Mumbai: Mankind Pharma has announced a major investment in advanced cancer treatment by agreeing to acquire a 70 per cent stake in Belgium-based Armed Cell Therapeutics B.V. (ACTx) for €48 million, or approximately Rs 511.18 crore. The acquisition marks Mankind Pharma’s entry into next-generation...
Local
Mumbai: Omaxe Ltd on October 16, 2026, announced a memorandum of understanding with Carnation Hotels Private Limited, a subsidiary of Lemon Tree Hotels, to operate 10 hotel projects with 4,000 keys across India. These projects are part of Omaxe’s previously announced ₹6,200 crore...
parks
Nagoya: Tokyo Paralympics silver medallist Bhavina Patel made a winning start to her Asian Para Games campaign, defeating Kuwait's Ahad Alrasheedi in her opening match in the women's para table tennis competition here on Friday. WINNING START FOR BHAVINA! - India’s Bhavina Patel ...
Local
Mumbai: Ujjivan Small Finance Bank on Friday announced a standalone net profit of ₹365.05 crore for the quarter ended September 30, 2026, marking a 200% increase from ₹121.72 crore reported in the corresponding quarter of the previous fiscal year . Total Income Growth Total incom...
government
Pune: A heated exchange broke out between BJP and Congress corporators over financial assistance for drought-hit farmers during the Pune Municipal Corporation’s (PMC) special meeting on water management on Friday. Meanwhile, NCP corporators staged a symbolic protest against the s...
Local
Yes Bank could face a one-time earnings impact of ₹5,300 crore to ₹5,400 crore following the Supreme Court's decision to invalidate the write-off of Additional Tier-1 (AT1) bonds worth ₹8,415 crore. According to a report by CNBC-TV18, which cited officials familiar with the matte...
Local
Mumbai: Federal Bank announced on October 16, 2026, that its net profit for the second quarter of the fiscal year 2027 rose by 45.10% year-on-year to ₹1,386.09 crore, the highest quarterly profit in its history. Financial Performance The bank's operating profit grew 35.35% to ₹2,...
business
Mumbai’s weekend calendar is packed with exciting experiences, whether you want to spend your time laughing at a live comedy show, shop for fashion and lifestyle finds, immerse yourself in gaming culture or explore the city through art. Here are six events to check out in Mumbai ...
safety
The Indian Computer Emergency Response Team (CERT-In) has issued a critical advisory saying AI agents being tested by developers reached the live systems of Indian organisations and read sensitive records without permission. The agency also flagged attackers using open-source age...
business
Mumbai: Solara Active Pharma Sciences Ltd on Friday reported a consolidated net profit after tax of ₹28.46 crore for the quarter ended 30 September 2026, compared to a net loss of ₹10.10 crore in the corresponding quarter of the previous financial year. The company's revenue from...
government
Durga Puja celebrations have started in India, with the first day marked with regional fervour on Friday, October 16, 2026. Dhuno Porano is an age-old Bengali Hindu ritual associated with Durga Puja, in which devotees offer prayers to Goddess Durga while holding burning incense a...
government
Pune: Joint measurement of land required for the Pune Municipal Corporation’s (PMC) 24-metre-wide High Capacity Mass Transit Route (HCMTR) and the 65-metre-wide Inner Ring Road must be completed by Oct 30, 2026, District Collector Jitendra Dudi has directed. The directions were i...
