission’s WEST reactor (short for «Environment in Steady-State Tokamak,» with «W» representing tungsten) maintained a plasma state for more than 22 minutes—a feat that could revolutionize clean energy production.

Mercury, Venus, Mars, Jupiter, Saturn, Uranus, and Neptune, aligning in the sky. According to NASA, such planetary alignments are not uncommon, but seeing all visible planets together is a rare phenomenon.

Subscribe to enjoy similar stories. The scimitar of import tariffs wielded by US President Donald Trump has sent investors and markets scurrying for cover across the world and across industries. On Wednesday, it was the turn of the pharmaceutical industry.

NBA teams are wasting no time strategising for the crucial final stretch of the season. However, some franchises face particularly daunting matchups as they battle for seeding.

Hindu calendar, Phalguna typically falls between February and March in the Gregorian calendar, signifying the transition from winter to spring in India.

VA Tech Wabag will be in focus on Monday after the water technology company announced winning a Rs 3,251 crore ($317 million) consortium order for the Al Haer Independent Sewage Treatment Plant (ISTP) in Riyadh, Saudi Arabia. The company has won the engineering, procurement, and construction (EPC) order of a 200 MLD independent sewage treatment plant (ISTP), including connections to outfall delivery facilities.

Life Insurance Corporation of India (LIC) shares will be in focus on Monday after the company reported a 16% year-on-year (YoY) growth in consolidated net profit for the December quarter, reaching Rs 11,009 crore compared to Rs 9,469 crore in the same period last year. The net premium income in Q3FY25 stood at Rs 1,07,302 crore, down 9% from Rs 1,17,432 crore reported in the corresponding quarter of the last financial year.