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PNB Q2 Profit Rises 12.8% to Record Rs 5,532 Crore; Bank Holds Off on Deposit Rate Hikes
Punjab National Bank posted a record quarterly profit, raised its FY27 credit growth guidance and said it sees no need yet to lift deposit rates after the RBI hike.
Federal Bank Posts Record Rs 1,386 Crore Q2 Profit as Bad Loans Fall to Decade Lows
Federal Bank's September-quarter profit rose 45% to an all-time high, helped by a 26% jump in net interest income and sharply cleaner asset quality.
Centre Nearly Halves Diesel Export Duty to Rs 8.5 a Litre, Raises Petrol Levy Five-Fold
The windfall levy on diesel exports falls to Rs 8.5 per litre from Rs 16, while petrol exports now attract Rs 2.5 per litre for the next fortnight.
Tech Mahindra Q2 Profit Jumps 33% to Rs 1,586 Crore; Board Recommends First Bonus Issue Since 2015
Tech Mahindra's September-quarter profit rose 32.7% as EBIT margin widened to 14.8%, and its board proposed a 1:1 bonus and a Rs 15 interim dividend.
Nestle India Shares Slide Up to 9% Even as Q2 Profit Jumps 36% to Rs 1,027 Crore
Nestle India's September-quarter profit rose 36% and sales 20%, in line with estimates, but the stock fell nearly 9% intraday on margin worries.
IDBI Bank Slides Up to 7.5% as Fairfax's Rs 81 Price Disappoints After Pre-Deal Rally
IDBI Bank shares fell up to 7.5% after the Centre picked Fairfax to buy a 60.72% stake at Rs 81 a share, well below Wednesday's close of about Rs 90.
Groww Q2 Profit Rises 54% to Rs 726 Crore as F&O Share of Revenue Falls to 45%
Groww's parent grew revenue 47% in the September quarter while cutting its reliance on equity derivatives, though profit dipped about 1% from Q1.
Canara Bank Q2 Profit Rises 8% to Rs 5,175 Crore as Lower Provisions Lift Shares Nearly 5%
Canara Bank's September-quarter profit rose 8.4% to Rs 5,175 crore on 20% NII growth and lower bad-loan provisions; the stock gained nearly 5%.
Bank of Baroda Says It Has Not Been Served BR Shetty's $15 Billion Suit; Shares Slip 3%
Bank of Baroda told exchanges it has not received NMC founder BR Shetty's $15 billion Bombay High Court suit and will defend it firmly if served.
Transformers and Rectifiers Q2 Profit More Than Doubles; Order Book Hits Rs 7,237 Crore
TARIL's Q2 FY27 consolidated profit more than doubled to about Rs 80 crore on 61% revenue growth, with new Changodar capacity due around Diwali.
IMF Raises India Growth Forecast to 7% as World Economy Strains Under Oil Shock
The IMF lifted India's 2026 growth projection by 0.6 percentage point to 7%, even as it warned that the West Asia war and costly energy weigh on the world.
Retail Inflation Hits 23-Month High of 5.54% as Onion Prices More Than Double
CPI inflation rose to 5.54% in September from 4.83%, with food inflation at 7.74% and rural inflation crossing 6% for the first time in the new series.
DMart Q2 Profit Rises 8.5% to Rs 743 Crore, but Margins Slip as Sales Jump 18%
Avenue Supermarts grew Q2 revenue 17.8% to Rs 19,644 crore, but profit rose just 8.5% as EBITDA and net margins narrowed. It added 15 stores.
Anand Rathi Wealth Q2: Adjusted Profit Up 22%, Reported Profit Down to Rs 89 Crore as AUM Tops Rs 1.08 Lakh Crore
Anand Rathi Wealth's adjusted Q2 FY27 profit rose 22% to Rs 121.9 crore, but reported profit fell. It declared a Rs 4 interim dividend.
Poonawalla Fincorp Q2 Profit Rises 22% to Rs 375 Crore as Bad Loans and Credit Costs Ease
Poonawalla Fincorp's September-quarter profit rose 21.8% sequentially to Rs 375 crore, with margins widening and gross NPAs falling to 1.20%.
Hospital Stocks Rally Up to 5% as Centre Moves to Cap Cancer Drug Margins at 30%
Fortis, Apollo, Max and Yatharth gained as reports said a 30% trade margin cap on 110 anti-cancer drugs would hit hospital earnings less than feared.
