Defence and aerospace PSU Hindustan Aeronautics Limited (HAL) has posted a consolidated net profit of ₹4,196 crore, up 6 per cent year-on-year for the fourth quarter of FY26. The company’s…
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Kaynes Technology Q4FY26 profit declines 21.5% to ₹91.2 cr amid rising costs, shares down by 20%
Integrated manufacturing company Kaynes Technology missed market expectations, posting a 21.5 per cent year-on-year (y-o-y) decline in net profit for the fourth quarter of FY26 to ₹91.2 crore, compared with…
Oben Electric bets on Rorr EZ for 30% sales contribution as Karnataka leads demand
Bengaluru-based Electric Vehicle (EV) startup Oben Electric reported that Karnataka contributed over 20 per cent of Oben Electric’s total sales last year, emerging as one of the company’s strongest growth…
Rupee closes at record low for fourth straight trading session
The rupee (INR) came close to the 96 per US dollar (USD) mark on Thursday as it was pressured by rising crude oil prices and continuous dollar outflows due to…
Data Patterns Q4 PAT up 21% at ₹138 crore
Defence and aerospace electronics solutions provider on Thursday reported a 21 per cent rise in net profit for the quarter ended March 2026 (Q4 FY26) at ₹138 crore as against…
Air India clocks record annual loss of over $2 billion in threat to turnaround plans
Air India Group clocked a record loss of more than $2 billion in Fiscal 2026, according to shareholder Singapore Airlines’ annual report, as India’s second-largest airline grappled with disruption from…
Rising UAE gold flows draw attention amid austerity push
India’s gold imports from the United Arab Emirates (UAE) under the 2022 trade agreement are drawing fresh attention amid India’s push to curb bullion imports to conserve foreign reserves. Gems…
Tata Motors PV posts first revenue dip in five years as JLR faces $1.1-billion headwind
Tata Motors Passenger Vehicles Ltd recorded its first annual revenue decline in five years and an operating loss in FY26, hit by more than $1 billion in additional costs from…
Smartphone demand dip is driving OneAssist diversification
Insuretech startup OneAssist Consumer Solutions Pvt. Ltd is opening new lines of business as it seeks to de-risk its revenue from reliance on smartphones. “While new phones continue to be…
RBI accepts 2 core investment companies’ applications for surrendering registration
Mumbai: The Reserve Bank on Thursday said it has cancelled the of two core investment companies (CICs) following their requests for surrender. These include RR Holdings and Anjali Capfin, according…