The government has exempted basic customs duty on all drugs and food for special medical purposes imported for personal use for treatment of rare diseases. The import duty waiver will come into effect from April 1. Also, the government has exempted Pembrolizumab (Keytruda), used in treatment of various cancers, from basic customs duty. Drugs/Medicines generally […]
UltraTech Cement, India’s largest cement producer, posted a 32.30% fall in consolidated net profit at ₹1,666 crore for the fourth quarter ended March 31, impacted by a rise in energy and raw material costs. The Aditya Birla group company had posted a net profit of ₹2,461 crore for the same quarter of the previous fiscal. […]
The National Stock Exchange (NSE) on Monday said it would include Zee Entertainment Enterprises Ltd (ZEEL) back into the futures and options segment. This comes after the National Company Law Appellate Tribunal (NCLAT) stayed insolvency proceeding against Zee Entertainment on Friday. The NCLAT order is a major reprieve for ZEEL, which is merging with rival […]