20 C 
A Vector Consulting Group study finds that 80% of surveyed pharmaceutical manufacturing professionals reported batch-release delays due to open investigations, highlighting how incident backlogs, documentation requirements and supervisory constraints can affect factory productivity.
The maximum fare for Vayu Vajra buses operating between Bengaluru and the airport has also been increased from 405 to 425.
Govt proposes immediate licence suspension for substandard drug makers
Draft amendments to Indias Drugs Rules would allow licensing authorities to immediately suspend manufacturers after a government analyst finds a medicine fails critical quality standards.
Tests underway for 15% isobutanol blend in diesel: Gadkari
The move is part of the government's push to promote biofuels, reduce dependence on imported crude oil and check vehicular emissions.
InterGlobe Aviation, which operates IndiGo, continued its quarterly losses to a third consecutive quarter in September. The airlines reported a net loss of 1,879 crore in the quarter.
Helen Chiang, who was appointed Xbox's first-ever chief operating officer in July 2026, has disputed reports about the circumstances of her departure from Microsoft.
India secures $400-bn investment commitments in renewables; ALMM review in 15 days
Pralhad Joshi, Union Minister for New and Renewable Energy told reporters that overseas investors have exuded confidence in India being a safe place for their investments.
World leaders who sparred with Trump express relief mixed with caution at Republican election rout
World leaders welcomed the Democrats' gains in the US midterm elections, hoping the setback for Donald Trump's Republicans could ease tensions over Washington's foreign policy. However, European and other allies cautioned that the results may not change Trump's approach to Iran, Ukraine, tariffs or NATO, as the president retains considerable freedom in foreign affairs.
Orkla Indias revenue rises 19.4% in Q2, but volume growth remains subdued
Orkla expects some of the margin pressure to ease as price increases taken after the latest round of industry-wide cost inflation begin to flow through.
Aurtus partners with WTS Global to boost cross-border tax and regulatory advisory services
Indian tax and regulatory advisory firm Aurtus has joined WTS Global, expanding cross-border services for Indian businesses and international companies. Founded in 2020, Aurtus has more than 75 professionals and offices in Mumbai, Delhi NCR, Ahmedabad and GIFT City.
Chalet Hotels Q2 net profit rises 40% to 216 crore, revenue falls 32%
Chalet Hotels reported a 39.6 per cent rise in Q2FY27 net profit to 216.3 crore, while revenue fell 31.7 per cent amid a sharp decline in real estate segment income.
Q2 Results Today, 04th November 2026 Updates: businessline brings you the latest quarterly earnings, outlook and more.
Centre earmarks 2,814 crore to boost lithium, nickel processing
In a social media post, Union Coal and Mines Minister G. Kishan Reddy stated the scheme would help strengthen domestic capabilities, boost manufacturing and reduce dependence on imports.
Anupriya Nagar is the co-producer of 2026's blockbuster film, Hanuman Ansh.
Century Plyboards Q2 net up 46% as all categories record strong volume growth
Plywood led the way with a growth of almost 29% in terms of revenue, says Executive Director Keshav Bhajanka
Aurtus joins WTS Global as member firm
International groups investing in or operating in India can reach Aurtus through WTS member firms in their home countries for Indian tax, transfer pricing, M&A and regulatory work
SBI to report RCom, Anil Ambani as wilful defaulters to credit bureaus
SBI has rejected Reliance Communications' representations against wilful defaulter classification and will report the company and its directors or guarantors to credit information firms
Mercedes invests 200 crore in localisation as GLC EV bookings top 1,000
Our challenge is to get the products to the market, says Santosh Iyer, MD and CEO
BSE Q2 net profit rises 45% to 809 crore, revenue up 34%
Exchange flags FPI outflows as a drag on equity market volumes; index options see record turnover in October, while all 500 co-location racks are allocated
Uber flags fuel-cost impact on India mobility business
Rising fuel prices are weighing on Uber's mobility operations in India and Brazil, where price sensitivity among riders and drivers is more pronounced, even as demand remains strong.
Mall owners, retailers say positive festival consumer momentum building up
From Navratri to Diwali 2026, industry observers expect total festive business to exceed 7 lakh crore
Orkla India Q2 PAT rises 19.2% to 91 crore, revenue up 19.4%
Revenue from operations grew 19.4 per cent to 776 crore, driven by strong growth in the spices business and domestic markets
PFAS, or per- and polyfluoroalkyl substances, are a group of manufactured chemicals widely used in products designed to resist heat, stains, grease and water.
