21 C 
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
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.
Revenue of 51 cos in ASK Private Wealth Hurun India Gazelle index jump 50% in one year
The net worth of these companies were 3.3 lakh crore, according to the 2026 ASK Private Wealth Hurun India Gazelle index
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
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
Mach Travel Solutions Q2 net up 50% at 9 crore on new client addition
Revenue more than doubled to 205 crore in the quarter
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.
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.
US midterm elections 2026: These districts are important because their results are expected during the first few hours of election night. Indiana and Kentucky will begin reporting results during the 6 pm Eastern Time hour, followed by several Florida congressional races during the 7 pm Eastern Time hour. These districts could also signal a Democratic wave before midnight.
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.
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
Anthropic warns AI could outpace human control in developing successor models
The Claude maker says future models may soon drive faster AI progress, potentially outpacing safety, alignment and security measures
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
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.
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.
Air India eyes more widebodies, cost cuts under new CEO
IHG Hotels & Resorts signs 92-key Holiday Inn Resort Sasan Gir, Gujarat
IHG currently has 53 open hotels operating across seven brands in India and a strong pipeline of 110 hotels due to open in the next 3-5 years
Waaree said the latest decision does not expand the scope of the original June 23 determination, which remains restricted to a small subset of historical import entries
NSE Q2 Results: Profit jumps 23% to Rs 2,578 crore, revenue rises 9%
NSE Q2 Results: The National Stock Exchange of India (NSE) reported a 23% year-on-year (YoY) increase in its consolidated profit after tax (PAT) to Rs 2,578 crore in the second quarter of FY27 (Q2FY27), compared with Rs 2,098 crore in the corresponding quarter of the previous fiscal year (Q2FY26).
Are banks and the stock market open on Election Day 2026? Check November 3 federal holiday status, NYSE and Nasdaq trading schedules, and how to confirm your local bank branchs opening hours. Banks and financial markets are expected to follow their regular schedules on Election Day, November 3, 2026. The New York Stock Exchange and Nasdaq will remain open for usual trading hours. USPS, UPS, and FedEx are likely to maintain standard delivery operations on that day.
Indian Hotels Company among 6 stocks that hit 52-week highs and rallied up to 16% in a month
Six BSE 200 stocks, including Bosch, Coforge, Divi's Laboratories, Eternal, Indian Hotels and Zydus Lifesciences, touched fresh 52-week highs as the Sensex rallied 1,225 points, reflecting renewed market momentum and buying interest.
US midterm election results live: Find out how to watch the 2026 US midterm election results live on CBS News, Fox News, ABC and C-SPAN. Check election-night coverage timings, TV schedules and streaming options, along with when polls close and results are expected to come in as Americans vote in key House and Senate races.
Dhoot Transmission posts 61% revenue jump in Q2, EV business crosses 31% of sales
EV and electronics products accounted for 31 per cent of Q2 revenue, up from 24 per cent in FY26, with EV revenue reaching 570.1 crore
Shift to Navi Mumbai or stop flying to Mumbai: Adani Airports CEO tells foreign airlines
Like a landlord tells its airlines to vacate his property we have told airlines you have to vacate from April,said Adani Airport Holdings CEO Arun Bansal
US midterm elections 2026: What do you need to bring to vote and and where to vote on Election Day
In the US, voter identification rules differ markedly state by state. Some states mandate photo identification, while others accept non-photo or even no ID at all. First-time voters should check specific ID requirements to verify their identity. Preparing in advance will likely enhance their voting experience on November 3.
