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Q2 Results Today, 29th October 2026 Live Updates: businessline brings to you latest Q2 announcements, earnings updates and more.
DoorDash could announce a deal to buy Instacart as soon as Thursday, in a transaction reportedly valuing the grocery-delivery company at about $17 billion.
Ambani magic captivates India once more with blockbuster deal
Jio Platforms Ltd. recorded India's largest IPO, raising $3.1 billion and experiencing a 27% rise in shares. The Ambani family strategically adapted the deal structure and lowered valuations to attract investors. Mukesh Ambani's son Akash played a significant role in this IPO process, marking a milestone for the Ambani dynasty. Jio's market valuation exceeded $130 billion, becoming India's second-most valuable company.
System failure, inexplicable decisions, 68 deaths: How Spains train collision unfolded
Spain is in three days of mourning following a train collision that resulted in 68 fatalities. The crash involved a state-operated train colliding with a stationary service run by a private operator. An automatic control system failure is believed to have led to the tragedy as traffic was resumed inexplicably. Emergency crews worked tirelessly to search the wreckage and assist injured passengers during chaotic scenes.
'So much gold!': Obama mocks Trump for supergluing gold medallions to Oval Office mantel
Nike deepens India push with new running shoe, seeking fresh growth engines
The running shoe launches on Flipkart on November 1 for 3,795 (~$40) after about five months of development, Nike says
Karwa Chauth is being celebrated on October 29, 2026, with traditional fasting and worship rituals. Married women observe a day-long fast for the long life and good health of their husbands. The rituals include a pre-sunrise meal called Sargi and evening puja with offerings to deities. The Karwa Chauth vrat katha highlights the importance of devotion for married life.
iPhone sales slump up to 30%: Is Apple's premium pricing strategy losing its shine this Diwali?
Apples iPhone sales in India have fallen by up to 30% around Dussehra as price increases, fewer festive discounts and longer replacement cycles weigh on demand.
Pidilite Industries Q2 profit up 7.16% to 626.46 cr
Pidilites quarterly gains come as revenue climb outpaces profit growth, with strong consumer demand and ongoing cost pressures shaping margins in H1 FY27.
Amazon has laid off around 250 employees in its devices and services division, with workers informed through early morning emails and text messages.
The ship has been carrying 203 passengers, mostly Americans, along with 156 crew members, according to Cambodian officials. It has a 650-passenger capacity.
Microsoft buyout: Why CFO expects very few of 60,000 to accept Voluntary Exit Offer
Microsofts finance chief has told staff she expects very few people to take up a voluntary exit offer extended to roughly 60,000 workers, pointing to growth opportunities at the company as the reason most are likely to stay.
UB expects Q3 profit growth to moderate on rising costs
United Breweries expects slower profit growth this quarter as raw material costs and marketing expenses increase. Regulatory delays are inhibiting price increases for nearly 30% of their operations, particularly in southern states. The company forecasts gross margins to decline slightly from the previous quarter's figures. United Breweries is prioritizing profitability over market share in specific regions amid intensified competition.
AI chip shortage could worsen in 2027: What Samsungs record $80 billion quarterly profit tells us
Samsung Electronics reported record third-quarter operating profit of 107.44 trillion won, up 783% year over year, as AI demand boosted chip earnings.
Nike deepens India push with new running shoe, Vegam Run, at 3,795
The sportswear giant will release the shoe on Flipkart on November 1, as it seeks to tap India's running boom and revive growth amid sales weakness in key markets, including China
Adani Enterprises Q2 net profit falls 55% despite 75% increase in revenue
Adani Enterprises saw a 55% drop in consolidated net profit for the September quarter. Revenue from operations increased by 75%, reaching 37,216 crore compared to the previous year. A notable decline in profit was attributed to an exceptional gain a year prior, while expenses rose sharply. The company plans to invest 35,000 crore to 40,000 crore annually in airports and data centres.