GST Council Scraps Arrest Powers, Lifts Prosecution Threshold to Rs 5 Crore and Speeds Up Refunds
The 57th GST Council meeting removed officers' arrest powers, raised the prosecution bar to Rs 5 crore and set a Rs 10,000 floor for show-cause notices.
Supreme Court Asks Centre to Form Panel on Pharma Gifts to Doctors; Mankind, Zydus Shares Slip
The Supreme Court asked the Centre to set up a committee on regulating pharma companies' gifts and perks to doctors; drug stocks fell up to 3%.
RBI Raises Repo Rate to 5.5% in First Hike Since 2023, Shifts to Calibrated Tightening
The RBI hiked the repo rate by 25 bps to 5.5%, changed its stance to calibrated tightening, and lifted its FY27 inflation forecast to 5.2%.
Cabinet Clears Rs 10,000 Crore SME Growth Fund and a New Transport Planning Authority
The Union Cabinet approved a Rs 10,000 crore equity fund for growth-stage SMEs and set up an Integrated Transport and Logistics Authority.
Mamaearth Parent Honasa Jumps as It Guides for Early-30s Sales Growth in Q2
Honasa Consumer shares rose as much as 10% after the company said Q2 FY27 net sales value should grow in the early thirties with younger brands up around 45%.
Saudi Aramco Cuts November Crude Prices for Asia to a Six-Year Low, Easing Costs for Indian Refiners
Aramco set Arab Light for Asia at a $5 discount to Oman/Dubai, its widest since 2020, while raising prices for Europe, a relief for Indian crude buyers.
GST Council to Weigh Scrapping Arrest Powers for Tax Officials at October 7 Meeting
The 57th GST Council meeting will consider ending administrative arrests under GST and raising the prosecution threshold from Rs 5 crore to Rs 10 crore.
Mahindra and Embraer Pick Nagpur for Possible C-390 Military Aircraft Assembly Line
Mahindra and Embraer have named Nagpur as the site for a C-390 final assembly facility, but only if the IAF picks the jet for its transport aircraft programme.
GST Collections Rise 14.7% to Over Rs 2.03 Lakh Crore in September as Import Revenue Jumps 26%
Gross GST collections grew 14.7% to over Rs 2.03 lakh crore in September, with import-linked revenue up 26% and net collections up 18.1%.
Bajaj Auto's Domestic Sales Fall 9% in September as Exports Jump 32%
Bajaj Auto sold 5,38,443 vehicles in September, up 5%, but domestic volumes fell 9% and two-wheeler dispatches at home dropped 12% before the festive season.
Two Trader Bodies Call Off October 2 'No UPI Day' After Meeting Sitharaman Over Merchant Fee
Two trader bodies dropped their planned UPI boycott after Sitharaman assured them concerns over the proposed 0.4% merchant fee would be considered.
Venu Srinivasan Takes Tata Trusts Dispute to Charity Commissioner, Questions Noel Tata's Chairmanship
Trustee Venu Srinivasan has reportedly asked Maharashtra's Charity Commissioner to probe governance at two main Tata Trusts, widening the fight over Tata Sons' future.
Delhi High Court Quashes FSSAI Order Stopping Red Bull From Using the Energy Drink Label
The Delhi HC set aside FSSAI's order barring Red Bull from calling its product an energy drink, saying the company was never given a hearing.
Tata Trusts Proposes Tata Sons Restructuring to Avoid Stock Market Listing
Tata Trusts wants TESS and Tata Consulting Engineers merged into Tata Sons so the holding company sheds its NBFC status and can stay private.
Hero Motors Shares Hit 20% Upper Circuit For Third Straight Session, Now Up 69% From IPO Price
Newly listed auto components maker Hero Motors extended its rally to a third session on Friday, climbing to Rs 141.85 and erasing its weak listing-day performance.
Government Asks Edible Oil Firms to Pass On Import Duty Cut Benefits to Consumers
The Centre has directed edible oil companies to immediately revise retail prices after slashing import duties on crude and refined cooking oils ahead of the festive season.
Ola Electric Shares Sink 9% as Board Weighs Fresh Rights Issue
Ola Electric stock fell over 9% on Friday after four straight days of gains, as investors braced for a board decision on a proposed rights issue.
Maruti Suzuki Commissions Its First Green Hydrogen Plant At Manesar
Maruti Suzuki has commissioned a 300 kW green hydrogen electrolyser at its Manesar plant, part of a broader push to cut its manufacturing carbon footprint by 2030-31.