NTPC eyes to add 58 Gw of installed capacity reach 149 Gw by 2032: Chairman
NTPC, the country's largest power generation company, is gearing up to add 58 gigawatt of installed capacity to reach 149 gigawatt by 2032, its Chairman Gurdeep Singh said on Tuesday. The new capacities will be of various sources including renewables, Singh said addressing the KPMG ENRich 2026 event here. Speaking at a session, he also shared NTPC's plans for the nuclear sector. At present, NTPC has an installed power generation capacity of 91 gigawatt (GW), Singh said adding that by 2032, the company would be reaching 149 GW. We have very clear direction...now going fast in nuclear capacity addition. Of the 250 GW capacity targeted for the year 2037, the plan of about 30 GW nuclear, Singh noted. NTPC has finished feasibility studies for proposed nuclear capacities in Madhya Pradesh, Bihar and Odisha, and will scout for more locations in other states, as per sources. Speaking further on the domestic power sector, the chairman said it is showing resilience against the ongoing gl
'Very sad' that 23 states, UTs not yet responded to Centre over discrimination in jails: SC
The Supreme Court has expressed disappointment regarding the lack of responses from 23 states and Union Territories. These regions have not provided the requested information about eliminating jail discrimination. The apex court previously deemed caste-based discrimination unconstitutional in jail regulations. A final opportunity has been given to these states to reply, with a hearing scheduled for January 13. The court has indicated potential consequences if responses are not received.
Rachel Apa, 24, died after collapsing in Central Park during the New York City Marathon. Her father attributed her death to rhabdomyolysis. Here is what happened, her background and fundraising mission, and what medical authorities say about the conditions symptoms, risks and treatment.
Indian markets extended gains as the Sensex surged 1,225 points and Nifty climbed 370 points. Falling crude prices, softer US Treasury yields and FII buying boosted sentiment, with FMCG and realty stocks leading the broad-based rally.
How digital distribution shifts the balance of power towards the customer
The insurance sector grapples with pressing issues like mis-selling and customer complaints, which hinder the efficacy of policies. However, digital platforms offer improved transparency, enabling consumers to make well-informed choices about their coverage options. By comparing policies, customers not only save on premiums but also gain better insights into their coverage. Additionally, digital channels simplify grievance resolution, fostering easier interactions with insurers.
FM Sitharaman urged Tata Trusts and Tata Sons to resolve their dispute amicably through dialogue, saying the groups importance to India makes the matter significant. She called for maturity and a swift return to normalcy, while declining to say whether the government would intervene.
Nearly 44% of workplace sexual harassment cases occur outside office premises: Report
In India, more than 40 percent of sexual harassment incidents occur outside typical workspaces, according to research. Alarmingly, many employees lack knowledge of their company's Prevention of Sexual Harassment policies. Complaints point to a pervasive hostile work environment, fueled by multiple harassment forms. Additionally, there's growing anxiety about confidentiality in addressing these issues, underlining the persistent challenges in ensuring a safe workplace against harassment.
Three burglars allegedly broke into a Kolkata businessman's home hours after his wife shared a picture wearing a Rs 5 lakh birthday necklace on social media. They spent around 50 minutes ransacking the empty house, using birthday cake to cover CCTV cameras and stealing cash, jewellery and imported liquor worth Rs 9 lakh.
In Utah, a groundbreaking road restoration initiative is underway on US Route 50, employing cold in-place recycling. This innovative method conserves 90% of existing materials, yielding estimated savings of $5 million. Additionally, it notably cuts down greenhouse gas emissions and energy use. While more suited for low-traffic routes, UDOT's future plans for I-70 reflect a commitment to eco-friendly road management.
FPIs pour Rs 21,715 crore into Indian stocks in 10 days; is record sell-off finally reversing?
Foreign portfolio investors infused $2.29 billion into Indian equities over 10 days, signalling improving sentiment. Strong corporate earnings, attractive valuations and potential LTCG tax relief could revive foreign inflows, while crude oil prices remain a key risk.
Noida (Uttar Pradesh) [India], November 3: Kiaasa Retail Limited has announced a major step forward in its retail expansion journey during this festive season with the simultaneous opening of four brand-new Exclusive Brand Outlets (EBOs), strategically located across prime high-street corridors and landmark retail destinations in North India.
Bombay HC invokes secular spirit, slams 'petty mindset', says restore Dia Mirza clip
The Bombay High Court expressed discontent over the removal of Dia Mirza's eco-friendly Diwali campaign video. Political objections led to the Brihanmumbai Municipal Corporation's decision to delete the clip. The court emphasized the need for a secular approach in environmental awareness efforts. Justice Gokhale criticized local politicians for not advocating for environmental issues effectively.
