BENGALURU, July 26 (Reuters) – GlaxoSmithKline Pharmaceuticals (GLAX.NS), the Indian unit of UK’s GSK plc (GSK.L), posted an 11% rise in first-quarter profit on Wednesday, buoyed by strong demand for its vaccines. The firm said consolidated profit for the quarter ended June 30 rose to 1.32 billion rupees ($16.10 million) …
Read More »Foxconn, chip giants head to Modi’s home state for India conference
[1/3]Visitors gather at Applied Materials and Micron Technology kiosks before the start of ‘SemiconIndia 2023’, India’s annual semiconductor conference, in Gandhinagar, India, July 25, 2023. REUTERS/Amit Dave GANDHINAGAR, India July 26 (Reuters) – Top executives from Foxconn and semiconductor firms Micron and AMD will this week attend a conference in …
Read More »What kind of ‘I.N.D.I.A’ are you: Jaishankar’s jab at Opposition
External Affairs Minister S Jaishankar assailed the Opposition on Thursday for disrupting his statement in Rajya Sabha, saying they claim to be ‘I.N.D.I.A’, the name of their alliance, but if they are not prepared to listen about India’s national interests then what kind of India are they. Jaishankar spoke suo …
Read More »World Cup 2023: Bharat Army founder dreads logistical nightmare if India vs Pakistan match is rescheduled
By Akshay Ramesh: The Indian cricket board (BCCI), earlier this week, announced the schedule and the venues for a 5-Test series against England which will be played from January to March 2024 when it finalised the fixtures for a bumper home season. It’s commonplace that cricket boards across the globe …
Read More »Digging Into India’s Dash for Critical Minerals
Developments in the past few weeks have reinforced the buzz around critical minerals in India’s policy and trade circles. First, India was inducted into the US-led Mineral Security Partnership (MSP). Next, India issued its critical mineral policy listing 30 minerals vital for India’s economic growth. Finally, as this report was …
Read More »I.N.D.I.A bloc Opposition MPs to visit Manipur on July 29-30
I.N.D.I.A MPs delegation to visit Manipur on July 29-30 The opposition leaders have been seeking to visit the violence-hit state for sometime but were denied permission in view of the situation there. PTI, New Delhi, Jul 27 2023, 13:23 ist updated: Jul 27 2023, 13:32 ist MPs from the Opposition …
Read More »Alien craft, non-human pilots: Key revelations at UFO congressional hearing
By India Today News Desk: Three witnesses testified in front of the United States’ Congress on Wednesday about unidentified aerial phenomena (UAP), disclosing possible encounters with UFOs, the threats they pose to national security, and damning allegations against the government’s secrecy on the matter. David Grusch, a former military intelligence …
Read More »Nestle’s India business beats profit estimates on higher prices, demand
Nestle India reported second-quarter earnings above estimates on Thursday, benefiting from price increases and demand for its chocolates and packaged foods, including Maggi noodles. The KitKat chocolate maker’s profit increased to Rs 698 crore ($85.12 million) for the quarter ended June 30 from 5.10 billion rupees a year earlier, it said …
Read More »‘Our commitment to India will only grow’: Meta President of Global Affairs Nick Clegg
India is a tremendously important market for Meta due to its massive user base for WhatsApp and Instagram. Meta President of Global Affairs, Nick Clegg In an exclusive interview with India Today’s Rahul Kanwal talked about the importance of the Indian market and the position of Indian leaders in the …
Read More »India’s Mahindra and Mahindra shares slump after RBL Bank stake buy stirs concern
BENGALURU, July 27 (Reuters) – Shares of India’s Mahindra and Mahindra (MAHM.NS) fell nearly 7% on Thursday after the conglomerate’s stake purchase in private lender RBL Bank (RATB.NS) raised concerns about the rationale of its capital allocation strategy. Analysts at Macquarie said that the investment and Mahindra’s intention to invest …
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