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Zetwerk IPO: Kae Capital, Accel, Peak XV and Lightspeed set to realise 1,215 crore
At the issue price of 151 per share, the investors are monetising stakes accumulated at significantly lower prices
Entrepreneur and investor Arjun Vaidya recalled Akash Ambanis 2013 decision to return to India. He said the companys affordable internet transformed the startup ecosystem. Jio Platforms record 30,213-crore IPO drew strong investor demand.
Actor Sonu Soods Mumbai residence, named Gangotri, features landscaped outdoor spaces, pastel-toned interiors, Italian travertine flooring, a marble Ganesh idol and a dedicated room for his sneaker collection.
Cofounder and CEO Sumit Gupta separately denied a fresh wallet breach. He said hackers appeared to be reusing the compromised addresses.
German drone maker Quantum Systems claims 483-mph speed for battery-powered experimental aircraft
However, the achievement has not yet been officially confirmed, as the aircraft must complete a return flight to account for the effects of wind
How brands are experimenting with micro-drama series to cut the clutter
Brands focusing on episodic storytelling as they look to move from the scroll-stopping content to story-stopping content
India's Kotak Bank Q2 profit rises 29%, beats estimates
The countrys third-largest private lender by market capitalisation posted a stand-alone net profit of 42.11 billion Indian rupees ($443.5 million) for the three months ended September, up from 32.53 billion rupees for the same period last year.
Kotak Bank sees margins stabilizing as FCNR drag offsets repo gains
Kotak Mahindra Bank expects net interest margins to stay near Q2 levels as high-cost FCNR(B) deposits offset gains from repo-linked loan repricing and the deployment of surplus funds.
Luana Lopes Lara, the 30-year-old co-founder of prediction market platform Kalshi, has an estimated net worth of $2.6 billion. Yet, the former professional ballet trainee says building her company remains a priority as Kalshi expands amid a sharp rise in its valuation and legal challenges in the US.
Castrol India Q3 profit falls 22.6% as raw-material costs surge 71%
Profit drops despite revenue growing 27.3%; results come ahead of global ownership change that would give Stonepeak indirect control of the listed Indian lubricant maker
IDBI Bank sale: Employees service conditions to remain unchanged, says DIPAM Secretary
Staff, pensioners have nothing to fear from 52,878 crore deal with Fairfax, says DIPAM Secretary Arunish Chawla
Farah Khan recently visit PV Sindhu's Bengaluru house where the star player lives with her husband Venkata Datta. The duplex house features a large living room, dinning area, modular kitchen and a poolside garden.
Ethanol tender sparks feedstock concerns as rice gains ground over maize
The competing concerns highlight the challenge facing the ethanol procurement framework: balancing the availability and cost of different feedstocks.
Supreme Power Equipment net profit grows to 14 crore in Apr-Sept period
Total income rose to 135.57 crore in the first half of FY27, up from 75.36 crore in the same period of the previous fiscal
Amitabh Bachchan encountered severe financial difficulties in the late 1990s due to his production company. The situation became so dire that his Juhu home was at risk of public bidding. Rajinikanth highlighted the support Bachchan received after he turned to television and advertising. Through persistence, Bachchan not only cleared his debts but also recovered both properties. Additionally, he successfully maintained communication with fans while focusing on his health.
Trump denies plans to remove White House press room, restore old swimming pool
Donald Trump has dismissed reports of planning to remove the White House press room and replace it with a swimming pool. He labeled the speculation as Fake News, affirming that the pool will not be restored. Trump indicated that the idea of bringing back the pool was foolish and never crossed his mind. Furthermore, he suggested possibly relocating the press but ruled out restoring the old pool.
'He's got the body of a 30-year-old!': Trump's unexpected shoutout to RFK Jr. at Florida rally
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU's gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs 359 crore against Rs 481 crore. Net NPA ratio improved by 7 bps to 0.81%. Annualised credit cost improved by 45 bps to 0.8% from 1.2% over the year.
