Health officials are concerned about another COVID-like outbreak of the Hantavirus following the death of three passengers on board the cruise ship MV Hondius traveling from Argentina to Spain’s Canary Islands. As per the latest updates, five cases of hantavirus have been confirmed among those traveling on the MV Hondius, with three deaths confirmed. The cruise, which set sail from Argentina a month ago, is expected to dock at the Canary Islands soon, even as those who traveled on the ship have been monitored wherever they’ve disembarked, as per standard World Health Organization (WHO) protocol. What is Hantavirus and how…
Author: Abizar Attari
Mumbai: India’s leading manufacturer of needle and cylindrical roller bearings, NRB Bearings Limited, has seen its net profits rise from ₹82 crore in FY25(consolidated) to ₹146 crore this year. This success has come on the back of its integrated manufacturing footprint and its strong customer partnerships. This has also meant that consolidated revenue has increased from ₹1,199 crore last year to ₹1,335 crore this year, an 11% increase. Its EBITDA margin has also increased to 18% as the company expands its portfolio to serve the electric vehicle (EV) and aerospace segments. “We are pleased to share that NRB closed FY26…
Ahmedabad: India has always had a complex relationship with dupes. Walk into any market from Colaba Causeway to Chandni Chowk and you’ll find near-perfect imitations of almost anything: sneakers, sunglasses, handbags. And increasingly, something far more concerning, the water you drink every day. CLEAR Premium Water, one of India’s leading premium bottled water brands, is addressing this reality with its most disruptive campaign yet, leveraging Hrithik Roshan’s cinematic legacy as a powerful creative lens. In a market valued at over USD 7 Billion and growing at double-digit rates, the rise of lookalike brands has gone beyond market clutter, it has…
Pune: Bharat Forge Ltd, the flagship company of the Kalyani Group, has witnessed a 17.4% decline in net profit from ₹282 crore in Q4 FY25 to ₹233 crore this time on account on demand challenges in North American and European markets, along with regulatory changes. This comes at a time when the company’s revenues from operations have actually increased 17.5% to ₹4,528 crore from the same period last year. The company has declared a ₹6.5 final dividend for the financial year ended March 31, 2026 subject to board approval. Performance Breakdown: Revenue vs. Profit Despite the challenges in the international…
The world is watching with concern as the ‘below normal’ monsoon forecast for 2026 could disrupt domestic food prices and global supply chains. According to the Indian Meteorological Department (IMD), the El Niño phenomenon could affect the monsoon this year, with the potential for droughts and ravaged crops being an ever-present threat. How does poor rain affect rice Subpar rains could affect kharif sowing and the replenishment of reservoirs, which will also affect the rice crop this year. If this continues, it could lead to a significant drop in rice acreage, which could affect India’s food security this year. If…
Mumbai: The internal strife amongst the Tata Trust trustees continues, even as concerns rise about the governance of the $320 billion Tata Group. A writ petition filed by a Thane resident has asked the Bombay High Court to restrain the upcoming May 8 meeting of the Sir Ratan Tata Trust (SRTT) and the Sir Dorabji Tata Trust. The meeting was expected to discuss the future of veteran industrialist and TVS Group Chairman Venu Srinivasan as a trustee. In anticipation of the move, the SRTT has filed a caveat in the High Court to ensure it is heard before any ex…
Mumbai: Billionaire investor Prem Watsa-led Fairfax India Holdings is looking to increase its stake in IIFL Capital Services to at least 51% as the company looks to provide capital for the company’s next phase of growth in wealth management, capital markets, asset management, investment banking and other related financial service businesses. Fairfax aims to inject ₹2,000 crore in IIFL Capital as it looks to boost IIFL’s growth trajectory as it looks to tap into India’s growing wealth management sector which is witnessing a shift from investments in gold or real estate to financial products- a strength IIFL Capital already has.…
Mumbai: In a landmark collaboration set to redefine India’s music landscape, Dome SVP Stadium & Gatsvy Media form a Joint Venture to announce The Bharat Music Experience 2026: India’s First Integrated Music Industry Platform, envisioned to create an experience that is both genuine in intent and premium in execution. The three-day experience will take place on 7th, 8th, and 9th October 2026 at Dome SVP Stadium, Mumbai. Designed as a powerful confluence of creativity, commerce, and culture, The Bharat Music Experience 2026 will bring together the entire spectrum of the music ecosystem under one roof, from legendary maestros and emerging…
Seoul: Samsung Electronics is now the second Asian company to cross the $1 trillion market cap, as the demand for semiconductors skyrockets on the back of the AI boom. The surge has come after a massive rally in semiconductor stocks, driven by the insatiable demand for Artificial Intelligence (AI) hardware. As the world’s largest producer of memory chips, Samsung has been a reliable supplier in the AI infrastructure ecosystem, with its memory chips required to power generative AI models. The AI Memory Boom For Samsung, the High-Bandwidth Memory (HBM) adoption by data centers has been the ‘silver bullet’ for its…
Mumbai: Godrej Consumer Products Limited(GCPL) has reported a 11% rise in sales to ₹3,733 crore as the company witnessed a strong response in the international markets. At the same time, its domestic market sales have remained steady. Domestic Resilience and Innovation The company has witnessed steady sales in its flagship household insecticides and personal wash categories, despite margin pressures being felt due to higher palm oil prices. Its new products like the Goodknight agarbatti and the Magic Handwash range, have helped it capture rural markets. The rise of quick commerce has also boosted sales, especially in urban markets. Promising International…

