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Adani Energy net rises 2x to ₹674.9 crore

Business Standard

|

October 23, 2024

Adani Energy Solutions (AESL) on Tuesday reported 145 per cent year-on-year jump in its consolidated net profit to ₹674.96 crore (attributable to the owners of the company) for the second quarter of financial year 2025 (Q2FY25), on the back of higher revenue generation, and deferred tax reversals.

- AMRITA PILLAY

AESL said higher EBITDA (earnings before interest, taxes, depreciation, and amortization) and deferred tax reversal (MAT entitlement of previou

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Para 4.15 of FTP vs ANF 7A — Procedure defeats policy intent

We refer to Para 7.02 B(ii) of the FTP, which allows deemed export benefits to supply and installation of goods and equipment (single responsibility of turnkey contracts) to projects financed by multilateral, or bilateral agencies/funds, as notified by Department of Economic Affairs (DEA), MoE, for which bids have been invited and evaluated on the basis of Delivered Duty Paid (DDP) prices for goods manufactured abroad.

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Commerce dept pushing for major tweaks in SEZ norms

Move aimed at mitigating adverse impact of US tariffs

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2 mins

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Hindustan Zinc profit surges 46% to ₹3,916 cr

Vedanta-owned Hindustan Zinc Ltd (HZL) posted its highest ever quarterly profit in the third quarter of 2025-26 (Q3FY26), powered by a sharp rise in silver revenue, firmer metal prices, and the company’s most competitive cost structure in five years.

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1 min

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Early-bird results show worst earnings growth in 17 quarters

IT firms, RIL slow profit growth; banks biggest laggards in revenue

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3 mins

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Passenger safety can’t be traded off, says pilots’ body on IndiGo fine

‘The Federation of Indian Pilots (FIP) on Monday criticised aviation regulator Directorate General of Civil Aviation for imposing a ‘very meagre’ penalty of ₹22.20 crore on IndiGo for the large-scale flight disruptions that impacted lakhs of travellers in December, saying safety of passengers and aircraft cannot be ‘traded off’.

time to read

1 min

January 20, 2026

Business Standard

25% US tariff may affect Iran’s CPCL dividend claims

The imposition of 25 per cent tariff by the United States (US) on countries doing business with Iran may not have any operational or financial impact on Chennai Petroleum Corporation Ltd (CPCL), but it may hit dividend claims of over ₹100 crore of National Iranian Oil Company (NIOC), which holds a considerable stake in CPCL, according to sources.

time to read

2 mins

January 20, 2026

Business Standard

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Bharat Coking Coal makes stellar debut, shares soar 77%

Shares of Bharat Coking Coal, a leading coal miner, surged 77 per cent during their trading debut on Monday.

time to read

1 min

January 20, 2026

Business Standard

Targeting India over Ukraine war ‘unjustified’: Jaishankar

External Affairs Minister S Jaishankar on Monday told Poland’s Deputy Prime Minister and Radoslaw Sikorski that the selective targeting of India, which includes the imposition of punitive tariffs on Indian goods in the context of the Russia-Ukraine war, and New Delhi's relations, especially energy ties, with Moscow, is “both unfair and unjustified”.

time to read

1 min

January 20, 2026

Business Standard

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Indian luxury on par with global peers in FY25

Indian luxury labels are closing the gap with leading global fashion houses in the country, as they diversify beyond bridal couture into pret, accessories and jewellery to tap a growing cohort of younger customers.

time to read

2 mins

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Ideal for risk-averse parents seeking assured achievement of goals

CHILD INSURANCE PLANS

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