staged a comeback on Wednesday, pulling back from steep morning losses to end marginally in the green, as buying in energy, auto and realty stocks offset persistent pressure from a…
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TSF Group and Bosch plan JV for electronically-controlled air system products for CVs
TSF Group, (Wheels India Ltd and Brakes India Pvt Ltd) and Bosch are planning to enter a 50:50 joint venture for the development and manufacture of next-generation electronically-controlled air system…
Bosch Ltd Q4FY26 net profit rises 3% to ₹569 crore on strong auto demand
, the Indian unit of German engineering and technology company Robert Bosch GmbH, reported a 2.7 per cent year-on-year (y-o-y) increase in net profit to ₹568.6 crore in the fourth…
AxisCades Aerospace eyes ₹6,000-crore Karnataka investment; project to create 74,000 jobs
Bengaluru-based aerospace and defence company AxisCades Aerospace Infrastructure Private Limited is set to invest ₹6,000 crore in Karnataka, said MB Patil, the Minister of Large and Medium Industries of Karnataka.…
Broker’s Call: Indraprastha Gas (Buy)
Target: ₹220 CMP: ₹154.80 Indraprastha Gas’ (IGL) Q4FY26 EBITDA/scm came in 44 per cent above our estimate at ₹4.8. Gas costs and opex increased about ₹1/0.8 per scm quarter on…
Broker’s call: Zydus Lifesciences (Accumulate)
Target: ₹1,080 CMP: ₹1,040.95 (ZYDUSLIF) Q4 EBITDA was sharply above our estimates aided by higher revenues across key markets. We believe base business remains steady with mild erosion. The y-o-y…
Meta layoff: Here is what 8,000 employees let go will receive as severance package
Facebook’s parent company, Meta, has started laying off some eight thousand employees as part of a previously announced restructuring as the social media giant continues to accelerate its push toward…
Navi Mumbai airport can hike passenger fees by 6% from next April, regulator says
Adani-operated Navi Mumbai International Airport (NMIAL) has received a green light from the country’s civil aviation ministry’s tariff regulatory body to increase domestic user development fees (UDFs) by 6% from…
Jubilant FoodWorks sees near-term margin hit as costs rise
Jubilant FoodWorks Ltd, the operator of Domino’s Pizza in India, flagged near-term margin pressure as rising energy, labour and commodity costs weighed on the business, even as the company said…
Ola Electric misses FY26 revenue guidance, cuts losses in reset year
New Delhi: missed its full-year revenue guidance for FY26 after sales nearly halved amid operational challenges and mounting competition in India’s electric two-wheeler market, with the company’s annual revenue falling…