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Greenland approves security deal with Denmark and US following months of Trump's pressure
Greenlandic lawmakers voted 16-0 to approve a security agreement with Denmark and the United States. This deal aims to strengthen military presence in the Arctic while keeping Greenland under Danish control. Although some residents express concerns about its implications for Greenlanders, they hope to curb American threats. The agreement will take effect after Danish parliamentary processes are completed later this month.
Iran US war: Thousands of U.S. troops remain in the waters off Iran to maintain a naval blockade aimed at preventing tankers carrying Iranian oil from reaching the global market. Another aircraft carrier and thousands of additional troops are also on their way to the Middle East.
Microsoft buyout offer: Microsoft has offered voluntary buyouts to around 60,000 employees, leaving workers to weigh the payout against the uncertainty of staying or finding another job. Employment attorney Craig Levey shares what employees should review before signing, from legal terms and future layoff concerns to negotiation and tax implications.
Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO following PN Vasudevan's resignation
Equitas Small Finance Bank has appointed Balaji Nuthalapadi as the interim chief executive officer. This decision comes after the resignation of PN Vasudevan last week. The appointment awaits approval from the Reserve Bank of India before finalization.
Irdai mandates four-tier structure for motor insurance from Dec 15
Irdai will implement a four-tier structure for motor insurance covering private cars and two-wheelers. Customers will have the option to select separate covers, including mandatory third-party liability and optional personal accident cover. Existing policyholders can add occupant liability coverage without canceling their current policies.
Lenders accept Supreme Housing's Rs 522-crore settlement offer
Canara Bank along with other lenders accepted a 522-crore one time settlement offer from Supreme Housing and Hospitality. This settlement will help the company resolve debts close to 700 crore, representing a 75% recovery for involved banks. The one-time settlement includes both fund and non-fund exposure from corporate guarantees given to subsidiary entities.
India Incs boardroom report makes for grim reading
Women currently hold one in five seats on Nifty 100 company boards, remaining unchanged over the past four years. Younger independent directors under the age of 50 have decreased in number on these boards. A report reveals that 17 companies, primarily state-run, lack the required number of independent directors.
US lawmakers, in letter, question McDonalds CEO about algorithmic pricing practices
MCDONALDS/LAWMAKERS-LETTER (EXCLUSIVE):US lawmakers, in letter, question McDonalds CEO about algorithmic pricing practices
Gurugram (Haryana) [India], November 3: Sohna Road has emerged as one of the most promising residential destinations in the National Capital Region (NCR), witnessing heightened demand from both homebuyers and investors. Backed by robust infrastructure development, enhanced connectivity, and the growing preference for spacious living, the region is rapidly transforming into a sought-after hub for luxury residential developments. Among the key trends shaping the market is the increasing demand for luxury floors, which are attracting discerning buyers seeking exclusivity, privacy, and a superior lifestyle experience.
Firm Tied to Some OpenAI, Anthropic AI Hacks Blames Error
A spate of cyberattacks involving AI agents from some of the worlds top model makers were down to a human error and time pressures at Israeli security company Irregular Security, according to Chief Executive Officer Dan Lahav.
Bengaluru (Karnataka) [India], November 3: Calvin Klein, Inc., part of PVH Corp. (NYSE: PVH), launched a new campaign celebrating the brand's signature Icon Cotton Stretch underwear with global football star Jude Bellingham, marking his debut campaign for the brand. Pairing one of football's defining talents with Calvin Klein's enduring underwear icons, the campaign celebrates what matters most: the icon underneath.
ED attaches 2 aircraft in probe against Reliance Anil Ambani Group
The Enforcement Directorate on Tuesday said it has attached assets worth Rs 510 crore, including two aircraft, as part of an alleged bank fraud-linked money laundering investigation against the Reliance Anil Ambani Group (RAAG). The probe is related to allegations against Reliance Home Finance Limited (RHFL)/Reliance Commercial Finance Ltd. (RCFL) of Rs 263.05 crore fraud and against Reliance Communication Ltd. (RCOM) for Rs 247.12 crore fraud. A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach the properties worth Rs 510 crore, it said. In the RCOM case, the attached assets include 2 chartered aircraft, 6 land parcels and an office premise in Maharashtra, the ED said in a statement. In the RHFL/ RCFL case, two wind mills in Tamil Nadu, bank balances, fixed deposits and investments have been attached, it added. The aircraft are a Dassault Falcon 2000 and an Embraer. The agency claimed its probe found that the Group was involved in ..