Adani Group to Invest Over Rs 1 Lakh Crore in West Bengal by 2035
Gautam Adani announced a Rs 1-trillion-plus investment roadmap for West Bengal covering ports, logistics, energy and data centres, alongside a Rs 4,000-crore hospital project in Kolkata.
RBI Deputy Governor Says Rupee's Slide May Be Temporary, Sees Room for Appreciation
RBI Deputy Governor Poonam Gupta said the rupee's recent depreciation could reverse as India's external position strengthens, citing capital flows and strong growth fundamentals.
Kalpataru Projects Wins Orders Worth Rs 2,025 Crore, FY27 Order Intake Nears Rs 13,220 Crore
Kalpataru Projects International said it has won fresh orders worth about Rs 2,025 crore across power transmission, buildings and oil and gas, lifting its FY27 order intake sharply.
Arvind SmartSpaces Shares Jump 12% as Bengaluru Launch Crosses Rs 500 Crore in Bookings
Arvind SmartSpaces shares rallied nearly 12% on Wednesday after its Sarjapur Road project in Bengaluru crossed Rs 500 crore in sales bookings within 30 days of launch.
RBI Rewrites How Financial Institutions Value InvIT and REIT Units, Effective Immediately
New RBI directions set separate valuation rules for InvIT and REIT units held by all-India financial institutions, with a Re 1 mark for non-disclosing REITs.
Sterling and Wilson Renewable Energy Shares Jump 8% on Rs 985-Crore Order Wins
Sterling and Wilson Renewable Energy shares rallied on Tuesday after the company secured a domestic solar order in Rajasthan and a battery storage contract in South Africa worth over Rs 985 crore combined.
Meesho Shares Surge 6% Near Record High as Jefferies Forum Fuels Optimism
Meesho shares jumped 6% in Tuesday's trade, nearing its all-time high, as brokerages flagged strong growth prospects for the e-commerce platform.
Welspun Corp Shares Gain After Saudi Arm Bags Rs 2,000-Crore Aramco Pipe Order
Welspun Corp's Saudi associate East Pipes Integrated Company has signed a SAR 771-million steel pipe contract with Saudi Aramco, lifting the stock over 1%.
India's Exports to China Surge Nearly 40%, But Trade Deficit Keeps Widening
Indian exports to China rose almost 40% between April and August, driven by electronics and engineering goods, though the trade imbalance with Beijing keeps growing.
Yatharth Hospital Shares Hit Record High as Advent's Rs 3,150 Crore Bet Fuels 20% Rally
Yatharth Hospital shares surged 11% intraday on Friday to a record high, extending a two-day rally to 20% after Advent International agreed to invest Rs 3,150 crore for a 24.9% stake.
Government Rejects 'GST on UPI' Rumours, Says MDR Charge Will Be Offset via Input Tax Credit
The government dismissed reports of a fresh GST levy on UPI payments, clarifying that GST applies only to the new Merchant Discount Rate and can be claimed back as input tax credit.
Adidas Begins Layoffs at Gurugram Tech Hub, Cutting Nearly Half Its India Workforce
Adidas has started large-scale layoffs at its India Tech Hub in Gurugram, affecting more than 350 of about 700 employees including software engineers and data scientists.
Saatvik Green Energy Shares Jump 7% After Winning Rs 1,041 Crore Solar Order From SECI
Saatvik Green Energy shares rose sharply after the company secured a Rs 1,041.63 crore order from the Solar Energy Corporation of India for 600 MWp of solar modules.
Groww Parent Billionbrains Slides Nearly 5% After Peak XV, Sequoia Offload Rs 1,999-Crore Stake
Shares of Groww's parent Billionbrains Garage Ventures fell as much as 4.65% after early investors Peak XV Partners and Sequoia sold a 1.69% stake via block deals.
Flipkart Sets October 9 Start for Big Billion Days 2026, Early Access From October 8
Flipkart announced its Big Billion Days 2026 sale will begin October 9, with early access for Plus, Black and credit card members a day earlier, ahead of the festive shopping season.
HDFC Bank Shares Jump 3% as Board Sends Two CEO Candidate Names to RBI
HDFC Bank shares rose over 3% on Tuesday after its board forwarded two candidates, one internal and one external, to the RBI for approval as the bank's next MD and CEO.
Airtel, Jio Accuse Vodafone Idea of Unfair Practices, Seek TRAI Action on Porting Rules
Bharti Airtel and Reliance Jio have asked TRAI to probe Vodafone Idea over alleged unfair customer-acquisition tactics tied to mobile number portability.
