26 C 
Amazon has cut up to 250 jobs in its devices and services division, mainly affecting software development roles. The company cited efficiency and changes to its product plans, while employees were informed through early morning texts and emails.
Apax co-CEO bets on Indias AI strengths, eyes faster investment
Apax Partners has invested about $4 billion in India and returned more than $10 billion to investors. Despite currency pressures and market uncertainty, the private equity firm sees long-term opportunities and may direct around 10% of its next fund to Indian businesses.
Nita Ambani lays foundation stone for Karjat care facility on birthday
Nita Ambani performed the groundbreaking ceremony for Nita Mukesh Ambani Anant Ashray in Karjat, Maharashtra, on her birthday. This care facility aims to support over 5,000 residents, including orphaned children and senior citizens. The township will be developed in phases and will focus on community living rather than traditional institutional care. This project will include numerous medical and recreational facilities to promote individual wellbeing and personal development.
Traditional entry-level engineering roles have collapsed due to AI: LTM
LTM says AI is reshaping IT services delivery, eliminating traditional entry-level roles while creating demand for AI-native engineers, new skills and outcome-based pricing models
Amul has launched high-protein cubes, a savoury snack offering 25g of protein and 150 calories per 38g pack. Check details of the new product here.
Masirkar is a 2008-batch IPS officer of the Nagaland cadre. She holds a Bachelor of Science degree from St Francis College, affiliated with Osmania University in Hyderabad, and an LLB degree from Mumbai University.
Syngene expects stronger H2 on order book, Zoetis supplies; retains outlook
Syngene International expects a stronger second half of FY27, driven by its order book and Zoetis supplies, while retaining guidance for a single-digit revenue decline.
Maruti flags mounting shipping disruptions in West Asia, but exports resilient
The challenges come even as Maruti Suzukis exports jumped 59.3% in October, suggesting room for further growth once the conflict eases.
RPG Life Sciences eyes another acquisition with 500 crore capital pool
The drugmaker plans to deploy 500 crore for another acquisition within 12 months as it targets 25 per cent annual growth in its API business over the next five years
Binance resumed withdrawals for 15 cryptocurrencies in phase 1 after using its own funds to cover about 95% of the $6.3 billion stolen in a heist. Details here.
Listed hotel chains, developers line up nearly 10,000 room signings in October
Lemon Tree, IHCL and Brigade led expansion signings this month as operators are targeting tier 3, 4 cities, airport hubs and emerging leisure markets
Indias coal imports decline 5.83% in August
According to a statement from the Coal Ministry, the decline was primarily led by the power sector whose imports during the reported period declined 6.4% overall.
Stay in mock Parliament, your turn will never come: Shah hits out at Rahul Gandhi over Delhi rally
Millions of Americans will change their clocks on November 1, 2026, marking the end of daylight saving time. Lawmakers are considering abandoning this twice-yearly clock adjustment, with a proposal approved by the House. However, the Senate expresses concerns about implications for winter mornings and public safety. Disagreements surfaced between Republican Senator Tom Cotton and the president over permanent daylight saving time.
NBCCs Avenue Towers in Sarojini Nagar sees 5,191-crore sale of 8.8 lakh sq ft apartments
State-owned NBCC has sold residential apartments spanning approximately 8.80 lakh sq ft at Avenue Towers on Africa Avenue Marg in New Delhi's Sarojini Nagar for around 5,191 crore. The proceeds will be used to fund Central Government redevelopment projects.
CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led Navi
Competition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in India's digital financial services market. MIH Payments Holdings BV, part of Prosus, will acquire certain shareholding in the fintech firm. Navi Ltd provides various financial services, including loans, insurance, and digital payments. This investment marks a significant milestone in Navi's growth after securing USD 100 million from Prosus.
Indian Oil spends 37% of 32,700 crore FY27 capex target in first half
Indian Oil spent 12,162 crore in the first half of FY27, with refining and marketing accounting for the bulk of investments as major refinery expansion projects near completion.
