• Approximately 2,500 participants competed across the 21.1K Half Marathon, 10K Timed Run and 5K Fun Run/Walk.

• Mohit and Priti clinched the men’s and women’s 21.1K titles, while Aavkash and Pooja topped the respective 10K categories.

• The AIMS-certified, traffic-free course and participation of 85 Special Olympics Bharat delegates highlighted the event’s focus on sporting excellence and inclusion

Reliance MET City successfully hosted the inaugural MET City International Half Marathon on Sunday at MET City Jhajjar, bringing together 2,500 runners across the 21.1K Half Marathon, 10K Timed Run and 5K Fun Run/Walk categories for a celebration of fitness, endurance and community participation across the township’s wide, green and traffic-free roads. The event witnessed participation from runners across India as well as overseas, adding a national and international dimension to the inaugural edition. The AIMS-certified course offered runners a smooth-running experience, with participants competing for a prize pool of close to Rs. 9 lakh. 

Sh. Shrivallabh Goyal, Whole-time Director Reliance MET City, and Mr. Manish Jaiswal, CEO, Reliance MET City, flag off the inaugural International Half Marathon in Jhajjar

In the 21.1K Half Marathon, Mohit won the men’s category with a timing of 01:03:30 and received prize money of Rs. 1,00,000, while Priti secured the women’s title in 01:19:16, receiving Rs. 1,00,000. In the 10K Timed Run, Aavkash emerged as the men’s winner with a timing of 29:06 and was awarded Rs. 80,000, while Pooja topped the women’s category in 34:22, receiving prize money of Rs. 80,000. Kiprun by Decathlon partnered with the event as its Powered-by Partner.

Speaking on the occasion, Sh. Shrivallabh Goyal, Whole-time Director, Reliance MET City, said, “The successful inaugural edition of the MET City International Half Marathon marks a significant milestone for the township. Hosting an event of this scale reflects MET City’s growing potential to bring together sporting initiatives, civic engagement and its wider development vision. We are pleased to have provided a platform for athletes and running enthusiasts.”

Special Olympics Bharat participated in the Reliance Marathon with a delegation of 85 participants from various districts of Haryana, showcasing the spirit of inclusion, determination and sportsmanship. The delegation included participants from Savera Special School and Navodaya Special School in Jhajjar, Vishwas School in Gurugram, and Sirtar School in Rohtak. 

Their enthusiastic participation highlighted the importance of providing equal opportunities for persons with intellectual disabilities and encouraging their involvement in sports and physical activities. Their presence added a meaningful dimension to the marathon, reinforcing the message that sports transcend barriers, promote inclusivity and celebrate the abilities and potential of every individual.

Mr. Manish Jaiswal, CEO, Reliance MET City, said, “We are delighted to host the inaugural MET City International Half Marathon. At MET City, our vision extends beyond developing industrial and business infrastructure. We are building an integrated urban destination where economic growth goes hand in hand with community development and quality of life. The half marathon is a reflection of this vision. It brings people together through the spirit of fitness and collective achievement, while giving runners an opportunity to experience MET City’s infrastructure and green surroundings in a new way. We hope to build on this tremendous success and make the marathon a key event in MET City’s annual calendar.”

The inaugural marathon marks Reliance MET City’s initiative to bring sporting events and community engagement into its integrated township ecosystem.

About Reliance MET City
Reliance MET City is an integrated smart and sustainable township spread across approximately 8,250 acres in Jhajjar district, Haryana. Developed by Model Economic Township Limited, a wholly owned subsidiary of Reliance Industries Limited, the township is home to more than 700 companies from 12 countries and supports over 45,000 direct jobs. With planned infrastructure and IGBC Platinum-certified planning, it is being developed as an integrated ecosystem for industry, economic growth and community living.

In September 2026, Motorola announced plans to launch the moto Edge 70 Neo in the coming months, although no official timeline was provided by the manufacturer. Its predecessor, the moto Edge 60 Neo, stood out as a compact upper mid-range phone, and the Edge 70 Neo is expected to follow suit. According to industry leaks, the Edge 70 Neo could feature a 50MP Sony LYTIA 710 main camera at the back, a 6.3-inch 1.5K OLED panel, and a MediaTek Dimensity 7450 chipset.

Once launched in India, shoppers can choose either the moto Edge 70 Neo or the Edge 60 Neo and buy the handset on Easy EMIs from a Bajaj Finance partner store.
 

Moto Edge 70 Neo vs Edge 60 Neo: Compare design, display, camera, performance, battery life, and key features to see which smartphone suits you best
 

moto Edge 70 Neo vs moto Edge 60 Neo: Key similarities and differences explained

The Edge Neo series from Motorola focuses on offering compact smartphones with premium features in the mid-range segment. Thus, the Edge 60 Neo and the soon-to-be-launched Edge 70 Neo feature comparatively smaller displays and lower-capacity batteries.

What is expected to remain the same

Similar displays

The moto Edge 60 Neo uses a 6.36-inch 1.5K pOLED display, and its successor is expected to feature the same panel. Adaptive refresh rates up to 120Hz ensure lag-free visuals, while peak brightness of 3000 nits improves outdoor screen visibility.