NASA astronaut Anil Menon, others vote from space
Three NASA astronauts, including Anil Menon, participated in the US midterm elections from the International Space Station. Menon, along with fellow astronauts Luke Delaney and Jessica Watkins, cast their ballots securely from orbit. The ballots were sent via NASA's encrypted Near Space Network to ensure integrity. Menon filled out his electronic ballot for Harris County in Texas, marking a unique voting experience.
Crown New Materials Technology is provider of adhesive materials to Apple, Tesla, BYD. During the first day's trading, Crown New Materials Technology made an astronomical gains of 787 per cent.
Trump hails Republican breakthrough in Guam, congratulates Tony Ada
Donald Trump congratulated Republican candidate Tony Ada on winning the governor's race in Guam. This win is noteworthy as Guam is traditionally a Democratic territory. Trump asserted that this victory might indicate future Republican successes in upcoming midterm elections. Ada faced Democrat Therese Terlaje in the November 3 election for governor. Additionally, Republicans reportedly secured a majority in Guam's Senate following the same election.
Texas voting results by county: Texas voters are heading to the polls in a closely watched Senate race between Democrat James Talarico and Republican Ken Paxton. With Democrats seeking their first statewide election victory since 1994, heres when Texas voting results are expected and how to check the latest updates.
'Trump feels pretty good about...': U.S. strikes Iran's Qeshm Island as VP Vance seeks settlement
Pioneer Urban launches 3,500 cr ultra-luxury housing project in Gurugram
The Alura project will feature around 250 luxury residences across two towers in Gurugram's Sector 62, with expected sales realisation exceeding 9,000 crore
Apple's record India quarter has more to it than meets the eyes
Apple hit record quarterly revenue in India by pushing device prices above $1,000, but iPhone sales volumes dropped up to 25% as steep price hikes deterred first-time buyers.
Saudi Aramco Q3 net profit rises 35% on higher oil prices, stake sale
Majority state-owned oil company Saudi Aramco on Tuesday reported a 35 per cent increase in third-quarter net profit as earnings were boosted by higher oil prices and the sale of its stake in a Malaysian refining and petrochemical company. Net profit rose to USD 36.3 billion from USD 26.9 billion in the year-earlier quarter. Adjusted net profit, which leaves out the sale of a stake in PRefChem to Malaysian state oil company Petronas, rose 9 per cent to USD 31.2 billion. The company also benefitted from high profit margins at its refineries turning crude into useable products such as diesel fuel. Saudi Aramco sold its oil for an average of USD 95.20 a barrel during the quarter, compared to USD 70.10 in the year-before quarter, the company said in a news release. Oil prices surged after the outbreak of the Iran war due to disruption of supply and uncertainty about the course of the conflict. After the war began in February, Saudi Aramco was able to use its East-West pipeline to the R
Samhi Hospitality Q2 net profit falls 59% to 41 cr despite revenue rise
Samhi Hospitality reported a 15 per cent rise in Q2FY27 revenue to 338.07 crore, while occupancy improved to 78.6 per cent and RevPAR grew 14.3 per cent year-on-year
AdaniConneX in talks with global banks for $1.5 billion loan: What will the funds finance?
AdaniConneX is reportedly seeking about $1.5 billion in offshore financing for data centres, as Adani and Reliance ramp up investment in AI and digital infrastructure. The expansion reflects Indias growing demand for computing capacity.
CleanMax beats Q2 EBITDA estimates, reports strong H1 growth
CleanMax has surpassed analyst estimates for the third consecutive quarter, driven by portfolio expansion and strong business performance. The company reported a 58% rise in H1 EBITDA and a six-fold increase in profit after tax (PAT), highlighting its robust growth momentum and improving financial performance.
Oil slips after early surge as US-Iran tensions persist, Brent falls 3%
The volatility poses a concern for India as it imports about 90% of its overall crude oil requirements. The import bill in the last fiscal year stood at around $123 billion.
Sebi levies Rs 40 lakh penalty on four entities in Axis MF front-running case
Securities and Exchange Board of India has imposed a total penalty of Rs 40 lakh on four entities. This penalty includes fines on Woodstock Broking and Marfatia Stock Broking for front-running trades. The investigation spanned from April 1, 2021, to March 31, 2022, involving these entities. Evidence indicated that brokers facilitated these trades by providing necessary infrastructure and assistance.