Inside Virat Kohlis 80-crore Gurugram bungalow: 10,000 sq ft, hanging pool and geometric interiors
Virat Kohlis 10,000 sq ft bungalow in Gurugrams DLF City Phase 1 is reportedly valued at 80 crore. The property features a hanging swimming pool, a dedicated gym, expansive balconies and contemporary interiors.
Aurobindo Pharmas Q2 FY27 net up 32% at 1124 cr
The total revenue of the Hyderabad-based company grew 24 per cent
Steadfast invests 100 crore in nutraceutical manufacturing plant
The facility aims to contribute in building world-class research and nutraceutical manufacturing capabilities in India
Apollo Hospitals Q2 consolidated net profit up 32% YoY to 630 crore
Revenue in the quarter grew 23% YoY to 7,615 crore
Apollo Hospitals Q2 revenue rises 23%; profit up 32% on broad-based growth
Hospital business revenue grows 23% as occupancy improves to 73%; international patient revenue rises 37%; Apollo plans to add nearly 5,800 beds over five years
Dabur Global CEO Mohit Malhotra resigns, Herjit Bhalla elevated as whole-time director
Bhalla will continue to lead the growth agenda for the India business
eMudhra says TLS certificate security incident impacted 1% of revenue
eMudhra Ltd experienced a certificate security incident in October that impacted its TLS business revenue significantly. Following the incident, the company revoked the affected intermediary certificates to prevent further issues. Executive Chairman V. Srinivasan confirmed that no end-entity certificates were issued, maintaining the integrity of the infrastructure. KPMG was appointed as an independent external reviewer to investigate the incident thoroughly.
CEOs commit $400 billion on Indias clean energy push: Pralhad Joshi
Govt will examine investment proposals, says Minister
Apollo Tyres Q2 net profit up 13.5% YoY to 293 crore
Consolidated revenue from operations during the quarter rose by 16.6% YoY to 7,968 crore from 6,831 crore in the July-September period of last financial year (FY26)
Manipal signs 30-year lease with Thakral for 500-bed Gurugram hospital
Manipal Health Enterprises will develop and operate a multi-specialty hospital on 3.5 acres in Gurugram under a 30-year lease, with the estimated investment pegged at 750 crore
In an email sent to employees on November 4, Canva CEO Melanie Perkins outlined the changes and explained the reasons behind the decision.
Nykaa pushes quick commerce expansion as Q2 profit more than doubles
Nykaa Now is targeting a presence in more than 25 cities by FY27, as the beauty retailer looks to drive repeat purchases and incremental demand through faster deliveries. The company also reported a 207% year-on-year rise in Q2 net profit to 101 crore.
SIDBI raises 5,607 crore via five-year bonds at 8.17% coupon rate
SIDBI raised 5,607 crore through five-year bonds against a planned 6,000 crore issue, attracting bids worth over 13,300 crore amid a rally in the government bond market
HDFC Bank to offer deposits under Capital Gains Accounts Scheme
HDFC Bank has received government authorisation to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988. The facility will allow taxpayers to park unused capital gains in savings accounts or fixed deposits for up to three years while retaining eligibility for applicable tax exemptions and earning interest on their deposits.
Yeshwantpur Goa Vande Bharat duration: 54 kmph average speed makes it slower than superfast trains
Bengaluru-Goa Vande Bharat Express is expected to be flagged off this month. It will be running between Yeshwantpur and Madgaon.
JSW Dulux sees strong paint demand but struggles to pass on rising costs
The paint maker reported 21% volume growth in the September quarter but is absorbing part of rising input costs, wary that further price increases could dampen consumption.
Dr Lal PathLabs Q2 net profit rises 27.5% to 194 cr on volume growth
Dr Lal PathLabs reported a 19.6 per cent rise in Q2FY27 revenue to 874 crore as sample volumes grew 13.6 per cent and patient coverage increased 9 per cent
New Delhi [India], November 4: itel, one of India's leading value-segment consumer electronics brands, today announced that it has crossed 15 crore (150 million) cumulative customers in India, marking a decade of operations in the country. The milestone reflects the trust Indian consumers have placed in itel for accessible, dependable technology that meets their everyday needs. From first-time smartphone users in small towns to families upgrading from feature phones to smartphones and expanding into home appliances & electronics, itel has grown alongside millions of Indian households.
Dabur India net profit up 11.7% at 505.5 crore in Q2
The company said that the India FMCG business grew 10.75% on the back of 5.5% underlying volume growth
Dabur elevates Herjit Bhalla to board as Mohit Malhotra steps down as CEO
Herjit Bhalla will join Dabur India's board as whole-time director from November 14, while Mohit Malhotra steps down as global CEO after more than three decades with the company
SpaceX taps Qualcomm to power Starlink Mobile in challenge to Verizon, AT&T in US wireless market
SpaceX has partnered with Qualcomm to build terrestrial network infrastructure for Starlink Mobile, taking on US wireless giants Verizon, AT&T and T-Mobile.
