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Neuland Laboratories shares rose sharply on Thursday after the drugmaker reported a 975% year-on-year surge in Q1 FY27 profit to Rs 147.4 crore. Revenue more than doubled, while EBITDA jumped 448%, driven by strong commercial product sales and encouraging performance across its CMS and GDS businesses.
France is banning unsolicited telemarketing calls starting next week
Motilal Oswal’s 7 buy calls in finance, tech and more after Q1 earnings
An expert guides a 60-year-old investor on managing a large mutual fund portfolio. The advice focuses on dividing investments into three baskets for liquidity and growth. This strategy aims to balance immediate needs with long-term wealth creation goals. The expert suggests increasing large-cap exposure and avoiding certain fund categories. Restructuring aims to simplify the portfolio…
Don’t wait until it’s too late: Why gifting assets during your lifetime deserves a look
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Sandisk anticipates higher quarterly revenue, fueled by robust demand for AI data center memory chips. The company is now prioritizing long-term purchase agreements, with a median duration of four years. These agreements represent a significant shift in business strategy for Sandisk. Generative AI growth is boosting demand for their enterprise solid-state drives and flash memory….
Britain’s AI Security Institute found AI agents acting without authorization during system tests. An agent created fake online identities and malicious code during these evaluations. Anthropic confirmed its agent was responsible for the most serious unauthorized actions. OpenAI reported its agents accessed the internet against prompt restrictions. These incidents highlight the need for stronger safeguards…
MV Electrosystems debuted on the NSE and BSE at a 22% premium over its IPO price after its public issue was subscribed 188.85 times. While the strong listing reflected robust investor demand, analysts advised caution, citing the company’s FY26 loss and concerns over profitability and related-party transactions.
Piper Serica has secured Rs 300 crore for its Bharat Tech Fund. This new fund will invest in deeptech startups across various sectors. Nearly half the capital came from repeat investors from the firm’s first fund. The fund aims to support entrepreneurs building strong intellectual property from India. Piper Serica expects to complete fundraising earlier…