Utkarsh Small Finance Bank reports sixth consecutive quarterly loss
Utkarsh Small Finance Bank experienced a loss of Rs 70 crore in the second quarter, marking six consecutive quarters of decline. The lenders operating profit was Rs 85 crore, but provisions of Rs 166 crore led to the net loss. Its gross non-performing asset ratio improved slightly, standing at 5.96% at the end of September. The bank's gross loan portfolio saw a year-on-year growth of 7.5%, reaching Rs 20,062 crore.
PNB staffer, Pune man arrested in alleged Rs 10.24 crore bank fraud case
An office assistant of Punjab National Bank in Greater Noida and a private individual have been arrested for alleged fraud. The fraudulent activity involved Rs 10.24 crore in unauthorized withdrawals from multiple customer accounts. Punjab National Bank's investigation began after a customer reported suspicious debit transactions in her account. The accused allegedly carried out the transactions over three years using compromised banking credentials.
Marico could reach 20,000 crore revenue by 2030: Saugata Gupta
MD and CEO Saugata Gupta outlines digital-first growth, premiumisation and path to double-digit margins by FY27 end
From gold coins to EVs, festive shopping goes beyond metros this Dhanteras
Amazon India said fashion jewellery shoppers grew over 50% y-o-y during the festive season, while first-time jewellery buyers increased more than 20%
Bata India net profit up 30 per cent, revenue up 7.5 per cent in Q2
The company is optimising its distribution network to improve store productivity and drive customer footfall
WattPower secures 1 GW solar inverter order from ReNew
Deal covers 330KTL string and next-gen WP-506KTL grid-forming inverters for delivery in FY28
Air India has suspended flights to several destinations in Europe and the United States, including Vienna, Copenhagen, Chicago, Newark, London Gatwick and Birmingham. The airline has also shifted some domestic routes to Air India Express.
International Solar Alliance eyes mobilising $1 b in financing in five years
The Alliance is also advancing aggregated solar and storage opportunities
Loan growth, fall in provisions help SBI profits in Q2
State Bank of India reported a 14% year-on-year rise in Q2 FY27 net profit to Rs 23,038 crore, driven by 18% loan growth, higher net interest income, lower deposit costs and reduced loan loss provisions.
SBI eyes margin boost from rate hikes, but wary of consumption credit hit
Speaking at the State Bank of Indias September quarter earnings press conference, chairman Setty said government bond yields were already factoring in one more rate hike, suggesting that much of the likely rate movement was already priced in
India could attract $89 billion in solar manufacturing investments by 2047
ISMA report outlines pathway to integrated solar hub, over 32 lakh jobs and zero import bill by 2041
Asia Healthcare Holdings commits 100 crore in AINUs Odisha expansion
AHH aims to close FY27 with a network of 10 hospitals, backed by investments in capacity expansion, clinical talent and robotic surgery capabilities
GIVA raises over $100 million led by Multiples PE
Jewellery brand targets expansion to more than 1,000 stores in 5 years after 70% CAGR and 865 crore revenue in FY26
AstraYAN outbid prominent global players such as Fincantieri, an Italian shipyard;Navatia, a Spanish shipyard; and RENK from Germany to emerge L1 for Propulsion System Integration
Ahead of Market: 10 things that will decide stock market action on Wednesday
Indian equities rallied nearly 2%, with Sensex gaining 1,225 points and Nifty rising 370 points. Falling crude prices, renewed FII buying, resilient earnings and expectations of LTCG tax changes boosted sentiment, adding nearly Rs 4 lakh crore to market capitalisation.
India's office market gains momentum on strong leasing demand: KRT CEO
Knowledge Realty Trust CEO Shirish Godbole says GCCs and front-office occupiers are driving office demand, while tighter Western visa policies could further benefit India
CCI clears Kotak-Deutsche deal, KKR vehicle's Gentari investment
Kotak Mahindra Bank has received approval for the acquisition of Deutsche Bank's retail and wealth management business. The acquisition will take place on a slump sale basis from Deutsche Bank's branches in India. This business includes services such as deposits, loans, investments, insurance, and foreign exchange products. KKR-backed Sapphire US Holdco will also subscribe to securities of Gentari Renewables India, which specializes in renewable energy.
