Aurobindo Pharma may take a $20-million hit this quarter
The company said it is planning to resume manufacturing operations in a phased manner starting with non-aseptic lines. The US regulatory agency issued Form 483 with 9 observations against the facility at the conclusion of the inspection on February 2. The company, as an abundant caution , put on hold manufacturing at certain lines. Key Points
Economic TimesYour forehead wrinkles might actually be dehydration lines — here's how to get rid of them
Creases on your forehead can be signs of dehydrated skin rather than early wrinkles. Here's how to fix them with simple skincare products. Key Points
InsiderTan-through swimwear actually gives you weirder tan lines
Tan-through bikinis are all over TikTok, with brands claiming that the mesh fabric prevents tan lines. Users say it's a money grab. Key Points
InsiderControversial Adipurush dialogues altered after public pressure, ‘jalegi tere baap ki’ changed to ‘jalegi bhi teri Lanka’
The objectionable lines of dialogue in Adipurush have been changed, T-Series confirmed on Wednesday. The new version of the movie is now playing in theatres. Key Points
The Indian ExpressRussia-Ukraine Conflict: Russian freight train derails after hitting 'explosive device'
An unidentified explosive device went off, as a result of which a locomotive of a freight train derailed, Bryansk governor Alexander Bogomaz said on Telegram. The apparent attacks came a day after a Ukrainian strike killed four people in a Russian village in the Bryansk region and as Kyiv prepared for a widely expected counter-offensive. Key Points
Economic Times5 anti-aging products to try as Botox alternatives
Botox or Dysport injections work by preventing the muscle contraction that causes wrinkles. Some over-the-counter products can help smooth fine lines. Key Points
InsiderManoj Muntashir, Om Raut decide to revise Adipurush lines after facing backlash
A day after defending his lines written for Om Raut's Adipurush, Manoj Muntashir has shared an update. The film features Prabhas, Kriti Sanon, Saif Ali Khan. | Bollywood Key Points
Hindustan TimesIndia can win a two-front war by learning from Israeli and Korean forces, Gen Naravane writes
The disadvantages of fighting a two-front war can be mitigated at strategic and operational levels. India has the advantage of strategic depth and stands above China and Pakistan. Key Points
ThePrintSummer Rush: Consumer companies' production in top gear
White goods makers are increasing production and running their cooling product line of air conditioners, refrigerators, coolers and chest freezers at 90-100% capacity compared with 60-70% in January-February. Even fast-moving consumer goods (FMCG) and beer companies are running their assembly lines at full steam. Key Points
Economic TimesFrom playdoh to lacing: 12 activities to foster pre-writing skills in toddlers
Pre-writing activities not only help build the child's fine motor skills but also help them to process sensory information. Check out some fun and creative activities to help children learn about various grips for other tasks and understand directions, forms, letters, number systems, and more. Key Points
Hindustan Times
Delhi Metro expands with two new corridors
The Lajpat Nagar to Saket G-Block corridor will run for 8.385 kilometres, and will have eight stations. The Inderlok to Indraprastha corridor, covering 12.377 kilometres, will have 10 stations. Key Points
ThePrintSRF, GFCL, Deepak Nitrite, Tata Chemicals and Navin Fluorine: How have they fared and which stock to buy?
The speciality chemicals sector experienced varying revenue growth in the fourth quarter, with some companies reporting strong performance in value-added products while others faced challenges in commoditized product lines. Capex investments continue to be significant as companies expand their capacities and add new product lines. Key Points
The HinduIs all the bad news and views priced in ? 4 stocks from the natural gas sector for contrarian trade.