Jio listing propels Reliance past Tata Group as India's biggest conglomerate
The listing of Jio Platforms has significantly impacted India's corporate rankings, with Reliance Industries regaining the top position. Reliance's market capitalisation rose to approximately 30.26 lakh crore, overtaking the Tata Group. Jio's shares closed at 1,417.35, reflecting a 26.66% premium over the issue price. This transition highlights the challenges faced by other conglomerates, such as the Tata Group and Mahindra Group.
Jio Platforms breaks into global top 5 telcos after listing
Jio Platforms made its public listing in India, achieving a market cap of $137.3 billion. This valuation positions it as the fifth-largest telecom company worldwide, surpassing Deutsche Telekom. Global competitors like China Mobile and Verizon continue to lead in market capitalization. Jio's valuation reflects its advanced 4G and 5G networks, which differ from legacy infrastructures of global giants.
Shapoorji Pallonji Group seeks to raise up to $200 million to repay debt
Shapoorji Pallonji Group is currently planning to raise between $150 million and $200 million for debt management. The funds will primarily address obligations related to Porteast Investment Ltd. while aiding overall debt reduction. Discussions are ongoing, and the company aims to complete the financing by mid-November. Previously, the group borrowed around 44.5 billion rupees to cover amortization payments due at Porteast.
Jio Platforms draws bullish bets, analysts see up to 28% upside
Four brokerages have begun coverage on Jio Platforms just before its upcoming listing with favorable ratings. Nomura, Motilal Oswal Securities, and Elara Capital issued 'Buy' ratings indicating significant upside potential. Dolat Capital provided an 'Accumulate' rating with a higher target price suggesting a 28% increase. Analysts believe Jio Platforms may influence tariffs in the telecom industry substantially.
MSCI puts Polycab exit on hold amid insolvency case uncertainty
MSCI has decided to delay the removal of Polycab India from its indices amid insolvency uncertainty. The company was placed on the Insolvency Resolution Process board on October 7. However, the National Company Law Appellate Tribunal stayed the companys admission to the insolvency process on October 9. MSCI continues to monitor the status of Polycab India and any related orders from the NCLAT.
Mint Explainer | Anthropic IPO proves profitable gen-AI is hard. India on the same boat too?
Most generative AI companies incur incredibly high operating costs for servers in data centres, while adoption of their products remains either heavily subsidised or in its early stages.
MSMEs feel squeeze as polymer, freight costs rise
Margins of MSMEs that use polymers to make finished products have halved, while rising prices of crude oil from which polymers are made have strained their working capital
Indian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares experienced significant declines, falling more than 2%. The Nifty 50 index settled at 22,699, down 51 points, indicating ongoing resistance at 22,800. Several companies, including Jio Platforms and Hero MotoCorp, reported their quarterly earnings that impacted market sentiment.
D-Street poised for positive start as GIFT Nifty signals gains
Benchmark Nifty experienced a marginal decline after recovering from a significant low during the trading session. Analysts believe Indian equities may remain range-bound. The rupee weakened against the US dollar due to rising crude oil prices and a strengthening dollar. Foreign portfolio investors were net buyers on Wednesday, with significant purchases noted.
Sensex, Nifty fall as IT stocks slide, rising oil prices weigh
Indian equity markets took a hit on Wednesday, primarily due to declines in the IT sector and escalating crude oil prices. Both the Sensex and Nifty closed lower, showcasing investors' cautious mood amidst significant intraday drops. Key downturns were influenced by Reliance Industries along with various IT stocks, but the auto sector and select banking stocks sparked some buying activities that alleviated part of the losses.
Sebi to review FPI rules, align with global norms
The Securities and Exchange Board of India is set to release a consultation paper aimed at refining compliance requirements for foreign portfolio investors. Chairman Tuhin Kanta Pandey highlighted the progress in the onboarding of international funds while pointing out the heavy compliance burden in India. Sebi is also considering the possibility of self-listing for stock exchanges despite the challenges that may arise.
