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Dr Reddys Swiss subsidiary gets USFDA CRL for biosimilar AVT03

Mumbai, Jan. 1 -- AVT03 is a proposed biosimilar to Amgen's Prolia and Xgeva and has been developed by Alvotech hf. According to the company, the CRL pertains to observations made by the US Food and D... Read More


Weighted average lending rate stood at 8.71% at end Nov-25

Mumbai, Jan. 1 -- Reserve Bank of India stated yesterday that the weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.71 per cent in November 2025 (8.61 per cent in October 20... Read More


NCC bags orders worth Rs 1,237-cr in December

Mumbai, Jan. 1 -- According to an exchange filing, the buildings division accounted for orders worth Rs 704.67 crore, while the transportation division received orders valued at Rs 532.57 crore. The ... Read More


SSWL gains after reporting 22% YoY rise in net turnover for December 2025

Mumbai, Jan. 1 -- The company's gross turnover rose 15.98% to Rs 515.87 crore in December 2025, up from Rs 444.81 crore posted in the same month last year. In value terms, the aluminium products segm... Read More


VE Commercial Vehicles records 24.7% jump in Dec sales

Mumbai, Jan. 1 -- Eicher Motors announced that VE Commercial Vehicles, an unlisted subsidiary of the company, sold 10,384 units of trucks and buses in the month of December 2025 compared to 8,324 unit... Read More


Commercial banks remain in sound health, NPA ratio at multi-decade low

Mumbai, Jan. 1 -- The domestic financial system remains resilient, backed by strong capital positions, ample liquidity, easy financial conditions and low market volatility, the Reserve Bank of India (... Read More


Commodities Buzz: LME Nickel inventories jump around 57% in 2025

Mumbai, Jan. 1 -- LME Nickel inventories continued to edge higher in last.year. The inventories gained 216 tonnes to 255162 tonnes yesterday - marking a jump of around 57% in 2025. Published by HT Di... Read More


Election Commission rejects complaints against CEC, West Bengal CEO as baseless

Mumbai, Jan. 1 -- The Election Commission of India rejected allegations against the Chief Election Commissioner and the West Bengal Chief Electoral Officer. The response followed police complaints lin... Read More


India's mobile subscribers base sees mild rise in Nov-25

Mumbai, Jan. 1 -- Offical data showed that India's wireless (mobile) subscribers increased from 1171.87 million at the end of October 2025 to 1173.88 million at the end of November 2025 thereby regist... Read More


Indian Rupee slides amid cautious undertone in equities

Mumbai, Jan. 1 -- Indian rupee added to recent losses today. INR ended the last year on a tepid note, losing around 6% this year and is not far from record lows against the US dollar. Overall mood is ... Read More