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Mumbai (Maharashtra) [India], November 5: Ageas Federal Life Insurance, one of India's leading private life insurers, today launched Wealth Infinity Plan, a unit-linked life insurance plan that brings together long-term wealth creation and life insurance protection. Designed around two different financial horizons 1. Building towards a goal 2. Planning for the next Generation - the plan promises customers the freedom to choose investment funds and strategies that support each life stage.
Northern Arc Diversified Debt Fund Raises Rs. 400 Crore+
Mumbai (Maharashtra) [India], November 5: Northern Arc Investment Managers Private Limited (Northern Arc Investment Manager), the asset management subsidiary of Northern Arc Capital Limited, a diversified financial services platform has announced the first close of its Northern Arc Diversified Debt Fund, with commitments exceeding Rs. 400 crore from institutions, family offices, ultra-high-net-worth individuals (UHNIs) and high-net-worth individuals (HNIs). This fund is Northern Arc Investment Manager's 15th private credit fund, a sector-agnostic Category II Alternative Investment Fund (AIF) focused on performing private credit opportunities. Rated AA (SO) by CareEdge Ratings, the fund targets a corpus of Rs. 1,500 crore, with an additional greenshoe option of Rs. 500 crore, taking its potential size to Rs. 2,000 crore, with a tenure of five years, the fund targets 16% XIRR.
The Nov. 915 horoscope singles out Cancer, Virgo and Libra for potential gains in money and work.Cancer could find a partner for a stalled project, while Virgo may feel ready to ask for better pay.
Bombay HC directs inclusion of six Goa family members in voter list during SIR
The Bombay High Court affirmed that the Representation of the People Act remains effective during the electoral rolls revision process. It directed the Electoral Registration Officer of Santa Cruz to include the family names in the voter list. The family had applied for a change of address, but their request was initially denied. Following multiple rejections from electoral officials, the court intervened to ensure their voting rights.
KFC to team up with Marvel in its most expansive collaboration to date. Check when and where it will be available.
Britannia Q2 net profit rises 10.8% to 726 crore on volume growth
Bakery food company Britannia Industries Ltd on Thursday reported an increase of 10.82 per cent rise in consolidated net profit to Rs 725.99 crore for the September quarter of FY27, on a year-on-year basis, led by volume growth. The company had posted a net profit of Rs 655.06 crore in the July-September quarter a year ago, according to a regulatory filing from Britannia Industries. Britannia Industries' revenue from the sale of products was up 16.6 per cent to Rs 5,541.57 crore in the September quarter. The sales growth was led by volume growth of 13 per cent, said Britannia Industries in its earnings statement. Its revenue from operations was up 15.64 per cent to Rs 5,597.79 crore in the second quarter of FY27. It was at Rs 4,840.63 crore in the corresponding quarter. Britannia's total expenses were at Rs 4,690.47 crore, up 17 per cent in Q2, FY27. Its total income, which includes other income, was up 15.9 per cent to Rs 5,671.30 crore in the September quarter. Commenting on
Anthropic is rapidly accelerating AI development amid slowdown calls, outside research group says
Anthropic is rapidly accelerating AI development amid slowdown calls, outside research group says
Mehli Mistry contests removal from Tata Trusts, counters governance claims
Mistry questions the validity of the resolution ending his trusteeship and seeks scrutiny of the eligibility of trustees who voted against him
Dabur India has appointed India business CEO Herjit Singh Bhalla as an additional and whole-time director for five years from November 14, subject to regulatory clearances. Global CEO Mohit Malhotra will step down on November 13, 2026, after nearly three decades with the company.
Bharti Airtel net profit rises 24% to 10,710 crore in September quarter
Bharti Airtel's India revenue grew by 9.4% to 42,308 crore
Jio launches voice-only plans from 147: How do prices compare with Airtel and Vi?
Jio's voice-only prepaid offerings start at 147, which comes with a validity of 22 days. At the higher end, the company offers a 1,748 plan with a validity of 336 days.