Lab Rats series: Unlocking the kidney for therapy with Helex
Hyderabad-based Helex Inc is working on a first-in-class mechanism to deliver gene editing drugs safely into the kidneysa massive medical challenge currently. They not only want to do it first, but also develop it to be affordable for most Indians.
AI-powered cyberattacks siphon 300 crore from small NBFCs in two months
Recent cyberattacks have inflicted an estimated loss of 300 crore on India's non-banking financial companies, with around 150 fraud cases reported. Focus has shifted towards identifying Chinese hacking platforms and AI toolkit involvement in these incidents. Exploiting operational weaknesses, these cybercriminals persistently launch their attacks, leading to urgent calls for NBFCs to bolster their cybersecurity frameworks to fend off further threats and safeguard their operations.
Gautam Adani explores 3 billion acquisition of Dutch energy storage group VTTI
The potential deal could expand Adani Groups global infrastructure portfolio as energy supply disruptions increase the value of storage facilities
On Wednesday, the Union cabinet approved a 3% increase in dearness allowance for employees and pensioners. This increase is expected to benefit over 11.6 million individuals ahead of the festive season. The change will take effect retrospectively from July 1, costing the exchequer 10,016 crore. Additionally, the government revised dearness allowance rates for employees under the Fifth and Sixth Pay Commissions.
Aisshpra Gems & Jewels Marks Major Expansion with Four New Showrooms in One Day
Lucknow (Uttar Pradesh) [India], October 28: Aisshpra Gems & Jewels, a jewellery retail brand with a legacy dating back to 1940, has expanded its retail presence by opening four new showrooms in a single day across Bahraich, Bettiah, Lucknow and Mirzapur. With these launches, the company's store network has grown from 16 to 20 stores. It aims to expand this network to 30 stores by March 2028, strengthening its presence across Uttar Pradesh and Bihar.
India's banking sector poised for double-digit credit growth despite macroeconomic challenges
India's banking sector exhibits confidence in achieving sustained double-digit credit growth across various segments. Demand for retail and SME lending is primarily driving this credit growth, according to the FICCI-IBA Bankers' Survey. Respondents show optimism about the emerging revival in private-sector capital expenditure and improved asset quality. A significant majority anticipates that both retail loans and SME credit will continue to grow robustly.
Vedanta cuts debt by Rs 4,624 crore in September quarter as net profit jumps 151%
Vedanta reported significant financial growth, achieving record revenue and net profit in the September quarter. The company's consolidated revenue increased by 57% year-on-year to 25,812 crore while Ebitda doubled to 9,938 crore. After a recent demerger, Vedanta plans to eliminate debt, nearing completion in the upcoming quarter. The company has successfully reduced its debt by nearly 10,000 crore in recent months. Shares of Vedanta closed 3.
Bandhan Bank to face a Rs 200 crore hit from insurance norm change
Facing an anticipated Rs 200 crore dip in income from proposed cuts to insurance commissions, Bandhan Bank's managing director, Partha Pratim Sengupta, warns of potential ripple effects across the banking industry. To counter these challenges, the bank is set to reshape its business model and focus on enhancing mutual fund distribution. Moreover, its limited exposure to drought-impacted regions in Karnataka and Maharashtra helps mitigate overall financial risks.
Private equity is significantly altering how professional services firms are owned and operated. AI is expected to redefine the delivery and pricing of services in these firms. Industry experts suggest that growth in India may mirror trends seen in the US market. The old partnership model is likely to face increased pressure from emerging competition. These shifts may hasten the separation of audit and consulting functions at major firms.
GSFC plans Jamnagar acid plant to cut fertiliser input import dependence
In a major move, Gujarat State Fertilizers and Chemicals has announced plans to establish a new plant in Jamnagar dedicated to the production of sulphuric and phosphoric acid. This facility will play a crucial role in ensuring the availability of essential raw materials for phosphate fertilizers, particularly in light of increasing prices driven by geopolitical tensions.
