Chartered accountants’ institute ICAI will be setting up an advanced forensic auditing lab in Hyderabad to help small and medium practitioners, its President Prasanna Kumar D has said. The Institute…
Category: Companies
Royal Enfield says production normalising after temporary disruptions at Cheyyar
Production and dispatches at the Royal Enfield Cheyyar manufacturing facility in Tamil Nadu are returning to normal after labour shortages, Assembly elections and supply constraints impacted operations temporarily earlier this…
SpaceX’s IPO is a bet gravity doesn’t apply to Elon Musk
The SpaceX IPO filing is full of so many red flags that it would have scuttled other launches. But the laws of gravity don’t apply here, in part because of…
Project Sprint helps IndianOil save ₹2,200 cr in FY26 as West Asia Conflict singes margins
Even as the West Asia conflict impacted profitability of PSU oil marketing companies (OMCs), Indian Oil Corporation (IOCL) saved ₹2,200 crore in FY26 leveraging Project Sprint — the refiner’s latest…
RInfra Q4 net profit falls to ₹918 cr; company appoints Vijesh Babu Thota as CEO
Reliance Infrastructure (RInfra) has posted a sharp decline in consolidated net profit at Rs 918.07 crore during the March quarter of FY26, citing higher expenses. The company had reported a…
Heatwave sparks surge in ice cream, beverage, AC sales
As a searing heatwave grips large parts of the country, makers of ice creams, air-conditioners and beverages are witnessing a sharp rebound in demand, fuelling hopes of a stronger-than-expected summer…
Studds Accessories profit grows 6% to ₹21.1 cr in Q4
Helmet maker Studds Accessories on Sunday reported a 6.1 per cent growth in its post-tax profit at ₹21.1 crore in the March quarter of FY26. The profit after tax during…
Cement makers expect 7-8% growth in FY27 despite West Asia headwinds
Leading cement makers expect a healthy growth in the range of 7-8 per cent in FY27, driven by government infrastructure spending, housing demand and urbanisation, notwithstanding short-term headwinds due to…
As smartwatch fears fade, Ethos expands deeper into luxury watches
NEW DELHI: India’s premium watch market is shrugging off the smartwatch disruption that once threatened analogue timepieces, prompting luxury retailer Ethos Ltd to accelerate expansion across stores, younger consumers and…
Bernstein says Adani overhang easing after US developments; execution strength remains intact
Brokerage firm Bernstein said concerns surrounding the Adani Group following the 2023 short-seller episode and subsequent US regulatory developments now appear largely behind the group, potentially paving the way for…