Solar Industries to Acquire South Africa's Omnia Holdings for Rs 12,951 Crore
Nagpur-based Solar Industries has signed a $1.35 billion all-cash deal to buy South Africa's Omnia Holdings, its largest overseas acquisition to date.
SEBI Proposes New Formula For Derivatives Expiry-Day Settlement Prices
SEBI has floated two options to fix expiry-day settlement prices for derivatives after traders flagged pricing uncertainty caused by the new Closing Auction Session.
Coforge Boardroom Turmoil Deepens as NRC Chair D K Singh Resigns
Coforge's Nomination and Remuneration Committee chair D K Singh has resigned citing boardroom tension, days after Chairman O P Bhatt's exit.
Sebi Launches 'Demat 2.0' Pilot To Trade Tokenised Corporate Bonds On Blockchain-Style Ledger
Sebi and the RBI launched a pilot called Demat 2.0 that puts corporate bonds on a distributed ledger linked to the digital rupee, aiming for instant settlement of trades.
India To Push BRICS Nations Toward Digital Currency Payments, Stops Short Of Unified Network
Ahead of the New Delhi summit, India is expected to back greater use of central bank digital currencies for cross-border trade among BRICS nations while resisting a unified payments system.
Adani Group Plans $2.5 Billion Offshore Loan in India's Largest Refinancing This Year
Adani entities are in talks with global banks to refinance debt tied to the Ambuja Cements and ACC acquisitions, in what would be India's biggest offshore loan of 2026.
Adani Airports to Raise $1 Billion From Temasek, BlackRock and Other Global Investors
Adani Airport Holdings will sell a 5.54% stake to a global investor consortium in a deal valuing the airport business at about $18 billion.
Coforge Shares Tumble as Chairman OP Bhatt Resigns Over Board Evaluation Concerns
Coforge stock fell nearly 9% after Chairman OP Bhatt quit the board with immediate effect following an internal audit into a disputed evaluation report.
Amazon India's Seller Base Crosses 20 Lakh Ahead of Festive Season
Amazon India said its seller community topped 20 lakh after adding more than 3 lakh sellers, its strongest annual growth in three years, ahead of the festive shopping rush.
Samsung India Begins Layoffs Across TV And Appliance Units As Rising Costs Bite
Samsung India has started cutting jobs across its television and home appliance businesses, with nearly 100 executives affected so far amid rising chip costs.
Cipla Partners With China's Qilu Pharmaceutical to Bring Keytruda Biosimilar to the US
Cipla's US arm Invagen will market Qilu Pharmaceutical's pembrolizumab biosimilar QL2107 in the United States, deepening Cipla's oncology push.
AI-First Baby Sleep Startup Cradlewise Raises $12 Million in Series A Round
Cradlewise, an AI-enabled smart crib startup, has raised $12 million led by 3one4 Capital and Prudent Investment Management to expand globally.
Economists Spar Over India's 7.8% GDP Print as SBI, Former Chief Economic Adviser Defend the Data
SBI and former CEA KV Subramanian pushed back on claims that a base revision inflated India's headline Q1 FY27 growth number.
Hexaware Technologies CEO Resigns, EXL's Vivek Jetley Named Successor
Hexaware CEO Srikrishna Ramakarthikeyan has resigned effective October 28, with EXL's Vivek Jetley set to take over as the IT firm's new chief executive.
HDFC Bank CEO's Exit Triggers Leadership Shakeup at India's Largest Private Lender
Sashidhar Jagdishan will step down as HDFC Bank CEO after resisting chairman Rajiv Kumar's push for a management overhaul, unsettling investors.
Mahanagar Gas Hikes CNG and PNG Prices in Mumbai as Middle East Crisis Bites
Mahanagar Gas raised CNG prices by Rs 2 per kg and domestic PNG by Re 1 per SCM in Mumbai, citing rising input costs tied to Middle East tensions.
Max Estates Buys 85-Acre Delhi Land Parcel in Rs 420-Crore Share Swap
Max Estates has acquired an 84.71-acre land parcel in West Delhi through a non-cash share swap, marking its entry into the capital's housing market.
Sitharaman Pitches India as Global Manufacturing Hub at Chicago Roundtable
Finance Minister Nirmala Sitharaman urged US investors to build in India across manufacturing, AI, semiconductors and GIFT City finance.