Gas stocks have been underperforming the market for quite some time. The argument against them has been multifold, right from stagnation in terms of volume growth, companies not being able to expand in newer areas and the latest one being the threat from EV. Couple of months back, an announcement about pushing the electric vehicle (EV) more aggressively in Delhi, brought pressure on the stocks like IGL. While there is no doubt that over a period of time, EV will dominate, does it mean the end of the business of the gas companies? The answer is probably no, there are many other use cases and narrative about negative impact might be over stretched. Also the street might be ignoring the fact that these companies have enough cash on the balance sheet and also cash flows from existing lines of business to move into new areas which are part of the EV eco system. Key Points
Economic TimesStocks in news: ITC, SBI, Kfin Tech, Vedanta, Muthoot Capital
Debt-ridden cigarette seller British American Tobacco (BAT) announced that it will sell 3.5% stake in Kolkata-based FMCG firm ITC Ltd through a block deal. Key Points
Economic TimesBudget 2024: Exporters body seeks global shipping line, extension of manufacturing sop till 2027
The Federation of Indian Export Organisations (FIEO) has urged the government to develop a global shipping line in partnership with the private sector and provide tax incentives for research and marketing activities in the upcoming Budget. It also suggests extending the sunset date for commencing manufacturing and increasing weighted tax deductions for R&D. Key Points
Economic Times
Budget: Industry seeks tax incentives, more funds to boost manufacturing, green tech, exports
We remitted over USD 80 billion as transport service charge in 2021. As the country moves towards the goal of USD 1 trillion, this will touch USD 200 billion by 2030, Federation of Indian Export Organisations (FIEO) said, adding that the private sector may be engaged to develop the shipping lines. Key Points
Economic TimesHow India Inc is boosting productivity by using intelligent technologies
Assembly lines are becoming less dependent on humans-the shop floor foreman's holler is headed toward extinction. Instead, data and intelligent technologies have taken charge of factory machines, instructing them on tasks that need to be completed. Key Points
Economic TimesConnecticut man helps rescue 3 kittens from high voltage area
Eversource lineman Branden Collins noticed the four cats while working in an area with electrified lines. He then called animal rescue to help. | Trending Key Points
Hindustan TimesEXCLUSIVE Interview of Pankaj Tripathi on Fukrey 3 | Not Just Bollywood
In an exclusive interview with Firstpost’s Lachmi Deb Roy, Pankaj Tripathi says, “The day I realised that I want to be an actor and learn the craft, it took me 9 years to get admission in NSD. And again it took me another 8 years to get a break in the film industry.” Key Points
FirstpostIndia's Tata Capital plans to raise 280 bln rupees via debt in FY24 - official
India's Tata Capital plans to raise 280 billion rupees ($3.38 billion) mainly through debt instruments and bank lines in the current financial year to fund its double-digit credit growth, a top executive at the non-banking finance company (NBFC) said. Key Points
Reuters
US Fed hike on expected lines; RBI to take a balanced view: Analysts
The US Federal Reserve's 0.25% interest rate increase was expected and paved the way for India's reserve bank to take a measured approach to policy-making, according to analysts. Edelweiss mutual fund's Managing Director and Chief Executive Radhika Gupta said the Fed statement permitted the potential for more rate hikes, but the Indian economy currently didn't need further increases. Key Points
Economic TimesAmid drop in BO numbers, Adipurush producers announce discounted ticket prices
The move comes after Adipurush's box office collection witnessed a drop on Monday and Tuesday. Helmed by Om Raut, Adipurush stars Prabhas and Kriti Sanon. | Bollywood Key Points
Hindustan TimesManoj Muntashir says Adipurush’s Hanuman is ‘childlike’, claims there’s a political conspiracy to undermine the movie
Manoj Muntashir explained his characterisation of Hanuman in the film Adipurush. The film's interpretation of the character has attracted controversy significant enough for the makers to alter certain lines of dialogue. Key Points
The Indian ExpressMumbai News Live Updates: Maharashtra’s daily average of Covid cases spike to 1,000; govt to file curative petition after SC dismisses review plea on Maratha quota
Maharashtra, Mumbai News Live Updates: Eight new Metro rail services will operate on lines 2A and 7. During peak hours, Metro services will be available every 7.28 minutes from Monday from the current frequency of 7.50 minutes. Key Points
The Indian ExpressAvalon Technologies IPO to open on 3 April, raises ₹389 cr from anchor investors. 10 key things to know
Avalon Technologies is one of the leading fully integrated EMS companies with end-to-end operations in delivering box-build solutions in India in terms of revenue, with a focus on high-value precision engineered products. Ahead of the IPO, the company raises ₹389 crore from anchor investors. Key Points
mint
Maharashtra budget: Financial aid for girls, cash for farmers. Top points
Maharashtra Budget 2023: Deputy chief minister Devendra Fadnavis announced ₹6000 annual cash benefit to 1.15 crore farmers on the lines of PM Kisan Yojana. The state will bear the burden of ₹6900 crore a year for the scheme. Key Points
Hindustan Times