Coal Indias supply to power sector in October records all-time high, grows 19%
The countrys largest coal producers supplies to the sector crossed the 57 MT mark for the first time in the companys history
Godrej Properties targets 40,000 cr revenue recognition by March 2028
Godrej Properties expects a sharp rise in deliveries and earnings next fiscal, with sold-out projects worth 40,000 crore set for revenue recognition by March 2028.
Jio says tariff hikes can wait, eyes 10-15 partners for overseas play
Jio Platforms plans to drive growth through digital services and overseas technology partnerships rather than rely solely on mobile tariff hikes.
UPI average daily transaction value crosses 1 lakh crore for first time in October
UPI processed transactions worth an average of 1,01,707 crore daily in October 2026, crossing the 1 lakh crore mark for the first time. Monthly transaction value hit 31.53 lakh crore, while transaction volume rose to 25.47 billion.
PNB Housing aims for a 4x growth in corporate loan book to Rs 3,000 crore
PNB Housing Finance aims to expand its corporate loan book significantly by the end of March 2027. The company intends to maintain a focus on retail housing finance while growing its corporate lending portfolio. Currently, the corporate loan book stands at Rs 689 crore, contributing to 3 percent of overall loans. Loan growth guidance of 18-20 percent for the financial year remains unchanged, despite interest rate increases.
Bosch Home Comfort eyes double-digit share in India AC market with dual-brand strategy
Bosch Home Comfort Group plans to position Hitachi in the mainstream and mass-premium segments and Bosch in the performance-premium and super-premium categories
Knowledge Marine bags 300 crore dredging order from New Mangalore Port
The order encompasses maintenance dredging across the outer approach channel, lagoon, dock areas, turning circle, designated berth faces and pump-house areas
Valuation changes no grounds to reopen TVS family settlement: InGovern
Corporate governance advisory firm InGovern calls for a review of disclosures and a legally defined resolution of the TVS family dispute to protect minority shareholders
Solex Energy eyes US market for global debut, plans module and cell projects
The US is a high-potential market, Chetan Shah, Chairman and MD of Solex Energy, told PTI.
Coal India records 19% growth in October production
Offtake in October stood at 70.3 MT, up 18.7 per cent from 59.2 MT a year ago.
Good intentions, unintended consequences: The cost of regulation
Regulation is vital for protecting consumers and building trust, but unpredictable or poorly calibrated policy changes can disrupt business economics, valuations and investment.
IL&FS moves NCLT to recover 185.88 cr from 23 former directors
Scam-hit IL&FS said it paid remuneration to its erstwhile directors based on profits shown in the original accounts.
NMMS scholarship 2026-27 deadline extended: Check new date, eligibility and application process
The Ministry of Education has extended the NMMS scholarship application deadline for the 2026-27 academic year to November 15. Students can apply through the National Scholarship Portal, while institute-level and district-level verification must be completed by November 30 and December 15, respectively. The scheme provides eligible students with annual financial assistance of Rs 12,000.
Global beverage majors advance India IPO plans, from DRHP filing to board approval
Carlsberg has filed an updated draft red herring prospectus for its potential IPO in India. Pernod Ricard continues to prepare for its proposed listing while awaiting board approval for its Indian business. Coca-Cola is exploring a potential IPO for its Indian bottling operations, emphasizing the value in the domestic market. These developments indicate a growing interest in public listings among multinational beverage companies in India.