HRV Pharma buys Germany-based clinical trial supplier Phatebo
Deal expands company into finished formulations with a licensed operating business in Germany
Nexus Select Trust's NOI rises 8% to 504 crore in Q2 on strong leasing
The retail-focused Reit's net operating income rose to 504 crore in Q2FY27, while distributions increased 8 per cent to 359 crore amid strong consumption and leasing momentum
Associated Alcohols moves SC against CCI probe into alleged liquor cartel
The company has challenged a Madhya Pradesh High Court ruling allowing a CCI investigation into alleged bid rigging and market allocation among liquor distilleries in the state
Tata-Iveco aims for 6 lakh annual vehicle sales in five years; India assembly plans underway
Also exploring opportunities to expand overseas
Happiest Minds-ITC Infotech merger to broaden geographical, vertical reach
Happiest Minds executives believe that the merger with ITC Infotech could make a billion-dollar entity by FY28
Rice exporters federation cautions members on shipments to west Asian countries
MCX Q2 Results: Profit rockets 130% YoY to Rs 455 crore, revenue jumps 114%
Multi Commodity Exchange of India reported a 130% year-on-year jump in Q2FY26 consolidated net profit to Rs 454.57 crore, while revenue surged 114%. EBITDA rose 151%, margins expanded and shares touched a fresh 52-week high.
FirstClub enters beauty and personal care with ingredient-first approach
FirstClub is entering beauty and personal care with more than 80 brands priced from 300 to 3,500, applying ingredient screening, product testing and customer-rating criteria
Motilal Oswal Financial Services announces leadership rejig; appoints new heads across businesses
Motilal Oswal Financial Services announced major leadership changes across alternatives, retail broking and private wealth businesses. The reshuffle coincides with strong Q2 performance, with operating PAT rising 29% year-on-year to Rs 718 crore.
IndiGo CEO Willie Walsh said IndiGo had established the necessary foundations to succeed in the long-haul market. The planned introduction of Airbus A350 aircraft forms part of the airline's broader international expansion strategy.
India overtakes UK to rank third in Hurun Gazelle Index with 51 firms
Valued between $500 million and $1 billion each, India's 51 Gazelles have a combined valuation of 3.3 trillion, with fintech emerging as the leading sector
HRV Pharma to acquire German firm Phatebo
The acquisition will take it beyond active pharmaceutical ingredients into finished formulations and give it a licensed operating business in Germany.
Happiest Minds-ITC Infotech merger on track, listing expected in a year
Happiest Minds says its merger with ITC Infotech is on track, with CCI and Sebi approvals pending and trading in the combined entity expected to begin within a year
PM Surya Ghar: 1 lakh rooftop solar installations every every 4-5 days; target on track, says Joshi
At present, the PM-Surya Ghar has about 65.65 lakh beneficiaries and has scaled more than 55 lakh installations.
Zoho founder Sridhar Vembu participated in an RSS route march in Tamil Nadu's Tenkasi district on November 1, drawing attention to his earlier remarks about being influenced by a Marxist teacher as a teenager. The procession was part of the RSS's centenary-year celebrations.
INOX India Q2FY27 profit rises 10%
Revenue from operations rose 27 per cent year-on-year to Rs 456 crore during the quarter, reflecting continued demand across its cryogenic equipment and solutions businesse
SBI targets 14-15 pc credit growth, govt may revisit LTCG tax amid FPI outflows: Chairman CS Setty
Speaking exclusively to following the bank's Q2 FY27 financial results presentation, Setty expressed confidence in sustaining credit growth despite concerns over rising borrowing costs and competition for deposits.
Air India weighs Mumbai shift for Europe, US flights as airspace curbs bite
The airline plans to expand its Asian network through Delhi and explore Bengaluru as a third hub as mounting losses sharpen its focus on costs.
Yes Bank bondholders step up pressure for restoration of 8,415 crore AT1 bonds
The association has sought a time-bound restoration plan and clarity on unpaid coupons, while questioning the bank's role in selling the bonds to individual investors.
Tata-Iveco 3.8-bn deal turns global ambition into reality; eyes cross-market expansion
The road ahead is to move forward with a shared ambition of Tata Motors and Iveco Group NV to create a stronger, more innovative and more resilient commercial mobility enterprise
IndiGo CEO Willie Walsh says Mumbai airports per-passenger charges should fall after Terminal 1s redevelopment increases capacity. He argues airport costs affect fares and airlines ability to earn returns, and calls for closer scrutiny of airport investments and their impact across the industry.
Home textile exporters to get subsidy to participate in Germany fair in 2027
Bata India Q2 Results: Profit rises 30% at Rs 18 crore, revenue rises to Rs 862 crore
Bata India Ltd achieved a 30.4% increase in net profit for the September quarter of FY27. Revenue from operations also rose by 7.54% to Rs 861.78 crore compared to the previous year. The company noted significant growth in profit after tax, driven by higher average selling prices. Bata India aims to maintain this growth momentum despite rising input costs and wage revisions. Shares of Bata India Ltd increased by 1.