RBI proposes 100-crore priority sector lending limit for agri infra, food processing
Under the draft rules, loans for agriculture infrastructure will be eligible for PSL classification subject to an aggregate sanctioned limit of 100 crore per borrower across the banking system. A similar limit has been proposed for food and agro-processing activities.
Mehli Mistry questions Noel Tatas citizenship, tax residency status
Mehli Mistry said Noel Tata is an Irish citizen and a holder of a UAE Golden Visa
ONGC Q2 profit rises 57% to 15,489 crore on higher crude oil realisations
Higher crude oil realisations boosted earnings, while the state-owned energy major outlined investments to strengthen production and expand future hydrocarbon potential
Amid growing U.S. opposition to data-centre expansion, company commits to bearing electricity and grid infrastructure costs, publishing water and power consumption, and working with unions on local hiring and training; proposes measures to make data-centre developers more accountable
LIC has asked Irdai for global-style caps on distribution costs and more time to meet them, while saying it backs the push for lower costs. Its quarterly profit rose 20.1%, and it doesnt expect the IDBI Bank stake sale to hurt its bank sales much.
Trai proposes framework for satellite-to-phone services
The new framework will allow satellite companies to provide network infrastructure and capacity to telecom operators. It would allow telcos, satellite communication providers to expand their offerings and tap new revenue streams, once permitted.
The secondary share sale, which began in July, allowed existing investors, including employees, to sell their holdings to other investors. The transaction did not involve the issuance of new shares by Revolut.
Paras Healthcare posts Rs 40 crore Q2 net profit in first results after listing
Paras Healthcare announced a profit after tax of Rs 40.35 crore in the September quarter. This performance shows a significant increase from the net profit of Rs 12.38 crore reported last year. Revenue from operations reached Rs 510.89 crore, with expenses at Rs 463.12 crore during the same period. The company utilized a portion of its IPO proceeds to strengthen its balance sheet.
Emami Q2FY27 net profit falls 2.8% to 144 cr, revenue rises 36.2%
Emami's September-quarter revenue rose 36.2 per cent on strong domestic growth, but net profit declined 2.8 per cent following the phase-out of tax benefits at its Assam unit
CBG blending at 1.7% in H1; pipeline connectivity key to achieving 3% target
India has a target of blending 3% CBG into D-PNG and CNG by the end of current fiscal, 4% in 2027-28 and 5% in the subsequent year.
Titan misses Q2 revenue estimates but beats profit view as jewellery demand holds up
Demand for gold coins and investment products remains subdued, even as Titan sees stronger traction in lower-caratage jewellery and 24% growth in its jewellery portfolio.
PhysicsWallah Q2 net profit more than doubles to nearly 144 crore as revenue rises 18%
PhysicsWallah Q2 net profit more than doubles to 143.63 crore as revenue rises 18%, driven by online growth and higher NEET enrolments.
The successful completion of the trial run is expected to pave the way for the underpass's formal opening, potentially bringing relief to residents of Greater Noida West and daily commuters travelling through the junction.
Berger Paints misses Q2 profit estimates as raw material inflation squeezes margins
Berger Paints September-quarter profit rose 5% to 216.88 crore, missing analyst estimates as raw-material costs surged faster than prices. Revenue grew 13.2%, while gross margins narrowed.
BEML Q2 net profit falls 31% to 33 crore despite 42% revenue growth
The defence and infrastructure equipment maker reported an EBITDA of 80.3 crore for the quarter, up 10% from 73 crore in the year-ago period
B2C e-commerce funding falls 33% to $1.6 billion in 2026 YTD; late-stage deals slump
The sector recorded 356 funding rounds between January 1 and November 3, 2026, compared with 621 rounds in 2025
Godfrey Phillips Q2 profit down 37% to Rs 190 cr; revenue up twofold at Rs 4,198 cr
Godfrey Phillips India Ltd reported a significant 37.73 percent decrease in net profit for the September quarter, primarily driven by a substantial tax increase from the previous fiscal year. Despite this, the company's total consolidated income surged to Rs 8,139.64 crore during the first half of FY27. To counteract the volumetric impact from rising taxes, a tactical pricing strategy was implemented.
