
Dr Reddy’s US arm faces $32,350 IRS penalty over fiscal year misclassification
Penalty relates to misclassification of fiscal year reference at the time of tax payment; company says there is no material impact on financials or operations

Penalty relates to misclassification of fiscal year reference at the time of tax payment; company says there is no material impact on financials or operations

Global advances grew 18.27% YoY to ₹15.12 lakh crore, while global deposits increased 16.75% to ₹17.51 lakh crore during the same period.

Total deposits grew 17% YoY to ₹3.56 lakh crore, while net advances increased 18% to ₹2.72 lakh crore.

Company also reports record quarterly alumina production of 895 KT in Q2 FY27, while BALCO commissions second zone of its 525 kA smelter potline

Bank of India, Ujjivan SFB and Vedanta Power report strong Q2 business updates; Vedanta Aluminium posts record quarterly aluminium production

Drugmaker to launch the approved product in Q3 FY27; product has estimated US market size of $67 million, according to IQVIA MAT

Petronet LNG appointed Sanjay Kumar as MD & CEO, effective May 13, 2027. The company also approved a 50:50 JV with Gruner Renewable Energy to…

Hindustan Zinc reported Q2 updates: mined metal production rose 5% YoY to 271 kilotonnes, saleable metal production increased 7% YoY to 264 kilotonnes. Refined zinc…

Sobha reported a 16% YoY jump in Q2 FY27 sales value to ₹2,206 crore, despite a 40% sequential decline. Sales area rose 2.2% YoY, but…

India’s FM stated the nation’s economic strength, built since 2014, must continue to be developed to face future shocks. She highlighted six pillars of performance,…