Seoul [South Korea], November 3: Kinexin Convention Management Pvt. Ltd., the official operator of Yashobhoomi (India International Convention & Expo Centre), New Delhi, successfully organised the Yashobhoomi Korea Roadshow on 14 October 2026 at KINTEX, South Korea, further strengthening business cooperation between India and South Korea in the Meetings, Incentives, Conferences and Exhibitions (MICE) industry.
Air India plans more wide-body orders, flags high costs as major concern
Air India CEO Tewolde Gebremariam says the airline is seeking more wide-body aircraft for global expansion while working to reduce high operating costs and return to profitability
Kotak - Deutsche Bank deal gets CCI nod
The Competition Commission of India (CCI) on Tuesday approved Kotak Mahindra Bank Limiteds proposed acquisition of Deutsche Bank AG's retail banking, private banking and wealth management businesses in India.The proposed transaction also includes referral arrangements between the parties through their affiliates, it said in a release.Earlier in June this year, Kotak Mahindra Bank and Deutsche Bank AG entered into a definitive agreement for acquisition, comprising approximately Rs 29,000 crore (Euro 2.7 billion) in loans, Rs 16,000 crore (Euro 1.5 billion) in deposits, and Rs 10,500 crore (Euro 1.0 billion) of assets under management, serving around 150,000 customers through a team of approximately 1,000 employees.This transaction aligns well with our focus on the affluent and SME segments, Ashok Vaswani, Managing Director and CEO, Kotak Mahindra Bank had said.It is a strong strategic fit and makes sound commercial sense. It also brings a high-quality customer franchise and experienced teams and adds incremental scale and adjacency opportunities. We look forward to warmly welcoming these customers and colleagues to the Kotak family, and our priority will be on disciplined integration and ensuring continuiy, while building further depth and capability in this business, he added as the lender announced the deal in June.Amid the transition, approximately 1,000 Deutsche Bank employees in India are expected to join Kotak, underscoring the importance both banks place on continuity for customers and long-term opportunities for employees.
On November 3, midterm elections faced significant disruption due to severe storms and flash floods across the United States. In Florida, polling places were forced to relocate because of flooding, while Oklahoma experienced tornado destruction. Although conditions in Texas improved after a cold front, some regions encountered persistent issues. Colorado also struggled with logistical challenges, raising questions about statewide access to polling.
CD Tenerife striker Jess de Miguel dies at 30 after collision with Andorra goalkeeper: CD Tenerife player Jess de Miguel collided with FC Andorra goalkeeper Jess Owono during a match on November 2. This incident occurred in the seventh minute of stoppage time, when both players were trying to play the ball. De Miguel was taken to hospital after suffering a cardiac arrest, but his condition worsened overnight.
Millions of Americans are expected to vote on Election Day amid severe weather conditions nationwide. Florida has been hit hard by heavy rains, causing floodwaters and forcing polling relocations. Oklahoma experienced tornado damage, while other states like Texas and Mississippi are also at risk of storms. Research indicates that bad weather can decrease voter turnout, particularly among younger and occasional voters.
PM Modi opens Pune Metros 8,300-cr Pink Line; 100 women operators to run 23 stations
Midterm elections vs presidential elections: Americans will head to the polls on November 3, 2026, but they will not vote for president. The midterm elections will decide control of the House and part of the Senate, along with dozens of governorships and other state and local offices. Heres how midterms differ from presidential elections.
The NITI Aayogs India Science and Technology (S&T) Scoreboard, launched on Tuesday, provides a comprehensive picture of Indias science and technology ecosystem through key indicators, including research and development expenditure, scientific publications, citations, patent applications and technological innovation.
Double The Scale: Tech Expo Gujarat 2026 Puts AI on Centre Stage
Ahmedabad (Gujarat) [India], November 3: Tech Expo Gujarat 2026 is set to return from 27-29 November 2026 at the Gujarat University Convention and Exhibition Centre (GUCEC), GMDC Ground, Ahmedabad. Supported by the Department of Science and Technology, Government of Gujarat, and organised as a non-profit initiative by 12 entrepreneurs, the event aims to strengthen Gujarat's technology ecosystem and connect businesses, technology providers, startups, investors and industry leaders.