Volkswagen has paused further investment in its India EV programme as it seeks clarity on a potential partnership with JSW Group. The automaker is weighing a locally produced, lower-cost EV platform amid global cost cuts and intensifying competition in Indias electric vehicle market.
Cordelia Cruises launches Cordelia Sky, expands fleet to two ships
The 848 feet vessel began commercial sailings from Mumbai, with itineraries covering domestic destinations and Southeast Asia planned for 2027
Urvann Goes Back to the Roots With Its Own Farms to Put Plant Quality and Customer Experience First
New Delhi [India], October 24: Urvann, India's largest online plant nursery, has moved away from its earlier third-party nursery model and now grows, nurtures, and delivers plants directly from its own farms across Delhi NCR and Bengaluru. The company says the shift, which began in late 2024 and became fully operational in 2026, was driven by a need to fix the problems its customers were facing- inconsistent plant quality at delivery.
Varvee Global reports Rs 6.78 crore profit in Q2, swings back to profitability
Ahmedabad (Gujarat) [India], October 24: Varvee Global Limited, a vertically integrated textile manufacturing company formerly known as Aarvee Denims and Exports Limited, reported a net profit of Rs 6.78 crore for the quarter ended September 30, 2026, marking a sharp turnaround from the net loss of Rs 6.56 crore in the preceding quarter. The results were approved by the company's Board of Directors at a meeting held today.
AU Small Finance Bank Q2FY27 result: Net profit jumps 53% to 858 crore
AU Small Finance Bank on Saturday reported a 53 per cent surge in net profit at Rs 858 crore for the second quarter ended September 30, 2026 on the back of improvement in interest income. The lender had earned a net profit of Rs 561 crore in the year-ago period. Total income rose to Rs 6,382 crore in the quarter under review from Rs 5,224 crore in the same period a year ago, AU Small Finance Bank said in a regulatory filing. Interest income increased to Rs 5,612 crore as against Rs 4,511 crore in the corresponding second quarter of the previous year. Net interest income of the bank improved to Rs 2,820 crore in the July-September quarter, from Rs 2,144 crore in the September quarter of 2025, registering a growth of 32 per cent. Net interest margin increased to 5.8 per cent from 5.5 per cent at the end of September 2025. Asset quality of the bank also improved with gross non-performing assets (NPAs) rising to 1.99 per cent of gross advances at the end of the September quarter 2026
JK Cement Q2 profit rises 6.3% to 169.3 cr on higher sales volume
JK Cements revenue from operations jumps 23.65% to 3,733.42 crore in Q2 FY27 compared to 3,019.20 crore in the year-ago period
Karnataka's Golden Chariot luxury tourist train has begun its 2026-27 season with 75 guests aboard its inaugural journey. The train features redesigned guest rooms, upgraded food and beverage options, and 3 curated itineraries covering heritage sites, wildlife destinations and coastal experiences.
Adani Wind bags 696 MW orders from five power producers, third-party book crosses 1 GW
The contracts cover three wind turbine generator platforms rated at 5.2 MW, 5 MW and 3.3 MW, with projects spread across Karnataka, Gujarat and Maharashtra
BPCL Q2 profit falls 22.5% to 4,993 cr as fuel price freeze hits earnings
State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a 22.5 per cent fall in September quarter net profit as earnings from operations weakened due to a retail price freeze despite rising costs. BPCL's standalone net profit declined to Rs 4,993 crore in July-September, the second quarter of fiscal 2027, from Rs 6,443 crore a year earlier, according to a company statement. Revenue from operations rose to Rs 1.58 lakh crore from Rs 1.22 lakh crore, while Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) fell nearly 14 per cent to Rs 9,437 crore from Rs 10,968 crore. India's second largest fuel retailer earned USD 32.53 on turning every barrel of crude oil into fuels like petrol and diesel in July-September, as compared to USD 10.78 a barrel gross refining margin in the same period a year back. But these gains were wiped away by losses arising from the five month old freeze in retail price revision despite a rise in cost. BPCL also booked Rs 330 crore ...
