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By Kirti Srinivasan , 14 April 2025
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Indian Pharma Under Scrutiny: U.S. Recalls Spotlight Manufacturing Lapses

In a troubling turn for Indian pharmaceutical giants, Glenmark, Sun Pharma, and Zydus are facing product recalls in the United States due to regulatory non-compliance and manufacturing deficiencies. The U.S. Food and Drug Administration (USFDA) flagged multiple deviations from Current Good Manufacturing Practices (CGMP), leading to recalls of widely prescribed medications for cardiac conditions, neurological disorders, and mental health issues. These enforcement actions highlight rising regulatory vigilance in the U.S.

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  • Pharmaceutical
By Gurminder Mangat , 14 April 2025
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India Activates Trade Helpdesk Amid Global Tariff Shifts and Trade War Escalation

Amid escalating global trade tensions, particularly a fresh wave of tariffs between the United States and China, India has launched a proactive initiative to safeguard its economic interests. The Ministry of Commerce has operationalised a 'Global Tariff and Trade Helpdesk' under the Directorate General of Foreign Trade (DGFT) to assist exporters and importers in managing shifting trade dynamics. This move comes as the US imposes steep tariffs—10% on most partners and a dramatic 125% on Chinese imports—deepening a trade war that could reshape global supply chains.

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  • Business
By Manbir Sandhu , 14 April 2025
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Insider Trading Allegations Settled: Axis Capital Executive and Associate Pay Rs. 1.13 Crore in SEBI Case

In a significant development in India's capital markets regulatory landscape, two individuals—Ashish Anup Nigam, former Executive Director of Axis Capital, and Nehal Milan Mehta—have reached a settlement with the Securities and Exchange Board of India (SEBI) over alleged violations of insider trading regulations related to BF Investment Ltd. The case, which involved suspected use of Unpublished Price Sensitive Information (UPSI) for personal gain, has been resolved through a collective payment of Rs. 1.13 crore, along with a six-month voluntary market debarment.

Tags

  • SEBI
  • Investment
By Kirti Srinivasan , 14 April 2025
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Indian Brewers Push for Level Playing Field in Delhi Amid Discriminatory Excise Policies

Indian beer manufacturers are calling on the Delhi government to address what they see as an unfair advantage granted to beer imports from Bhutan and Nepal. These imports enjoy lower excise duties compared to domestic beers, putting local brewers at a significant disadvantage. The Brewers Association of India (BAI) has highlighted this disparity in a formal appeal, suggesting that it undermines the "Make in India" initiative, encourages tax evasion, and creates an uneven playing field in the Delhi beer market.

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  • Business
By Manbir Sandhu , 14 April 2025
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Empowering Future Workforce: SBI Funds Management Partners with Ambuja Foundation for Skill Development Initiative

In a strategic initiative aimed at reshaping India’s workforce readiness, SBI Funds Management (SBIFM) has entered into a collaborative partnership with the Ambuja Foundation to launch state-of-the-art skill training centers across key regions in Himachal Pradesh and Gujarat. The endeavor targets the upskilling of over 3,600 young individuals over the next three years, aligning them with the evolving needs of sectors such as banking, financial services, insurance (BFSI), manufacturing, and service industries.

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  • Banking
By Gurminder Mangat , 14 April 2025
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More Retail’s Bold IPO Gambit: Betting on Hybrid Retail in a Digital-First India

More Retail, one of India’s most expansive supermarket chains and backed by e-commerce giant Amazon, has revealed its intent to go public by 2026. Leveraging a powerful hybrid model that merges offline accessibility with online efficiency, the company is positioning itself as a formidable force in the evolving grocery and consumer goods sector. With 775 stores and ambitions to double that footprint in five years, More Retail is banking on the strength of neighborhood supermarkets acting as Amazon Fresh fulfillment hubs.

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  • Retail
  • IPO
By Gurminder Mangat , 14 April 2025
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Navigating Volatility: Why PSU Bank Stocks May Be the Smart Investor’s Bet for 2025

As domestic stock markets experience a stretch of volatility, savvy investors are shifting focus toward public sector bank (PSU) stocks—an asset class now poised for significant upside. With brokerage giant Motilal Oswal projecting gains of up to 31% on select PSU banks, market watchers view the turbulence not as a deterrent but as a timely entry point.

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  • Stock Markets
  • Banking
By Gurminder Mangat , 14 April 2025
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BSNL’s Bold Revival: Strategic Plans, 5G Rollout, and a Competitive Edge in the Telecom Market

Bharat Sanchar Nigam Limited (BSNL), India’s state-owned telecom enterprise, is staging a strategic comeback with long-term, cost-effective prepaid plans and aggressive infrastructure expansion. The company’s recently launched 180-day validity plan offers unlimited calling, data access, and digital content, setting a new industry benchmark. With preparations underway for a 5G rollout in June 2025 and 81,000 new 4G towers already installed, BSNL is positioning itself as a formidable challenger to private telecom giants.

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  • Telecom
By Manbir Sandhu , 14 April 2025
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ChatGPT Overtakes Instagram and TikTok as March’s Most Downloaded App Globally

In a landmark moment for artificial intelligence adoption, ChatGPT has outpaced Instagram and TikTok to become the most downloaded mobile application globally in March 2025. According to data analytics firm AppFigures, the surge in downloads was catalyzed by the app’s new image-generation feature, which went viral due to its Studio Ghibli-inspired artwork capabilities. Garnering over 46 million downloads—across both iOS and Android—ChatGPT’s dominance reflects not only its technological appeal but also a paradigm shift in digital engagement, creativity, and productivity.

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  • Technology Sector
  • AI
By Kirti Srinivasan , 14 April 2025
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Harmony Broken: Sonu Kakkar’s Public Split from Siblings Sparks Industry Buzz

In an emotionally charged and unexpected revelation, acclaimed singer Sonu Kakkar publicly declared she no longer considers herself the sister of fellow musicians Neha Kakkar and Tony Kakkar. The announcement, made via social media, has stirred a flurry of speculation regarding the personal dynamics within one of India's most celebrated musical families. While the underlying reasons remain undisclosed, Sonu’s absence from recent family gatherings and her poignant words suggest a deep emotional rupture.

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  • Entertainment

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