Vijay . S

  Natco Pharma estimates a possible dip in revenue by 20% and profit by as much 30% in FY26 on account of geopolitical uncertainties and pricing pressure in its core product portfolio in U.S. and due to increased research and development (R&D) experises On the back of a strong cash position of more than ₹3,000 crore as of March 31, 2025, it is preparing for headwinds coming from U.S. business during FY26. The Hyderabad-based ge-neric drugmaker said this announcing a consolidated net profit for FY25 at 1,883.4 crore and a total revenue of ₹4,784 crore, both highest thus far. While net profit was a rise of 36% compared with *1,388.3 crore in 2023-24, total revenue was 16% higher from ₹4,126.9 crore a year earlier. The guidance for the current fiscal comes after vice-chairman and CEO Rajeev Nannapaneni in Fe-bruary this year told inves-tors, in the backdrop of U.S. threatening high ta-riffs on pharma imports, about the need for a front-end manufacturing in the U.S. "That's th...

1. About the Author Stephen R. Covey (1932–2012) was an American educator, author, businessman, and keynote speaker. He held an MBA from Harvard and a Doctorate from Brigham Young University. Covey was a respected leadership expert and co-founder of FranklinCovey, a global professional services firm. He is best known for his work in personal development and leadership training. Covey's teachings have influenced millions worldwide through his books, seminars, and corporate training programs. 2. Context of the Book First published in 1989 , The 7 Habits of Highly Effective People emerged at a time when self-help and business management literature focused largely on quick-fix strategies and surface-level productivity hacks. Covey challenged this trend by emphasizing character ethics over personality traits, proposing a principle-centered approach to personal and interpersonal effectiveness. The book is based on timeless principles of fairness, integrity, honesty, and human di...

  Bajaj Auto Ltd., via wholly owned Bajaj Auto Interna-tional Holdings BV (BAIHBV), said it plans to take control of KTM unit headquartered in Austria. With this action and post requisite approvals coming through, Bajaj will move from hitherto being a dormant minority investor to a majority owner in the global KTM company while continuing to accelerate the KTM business run out of India under the joint de velopment programme, BAIHBV has arranged a debt funding package of €800 mn. where it develops, makes and sells in India as well as exports to 80 countries. Also, BAIHBV has ar-ranged a debt funding package of €800 million to enable the continuity of the KTM business

  Budget airline IndiGo's pa-rent InterGlobe Aviation posted a net profit of 3,067 crore for Q4FY25 and a net profit of ₹7,258 crore for FY25. While the Q4 net profit saw a 62% year-on-year growth, the annual net profit declined by 11%. The airline netted a total income of 23,097 crore in Q4, which was 24.8% high-er than Q4 FY24, said Indi-Go CEO Pieter Elbers. The performance was aided by robust travel de-mand with passenger num-ber growing 21%, or 3.2 crore, for IndiGo last fiscal. On the sticking point of airline's partnership with Turkish Airlines under The airline netted a total income of ₹23,097 crore in Q4. which IndiGo uses two Boeing 777 aircraft for-flights to Istanbul from Del-hi and Mumbai and allows passengers to connect to Europe and U.S., the CEO said, "flight operations to Istanbul are within the fra-mework of the air service pact between India and Turkey. We are compliant with all regulatory norms."

 NSEL traders vote in favour of one-time settlement scheme More than 90% of the trad-ers of the scam-tainted Na-tional Spot Exchange Ltd. (NSEL) in value and 92.81% in number have voted in fa-vour of one-time settle-ment (OTS), according to a statement by NSEL. The e-voting concluded on May 17. According to the scheme of settlement, ₹1,950 crore would be paid to 5,682 traders in propor-tion to their outstandings as on July 31, 2024. NSEL, with the support of its parent 63 moons technologies ltd., had filed a scheme of settlement be-fore the National Company Law Tribunal (NCLT), Mumbai, for a one-time, amicable full and final set-tlement with 5,682 traders. The OTS was originally proposed by the NSEL In-vestors Forum (NIF), an as-sociation representing a large number of traders. "This settlement would mean closure of legal cases against the group along  sum of 21,950 cr. would be paid to 5,682 traders in proportion to their outstandings with assignment of all rights of traders ...

