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Jubilant FoodWorks' Q3 profit slips 18%

Jubilant FoodWorks Ltd on Wednesday reported a 18.2% dip in consolidated net profit for the three months ended 31 December.

Dabur eyes polls to bolster rural recovery

Rural demand for Dabur grew 200 bps ahead of urban markets in Q3, bucking trends reported by competitors

Sun Pharma net up 16.5% at ₹2,524 crore on robust sales

Sun Pharma reported a consolidated revenue of ₹12,380.7 cr in Q3, from ₹11,240.97 cr a year ago

SUV sales drive up Maruti's Dec quarter profit by 33%

The company has reported a standalone net profit of ₹3,130 crore for the December quarter

Markets regulator reviews small, mid-cap funds' stress tests

India's markets regulator is looking at whether local mutual fund schemes investing in small and mid-cap stocks would be able to withstand sharp falls in stock prices or sudden outflows, according to two sources with direct knowledge of the matter.

Bank of Baroda Q3 profit increases 19%

State-owned Bank of Baroda (BoB) on Wednesday posted a 19 % increase in profit at ₹4,579 crore for third quarter ended December 2023.

L&T: Margin woes cloud Q3 positives

Shares of engineering giant Larsen & Toubro Ltd hit a 52-week high of ₹3,737.90 apiece on Tuesday on new order wins. But the excitement fizzled out on Wednesday after the third-quarter operating performance of L&T’s core engineering and construction (E&C) business disappointed.

Global luxury clocks glitzy year in India

Luxury brands LVMH, Hermès and Christian Dior clocked sharply higher India sales in 2023, as connoisseurs of apparel, bags and accessories flocked to local stores after the covid pandemic ruined foreign travel. Alongside, a clutch of luxury malls came up in top cities, designed to serve the wealthy and the well-travelled.

Burmans' Religare stake past key 25%

Burman family entities on Wednesday acquired an extra 4% stake in Religare Enterprises Ltd to raise their holding to 25.18%, securing veto rights on special resolutions at the financial services company.

Fiscal deficit moderates; GST revenue soars in Jan

CGA data showed that capital expenditure rose to ₹6.74 trillion during the April-December period of FY24

RBI bars deposits, top-ups at Paytm Payments Bank

Experts said the RBI order on nodal accounts would not impact the point-of-sale business of Paytm

NDA goals and wins in budget showcase

The budget will list policy priorities for the next government

Musk Says First Neuralink Patient Received Implant In Brain

Elon Musk said that the first human patient has received a brain implant from his startup Neuralink Corp., a significant step forward for the company that aims to one day let humans control computers with their minds.

India For Whisky Barrels, Not Bottles, In UK Free Trade Deal

India is not keen to include bottled whisky under the proposed free trade agreement (FTA) with the UK, but it may allow import of Scotch whisky in big barrels that can be bottled within the country, two government officials aware of the matter said.

Beyond Budget: What Happened When Nobody Was Really Looking

This year marked the return of state capex alongside central; the next year could mark a pivot from fiscal to monetary easing

China's glut and India's dearth show the two faces of liquidity

Banks in the two economies face challenges that differ remarkably

Wanted: An income tax system for India that's fairer and simpler

Tax reforms must fix its current skew in favour of corporate taxpayers and the non-salaried rich

India's economic review is a feel-good document

The government has come up with a new pre-budget presentation that acts as a spreader of pre-poll optimism but its broad sweep offers only a partial view of the economy at best

India says its elusive snow leopard population is at 718

13,450 km of trails were surveyed, while camera traps were deployed at 1,971 locations

GM went all in on electric vehicles. Dealers say buyers want hybrids.

Some influential dealers are pressing General Motors to introduce hybrid models, worried they risk losing customers who aren't ready to make the switch to fully electric cars.

Real-estate downturn comes for US' premier office towers

Rents at highest-end buildings fall and rate of leasing slows

In bow to pressure, Boeing pulls Max 7 safety waiver appeal

Boeing Co. withdrew a request for a key safety exemption that would have helped speed approval of its coming 737 Max 7 aircraft, bending to rising pressure to prioritize safety in the wake of a near-catastrophe on one of its planes.

'Less fuel tax may help Jewar'

Delhi-NCR's existing airport charges 25% VAT on aviation fuel, while Jewar airport plans to charge just 1% tax

Cost pressures get studios to eye wins in regional cinema

Grappling with rising costs of production, unpredictable box office and few buyers in the OTT ecosystem, studios and filmmakers who were primarily operational in the Hindi language, are gradually looking at.

VinFast likely to skip Bharat Mobility Expo

Vietnamese carmaker VinFast, which is drawing up plans to launch operations in India in 2024, will not participate in the upcoming Bharat Mobility Expo, in a change of plans possibly involving challenges in making its entire product showcase available for the Expo in time, two sources privy to the development told Mint on condition of anonymity.

Voda-Idea to prioritize vendor dues repayment from FY26

Vodafone Idea will prioritize payments of vendor dues from internal cash generation starting FY26, after settling a bulk of the outstanding debt of 35,400 crore in the next fiscal year, its chief executive officer Akshaya Moondra said at an earnings call on Tuesday.

Axis, ICICI go slow on hiring, HDFC Bank pushing ahead

The banks have neared optimal manpower levels, and poaching from each other has reduced

Bleak year for IT hiring with Big Four at multi-year lows

India's top IT services companies have registered their worst headcount decline in five years

IGL faces twin troubles of weak sales volume and high costs

Investors of Indraprastha Gas Ltd (IGL) were left disappointed, as the city gas distributor reported a lackluster volume growth, yet again.

ITC's cigarette business loses spark

Atan analyst meet in December, ITC Ltd had hinted that volume consolidation in its main stay cigarette A business is on the anvil.