Smaller batteries

To keep the device compact, Motorola fitted the Edge 60 Neo with a 5,000mAh battery, and the moto Edge 70 Neo is also expected to house the same cell. That said, the company claims the battery can power the phone for up to 44 hours on a single full charge. The batteries will support 68W TurboPower wired charging and 15W wireless charging for quick top-ups.

IP68 and IP69 protection

Phones from the Edge Neo series are known for their durability, and both models are rumoured to come with IP68 and IP69 ratings. These certifications ensure that the handsets are protected from dust and water, while they are also set to get MIL-STD 810H certification for military-grade durability.

Where the Edge 70 Neo is expected to get a few upgrades

Better imaging system

According to reports, the Edge 70 Neo will retain the 50MP main camera at the back, but is expected to get an improved 50MP ultrawide lens (compared to the 13MP ultrawide sensor on the Edge 60 Neo). This will significantly improve image sharpness and low-light performance while clicking landscapes and group shots. Both phones are tipped to carry a 10MP telephoto sensor with 3X optical zoom to complete the rear camera system.

On the front, the moto Edge 70 Neo is also expected to house a 50MP selfie camera, an upgrade from the 32MP lens found on the Edge 60 Neo.

Faster processor

The moto Edge 60 Neo runs on the MediaTek Dimensity 7400 chipset, while its successor is tipped to run on the more advanced Dimensity 7450 chipset. The latest processor is expected to offer better power efficiency and a boost in AI processing, which could help with moto AI (Motorola’s on-device artificial intelligence).

Similar to the Edge 60 Neo, the Edge 70 Neo is expected to come with 256GB internal storage and 8GB RAM, making it suitable for gaming, everyday tasks, and multitasking.

moto Edge 60 Neo and Edge 70 Neo – Expected pricing in India

While the moto Edge 60 Neo was launched in international markets in September 2025, it is yet to make its way to the Indian market. As for the moto Edge 70 Neo, the company recently confirmed that the handset will be launched in India in the coming months. Based on rumours and pricing in international markets, here’s how the two handsets may be priced in India:

• moto Edge 60 Neo (8GB RAM + 256GB ROM): Rs. 37,500 (expected)

• moto Edge 70 Neo (8GB RAM + 256GB ROM): Rs. 40,000 (expected)
   

*Updated on: October, 2026
 

Disclaimer: Prices mentioned are either based on available reports or their international pricing. Please wait until they are officially launched in India for accurate pricing details.

Is moto Edge 70 Neo worth the upgrade?

The moto Edge 70 Neo offers clear upgrades in two specific areas: a better imaging system and improved performance. Users who prioritise phone cameras or better on-device AI performance may find it beneficial to go with the Edge 70 Neo. Additionally, the Edge 70 Neo is tipped to come in four colours: pink, dark green, light green, and light blue, giving buyers several options.

Shop for moto Edge Neo series phones on Easy EMIs with Bajaj Finance

If you plan to buy the moto Edge 60 Neo or moto Edge 70 Neo, visit a Bajaj Finance partner store once they launch to check eligible models and available Easy EMI options. This lets you take home the phone you prefer while paying for it in convenient monthly instalments instead of paying the full price upfront.

Steps to shop on Easy EMIs

1. Visit a nearby Bajaj Finance partner store.

2. Check the available moto Edge 60 Neo and moto Edge 70 Neo variants.

3. Ask about eligible Easy EMI offers.

4. Select a suitable repayment tenure.

5. Complete the purchase and pay through monthly instalments.

Tetra Pak India highlights four connected consumer shifts that will shape the next generation of beverages: the wellness wave, convenience unlocked, the pursuit of value, and the search for new experiences and indulgence. At Drinktec India 2026, Tetra Pak will bring these trends to life through beverage concepts, processing technologies, packaging formats and commercialization support designed to help brands turn fast-moving consumer needs into scalable products. 
 

Tetra Pak enables beverage brands to respond to evolving consumer needs

Under the theme “Your next beverage idea starts here”, the showcase will demonstrate the full innovation journey. Visitors will see how an emerging need can be translated into a formulation, tested and refined, produced efficiently, matched with the right pack and taken to market through an appropriate manufacturing ecosystem. 
 

Four shifts redefining the beverage opportunity 

Wellness wave: Demand moving towards beverages with no added, reduced or no sugar, as well as protein, fibre for digestion and gut health, and ingredients associated with antioxidant and immunity benefits. 
 

Convenience unlocked: Consumers increasingly want drinks that fit on-the-go occasions and can be accessed anytime through e-commerce and delivery. This is opening opportunities for meal-replacement smoothies, functional shots, recloseable packs, ready-to-drink formats in categories such as electrolytes and specialised nutrition, and products with longer shelf life without added preservatives. 
 

Pursuit of value: Value is being created at both ends of the market. Smaller, accessible price-point packs can lower the entry barrier, while multipacks and bulk buys support affordability. At the premium end, claims such as no added sugar, alternative sweetening, longer shelf life and stronger sustainability storytelling can help justify a higher price point. 
 

Experience and indulgence: Innovation is also being driven by flavor, texture and interaction. The opportunity spans new fruit and regional flavor cues, beverage blends, particulates and pulp, mocktail-inspired recipes, and QR-led digital engagement that adds discovery to the drinking experience. 
 