Nalco's 30,000 cr brownfield aluminium smelter expansion gathers pace
The state-run aluminium producer plans to add 0.5 mtpa of smelting capacity by 2030-31, with land acquisition, technology partnerships and captive power arrangements progressing
Mahindra exits Finland, Turkey farm units, revamps Japan operations in move to cut overseas losses
Shifts focus to aerospace segment, targets 12-fold increase in revenue by FY30
Indias RE push is well-suited for the Global South: Joshi
Need $220 b to achieve 500 GW of non-fossil fuel capacity, says MNRE Minister
Who is Cat Wu? Claude Code product chief joins OpenAI days after quitting Anthropic
OpenAI hires Anthropics Catherine Wu, who helped turn Claude Code into a commercial success, as it steps up competition in AI coding.
ONGC Q2 net profit jumps 57% on higher crude, gas realisations
Along with the results, the company declared an interim dividend of 8 per equity share.
Flipkart customers have complained on social media about alleged delayed deliveries, repeatedly changing arrival dates, cancelled orders and deductions from refunds during the festive shopping season. The complaints include an iPhone 17 order delayed beyond its promised date.
Fortis Q2 net profit falls 2.5% on higher expenses, lower exceptional gain
Fortis Healthcare's Q2FY27 net profit declined to 320 crore as expenses rose, while revenue grew 17 per cent to 2,735 crore, driven by hospitals and diagnostics
Titan Q2 profit more than doubles on one-off gain; adjusted PBT growth at 18%
Total income rose 14 per cent to 21,430 crore in Q2 FY27, up from 18,837 crore in the year-ago period
Noel Tata to retire as Titan Company vice-chairman on November 12
Noel Tata will retire from Titan's board after more than 23 years, while the company's Q2FY27 net profit rose 113.7 per cent to 2,393 crore, aided by a one-time gain
LG Electronics India enters automotive solutions market; Q2 profit up 26%
Q2 net profit rises 25.7 per cent to 489 crore as revenue grows 19.5 per cent; company plans to manufacture automotive infotainment and telematics solutions at Sri City
Mistry fires fresh salvo at Tata Trusts, questions Noel Tatas citizenship
M&M Q2 PAT rises 25% to 4,588 crore on strong auto, finance performance
Auto continued to grow on the back of strong consumer demand, while Farm experienced a marginal decline on account of the festive season shift.
M&M Q2 PAT rises 25% to 4,588 crore on strong auto, finance performance
Auto continued to grow on the back of strong consumer demand, while Farm experienced a marginal decline on account of the festive season shift.
Suzlon targets 10 GW business in Karnataka in 5 years; plans two wind parks, blade plant
The two parks are only the beginning of Suzlons plans for the State, Jagdale indicated, adding that the company was also looking to establish a blade manufacturing plant in Karnataka
Govt bond yields retreat from days lows on profit booking; rupee ends up
Indias 10-year bond yield rebounded from an early low to close at 7.17% as banks likely booked profits and traders waited for Fridays big auction.
Glenmark Pharma Q2 Results: Net profit plunges 56% to Rs 264 crore, revenue down at Rs 4,247 cr
Glenmark Pharmaceuticals experienced a 56.78 percent drop in consolidated profit after tax during the September quarter. Total revenue from operations decreased to Rs 4,247.32 crore compared to the previous year. The company's total expenses also decreased during the same period, indicating some operational efficiency. A subsidiary of Glenmark Pharma entered into a settlement for USD 15 million with Humana Inc.
Adani Ports to enter Europe with 2.56 billion buyout of Evos
The company will pay 1.18 billion in cash to buy 100% of Evos over 15 months, sealing its biggest buyout to date by enterprise value.
