India, Japan commit to stronger healthcare systems, resilient supply chains
New Delhi, May 5 (IANS) The third Joint Committee Meeting (JCM) on Healthcare between India and Japan was held here on Tuesday, with both sides committing to deepen cooperation for stronger healthcare systems, resilient medical supply chains and enhanced collaboration in digital health, medical innovation and workforce development. The meeting was co-chaired by Union Minister […]
Voltamp Transformers’ shares hit 20 pc lower circuit after Q4 profit halves
Mumbai, May 5 (IANS) Shares of Voltamp Transformers Limited plunged 20 per cent on Tuesday, hitting the lower circuit after the company reported a sharp decline in earnings for the March 2026 quarter. The stock fell to Rs 10,016 on the National Stock Exchange of India (NSE), wiping out significant investor wealth and dragging the […]
India’s steel exports surge 29.1 per cent amid rising self-reliance
New Delhi (IANS) India’s exports of steel rose by 29.1 per cent in March 2026 compared to the same month of the previous year, while imports declined sharply by 9.5 per cent, reflecting the increasing self-reliance in the sector, according to an official statement issued on Tuesday. The positive shift underscores India’s emergence as a […]
Cabinet okays ‘Mission for Cotton Productivity’ with Rs 5,659 crore outlay
New Delhi, May 5 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved an outlay of Rs 5,659.22 crore for the Mission for Cotton Productivity (2026–27 to 2030–31) aimed at addressing bottlenecks, declining growth, and quality concerns in India’s cotton sector. The mission aligns with the government’s 5F vision (Farm to […]
Centre okays Rs 4,886 crore package to buy sunflower, gram at MSP to help farmers
New Delhi, May 5 (IANS) Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan has approved an additional outlay of Rs 4,886.46 crore to buy sunflower and more gram at the minimum support price (MSP) to benefit farmers in Karnataka and Maharashtra, according to an official statement issued on Tuesday. Approving a proposal from the […]
Larsen & Toubro Q4 profit slips 3 pc to Rs 5,326 crore
Mumbai, May 5 (IANS) Larsen and Toubro (L&T) on Tuesday reported a 3 per cent decline in consolidated net profit for the March quarter (Q4 FY26). The engineering and construction major posted a consolidated net profit of Rs 5,326 crore for Q4 FY26, down 3 per cent from Rs 5,497 crore in the year-ago period […]
Elon Musk to pay $1.5 million to settle SEC case on Twitter stake
New Delhi, May 5 (IANS) Billionaire entrepreneur Elon Musk has agreed to pay $1.5 million to settle a case with the US Securities and Exchange Commission (SEC) over delayed disclosure of his stake in Twitter (now known as X), according to multiple reports. The settlement which is subject to court approval, will be paid by […]
Biocon founder Kiran Mazumdar-Shaw names niece Claire as successor: Report
New Delhi, May 5 (IANS) Biocon founder Kiran Mazumdar-Shaw has named her niece Claire Mazumdar as her successor, outlining a formal succession plan for the biopharmaceutical company, a report said on Tuesday. In an interview with Fortune India, Mazumdar-Shaw (73) said she sees Claire (37) as the right person to lead Biocon, a leading biopharmaceutical […]
JLR India cuts Range Rover SV prices by up to Rs 75 lakh ahead of India-UK FTA
New Delhi, May 5 (IANS) Jaguar Land Rover India on Tuesday announced a sharp reduction in prices of its flagship Range Rover models by up to Rs 75 lakh, as it moves to pass on anticipated benefits from the proposed India-UK free trade agreement to customers. The company said that the price cuts apply to […]
Sensex, Nifty end lower as geopolitical tensions drag markets
Mumbai, May 5 (IANS) Indian equity benchmarks ended lower on Tuesday, as rising geopolitical tensions in West Asia weighed on investor sentiment, pulling down banking, realty, and oil and gas stocks. The Nifty slipped 86.50 points, or 0.36 per cent, to close at 24,032.80, while the Sensex declined 251.61 points, or 0.33 per cent, to […]