The direction of customer trials and queries at Tetra Pak’s Product Development Centre in Chakan, Pune, reflects this convergence. At the event, visitors will be able to experience and sample concepts across high-protein, advanced hydration, low-sugar, plant-based and lactose-free beverages.
 

Smarter processing for better efficiency 

Tetra Pak will demonstrate how processing technologies can help producers improve efficiency, optimise ingredient and resource use, reduce waste and lower total cost of ownership while supporting sustainability ambitions. 

• In-line Blending, designed to optimise ingredient usage and blending efficiency while helping reduce total cost of ownership 

• Sustainable Juice Production, showing opportunities to improve resource efficiency while maintaining product quality 

• Horizontal Filter, designed to support consistent product quality, process performance and operational reliability 

• Reverse Osmosis Technology, which can help reduce water consumption and improve utility efficiency across beverage operations 

The right pack for the product, occasion and channel 

Packaging is central to how the four trends reach consumers.
 

Tetra Pak will showcase Tetra Prisma® Aseptic Edge formats from 200 ml to 1000 ml, demonstrating how brands can choose formats suited to different products, consumption occasions, price points and routes to market.

From a viable concept to commercial scale 

Developing the product is only one part of the journey. Tetra Pak will also showcase its co-packing network and how it can support customers in identifying suitable manufacturing partners based on product requirements, capabilities and market needs. This can help emerging and established brands reach the right manufacturing ecosystem and accelerate speed to market without building production capabilities from the ground up. 

Visit Tetra Pak at Booth D056, Hall No. 4 
Drinktec India 2026 | 28–30 October 2026 | Mumbai Exhibition Centre, Mumbai 

For more details, visit: Tetra Pak at Drinktec India 2026

As Vietnam pursues its ambition of becoming a high-income developed economy by 2045, artificial intelligence (AI) is expected to play a growing role in supporting productivity and innovation. Alongside technology adoption, developing the skills and management capabilities to apply AI effectively is becoming an important part of the country’s workforce agenda.
 

Dr Tan Hong Ming, Assistant Dean (Digital Operations), NUS Business School (sixth from left), with Ms Tara Bal, Head of Corporate Communications, NUS Business School (fifth from right), together with representatives from the Vietnamese media

A 2026 study commissioned by Amazon Web Services (AWS) found that 26 per cent of Vietnamese businesses have adopted AI, up from 18 per cent a year earlier. However, 61 per cent of adopters remain at the experimentation stage, while 87 per cent of surveyed employers consider reskilling existing employees important to their AI strategies.

Vietnam has also prioritised workforce development through its national AI human resources development programme, approved in August 2026. The programme includes plans to equip around 10 million workers with basic AI skills by 2030, alongside developing specialised AI talent and strengthening AI education.

Dr Tan Hong Ming, Assistant Dean (Digital Operations) at the National University of Singapore (NUS) Business School, said workforce development needs to extend beyond technical proficiency.

“AI literacy is only the starting point. The bigger challenge is whether organisations know how to redesign work around AI. A company can train every employee to use AI tools and still see little improvement in productivity if its processes and management practices remain unchanged. This is why leadership capability matters just as much as technical skills,” said Dr Tan at a media engagement session in Hanoi.

From adopting AI to creating business value
As AI tools become more accessible, businesses face decisions about where the technology can be applied, how existing work processes may need to change and what employees need to learn.

Dr Tan believes that while AI can improve productivity by automating tasks, organisations must also consider how its growing use affects the way employees learn and develop expertise.

“Struggle is an important part of learning. We develop expertise and judgement by working through difficult problems, making mistakes and figuring things out for ourselves. AI can now take away much of that struggle by providing answers almost instantly. While this improves productivity, we need to be careful that we are not also removing the experiences that help people learn and grow. Organisations need to rethink how employees develop these capabilities in an AI-enabled workplace,” he said.

Beyond developing AI literacy, organisations need to consider how employees assess AI-generated information, how managers incorporate the technology into workflows and how senior leaders oversee its use in business decisions.

Rethinking how professionals learn
The growing use of AI also raises questions about how professionals acquire the experience and judgement needed to take on more complex responsibilities.

While AI can help generate information and recommendations, learning to make business decisions still requires opportunities to question assumptions, evaluate competing perspectives and work through problems without complete information.

NUS Business School is piloting an AI-enabled business simulation that allows MBA and Executive MBA students to practise these capabilities.

The simulation uses ScholAIstic, a generative AI platform developed by the NUS AI Centre for Educational Technologies (AICET). Dr Emir Hrnjic, Senior Lecturer in Finance at NUS Business School, has been working with AICET to adapt and refine the platform’s capabilities for management education, creating AI-simulated executives whom students interview before making business recommendations.

Professor Teo Chung Piaw, Dean of NUS Business School, said the growing capabilities of AI require business schools to examine not only what students learn, but also how they develop and apply their knowledge.

“The role of business education is changing as AI becomes part of how organisations operate and make decisions. We cannot simply introduce new technology into existing teaching methods and assume that learning will improve. Business schools need to examine what students should learn, how they acquire that knowledge and how their ability to apply it is assessed. Our approach is to use AI to create more opportunities for students to think critically, engage with different perspectives and exercise independent judgement,” said Prof Teo.

