
Alembic Pharma receives USFDA EIR for Karakhadi API facility
The inspection was conducted at the API-III facility from 17th March 2025 to 21st March 2025.
Alembic Pharmaceuticals is a vertically integrated research and development pharmaceutical company. It manufactures and markets generic pharmaceutical products all over the world. Its research and manufacturing facilities are approved by regulatory authorities of many developed countries, including the USFDA.
The companys consolidated net profit declined 12% to Rs 156.89 crore despite a 16.7% jump in net sales to Rs 1,769.64 crore in Q4 FY25 over Q4 FY24.
Shares of Alembic Pharmaceuticals shed 0.78% to Rs 962.70 on the BSE.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India Today
24 minutes ago
- India Today
Elon Musk's xAI will pay up to Rs 3.7 crore to software engineers who can make anime girl avatars
Elon Musk's artificial intelligence company xAI is making headlines again. This time, for posting a rather unusual job listing. The company is looking for software engineers who can help build interactive AI avatars that resemble anime characters, and it's willing to pay big money for it. According to the job post, selected candidates could earn between $180,000 to $440,000 (roughly Rs 1.5 crore to Rs 3.7 crore) per year, excluding additional benefits and listing, posted on xAI's careers page under the title Fullstack Engineer - Waifus', is related to a new experimental feature within the company's Grok AI platform, according to Business Insider. The word 'waifu' is often used by anime fans to describe fictional female characters they feel attached to romantically. And in this case, the name appears to be linked to one of the AI avatars launched on this week, xAI introduced two AI 'companions' on the iOS version of the Grok app—'Ani', a Japanese anime-inspired character dressed in a corset dress, and 'Rudi', a cartoon red panda with a split personality. Rudi's alternate version, 'Bad Rudi,' is designed to behave more aggressively, offering a contrasting experience to its default personality. A third character, described as a male anime figure, is also expected to be added to the platform soon. Interestingly, while Musk initially stated that these avatars would be available only to premium users subscribed to Super Grok, they currently appear to be accessible to all Grok users, even those without a paid job description calls for skilled engineers with a strong background in multimedia systems and product development. According to the listing, xAI is seeking talent capable of making real-time avatar interactions fast, scalable, and stable. The role is based in Palo Alto, California, placing it at the heart of Silicon the idea of anime-style AI avatars might seem light-hearted or experimental, xAI's move points towards a larger goal, building interactive AI companions that feel more personalised and emotionally engaging. However, the company has already faced some criticism for how far it's willing to push that indicate that Ani, the anime companion, can behave flirtatiously and even change into lingerie if a user continues to engage with her. Bad Rudi, on the other hand, has been found using foul language and insults when its aggressive mode is activated. These behaviours have raised eyebrows and sparked debate over how AI interactions are being designed, especially when emotional manipulation and suggestive content are controversy follows another recent issue faced by xAI. Earlier this month, Grok faced backlash after generating offensive and antisemitic responses. In one instance, the AI referred to itself as "MechaHitler", a term linked to a fictional video game character. The company later apologised and blamed the behaviour on deprecated code that made the AI susceptible to replicating inappropriate user content.- Ends
&w=3840&q=100)

Business Standard
24 minutes ago
- Business Standard
ITC Hotels Q1 net profit rises 54% to ₹133 cr post demerger; revenue up 15%
Hospitality chain ITC Hotels, which recently demerged from consumer goods giant ITC Limited, reported a 54 per cent year-on-year rise in net profit to Rs 133 crore in the first quarter of financial year 2026. The company had reported a net profit of Rs 86.5 crore in the same period last year. Meanwhile, its revenue from operations grew 15 per cent to Rs 815.5 crore from Rs 706 crore in the corresponding period. The chain currently operates over 130 hotels, amounting to more than 13,000 keys across the country and in Sri Lanka. The company has focused on management and franchising contracts to add keys to its portfolio, with only 42 per cent of its current inventory owned by the group. The company has a pipeline of 50 hotels with over 4,500 keys, with a high salience of brownfield assets, aiming to reach a portfolio of 220 operational hotels with over 20,000 keys by 2030.


India.com
24 minutes ago
- India.com
ATMs across India to stop dispensing Rs 500 notes from September? Here's the truth
8th Pay Commission salary hike news: From 1st CPC to 7th CPC, How much minimum and maximum salary increased since 1947 New Delhi: Is the Narendra Modi government planning to stop dispensing Rs 500 notes from ATMs across India? A message is going viral on social media platforms (Instagram, Facebook, Twitter and other) claiming that Rs 500 notes will stop being issued from ATMs starting September. The post claims the Reserve Bank of India has asked all banks to stop dispensing Rs 500 notes from ATMs after September 30, 2025. It also claims that, going forward, only Rs 200 and Rs 100 notes will be available in ATMs. The claim caused a stir as soon as it surfaced. In response, the government quickly acted to debunk the misinformation. The Press Information Bureau (PIB) took to social media and labeled the post as 'Fake', stating that RBI has issued no such directive to banks. Has RBI really asked banks to stop disbursing ₹500 notes from ATMs by September 2025? 🤔 A message falsely claiming exactly this is spreading on #WhatsApp #PIBFactCheck ✅ No such instruction has been issued by the @RBI. ✅ ₹500 notes will continue to be legal tender. 🚨… — PIB Fact Check (@PIBFactCheck) July 12, 2025 PIB advised the public to ignore such false messages and rely only on official sources for information. Rs 500 notes will remain valid, and people can continue to use them for transactions as usual. New Directive by Reserve Bank of India: In its recent notification, the Reserve Bank of India (RBI) revised its guidelines, directing 75 percent of the currency notes dispensed through ATMs should be in ₹100 and ₹200 denominations September 30. This percentage is to increase to 90 percent by March 31, 2026. The objective behind this move is to address the shortage of smaller denominations and reduce inconvenience for customers. With this change, people are expected to face fewer difficulties in getting smaller notes.