has announced job cuts for over 600 employees which will take effect on July 13, according to a report in New York Post. The report cited a Worker Adjustment and…
Category: Companies
Subros bets big on EV thermal systems as FY26 revenue rises 11.5%
Subros Ltd. reported an 11.52 per cent increase in FY26 revenue to ₹3,755.52 crore, but the bigger shift is in its business mix: electric vehicle, hybrid and CNG thermal systems…
BPCL Q4 net profit up 28% at ₹5,625 crore despite impairment loss
State-run (BPCL) on Tuesday reported a 28 per cent Y-o-Y jump in its consolidated net profit at around ₹5,625 crore in Q4 FY26 aided by rising fuel demand and despite…
Viyash Scientific logs ₹66 cr profit in Q4 on better margins
Viyash Scientific, a Formulations, APIs and CDMO Services company, has reported that a net profit of ₹66 crore in the March quarter against net loss of ₹32 crore logged in…
Star Health eyes ₹24,000 crore GWP in FY27, launches new product
Standalone health insurer Star Health Insurance is targeting a growth of close to 18 percent in terms of its top-line growth in FY27 driven by a ramp up in agents…
Golf-LIV Golf focused on long-term funding solution amid reports of potential bankruptcy plan
By Frank Pingue May 19 (Reuters) – LIV Golf said on Tuesday it remains focused on securing a transaction that positions the organisation for the long-term in response to a…
Oil India to ramp up exploration capex to ₹10,000 cr, boost output in FY27: CMD
New Delhi: State-run Oil India Ltd (OIL) plans to raise its exploration and production capital expenditure by over 10% to ₹10,000 crore this fiscal year, chairman and managing director Ranjit…
Muthoot FinCorp is trying to sell a fintech story without behaving like a fintech
Muthoot FinCorp Ltd, one of India’s largest gold loan non-banking finance companies (NBFCs), is seeking to raise up to ₹4,000 crore through an initial public offering, even as it attempts…
Boaz Weinstein’s Hedge Fund Takes Aim at Impax’s ‘Terrible’ Run
(Bloomberg) — As Boaz Weinstein’s hedge fund, Saba Capital Management, takes on one of the most high-profile environmental investment trusts in Britain, the standoff is morphing into a particularly brutal…
Canadian miner Sherritt International stops plan to dissolve Cuban joint venture
TORONTO (AP) — Canadian miner Sherritt International Corp. announced Tuesday it is no longer pursuing a plan to dissolve its Cuban joint venture, reversing a decision it announced last week…