Beyond preparing graduates for the workplace, postgraduate programmes and Executive Education can provide opportunities for working professionals and senior executives to update their knowledge and develop the capabilities needed to manage technological and organisational change.

Building Vietnam’s golden workforce
Vietnam’s Vision 2045 places continued emphasis on productivity, innovation and the development of higher-value industries. As AI becomes more widely adopted, higher education and professional training can contribute by equipping graduates, managers and senior executives with the capabilities to apply technology effectively in business.

Dr Tan said the country’s demographic advantage provides a foundation for developing these capabilities throughout people’s careers.

“Vietnam’s demographic advantage gives it an important opportunity, but a young workforce alone does not guarantee economic success. The real opportunity is to develop a workforce that can continuously learn, adapt and create value alongside AI. If Vietnam can combine its human capital with the effective adoption of AI, it can turn its golden population into a golden workforce,” he said.
 

About NUS Business School

With 50,000 alumni and 60 global chapters, the National University of Singapore (NUS) Business School is known for providing management thought leadership from an Asian perspective, enabling its students and corporate partners to leverage global knowledge and Asian insights.

The school has consistently ranked first in Asia by independent publications and agencies, such as The Financial Times and Quacquarelli Symonds, in recognition of the quality of its programmes, faculty research and graduates.

The school is accredited by AACSB International (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System), endorsements that the school has met the highest standards for business education.

For more information about NUS Business School, please visit bschool.nus.edu.sg.

To discover our MBA, MSc or Executive Education courses, visit mscbiz.nus.edu.sg, mba.nus.edu.sg or executive-education.nus.edu.sg.

• The initiative has distributed over 5,000 kg of food to community and shelter dogs, equivalent to more than 10,000 meals

• Recent feeding drives at Karma Foundation and POSH Foundation saw Zigly Pet Care employees volunteer alongside shelter teams, reaching 450 shelter dogs

• The Foundation’s wider animal welfare efforts span vaccination, microchipping, adoption advocacy and community awareness

Zigly Foundation, the community outreach arm of Zigly Pet Care, is proud to announce that through its community feeding initiatives, it has distributed over 5,000 kg of food to community and shelter dogs since the inception of the programme, equivalent to more than 10,000 meals. This effort reflects the Foundation’s broader commitment to animal welfare, which extends beyond feeding to proactive healthcare, community awareness and adoption advocacy.

Zigly Foundation’s Community Feeding Initiative Crosses 5,000 Kg Mark, Reaching Dogs Across Shelters and Communities

As part of this ongoing effort, the Foundation recently conducted feeding drives at Karma Foundation and POSH Foundation, where Zigly Pet Care employees volunteered alongside shelter teams to feed 450 shelter dogs. The drives brought employees closer to the day-to-day work of animal welfare organisations and highlighted the role of sustained support and collaboration in caring for shelter animals. With further feeding drives planned in Noida and Gurugram, the Foundation aims to extend its support to more shelters and communities.

Speaking on the initiative, Ms. Yamini Kumar Jaipuria, Managing Trustee, Cosmo Foundation and Whole-time Director (Corporate Strategy, ESG and CSR), Cosmo First, said, “At Zigly Foundation, we believe that animal welfare requires consistent effort and collective responsibility. Access to food is a basic need, yet community and shelter dogs often depend on the support of individuals and organisations for their daily meals. Through these initiatives, we aim to support the everyday needs of community animals while encouraging collective responsibility towards building healthier and more compassionate communities for people and animals.”

Feeding is one part of Zigly Foundation’s wider work to improve the health and well-being of community animals. As part of the several activities, Zigly Foundation also handcrafted outfits for the Honourable Prime Minister’s Punganur cows and was recognised with a Letter of Appreciation from the Prime Minister. Further, in Shalimar Bagh, the Foundation worked with the Government of Delhi, the Municipal Corporation of Delhi (MCD) and the Department of Animal Husbandry to facilitate the vaccination and microchipping of over 3,500 community dogs. The programme received a Letter of Appreciation from the Chief Minister of Delhi. The Foundation has also supported RWA-led anti-rabies awareness and free vaccination drives in Defence Colony, encouraging residents to take an active role in preventive healthcare for community dogs.

Alongside these on-ground interventions, Zigly Foundation works to build awareness and mobilise community participation through several other initiatives. These include a nationwide canine blood donor directory with 212 registered donor dogs, six Wagathons held across Ahmedabad, Bengaluru, Delhi, Hyderabad, Chandigarh and Pune, and over 200 digital awareness campaigns covering themes such as summer water bowls, pet-safe Holi, winter care and senior pet adoption. Through its ‘Shop at Zigly, Vaccinate a Dog’ initiative, the Foundation also connects consumer participation with funding for community dog vaccinations.

Looking ahead, Zigly Foundation plans to expand its feeding drives to more shelters and locations, including Noida and Gurugram. By continuing to work with animal welfare organisations, mobilise volunteers and promote awareness around responsible animal care, the Foundation aims to strengthen its efforts towards a future where community animals receive greater care, protection and support.

