Mumbai, May 28 (IANS) Pharmaceutical major Alkem Laboratories Limited on Thursday reported a 27.7 per cent decline in consolidated net profit for the fourth quarter of fiscal 2026 (Q4 FY26), impacted by a one-time loss during the quarter.The company posted a net profit of Rs 236 crore for the quarter ended March 2026, compared to Rs 306 crore in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Alkem Labs said the earnings were affected by…
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Ahmedabad/Gandhinagar, May 28 (IANS) The suspected Ebola case involving a 37-year-old businessman from Congo in Gujarat has tested negative, State Health Minister Praful Pansheriya said on Thursday, easing concerns after four people were placed under quarantine as a precautionary measure.The businessman, identified as Amuri Lokula, had recently travelled from Congo to Mumbai before visiting Silvassa, Daman and Vadodara.According to details shared by the Health Department, he arrived in Mumbai ar…
Sangli, May 28 (IANS) In light of the prevailing economic hardships, senior leader of the Nationalist Congress Party (SP) and former State Finance Minister, Jayant Patil, on Thursday urged the Maharashtra government to prioritise public interest by immediately waiving the Value Added Tax (VAT) and surcharges on petrol and diesel. Patil made this demand through an official letter addressed to Chief Minister Devendra Fadnavis.Expressing deep concern over the situation, Patil stated that the contin…
Bengaluru, May 28 (IANS) Amid the escalating political drama over the possible resignation of Karnataka Chief Minister Siddaramaiah, Governor Thaawarchand Gehlot has left Bengaluru, triggering intense political speculation across the state.However, Congress sources indicated that the Governor’s absence from the city will not affect the resignation process, and Siddaramaiah is expected to submit his papers as scheduled at 3 p.m. on Thursday.Sources within the Congress party said that Siddaramai…
Hyderabad, May 27 (IANS) Government Railway Police (GRP), along with Railway Protection Force (RPF) personnel, seized hawala money worth Rs 1.22 crore and busted a Rs 41.5 lakh drug racket in two separate operations, officials said on Wednesday.GRP and RPF personnel from Secunderabad seized Rs 1,22,70,000 from a man who was allegedly transporting hawala money from Mumbai to Hyderabad on the Devagiri Express.Vijay Ambadas Gupta, a resident of Maharashtra’s Amravati district, was apprehended dur…
Ahmedabad, May 27 (IANS) Adani Electricity and the Adani Foundation on Tuesday announced the successful completion of a multi-day summer learning camp for BMC school students in Mumbai under the CSR initiative ‘Utthan’, designed to blend classroom education with real-life vocational exposure.The programme was aligned with the NIPUN Bharat Mission and the National Education Policy 2020, focusing on strengthening foundational literacy and numeracy (FLN) skills while helping children connect ac…
Mumbai, May 27 (IANS) Director Neerraj Pathak, who has helmed the 2nd season of the streaming show ‘Inspector Avinash’, has heaped praise on actor Freddy Daruwala. The director said that Freddy is “charming, dynamic, and a good looking guy”. The director spoke with IANS along with Randeep Hooda and Freddy Daruwala during the promotions of the show in Mumbai.Talking about Freddy, the director said, “He’s a very honest guy. That’s his greatest quality, he is grounded and honest. Not ma…
New Delhi, May 27 (IANS) India is the second-largest data centre market in the Asia-Pacific region with 1.6 GW of operational capacity and is also among the top three markets by development pipeline, with 3.1 GW under construction and planned, according to a new report on Wednesday.The country is emerging as one of Asia Pacific’s most significant growth markets for digital infrastructure, as accelerating AI adoption, hyperscale cloud expansion, and rising enterprise demand continue to reshape …
Mumbai, May 27 (IANS) Bollywood stalwart singers Shaan, Sonu Nigam, Shankar Mahadevan are all set to come together for an immersive Bhakti music spectacle. Music maestro Shankar Mahadevan will be launching India’s largest ever Bhakti experience – ANANDAM – The Symphony of Devotion.Talking about ANANDAM, it will be a first-of-its-kind immersive Bhakti spectacle that will also bring together Nandi Sisters, Nikhar Juneja, Siddharth Mahadevan, Himani Thakur, Shivam Mahadevan, DJ Afterall along w…
Mumbai, May 27 (IANS) Rising AI adoption could drive deployment of 650,000-700,000 GPUs in India’s data centres over the next five years, creating a $23 billion investment opportunity, a report said on Wednesday.With this, India’s data centre capacity is set to grow at a 26 per cent CAGR over the next five years, according to the report by Avendus Capital.The AI-led infrastructure demand, alongside rising cloud and digital adoption, is expected to nearly triple India’s built data centre ca…