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INDIA MARKET | Sun, 22 Feb 2026, 11:18AM IST USFDA data show OAI rates for Indian pharma plants falling to 8% by 2025 even as global outcomes worsen, reflecting stronger quality systems, technology adoption and compliance culture

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14m

INDIA BUSINESS | Sun, 22 Feb 2026, 11:00AM IST French spirits giant Pernod Ricard will not list its India business. India remains a critical growth engine for the company. The country is seeing strong premiumisation trends. Pernod Ricard expects continued momentum in India. This performance is despite a global sales dip. The company aims to reduce debt by 2029 without an India IPO.

Continue reading at Economic Times

33m

INDIA BUSINESS | Sun, 22 Feb 2026, 10:55AM IST OMC Power is entering the energy storage market by repurposing used electric vehicle batteries. The company is collaborating with Honda Motors Japan for this initiative. This move addresses concerns about the future of EV batteries. OMC Power plans to use these repurposed batteries for home and commercial UPS systems and hybrid rooftop installations.

Continue reading at Economic Times

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INDIA MARKET | Sun, 22 Feb 2026, 10:50AM IST Larsen & Toubro, State Bank of India (SBI), HDFC Bank, Life Insurance Corporation of India (LIC), Bajaj Finance, and Reliance Industries were the gainers

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42m

INDIA BUSINESS | Sun, 22 Feb 2026, 10:46AM IST Uttarakhand Chief Minister Pushkar Singh Dhami reviewed preparations for next years Kumbh Mela in Haridwar at a high-level meeting, stressing that ensuring facilities, smooth movement, sanitation, healthcare, and tight security for devotees is the governments top priority.

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47m

INDIA BUSINESS | Sun, 22 Feb 2026, 10:43AM IST The two-wheeler industry has the potential to grow at 8-9 per cent CAGR in the long term, drawing from the momentum of GST rate cut, government's spending on infrastructure and overall growth of the economy, according to TVS Motor Company CEO KN Radhakrishnan. The first half of the next year is also expected to be "very good" in terms of sales growth, as the benefits of the GST rate cut will continue to come into the industry, he told analysts. "Overall, I'm a firm believer that 8 per cent to 9 per cent as a CAGR, you can look at on a long-term basis...," Radhakrishnan said when asked about the growth prospects of the two-wheeler industry for the next fiscal on the back of strong performance in Q3. In Q4, the benefit of the GST rate cut, which was implemented on September 22 last year, will be seen, he added. "The first half of the next year (fiscal) is also going to be very good because the benefits will come into the industry," he noted. While not sharing an exact forecast for t

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49m

INDIA BUSINESS | Sun, 22 Feb 2026, 10:42AM IST The brewing industry plans a significant investment of Rs 5,500 crore in Uttar Pradesh over the next three years. This includes setting up new breweries and ancillary units like aluminium can and glass production plants. The Brewers' Association of India welcomed the state's progressive excise policy. This policy aims to boost beer consumption and industry growth without impacting tax revenues.

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INDIA BUSINESS | Sun, 22 Feb 2026, 10:39AM IST French liquor major Pernod Ricard has ruled out an IPO of its India business as part of its deleveraging strategy, even as it reported a 4 per cent rise in net sales in the country. With growth accelerating to 8 per cent after excluding Imperial Blue, a brand that has now been disposed of and closed by the French Liquor major, it expects the momentum to continue in the second half of FY'26, its Chairman & Chief Executive Officer Alexandre Ricard said. The company, which follows a July-to-June fiscal year, has achieved this growth despite a challenging first quarter, which was "severely impacted" by a very strong tax increase in Maharashtra, said Ricard on the post-earnings call last week. "We expect to see this momentum continue over the second half (H2)," he said in his opening remarks. The Pernod Ricard CEO highlighted that its international spirits portfolio is witnessing a "strong double-digit growth in India, reflecting the ongoing premiumization of the market. India's growth

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53m

INDIA BUSINESS | Sun, 22 Feb 2026, 10:32AM IST Aurobindo Pharma is set to boost Penicillin-G output to over 10,000 metric tonnes annually. Its China manufacturing facility is projected to reach EBITDA break-even this quarter. The company is also advancing its US operations and developing complex generics. These strategic moves aim for sustainable growth and improved profitability.