Festive mode brings cheer to automakers with record sales in October
Tata Motors, Hyundai Motor India and Mahindra & Mahindra see best-ever October sales
M&M vehicle sales grow 9% to record 13,1109 units in Oct
Mahindra & Mahindra said domestic passenger vehicle sales rose 2% year-on-year to 73,338 units in October, and commercial vehicle sales rose 4% to 33,037 units
Sarda Energy & Minerals Q2 results: Net profit dips 2.2% to 320 crore
Sarda Energy & Minerals has reported a 2.2 per cent decline in consolidated net profit to Rs 320 crore, mainly impacted by lower revenues. It clocked Rs 328 crore profit after tax (PAT) in the second quarter of the preceding 2025-26 financial year, the company said in a statement on Saturday. In July-September, the company's total income reduced by 5.7 per cent to Rs 1,505 crore from Rs 1,596 crore a year ago. In Q2 FY2, the company's EBITDA also fell 2.7 per cent year-on-year to Rs 564 crore from Rs 580 crore in July-September of FY26. However, in April-September, its PAT grew 4.5 per cent to Rs 799 crore from Rs 764 crore in the year-ago period. Sarda Energy & Minerals Limited (SEML) is an integrated energy and minerals company with interests spanning power generation, mining, steel and ferro alloys.
Hyundai Motor India sales rise 17.7% in Oct to 82,299 units
The milestone was driven by record domestic sales of 62,799 units, a 16.7% rise, and exports grew 21.1% to 19,500 units, the automaker said
Escorts Kubota reports 10% decline in October sales to 16,921 units
Escorts Kubota Ltd on Sunday reported a 10 per cent year-on-year decline in total tractor sales to 16,921 tractors in October from 18,798 a year earlier. Its domestic tractor sales fell 10.9 per cent to 16,412 tractors compared to 18,423 units in the year-ago period. However, the company's exports rose 35.7 per cent to 509 units in October against 375 units in the year-ago period. The industry witnessed some moderation in October 2026, impacted by a high base, shift in festive timing and monsoon-related disruptions. Elevated input costs due to geopolitical developments and consequent pricing actions may moderate demand in the near term, the company said in a release.
Oil PSUs clock 30,106 cr Q2 profit, near 39% of last years earnings
The earnings boost was primarily because of high refining margins and inventory gains.
French billionaire Xavier Niel has secured CCI approval to acquire a 16.2% stake in Vodafone. The Iliad founder built his fortune through low-cost telecom services before expanding into media, startups, and artificial intelligence. Heres a look at his career and investments.
10 penny stocks plunge up to 70% in three months. Do you own any?
Ten actively traded penny stocks have fallen between 34% and 73% over the past three months, highlighting the risks associated with low-priced shares. Cropster Agro recorded the steepest decline at 73%, followed by Bridge Securities and Empower India, which dropped 55% and 50%, respectively.
IOC, BPCL, HPCL clock 30,106 cr Q2 profit, nearly 39% of FY26 earnings
India's three state-run fuel retailers earned a combined standalone net profit of Rs 30,106 crore in the July-September quarter, nearly 39 per cent of their annual earnings, after a refining margin boost and inventory gains helped more than offset losses on fuel sales and a mounting unpaid LPG subsidy bill. The combined profit of Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) is 68.3 per cent more than their earnings in the same period last year and a swing from a combined loss of about Rs 18,150 crore in the previous April-June quarter, according to company filings. The July-September quarter alone equals about 39 per cent of the three companies' combined FY26 (April 2025 to March 2026 financial year) profit of Rs 77,281 crore. The boost in earnings came despite petrol and diesel prices remaining on freeze since May and unchanged domestic LPG rates since March, despite a surge in benchmark prices and input crude
Tech Mahindra prioritises growth blitz after margin boom
As he completes 12 quarters at the helm next month, Tech Mahindra CEO Mohit Joshi talks about prioritizing organic growth, decoupling headcount from revenue in the AI era, and eyeing larger acquisitions next year.
IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earnings
In the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106 crore, reversing a previous loss of Rs 18,150 crore. This profitability surge defied the ongoing freeze on petrol and diesel prices since May. Indian Oil Corporation achieved its highest standalone quarterly net profit, buoyed by strong refining margins, yet faces ongoing challenges related to fuel under-recoveries.
Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on Monday
Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above $117 a barrel. Investors will track oil price movements, foreign institutional investor (FII) activity, global cues and domestic market trends for direction. FIIs turned net buyers after a 10-week selling streak, lending support to sentiment.
FPIs pull out Rs 34,843 cr from equities in Oct; turn net buyers last week
Amidst rising economic fears, foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October. Although they had made significant contributions in July and August, outflows continued through September. By late October, a turnaround occurred as foreign investors became net buyers, infusing approximately Rs 6,300 crore into the market. Support from domestic institutional investors provided much-needed stability as all eyes turn to potential global impacts on investor sentiment.
Rainbow Children's Medicare Q2 results: Profit rises to 84 cr
Rainbow strengthened its presence in coastal Andhra Pradesh
Indian Bank targets Rs 100 cr lending under EV charging scheme in FY27: MD
Indian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure. The bank launched IND Green Charge for public, captive, and fleet charging stations under various models. It plans to promote entrepreneurship and support India's transition to sustainable mobility with this initiative. The scheme will provide loans up to Rs 10 crore for a maximum tenure of eight years.
ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes bite
ITC is expected to report a weak Q2, with brokerages forecasting an 8% decline in cigarette volumes and a drop of up to 29% in cigarette operating profit following tax hikes. Nuvama expects consolidated revenue to fall 3% YoY and EBITDA to decline 20%. Growth in FMCG and paper businesses could provide some cushion against the pressure.
Nifty ITs 18% rally may mark a durable leadership cycle; 35,000 next: LKP's Vatsal Bhuva
Nifty ITs 18% October rally could signal a sustained leadership cycle, supported by improving momentum, a bullish RSI crossover and capital rotation from global AI stocks. Analyst Vatsal Bhuva sees the index targeting 35,000. He remains cautious on Swiggy, bullish on Acutaas Chemicals, and recommends buying Persistent Systems and Eternal based on positive technical setups.
Creators and stand-up comics are driving India's live events boom
Creator-led formats and stand-up tours are expanding India's live entertainment market beyond music, though rising event costs and audience monetisation remain key hurdles.
IPO Calendar: Primary market cools after Jio frenzy, but 13 listings lined up
India
Sona Comstar expects annual investments to rise as business grows: MD
Auto component maker Sona BLW Precision Forgings Ltd (Sona Comstar) expects its annual investments, currently at Rs 500-600 crore, to rise as it scales up operations, with a focus on R&D, capacity expansion and new capabilities, its Managing Director and Group CEO Vivek Vikram Singh said. In an interview to PTI, Singh shared that the company will continue investing across all its three business lines, adding that it had introduced three new products during the September quarter. Annual investment is currently around Rs 500-600 crore. This should increase as we grow over the decade, he said. Singh said investments would cover multiple areas, including R&D, capacity additions, capability additions and new processes, with the company focusing on developing entirely new products. According to the company's Q2 results release, the three products commercialised during the quarter were a helical limited slip differential for EVs, air springs for railway coaches and rear radar ...
More than 40 companies have scheduled record dates for dividends, bonus issues, rights issues and stock splits during November 26, 2026. Major names include Infosys, Asian Paints, Coal India, Power Grid and Info Edge, while Sanofi India will offer the weeks highest announced dividend of Rs 75 per share.
Japanese bodybuilder Toshisuke Kanazawa, 90, travelled to Spain to compete against athletes decades younger at the IFBB World Fitness Championships. Although he did not win a podium place, he hopes to compete again at 93. He credits his fitness to a traditional Japanese diet he adopted at 50.
Tamil Nadu CM Vijay to inaugurate Rs 31 crore projects, hold roadshow in Pudukkottai
Chief Minister C Joseph Vijay is scheduled to visit Pudukkottai on Monday for several inaugurations. He will open a modern bus stand and an indoor sports stadium during his visit. Additionally, he plans to distribute welfare assistance to local residents in the area. Following the official events, he will participate in a roadshow across town to engage with the public.