BPCL Q2 profit falls 22% as EBITDA slips on fuel price freeze
Revenue from operations rose to 1.58 lakh crore from 1.22 lakh crore, while Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) fell nearly 14 per cent to 9,437 crore from 10,968 crore
Nasdaq-listed Amneal opens 135-crore Ahmedabad office, expands India footprint
The new facility spans approximately 3.35 lakh square feet and can accommodate around 1,200 employees
Govt of Singapores India portfolio: 10 stocks rally up to 100% in FY27 so far
In terms of stock performance, around 14 stocks in the portfolio have delivered positive returns so far in FY27, while nearly half have posted negative returns.
Mumbai (Maharashtra) [India], October 24: L & T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, has launched the second edition of 'Pitch Point,' a competition for AI startups ahead of RAISE' 26, India's premier Artificial Intelligence (AI)-themed event in the BFSI (Banking, Financial Services, and Insurance) sector. LTF is offering an opportunity to AI startups that are in their early to growth stage to present their solutions, applicable for BFSI or Non-BFSI domains, to a panel of Venture Capitalists, LTF's senior management, and global industry experts at RAISE' 26.
KEC International bags orders worth 2,872 cr from Power Grid Corporation of India
With these wins, the year-to-date order intake has crossed 13,500 crore, including 9,500 crore from the Transmission and Distribution (T&D) business
Volkswagen has frozen India EV investments as JSW joint venture talks continue - What is next?
Volkswagen is pausing investment in an India electric-vehicle program until it has greater clarity on a potential partnership with JSW Group. The automaker has completed design work but needs a stronger business plan, local sourcing and production to make the vehicles cost-competitive.
While the Centre is considering reducing its stakes in four public sector banks to 75% to meet public-shareholding norms, it also plans to privatise at least two public lenders besides IDBI Bank. Here's a look at the rules and regulations for the process
Why Child Car Seat Safety Matters: Loopie's European Standards
New Delhi [India], October 24: Loopie brings UN ECE R44/04-certified European car seat safety to Indian families with the Loopie Lap, engineered with added side-impact protection to fit both ISOFIX and seat-belt cars on Indian roads.
Kotak Mahindra Bank has announced an impressive 26% year-on-year increase in consolidated profit after tax for the second quarter, highlighting strong financial performance. Their standalone profit after tax surged by 29% compared to last year
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at 22,600. The Bank Nifty fell 2.8%, while the Nifty Midcap 100 and Nifty Smallcap 100 plunged 5.6% and 7.3%, respectively, as selling pressure intensified beyond frontline stocks.
Financing demand set to shift to emerging sectors like AI, semiconductors: Report
Indias emerging sectors are set to attract fresh bank financing over the next three to five years, with AI, semiconductors and defence leading investment opportunities, according to a Union Bank of India report. Battery storage, green hydrogen, semiconductor packaging and defence suppliers could gain funding as industries expand. However, technology obsolescence, uncertain revenues and long payback periods remain key lending risks.
Commerce Ministry identifying AI-proof professions, sectors where India can take global lead: Goyal
The Commerce and Industry Minister said that the focus would be on sectors where AI could improve efficiency without necessarily replacing human workers, while leveraging Indias large pool of skilled talent, youthful population and traditional strengths
Thiruvananthapuram (Kerala) [India], October 24: Keralam Minister for Home, Vigilance and Coir Ramesh Chennithala has urged Union Home Minister Amit Shah to strengthen interstate operational coordination against narcotics trafficking and convene a special conference of the Home Ministers of all States and Union Territories.