Biocon Q2 profit halves to 41 crore as delayed shipments weigh on margins
Biocon's Q2FY27 net profit fell 52 per cent to 41 crore as delayed shipments worth $20 million hit margins, while revenue rose 2 per cent to 4,389 crore.
CVS Health plans to separate its roughly 9,000 retail pharmacies into a publicly traded company, CVS Pharmacy, in the first half of 2028. CVS Health will retain Aetna and Caremark. The move follows a strategic review as the company pursues cost cuts and works to improve its business.
Ather Energy among 15 stocks that hit 52-week highs and rallied up to 30% in a month
The Sensex gained 384 points to close at 77,301, while 15 BSE 500 stocks touched fresh 52-week highs. Ather Energy, PVR Inox, Marico and Indian Hotels featured among notable gainers, reflecting broad market momentum.
Sebi cancels registrations of 8 investment advisers for non-payment of renewal fees
Sebi has announced relaxed KYC requirements for Non-Resident Indians, Overseas Citizens of India, and foreign nationals. These changes will allow them to complete digital onboarding from FATF-compliant countries effectively. Intermediaries can accept KYC submissions without requiring physical presence in India. Video In-Person Verification is now permitted where in-person verification isn't feasible, enhancing compliance capabilities. The revised framework, effective from December 3, is aimed at simplifying the entire onboarding process.
ShareChat eyes late-2027 IPO as micro dramas drive profitability turnaround
ShareChat parent Mohalla Tech is eyeing a late-2027 IPO after two profitable Ebitda quarters, with micro dramas driving revenue growth and a turnaround in cash flows
Grasim, Suzlon join hands to develop recyclable wind turbine blades
Move will address the growing challenge of wind turbine blade waste
NPCI launches tech arm for AI, blockchain; names Vishal Kanvaty as CEO
NPCI Tech Solutions Limited will focus on AI, blockchain, digital financial infrastructure and GCC services, with NPCI chief technology officer Vishal Kanvaty named MD and CEO
Bakingo Partners with Chef Parth Bajaj to Launch Limited-Edition Diwali Collection
New Delhi [India], November 4: Bakingo, one of India's leading bakery brands, has collaborated with chef and digital content creator Parth Bajaj to introduce a limited-edition Diwali collection under its festive campaign, 'Mithai Got a Makeover'. The collaboration brings together Bakingo's baking expertise and Bajaj's creative approach to Indian flavours, offering a fresh take on traditional festive sweets.
Nykaa Q2 net profit nearly triples to 101 crore, revenue rises 28%
Nykaa's Q2FY27 net profit nearly tripled to 101.19 crore as revenue rose 28 per cent to 3,006 crore, driven by strong beauty sales, fashion growth and improved operating efficiency
GCCs power office Reit leasing as IT demand cools
The increased leasing by GCCs comes at a time when demand from IT services firms, once the largest office occupiers, has shrunk.
Unilever to invest 40 million in India R&D and bio-futures innovation
India is a critical global R&D center for Unilever. Indias emergence as a global innovation powerhouse presents an extraordinary opportunity said Unilever officials.
PhysicsWallah Q2FY27 profit doubles to 142 crore, revenue rises 18%
PhysicsWallah's Q2FY27 net profit rose to 142.29 crore from 69.72 crore a year ago, driven by higher enrolments, including a recovery in NEET admissions, and revenue growth
BSE Q2 net profit jumps 45% to 809 crore, board clears BKC plot proposal
BSE's Q2FY27 net profit rose 44.9 per cent to 809.15 crore, while revenue grew 34.1 per cent; its board also accepted MMRDA's offer for a plot at Mumbai's BKC.
