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February 10, 2026
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fischer opens a national subsidiary in Saudi Arabia to support major construction projects and local production.
fischer has opened a national subsidiary in Saudi Arabia, headquartered in Riyadh with offices in Jeddah, Dammam and Tabuk and a production site in Dammam, strengthening its regional presence alongside Dubai and Qatar to supply fastening, fac ade and fire-protection solutions for major construction projects including Jeddah Tower, the Red Sea Project, the Solitaire Mall and Riyadh International Airport.
February 10, 2026
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GFTN and Startup Policy Forum announce collaboration to accelerate fintech innovation and cross-border startup growth.
A memorandum of understanding between GFTN and SPF establishes a strategic collaboration to accelerate fintech and digital innovation via coordinated policy engagement, ecosystem development, and programmes supporting cross border growth of Indian startups. The partnership will enable structured regulator industry dialogue, strengthen global-India innovation corridors, and facilitate knowledge exchange on digital finance infrastructure, responsible AI, digital assets, cross border payments, and regulatory innovation to support international expansion and capacity building.
February 10, 2026
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Forbes Global Properties launches Mission 2030 to set standards for branded luxury real estate, focusing on quality, governance and investor links.
Mission 2030 is a standards-led strategic vision to develop branded residences, commercial assets, and institutional advisory in India, prioritising selective partner criteria, asset excellence, transparency, governance, sustainability, and long-term value creation as prerequisites for endorsement and market linkage to global capital.
February 10, 2026
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Tina Ambani to be re-summoned for questioning under PMLA over alleged money trail linked to Manhattan condominium.
Enforcement agency to reissue summons to Tina Ambani to record her statement under the Prevention of Money Laundering Act concerning an alleged money trail linked to a Manhattan condominium; the probe alleges sale proceeds were remitted via a sham investment arrangement during a corporate insolvency resolution process and has produced arrests, ECIRs, a special investigation team, and asset attachments.
February 10, 2026
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Russian oil exports face sanctions, shipping bans and tariffs, sharply reducing revenues and prompting higher taxes and borrowing.
Sanctions on major oil producers, bans on refined products and shipping restrictions, plus interdictions of shadow tankers, have cut export receipts by widening discounts on Russian crude and disrupting payment and logistics channels; in turn, the government has raised taxes and increased borrowing to offset lost oil-related tax revenues.
February 10, 2026
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Kanpur Lamborghini crash: police cite CCTV and witnesses placing owner's son at wheel, despite lawyer's denial.
Investigation focuses on competing claims about who drove the Lamborghini: defence counsel says the designated driver was at the wheel, while police rely on CCTV footage, eyewitness accounts and other evidence to identify the accused-the owner's son-as driver. The FIR was amended from an unidentified driver to name the son, the vehicle has been seized for forensic examination, and police have attempted notice service and taken administrative steps pending further evidentiary development.
February 10, 2026
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Shatak Dhwaj Yatra begins at Lal Chowk with Bhagwa flag waved, marking RSS centenary and nationwide march.
The Shatak Dhwaj Yatra began at Srinagar's Lal Chowk with the Bhagwa flag waved there for the first time since Independence, launching a nationwide procession marking the Rashtriya Swayamsevak Sangh's 100-year centenary; the first leg ended in Ludhiana with a 100-biker rally, cultural celebrations and a felicitation ceremony, and the events are linked to the promotional release of the commemorative film Shatak: Sangh's 100 Years.
February 10, 2026
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US-India interim agreement talks and US tariff reduction on Bangladesh to 19% highlighted alongside regional election and conflict coverage.
US and India are cooperating to finalise an Interim Agreement toward a broader bilateral trade arrangement, while the United States has reduced applied tariffs on Bangladesh to 19 per cent; the release also notes related electoral developments in Nepal, Bangladesh, and Japan and ongoing coverage of Pakistan and the Russia-Ukraine conflict.
February 10, 2026
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Markets extend third day rally as Asian peers and foreign inflows lift benchmarks amid trade optimism.
Equity benchmarks extended a three day rally as positive Asian peers and sustained foreign institutional inflows supported gains; optimism over an interim trade framework with the United States and strength in US markets boosted investor sentiment while markets awaited US employment and CPI data to guide Fed policy. Foreign institutional investors bought equities worth Rs 2,254.64 crore and Brent crude eased slightly, with several large caps among the session's gainers and select financials and consumer names lagging.
