The US Food and Drug Administration (USFDA) has issued a Form 483 with four observations to Piramal Pharma following an inspection of its Digwal manufacturing facility in Telangana.The inspection was conducted between February 9 and February 13, 2026, at the company’s plant located in Telangana. At the conclusion of the review, the US regulator issued…
India’s automobile industry recorded its highest-ever January sales, with passenger vehicles (PV), two-wheelers and three-wheelers posting robust double-digit growth, signaling sustained momentum after GST rationalization.According to the Society of Indian Automobile Manufacturers (SIAM), PV dispatches rose 12.6 per cent year-on-year to 449,616 units, while two-wheeler sales jumped 26.2 per cent to 1.92 million units. Scooter…
Housing sales across India’s top 15 Tier-II cities declined 10% year-on-year in 2025 to 1,56,181 units, even as total sales value remained flat at ₹1.48 trillion, according to a report by Prop Equity. The drop in volumes reflects rising property prices and a growing shift towards premium housing.Sales of homes priced below ₹1 crore fell…
Mahindra & Mahindra (M&M) reported a 47% year-on-year rise in net profit to ₹4,675 crore for Q3FY26, driven by its highest-ever quarterly revenue of ₹52,100 crore, up 26% from a year ago. Excluding provisions related to the new Laboure code, profit grew 54%, the company said.The group-maintained leadership across key segments, ranking No.1 in SUV…
Adani Enterprises Ltd. said the United States authorities have sought information from the company following a media report alleging imports of Iranian oil products into India, raising potential sanctions-related concerns. In a regulatory filing on Tuesday, Adani Enterprises said it initiated discussions with the US Treasury Department’s Office of Foreign Assets Control (OFAC) after a…
Technology-led manufacturing and innovation will take centre stage as INDIAWOOD 2026 returns from February 26 to March 2 at the Bangalore International Exhibition Centre (BIEC), Bengaluru. Organised by NürnbergMesse India and supported by EUMABOIS, the 26th edition is set to be the largest in the platform’s history. The biennial exhibition will host over 1,000 brands…
Montra Electric, the e-M&HCV arm of TI Clean Mobility Private Limited under the Murugappa Group, has emerged as a first mover in India’s electric heavy truck segment after becoming the country’s first manufacturer to receive PM E-DRIVE certification for an N3-category electric truck. The milestone was marked with the delivery of India’s first PM E-DRIVE–certified…
Tesla CEO Elon Musk, speaking on 28 January during the auto major’s Q4 earnings call, announced that the electric vehicle (EV) maker is ending production of Model S and Model X. Calling the move an “honorable discharge”, he asked fans of the models to place orders before stocks run out, CNBC reported. During the call, the world’s richest…
As India stands at a crucial demographic and economic phase, ICICI Prudential Life Insurance Company Limited has rolled out ICICI Pru Smart Insurance Plan Plus, a market-linked life insurance product aimed at meeting the long-term financial goals of the country’s young population. With nearly 65 per cent of Indians below the age of 35, as…
Zuventus Healthcare Limited has issued a formal clarification to counter what it described as false and misleading communications circulating in the market regarding its future, including rumours of closure or rebranding. The company categorically denied any reports of shutdown, suspension, or transfer of its business assets. It said operations are continuing normally, with its field…