Fusion Finance shares surge 10% after strong Q2 results
Fusion Finance reported a profit before tax of 86.5 crore, up 39 per cent from 62.4 crore in the previous quarter
Mint Explainer | Why are premium European automakers betting on India?
European premium automakers have joined established players such as Mercedes-Benz, BMW and Jaguar Land Rover to expand in India. Why has India become important to these brands?
Ambience Mall, Vasant Kunj, Unveils 'A Lotus in Full Bloom', an 18-Foot Installation for Diwali
New Delhi [India], November 3: Ambience Mall, Vasant Kunj, has unveiled A Lotus in Full Bloom, an 18-foot artistic installation celebrating the spirit of Diwali. Inspired by the lotus, a symbol of purity, prosperity and spiritual awakening in Indian tradition, the installation brings together intricate golden motifs, vibrant pink hues and elaborate detailing to create a striking festive centrepiece.
Farah Khan has given her bedroom a complete makeover after being nominated by Karan Johar. From damp walls and dated flooring to a stylish vanity, designer wardrobe and statement lighting, the filmmaker's room now resembles a luxury hotel suite.
Wipro Consumer H1 revenue jumps 17% to 6,094 crore; eyes 20,000 crore by FY30
A 14.9% revenue increase in India and strong demand in Vietnam and the Philippines drive robust first-half growth for the FMCG firm.
Indian companies increasing R&D spending outperformed the NSE 500 TRI over five years, delivering 23.5% average annualised returns. Businesses combining strong research growth with higher R&D intensity achieved 32.5%, highlighting innovation's growing importance for investors.
Jewellery startup Giva raises $100 mn in funding round led by Multiples PE, others
This investment will enable Giva to strengthen its leadership team, build manufacturing capabilities and expand its offline presence.
Concord Control Systems posts near-doubling of revenue, PAT in H1 FY27
Profit after tax for the six months ended September 30, 2026, rose 94.9 per cent to 31.23 crore from 16.02 crore
ReNew to invest 9,000 crore in 1,500 MW pumped hydro project in Odisha
The renewable energy company has signed an MoU with the Odisha government for a 1,500 MW pumped hydro storage project in Ganjam district, part of its 45,000 crore investment plan
AstraZeneca India appoints new MD and Chennai centre head
Naveen Krishna Yamarthi will lead the next phase of GITC Chennais evolution
Aramco profit beats estimates after refining boom, oil surge
The higher earnings are a boon for the kingdom as it faces waves of attacks from Yemens Houthi militants that are pressuring the economy
Nalco posts best-ever half-yearly results as net profit rises 54% in H1FY27
State-run Nalco reports record production and sales in H1FY27, with total income rising 33 per cent to 11,143 crore and net profit climbing 54 per cent to 3,837 crore
NLC India revisits coal gasification plans; explores lignite, coal-based projects
Renewed interest in coal gasification is outside the companys 50,000 crore plan to develop 18 GW of renewables by 2032, including 3 GWh of BESS
Krystal Integrated Services posts 46% revenue jump in Q2 FY27
Profit after tax rises 42% to 18.67 crore on large orders
Personalised festive experiences key to brand loyalty for 72% of Indian shoppers: Survey
A recent survey indicates that 72 percent of Indian holiday shoppers prefer brands that provide personalized experiences. Consumers are increasingly seeking brands that demonstrate understanding of their preferences and offer seamless engagement. The survey found that 68 percent of respondents favor brands with an omnichannel presence for better communication. Additionally, shoppers are concerned about data security, which influences their loyalty just like festive offers.
