Argentine President Javier Milei’s government approved a series of incentives on Thursday for the expansion of a lithium mine half-owned by a Chinese firm, a rare step for the libertarian…
Category: Companies
JSW Steel raises capacity target to 80 mtpa amid strong FY26 results
Mumbai: Sajjan Jindal-led plans to nearly double its steelmaking capacity to about 80 million tonnes per annum (mtpa) by 2031 through aggressive brownfield expansion and joint ventures, positioning India’s largest…
NCLAT rejects Venugopal Dhoot’s plea to include foreign oil assets in Videocon insolvency
In a setback to Videocon founder Venugopal Dhoot, the National Company Law Appellate Tribunal (NCLAT) on Thursday rejected his request to include the group’s Brazilian and Indonesian oil and gas…
HAL Q4FY26 net profit up 6% at ₹4,196 crore, aided by surge in other income
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…
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…
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…
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…
Carborundum Universal Q4 loss at ₹17.6 crore
Murugappa Group company Carborundum Universal on Thursday reported a consolidated loss after tax and non-controlling interest at ₹17.6 crore for Q4FY26 compared to profit of ₹29 crore in Q4FY25. Revenue…