February 10, 2026
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US-India trade framework requires India to cut tariffs, boost US purchases, and negotiate digital trade and supply chain rules.
The United States and India will implement a framework toward an Interim Agreement aiming to conclude a Bilateral Trade Agreement; India will eliminate or reduce tariffs on US industrial and specified agricultural goods and commit to significant purchases of US products, while the US will adjust reciprocal tariffs. The parties will continue negotiations on remaining tariffs and non-tariff barriers, rules of origin, services and investment, intellectual property, government procurement, digital trade rules including removal of digital services taxes, and measures to strengthen economic security and supply chain resilience.
February 10, 2026
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Rupee weakens to 90.77 as markets stay cautious after the India-US interim trade framework; RBI intervention expected.
The rupee fell to 90.77 against the US dollar as markets reacted cautiously to the India-US interim trade framework; concerns about continued US oversight of energy imports and possible penalties diminished initial optimism. Technical support around 90.00-90.20 is viewed as key, with RBI intervention via dollar purchases expected to anchor the currency, while FII inflows have improved sentiment but their durability is uncertain.
February 10, 2026
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Tina Ambani to be re summoned for questioning in a money laundering probe linked to a Manhattan condo purchase.
Enforcement Directorate to issue fresh summons for questioning in an alleged money laundering probe linked to a Manhattan condominium purchase; a prior request to depose went unmet and a former corporate executive has been attested as part of the inquiry. These actions occur within a broader investigatory framework in which a Special Investigation Team is probing alleged bank fraud and related financial irregularities concerning a corporate group on the directions of the Supreme Court.
February 10, 2026
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US tariffs on Bangladesh trimmed to 19% with zero reciprocal tariff for certain apparel made with US inputs.
The United States and Bangladesh agreed to reduce reciprocal tariffs to 19 per cent and to establish a mechanism granting zero reciprocal tariff treatment for certain textile and apparel goods made in Bangladesh using US produced cotton and man made fibre, alongside commitments on imports, e commerce tariff restraint, intellectual property standards, and support for WTO reform.
February 10, 2026
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Lok Sabha floor disorder: BJP women MPs urge strongest disciplinary action against opposition MPs over chamber disruptions.
BJP women MPs urged the Speaker to initiate disciplinary action under House rules against opposition members for entering the well, climbing on tables, tearing and throwing papers, carrying banners, moving into treasury benches, and laying siege to the Prime Minister's seat, asserting these acts breached parliamentary decorum and requesting the strongest possible sanctions; the letter notes ruling party restraint and situates the events amid earlier disruptions and subsequent procedural consequences, including passage of the Motion of Thanks without the Prime Minister's speech and suspensions of members.
February 10, 2026
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Shivakumar orders a special investigation into alleged irrigation department looting while pursuing consultations on the Mekedatu reservoir.
The Deputy Chief Minister ordered a Special Investigation Team in the Revenue Department to probe an alleged nexus looting the Irrigation Department and will pursue administrative and political consultations-meeting party leaders, the Union Water Resource Minister, legal counsels, and seeking the Chief Minister's approval-regarding pre-budget matters and the proposed Mekedatu balancing reservoir on the Cauvery.
February 10, 2026
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Homeland Security funding is being negotiated with Democrats demanding strict new ICE restrictions, including warrant, ID and use-of-force reforms.
Democrats are conditioning DHS funding on enactment of strict limits on immigration enforcement: a judicial warrant requirement for entry onto private property, officer identification including removal of masks, verification of noncitizen status before detention, prohibitions on racial profiling, legal safeguards at detention centers, stricter use-of-force standards, and limits on tracking protesters with body-worn devices; negotiations with the White House and Republicans continue amid an imminent short-term funding deadline.
February 10, 2026
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Israeli strikes in Gaza amid a months-long ceasefire and UN concern over expanded West Bank control.
Israeli strikes in Gaza during a months-old ceasefire killed civilians amid contested tactical exchanges; Israel describes the strikes as precise responses to fire it says violated the truce. A UN official warned that Israeli measures to deepen control over the West Bank could be unlawful and destabilising for the Occupied Palestinian Territory, linking settlement-facilitating policies to erosion of Palestinian Authority powers. Rafah crossing operations show limited humanitarian movements and unresolved authorisation and coordination issues.