A Texas family's vision for conservation transformed their cave into the Eckert James River Bat Cave Preserve in 1990, eschewing fertilizer extraction. Annually, about 4 million female Mexican free-tailed bats find refuge here, utilizing the site as their maternity colony during the crucial breeding season from May to September. Dedicated research and management initiatives strive to protect this critical habitat and deepen understanding of bat population dynamics.
Blinkits free ambulance service: Why non-emergency rides cost 2,500, Deepinder Goyal explains
Blinkit has introduced 2,500 charge for non-emergency ambulance rides, while keeping emergency rides free. Deepinder Goyal said the move follows rise in bookings for routine check-ups and hospital transfers, which can tie up ambulances and trained paramedics needed for critical medical situations.
Sambalpur (Odisha) [India], November 5: IIM Sambalpur-IAE Bordeaux Collaboration brings together Global Business Leaders from Six Countries for India's First Executive PhD-DBA Dual Degree Immersion Programme.
Aadhar Housing Finance posts 22% jump in Q2 disbursements, earns AA+ rating upgrade
Assets under management climbed 18% year-on-year to 32,643 crore, while profit after tax rose 16% to 308 crore for the quarter
Increasing self-reliance in clean energy manufacturing key theme at Bharat RE Summit: MNRE Secretary
The lesson here is to continue our path of progress in renewable energy, says Santosh Kumar Sarangi
Sebi revises currency derivative norms for domestic investors, FPIs; allows to trade up to USD 5 mn
Sebi has revised its regulations to permit domestic and foreign portfolio investors to take positions in currency derivatives. Investors can now hold up to USD 5 million without establishing underlying exposure. The new guidelines also require FPIs to ensure their short positions do not exceed this limit. For amounts above the threshold, FPIs must have underlying exposure in Indian debt or equity securities.
Signature Global Q2 net profit at 70 crore as revenue rises 148%
The Gurugram-based developer reported 820 crore in Q2FY27 revenue, while its adjusted Ebitda margin improved to 18 per cent from a negative 7 per cent a year earlier.
Muthoot Microfin posts record disbursements, PAT jumps 3.6x in Q2 FY27
The results reflect improving asset quality, a rising share of non-JLG lending, a single-digit borrowing cost, and a record digital collections share
Bharat Forge net profit down 8% on higher cost
Revenue increased 21% to 4,870 crore (4,032 crore). Ebitda was up 9 per cent at 778 crore (715 crore)
InMobi appoints Hema Namburi as group CFO ahead of planned India IPO
Hema Namburi, who has served as InMobi's global financial controller since 2018, replaces Marc Steifman as the company prepares for a $1 billion public offering in India
Adani Ports to acquire Dutch operator Evos in 1.18 billion deal
The all-cash acquisition of Evos will give Adani Ports eight European terminals with 6.3 million cubic metres of storage capacity, expanding its liquid cargo portfolio.
M&M profit rises 25% as SUVs power growth, tractors lose steam
Consolidated revenue from operations increased 25 per cent to 57,553 crore from 46,106 crore
Trump's Loss, Wall Street's Gain? What Could Change for AI, Defence, Crypto and Elon Musk
Trump's Loss, Wall Street's Gain? What Could Change for AI, Defence, Crypto and Elon Musk
Glenmark Pharma Q2 revenue falls 30% to 4,247 crore, profit down 57%
Glenmark Pharmaceuticals' Q2FY27 net profit fell 56.8% to 263.83 crore, while revenue declined 29.8% to 4,247.32 crore, with earnings dragged by exceptional items.
Emami weighs more acquisitions as digital-first brands zoom
This year, Emami acquired IncNut, owner of the skincare brands SkinKraft and Vedix, as well aloe-vera juice brand Alo Fruit.
Noel Tata's eligibility, 1.42 crore commission: Inside Mehli Mistry's fresh Tata Trusts challenge
Why has Mehli Mistry escalated his Tata Trusts dispute? His latest filings raise questions about Noel Tata's citizenship, trustee eligibility and an alleged 1.42 crore commission.