  As part of an overall effort to bring in greater consis tency between import ta-riffs and customs regula-tions, the government on Monday allowed the im-port of certain types of un-wrought, semi-manufac rured and powdered gold under particular condi tions. On the other hand, it has imposed similar condi tions on the import of some silver products that earlier freely were importable. According to the new restrictions, imports of these items will only be al lowed through agencies nominated by either the Reserve Bank of India or the government, qualified jewellers, and particular traders authorised under the India-UAE free trade agreement (FTA). The rules were notified by the Directorate General of Fo reign Trade (DGFT) on Monday as a modification of its import policy chapter pertaining to precious me tals, stones, and pearls. When it comes to gold, several items that earlier faced a blanket restriction have now been allowed for import under particular conditions. For example, the im...

  Apple CEO Tim Cook said its flagship iPhones sold in the U.S. for the June quar-ter will be predominantly made in India, where the smartphone maker report-ed record quarterly earn-ings prompting it to open more stores. Responding to ques-tions from analysts on sourcing of iPhones sold in the U.S., Mr. Cook said, "For the June quarter, we do expect the majority of iPhones sold in the U.S. will have India as their country of origin." At present, bulk of the iPhones sold in the U.S. are assembled in China. Ho-wever, in the ongoing tariff war unleashed by the U.S., imports from China will be subject to high tariffs push-ing up the cost of iPhones sold in the U.S. "What we have learned was that having everything in one location had too much risk with it so we have, with certain parts of the supply chain, opened up new sources of supply. You can see that continu-ing in the future," said Mr. Cook. The existing tariffs that apply to Apple today are based on the product...

 ' Higher-than-expected dividends from the Reserve Bank of India, lower oil prices, will provide fiscal flexibility; the past also shows that the deficit has been contained during heightened tension he Central Govern T ment has enough fiscal space to ab sorb a jump in defence ex penditure without deviat-ing from fiscal deficit target of 4.4% for this financial year, say economists. This is largely in keeping with India's past perfor mance where the fiscal def icit has been under control during periods of height-ened tensions with Pakis-tan unless it escalated into a full-blown war, or if glo-bal crises had taken place. The Ministry of Defence will be reportedly seeking an increase in its Budget to the tune of 150,000 стоге this year in the Supple mentary Demand for Grants in December. This extra spending, however, is manageable for the go-vernment as it is expecting higher revenue and has the flexibility to cut some oth-er expenditure. "While additional de fence outlays ma...

  Ashok Leyland Ltd. of the Hinduja Group has an-nounced its board of direc-tors, at a meeting held on Friday declared a second interim dividend of ₹4.25 per equity share of face va-lue 1 for the financial year ended March 31, 2025. In all, the company had announced so far for FY25 a total interim dividend of 625% ie., 6.25 per share on a face value of ₹1. "This dividend decision reflects the company's strong operational perfor-mance and robust financial position. This also reinforc- ALL announced a total interim dividend of 625% for FY25. Ashok Leyland's ongo-ing commitment to en-hancing shareholder value and returns," it sai The second interim divi-dend will be paid to eligi-ble shareholders on or be fore June 14, the firm said

 Indicating distress in rural economy two-wheeler (2W) wholesales in April fell 16.7% year-on-year to 14,58,784 units, as per data released by Society of In-dian Automobile Manufac-turers (SIAM) on Thursday. The fall was led by a 22.7% drop in wholesales of motorcycles to 8,71,666 units and 5.7% fall in the scooters segment to 5,48,370 units. Mopeds also fell 7.6% to 38,748 units.  market grew 3.9% in April However, supported by strong urban demand, pas-senger vehicles (PV) wholesales in the domestic to 3,48,847 units In this segment while passenger cars and van wholesales contracted, utility vehicles segment re-ported growth. The overall three-wheeler (3W) segment re-ported a minor contrac-tion of 0.7% to 49,441 units. The e-rickshaw sub-seg-ment saw a massive fall of 36.5% to 830 units from 1,308 units a year ago, goods carriers fell 7.7% to 8,135 units. Growth was re-ported from passenger car-riers and e-carts at 2% and 16.6% respectively. "Passenger vehicle seg-ment posted...

