Business conglomerate Godrej Industries Ltd on Tuesday reported an 81 per cent increase in consolidated net profit at Rs 322.49 crore for the April-June quarter of 2024, on higher income.
Its net profit stood at Rs 178.06 crore in the year-ago period.
Total income increased to Rs 5,259.41 crore in the April-June period of 2024-25 fiscal, from Rs 4,893.40 crore in the corresponding period of the previous year, according to a regulatory filing.
Godrej Industries has presence in chemicals, estate management (real estate), finance & investments.
On business performance of its subsidiaries, joint ventures and associate companies, Godrej Industries said the consolidated sales of Godrej Consumer Products Ltd (GCPL) stood at Rs 3,311 crore in the first quarter of this fiscal.
Godrej Properties' total Income grew to Rs 1,638 crore in April-June period of this fiscal, from Rs 1,315 crore in the year-ago period.
Godrej Agrovet's total income declined to Rs 2,360 crore in the period under ..

Godrej Industries has presence in chemicals, estate management (real estate), finance & investments

Press Trust of India

Patel Engineering Ltd on Tuesday reported a 25.81 per cent rise in its consolidated net profit to Rs 48.17 crore in the April-June quarter of 2024.
It had posted a Rs 38.29 crore net profit from operations during the year-ago period, the company said in an exchange filing.
The company's revenue from operations declined by 1.52 per cent to Rs 1,101.66 crore in the June quarter.
It was at Rs 1,118.61 crore in the year-ago period.
Patel Engineering's Managing Director Kavita Shirvaikar said, "Our focus remains on delivering long-term value for our stakeholders while continuously enhancing operational efficiency and output."
"With this strong foundation in place, we are poised to build a brighter future for Patel Engineering Limited and creating lasting value for India's infrastructure development," she added.
The Mumbai-based engineering, procurement, and construction firm has a strong presence in tunnels and underground works for hydroelectric and dam projects.

It had posted a Rs 38.29 crore net profit from operations during the year-ago period, the company said in an exchange filing

Nykaa Q1FY25 results: Ebitda surged over 30% Rs 96 crore in April-June quarter compared to Rs 73 crore last year

Business Standard

AIF to scale up Dubai investments by Rs 16,000 crore over next year

Dr Amit Goenka, founder, chairperson, and managing director of Nisus Finance

Apollo Hospitals offsets Bangladesh disruption with Africa and West Asia push, lifting international revenue 28% in Q3FY26 as Apollo 24/7 eyes breakeven by Q1FY27

Apollo Hospitals

Burman family backed-Religare Enterprises Ltd (REL) has approved a plan to demerge its financial services and insurance businesses into two separately listed entities, in a move aimed at unlocking shareholder value and sharpening strategic focus.
This is the first major restructuring announced by the company since Burmans took over REL in Feb 2025, the financial services firm said in a statement.
Under the proposed scheme of arrangement, REL will retain its stake in Care Health Insurance Ltd, which will continue as an insurance-focused entity, it said.
The financial services business -- comprising lending, broking, investment activities and related support services -- will be transferred on a going-concern basis to its subsidiary Religare Finvest Ltd (RFL), it said.
"As part of the demerger consideration, RFL will issue fully paid-up equity shares to shareholders of REL on a 1:1 mirror basis. Post-demerger, RFL will be listed on BSE and NSE with mirror image shareholding as REL," i

Religare

This is the first major restructuring announced by the company since Burmans took over REL in Feb 2025, the financial services firm said

Realty firm Lodha Developers Ltd has acquired an 80 per cent stake in Pune-based Solidrise Realty for Rs 294 crore, as part of its expansion plan.
Mumbai-based Lodha Developers Ltd is one of the leading real estate companies in the country. It sells properties under Lodha brand.
In a regulatory filing on Saturday, the company said it has entered into a share purchase agreement to acquire stake in Solidrise Realty Pvt Ltd (SRPL).
Lodha Developers will acquire 80 per cent equity stake in SRPL. The cost of acquisition is Rs 294.07 crore.
SRPL will become a subsidiary of the Lodha Developers.
SRPL is into real estate business in Pune, the filing said.
Last month, Lodha Developers reported a 1 per cent increase in consolidated net profit to Rs 956.9 crore in the third quarter of this fiscal year.
Its net profit stood at Rs 944.4 crore in the year-ago period.
Total income rose to Rs 4,775.4 crore in the October-December period of the 2025-26 fiscal year from Rs 4,146.6 crore in the .

Real estate

Lodha Developers will acquire 80 per cent equity stake in SRPL and the cost of acquisition is ₹294.07 crore

Italian-American agriculture equipment firm CNH's India unit plans to resume full-scale tractor exports to the US and invest approximately Rs 1,800 crore over the next two to three years, capitalising on a recent India-US trade agreement that reduced tariffs on Indian goods to 18 per cent from as high as 50 per cent.
The New Delhi-based subsidiary, which operates brands like New Holland and Case IH, halted most US-bound shipments late last year after higher duties made them unprofitable. Production for the US market was paused in the final months of 2025, except for limited-compact tractor models used for testing and customer trials.
In an interview with PTI at its Pune plant site, CNH India President and Managing Director Narinder Mittal said the company has now given the green light to restart production and supplies.
"With the US tariff now reduced to 18 per cent, we have immediately resumed full-fledged tractor exports from India to the US," Mittal said.
"Volumes will be higher