About Zigly Pet Care

Zigly Pet Care is a leading omnichannel ecosystem for pet care, offering comprehensive veterinary care, grooming and spa services, pet fashion, pet food and more. With Pet Care Centres across Delhi, Gurgaon, Noida, Bengaluru, Hyderabad, Lucknow, Jaipur, Indore, Dehradun, Chandigarh, Panchkula, Amritsar, Ahmedabad, Ludhiana, Jalandhar, Mumbai and Pune, Zigly Pet Care continues to expand its physical presence across major cities in India. As a direct-to-consumer pet care brand, Zigly Pet Care is committed to delivering integrated solutions for pet parents.

Visit www.zigly.com or download the Zigly Pet Care app to discover its offerings. Zigly Pet Care is part of Cosmo First Ltd.

Morepen Laboratories Limited (NSE: MOREPENLAB; BSE: 500288) today announced its financial results for the quarter and half year ended September 30, 2026, reporting its second consecutive quarter of record revenue and earnings.

Morepen Labs Q2FY2026-27 Results Highlights

Company’s Sales Revenue increased by 81 per cent to Rs. 755 Cr., EBITDA by 273 per cent at Rs. 132 Cr. and Profit After Tax (PAT) by 117 per cent at Rs. 89 Cr. in second quarter ended September 30, 2026 (Q2FY27), driven by the scale-up of commercial CDMO supplies, an improving business mix and higher operating leverage. EBITDA margin expanded to 17.45 per cent during the quarter.

Q2 FY27 Highlights (YoY)

• Revenue: Rs. 755 Cr, up by 81 per cent

• EBITDA: Rs. 132 Cr, up by 273 per cent

• EBITDA Margin: 17.45 per cent, up 897 bps

• PAT: Rs. 89 Cr, up by 117 per cent

• CDMO Revenue: Rs. 253 Cr

• CDMO Contribution: 52 per cent of API + CDMO revenue

• Exports: Rs. 397 Cr, up by 131 per cent

• Medical Devices: Rs. 208 Cr, up by 65 per cent

For the first half ended September 30, 2026 (H1 FY27), revenue increased by 57 per cent to Rs. 1330 Cr, EBITDA increased by 243 per cent to Rs. 220 Cr, and PAT rose by 177 per cent to Rs. 145 Cr. Exports more than doubled to Rs. 654 Cr during the first half, representing approximately half of the Company’s sales revenue.

H1 FY27 Highlights (YoY)

• Revenue: Rs. 1330 Cr, up by 57 per cent

• EBITDA: Rs. 220 Cr, up by 243 per cent

• EBITDA Margin: 16.50 per cent

• PAT: Rs. 145 Cr, up by 177 per cent

• CDMO Revenue: Rs. 311 Cr

• Exports: Rs. 654 Cr, up by 122 per cent

• Medical Devices: Rs. 399 Cr, up by 39 per cent

• API + CDMO Capacity: 614 KL

Management Commentary

Commenting on the performance, Mr. Sushil Suri, Chairman and Managing Director, Morepen Laboratories Limited, said, “Q2 marks another important step in Morepen’s transformation. CDMO has moved into meaningful commercial scale, our API portfolio is becoming more global and higher-value, and Medical Devices continues to grow strongly. H1 FY27 EBITDA crossing Rs. 200 Cr gives us a significantly stronger base to invest in capacity, capability and future growth.”

Mr. Sanjay Suri, Managing Director, Morepen Laboratories Limited, added, “As we execute CDMO orders in line with customer programmes, the first phase of capacity expansion has been completed at 614 KL, ahead of schedule. Civil work has commenced for the next phase towards 800 KL, targeted for completion by Q2 FY28.”

“Alongside scale, we are building capability in high-potency APIs and new technologies, while engaging with global pharmaceutical customers across additional CDMO development and manufacturing opportunities.”

Earnings Transformation: A Higher Earnings Profile

Morepen’s earnings profile is changing structurally as CDMO scales up, the API mix moves towards newer and higher-value business, and the revenue base becomes increasingly global. This is translating into a higher EBITDA base, stronger margins and greater capacity to reinvest in growth.

The change is also becoming visible in capital productivity and working-capital efficiency:

• ROCE: 18.8 per cent TTM, compared with 9.4 per cent in FY26

• ROE: 13.6 per cent TTM, compared with 7.6 per cent in FY26

• Receivable Days: Reduced to 49 days from 66 days

• Debt-to-Equity: 0.23x, remaining modest while supporting higher working capital and capacity expansion

CDMO Scales Up

CDMO has moved from validation and initial commercial supplies into meaningful commercial scale. Execution of Morepen’s previously announced Rs. 825 Cr global CDMO mandate is now in regular commercial supply, materially changing the contribution of CDMO within the pharmaceutical business.

• Q2 CDMO Revenue: Rs. 253 Cr, compared with Rs. 58 Cr in Q1 FY27

• H1 CDMO Revenue: Rs. 311 Cr

• Q2 Contribution: 52 per cent of combined API + CDMO revenue

API: Established Leadership, Higher-Value Mix

API remains the scientific and manufacturing foundation of Morepen’s pharmaceutical business, supported by long-standing positions in key APIs and established global customer relationships.

The portfolio is progressively moving towards newer molecules, export markets and higher-value opportunities.