Bengaluru-Mumbai Vande Bharat Sleeper to launch next month: Check timings, fare, and route details
The premium Bengaluru-Mumbai Vande Bharat Sleeper is engineered to significantly reduce travel time while providing passengers with state-of-the-art amenities and superior overnight comfort.
ASML CEO Christophe Fouquet is linking executive pay to employee satisfaction after a major company shake-up, as falling staff morale raises questions about the impact of restructuring and job cuts.
U.S. FDA issues four observations to Gland Pharma formulation facility near Hyderabad
The four Form 483 observations followed an unannounced inspection on current good manufacturing practice at the facility in Dundigal between October 12 and 23
MHA seeks public opinion on proposed pan-India BB-PPDR communication network
The Ministry of Home Affairs (MHA) has invited public opinion and stakeholder inputs on the proposed network architecture for a dedicated pan-India Broadband Public Protection and Disaster Relief (BB-PPDR) communication system aimed at strengthening communication capabilities among police forces and other public safety agencies across the country.
A foreign traveller has praised India's road network, saying the country now has some of the best roads in the world after completing a journey of more than 2,500 km from Tamil Nadu towards the Himalayas. The drive took him through several states, including Karnataka, Maharashtra, Gujarat and Rajasthan, as India continues to expand its National Highway network.
Sebi orders Avadhut Sathe, academy to refund Rs 546 crore
The Securities and Exchange Board of India has directed Avadhut Sathe Trading Academy to refund 546.18 crore to investors. Avadhut Sathe and his academy provided unregistered investment advisory services under the pretext of education. The regulator found that misleading testimonials were circulated while concealing overall trading losses. A penalty of 11.5 crore was imposed on Sathe and the academy for their actions.
Kerala Governor Om Prakash Mathur's decision to ban non-vegetarian meals in the Lok Bhavan kitchen has stirred controversy. Congress leader K.C. Venugopal criticized this directive, claiming it violates individual dietary rights. He highlighted Kerala's diverse culinary customs and emphasized the people's freedom to choose their diet. Sources from the Governor's office clarified that the kitchen's restrictions only apply to Mathur's personal meals.
Casio G-Shock GMC-2500 price, features and India availability: 5 new watches unveiled
Casio has unveiled five new G-Shock GMC-2500 watches featuring metal and resin straps, a magnetic shock-resistant minute hand and 200-metre water resistance. The watches offer a two-year battery life, an analogue display and a stopwatch, with Japanese prices ranging from 37,400 yen to 49,500 yen.
Kilitch Drugs to divest Ethiopian arm for $14 million
The divestment will enable capital reallocation towards higher-growth opportunities in India, debt repayment and expansion of core pharmaceutical business
Q2 results: IDFC First Bank, Castrol India, JK Cement, 30 more on Oct 24
Q2FY27 company results: Firms including Kotak Mahindra, AU Small Finance Bank, Kajaria Ceramics, Netweb Technologies, and Apollo Micro Systems are also to release their July-September earnings today
Ukraine is exploring satellite communications with Nokia and ICEYE after SpaceX service restrictions disrupted drone connections. The proposed systems would give Kyiv greater control over connectivity, while European telecom firms are also considering services to compete with Starlink.
A dispute with Florida supplier Vaero halted Boeing 777 freighter production for nearly two months and disrupted 767 output, including freighters and KC-46 tankers. Boeing says the disruption cost up to $6.5 million daily.
Radhakishan Damani portfolio: Top 10 stock holdings of the ace investor
Damanis other top stock holdings in terms of holding value are United Breweries, TSF Investments, Horizon Industrial Parks, Blue Dart Express and Bhagiradha Chemicals.
Amazon's cloud is nearly sold out through 2027. Can its AI spending keep up with demand?
Amazon plans $220 billion in 2026 capital spending, but CEO Andy Jassy says AI demand is outpacing AWS capacity as the company pushes its own chips.
