New Delhi, July 31, 2025 — Maruti Suzuki India Ltd., the country’s largest carmaker, reported a marginal rise in consolidated net profit for the first quarter of FY26, posting ₹3,792 crore, up just 0.9% year-on-year from ₹3,760 crore in Q1 FY25. The subdued profit growth comes despite an 8% increase in revenue from operations, which…
New Delhi, Shares of Punjab National Bank (PNB) fell over 1 per cent on Wednesday after the bank reported a 48 percent drop in its standalone net profit for the June quarter. The stock closed 1.10 percent lower at Rs 108.10 per share on the BSE. During the day’s trade, it fell 1.60 per cent…
Mumbai, July 29, 2025 — Tata Consultancy Services (TCS), India’s largest IT services firm, has announced a freeze on annual salary hikes and lateral hiring across its global operations, following its decision to lay off approximately 12,000 employees—roughly 2% of its workforce. The move is part of a broader cost-optimization strategy aimed at navigating macroeconomic…
New Delhi: Aluminium prices fell by Rs 1.30 to Rs 252.90 per kg in futures trade on Tuesday as traders offloaded their positions following a weak trend in the spot market. Aluminium contracts for August delivery fell by Rs 1.30, or 0.51 percent, to Rs 252.90 per kg on the Multi Commodity Exchange in a…
Arvind Ltd, a leading textile and apparel manufacturer, announced its financial results for Q1 FY26 on Tuesday, reporting a consolidated revenue of ₹2,006 crore, up 10% from ₹1,831 crore in the corresponding period last year. The company attributed its steady performance to robust volume growth in core segments such as fabrics and garmenting, even as…
New Delhi, Crude oil prices rose by Rs 22 to Rs 5,670 per barrel in futures trade on Monday as traders increased the size of their deals following strong spot demand. At the Multi Commodity Exchange, the price of crude oil contract for August delivery rose by Rs 22 or 0.39 percent to Rs 5,670…
Ahmedabad, July 28, 2025 — Adani Green Energy Ltd (AGEL), India’s leading renewable energy company, announced a strong financial performance for the first quarter of fiscal year 2026, marked by significant growth in profit, revenue, and operational capacity. The company reported a 31% year-on-year increase in consolidated net profit to Rs 824 crore in Q1 FY26, up…
The country’s leading private sector lender, Kotak Mahindra Bank on Saturday, July 26, reported a net profit of ₹3,282 crore in the first quarter of the current financial year, down 8% from ₹3,552 crore in the previous quarter. On a yearly basis, the profit figures are not comparable as the bank had made an exceptional…
The Enforcement Directorate (ED) continued its sweeping raids for the third consecutive day on July 26, 2025, targeting multiple entities linked to Anil Ambani’s Reliance Group in connection with an alleged ₹3,000 crore bank loan fraud and money laundering case. The searches, initiated on July 24, span over 35 locations in Mumbai, involving 50 companies…
NBFC company Bajaj Finserv reported a 30.4% rise in its consolidated net profit for the quarter ended June 30, 2025, at ₹2,789 crore as against ₹2,138 crore in the same quarter of the previous fiscal. The company’s operating revenue in Q1 FY26 stood at ₹35,439 crore year-on-year (YoY) as against ₹31,480 crore in the same…
