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FitLab Blames Bankruptcy on Loss of Nike Partnership, Trump Tariffs
FitLab Inc., which makes cardio equipment and runs boutique fitness studios, said it filed bankruptcy following disruptions to its supply chain and the loss of a key deal with Nike Inc.
IPE Hyderabad Announces Merit Scholarships Up to Rs. 6 Lakh for PGDM Aspirants
Hyderabad (Telangana) [India], November 4: The Institute of Public Enterprise (IPE), Hyderabad, has announced that admissions are open for its two-year, full-time PGDM programmes for the 2027-29 batch. The announcement comes with an expanded scholarship framework designed to reward merit, talent and academic performance.
Sebi eases KYC norms for NRIs, OCIs and foreign nationals, allows digital onboarding from overseas
Securities and Exchange Board of India has relaxed Know Your Client requirements for overseas investors. This change enables non-resident Indians, Overseas Citizens of India, and foreign nationals to onboard digitally. Individuals from FATF-compliant countries can now submit KYC details remotely without being in India. Intermediaries are allowed to rely on existing KYC records and conduct video verifications when necessary.
Binances $6.3 billion cyberattack began with fake job offers: Co-CEO Richard Teng reveals details
Binance says hackers it attributes to North Korea stole $6.3 billion through a months-long campaign involving fake job interviews, malicious developer tools, compromised devices and AI techniques.
The pack is designed to provide short-term access to high-speed mobile internet without requiring users to purchase a more expensive data plan
In Kalyan, KDMC mayor Harshali Chaudhari-Thavil and Shiv Sena city president Ravi Patil welcomed the move, acknowledging the efforts of Deputy Chief Minister Eknath Shinde and Kalyan MP Dr Shrikant Shinde in advancing the project.
Apollo Hospitals Q2 net profit rises 32% to 630 crore; revenue up 23%
Apollo Hospitals reported a 32 per cent rise in Q2FY27 net profit to 630 crore, supported by strong hospital growth, higher international patient inflows and improved performance across segments
Who is Tewolde Gebremariam? Why is Air India's new CEO in the news? What did he say? Know here
Air India CEO Tewolde Gebremariam says the airline's full turnaround could take 15-20 years as it plans to expand its widebody fleet and long-haul operations.
Meta kicks off first euro bond sale in latest test for tech sector
Facebook parent turns to global debt markets to finance rising AI infrastructure investments even as concerns emerge over the sustainability of the AI boom
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.
Unilever looks to India to deliver what China did for rivals: CEO
Unilever plans to apply its India strategy across emerging markets, where it sees an advantage in distribution, product range and market share.
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.
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.
NPPA exempts Biodeals indigenously developed midazolam nasal spray from price control for five years
Midazolam 1.25 per cent w/v nasal spray is a prescription rescue medicine used primarily for the emergency treatment of acute repetitive seizures
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.
Anupriya Nagar is the co-producer of 2026's blockbuster film, Hanuman Ansh.
Beyond heavy trucks: How Tata eyes growth through Ivecos engines
The strategy could open additional revenue streams for the combined enterprise, although established competitors and the cost of developing new customers will test its profitability
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.
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
HUL proposes raising annual pay cap for non-executive directors to 15 cr
Hindustan Unilever has proposed raising the annual remuneration ceiling for non-executive directors from 4 crore to 15 crore, or 1 per cent of net profit, whichever is lower
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
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.
Exide Industries Q2 net jumps 75% to 386.45 crore
Price increase, volume growth and cost optimisation enabled EBITDA margin expansion by 270 basis points y-o-y during the second quarter
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
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.
NLC to sell 10 crore shares in renewable energy IPO
The company reported a net profit of 465 crore for the quarter ended September 2026
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.
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.
Fractal Analytics bets on large AI deals, partnerships to drive growth
Fractal Analytics expects larger AI contracts, partnerships and acquisitions to accelerate growth after posting its first $100 million revenue quarter in Q2FY27.
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.
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.
Dabur Q2 profit up 12%, margins under pressure
The company also announced the exit of global chief executive Mohit Malhotra, who is set to take up an overseas leadership role.
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
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.
Hindustan Zinc launches two new value-added products
The new products are designed to improve coating consistency, enhance corrosion protection and increase manufacturing efficiency
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
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
Forevermark Diamond Jewellery Enters Pune with Its First Boutique
Pune (Maharashtra) [India], November 4: Forevermark Diamond Jewellery from De Beers Group has entered Pune with the opening of its first boutique at Phoenix Avenue of Stars. Inaugurated by filmstar Amruta Khanvilkar, the new boutique brings Forevermark Diamond Jewellery's world of natural diamonds, distinctive design and craftsmanship to the city's evolving fine jewellery landscape.
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.
Equitas SFB names Balaji Nuthalapadi as interim CEO
Equitas Small Finance Bank has asked Balaji Nuthalapadi, a board member who spent 28 years at Citi, to run the lender temporarily. He steps in after founder P.N. Vasudevan quit, saying investors kept questioning his daughters link to a separate lending firm.
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