Upsurge India leads 50 cr iD Fresh Food deal as Blue Ashva Capital exits
The secondary transaction involved the transfer of about 1 per cent equity in iD Fresh Food, whose revenue crossed 870 crore in FY26, as early investor Blue Ashva Capital exited
Knowledge Realty Trust posts record Q2 distribution, revenue jumps 13%
The Mumbai-headquartered office REIT declared a record quarterly distribution of 764 crore, an 11 per cent increase year-on-year
Emcure Pharma shares jump 7% after Q2 profit rises 29% YoY to Rs 325 crore
Emcure Pharmaceuticals shares rose up to 7.3% after the company reported a 29.3% year-on-year increase in Q2 FY27 profit to Rs 325.1 crore. Revenue grew 24.3%, while EBITDA rose 30.9%, supported by strong international business growth.
Zydus Wellness Q2 profit at 5 crore despite 75% revenue growth; exceptional costs weigh
The relatively modest bottomline came amid exceptional expenses of 3.42 crore during the quarter, including costs related to the liquidation of its subsidiary Naturell (India) Pvt Ltd and the acquisition of Comfort Click Ltd.
Pfizer Q2 results: Net profit rises 65.7% to 313 cr, income at 774 cr
Drugmaker Pfizer Ltd on Tuesday reported a 65.72 per cent increase in net profit to Rs 313.25 crore in the September quarter, driven by gains from exceptional items. The company had posted a profit of Rs 189 crore in the corresponding period of the previous fiscal year, Pfizer said in a regulatory filing. Pfizer has accounted for exceptional gains of Rs 132.06 crore in the September quarter from its parent entity Pfizer Inc USA following the sale of Minipress XL. Consequent to the decision, Pfizer Ltd discontinued the manufacture of Minipress XL from September 7, 2026, according to the filing. Its profit before tax and exceptional items stood at Rs 290.77 crore during the quarter under review, up 13.86 per cent year-on-year. It was at Rs 255.37 crore in the corresponding quarter of the previous fiscal year. Its total income rose to Rs 774.19 crore during the quarter under review from Rs 684.19 crore in the year-ago period. Pfizer reported an increase in total expenses to Rs 483.2
Tamilnadu Petroproducts Q2 net profit almost doubles
The company attributed the performance to stable demand and efficient cost management
Explainer: New building block: how project-wise insolvency will shield homebuyers
To shield buyers in financially sound projects from a developers default elsewhere, the insolvency watchdog IBBI has notified new regulations enabling the Committee of Creditors to recommend exclusion of healthy projects, even when the developer as a whole enters the insolvency resolution process.
Joy Alukkas announces 100 crore allocation to strengthen charitable initiatives
The allocation will be utilised to expand charitable activities, strengthen infrastructure and provide financial assistance to communities in need
Zydus Wellness Q2 results: Net profit at 5.1 cr, revenue up at 1,126 cr
Zydus Wellness on Tuesday reported a consolidated net profit of Rs 5.1 crore in the September quarter due to higher revenues. The company posted a net loss of Rs 52.8 crore in the corresponding period of the previous fiscal year, the company said in a regulatory filing. Its revenue from operations rose sharply to Rs 1,126.6 crore in the quarter under review, up from Rs 650.5 crore in the year-ago period, it added. Total expenses increased to Rs 1,125.4 crore in the July-September period from Rs 668.3 crore a year earlier. Zydus Wellness shares were trading 0.63 per cent higher at Rs 486.25 apiece on the BSE.
Bonus issue alert! Choice International to reward shareholders with 1:1 bonus shares. Check details
Choice International has approved a 1:1 bonus issue, its first such corporate action in two years. Under the proposal, shareholders will receive one bonus share for every share held on the record date, which will be announced later. The move will double the number of outstanding shares without changing the companys market capitalisation, while potentially improving stock liquidity and affordability.
IndiGo eyes deeper airline partnerships for long-haul push
Market access, rather than financial investment, to drive commercial tie-ups as airline prepares for A350 operations
LIC HFL clarified that the case against Chandra as a personal guarantor does not discharge or dilute the liabilities of the principal borrower companies.
SBI hunts for weak links after cyberattack
Amazon clocks over 50% growth in shopping volumes during its Great Indian Festival
One in two products delivered within minutes through Amazon Now, 70% of consumer visits came from beyond metros
