Edtech company Physicswallah narrowed its standalone net loss in the fourth quarter of FY26, supported by strong growth in revenue and expansion in its paid user base and offline learning…
Category: Companies
Gulf Oil Lubricants India posts ₹85.59 crore profit for March quarter
Hinduja Group firm Gulf Oil Lubricants India on Wednesday reported a 3.46 per cent decline in the consolidated profit after tax (PAT) to ₹85.59 crore for the March quarter. The…
Development Bank of Japan makes maiden realty investment in India with HDFC Capital
Bengaluru: Development Bank of Japan Inc. (DBJ) has made its first real estate investment in India, committing capital to HDFC Capital Development of Real Estate Affordable and Mid-Income Fund (H-DREAM…
Selling Essar guarantees will be a long battle for lenders
A plan by lenders to sell personal and corporate guarantees on loans given to erstwhile Essar Steel, nearly seven years after the steelmaker’s insolvency resolution, is expected to face a…
PhysicsWallah reins in K-12 ambitions as profitability takes priority
Edtech major PhysicsWallah is pulling back on its ambitious expansion into K-12 schooling announced in the previous quarter (Q3 of FY26), and reverting to a sharp focus on profitability in…
Medtech exporter Poly Medicure bets on high-tech pivot and acquisitions to fend off macro headwinds
While Indian medtech exporters have faced a host of global headwinds over the past year, including the Red Sea crisis, US tariffs, increasing competition from Chinese rivals, and the war…
Green energy investments to gain momentum, keen to partner Indian funds: BII CEO
New Delhi: Green energy investments in India are set to gain momentum and expand further, driven by heightened energy security concerns triggered by the West Asia war, said Leslie Maasdorp,…
American Air Sees Robust Demand Even as Consumer Sentiment Falls
(Bloomberg) — American Airlines Group Inc. said it continues to see strong demand for travel, even as surging jet fuel drives up ticket prices and consumer confidence in the US…
Activision shareholders reach $250 million settlement over Microsoft buyout
By Tom Hals WILMINGTON, Delaware, May 22 (Reuters) – Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them when…
Bata India Q4 profit plunges 95% on VRS costs, forex losses
Footwear maker Bata India reported a 95.2% year-on-year drop in consolidated net profit to ₹2.2 crore in the March quarter (Q4FY26), hurt by a voluntary retirement scheme (VRS) charge and…