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Hantavirus Outbreak on Cruise Ship: Two Indians Reported Safe by Embassy

The Indian Embassy in Madrid has confirmed that two Indian nationals aboard a cruise ship affected by a hantavirus outbreak are safe and asymptomatic. The Dutch-flagged cruise vessel MV Hondius, carrying around 150 passengers and crew members, including two Indians, arrived near Spain’s Canary Islands on Thursday following reports of the outbreak onboard. According to…

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Railways Liable for Electricity Surcharges: Supreme Court Prioritizes Financial Health of DISCOMs

In a landmark judgment that carries significant financial implications for the transport sector, the Supreme Court of India ruled on Friday that the Indian Railways cannot claim the status of a “deemed distribution licensee” under the Electricity Act, 2003. A Bench comprising Justice Dipankar Datta and Justice Satish Chandra Sharma held that the Railways functions…

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Biocon Board Recommends 50-Paise Dividend Despite Sharp Decline in Quarterly Profit

Biocon Ltd, the Bengaluru-based biopharmaceutical major, has reported a sharp 56.8% decline in its consolidated net profit for the fourth quarter ended March 31, 2026. The company’s net profit stood at ₹198.6 crore, compared to ₹459.4 crore in the corresponding period of the previous fiscal year. The significant drop in earnings was primarily attributed to…

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