February 10, 2026
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AIMIM says chief ministers seek its support and alleges GST rationalisation cost Telangana Rs 7,000 crore.
AIMIM claims chief ministers seek the party's support to secure electoral and developmental gains, citing influence in the Jubilee Hills by-election. The party alleges GST rationalisation caused a Rs 7,000 crore loss to Telangana and faults the state government for not implementing promised minority-welfare funding and subsidised loans, while accusing the BJP of communalising politics and diverting attention from core issues like employment, farmers' welfare and housing.
February 10, 2026
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Uttar Pradesh budget increases to Rs 8.33 lakh crore with record health allocation improving institutional deliveries and medical infrastructure.
Uttar Pradesh's budget rose to Rs 8.33 lakh crore in 2025-26 with capital expenditure up materially; the Economic Survey describes a balanced fiscal position with a reduced public debt to GSDP ratio. The Survey records a record health allocation of Rs 46,728.48 crore (6.1% of the budget), reporting reduced out of pocket expenditure, stronger medical infrastructure, expanded medical colleges and higher institutional delivery and immunisation coverage.
February 10, 2026
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Maharashtra receives large tax devolution and budgeted capital expenditure to accelerate transport, rail and logistics infrastructure.
Union Budget allocates Rs 89,855.80 crore as tax devolution for Maharashtra for 2026-27 and elevates capital expenditure to accelerate transport, rail and urban transit projects, including Nagpur metro expansions and 41 rail projects, while proposing an Infrastructure Risk Guarantee Fund to bolster BOT and PPP models and reduce logistics costs.

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Fermenta 9MFY26 Consolidated Revenues up 25% YoY; Net profit up 20% YoY

February 10, 2026

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On the back of strong growth in Vitamin D3 - Human Nutrition: • Consolidated Revenue for 9MFY26 INR 421.2 crore, up by INR 83.6 crore YoY • Consolidated EBITDA for 9MFY26 INR 97.2 crore, up 20% YoY • Q3FY26 Consolidated Revenues INR 140.5 crore, down 11% YoY; up 4% QoQ MUMBAI, India, Feb. 10, 2026 /PRNewswire/ -- Fermenta Biotech Limited (BSE: 506414) (Bloomberg: FERMENTA.IN) (Reuters: FERM.BO), India's leading manufacturer of premium-grade APIs, intermediates, and mixes of vitamins and minerals for the global markets, today announced that its consolidated revenue (other than from real estate) for the nine months ended 31 December 2025 was INR 413.6 crore, up 41% from the same year-ago period; EBITDA for the nine months ended 31 December 2025 was INR 95.1 crore, up 86% from the same year-ago period on the back of strong growth in Vitamin D3 - Human Nutrition. Fermenta Biotech Limited Logo Key financials (consolidated) without real estate Q3FY26 9MFY26 Revenue INR 138.4 crore (up 15% YoY, up 3% QoQ) INR 413.6 crore (up 41% YoY) EBITDA INR 27.9 crore (up 13% YoY, down 12% QoQ) INR 95.1 crore (up 86% YoY) Key financials (consolidated) with real estate Q3FY26 9MFY26 Revenue INR 140.5 crore (down 11% YoY, up 4% QoQ) INR 421.2 crore (up 25% YoY) EBITDA INR 28.1 crore (down 49% YoY, down 12% QoQ) INR 97.2 crore (up 20% YoY) Profit after tax INR 12.0 crore (down 68% YoY, down 33% QoQ) INR 51.7 crore (up 20% YoY) EPS (diluted) INR 4.87 INR 18.47 Revenue mix (consolidated) 9MFY26 (INR crore) 9MFY25 (INR crore) YoY change (%) Nutrition Business Vitamin D3 – Human Nutrition 230.8 152.8 +51 % Vitamin D3 – Animal Nutrition 85.5 58.7 +46 % Others 24.1 31.1 -23 % Other Business Other APIs and Intermediates 29.5 25.6 +15 % Green Chemistry Solutions / Enzymes 9.0 5.5 +64 % Environmental Solutions 18.4 13.6 +35 % Other Income 22.3 14.2 +57 % Value Unlocking Real Estate 1.6 36.0 -95 % Performance highlights • Human nutrition segment volumes grew 46% over 9MFY25 • Animal nutrition segment volumes grew 52% over 9MFY25 and average realization down by 8% over 9MFY25 • Green chemistry sales in 9M FY26 surpassed those in full-year FY25, with 9M FY26 sales at INR 9 crore compared with INR 7 crore in FY25 • Other Income includes non-recurring insurance claim received amounting to INR 2.7 crore in Q1FY26 and 9MFY26 • Our German toll manufacturing subsidiary's 9MFY26 revenue was INR 65.4 crore, up 147% YoY from the same period a year ago, with EBITDA at