ICICI Bank Raises $1 Billion via Landmark Overseas Bond Sale
ICICI Bank completed a $1 billion five-year senior notes issuance that drew over $2.3 billion in orders, marking one of the largest dollar bond sales by an Indian lender this year.
TVS Motor Names Peyman Kargar as New CEO, Succeeding K N Radhakrishnan
TVS Motor Company has appointed international business head Peyman Kargar as its next Director and CEO, effective January 2027, succeeding long-serving chief K N Radhakrishnan.
ICICI Prudential AMC Shares Fall 5% After Promoter Prudential Sells 2% Stake
ICICI Prudential AMC shares slid on Thursday after UK-based promoter Prudential Corporation offloaded a 2% stake through a block deal to meet public shareholding norms.
Hindustan Copper Govt OFS Closes With 726% Retail Subscription, Full Greenshoe Exercised
The government's offer for sale in Hindustan Copper closed with retail bids covering 726% of their quota, prompting the Centre to exercise the entire oversubscription option.
PhysicsWallah, Groww, Rubicon Research See Over Rs 4,400 Crore in Block Deals on Dalal Street
Five block deals worth more than Rs 6,000 crore changed hands on Wednesday, with large stakes traded in PhysicsWallah, Groww's parent, Viyash Scientific and Rubicon Research.
US Sanctions Four Indian Firms Over $119 Million Iranian Oil Trade
US Treasury sanctioned four India-based companies and three Indian nationals for allegedly moving $119 million of Iranian petroleum products, drawing sharp pushback from Tehran.
Welspun Corp CEO, Promoter Group Sell 2.4% Stake via Block Deal; Stock Slides
Welspun Corp's promoter group and MD & CEO Vipul Mathur offloaded roughly 6.3 million shares worth about Rs 1,417 crore in a block deal.
Air India Seeks $1.5 Billion Fresh Equity From Tata Sons, Singapore Airlines
Air India has asked its owners for about $1.5 billion in fresh capital after posting a record annual loss, Reuters reported.
Vodafone Idea Shares Jump 8% on SBI-Led Debt Funding Progress
Vodafone Idea shares surged as much as 8% after reports that the telco is close to finalising a large debt package from an SBI-led bank consortium.
Government Sets Rs 514 Floor Price for Hindustan Copper Stake Sale
The Centre opened a two-day OFS in Hindustan Copper at a 10% discount, its ninth divestment of the financial year.
Tata Motors to Raise Car and SUV Prices by Up to Rs 25,000 from September 1
The passenger vehicle arm's third hike this year points to persistent commodity cost pressure across both ICE and electric models.
Indian Oil Nears LPG Import Deal With Algeria's Sonatrach For 2027
IOC is close to a long-term LPG supply agreement with Algeria's Sonatrach as India works to cut its dependence on Middle Eastern energy routes.
Tata Steel Gets CCI Nod To Buy Out German Partner's Stake In Logistics Arm TMILL
The CCI cleared Tata Steel's acquisition of IQ Martrade's 23% stake in TM International Logistics for about Rs 335 crore.
Jubilant Ingrevia To Acquire 40% Stake In Deep-Tech Firm Zettaone Technologies For Rs 189 Crore
Jubilant Ingrevia's board has approved a binding term sheet to buy a 40% stake in electronics manufacturer Zettaone Technologies.
Uber Adds Train Ticket Booking To Its App In India Through ixigo Partnership
Uber has launched train ticket booking on its India app in partnership with ixigo, letting riders book rail tickets and check PNR status within a single app.
Sharma-Linked Entity Sells Up to 4.98% Paytm Stake in Rs 2,949-Crore Block Deal
Resilient Asset Management, linked to Paytm founder Vijay Shekhar Sharma, sold a stake in the fintech firm via a block deal, with proceeds flowing to Antfin.
Tata Sons' Chandrasekaran and Noel Tata Briefed Government Separately Amid Leadership Rift
Outgoing Tata Sons chief N Chandrasekaran and Tata Trusts chairman Noel Tata reportedly met government officials separately over internal differences.
Bharat Dynamics Q1 FY27 Net Profit Soars 547% to Rs 118.79 Crore on Strong Order Execution
Defence PSU Bharat Dynamics posted a sharp jump in first-quarter profit and revenue, driven by robust order execution and improved operating margins.
Godrej Industries Q1 FY27 Net Profit Falls 19% to Rs 284 Crore Despite Strong Revenue Growth
Godrej Industries posted a consolidated Q1 FY27 profit decline of 18.7% even as revenue jumped 22.2% and EBITDA margins expanded.
