Mumbai, May 8 (IANS) Pharma company Biocon Limited on Friday reported a 56.8 per cent year-on-year decline in consolidated net profit to Rs 198.6 crore for the fourth quarter ended March 31, 2026, impacted by exceptional expenses related to multiple factors, including the implementation of the new labour code.The biotechnology major had posted a consolidated net profit of Rs 459.4 crore in the corresponding quarter of the previous financial year, according to a regulatory filing by the company.D…
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New Delhi, April 5 (IANS) Kiran Mazumdar-Shaw, Executive Chairperson of Biocon Limited, on Sunday raised concerns over the condition of NH44, the key IT corridor connecting the city to Hosur. In a social media post on platform X, she criticised the National Highways Authority of India (NHAI) for what she described as poor design and maintenance along the stretch.Mazumdar-Shaw highlighted that the medians and barricades along the highway are “terrible,” while the shoulders remain unpaved, cre…