DeepSeek Drops Enhanced Coding Agent With Aim to Rival Anthropic
DeepSeek has released a prototype of a more autonomous coding agent as it seeks to challenge Anthropic PBCs popular Claude Code.
Ramkrishna Forgings Q2 profit at 70 crore
Naresh Jalan, MD, Ramkrishna Forgings said domestic demand remained healthy in Q2.
Suraj Estate Developers Q2 results: Profit down 30%
Consolidated net profit at 23.06 crore in Q2FY27.
Commercial LPG prices hiked by around 10 per cylinder
A cylinder in Delhi now costs 2,820
Warren Buffett hasnt had water in 50 years; billionaire investor Bill Ackman reveals | Watch video
Bill Ackman recalled that Warren Buffett declined water at a dinner, choosing Cherry Coke instead and claiming he had not had water in 48 years. Buffett is known for drinking five cans of Coke daily and has often joked about his devotion to the beverage.
Former Megaspeed top executive Alice Huangs links to Nvidia CEO Jensen Huang have come under scrutiny amid reports of suspected intelligence sharing with Beijing. Singapore has denied investigating her alleged intelligence ties.
Inside The Mind Steering Ferrari: CEO Benedetto Vigna on Innovation, India, Powertrains | The Quest
Elderly care industry eyes emerging companionship market
In India, elderly companionship services face hurdles in building a dependable market, primarily due to the stigma linked to purchasing social connections. Numerous programs have emerged to facilitate interactions among seniors through conversation and activities aimed at enhancing emotional health. Entrepreneurs grapple with the challenge of making companionship a sustainable expense, even as the senior population rises.
New Delhi [India], October 31: Ajooni Storage Systems, an ISO 9001 and BIFMA certified manufacturer, exporter and supplier of industrial storage solutions headquartered in Dwarka, New Delhi, today announced the expansion of its product range in Gun Compactors - for storing Rifle and pistols, supplied in Air Force and army, Order Picker Racking System and Heavy Duty Reel Racks. The company serves factories, warehouses, defence establishments, schools, libraries and commercial retailers across Delhi, Haryana, Punjab, Rajasthan, Uttar Pradesh and Uttarakhand, and exports to African markets.
Forget festive hampers, companies are trading gift boxes for holiday getaways
Companies are shifting towards offering travel vouchers as a preferred gifting option for employees. This change allows for more personalised experiences with loved ones during holidays. Many firms are also providing flexibility in travel options, catering to individual preferences and interests.
Karnataka govt's five promises come at a price
Karnataka's Congress government has approved an increase in Nandini milk prices, raising it from 46 to 54 per litre. The government claims this hike will enhance farmers' income and address financial pressures. However, the Opposition BJP argues that this will add to the cost of living for citizens. The government's five guarantees are estimated to cost 51,000 crore this year, creating further financial strain.
India complete Commonwealth Kabaddi double with commanding men''s final win over Sri Lanka
The Indian men's team defeated Sri Lanka 54-20 to clinch the inaugural men's crown, while the women beat Uganda 35-15 earlier in the evening to seal the women's title. The triumphs capped an unbeaten campaign for both Indian teams at the nine-day competition.
Amit Shah says Sardar Patel did not get due recognition for contributions, flags off 'Run for Unity'
Union Home Minister Amit Shah emphasized the importance of recognizing Sardar Vallabhbhai Patel's contributions to India. During the 'Run for Unity', he condemned efforts by the Opposition to diminish Patels legacy. Shah highlighted India's diverse linguistic and cultural heritage as a source of strength rather than weakness. He recalled Patel's role in unifying princely states and shaping India's geography.
UP CEO's X handle apologises after controversial reply to AAP leader Sanjay Singh
The Uttar Pradesh Chief Electoral Officer's (CEO) office apologised after its official X handle posted a sarcastic response to AAP leader Sanjay Singh's allegation of caste bias over a voter's name being mistranslated. The exchange triggered criticism from Opposition leaders, prompting the office to promise more polite and formal communication.
