NEW DELHI: Torrent Pharma, flagship of the Ahmedabad based Torrent Group, plans to drive growth by focusing on innovation to address “unmet needs in chronic therapies” and by expanding into highgrowth segments. The company, which holds market leadership in the vitamins category with its Rs 500-crore brand Shelcal (plus variants), and has cardiac drug Nikoran…
MUMBAI :Hotel room demand will outpace supply between FY25 and FY28, despite a 5–6% annual rise in premium room additions according to rating agency Icra. Occupancies are projected to rise 200 basis points to 72–74% in FY26, with average room rates increasing 3–6% to Rs 8,200–8,500. Demand is expected to expand 8–10% annually. “India’s premium…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today on November 11, 2025 are Ashok Leyland, and BHEL:Ashok Leyland – Buy in the range between Rs 142 & Rs 143; Stop Loss: Rs 135; Target:…
NEW DELHI: Goldman Sachs on Monday raised Indian equities to “overweight” and set a target of Nifty hitting 29,000 by 2026-end, driven by improving financial conditions and growth supportive policies by the govt and RBI.“With a year-long earnings downgrade cycle stabilising in the past few months and showing signs of recovery, coupled with our expectations…
Citigroup downgraded Trent to sell with the target price drastically cut to Rs 4,350 from Rs 7,150. Analysts said with the overall consumption trend remaining weak bundled with increasing competition, impact of cannibalisation and new store expansion, they expect Trent’s growth rate to moderate further. They cut the company revenue estimates, and earnings before interest,…
MUMBAI: Bajaj Finance reported a 24% jump in core profit for the Sept quarter of FY26, driven by strong loan growth and expansion in its customer base.The company’s standalone profit after tax stood at Rs 4,251 crore, 24% lower than Rs 5,614 crore a year earlier due to a one-time gain from the sale of…
NEW DELHI: Quality control orders (QCOs) are not just meant to help improve standards within the country but have also emerged as tools to help govt get foreign countries to open the doors for Indian exports, officials said. They cited the instance of European Union, which was not allowing Indian fisheries exports for nine years,…
NEW DELHI: Days after the Supreme Court gave a ruling on the Vodafone Idea AGR matter, Govt has begun work to find a solution to the over Rs 83,000 crore liability of the telco. Department of Telecom (DoT) is set to take legal advice on the way forward and once secured, it will instruct all…
Global stock markets rose sharply on Monday as investors showed optimism amid reports that the US government shutdown could soon be resolved, after a breakthrough in the record 40-day standoff.Dow was trading up 115 points or 0.25%, reaching 47,103. Nasdaq also inched 1.95% or 448 points, to trade at 23,452 at 8:50 PM IST. S&P…
NEW DELHI: Britannia Industries Ltd announced on Monday that Varun Berry has resigned from his positions as executive vice-chairman, managing director and chief executive officer after leading the company through ten years of expansion and growth.Berry submitted his resignation on November 6, 2025, which the company’s board acknowledged and accepted during their meeting on November…