Continue reading at Economic Times

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INDIA BUSINESS | Sun, 22 Feb 2026, 10:31AM IST Delhi hotels saw a significant rent hike last week. The AI Impact Summit, a major wedding season, and the T20 World Cup drove up demand. Hotel rates climbed substantially, with some premium rooms reaching high prices. This surge highlights Delhi's growing importance as a global hub for technology and diplomacy.

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1h

INDIA BUSINESS | Sun, 22 Feb 2026, 10:20AM IST Aurobindo Pharma is looking to ramp up the production of Penicillin-G to over 10,000 metric tonnes on an annual basis over the next 12 months, according to company CFO S Subramanian. The Hyderabad-based drug maker also expects its China-based manufacturing plant to break even in EBITDA in Q4 and meaningfully contribute to the bottom-line EBITDA in the next year. "The ramp-up of the facility (Pen-G) is progressing in line with expectations and is well-positioned to deliver a meaningful uplift in profitability over time. Based on our current production level, we expect to produce more than 10,000 metric tonnes on an annualised basis over the next 12 months," Subramanian told analysts in a call. The company's Pen-G facility, located in a SEZ at Kakinada in Andhra Pradesh, is expected to touch production capacity of 15,000 metric tonnes per annum over a period of time. "It is important to note that the yield levels are steady and improving consistently over time," Subramanian said. Th

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1h

INDIA BUSINESS | Sun, 22 Feb 2026, 10:14AM IST OMC Power has forayed into leveraging repurposed EV batteries to deliver energy storage solutions across diverse market segments, a top company executive said. OMC Power is involved in rooftop solarisation, EPC, greening telecom infrastructure, and mini-grid development, among others. "Repurposing EV batteries is a very new application area in India. Probably we would be the first one to do it with Honda Motors Japan," the company's co-founder & CEO Rohit Chandra told PTI in an interaction. There was a growing concern about the future of EV batteries, which have a substantial second life left after use in EV's, he noted. The CEO further said that "repurposing EV batteries for home and commercial use in UPS (uninterrupted power supply) application was one of the first use cases we piloted. The solution can also support rooftop installations as hybrid rooftop installations using battery storage systems will also be a big upcoming application for such batteries." On the sourcing of .

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1h

INDIA MARKET | Sun, 22 Feb 2026, 10:13AM IST In FY26, 10 penny stocks surged 50205%, with four multibaggers.

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1h

INDIA MARKET | Sun, 22 Feb 2026, 10:04AM IST Image used for representational purpose.

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1h

INDIA MARKET | Sun, 22 Feb 2026, 10:03AM IST Clean Max Enviro Energy Solutions Rs 3,100 crore IPO opens on Monday with a muted grey market premium of 0.4%, signalling flat listing expectations. The issue comprises a Rs 1,200 crore fresh issue and Rs 1,900 crore OFS. Proceeds will largely repay debt. Despite strong capacity growth, high borrowings and modest GMP temper near-term listing gains hopes.

Continue reading at Economic Times

1h

INDIA MARKET | Sun, 22 Feb 2026, 9:56AM IST Nifty ended the week 0.4% higher, aided by gains in financials and metals, with the index rising 117 points on Friday to close at 25,571. As markets reopen on Monday, multiple domestic and global triggers are set to influence sentiment. Technically, analysts see resistance at the 21-EMA, while a bearish RSI crossover signals weak underlying momentum.

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1h

INDIA MARKET | Sun, 22 Feb 2026, 9:44AM IST Rohit Rikhye, who has been with the airline for over 11 years, was serving as Chief Pilot -- Standards, QA & Ops Safety.