Apple Unveils Touch-Screen MacBook Pro, Reversing Long-Held Jobs Stance
After two decades of spurning the idea, Apple Inc. unveiled an overhauled MacBook Pro that includes a touch screen, giving its flagship laptop a feature that has become a must-have in the personal computer industry.
Exclusive-US DOJ is inquiring about Nvidias purchase of Hugging Face, sources say
NVIDIA-DOJ-HUGGING-FACE:Exclusive-US DOJ is inquiring about Nvidia's purchase of Hugging Face, sources say
How India Shops for Beauty & Wellness
New Delhi [India], October 28: India's beauty and wellness shoppers discover products on social media but buy on trust. Built on the voices of 7,783 verified Indian consumers across metros and Tier 2 and Tier 3 cities, and deepened by one-on-one interviews, Hercules' new outlook shows what drives their choices: authenticity over speed, performance over prestige, and sleep as the new health goal. Click to Download the Full Report Free.
Anthropics IPO filing says its co-founders hold 50.1% of the voting power on certain matters, while the company could reach a $1.5 trillion valuation. The filing also reports how much Claude contributed to Anthropics codebase in September.
Billionaire Gautam Adani, Indias richest person, is exploring a potential acquisition of Dutch energy storage group VTTI as supply disruptions make the facilities more valuable for energy trading, people familiar with the matter said.
KPIT Technologies Q2FY27 results: Net profit declines 29% to 121 crore
KPIT Technologies' Q2 net profit fell nearly 29% to 121 crore as Chinese competition weighed on global automakers, slowing client decisions, while revenue rose 6.5% to 1,691 crore.
Composer and singer Salim Merchant has purchased commercial premises in Mumbai's Santacruz with four other buyers for 12.85 crore, according to CRE Matrix. The deal, registered on October 7, includes 1,285 sq ft of carpet area and a parking space, with Merchant holding a reported 50% stake.
PVR INOX Q2 profit up 2-fold at 263.1 cr on strong box office performance
Leading cinema exhibitor PVR INOX on Wednesday reported a two-fold increase in its consolidated net profit to Rs 263.1 crore for the September quarter, led by strong box office performance. The company reported a net profit of Rs 105.5 crore for the July-September quarter a year ago, according to a regulatory filing. PVR INOX revenue from operations rose 16.97 per cent to Rs 2,105.1 crore in the September quarter of FY27, the company said, its highest-ever quarterly revenue. It posted revenue of Rs 1,799.6 crore in the corresponding period in the last fiscal. Total expenses were Rs 1,788.2 crore in the September quarter, up 5.86 per cent. The company recorded its highest-ever quarterly box office performance, with admissions rising 4 per cent to 4.63 crore. Its occupancy improved to 30.4 per cent from 28.7 per cent in the year-ago period. PVR Inox said this is also its its highest-ever quarterly figure. In addition, its average ticket price (ATP) and spending per head (SPH) ro
Chennai Metro Phase II: How Hitachi Rail's 1,620 crore contract will power driverless trains
Hitachi Rail's CBTC system automatically manages train movement, including acceleration and braking. It also calculates suitable operating speeds in real time, allowing trains to run at intervals of up to 90 seconds.
The company expands beyond hygiene and personal care to build a wider women's health and wellness brand. Talking to Livemint, co-founder Rithish Kumar opened up about the new launch, Within.
Adani Airport, foreign airlines deadlocked over Mumbai airport shift
Carriers want until October 2027 to move some international operations to Navi Mumbai, but Adani Airport plans to begin cutting capacity at the existing airport in April.
