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    APEX FROZEN FOODS LTD Q1 RESULTS

    FDA suspends licenses of five restaurants at Mumbai Cricket Association over hygiene issues

    Maharashtra Food and Drug Administration suspended five restaurant licenses due to hygiene concerns. The FDA also urged consumers to avoid unsealed edible oil, citing safety issues. This action follows the Chief Minister's directive to frame standard operating procedures. These procedures aim to prevent edible oil adulteration while protecting traditional businesses. The government seeks a balanced approach between strict enforcement and vendor livelihoods.

    Infosys Q1 bonus payout averages 70%, down 10 percentage points from a year ago

    During the April-June quarter, Infosys maintained an average performance bonus of 70%, consistent with the previous quarter but lower than the previous year. Notably, employees in job levels four and five received marginally higher bonuses. The broader technology sector is currently grappling with reduced spending and economic uncertainty, creating apprehension among employees who are now seeking clarification on annual salary hikes.

    Rs 7.3 trillion InvIT market sees investor base surge 17% as Q1 payouts rise 15% YoY

    India’s InvIT sector saw investor participation surge 17% sequentially to 6.53 lakh unitholders in Q1 FY27. Distributions rose 15% to ₹5,923 crore, while AUM increased 13.7% year-on-year to ₹7.3 lakh crore, reflecting stronger investor confidence and consistent cash flows.

    Two dog food manufacturers recall products within days over metal and salmonella contamination risks: Everything pet owners need to know

    Two dog food companies issued recalls in August 2026 for contamination concerns. Fromm Family Foods recalled canned dog food over potential metal fragments. Oma's Pride recalled raw dog food due to Salmonella contamination risks. Three dog illnesses were reported in connection with the Oma's Pride recall. Both companies are coordinating voluntary recalls with the US Food and Drug Administration.

    Flies, cockroaches, fake cheese: Maharashtra FDA suspends licences of 7 Mumbai food establishments over hygiene lapses

    Maharashtra FDA suspended seven food establishments for severe hygiene lapses and product adulteration. Inspections revealed live flies, cockroaches, and fake cheese being used by some businesses. The FDA also seized large quantities of adulterated dairy products and prohibited gutkha statewide. These actions followed intensive statewide inspection drives conducted on August 19-20, 2026. Suspended businesses cannot operate until all violations are fully rectified and cleared.

    Tata Steel, Adani Ports among top 10 stocks downgraded by Motilal Oswal after Q1 results
    The Economic Times
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