RBI to transfer ₹2.87 lakh crore dividend to the central government for FY26

The Reserve Bank of India (RBI) on Friday, 22 May, said it will transfer ₹2.87 lakh crore to the central government for FY26 at a time when the domestic economy…

RBI to transfer record Rs 2.87 lakh crore dividend to govt for FY26

The Reserve Bank of India (RBI) on Friday announced a record dividend payout of Rs 2.87 lakh crore to the central government for the financial year 2025–26. The move is…

Don’t file your ITR blindly: These 6 AIS mismatches can invite an income tax notice

The income tax return (ITR) filing season for FY 2026–27 has begun, and for many taxpayers, the process may feel simple, i.e., log in, check pre-filled details, match numbers and…

Jubilant Pharmova posts 14% revenue jump in FY26, flags Montreal drag on margins

Jubilant Pharmova Limited on Friday reported full-year revenue of ₹8,280 crore for FY26, up 14 per cent year-on-year, driven by strong performance in its contract drug manufacturing, allergy immunotherapy, and…

Institutional buyers over-subscribe Central Bank of India OFS by 2 times; put in ₹2,380 cr bids

Institutional investors on Friday put in over Rs 2,380 crore worth bids in the Offer For Sale (OFS) of Central Bank of India shares, which got over-subscribed more than two…

Ircon Q4 net profit drops 9.5% to ₹191.46 crore

Construction firm (Ircon) on Friday reported a 9.5 per cent drop in consolidated net profit at ₹191.46 crore in the quarter ended March 2026. The company had posted a consolidated…

RRP Defense secures ₹29.83 crore order from Bharat Electronics

RRP Defense Ltd on Friday said it has received a purchase order worth ₹29.83 crore from state-run Bharat Electronics Limited for the supply of optical lens components. As per the…

GSFC Q4 profit down 27% to ₹52 crore, revenue rises to ₹2,668 crore

Gujarat State Fertilizers & Chemicals Ltd (GSFC) on Friday reported a 27 per cent decline in consolidated net profit to ₹52.14 crore during the March quarter on higher expenses. Its…

Sensex today | Stock Market Highlights: Sensex rises 231 pts, Nifty ends at 23,719 led by banks, positive global cues

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Rupee rises 63 paise to close at 95.73 against US dollar

The rupee rose for the second consecutive session on Friday to close at 95.73 (provisional) against the US dollar on softening of crude oil prices and supposed intervention by the…