U.S. FDAs VAI tag for Dr. Reddys unit in Srikakulam, inspection closed
JSW Energy Q2FY27 results: Net profit grows over 38% to 1,141 crore
JSW Energy on Wednesday reported an over 38 per cent year-on-year rise in consolidated net profit to Rs 1,141 crore in the September quarter, driven by higher revenues. The company had posted a net profit of Rs 824 crore in the second quarter of the preceding financial year, JSW Energy said in an exchange filing. During July-September, the company's total income rose to Rs 6,657.71 crore from Rs 5,361 crore in the year-ago period. The board of JSW Energy also approved raising of long-term funds up to Rs 5,000 crore through the issuance of rated and listed non-convertible debentures on a private placement basis, in one or more tranches, and authorised the Finance Committee to decide on all matters relating to the issuance of the debentures, from time to time, including finalisation and approval of the detailed terms of issue, the filing said. The company's current installed capacity stands at 15,147 MW, of which renewables account for 9,189 MW, or 61 per cent. The renewable portfoli
Centre releases Rs 78 crore for senior citizens' welfare scheme
The ministry said it has released funds under the Integrated Programme for Senior Citizens (IPSrC), a component of the Atal Vayo Abhyuday Yojana (AVYAY), for the financial year 2026-27.
Karnataka, DGFT to host state-level workshop to help exporters leverage FTAs
On October 30, a workshop will be organized by the DGFT, Karnataka government, and FIEO in Bengaluru. The event aims to enhance Karnataka's export competitiveness and awareness of Free Trade Agreements. Nearly 200 participants, including exporters and industry officials, are expected to attend. Technical sessions will cover opportunities in various sectors and policy interventions under new FTAs. Senior officials and the state minister will address attendees at this important event.
LOHUM ropes in 2010 Nobel laureate to lead materials science research
Konstantin Novoselov will helm LOHUMs new technology incubator.
Meesho flags higher festive and tech costs in Q2 as margins improve
Contribution margin improved to 6% of NMV in Q2, but the e-commerce platform expects elevated customer acquisition and server costs to temper near-term gains.
HULs D2C, quick-commerce push grows as drought clouds rural demand
Hindustan Unilever is expanding its digital-first beauty portfolio as quick commerce reaches 5% of its business. CEO Priya Nair sees opportunities among affluent consumers but acknowledged risks to rural incomes from weak monsoons.
Amit Kalyani takes over as chairman of Kalyani Steels
The move was part of a planned leadership transition from Babasaheb Kalyani, who has chaired the Company since its incorporation
Satin Creditcare Q2 profit surges over three-fold as asset quality improves
Satin Creditcare Network reported a more than three-fold rise in consolidated net profit to Rs 176 crore in the second quarter, helped by lower microfinance provisions, portfolio growth and improved asset quality. Its gross NPA ratio improved to 1.9% from 3.5% a year earlier, signalling a recovery from earlier stress.
Jio Platforms debuts at 21% premium as Sensex slides; valuation tops 12 lakh crore
With a market capitalisation of around 12.5 lakh crore, JPL overtook Bharti Airtel to become Indias second-most-valued listed company after parent Reliance Industries.
Fortis Healthcare acquires Suguna Hospital in an all-cash 277-crore deal
Commissioned in 2006, Suguna Hospital is a 110-bed facility on Dr Rajkumar Road in Rajajinagar, north-west Bengaluru
Cholamandalam Investment and Finance reported a 41% rise in second-quarter net profit to Rs 1,630 crore, helped by strong income growth, higher loan disbursements and lower loan losses. The companys board approved a proposal to raise up to Rs 5,000 crore through a qualified institutional placement.
Hero MotoCorps Q2 FY27 net profit up 42% y-o-y 1,861 crore led by strong sales
Consolidated revenue from operations also grew by 23.4 per cent y-o-yYoY to 14,970.5 crore in the July-September quarter
India needs $220 billion for green power transition by FY30
Speaking at the press curtain raiser of the the Bharat Renewable Energy Summit & Expo (2026), Mr. Sarangi mentioned that India had secured private investment of $64 billion in the sector.
