consolidated net profit declined 34 percent at ₹269 crore in the fourth quarter of last financial year ended March 31, 2026 compared to ₹406 crore in the corresponding quarter previous year. The…
Category: Companies
Schneider Electric Infrastructure net profit dips 60 pc to ₹22 crore in Q4
Schneider Electric Infrastructure has posted around 60 per cent dip in its net profit to ₹21.97 crore during the March quarter, on account of exceptional items. The company had reported…
SC sets aside order directing RIL to disgorge ₹447 crore
The Supreme Court on Friday set aside an order directing Reliance Industries Ltd (RIL) to disgorge ₹447.27 crore in a matter relating to the trading of Reliance Petroleum Ltd (RPL)…
AvenuesAI plans minority investment in scaled new-age NBFC Ratnaafin Capital to drive AI-led embedded lending
AvenuesAI Limited is planning a minority investment of up to 2.5% in Ratnaafin Capital, a scaled new-age NBFC with a lending book exceeding INR 2000 crores, as part of its…
NBFC UGRO dismisses concerns raised by proxy advisory firm over its MD salary
MSME-focused NBFC UGRO on Thursday dismissed concerns raised by a proxy advisory firm over the re-appointment and salary compensation of its vice-chairman and managing director, Shachindra Nath. Proxy advisory firm…
CCI dismisses complaint against Rapido over alleged predatory pricing, says no abuse of dominance
The Competition Commission of India (CCI) has dismissed a complaint filed against Roppen Transportation Services, the parent company of mobility platform , concluding that no prima facie case of abuse…
Indian firms face tougher investor scrutiny as Rupee hits record lows
The rupee’s relentless slide is prompting tougher scrutiny of Indian companies as investors and analysts press executives on their foreign-exchange strategy. The local currency’s tumble to successive all-time lows, including…
India may drive 30% of emerging-market pet adoption growth: Royal Canin’s Satinder Singh
BENGALURU: India is emerging as a key growth frontier for the global pet care industry, with the country likely accounting for about 30% of emerging-market pet adoption growth expected over…
Domestic market drives growth for MM Forgings Ltd amid global slowdown
Chennai-based MM Forgings Ltd witnessed stronger traction in the domestic market during the March 2026 quarter, with India contributing a higher share of revenue even as demand from key export…
Tesla expands offering in India, brings Model Y Premium rear-wheel drive at ₹50.89 lakh
Continuing its product portfolio expansion drive in India, American electric carmaker Tesla on Friday introduced the 2026 Model Y Premium rear-wheel drive in India, priced at ₹50.89 lakh, its most…