Lenskart Q2FY27 net profit more than doubles to 232 cr, revenue up 32.5%
Ebitda rises 65 per cent to 392 crore as margins widen to 13.8 per cent; India same-store sales grow 20.8 per cent and international margins stay above 10 per cent for a second straight quarter
BLS International Services net profit rises 8% to 201.7 crore in Q2FY27
BLS International Services Limited on Tuesday reported an 8.6 per cent year-on-year growth in consolidated profit after tax at Rs 201.7 crore during the quarter ended September 2026. The company's PAT (profit after tax) stood at Rs 185.7 crore during the corresponding quarter of last year, BLS International Services said in a regulatory filing. Revenue from operations grew 32 per cent to Rs 972.7 crore during the quarter under review compared to Rs 736.6 crore in the same period last year. The company is advancing its AI-led technology ecosystem and future-ready workforce through investments in automation, secure infrastructure, strategic partnerships and employee upskilling. Looking ahead, we remain confident in our growth prospects, supported by our expanding global footprint, established government relationships, technology capabilities and the growing scale of digital services. We remain focused on disciplined execution, profitable growth and long-term value creation for our
Come January, RIL to launch Jamnagar of the East Coast with Andhra Coal Project
The company aims to complete its pilot project by mid-2028, running exploration and pilot work simultaneously
Amul butter, ghee prices hiked by up to 50 from 4 November | Check new rates
Amul has increases prices of its butter and ghee products by up to 50, as per a report. Its most popular Amul Butter now costs 66 from 63.
Shopy Circle Enterprises Announces Trademark Registration of YAJNAS Under Class 3
Rohtak (Haryana) [India], November 4: Shopy Circle Enterprises, a proprietorship concern owned and operated by Mr. Sanjay Kumar, is pleased to announce the successful registration of its brand YAJNAS under Trademark Class 3.
Ennature Bio Pharma lists on NSE and BSE, targets branded nutraceuticals growth
The portfolio includes thiocolchicoside, colchicine, nicotine, and vinpocetine, serving over 150 customers across 26 countries, with exports at 54% of segment revenue
'Mercedes-Benz sees India as future export hub; question is when, not if'
Global CEO sees scope for component exports ahead of vehicles; India's role in global R&D and sourcing to grow as luxury car market expands
India's payments authority NPCI forms unit to push into AI, blockchain tech
The National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will focus on advancements in AI, blockchain, and digital financial infrastructure. Vishal Kanvaty has been appointed as the managing director and CEO of the subsidiary. NTSL aims to enhance capabilities beyond NPCI's core payments responsibilities. The initiative highlights India's commitment to developing its banking and financial services technology landscape.
1Point1 Solutions posts 147% revenue jump, wins $10.8 million Costa Rica deal
Profit after tax rose 87% to 18.41 crore and for the first half of FY27, revenue stood at 333.28 crore and PAT at 34.72 crore, up 138% and 80% respectively
IndiGo reportedly in talks to buy 100 Embraer jets, may place order for 50 more: What we know
The proposed deal, which could be worth billions of dollars at list prices, would mark a significant expansion of IndiGo's aircraft portfolio beyond its existing Airbus narrowbody jets and ATR turboprop fleet.
Thangamayil Jewellery net profit flat at 59 crore
Gold jewellery sales rose 41 per cent to 2,119 crore in Q2 FY27
Redington Q2 PAT up 20% as IT infra spends grow
India revenue grew 67 per cent year-on-year, driven by DC investments, demand for PCs and mobility devices, and continued adoption of cloud and cybersecurity solutions
IMFA Q2FY27 net profit rises 50.62% to 148.77 crore on higher volumes
IMFA's Q2FY27 revenue rose 34.72 per cent to 968.17 crore, driven by higher ferrochrome output and sales, while its Kalinganagar expansion is set to boost capacity further
After 2,300 crore sellout, DLF will be launching the second phase of his debut project in Mumbai, The Westpark. The upcoming phase will see 135 residences across two towers.
AI delivers 50%-plus gains for top customer service performers, EY report finds
The report, based on more than 100 surveys and executive interviews, divides organisations into three tiers
Unilever pumps 35 million into India R&D, bets big on AI and bio-sciences
Its Mumbai and Bengaluru hubs to be transformed into AI-powered innovation centres
Nykaa reported a 207% year-on-year profit surge to Rs 101 crore in Q2FY27, with revenue rising 28% to Rs 3,006 crore. Beauty and fashion businesses accelerated growth, while quick commerce, owned brands and strategic acquisitions strengthened expansion.
The round also saw participation from Asiana Fund.
Biocon Q2 net profit falls 57.3%to 56.7 cr
Total income rose to 4,423.4 crore during the quarter; total expenses also stood higher at 4,361.9 crore
Razorpay gets Sebi nod for 5,000-6,000 crore IPO; eyes $5 billion valuation
The company submitted its draft IPO papers with Sebi through the confidential route in June
Lenskart Q2 Results: Profit zooms 122% YoY to Rs 227 crore; revenue grows 36%
Lenskart Solutions achieved a net profit of Rs 227.08 crore in Q2FY27, reflecting a 122.1% YoY increase. Revenue from operations rose to Rs 2,845.03 crore, marking a 35.7% YoY growth. Product margin improved to 64% compared to 63.4% in the same quarter last year. The company added 165 new stores in Q2FY27, enhancing its active store count to 3,624.