CNH, CNH Industrial

The New Delhi-based subsidiary, which operates brands like New Holland and Case IH, halted most US-bound shipments late last year after higher duties made them unprofitable

British multinational consumer goods maker said "fundamentals" of its business in India, its second largest market after the US, are improving.
In the fourth quarter, Unilever, in the home care segment, reported a 4.7 per cent underlying sales growth along with a volume growth of 4 per cent, which, according to the company, was supported by "continued strong volume in India".
"India was a key contributor to this momentum, with Home Care delivering mid-single-digit volume growth, led by strong performance in liquids across fabric wash and household care, and reaching its highest ever market share," said its CEO, Fernando Fernandez, in Unilever's earnings calls for the fourth quarter.
Fernandez said across geographies US and India are clear "anchor markets" for Unilever.
Replying to a query over growth, he said: "India, it's improving both in terms of economic backgrounds and the fundamentals of the business, particularly the strengthening of our brand equities... brand superiority .

The company’s stock has inched up about 4% in the last three years while the benchmark NSE Nifty 50 index surged almost 42%. (Photo: Bloomberg)

hindustan unilever

Hindustan Unilever (HUL) is consistently ranked as Unilever's second-largest market globally by revenue, after the United States, with India contributing around 12-14 per cent of total sales

Lenovo India has reported a 7 per cent rise in revenue to Rs 8,145 crore for the third quarter of FY26, driven by a broad-based digitisation momentum in India, rapid AI adoption, and strong performance across the mobile, PC, and infrastructure business segments.
Shailendra Katyal, Vice President and Managing Director of Lenovo India, stated that the performance reflected sustained demand rather than a one-off spike.
"We are very encouraged by the broader digitisation momentum in India. Lenovo benefits from having a broad portfolio spanning phones, PCs, tablets, and infrastructure solutions. With rapid technology adoption, especially AI, we are seeing strong momentum across businesses," Katyal said in an interview with PTI.
A significant contributor to this growth was Motorola, which captured an 8.3 per cent market share in India in Q3 2025, according to IDC.
Additionally, Lenovo's core PC business and its server and infrastructure division delivered double-digit year-on-year growth

lenovo

Shailendra Katyal, Vice President and Managing Director of Lenovo India, stated that the performance reflected sustained demand rather than a one-off spike

Founded in 2017, Atsuya Technologies works across sectors including manufacturing, retail, quick commerce, and oil and gas

Chennai-based deep-tech startup Atsuya Technologies

India has emerged as the world's third-largest startup ecosystem, with over 2 lakh recognised startups driving innovation and job creation across the country, former President Ram Nath Kovind said on Sunday.
At the same time, more than 100 startups have achieved the unicorn status, he said at an event hosted by Jain International Trade Organisation (JITO).
With global leaders and technology voices converging for the AI Impact Summit, he said this impressive global ranking and the sheer number of high-value startups reflect the innovation, job creation, and world-class enterprises emerging from every corner of India.
Speaking to investors and mentors at ILLUMIN8, JITO's national startup initiative, Kovind said, "Business and values are not opposites, but partners. Profit and purpose must move forward together".
Jain principles reflect a deep understanding that a society that focuses only on profits but neglects values may advance for some time, but it will gradually lose its way, he

Thiruvananthapuram: President Ram Nath Kovind speaks during the inauguration of the National Women Legislators’ Conference- 2022, in Thiruvananthapuram, Thursday, May 26, 2022. The Conference is being hosted by the Kerala Legislative Assembly as part

Ram Nath Kovind

Jain principles reflect a deep understanding that a society that focuses only on profits but neglects values may advance for some time, but it will gradually lose its way, he noted

IndiaAI-backed startup to unveil 14bn-parameter voice model in six languages, with plans to scale to all 22 Indian languages within 18 months

artificial intelligence, AI applications, Indian startups, Silicon Valley, Gnani.ai

Chennai-based space tech start-up will use its patented upper-stage platform to host AI data modules in orbit, with NeevCloud as its first customer

agnikul

With growth for the IT services industry in single digits and impact of AI tools like Co-work by Anthropic, many are raising existential questions for the industry

Rajesh Nambiar, Nasscom President

Sumit Madan talks about RBI's proposed guidelines on mis-selling and their likely impact on the company and the sector, the firm's business plans going forward, among other issues

Sumit Madan, CDO and the CEO designate, Axis Max Life Insurance

Priyavrata Mafatlal outlines plans to take Indian uniforms global, expand exports and blend legacy with AI-led growth

Priyavrata Mafatlal, vice-chairman of the Arvind Mafatlal group and managing director of Mafatlal Industries

BPCL will source crude purely on techno-commercial merit amid geopolitical flux, with talks on Saudi investment in its Andhra refinery, says CMD Sanjay Khanna

Sanjay Khanna, chairman and managing director, Bharat Petroleum Corporation (BPCL)

Ashwani Kumar, Managing Director and Chief Executive Officer (MD&CEO), UCO Bank

We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts, says Ashwani Kumar

Pham Sanh Chau

VinFast is committed to making EVs more accessible while contributing to economic growth through investment and local job creation.

Yogesh Mathur, Director-Sales & Marketing, HMSI

Two-wheeler demand likely to remain tepid until festival season, says HMSI

JSW joint managing director and chief executive officer Jayant Acharya

Q1 was disrupted by plant maintenance shutdowns at Dolvi and Bhushan Power and Steel (BPSL), which had an impact on our costs both for capex and operations

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