SpiceJet Ltd’s operational fleet has shrunk from 33 aircraft at the end of December to about 21 in early May, bringing the airline close to the minimum threshold required to…
Category: Companies
Premji-backed Shubham Housing Finance begins talks for ₹2,000-crore IPO
Affordable-housing lender Shubham Housing Finance, backed by Multiples Private Equity and Premji Invest, has initiated early discussions with investment bankers for a potential ₹2,000-crore initial public offering (IPO) that could…
AP, Reuters, Minnesota Star Tribune among Pulitzer winners for 2025 work
NEW YORK (AP) — The Associated Press won the 2026 Pulitzer Prize for international reporting for an investigation into mass surveillance tools and their impact in China, and Reuters won…
Blackstone’s Jon Gray Sees AI Creating ‘Huge Boom’ in Blue Collar Jobs
(Bloomberg) — Blackstone Inc. President Jon Gray said the boom in artificial intelligence will lead to a surge in blue-collar employment as asset managers like his shell out billions on…
Ambuja Cements resets expansion strategy as Karan Adani flags cost pressures and execution gaps
MUMBAI: Ambuja Cements is resetting its expansion strategy after falling short of its own expectations, with promoter Karan Adani signalling a sharper focus on cost discipline and execution as the…
Earnings outlook: Larsen & Toubro’s Q4 earnings seen steady amid disruptions in West Asia
Larsen & Toubro is set to report quarterly earnings with a steady performance, backed by a robust order book and consistent execution across key segments. Analysts expect revenue growth of…
Rosier Foods raises funds from Aman Gupta’s SailThru Ventures
Rosier Foods, a staples brand specializing in A2 Gir cow ghee and organic pantry, has secured investment from Aman Gupta through SailThru Ventures. The quantum of funding was not disclosed.…
Ather Energy cuts losses, moves closer to breakeven as FY26 revenue jumps on scale-up
NEW DELHI: Ather Energy Ltd is moving closer to breakeven as rapid scale-up in volumes and an aggressive expansion of its retail network offset persistent commodity cost pressures, even as…
Godrej Properties targets ₹39,000 crore in sales for FY27 after record-breaking year
Godrej Properties Ltd (GPL), India’s best-selling residential developer, has set an ambitious sales target of ₹39,000 crore for 2026-27 even though home prices are likely to remain stable, executive chairperson…
Mahindra & Mahindra Q4 FY26 outlook: Record volumes face margin, EV and tractor test
heads into its Q4 and full-year FY26 board meeting tomorrow, May 5, with its volume story already written. Record SUV sales of 6,60,276 units, record tractor volumes of 5,05,930 units,…