Razorpay gets Sebi nod for 5,000-6,000 cr IPO, eyes $5 billion valuation
Fintech firm Razorpay has secured approval from markets regulator Sebi for its proposed initial public offering (IPO) of Rs 5,000-6,000 crore, sources familiar with the development said on Wednesday. The company is targeting a valuation of around USD 5 billion through the public offering, they added. The development comes after Razorpay submitted its draft IPO papers with Sebi through the confidential route in June, initiating the process to tap the public markets. Founded in 2014 by Harshil Mathur and Shashank Kumar, Razorpay offers payment acceptance, banking, payouts, payroll, lending and other financial services through an integrated platform. The company serves millions of businesses across India, ranging from startups and small and medium enterprises to large corporates. Razorpay attained unicorn status in 2020 and has since expanded beyond payments into a broader financial services ecosystem for businesses. Its offerings enable merchants to manage collections, payouts, payr
Dr Lal PathLabs posts higher quarterly profit on strong diagnostic test demand
Dr Lal PathLabs announced a 27% increase in its second-quarter profit, with net earnings rising to 1.92 billion rupees. The company experienced a near 20% increase in consolidated revenue from operations during this period. A rise in healthcare awareness has fueled the demand for preventive health check-ups, contributing to these earnings. Dr Lal tested 13.6% more samples this quarter compared to the previous year.
Allcargo Logistics Q2 Results: Co posts Rs 19 crore profit; revenue rises 3.4%
Allcargo Logistics Ltd reported a positive shift in financial performance during the September quarter of FY27, achieving a consolidated profit after tax of Rs 19 crore. This demonstrates a year-on-year growth alongside a 3.4 percent increase in operational revenue. With the festive season on the horizon, the company anticipates further demand, focusing on enhancing capacity utilization and reinstating volume growth in the upcoming months.
As Canva restructures, how is AI reshaping creative businesses? | Explained
Canva says 1,271 jobs are affected by its reorganisation amid slowing growth. Adobe, Figma and Getty Images show how generative AI is reshaping products, costs and business models in the creative industry
Bayer CropScience Q2 profit rises 9% to Rs 166 crore despite 19% decline in revenue
Bayer CropScience Ltd has announced an impressive 8.84% growth in net profit, totaling Rs 166.2 crore for Q2 FY27. However, total income saw a 19.4% decline year-over-year, attributed to ongoing market challenges. Factors such as unpredictable monsoon patterns have disrupted both sowing and crop protection demand. In response, the company emphasizes efficiency improvements and portfolio enhancements, while the board has declared an interim dividend of Rs 90 per share.
Saregama India Q2 net profit jumps over 46% to Rs 64.2 cr, revenue grows 36.6%
Saregama India has reported an impressive 46.4 percent rise in its consolidated net profit for the September quarter. Alongside this, the companys operational revenue saw a 36.63 percent increase, with the music segment generating Rs 251.3 crore and live events thriving remarkably. The total income for the first half of FY27 reached Rs 587.28 crore, showcasing solid financial results.
Mint Explainer: Will IBBIs new rules speed up relief for stranded homebuyers?
By allowing viable housing projects to be separated from a developer's overall debt, the 30 October IBBI amendments aim to fast-track handovers and safeguard buyers who haven't filed formal claims.
New Delhi [India], November 4: The International Association of Stem Cell & Regenerative Medicine (IASRM) will organise Healthspan Standard 2027, a two-day scientific summit focusing on longevity research, healthy ageing and regenerative medicine, in New Delhi on April 10 and 11, 2027.
Google expands voluntary buyouts to 5 more countries after hiring spree: Is India included?
Google is expanding voluntary buyout offers to employees in Canada, France, Germany, Japan and Switzerland as it seeks to control costs while investing heavily in artificial intelligence.
Tanishq bets on late festive pickup, wedding demand to drive growth
Analysts, meanwhile, expect like-for-like (LFL) growth in gold jewellery to moderate to 22% from 33% in the previous quarter, as gold price inflation eases to 45% from 55%
Industry leaders want West Bengals proposed new industrial policy to deliver faster clearances, transparent land allocation, reliable infrastructure and incentives tied to job creation. Here's all we know:
Dainik Bhaskar sparks a meaningful dialogue with its latest Deepawali campaign: #GiftBeforeDiwali
Bhopal (Madhya Pradesh) [India], November 4: Every Diwali, Dainik Bhaskar's initiative 'Sarthak Deepawali' encourages people to make the festival more meaningful by sharing happiness with those who are less privileged and often excluded from festive celebrations.