Nearly 200 earthquakes recorded in Pacific Ring of Fire in 7 days: Should you be worried?
Seismic activity is on the rise around the Pacific Ring of Fire, prompting countries to issue emergency preparedness warnings. Within the last week, close to 200 earthquakes measuring 4.5 or greater have been reported. Authorities are advising households to gather essential supplies in anticipation of potential natural disasters. Although guidance is being updated, no direct correlation has been established between these advisories and recent seismic events.
A dafli's account of its detention during the Gen Z protests
In a satirical first-person account, a dafli narrates its brief detention at a police station after being confiscated during the Gen Z protests. Separated from its student activist owner, the percussion instrument encounters whistles, placards and bewildered policemen before using its own rhythm to help its owner escape and return to the protest.
ED arrests senior Samajwadi Party leader Azam Khan minutes after release from Rampur Jail
Azam Khan, a senior leader of the Samajwadi Party, was arrested by the Enforcement Directorate shortly after his bail. His bail was granted by the Allahabad High Court in an alleged dual PAN card case. The Enforcement Directorate is investigating financial irregularities linked to the Maulana Mohammad Ali Jauhar Trust and Mohammad Ali Jauhar University. Khan's land and buildings were provisionally attached under anti-money laundering laws by the agency.
LANXESS and BPCL partner to advance specialty lubricant solutions in India
The partnership leverages LANXESS' global lubricant additive expertise, formulation capabilities, and existing OEM relationships alongside BPCL's strong domestic market presence, base oil portfolio, manufacturing infrastructure, and extensive customer reach
Reese Witherspoon's production company Hello Sunshine has reportedly laid off around 30 employees, or half its workforce, weeks after she and Mediawan reacquired it. The company is moving away from direct-to-consumer ventures to focus on films, TV and books.
Doctors back their own software: Docterz raises 5 cr, nearly 60% from users of its clinic platform
Docterz aims to deepen its presence in the Indian clinic software market while adding AI capabilities that reduce administrative load. For a company founded by a practising doctor and now backed substantially by its own users, the funding reinforces a model built on practical utility.
Flipkart says it has robust governance as some staff face probe over alleged seller kickbacks
The employees allegedly exploited Flipkarts B2B operations taking cuts from vendors in exchange for preferential treatment
Muthoot Finance Q2 profit rises 36% to 3,278 crore on gold loan growth
Muthoot Finance's Q2 FY27 consolidated profit rose 36 per cent to 3,278 crore, driven by gold loan growth, while loan AUM increased 42 per cent to 2.09 trillion
Supreme Infrastructure moves closer to settling 2,200 crore debt after NCLT extends payment deadline
NCLT Mumbai extends deadline to October 31; SBI, PNB and Union Bank agree on framework for completing settlement obligations
Radico Khaitan sets sights on Scotland to secure malt whisky supplies
Recent disruptions in the West Asia and Gulf corridor highlighted the risks of concentration in individual markets. The company was working to strengthen distribution across other regions.
Q2 Results Highlights, 31st October 2026: businessline brings to you latest Q2 announcements, earnings updates and more.
Muthoot Finance Q2 profit rises 27% to 2,977 crore, income up 37%
Muthoot Finance on Saturday reported a 27 per cent growth in standalone profit at Rs 2,977 crore in the September quarter. The company had a profit of Rs 2,345 crore in the July-September quarter of FY26. Total income rose to Rs 8,842 crore in the July-September quarter, from Rs 6,442 crore in the corresponding quarter a year ago, Muthoot Finance said in a regulatory filing. Interest income rose to Rs 8,730 crore in Q2 of FY27, from Rs 6,304 crore in Q2 of FY26. For the first half (April-September) of current fiscal year, profit after tax grew 39 per cent to Rs 6,103 crore on a consolidated basis. Consolidated loan AUM during April-September increased 42 per cent to Rs 2.09 lakh crore. Consolidated gold loan AUM increased 46 per cent year-on-year to over Rs 1.93 lakh crore. George Alexander Muthoot, Executive Vice Chairman, Muthoot Finance said India's gold loan market continues to present significant growth opportunities, supported by rising demand for secured credit and the ..