  More than 111 research pro-jects have been funded in India with a sanctioned amount of ₹300 crore and the country now ranks among top six nations glo-bally in 6G patent filings, Union Minister of State for Telecom Chandra Sekhar Pemmasani said. Speaking at BHARAT 6G 2025 conference, the Mi-nister said 6G will use Tera-Hertz frequency bands enabling data rates up to 1 terabit per second which is 100 times faster than 5G. "Over 111 research pro-jects have been funded with the sanctioned 6G will enable data rates of up to 1 terabit per second amount of ₹300 crore and India now ranks among the top six nations globally in 6G patent filings. We have a vast amount of talent pool and we have enough time. There is no reason for us not to lead in 6G,"

 Gold prices rebounded in the spot market on Tues-day, a day after a massive fall of about 3% in the glo-bal market due to easing of the tariff war and trade tensions between the U.S. and China, the world's two largest economies. Analysts said ever since the announcement was made, safe-haven assets such as gold faced sell-off by investors. However in India, as per Indian Bullion & Jewellers Association (IBJA) rates, gold on the spot market was priced at ₹94,344 per 10 grams on Tuesday com-pared with ₹93,076 on Monday, a gain of ₹1,268 per 10 grams. In the past weeks, gold prices have reduced to a large extent from the re-cord-high level of more than 1 lakh recorded on April 22, 2025, as investors increasingly preferred the safe-haven asset due to glo-bal uncertainties triggered by the tariff action of U.S. President Donald Trump. Comex gold futures de-clined about 3% on Mon-day to settle at $3,329 per ounce (28.3495 grams), the lowest closing in nearly two weeks. "The shar...

  Tata Steel Ltd. has posted a more than two-fold in-crease in Q4 consolidated net profit to ₹1,301 crore from ₹611 crore in the year-earlier period.The company's revenue from operations during the period declined 5% year-on-year (YoY) to ₹55,707 crore. For FY25, the company registered a net profit of 3,421 crore compared with a net loss of ₹4,437 crore in the previous year. Revenue from opera-tions declined 5% to 2,16,840 crore. The Board T.V. Narendran of Directors recommended a dividend of ₹3.60 per or-dinary (equity) share of face value of ₹1 each. "FY2025 has been an important transition year for Tata Steel with signifi-cant developments across operating geographies," said managing director and chief executive officer T.V. Narendran. "We commissioned In-dia's largest blast furnace at Kalinganagar, safely de-commissioned two blast furnaces in the U.K., and achieved production levels near rated capacity in The Netherlands," he said. "India deliveries...

  An Infructescence of about 4.2 metres has been re-corded in a species of wild banana from Andaman and Nicobar islands, mak-ing it the longest infructes-cence recorded in bananas across the world. The de tails of the discovery were published in an interna tional peer reviewed science journal Botany Let ters earlier this year.The infructescence was recorded in an endemic species of wild banana, the Musa indandamanensis, that was first recorded from a remote tropical for est near Krishna Nala re-serve forest on the Anda man and Nicobar islands in 2012 and found mention in a science journal in 2014.Initially when the spe cies of Musa indandama nensis was discovered on the Little Andaman islands by Lal Ji Singh, head of the regional centre of Botani A specimem of a long banana infructescence at a museum on Andman and Nicobar Islands.Survey of India in the Andaman and Nicobar Is land, the infructescence of the specimens were about 3 metres long. Usually, the infructescence (fruit bunch...

