Shares of Adani Enterprises rose nearly 3 per cent on the BSE on Tuesday, hitting an intra-day high of ₹2,252.6 after the company announced a massive $100 billion investment plan to build renewable-energy-powered, AI-ready data centers by 2035. The stock was trading 2.17 per cent higher at ₹2,232 in afternoon trade, outperforming the broader BSE…
The Indian government is set to announce a landmark Rail Tech policy in the coming weeks, aimed at transforming the country into a global hub for railway manufacturing. The policy seeks to drastically reduce dependence on foreign suppliers—primarily China, which remains India’s largest source of rolling stock components like bogies and wheelsets. Under the new…
The U.S. Department of Justice has filed a lawsuit against Harvard University, alleging the institution is unlawfully withholding records required for a federal investigation into racial discrimination. The 14-page complaint, filed in a Boston federal court on February 13, 2026, accuses the Ivy League school of “slow-walking” the production of admissions data and correspondence related…
The Reserve Bank of India has proposed stringent new guidelines to prevent harassment and ensure fair treatment of borrowers during loan recovery. Under the draft norms, banks and recovery agents will be strictly prohibited from using abusive language, threats, excessive calls, anonymous messages, public humiliation, or misleading representations about debt consequences. Recovery calls and visits…
Outpatient Department (OPD) registrations at G.B. Pant Hospital in Sri Vijaya Puram will now be conducted exclusively through the Ayushman Bharat Health Account (ABHA), also known as the health ID, under the Ayushman Bharat Digital Mission (ABDM).The move is part of the Centre’s nationwide digital health initiative launched in 2021 to create an integrated and…
Shares of hospital and healthcare companies rallied up to 6% in Wednesday’s intra-day trade, outperforming a subdued broader market. While the BSE Sensex slipped 0.11%, stocks such as Apollo Hospitals, Aster DM Healthcare, HealthCare Global (HCG), Fortis Healthcare, Narayana Hrudayalaya, Max Healthcare, KIMS, and Yatharth Hospital gained between 3% and 6%.Apollo Hospitals led the surge,…
Private equity major Carlyle will invest ₹2,100 crore to acquire a 45 per cent stake in Nido Home Finance, the housing finance subsidiary of Edelweiss Financial Services, the company said on Tuesday.Funds affiliated with Carlyle Asia Partners will make the investment through a combination of a secondary stake purchase from Edelweiss and a primary equity…
Zydus Lifesciences on Sunday reported a largely flat consolidated net profit for the December quarter, weighed down by higher operating costs and a one-time Laboure-related provision, even as revenue recorded strong growth. The drugmaker posted a net profit of ₹1,042 crore in Q3FY26, marginally higher than ₹1,023 crore a year earlier. The performance was impacted…
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, has acquired a majority stake in Australia-based health beverage company Goodness Group Global Pty. Ltd., marking its entry into the Australian consumer goods market.The acquisition brings popular health-focused brands such as Nexba and PACE into RCPL’s portfolio. PACE is a hydration drink co-created with…
Bharti Airtel reported a sharp 55% year-on-year decline in consolidated net profit to ₹6,630 crore for the October–December 2025 quarter, largely due to the impact of new Laboure codes and a high base effect from last year. The company absorbed a ₹257 crore hit from higher provisions for gratuity and compensated absences. In the year-ago…
