Vodafone Idea, India’s third-largest telecom operator, posted a ₹51,970 crore net profit in the March quarter owing to one-time accounting gain from the government’s adjusted gross revenue (AGR) relief. This…
Category: Companies
Tata Trusts board meeting halted by regulator citing pending probe, as pressure to go public mounts
A Maharashtra regulator has ordered Tata Trusts to postpone its board meeting scheduled for Saturday, 16 May and halt further engagements until an investigation into alleged regulatory violations is completed.…
NHPC Q4 profit grows 68% to ₹1,549 crore
State-owned NHPC has posted over 68 per cent jump in consolidated net profit at ₹1,549.42 crore for March quarter 2025-26, supported by higher revenues. It had logged a profit of…
SAIL Q4 net profit grows over 42% to ₹1,680 crore
on Friday posted an over 42 per cent rise in standalone net profit to ₹1,680 crore during the March quarter of FY26, citing higher revenues. The company had reported a…
Ankur Warikoo shuts down ₹100 crore courses business
Entrepreneur and content creator Ankur Warikoo announced on May 15 that he is voluntarily shutting down his online courses business, which generated ₹100 crore in revenue and ₹25 crore in…
Starbucks to open first corporate office in India for tech jobs
Starbucks Corp. is planning to open a technology office in India as the coffeehouse chain seeks to cut $2 billion in costs. The new hub is slated for the company’s…
Why Tata Sons is under pressure to list as trust divisions emerge
Tata Sons, the umbrella organisation for 31 companies including TCS, Tata Motors and Tata Steel, is facing pressure to go public, even as the charitable trusts controlling two-thirds of the…
Dr Reddy’s launches its generic Semaglutide injection in Canada
Dr. Reddy’s Laboratories has launched its generic Semaglutide Injection in Canada, becoming one of the first companies to introduce a generic Semaglutide Injection in the Canadian market. The Hyderabad-based company…
ABD bets on premiumisation, exports and ICONiQ to drive FY27 growth
Allied Blenders and Distillers reported a 9.1 per cent year-on-year rise in income from operations to ₹1,020 crore in Q4FY26, while EBITDA rose 21.2 per cent y-o-y to a record…
Tata Trusts says examining Charity Commissioner directive to postpone May 16 board meeting
Tata Trusts said it is examining directions issued by the Maharashtra Charity Commissioner asking it to defer a board meeting scheduled for May 16, while maintaining that the order appears…