INR 11.2 crore, up 28% YoY. Our US trading business subsidiary's 9MFY26 revenue was INR 37.5 crore, up 4% from a year ago, with EBITDA at INR 1.1 crore loss against INR 1.6 crore profit in the same period a year ago. • Continued utilisation of slow moving semi-finished inventory used in animal feed production resulted in further reversal of INR 2.0 crore in the current quarter. • The Board of Directors of the Company at its meeting held on 19 September 2025 approved transfer of the 'Environment Division' as a going concern on a slump sale basis, effective 01 October 2025, to its wholly owned subsidiary, Fermenta Environment Solutions Private Limited, for a sales consideration of INR 19 crore. • On 21 November 2025, the Government of India notified four new Labour Codes, which have resulted in a one-time, exceptional expense of INR 2.19 crore towards employee benefits. • On 10 December 2025, the Board approved INR 110 crore capex at Dahej for plant-based Vitamin D3 (with Indian patent protection), green chemistry enzymes (CAL-B Lipase and Penicillin G Acylase), and Vitamin D3 derivatives, reinforcing Fermenta's leadership in sustainable biocatalysis and Vitamin D3 innovation. Commenting on the results, Prashant Nagre, Managing Director, said: "The turnaround of FY25 was further confirmed in 9MFY26. While growth of revenue, excluding that from real estate unlocking, was 57% in FY25 over FY24, in 9MFY26 revenue was already 96.9% of that achieved in full FY25. Our 9MFY26 EBITDA (excluding real estate) demonstrates robust operational leverage—in just nine months of FY26, we have already surpassed our full-year FY25 EBITDA by 14.1%. While human nutrition volumes grew by 43% in FY25 over FY24, we have further seen the volumes grow by 46% in 9MFY26 over 9MFY25. Our sustained volume momentum, combined with improving margins, positions Fermenta well for continued value creation We remain focused on scaling our core human nutrition business while exploring strategic opportunities Our INR 110 crore capex at Dahej will establish commercial-scale production of plant-based Vitamin D3—for which we hold Indian patent protection—alongside expanded enzyme capacity and new Vitamin D3 derivatives. This strengthens our position as one of the world's leading fully integrated Vitamin D3 manufacturers while positioning us at the forefront of sustainable biocatalysis." Geographical Revenue Mix (consolidated) excluding real estate value unlocking 9MFY26 9MFY25 Change (%) India 39 % 41 % -2 % Europe 32 % 25 % +7 % North America 13 % 18 % -5 % Others 16 % 16 % 0 % About Fermenta Biotech Limited Fermenta Biotech Limited (www.fermentabiotech.com) delivers best-in-class, science-validated nutritional ingredients across pharmaceuticals, dietary supplements, food & beverage, veterinary, and animal nutrition industries. Our state-of-the-art manufacturing facilities located at Kullu (Himachal Pradesh), Dahej (Gujarat), and Tirupati (Andhra Pradesh), supported by the R&D Excellence Centre at Thane (near Mumbai) drive Fermenta's comprehensive portfolio of premium vitamins, nutritional premixes and ingredients that exceed the unique needs and stringent regulatory standards of over 400 discerning customers in more than 60 countries. With decades of expertise at global-scale complex manufacturing, Fermenta also provide research-based custom solutions in green chemistry, APIs & intermediates, and environmental solutions. Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this release. Such information and opinions are in all events not current after the date of this release. Certain statements made in this release may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of Fermenta Biotech Limited ("Company" or "FBL" or Fermenta), which are expressed in good faith and in their opinion reasonable, including those relating to the Company's general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company's business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this release are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments. This release is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This release does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. This release is confidential and may not be copied or disseminated, in whole or in part, and in any manner. Contact Varadvinayak Khambete| [email protected] Logo: https://mma.prnewswire.com/media/2740927/5437566/Fermenta_Biotech_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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