Norton 450 makes world premiere at EICMA 2026, TVS Motor also showcases four production-ready models
The four models, the TVS Orbiter, TVS M1-S, TVS X and TVS RTR 125, reflect TVS Motors approach to serving Europes evolving mobility needs across electric commuting, premium urban transportation and lightweight sports motorcycling
Bengal CM announces Rs 5,000 aid for 19,524 tea garden workers ahead of Diwali
West Bengal Chief Minister Suvendu Adhikari announced financial assistance of Rs 5,000 for tea garden workers. The government is considering increasing rice allocation from 35 kg to 50 kg for these workers. Adhikari emphasized the commitment to reopen closed tea gardens for better employment opportunities. He also mentioned upcoming employment benefits under the Pradhan Mantri Chaa Shramik Yojana for eligible workers.
LIVE | Americans vote in high-stakes midterms; Republicans vs. Democrats in battle for power
Wipro Consumer Care targets 20,000 crore revenue by FY30; steps up household products push
The company expects a larger contribution from the acquisitions in H2 as more of their revenues are consolidated
TVS Motor unveils four global models, eyes 30% overseas revenue by 2030
TVS Motor unveils four production-ready models at EICMA 2026 in Milan as it expands its European retail network and targets a 30 per cent international revenue share by 2030
HRV Pharma acquires German firm Phatebo, enters finished formulations biz
Hyderabad-based HRV Pharma acquires German clinical trial supplier Phatebo, which reported 350 crore revenue in 2025, marking its entry into Europe's finished formulations business
Firms must understand how AI agents behave within networks: WSO2 CEO
WSO2 CEO Harry Ault says enterprises must focus on AI agent behaviour, strengthen governance and adopt open-source standards to address emerging security and operational risks
Happiest Minds Q2 Results: Profit rises 15% to Rs 62 crore; revenue up 12% to Rs 645 crore
Happiest Minds Technologies has seen a 15.12% rise in consolidated net profit for the September quarter FY27. Revenue from operations also increased by 12.5% compared to the previous year. The company announced an interim dividend of Rs 3.05 per equity share for the 2026-27 fiscal year. An exceptional charge was included in the quarter's results due to a proposed merger with ITC Infotech.
Chandrasekaran allays fears of Iveco plant closures ahead of union talks
Tata Sons chairman assures Italian unions and regulators that the 3.9 billion buyout will not lead to plant closures, as both automakers move to unlock technology and regional market synergies.
Emcure Pharma Q2 Results: Profit jumps 29% to Rs 325 crore
Emcure Pharmaceuticals Ltd has posted a remarkable consolidated net profit of Rs 325.06 crore for the September quarter, reflecting substantial growth. Revenue surged from Rs 2,269.82 crore to Rs 2,820.47 crore during this period, with international operations increasing by 34 per cent. Additionally, domestic revenue witnessed an 11.1 per cent rise, as company leaders expressed confidence in sustaining this positive trend through the latter half of FY27.
Nexus Select Trust Q2 net operating income rises 8 pc to Rs 504 cr
Nexus Select Trust has announced an 8% increase in its net operating income for the second quarter. The company reported a distribution of Rs 359 crore, reflecting growth in distribution per unit. Nexus Select Trust has cumulatively distributed over Rs 4,400 crore to its unitholders since its listing. The company marks its strategic entry into Northeast India with plans for a mall and hotel in Guwahati.
V-Mart Retail Q2 loss widens to Rs 16 crore
V-Mart Retail reported a significant net loss of Rs 16.34 crore for the September quarter of FY27, a rise from Rs 8.87 crore reported in the same quarter of FY26. Revenue from operations saw an upward trend, increasing by 18 percent year-on-year to Rs 952.99 crore. However, total expenses surged by 22 percent, totaling Rs 976.37 crore. For the first half of FY27, total income reached Rs 2,047.
Minda Corp Q2 Results: Net profit jumps 68% to Rs 143 crore on strong revenue growth
Minda Corporation Ltd has reported a significant 68.2% year-on-year increase in consolidated net profit for Q2. Revenue from operations also increased by 42.6% year-on-year, reaching Rs 2,189 crore. The company's Chairman highlighted continued progress in their growth strategy across key vehicle segments. Electric vehicle-related products contributed around 35% of new order wins during this quarter. Minda plans to enhance its product offerings and invest in R&D and manufacturing capabilities.
The latest complaint, filed by Lodha Developers, accuses Lodha and five others of manipulating a property transaction dating back to 2019 and causing substantial financial losses to the company.
OpenAI has appointed former US Army Secretary Dan Driscoll as its senior counsellor for national security modernisation. He will advise the company and its partners on deploying AI in defence, cybersecurity and military operations.