Tata Motors Passenger Vehicles' Q1 Profit Slumps 80% on JLR Drag, but Stock Rallies on Demand Outlook
Tata Motors Passenger Vehicles reported an 80% drop in consolidated net profit for Q1 FY27 as Jaguar Land Rover volumes fell, even as the stock jumped on strong domestic demand and EV growth.
Jubilant FoodWorks Q1 FY27 Profit Rises 6% to Rs 100 Crore as Domino's Sales Grow
Jubilant FoodWorks posted a 6% rise in consolidated net profit and 14% revenue growth in Q1 FY27, even as it exits the Dunkin' brand in India.
Siemens India Q1 FY27: Profit Falls 18% to Rs 343 Crore Despite Strong Order Growth
Siemens Ltd's June-quarter profit dropped 18% on higher input costs even as revenue and new orders grew at a healthy clip.
MRF Q1 FY27: Net Profit Dips 1.3% to Rs 495 Crore Despite Strong Revenue Growth
Tyre maker MRF reported a marginal decline in June-quarter profit as higher raw material costs offset nearly 10% revenue growth.
Vodafone Idea's Q1 Loss Narrows to Rs 3,754 Crore, Company Posts First Subscriber Gain Since Merger
Vodafone Idea's net loss shrank 43% year-on-year in Q1 FY27 as revenue and ARPU rose and the telco added subscribers for the first time since its 2018 merger.
Bihar's GI-Tagged Mithila Makhana Reaches Australia in First-Ever Sea Shipment
18 tonnes of GI-tagged Mithila Makhana from Bihar has been exported to Australia for the first time, with farmers earning nearly 18% more than market price.
Ola Electric Q1 FY27: Net Loss Narrows 22% to Rs 336 Crore as Revenue Falls 45%
Ola Electric's Q1 FY27 loss narrowed to Rs 336 crore even as revenue fell 45% year-on-year on weaker EV registrations.
SBI Q1 FY27: Net Profit Rises 10% to Rs 21,121 Crore, NII Jumps Nearly 15%
State Bank of India posted a 10% rise in standalone net profit for the June quarter, with net interest income up nearly 15% and asset quality improving.
India's Car Sales Jump 33.6% in July as Automakers Stock Up for Festive Season
Passenger vehicle dispatches surged in July 2026 as Maruti Suzuki extended its market lead and EV sales crossed 30,000 units for a second month.
Auto Industry Body SIAM Withdraws Letter Flagging E20 Fuel Contamination Concerns
SIAM pulled back its communication on E20 fuel contamination after media reports sparked wide debate, saying its data needs further verification.
Karnataka Labour Department Summons TCS Over 12,000 Job Cuts
Karnataka's Labour Department has called Tata Consultancy Services for a conciliation meeting on August 6 after a union complaint over roughly 12,000 planned job cuts.
RBI Holds Repo Rate at 5.25%, Flags West Asia Disruption to Trade and Sentiment
The Monetary Policy Committee kept rates unchanged and retained its neutral stance amid global uncertainty.
DLF Q1 FY27: Profit Rises 4% to Rs 794 Crore Despite Sharp Revenue Decline
DLF's net profit grew to Rs 794 crore in Q1 FY27 even as revenue from operations fell around 53% on the timing of project launches.
Bharti Airtel Q1 FY27 Profit Jumps 43% as Homes and Airtel Business Segments Surge
Bharti Airtel's June quarter profit rose 43% to Rs 5,948 crore, powered by ARPU gains and strong growth in its Homes and enterprise units.
Government Hikes Windfall Tax on Fuel Exports Again as Crude Prices Stay Volatile
New Delhi raised export duty on petrol, diesel and ATF from August 3 to keep more fuel at home as global crude prices swing on West Asia tensions.
MobiKwik Swings to Third Straight Quarterly Profit in Q1 FY27
One MobiKwik Systems posted a Rs 7.6 crore consolidated profit in Q1 FY27, its third consecutive profitable quarter, as revenue and lending margins improved.
Swiggy Appoints Nandita Sinha as Instamart CEO, Replacing Amitesh Jha
Swiggy has named former Myntra CEO Nandita Sinha to lead Instamart after Amitesh Jha's exit, as quick-commerce competition intensifies.
Indian Startup Funding Falls 67% to $662 Million in July
Startup funding in India dropped sharply in July after a June surge, with large rounds scarce and deal count also declining.