• Export Contribution: Approximately 76 per cent of traditional API revenue

• Newer Molecules: Increased from 14 per cent of API revenue in H1 FY26 to 25 per cent in H1 FY27

• Strategic Direction: Established API leadership combined with a progressively higher-value product mix

Medical Devices: Scalable Chronic-Care Franchise

Morepen has built a significant chronic-care franchise around blood glucose and blood-pressure monitoring, supported by a large installed base, recurring consumables, nationwide distribution and service, and increasing backward integration.

• Q2 Revenue: Rs. 208 Cr, up 65 per cent

• H1 Revenue: Rs. 399 Cr, up 39 per cent

• Installed Base: Approximately 20 Mn glucose meters

• Annual Strip Volumes: Approximately 500 Mn strips

Capacity and Capability

Morepen continues to expand manufacturing capacity in line with growing API and CDMO requirements, while simultaneously strengthening its development and regulatory capabilities. The next phase of expansion is being undertaken alongside customer programmes and increasing business visibility.

During the quarter, Morepen also submitted its first U.S. ANDA for Sitagliptin Tablets USP, strengthening its finished-dosage development and regulatory capabilities.

• API + CDMO Capacity: Increased from approximately 535 KL to 614 KL

• Next Phase: Expansion towards 800 KL

• Target Completion: Q2 FY28

• Regulatory Capability: First U.S. ANDA submitted during the quarter

About Morepen Laboratories Limited

Morepen Laboratories Limited is an Indian pharmaceutical and healthcare company with over four decades of experience across APIs, regulated manufacturing, CDMO and healthcare products. The Company serves customers across 90+ countries and is building a higher-value pharmaceutical platform around its established API franchise, growing CDMO business and long-standing global customer relationships.

Alongside pharmaceuticals, Morepen has built a significant Medical Devices chronic-care franchise focused on blood glucose and blood pressure monitoring, supported by a large installed base, recurring consumables, backward-integrated manufacturing and nationwide distribution and service.

Forward-Looking Statements

This release contains forward-looking statements based on current expectations, assumptions and estimates relating to the Company’s business strategy, growth plans, manufacturing expansion, CDMO opportunities, regulatory activities and market opportunities. Actual results may differ materially due to risks and uncertainties beyond the Company’s control.

• Global President & CEO, Michael Nelson inaugurates new store in Gurugram to mark the expansion of Amway India’s physical store footprint

• Company plans to add several more stores over the next 3-4 years across locations 

Accelerating its market presence and multi-year growth strategy in India, Amway India, one of the leading companies supporting health and wellbeing, today announced the expansion of its physical presence across key markets in the country. Marking this next phase of expansion, Amway’s President & CEO, Michael Nelson, today inaugurated Amway’s new store in Gurugram during his official visit to the city. The expansion builds on the INR 100 crore investment announced by Michael last year towards multiple initiatives including the expansion of the company’s physical presence. As part of this, Amway India aims to bring its portfolio and brand experiences closer to consumers while creating a dedicated platform for its distributors to engage with customers and build local communities.
 

L-R – Michael Nelson, President & CEO, Amway, Luke Nieuwenhuis, CSO & Regional President, SEA/India, Amway and Rajneesh Chopra, Managing Director, Amway India

Speaking on the occasion, Michael Nelson, President and CEO, Amway, said, “India is at the heart of Amway’s global growth journey, and what makes the opportunity particularly exciting is the rapid evolution of the Indian consumer.  Consumers today are increasingly seeking trusted, science-backed health and wellbeing solutions, more personalized experiences, and greater convenience in how they engage with brands. Our vision has been to create modern, experiential spaces that help our distributors better serve those evolving needs. These centers bring together product discovery, meaningful conversations, and community, enabling distributors to build deeper customer relationships and deliver greater value. The inauguration of the Experience Center in Gurugram marks an important milestone in Amway’s growth journey in India, reflecting the company’s long-term confidence in the market and commitment to providing distributors with the platforms, tools, and experiences needed to build and grow their businesses. As demand for health and wellbeing solutions continues to rise, Amway remains dedicated to supporting entrepreneurship, enhancing the consumer experience, and helping more people live better lives.”
 

Rajneesh Chopra, Managing Director, Amway India, said, “Physical presence is an important part of how we are enhancing our consumer and distributor experience in India. These are not conventional stores; they are engagement hubs designed to give consumers a more direct way to experience Amway while giving our distributors a stronger platform to engage with their customers and build communities. Over the last year, we have strengthened our physical presence across locations, through a combination of new stores and the upgradation of existing stores into these engagement hubs, and we plan to further expand our footprint across the country over the coming years. This is also an important part of our long-term commitment to India and our contribution to the vision of Viksit Bharat, supporting healthier communities, enabling economic empowerment, and enabling greater access to world-class products.”

Building on its current nationwide footprint of over 85 stores, Amway India has strengthened its retail transformation journey over recent months. The company has already opened and revamped over 14 stores across key markets including Pune, Kolkata, Siliguri, Imphal, Bhagalpur, Anand, Ahmedabad, Bongaigaon, Agra, and Nanded among others underscoring a balanced expansion across metros, tier-2, and tier-3 markets. Looking ahead, the company has outlined a clear roadmap to open or revamp several more stores over the next 3-4 years.

