Page 904 - Latest News
Servier India launches subsidised biomarker tests for rare cancers
Servier India has tied up with MedGenome and Reliance-backed Strand Life Sciences to offer low-cost IDH1 and IDH2 biomarker testing for rare cancers like AML and CCA across India
 "Servier India launches subsidised biomarker tests for rare cancers")
Business goes on in Delhi markets even as air quality hits severe levels
Even as Delhi's air quality remains in the severe category, traders say sales are steady and shoppers are adapting, with malls reporting strong footfalls despite marginal high-street dips
 "Business goes on in Delhi markets even as air quality hits severe levels")
Medikabazaar targets 40% annual growth as turnaround gains traction
After reporting an 80% revenue jump and EBITDA positivity in Q2FY26, Medikabazaar plans 40% annual growth over the next three years, even as it navigates a high-profile boardroom dispute
 "Medikabazaar targets 40% annual growth as turnaround gains traction")
GST reforms to propel India's FY26 GDP growth to 7.4%, says NIPFP
NIPFP pegs India's FY26 GDP growth at 7.4% - higher than RBI's 6.8% forecast - citing GST reforms, robust investment, and strong US economic performance
 "GST reforms to propel India's FY26 GDP growth to 7.4%, says NIPFP")
Emcure Q2 PAT up 25%, domestic and international biz drive 13% revenue rise
The company's revenue from operations rose to Rs 2,269.8 crore, a 13.4 per cent increase from Rs 2,001.9 crore in Q2FY25
 "Emcure Q2 PAT up 25%, domestic and international biz drive 13% revenue rise")
Swiggy expands Crew travel and lifestyle app to major metro cities
The company had started pilot testing the new app a few months ago. During that stage, while the app was available on the Google Play Store and Apple App Store, it could only be accessed by invitation
 "Swiggy expands Crew travel and lifestyle app to major metro cities")
Tata Trusts appoints Noel Tata's son Neville, Bhaskar Bhat trustees
Srinivasan gets 3-yr term in compliance with legal norms
 "Tata Trusts appoints Noel Tata's son Neville, Bhaskar Bhat trustees")
Those behind car blast in Delhi's Red Fort won't be spared: Rajnath Singh
Rajnath Singh vows justice for Red Fort blast victims; cites "Operation Sindoor" as India's modern warfare example at Delhi Defence Dialogue
 "Those behind car blast in Delhi's Red Fort won't be spared: Rajnath Singh")
Draft ECL framework: Banks plan to move RBI for lower Stage-II floor
Banks are planning to make a representation to the regulator shortly. The deadline for submitting feedback on the draft ECL framework is November 30
 "Draft ECL framework: Banks plan to move RBI for lower Stage-II floor")
BNP Paribas pays ₹3,997,000 to settle FPI rule violation case with Sebi
Thereafter, a show cause notice (SCN) was issued by the markets watchdog Sebi on February 25, 2025 for the alleged violation of rules
 "BNP Paribas pays ₹3,997,000 to settle FPI rule violation case with Sebi")
US President Donald Trump says deal near; no need for more talks: India
As the US President says both sides are "pretty close" to a fair deal, Indian officials indicate no new round of negotiations is needed, with most issues already resolved
 "US President Donald Trump says deal near; no need for more talks: India")
Datanomics: Deadly blasts that shook India over the past 25 years
India has witnessed 6,289 terror explosions in 25 years - a 74% decline since 2000 - with Manipur reporting the most and Delhi recording 25 incidents, latest data show
 "Datanomics: Deadly blasts that shook India over the past 25 years")
Green H2 output target may be delayed by 2 years, says MNRE secretary
The policy uncertainties in Europe and the IMO's decision to defer its net-zero framework by a year were the prime factors for the target revision, said Santosh Sarangi
 "Green H2 output target may be delayed by 2 years, says MNRE secretary")
Delhi blast: Red Fort metro station to remain close on Wednesday as well
The metro station remained shut for commuters on Tuesday as well, following Monday evening's explosion near the Red Fort that killed at least 12 people and left 20 others injured
 "Delhi blast: Red Fort metro station to remain close on Wednesday as well")
IndusInd Bank looks to claw back salary, bonuses of former top officials
This year, IndusInd Bank disclosed incorrect accounting on derivative trades that prompted a $230 million hit to its accounts and led to exit of former CEO Sumant Kathpalia and deputy CEO Arun Khurana
 "IndusInd Bank looks to claw back salary, bonuses of former top officials")
Nine states raise ₹15,560 cr at weekly auction, lower than notified amount
After Maharashtra last week, Tamil Nadu rejects bids for 15-year paper
 "Nine states raise ₹15,560 cr at weekly auction, lower than notified amount")
India's net direct tax collection up 7% so far in FY26: CBDT data
The Centre has budgeted Rs 25.2 trillion in direct tax collections for FY26. In the previous year, net direct taxes rose 13.6 per cent to Rs 22.26 trillion, surpassing the Budget estimate
 "India's net direct tax collection up 7% so far in FY26: CBDT data")
Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26
Cuts AUM growth guidance to 22-23% for FY26
 "Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26")
State-run banks target ₹9,000 crore from Tier-II bonds by December
Fundraising rush follows SBI's record Oct issue as yields soften
 "State-run banks target ₹9,000 crore from Tier-II bonds by December")
Sowing trend: Wheat acreage rises 129% as of November 7, shows data
Soil moisture substantially improved owing to vigorous post-monsoon showers across many parts of India, which swayed farmers to plant more area under rabi crops to get the best yields
 "Sowing trend: Wheat acreage rises 129% as of November 7, shows data")