Manali Petrochemicals Ltd, the Chennai-based petrochemical manufacturer, more than doubled its consolidated net profit to ₹29 crore for the fourth quarter ended March 31, 2026 as against ₹11 crore for…
Category: Companies
Reliance Power reports ₹494 crore loss in March quarter
Reliance Power has reported a consolidated net loss of Rs 494 crore for the quarter ended March 31. The company had posted a consolidated net profit of ₹125.57 crore in…
Ola Electric’s home inverter play has a chemistry problem
Ola Electric Mobility Ltd’s decision to slow the ramp-up of its home inverter business has sparked new scrutiny of its choice of lithium-ion battery chemistry after the segment fell well…
Beyond tech: real estate, staffing firms invest in data centres, GCC practice to meet growing needs
Non-IT companies including real estate, staffing and cab-hailing platforms are setting up GCC practices or investing in data centres to capitalize on growing tech needs as automation tools rewrite how…
IBM Shares Soar on US Funding for $2 Billion Quantum Push
The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster…
Air India CEO says successor will have hands full
By Doyinsola Oladipo NEW YORK, May 21 (Reuters) – Air India CEO Campbell Wilson said on Thursday that his successor will have his or her “hands full,” as the carrier…
Stellantis turns to Tata Motors to build global Jeep out of India
Stellantis has unveiled its biggest India strategy reset in years, announcing that it will develop and manufacture a new global Jeep vehicle in partnership with Tata Motors, turning India from…
Himadri Speciality Chemicals raises investment in Sicona Battery Technologies
Himadri Speciality Chemicals has made an additional investment in Sicona Battery Technologies Pty Ltd. The investment has been made through the subscription of compulsorily convertible notes (CCNs), the company said.…
Swiggy shareholders push back against board rights change
’s shareholders on Thursday rejected a proposal that would have expanded founder and chief executive officer (CEO) Sriharsha Majety’s board nomination rights, marking the first time they have voted down…
LG Electronics India net profit dips 8.1%, registers highest quarterly revenue
Higher commodity costs and a depreciating rupee impacted LG Electronics India’s profits in the March quarter. The company posted a net profit of ₹692.7 crore for the quarter, down 8.19…