As Amway India approaches three decades of operations in the country, the company’s continued efforts and initiatives are underpinned by its commitment to strengthening the direct selling ecosystem. The company operates in accordance with applicable laws and regulatory requirements and continues to strengthen its governance, compliance and business practices across its operations. Its physical engagement centres are an important part of this commitment, providing a transparent environment for product discovery, consumer education and engagement between consumers and distributors. With nearly 30 years of experience in India, Amway remains focused on building the next 30 years and beyond through greater consumer trust, responsible entrepreneurship, innovation and long-term value creation. 

About Amway India
Amway India, one of the leading FMCG Direct Selling companies supporting health and wellbeing, is an ultimate wholly owned subsidiary of Amway Corporation (Alticor Global Holdings Inc), USA, the world’s #1 direct-selling company. Globally, Amway is a 65+ years old, USD 7.3 billion, manufacturer and direct seller of quality consumer goods. Amway’s innovation and industry-leading R&D have seen more than 750 global patents granted and a few more patents pending. Amway has more than 800 scientists, engineers, and technical professionals who extend its innovation and science capabilities to deliver global, regional, and local product research and development.

Amway India sells close to 140 daily-use products across categories like Nutrition, Beauty, Personal Care, Home Care and Consumer durables through Amway Direct Selling Partners who make personal recommendations regarding the use of distinctive quality products. Amway products are widely recognized and appreciated for their quality and value. These products are backed by a money-back guarantee for 100% satisfaction of use.

Amway’s first manufacturing facility in India, located at Nilakotai in the Dindigul district of Tamil Nadu, has won the prestigious LEED Gold Certification from the U.S. Green Building Council as one of the most environment-friendly and sustainable facilities in the country.

Amway products are popular not just in India but across the world. Nutrilite, the world’s No. 1 selling vitamins and dietary supplement brand¹, has established itself as a leading brand in the vitamins and dietary supplements category in India as well. The company also offers a range of beauty & skincare products under Artistry Skin Nutrition™, which is a blend of Artistry skin science and Nutrilite expertise, infused with Nutrilite ingredients that are clean and traceable.

¹ gdretail.net/amway-claims/#claim1 

Truecaller today announced the launch of Truecaller Lite in India, a new app that brings the protection people rely on most, knowing who is calling before they pick up and blocking unwanted calls, to Android phones with limited storage and memory. At about 10 MB, Truecaller Lite installs in moments, opens quickly and runs smoothly on phones with up to 4 GB of RAM.

Truecaller Lite is built for Android phones with limited storage and memory but is powered by the same scam intelligence that identified over 68 billion spam and fraud calls in 2025

The launch comes as India heads into its busiest shopping season, when scam calls spike: fake delivery calls, too-good-to-be-true offer calls and KYC fraud. For millions of people, the phone they use for payments, deliveries and staying in touch with family is also one that is short on space, with little room left once festive photos, videos and forwards pile up. Many of them have asked for a lighter Truecaller, and Truecaller Lite is designed so that protection no longer competes for that space.

Truecaller Lite is not a cut-down version of the main app. It is a separate, native Android app built from the ground up for phones with less memory and processing power. It draws on the same Truecaller database and detection systems and follows the same privacy standards. This means that the protection against spam and fraud calls offered by Truecaller Lite is the same as the main app.

With Truecaller Lite, people can:

• Know who is calling with caller ID, before they answer.

• Block spam and fraud calls powered by signals from Truecaller’s global community.

• Use it as their dialer, with call history, contacts and number search in one place.

• See who they just spoke to on the after-call screen, for both incoming and outgoing calls.

Truecaller Lite stays light by focusing on the essentials. It takes up little storage, uses less memory and data, and stays responsive even when a phone is running low on space. Features such as messaging, voicemail, Family Protection and AI assistant are not part of Truecaller Lite, which keeps the app small and fast.

“Scammers don’t check what phone you have before they call, and protection should not depend on it either,” said Rishit Jhunjhunwala, CEO, Truecaller. “I have seen many people with older or basic Android phones struggling with heavy apps. Plus, so many people in India told us they wanted Truecaller but they either did not have the storage space for it or that didn’t work smoothly. Truecaller Lite is built for exactly those phones: it’s the same protection from spam and fraud, in an app small enough to fit and fast enough to stay out of the way.”

Availability
Truecaller Lite is available to download for free from the Google Play Store in India, on Android phones with up to 4 GB of RAM. The app is rolling out in phases and will reach eligible devices over the coming weeks. Truecaller Lite is available on Android only.

About Truecaller
Truecaller is an essential part of everyday communication for over 500 million active users worldwide, with more than a billion downloads since launch and 68 billion spam and fraud calls identified in 2025 alone. The company is headquartered in Stockholm and has been publicly listed on Nasdaq Stockholm since October 2021. For more information, visit www.truecaller.com.

PB Money, an investment platform with a strategic partnership with Paisabazaar, has received a SEBI license as an Online Bond Platform Provider (OBPP), marking a significant step to expand access to bonds and strengthen the investment experience for retail investors.

The license enables PB Money to manage the end-to-end customer journey for bond investments, from investor onboarding and KYC, to bond discovery and evaluation, order placement, payment coordination and post-investment servicing. Through a partnership with Paisabazaar, large and varied consumer segments can discover the offering through Paisabazaar’s platform and proceed to PB Money to complete their investment journey seamlessly.