What CashKaro co-founder revealed on raising 130 crore for her startup while battling kidney failure
Swati Bhargava revealed that she underwent a kidney transplant while CashKaro was raising funds for its Series C round.
Gurugram (Haryana) [India], November 5: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in North India with the launch of its new store at Gold Souk Mall, Gurugram, marking another significant milestone in the brand's retail expansion journey. Inaugurated by film star Vaani Kapoor, the store brings Forevermark's signature collections of natural diamond jewellery to one of the region's prominent luxury retail destinations.
M&M Q2 consolidated PAT surges on strong SUV demand, beats Maruti and Hyundai
Companys cost controls and pricing actions offset commodity inflation and rural demand weakness from an El Nio-hit monsoon.
Mehta's next professional move remains unknown. Neither Welspun Corp nor Mehta has announced any new assignment following his resignation.
Cosmoserve unveils Hyderabad facility for space debris removal, refuelling
Cosmoserve Space unveils Base 1 in Hyderabad for space debris removal and satellite servicing, raises $6 million in seed funding and targets commercial operations by 2028
Marico among 10 stocks hitting 52-week highs; rally up to 14% in a month
Ten BSE 100 stocks, including Marico, Adani Ports, Divis Laboratories and ICICI Bank, hit fresh 52-week highs on Thursday as benchmark indices staged a sharp rally.
IRB Infra Q2 profit rises 85% to 260 crore on toll revenue growth
IRB Infrastructure Developers' Q2FY27 net profit rose 84.85% to 260.15 crore, supported by 15% growth in toll revenue and higher distributions from its InvIT.
ONGC net profit jumps 57% to 15,488.64 crore on higher oil, gas prices
Revenue from operations rises to 43,875 crore in Q2FY27, while first-half profit nearly doubles year-on-year
Tube Investments Q2 consolidated profit grows 39%, standalone PAT flat
According to a TII statement, the engineering segments quarterly revenue was 1,828 crore, up from 1,382 crore in the corresponding quarter of the previous year
LIC Q2 net profit jumps 20% to 12,076 cr; total income rises to 2.63 trn
LIC reported a 20% year-on-year increase in net profit to 12,076 crore in Q2FY27, according to its latest earnings announcement.
Sebi approves net settlement of cash market trades for mutual funds
Indias Securities and Exchange Board of India (SEBI) has greenlit the introduction of net settlement for mutual fund schemes, set to take effect on April 1, 2027. This initiative is designed to streamline funding requirements and boost market efficiency. Previously, net settlement was exclusive to foreign portfolio investors. Eligible transactions will now be confined to sales or purchases of a specific security, while cross-scheme netting will remain prohibited.
Home grown watch brand IST 1947 gaining traction
Founded by Karan Vaidya, both the collections released so far, Arka and Vanya, are now sold out on the brands website
Goa [India], November 5: Abhi TransAfrica Logistics & Traders Ltd., an integrated Supply Chain and International Trade company, marked a significant milestone through its association as a strategic business partner of the 4th India-Africa Business Conclave, held on 29-30 October 2026 during the Vibrant Goa Global Business Summit.
