CATEGORIES

Hindalco Q1 profit surges 25%

K Hindalco M Birla-promoted Industries reported a 25.3 per cent rise in consolidated profit after tax (PAT) for the first quarter of financial year 2025 (Q1FY25), on the back of favourable macros, operational efficiencies and lower input costs, the company said.

Tata Cap gets nod to be investment credit firm

Move comes ahead of possible listing

Affordable housing finance firms to gain from RBI norms tweak

Changes in the risk-weighted assets for undisbursed loans of housing finance companies (HFCs) introduced by the Reserve Bank of India (RBI) on Monday will help improve the capital availability of these companies, said experts.

Wish I could cut taxes to nil: FM

Stresses need to fund R&D, says her job as finance minister is generating revenue, notto trouble people

More subscribers porting out to BSNL after tariff hike: Vi CEO

The port out of Vodafone Idea (Vi) subscribers to state-owned BSNL has increased since the tariff hikes in July, CEO Akshaya Moondra (pictured) said on Tuesday.

Quadria Capital to deploy $1bn more in India

Healthcare-focused private equity firm Quadria Capital, which recently sold its stake in Akums Drugs and Pharmaceuticals as part of the firm's IPO, is set to deploy around $1 billion for the Indian market in the next few years.

NCLT gives nod to Sarda Energy's acquisition of SKS

The National Company Law Tribunal (NCLT) has cleared the acquisition of bankrupt SKS Power Generation by Sarda Energy & Minerals for ₹2,200 crore.

8th Eco Census likely next year; data for 7th awaited

Centre asks states, UTs to submit funds and manpower requirements to start work on 8th Census

PM may talk democratic dividend at I-Day address

In his first Independence Day (I-Day) speech after coming back to power for the third term, Prime Minister Narendra Modi may emphasise on India's democratic dividend and present a report card on the progress made during his decade in office.

Coal India removes cap, demand to dictate supply

Ends nearly 20-year practice of supply based on contracted capacity

Happiest Minds sees need for strategy alignment

Mid-cap IT services firm Happiest Minds Technologies, which reported revenue growth of 18.7 per cent at ₹464 crore, said the macro environment continues to be uncertain and clients are more focused on shortterm rather than long-term impact.

SC closes contempt case against Patanjali

The Supreme Court on Tuesday closed contempt proceedings against Patanjali Ayurved cofounders Baba Ramdev (pictured) and Acharya Balkrishna, and their company in the misleading advertisements case.

Boeing partners AIESL to support Navy's P-81 fleet

US aerospace giant Boeing on Tuesday announced partner India's ΑΙ ship with Engineering Services Limited (AIESL) to develop local maintenance, repair, and overhaul (MRO) capabilities for the Indian Navy's fleet of 12 P-8I maritime surveillance aircraft.

CCI recalls probe report in Apple case

Competition Commission of India (CCI) has recalled the investigation report in the case related to alleged anti-competitive practices of technology major Apple to protect the \"legal rights of all parties involved\".

TCS eyes 'Prime' campus talents with ₹9-11 L offers

Colleges to ensure that those hired in this category don't apply elsewhere

Banks up the ante on deposit drive

From offering insurance cover to enhancing customer engagements and higher rates, commercial banks are devising multiple strategies to mobilise deposits following a nudge from Reserve Bank of India Governor Shaktikanta Das.

Govt likely to extend import regime for IT hardware products

The Union government may consider extending the import management system for laptops and other IT hardware products for a few months, people aware of the matter said.

India just shy of top-weight China in MSCI EM after rejig

$3 bn inflows expected with weighting in excess of 20%

Balkrishna skids on demand worries

Rising raw material, freight rates may impact tyre maker's margins

Reit lobby calls Hindenburg claims 'baseless'

The Indian Real Estate Investment Trusts (Reits) Association (IRA) has refuted Hindenburg's allegations that the Reit framework serves the interests of a few.

Strong growth prospects, mixed valuations seen for Info Edge

THE COMPASS Info Edge (India), the country's leading consumer internet company known for its platforms in recruitment (naukri.com), real estate (99acres.com), matrimony (jeevansathi.com) and education (shiksha.com) space, delivered revenue growth in line with expectations in the April-June quarter (Q1) of FY25.

MCA website lists Agora status as 'active'

Contradicts Puri Buch's claim; experts suggest Sebi chairperson may have used term loosely

Pre-IPO deals lose steam as markets turn robust

Pre-initial public offering (IPO) allotments have lost favour amid buoyancy in the market and increase in average float size this year.

New plea likely in SC for Sebi's final findings in Adani case

Advocate Vishal Tiwari, the petitioner in the Adani Hindenburg matter who first filed a plea in the Supreme Court (SC) for a probe, plans to file another plea before the apex court requesting the conclusive report by the Securities and Exchange Board of India (Sebi) on its investigations.

Hindenburg report 'won't impact' AEL's $2 billion QIP

Fundraise by early next month, say top group officials

Mumbai airport announces 'disruptions' in SpiceJet ops, soon deletes X post

Airline clarifies services unaffected

Nationwide doctor strike against Kolkata rape-murder hits services

Doctors in hospitals across states, including the national capital Delhi, went on an indefinite strike on Monday, halting all nonurgent elective services to demand a fair investigation into the rape and murder of a postgraduate resident doctor at Kolkata's R G Kar Medical College and Hospital.

A TIME TO SKILL

Will upgrading ITIs solve the skilling problem?

Safety essential for sustainable growth

India's rise as a manufacturing hub has been significantly influenced by geopolitical shifts, with businesses around the world seeking to diversify their supply chains.

A new beginning

Just ranking ITIs will not be enough