Bonds remain an underexplored investment avenue for many retail investors, despite their potential to provide regular interest income and support portfolio diversification. With complete ownership of the investment journey, PB Money aims to simplify how consumers discover, evaluate and invest in bonds, while making the asset class easier to understand and access through a digital experience.

Santosh Agarwal, Director, PB Money & CEO, Paisabazaar

Santosh Agarwal, Director, PB Money & CEO, Paisabazaar, said, “Our vision is to address the evolving financial needs of consumers across their financial lives, and investments are an important part of that journey. Bonds represent an important yet relatively underexplored fixed-income investment avenue for retail investors in India. The OBPP license for PB Money is an important step in enabling a seamless experience across the bond investment journey, while making it easier for consumers to discover and evaluate bonds as part of their broader investment choices. We see significant potential to make a wider range of investment products more accessible to consumers as their financial needs evolve.”

Through PB Money, investors can explore bonds using parameters such as yield, credit rating and investment amount, helping them compare available opportunities and make informed investment decisions. The platform will focus on simplifying the bond investment experience and enabling consumers to access a wider range of fixed-income investment options.

For more details, visit: pbmoney.com

About Paisabazaar

Paisabazaar, a part of PB Fintech (listed since 2021), is India’s leading marketplace for financial products and a free credit score platform. Over the last 12+ years, Paisabazaar has earned the trust and goodwill of over 58 million consumers from 850 cities and towns across India. Paisabazaar has built wide and deep partnerships across the ecosystem, to offer a broad range of financial products, ranging from loans and cards to investments and savings along with bill payments and mobile recharge. The platform also enables consumers to check their free credit score from all 4 CICs (Credit Bureaus) in India. Paisabazaar is an ISO (27001:2013) and PCI DSS certified organisation, with industry-best controls, to safeguard the best interest of consumers.

About PB Money

PB Money is an investment platform with a strategic partnership with Paisabazaar, focused on expanding access to bond investments for retail investors. The platform enables investors to discover and compare bonds based on parameters such as yield, credit rating and investment amount, helping them make informed investment decisions.

PB Marketing and Consulting Private Limited, a wholly owned subsidiary of PB Fintech Limited, operates PB Money and is a SEBI-registered Online Bond Platform Provider (OBPP) and stockbroker in the debt segment of the National Stock Exchange of India (NSE), enabling investors to access bond offerings and trade in secondary-market bonds and debentures through the exchange. SEBI Registration No.: INZ000333532; NSE Member Code: 90494.

For more details, visit www.pbmoney.com.

The Dr Kasturirangan Trust was launched at an inaugural event in Bengaluru on October 25 to carry forward the legacy of Dr. Krishnaswamy Kasturirangan, whose contributions over six decades helped shape India’s progress in space, science and technology, and education.

The Trust aims to support research, encourage new ideas and find practical solutions to the problems society faces. Its work will focus on four areas: space and technology, education, sustainability, and public policy.
 

L-R: Anurag Behar, Dr. Sanjay Rangan, Dr Mukund Kasursrinivas Rao, Trustees of the Dr Kasturirangan Trust​
 

The Trust will support researchers through fellowships, scholarships and grants. It will also organise conferences, support book-writing and scientific curation, and work with institutions in India and abroad to promote research and improve public policy.

In the long term, the Trust aims to build an institution dedicated to future-oriented thought, research and problem-solving for India.

Dr. Sanjay Rangan, Trustee of the Dr Kasturirangan Trust, said, “Dr. Kasturirangan believed in the power of knowledge and research to address the challenges facing our country. Through this Trust, we hope to carry forward his vision by bringing people and institutions together to find solutions that benefit society and support future leaders.”

The Trust is guided by Dr. Kasturirangan’s values of responsible research, compassion, excellence and respect for nature. It is a non-profit, non-political public charitable trust, governed by a Board of Trustees, an Advisory Board and an Executive Council.

First initiative: Dr Kasturirangan 2027 Fellowship

The Trust’s first initiative, the Dr Kasturirangan 2027 Fellowship, will support six PhD and post-doctoral researchers whose work spans more than one of the Trust’s four focus areas and has real-world application. Each fellow will receive a one-time award of Rs. 4 lakh towards research costs, along with mentorship, two workshops a year to present their work, and a place in a growing peer community.

The fellowship is open to candidates who submitted their PhD thesis between January 1, 2025 and December 31, 2026. In its first year, candidates must be nominated, either by a group of eminent individuals who knew Dr. Kasturirangan or by leading universities; an open call for applications is planned for later years. Nominations open on October 27, 2026 and close on December 31, 2026, and the first cohort of fellows will be announced on April 25, 2027.

About Dr. K. Kasturirangan
Dr. K. Kasturirangan (1940–2025) was a space scientist who led India’s space programme as Chairman of the Indian Space Research Organisation (ISRO) from 1994 to 2003, and went on to shape national science and education policy as a Member of Parliament (Rajya Sabha), a Member of the Planning Commission and Chairman of the committee that drafted the National Education Policy 2020. He was awarded the Padma Vibhushan in 2000.

For more information

Dr Kasturirangan Trust

Email id – info@drkasturirangantrust.org

Website – drkasturirangantrust.org