NATCO Pharma shares tumbled 10% on Friday, extending a two-day slump to 28% after weak Q3 results and a target price cut by Nuvama. Profit fell 37.75% YoY, impacted by lower formulations exports and Agrochem weakness. Despite a strong U.S. pipeline and cash reserves, analysts remain cautious on near-term growth.
Voluntary pension scheme for all on cards: Won’t be tied to employment, will be open for all
India is exploring a Universal Pension Scheme that is voluntary and contributory, aimed at offering social security to all individuals. The scheme will incorporate existing