Mistry challenges removal as SDTT trustee
New Delhi: Mehli Mistry has challenged his removal as a trustee of Sir Dorabji Tata Trust (SDTT) and Bai Hirabai Jamsetji Tata Navsari Charitable Institution before the Maharashtra Charity Commissioner, alleging procedural irregularities and violations of trust governance rules.In three rejoinders and applications filed before the Deputy Charity Commissioner, Mistry has questioned the legality of the decisions leading to his removal, the eligibility of certain trustees and their participation in decisions concerning his reappointment.He has also sought an independent inquiry into SDTT's administration, alleging conflicts of interest, improper retention of financial benefits by trustees and irregularities in decisions involving Tata Group companies and the trust's investments in Tata Sons.A key issue raised by Mistry concerns Venu Srinivasan's participation in the decision on his reappointment. Mistry has argued that Srinivasan's tenure as a trustee ended on October 23, 2025, while he communicated his vote against Mistry's reappointment on October 28.Read more: Tata Sons Chairman Chandrasekaran meets Italian PM Meloni after Iveco acquisitionAccording to Mistry, the trust's own records acknowledged that Srinivasan was no longer a trustee when he cast his vote. He has pointed out that a footnote in the records stated that Srinivasan's vote should be disregarded for this reason.However, Mistry contends that removing the vote from the final count does not address the larger issue, as Srinivasan was still included in the decision-making process. He has argued that the entire resolution was invalid because the body considering his reappointment was not properly constituted.Mistry has also disputed the trust's position that his three-year tenure ended on October 28, 2025, requiring a fresh resolution for reappointment. He has cited the SDTT Trust Deed of March 11, 1932, arguing that it does not prescribe a fixed tenure for trustees.He has further relied on an October 17, 2024, joint resolution of SDTT and Sir Ratan Tata Trust, which provided for the reappointment of trustees after the expiry of their tenure without any limitation on the renewed term, subject to applicable law.Read more: Finance Minister Sitharaman urges Tata to resolve feud amicably, rules out govt interventionIn a separate challenge concerning the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, Mistry has questioned the eligibility of trustees under the trust deed. He has cited provisions requiring trustees to profess the Parsi Zoroastrian faith and meet specified residency conditions.On this basis, he has questioned the eligibility of Venu Srinivasan and Vijay Singh. He has also raised questions about Noel Tata's alleged Irish citizenship and UAE residency, arguing that eligibility requirements should be applied uniformly to all trustees.Mistry has sought affidavits from trustees confirming that they meet the qualifications prescribed under the trust deed. He has also disputed the trust's position that the relevant eligibility provisions are invalid or unenforceable.Separately, Mistry has sought an inquiry into the financial affairs of SDTT, particularly commissions and other benefits allegedly received by trustees serving as nominee directors in Tata Group companies.His application refers to an annual commission of approximately Rs 1.42 crore received by Noel Tata from Tata Sons Private Limited during FY 2024-25, as reflected in corporate filings.He has also raised questions concerning the engagement of Gerry McGovern for Norton Motorcycles, equity infusion into Tata International Limited and alleged deviations from unanimous resolutions on voting the trust's shareholding in Tata Sons.Mistry has argued that such matters could involve conflicts of interest and breaches of fiduciary duties. He has urged the Charity Commissioner to examine corporate filings, declarations of interest, board records and relevant approvals.He has sought rejection of SDTT's preliminary objections and an inquiry or inspection under the Maharashtra Public Trusts Act, 1950.Importantly, Mistry has clarified that he is not seeking reinstatement as an SDTT trustee. Instead, he has sought an examination of the trust's administration and the appointment of an independent administrator, if required, to ensure its proper functioning.Mistry's trusteeship of SDTT and Sir Ratan Tata Trust ended in October 2025 after three trustees opposed his reappointment. On November 4, 2025, he had written to Tata Trusts trustees, including chairman Noel Tata, describing his departure as a harmonious exit and saying he did not wish to drag the charitable institutions into controversy.In the letter, he stressed the need to protect the reputation of the institutions and uphold transparency, good governance and public interest. He also cited a quote attributed to the late Ratan Tata: Nobody is bigger than the institution it serves.Mistry had earlier filed a caveat before the Maharashtra Charity Commissioner, seeking an opportunity to be heard before any changes were made to the register of trustees.
Narayana Murthy once wanted to work at Wipro. Why did Azim Premji turn him down? Heres the story
Infosys founder Narayana Murthy once applied for a job at Wipro but Azim Premji turned him down. Years later, Premji called it one of his biggest mistakes.