Adani said to weigh deal for 3 billion energy storage firm VTTI
Billionaire Gautam Adani is reportedly exploring a potential acquisition of Dutch energy storage group VTTI. Supply disruptions have made VTTI's facilities increasingly valuable for energy trading, attracting multiple suitors. A deal could value VTTI at around 3 billion, with IFM Investors and Vitol owning significant stakes. Adani Group has been evaluating international acquisitions to accelerate its growth in various sectors.
Vedanta explores Rs 80,000 crore investment in West Bengal, says Anil Agarwal
In a bold move, Vedanta Group's Anil Agarwal announced an investment strategy of Rs 70,000-80,000 crore in West Bengal, set to foster job creation for around 10,000 individuals. He conveyed confidence in the state's manufacturing potential and the necessity of leveraging local resources. This announcement came during a key meeting at Nabanna, highlighting Agarwal's commitment to positioning India as a manufacturing powerhouse on the global stage.
Vedanta Aluminium Metal net doubles on firm prices
Revenue increased 41 per cent to Rs 22,066 crore (Rs15,670 crore). EBITDAEbitda was up 83 per cent at 10,192 crore
Schott Poonawalla now becomes Schott Pharma, as it strengthens presence in specialty glass market
Roy Joseph, CEO & Managing Director, Schott Pharma India Private Ltd, said, the company remained focussed on growing and contributing to the safe and reliable delivery of critical therapies to patients worldwide
Indian-origin engineer Rajesh Ambati has been promoted to vice-president of engineering at Apple after nearly 18 years at the company. He oversees connectivity, cellular and satellite software as Apple reshapes its leadership under CEO John Ternus.
Jio IPO windfall brings mega party, early salaries, and bonus bonanza
Asia's richest man, Mukesh Ambani, is known for throwing lavish weddings for his children. On Wednesday, he brought that trademark scale of celebration to a corporate milestone, hosting a mega party for thousands of employees at Reliance Corporate Park to mark the blockbuster stock market debut of Jio Platforms Ltd. The celebrations extended beyond the party: October salaries have been paid early on October 15, and 75 per cent of employees' annual cash bonus or performance-linked incentive for the 2026-27 fiscal year was disbursed on Wednesday, months ahead of the usual post-financial-year payout. Thousands of employees and their families gathered at Reliance Corporate Park in the afternoon to celebrate the listing of the digital and telecommunications business, which raised a record Rs 30,213 crore in its initial public offering and thereafter saw a bumper listing on Wednesday. Dozens of food stalls serving street food, dance performances and jam sessions blending devotional music
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets closed lower on Wednesday as rising crude oil prices and Middle East tensions hurt sentiment. Sensex fell 353 points to 73,246, while Nifty slipped 51 points to 22,699 despite a late recovery.
The group would examine the viability of setting up the projects in the State
Premiumisation and policy reforms can drive beer category growth: UBL CEO and MD
EBITDA margin expanded 480 basis points to 11.9 per cent, while EBIT margin rose 441 basis points to 8.4 per cent
Weak returns at home fuel India's overseas retail investing boom
Indian retail investors are increasingly venturing into global markets, significantly boosting their overseas investments. In response, domestic asset managers are introducing new funds to meet the rising demand for international exposure. With the Reserve Bank of India's limits on overseas investments nearing their cap, many investors are exploring tax-friendly locations like GIFT City.
PhysicsWallah, Startup India tie up to support 25,000 early-stage startups
The two-year partnership will support grassroots entrepreneurs through structured training, mentorship, incubation, investor access and seed funding, with a focus on smaller cities and rural areas
Billable hours are giving way to value-based pricing: Eisners Charles Weinstein
In an interview, the CEO of Eisner Advisory Group discusses the imminent collapse of traditional hourly rates, the firms deployment of 11 homegrown AI audit tools, and how mid-tier firms can compete with Big Four GCCs.
