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Torrent Pharma seeks CCI approval for Rs 19,500-crore acquisition of JB Chemicals

India, July 18 -- Ahmedabad-based Torrent Pharmaceuticals has approached the Competition Commission of India (CCI) to secure approval for its proposed acquisition of a majority stake in JB Chemicals a... Read More


Rupee gains 6 paise to open at 86.06 against US Dollar

India, July 18 -- The rupee strengthened by 6 paise to 86.06 against the US dollar in early trade on Friday, supported by a softer greenback and a slight dip in global crude oil prices. Forex traders... Read More


Nucleus Software Champions AI-Driven Banking at IDC's 20th Asian Financial Services Congress

India, July 18 -- At the 20th edition of the IDC Asian Financial Services Congress & Awards, held at the Sands Expo & Convention Centre in Singapore, Nucleus Software showcased its cutting-edge, AI-po... Read More


Garuda Construction Q1 net profit zooms 223.82% at Rs 28.01 cr

India, July 18 -- The company reported standalone net profit of Rs 28.01 crore for the quarter ended June 30, 2025 as compared to Rs 8.65 crore in the same period last year, registering a year-on-year... Read More


Tata Power Renewable bags 120 MWh Battery Storage Proj from NHPC

India, July 18 -- Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited and a key player in India's renewable energy sector, has signed its first Battery Energy S... Read More


Hexaware Technologies completes acquisition of SMC squared and Affiliates

India, July 18 -- Hexaware Technologies Limited, along with its wholly owned subsidiary, has successfully completed the acquisition of 100% equity in the target entities—SMC Squared, LLC, Tech S... Read More


Wipro shares jump over 4% post Q1 numbers

India, July 18 -- Shares of IT services firm Wipro climbed over 4 per cent on Friday morning trade after it posted a 9.8 per cent increase in consolidated net profit for the April-June quarter. Cheer... Read More


Axis Bank shares slide over 7% after Q1 earnings disappoint

India, July 18 -- Axis Bank shares fell sharply on Friday, plunging over 7% after the lender reported a 3% decline in consolidated net profit for the June quarter. On the BSE, the stock dropped 7.40%... Read More


Reliance Retail acquires Kelvinator

India, July 18 -- Reliance Retail on Friday announced the acquisition of consumer durables brand Kelvinator as part of its strategy to boost growth in India's rapidly expanding premium home appliances... Read More


RBI imposes monetary penalty on Sarvodaya Nagrik Sahakari Bank Ltd

India, July 18 -- The Reserve Bank of India (RBI) has, by an order dated July 11, 2025, imposed a monetary penalty of ?3.00/- lakh (Rupees Three Lakh only) on Sarvodaya Nagrik Sahakari Bank Ltd., Hima... Read More