Page 6 - Sanket Koul

Sale of immovable property outside scope of service tax: Supreme Court

The revenue department had contested a 2019 order of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), which had quashed a tax demand exceeding Rs 10 crore

Novo Nordisk, Emcure Pharmaceuticals tie up to expand Wegovy's girth

2.4 mg injectable Poviztra to mark next phase of weight-loss rollout

Pharma units likely to face action for Schedule M violations: Experts

The one-year grace period for MSME drug manufacturers to comply with revised Schedule M norms has ended, with the CDSCO instructing state regulators to initiate inspections & action against violators

Knowledge Realty Trust leases 1.8 mn sq ft in H1FY26, GCCs dominate leasing

The real estate investment trust (Reit), backed by Sattva Group and Blackstone, also achieved annual rental escalations on over 90 per cent of leases signed during the H1 period

Over 65% owners paid part of property deal in cash: LocalCircles Survey

'Root cause' of such transactions is regulatory bottlenecks and low circle rates, says LocalCircles

Mounjaro India's bestselling drug in October with ₹100 crore sales

Weight-loss drug rakes in ₹333 cr in cumulative sales since launch in March this year, leaving rival Wegovy behind

Signature Global reports ₹48.8 cr net loss in Q2FY26 amid 56% revenue fall

The developer also saw a 56 per cent year-on-year (Y-o-Y) drop in revenue from operations for Q2FY26 to Rs 338.49 crore, down from Rs 749.28 crore in Q2FY25

Torrent Pharma Q2 profit rises 16% to ₹591 crore on strong global sales

Torrent Pharmaceuticals posted a 16% rise in Q2FY26 profit to Rs 591 crore, with double-digit growth across India, the US, and Brazil driving revenue higher.

India's housing markets see sales slowdown in Q3 2025: Housing.com

Residential sales across India's top eight housing markets stayed flat in Q3 2025 as rising land prices, construction costs, and inflation continued to weigh on affordability

Rebound in US biopharma funding may boost orders, says Piramal Pharma

The drugmaker's revenue fell 9% in Q2FY26 on below-par CDMO performance; company says it faced inconsistent funding in H1FY26

India's housing market to see 5-10% annual price rise, says report

A CII-Colliers report projects housing demand to hit 500,000 units annually by 2030 and 1 million by 2047, driven by urbanisation, income growth, and policy reforms

Mankind Pharma Q2 PAT drops 21% on high finance costs; revenue up 20%

Mankind Pharma's Q2 FY26 profit fell to Rs 520 crore on higher finance and input costs, even as strong domestic and export growth lifted revenue by over 20%.

NPPA fixes retail price of 28 drugs, ceiling price of six formulations

The National Pharmaceutical Pricing Authority has revised retail prices of 28 formulations and capped ceiling prices for six drugs under the National List of Essential Medicines

ONE Group secures additional land in Mohali, eyes ₹600 crore in revenue

ONE Group Developers has received approval for an additional 4.38-acre land parcel in its 150-acre Mohali project, boosting total development potential and future revenue prospects

Property prices in top 8 mkts rise 7-19% in Q3 on housing premiumisation

Delhi-NCR recorded the sharpest 19% jump in Q3 2025 housing prices, followed by Bengaluru and Hyderabad, as premium demand and limited supply continue to drive India's real estate boom

M3M enters integrated township segment, to invest Rs 7,200 cr in Gurugram

M3M India launches its 150-acre Gurgaon International City township project, marking its foray into integrated township space with plans to invest Rs 7,200 crore and generate Rs 12,000 crore topline

India loses top spot to China in QS Asia University Rankings 2026

India has been overtaken by China as the most represented country in the QS Asia University Rankings 2026, even as it maintained leadership in research productivity and faculty strength.

Metropolis Q2 results: Profit up 13% on higher patient, test volumes

Metropolis Healthcare posted a 13% rise in Q2FY26 net profit to ₹53 crore, driven by increased patient and test volumes, network expansion, and improved performance across regions

Alembic Pharma Q2 profit rises 21% on robust US generics and API growth

Alembic Pharma's consolidated profit rose 21% to Rs 185 crore in Q2 FY26, led by strong performance in US generics, APIs, and international markets, with six new ANDA approvals

Smartworks rents 815,000 sq. ft office space from Hiranandani Group

Smartworks has leased 815,000 sq ft from the Hiranandani Group's Eastbridge campus in Mumbai to build what it calls the world's largest managed workspace, set to open in late 2026