EKA Mobility plans 1,000-crore R&D investment, targets 40,000-unit capacity utilisation by 2030
EKA aims to raise exports to 20-30% of total sales over the next few years. It is exploring further opportunities in the African markets.
NCLT scraps JLS Realty land transfer to Spenta, cancels 525 cr IIFL deal
The National Company Law Tribunal (NCLT) invalidated a series of transactions involving JLS Realty Pvt Ltd, including the transfer of a prime redevelopment land parcel in Mumbai to Spenta Suncity and a mortgage and corporate guarantee linked to Rs 525 crore in financing involving IIFL. In an order pronounced on October 23, the Mumbai bench of the tribunal also invalidated the appointment of two IIFL-linked employees as directors, declared the attempted removal of an existing director illegal, reversed disputed share transfers and ordered restoration of the company's land. The Bench, comprising Judicial Member K R Saji Kumar and Technical Member Anil Raj Chellan, held that the sequence of events was demonstrative of a deliberate design, constituting oppression marked by a lack of probity and fair dealing. The ruling follows five years of litigation initiated by Moniveda Consultants LLP and Rajat Jhunjhunwala against Shajas Developers, JLS Realty, and other respondents. The dispu
LPG under recovery may rise to 370/cylinder in December 2026
The OMCs are saddled with huge under recoveries on account of selling the cooking fuel--used by more than 33 crore households--at below the prevailing market rates
NTPC posts net profit of 7,351 Cr in Q2 FY27
he net profit of the countrys largest power generator rose by 7 per cent on a sequential basis
CDSL Q2 profit rises 24% to 173 cr as demat accounts grow by 7.5 million
Central Depository Services (India) Ltd (CDSL) reported a 24 per cent year-on-year rise in consolidated net profit to Rs 173 crore for the July-September quarter, aided by continued growth in India's securities market participation. Consolidated total income rose 22 per cent to Rs 417 crore in the second quarter of FY27, compared with Rs 341 crore a year earlier. Sequentially, net profit jumped 47 per cent from Rs 118 crore in the June quarter, while total income increased 22 per cent from Rs 341 crore. For the first half of FY27, consolidated net profit grew 20 per cent to Rs 291 crore, while total income rose 19 per cent to Rs 758 crore. On a standalone basis, CDSL's net profit increased 28 per cent year-on-year to Rs 163 crore in Q2, while total income rose 24 per cent to Rs 359 crore. For the six months ended September, standalone profit grew 10 per cent to Rs 308 crore and income increased 14 per cent to Rs 685 crore. The depository added around 75 lakh demat accounts during t
Vadodara (Gujarat) [India], October 31: Ratnaveer Precision Engineering Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026, reporting strong year-on-year growth across key financial parameters. Alongside its financial performance, the company continues to advance its capacity expansion plans, with its new CCL plant progressing towards completion and currently approximately 75% complete.
Birla Corporation Q2 profit plunges 58.9% to 37 crore on higher input costs
Higher clinker, power and fuel expenses weighed on profitability, even as cement sales volumes increased and premium product sales recorded growth
Students going abroad must return to country to give back to nation: DRDO DG Binay Das
Binay Kumar Das expressed the crucial importance for students studying abroad to keep their cultural roots and identity alive. At the Open House event held at the Indian Institute of Technology, he motivated students to return to India and make meaningful contributions.
NTPC Q2 net up 14% to 5,320-cr. on higher generation, improved efficiencies
The companys commercial generation increased 11.1% YoY to 92.413 billion units (BU).
Pradeep Khullar was 15 years old when his father passed away after battling cancer in 1998. Most of the family's savings had gone towards his father's treatment, leaving them in financial difficulty.