  Mahindra & Mahindra Ltd. (M&M) reported a 22% year on year growth in standa-lone net profit to ₹2,437 crore backed by volume growth in auto and tractor businesses. Revenue grew 24% to 31,609 crore. While total vehicle vol-ume rose 18% to 2,53,028 units, tractor sales volume grew 23% to 87,138 units. For FY25, M&M's stan-dalone net profit grew 11% to 11,855 crore while reve-nues climbed 17% to 1,18,625 crore. Auto vol-umes rose 4% to 9,41,115 units. Tractor sales vol-umes in FY25 rose 12% to 4,20,636 units. The board has proposed to pay a divi-dend of 25.3 per share. On a consolidated basis, Q4 net profit increased 20% to ₹3,295 crore and re-venue 20% to 42,599 crore. For FY25, consoli dated net profit at 12,929 crore was up 15% while re-venue climbed 14% to *1,59,211 crore. mendable progress to-wards its dual objectives of strengthening client posi-tioning and margin expan-sion. We continue to build strong businesses which will deliver significant va-lue to our stakeh...

  Aster DM Healthcare has announced the completion of its acquisition of 5% stake in Quality Care India Ltd. (QCIL) from BCP Asia II TopCo IV Pte. Ltd. (BCP) and Centella Mauritius Holdings Limited (Centel-la) through a share swap ahead of QCIL's merger with Aster DM Healthcare. The merger was an-nounced in November 2024. The transaction was completed by acquiring 1,90,46,028 equity shares of Quality Care India Ltd. by Aster DM Healthcare from BCP and TPG for a va-lue of ₹849.13 crore, Aster said in a statement.

                       The One Minute Manager  1. About the Author: The One Minute Manager was co-authored by Ken Blanchard and Spencer Johnson . Ken Blanchard is a leadership expert and management consultant known for his practical business advice. Spencer Johnson , a physician and psychologist, is also famous for his parable-style business writing, including Who Moved My Cheese? 2. Context of the Book: First published in 1982 , The One Minute Manager emerged during a period of rising interest in employee productivity and management efficiency . The book simplifies core management principles into an easy-to-follow narrative through a fictional story involving a young man's search for effective management. 3. Purpose of the Book: The book aims to show how managers can achieve better results in less time by applying three simple techniques. It's meant to improve productivity, communication, and job satisfact...

  Resolution Professional utterly failed to discharge his statutory duties contemplated under the IBC and CIRP regulations during the course of entire CIR proceedings, says Justice Trivedi T he Supreme Court, in a judgment, on Friday rejected the Resolution Plan submitted by JSW Steel for Bhushan Power and Steel Ltd. (BPSL The National Company Law Appellate Tribunal had previously approved the Resolution Plan "The judgment passed by the NCLAT in allowing the company appeal of JSW and issuing the direc tions without any authori ty of law and without juris diction is perverse, coram non judice and liable to be set aside," a Bench headed by Justice Bela M. Trivedi said. The court found the Resolution Plan in "fla "What we have learned was that having everything Strong rebuke: The CoC had failed to protect the interest of the creditors by taking contradictory stands, the SC said. grant violation and contra vention of the law. "The Resolution Professional had utterl...

GST collection rose 12.6% (Y-o-Y) to an all-time high in April, reflecting strong economic activity(in lakh crore)2.50 Goods and Services Tax collection rose 12.6% year-on-year to an all-time high of about 2.37 lakh crore in April, reflecting strong eco-nomic activity and March-end reconciliation of books by businesses. The GST mop-up was 2.10 lakh crore in April 2024 the second highest ever since GST was rolled out on July 1, 2017. In March 2025, the collection was 1.96 lakh crore. As per the government data released on Thursday, GST revenue from domes-tic transactions rose 10.7% to about 1.9 lakh crore, while revenue from im-ported goods was up 20.8% to 46,913 crore. Refunds issuance rose 48.3% to 27,341 crore dur-ing April. After adjusting refunds, net GST collection rose 9.1% to over ₹2.09 lakh crore in April.Deloitte India Partner M.S. Mani said the net GST collections crossing 2 lakh crore in the first month of the current fiscal year indi-cates a strong economic performance in t...