Mehli Mistry challenges removal as Tata Trusts trustee, seeks independent inquiry into governance
By Shashwat Singh Mehli Mistry has challenged his removal as a trustee of Sir Dorabji Tata Trust (SDTT) and Bai Hirabai Jamsetji Tata Navsari Charitable Institution before the Maharashtra Charity Commissioner, alleging procedural irregularities and violations of trust governance rules. In three rejoinders and applications filed before the Deputy Charity Commissioner, Mistry has questioned the legality of the decisions leading to his removal, the eligibility of certain trustees and their participation in decisions concerning his reappointment. He has also sought an independent inquiry into SDTT's administration, alleging conflicts of interest, improper retention of financial benefits by trustees and irregularities in decisions involving Tata Group companies and the trust's investments in Tata Sons. A key issue raised by Mistry concerns Venu Srinivasan's participation in the decision on his reappointment. Mistry has argued that Srinivasan's tenure as a trustee ended on October 23, 2025,...
Coal India's IPO-bound arms see sharp decline in coal e-auction premiums
E-auction premiums at Coal India's MCL and SECL declined sharply between FY24 and FY26 despite higher coal volumes being offered, as booking rates weakened at both subsidiaries
LexisNexis Risk Solutions Extends Risk Intelligence to Agentic Activity
Atlanta [US], November 5: LexisNexis Risk Solutions has extended its powerful risk intelligence solutions to help organizations understand and assess a new class of digital actor: AI agents operating on behalf of people and businesses.
Bikaji Foods shares rally 4% as Q2 revenue hits 938.5 crore, but margins squeeze on rising costs
The stock rose to an intraday high of 509.90, with 10.56 lakh shares traded (52.66 crore); Market cap: 12,346.26 crore
Airtel's premiumization strategy drives strong Q2 revenue and Ebitda growth
Higher Arpu, postpaid additions and a strong Africa business lifted Airtel's September-quarter performance, even as net profit missed estimates and mobile subscriber additions slowed.
Alembic Pharma Q2 net surges 81% to 335 crore
U.S. business was driven by strong volume growth and new launches. In U.S. Branded, we are encouraged by the traction building across our existing portfolio, said
LG Electronics India Q2 net up 25.7% on balanced volume and value growth
Sanjay Chitkara, Co-Chief Sales and Marketing Officer, LGE India told businessline said the companys growth is not merely price-led but its coming from both mass and premium segments
Bharti Airtel Q2 net profit rises 24% to 10,710 cr, revenue grows 16.7%
Bharti Airtel's Q2 net profit rose 30.9% year-on-year but missed estimates, as higher network operating costs offset subscriber additions and upgrades to premium plans.
M&M cuts FY27 tractor industry growth forecast to flat amid drought fears
Deficient rainfall in Maharashtra and Karnataka weighs on tractor demand, prompting M&M to cut its FY27 industry growth outlook to flat, though northern markets remain resilient
Adani Ports to acquire European storage major Evos for 2.56 billion
The 2.56 billion all-cash acquisition will give Adani Ports a presence across eight liquid storage terminals in five European countries, expanding its global network to 28 ports and terminals.
Aurobindo Pharma Q2 net up 32.5% to 1,124 cr on higher revenue
The strong performance the company has delivered in Q2 reflected the strength of the business fundamentals, sustained execution and the resilience of its diversified product portfolio.
India is planning a 1.31 lakh crore railway corridor connecting Bilaspur in Himachal Pradesh to Leh in Ladakh. Spanning 489 km, the proposed line could feature the world's highest railway station at 17,244 feet and include 270 km of tunnels.
The proposed transaction, approved by the Indian government on October 14, involves the sale of a combined 60.72% stake held by the Centre and Life Insurance Corporation of India (LIC) to Fairfax.
Blinkit Ambulance to charge 2,500 for non-emergency trips amid misuse
Blinkit Ambulance will introduce a 2,500 charge for non-emergency transfers to curb misuse of its services, while emergency ambulance trips will continue to remain free