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1h

INDIA MARKET | Sun, 22 Feb 2026, 9:34AM IST IDFC First Bank said that it has filed a complaint with the police and is in the process of filing further complaints with appropriate law enforcement agencies.

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1h

INDIA BUSINESS | Sun, 22 Feb 2026, 9:24AM IST IDFC FIRST Bank has uncovered a significant fraud totaling Rs 590 crore. The incident involves employees at one of its Chandigarh branches. Four suspected officials have been suspended pending a thorough investigation. The bank is also appointing an independent agency to conduct a forensic audit. Strict action will be taken against all involved parties.

Continue reading at Economic Times

2h

INDIA BUSINESS | Sun, 22 Feb 2026, 9:24AM IST IDFC FIRST Bank has uncovered a significant fraud totaling Rs 590 crore. The incident involves employees at one of its Chandigarh branches. Four suspected officials have been suspended pending a thorough investigation. The bank is also appointing an independent agency to conduct a forensic audit. Strict action will be taken against all involved parties.

Continue reading at Economic Times

2h

INDIA MARKET | Sun, 22 Feb 2026, 9:07AM IST This scrutiny arises in the immediate aftermath of a landmark Supreme Court ruling that struck down most of Trump's previous sweeping tariff measures

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2h

INDIA MARKET | Sun, 22 Feb 2026, 8:43AM IST Pakistan targets at least seven terrorist hideouts in Afghanistan.

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2h

INDIA BUSINESS | Sun, 22 Feb 2026, 8:34AM IST Globally, the luxury boom is cooling, with prices for prestige assets like watches and fine wines dropping 10-20%. However, India is experiencing a surge in demand for Swiss watches, with exports rising significantly. This presents a unique opportunity for Indian buyers to enter a market that is correcting worldwide but expanding locally.

Continue reading at Economic Times

2h

INDIA MARKET | Sun, 22 Feb 2026, 8:16AM IST Each day of the month of Ramadan starts with Sehri, the pre-dawn meal, and concludes with Iftaar, the evening meal at sunset.

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3h

INDIA MARKET | Sun, 22 Feb 2026, 8:03AM IST Trump reasoned that he was increasing tariffs to 15 per cent based on a thorough, detailed, and complete review of the ridiculous, poorly written tariffs verdict.

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3h

INDIA BUSINESS | Sun, 22 Feb 2026, 7:43AM IST Indias seaplane ambitions, first launched in 2010 with Pawan Hans Jal Hans service, have largely failed to take off despite early hype, marked by stalled projects, brief trials and zero currently operational routes.

Continue reading at Economic Times

3h

INDIA BUSINESS | Sun, 22 Feb 2026, 7:43AM IST Indias seaplane ambitions, first launched in 2010 with Pawan Hans Jal Hans service, have largely failed to take off despite early hype, marked by stalled projects, brief trials and zero currently operational routes.

Continue reading at Economic Times

3h

INDIA MARKET | Sun, 22 Feb 2026, 7:30AM IST The blow comes amid a perilous stretch for White House, with Trump facing criticism over his threats to acquire Greenland, violent actions by immigration officers and the fallout from Epstein files

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INDIA MARKET | Sun, 22 Feb 2026, 7:12AM IST The department is seeking to determine whether the deal "may substantially lessen competition or tend to create a monopoly in violation of Section 7 of the Clayton Act or Section 2 of the Sherman Act

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4h

GLOBAL NEWS | Sun, 22 Feb 2026, 7:09AM IST Workers at NewYork-Presbyterian/Columbia hospital voted for a contract with raises and layoff protections, meaning more than 4,000 nurses will return.

Continue reading at The New York Times

4h

INDIA MARKET | Sun, 22 Feb 2026, 7:08AM IST Image used for representational purpose.

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4h

INDIA MARKET | Sun, 22 Feb 2026, 7:00AM IST Kavanaugh is one of the three dissenting judges, who in an order said that tariffs, as a matter of text, history, and precedent, are clearly lawful.

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