Q2 Results Today, 24th October 2026: Follow the latest announcements and developments on the September quarter earnings, key companies in focus today include Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Technologies, Castrol India, Kajaria Ceramics and Bharat Coking Coal
DRL says cap on trade margins a positive, posts 36% dip in Q2 PAT
In the second quarter of FY2027, Dr. Reddy's Labs experienced a downturn in both revenue and profit. However, the company supports new trade margin regulations that aim to improve access to vital medicines. With a commitment to boosting its core business performance, management is also dedicated to exploring growth avenues.
Adani Power profit surges 142% on strong demand amid weak rains
Adani Power has reported a 142% increase in net profit for the July-September quarter. This profit was driven by strong electricity demand and exceptional prior-period income. Operating revenue for the company saw a nearly 30% increase compared to the previous year. The company also recognized significant revenue due to adjustments in historic energy charges under its power purchase agreements.
JSW Steel posts three-fold jump in profit, lines up capacity expansion
JSW Steel achieved an impressive three-fold rise in its consolidated net profit for the September quarter, highlighted by a record-breaking 13% increase in sales volumes compared to last year. The company has received approval for ambitious expansion projects, aiming to add 5 million tonnes at the Utkal site in Odisha.
Indians remit $2.7 billion overseas in August, led by travel
Outward remittances under the Liberalised Remittance Scheme (LRS) stood at $2.7 billion, with travel accounting for the largest chunk. Indians spent $1.6 billion on travel in August, from $1.7 billion in July, while $275 million were spent on maintenan-ce of relatives. Indian citizen spent $321 million on investments in equity and debt, while $191 million on studies abroad.
India's net FDI inflows falls to $3 billion in August
Gross foreign direct investment (FDI) to India decreased to $11 billion in August, from $14 billion a month ago. Net FDI to India slows $3 billion in August, from $7 billion in July. Financial services, communication services, computer services and manufacturing accounted for around 73% of total FDI equity inflows during April-August 2026.
Swiggy falls 16% to new low, Qcomm losses spook street
Shares of Swiggy fell by 16.4% to 176.70, marking a record low for the company. This decline raises concerns over cash burn and achieving profitability in its quick-commerce business. Analysts are questioning Swiggy's strategic choices and execution following its market debut. The widening losses in the quick-commerce segment have drawn attention to the company's overall performance.
Elon Musk has committed $366 million to the 2026 US midterms, backing Republicans across key races. Explore where his money is going and what a Republican win could mean for SpaceX, Tesla and his wider business empire.
IndusInd Bank posts Rs 1,242 crore net profit on lower provisions
IndusInd Bank reported an impressive consolidated net profit of
Volvo layoff: Carmaker to cut 2,500 jobs globally as Q3 loss widens, to affect about 6% of workforce
Volvo Cars announced it would cut about 2,500 jobs worldwide, 2,000 of which are in Sweden, saying it was facing a very tough environment, including US tariffs and hypercompetition from local brands in China.
Infosys guidance shock may hit stock despite numbers bounce
Infosys released its quarterly results, showing good revenue growth and stable operating margins. However, the management reduced the annual revenue guidance due to competitive pressures. The company secured a significant $2 billion deal, boosting its total contract value to $5.2 billion. Despite positive performance from some sectors, weaknesses in others contributed to the cautious outlook. The market response led to a rise in the stock price, affecting valuation metrics.
SpaceXs efforts to finalize a $40 billion off-balance-sheet debt structure for its artificial intelligence buildout have been roiled by recent market turmoil thats driven up sector-wide borrowing costs and complicated price talks.
Friday blockbuster for Jio IPO: Rs 7.4 lakh crore bids, 22x subscription
Jio Platforms has experienced a surge in demand for its initial public offering, garnering roughly
Small and midcap indices post worst weekly decline in two years
Mid-cap and small-cap stocks in India have faced major declines, indicating a shift in market sentiment. The Nifty MidCap 150 and Small-cap 250 indices reported their worst weekly falls in two years. Domestic retail investors initially supported these segments by increasing mutual fund contributions. However, concerns over rising oil prices and fiscal deficits are adding to market uncertainties.
