From the 30 Sensex firms, ITC, InterGlobe Aviation, Power Grid, Bharat Electronics, Adani Ports and NTPC were among the major laggards. | Photo Credit: ANI The benchmark index Nifty 50…
Category: Business
Air India, Akasa hike fuel surcharge as costs climb
Close on the heels of IndiGo’s latest 37-50% hike in domestic fuel surcharges, other airlines have raised or introduced fuel surcharges as sustained increases in Aviation Turbine Fuel (ATF) prices…
Dr. Reddy’s facility in Andhra Pradesh gets 2 U.S. FDA observations
A view of Dr. Reddy’s Lab facility near Hyderabad | Photo Credit: The Hindu The U.S. Food and Drug Administration (U.S. FDA) has issued two observations to a manufacturing facility…
DoT refutes bias in Starlink authorisation, says all licensees’ approvals pending
The Starlink logo is seen in front of the Indian flag (for illustration) | Photo Credit: Reuters The Department of Telecommunications (DoT) on Thursday rejected allegations that it was shielding…
TCS Q2 net up 15% to ₹13,884 cr, AI revenue crosses $3 bn; board approves ₹12 dividend
TCS’ total contract value stood at $9.6 billion during the quarter. | Photo Credit: Reuters Tata Consultancy Services (TCS) reported a 15% year-on-year (YoY) rise in consolidated net profit to…
Rupee falls 13 paise to close at 96.88 against U.S. dollar
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated by 13 paise to close at 96.88 (provisional) against the U.S. dollar on Thursday (October 8, 2026),…
Elon Musk alleges ‘oligarch’ interference in Starlink’s India launch
Elon Musk, CEO of Tesla and SpaceX and owner of X. File. | Photo Credit: Reuters Years into SpaceX’s efforts to get permissions to operate its satellite broadband service in…
Stock markets decline in early trade as RBI signals more tightening
A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty drifted lower in early trade on Thursday (October 8, 2026) as…
Granules eyes first to file status, 180 days exclusivity on generic cancer drug Ruxolitinib in U.S.
Granules India seeks first mover advantage | Photo Credit: The Hindu Generic drugmaker Granules India has filed a Paragraph IV certification with the U.S. Food and Drug Administration (U.S. FDA)…
Rupee rises 10 paise to 96.65 against U.S. dollar in early trade
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee traded in a narrow range and edged up 10 paise to 96.65 against U.S. dollar in early…