TVS Motor consolidated Q2 net profit rises 47%
Company plans the launch of Norton motorcycles in India in coming months
Reliance Industries seen posting double-digit Q2FY27 EBITDA growth on strong O2C, Jio performance
The Mukesh Ambani-controlled conglomerate, which is scheduled to announce its results on October 30, is expected to deliver stronger sequential performance, led by 12 per cent quarter-on-quarter growth in O2C EBITDA, as stronger middle-distillate cracks outweigh weaker petrochemical spreads, according to Equirus Securities
From President Murmus ADC to streetwear: Major Rishabh Sambyal teams up with Bonkers Corner
Retired Major Rishabh Singh Sambyal, former Aide-de-Camp to President Droupadi Murmu, has collaborated with streetwear label Bonkers Corner on a clothing collection featuring hoodies, a jacket and shirts.
Hyundai India Q2 net profit falls 24% to 1,196 crore on high commodity cost
The second half would see accelerated momentum, with the launch of the Bayon marking the beginning of the companys golden product cycle
USL Q2 PAT falls 2.1% to 462 crore; state policies hit popular portfolio
The Prestige & Above (P&A) segment grew 6.3%, supported by local-flavour innovations in Smirnoff, the relaunch of J&B Scotch and growth in the luxury portfolio
Adani Enterprises revenue jumps 75% as new businesses ramp up; Adani Ports raises FY27 guidance
Copper smelting and Navi Mumbai airport boosted Adani Enterprises revenue, while Adani Ports lifts its growth outlook and is planning higher capital spending.
DPR for proposed Tuticorin Shipyard in six months: Sarbananda Sonowal
The proposed shipyard, backed by a nearly $4 billion investment from South Korea's HD Hyundai, is expected to become India's largest commercial shipyard once operational
Info Edge CEO Hitesh Oberoi to step down after 27 years
Founder Sanjeev Bikhchandani's appointment and redesignation as executive vice chairman, managing director, and group CEO have been approved by the board, effective 3 December 2026, subject to shareholder approval.
Indian industry has become aware of carbon emissions, says CIIs Narayan Sethuramon
Indian industry is becoming aware of the impact of European carbon emissions regulations on their competitiveness. The expected India-EU Free Trade Agreement will create opportunities for growth in the coming years. Different categories of buyers are emerging, with some looking to diversify sources away from China. Key sectors such as textiles and defense are poised to benefit from these trade dynamics.
Hero MotoCorp Q2 Results: Profit surges 41% YoY to Rs 1,861 crore, revenue jumps 23%
Hero MotoCorps Q2 FY27 consolidated profit rose 41% to Rs 1,861 crore, while revenue increased 23% to Rs 14,971 crore. Scooter sales, 100cc motorcycles and VIDA electric scooters boosted growth, alongside international expansion and investments.
Meesho Q2 net loss narrows 68% to 132 crore as revenue rises 34%
Quarterly net loss narrowed to Rs 132 crore, while revenue jumped 34 per cent to Rs 4,132 crore as higher orders, festive demand and improving margins strengthened platform economics
Tata Sons feud draws Rahul Gandhi, Nirmala Sitharaman into public spat
The exchange marks a rare public intervention by senior political leaders in the leadership dispute at Tata Sons, the holding company of the Tata Group. For months, the battle had played out through boardroom discussions, letters and legal opinions.
Hyundai Motor India Q2 FY27 net profit declines by 24% y-o-y to 1,196.1 crore
Profit fall comes despite total revenue from operations rising to 20,696 crore from 17,461 crore a year ago
L&T aims to nearly double order book to Rs 15 lakh crore by 2031
Company focus on energy, manufacturing, electrolysers, date centres as future areas of growth.
L&T aims to nearly double order book to Rs 15 lakh crore by 2031
Company focus on energy, manufacturing, electrolysers, date centres as future areas of growth.