Wheat cultivation depends heavily on assured irrigation, and farmers are less vulnerable to variations in rainfall.
'We may do another Epic Fury': Trump warns Iran of potential strike if deal not reached
Donald Trump issued a military warning to Iran during a campaign rally, suggesting possible future strikes. He highlighted the importance of diplomatic negotiations, implying that Iran's leadership may not be sufficiently strategic. Trump discussed the US Navy's presence in the Caribbean and noted Senator Marco Rubio's role in diplomacy. Additionally, he announced a federal investment of $250 million to hire new nurses for elder care facilities.
Ukrainian negotiator says local humanitarian ceasefire with Russia will start on Tuesday
A ceasefire in the Kherson region of Ukraine will commence to enable humanitarian efforts in Oleshky. Melania Trump has played a crucial role in organizing aid delivery and civilian evacuations. The agreement was reached between Ukrainian, Russian and US negotiators ahead of the mission. Civilians in Oleshky are facing dire conditions with limited food and medical supplies. Safety measures for the mission will include mine clearance and secure evacuation routes.
Nuclear power could more than triple by 2060, UN agency says
Rafael Grossi from the IAEA forecasts that nuclear power usage may more than triple by 2060. This increase will be driven by rising demands for electricity, especially from data centers powered by artificial intelligence. Grossi emphasized the importance of nuclear energy for energy security and its safety compared to other options. He also highlighted concerns regarding nuclear programs in Iran and North Korea, urging diplomatic efforts.
First tanker of Russian diesel sets sail for the US in Trump's controversial deal with Putin
A tanker transporting Russian diesel to the United States has departed, signaling a new import agreement. This deal has raised concerns in Ukraine due to Russia's ongoing invasion. U.S. political figures criticized the agreement as it contravenes existing American laws and may benefit Moscow. Ukrainian President Volodymyr Zelenskyy expressed disappointment over the decision and its potential impacts.
Trump's diesel price relief efforts grow costlier as election nears
With the midterm elections approaching, President Trump is implementing various strategies to combat high diesel prices. These measures include financial aid for farmers and adjustments to regulations for truckers. However, criticisms arise regarding the effectiveness of these solutions and their geopolitical implications. Many voters attribute rising costs to Trump's policies, posing a challenge for Republican candidates. Ultimately, the pressure to lower diesel prices remains as the elections draw near.
Beyond the stipend: how firms are competing for MBA interns
Companies are turning internships into the primary way of hiring management students, offering tuition waivers, scholarships, housing, live projects and leadership access.
Government weighs 40,000-crore plan to modernise textile clusters over five years
The proposed Textile Expansion and Employment (TEEM) Scheme is part of a broader push to boost textile and garment manufacturing and exports, and capitalise on key free trade agreements signed by India in recent years, including those with the UK and the European Union.
Trinidad and Tobago in talks with ONGC Videsh, Oil India to refine Venezuelan crude
The Caribbean government has proposed that the two Indian oil companies process crude from neighbouring Venezuela at the Guaracara refinery in Pointe--Pierre, which forms part of the former Petrotrin complex and is currently under renovation.
Hunter Biden Laptop case: The case was filed less than two weeks before the November 3 elections via criminal complaint, which means prosecutors have not yet presented the allegations to a grand jury for an indictment.
'Ilhan Nur Said Elmi': Trump calls for Omars resignation, revives controversial name allegation
With the feedback window closing on October 25, the coming days will show how far IRDAI is willing to adjust commission levels, disclosure rules, and clawback provisions to address LIC agents livelihood concerns.
