Billionaire Mukesh Ambani flagged the “unprecedented dislocation” unleashed by the US-Iran war after Reliance Industries Ltd.’s quarterly profit slipped but managed to meet analyst expectations due to a strong show…
Category: Companies
Reliance navigates volatile oil markets with agile sourcing, operational tweaks
India’s largest private refiner Reliance Industries Ltd relied on diversified crude sourcing and operational agility to navigate a volatile energy market during the last quarter of FY26, marked by geopolitical…
CIL plans 10-year roadmap to slash 243 MT coal imports
State-owned Coal India Ltd is planning a comprehensive 10-year roadmap to slash the current 243 MT coal import volume through ramped-up domestic production, coal quality upgrades, and logistics cost parity.…
Nissan Is Betting on ‘China Speed’ to Get Back on Its Feet
Nissan Motor Co. is counting on China to reverse its fortunes after headwinds in the US and Japan left the carmaker searching for a way to regain its footing. The…
Avataar Venture Partners expects three IPOs from first two funds by 2028
Avataar Venture Partners expects at least three liquidity events from its first fund and two from its $350 million second fund within the next 18-20 months, a top executive at…
Boba Bhai targets 200 new outlets in FY27, eyes tier-II expansion push
Bubble tea chain Boba Bhai is stepping up its expansion push, with plans to add 150–200 outlets this financial year as it looks to deepen its presence across metros and…
IDFC First Bank says ₹590 crore fraud impact behind it, sees strong FY27 growth
MUMBAI: IDFC First Bank on Saturday said the impact of the ₹590 crore fraud uncovered in February is now behind it, with the episode having no effect on new business…
Sonata Software CEO Samir Dhir steps down
MUMBAI: Samir Dhir will step down as chief executive officer of Sonata Software Ltd, the company said on Saturday, marking the first leadership change at a large firm in over…
Axis Bank frontloads FY27 provisions amid West Asia war uncertainty
MUMBAI: Axis Bank is entering fiscal year 2026–27 (FY27) with a sharply conservative stance, setting aside a one-time ₹2,001 crore buffer in the March quarter (Q4FY26) to shield its balance…