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Biocon Share Price: Biocon shares surged 5.4% after FDA classified its Bengaluru facility as Voluntary Action Indicated (VAI). The stock is up 47.7% YoY, supported by strong technical indicators.
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State Bank of India (SBI) Chairman, CS Setty, expressed optimism about achieving a Rs 1 trillion operating profit this year, driven by robust credit growth across sectors like petrochemicals, roads, and renewable energy. The bank aims for a 15% growth in its domestic loan book, reaching Rs 39 lakh crore.
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Intel is bringing back free coffee and tea for employees. The company had cut several perks, including free beverages, to reduce costs. Intel also laid off thousands of employees and reduced reimbursements. The chipmaker hopes the return of free coffee and tea will improve employee morale.
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