Tata Sons AGM deadline nears as Tata Trusts deadlock clouds voting
Tata Sons is currently observing the situation involving its majority owners, Tata Trusts, regarding governance issues. The annual general meeting (AGM) deadlines are approaching and require shareholder majority for resolutions. Important changes in trustee roles could affect voting dynamics significantly. Legal experts suggest focusing on regulatory clarity to facilitate successful AGM execution. Clear representation and consensus among the trusts are critical for passing necessary resolutions.
Tata Motors CV posts Rs 2,138 crore Q2 profit
Tata Motors Ltd achieved a standalone net profit of 2,138 crore for the September quarter, reversing last year's loss. Revenue from operations rose significantly to 23,930 crore, up 42% from the previous year. Improved demand was driven by higher fleet utilization and industrial activity, according to managing director Girish Wagh. Consolidated profit also increased to 1,257 crore, aided by a drop in mark-to-market losses.
Coforge Q2 results: Net profit surges 56.5% to 588 cr, revenue up 53.6%
Coforge posted a 56.5 per cent increase in consolidated profit to Rs 588 crore in the second quarter ended September 30, 2026, driven by AI-led execution of deals, the company said on Friday. The IT firm had posted a net profit of Rs 375.8 crore in the same period a year ago. Right now the margin uptake that we are seeing is in the existing fixed price projects where AI is getting infused, Coforge Chief Executive Officer and Executive Director, Sudhir Singh, said during the company's earnings call. Coforge signed 8 large deals the highest number signed in a single quarter across North America, Europe and Australia, which led to a total contract value of the new orders of USD 1.04 billion during the reported quarter. The company increased the operational profit margin guidance to 17 per cent for the next year from the range of 15.5 per cent to 16 per cent. Revenue from operations during the reported quarter increased by 53.6 per cent to Rs 6,171 crore from Rs 4,016 crore a year
Bank of India expects NIM to rise to 2.55% in H2 FY27 after RBI rate hike
Bank of India expects margins to improve in H2 FY27 as faster loan repricing offsets slower deposit-cost increases, while strong FCNR(B) inflows boost liquidity but weigh on near-term NIMs.
Apple India revenue grows 32% to cross 1 trillion mark in FY26: Tofler
iPhone maker Apple's India revenue grew by over 32 per cent to Rs 1,04,607 crore in FY26, according to the document shared by market intelligence firm Tofler. The company recorded revenue of Rs 79,060.5 crore in FY25. Apple India Private Limited provides and markets Apple brand products and software, and reported its revenues for the financial year 2025-26 at Rs 1,04,607 crore, a 32 per cent jump since the last financial year, Tofler said. Apple India net profit grew by 66 per cent to Rs 5,311 crore in the same fiscal. The company's total expenses for the fiscal were reported at Rs 96,224 crore, Tofler said.
Tata Sons listing row: What Parsi, Zoroastrian groups want PM Modi to protect
The community organisations' letter adds another dimension to the debate, framing the issue as one involving not only corporate governance and regulatory requirements but also the Tata Group's institutional identity and philanthropic commitments.
Godrej Properties plans 32,000 crore project launches in H2 FY27: CEO
Godrej Properties has lined up project launches worth over 32,000 crore for H2 FY27, even as its Q2 net profit fell 62% YoY to 154 crore, while cash collections rose 31%
The new rules mandate strict leverage ratios from 1 April 2027 to strengthen balance-sheet resilience. The RBI turned down banks request for additional time to prepare.
American Express plans to cut about 3,500 jobs, roughly 5% of its global workforce, as it seeks to streamline operations and improve efficiency. The announcement came alongside stronger third-quarter results and an upgraded 2026 earnings forecast.
Trump admin seeks to block Alaska Senate result if Republicans lose
The US Justice Department is seeking to invalidate Alaska's Senate election results if the Republican incumbent loses next month, in a rare legal move that raises questions about the Trump administration's willingness to accept defeat in the midterms. Democrats have accused the Trump administration of seeking to influence the November vote by expanding federal control over state-run elections and by repeatedly questioning the integrity of election results.
