Company News

Nykaa expects nearly 30% net revenue growth in Q1 on strong fashion sales

Nykaa reported a multifold jump in consolidated net profit to Rs 78.75 crore for the March quarter of FY26, mainly driven by sales in the beauty segment and narrowing of losses in the fashion vertical

IHH bets on tech-led healthcare expansion in India through Fortis

Malaysia's IHH Healthcare plans to expand technology investments in India through Fortis, focusing on AI, precision medicine, advanced oncology and healthtech startups

Colgate India to strengthening leadership, improve operational efficiency

Colgate-Palmolive India will sharpen leadership, improve operational efficiency and expand digital capabilities as it targets sustainable growth and wider market reach by 2030

CM Yadav, Scindia lay foundation for Adani defence manufacturing unit in MP

Madhya Pradesh Chief Minister Mohan Yadav and Union minister Jyotiraditya Scindia on Sunday laid the foundation stone for a defence manufacturing plant being established in Shivpuri district.

ICICI Pru Life seeks investor status for Prudential after Bharti Life deal

ICICI Prudential Life will seek IRDAI approval to reclassify Prudential as an investor after the UK insurer agreed to acquire a 75 per cent stake in Bharti Life Insurance

Coal India's Q1 output falls 7.5% as supplies rise, stocks decline

Coal India produced 169.6 MT of coal in Q1 FY27, down from 183.4 MT a year earlier, while supplies rose 3.5 per cent as the miner reduced pithead stocks

Prestige Estates to invest ₹15K cr in FY27 in housing, commercial projects

Noaman said the company is focusing a lot on scaling up construction activities to ensure the timely execution of projects

Premier Energies plans to invest ₹6,000 cr over 3 years in ingot, wafer biz

The company will set up 10 gigawatt of ingot and 10 gigawatt wafer capacity at the said, the CBO said, adding the work is expected to begin soon

IIFCL raises ₹1,848 crore via NCDs to fund infrastructure projects

The issue attracted an overwhelming response from investors, attracting bids worth ₹3,048 crore, representing nearly 6 times the base issue size of ₹500 crore

Radico Khaitan eyes 20% volume growth in premium portfolio in FY27

The company had achieved an Ebitda margin of close to 16.8 per cent last fiscal and expects this to expand by 125 basis points in FY27, driven largely by premiumisation and growth in white spirits

Decision to drop Adani charges not tied to planned investments: US DOJ

US Department of Justice's official rejected media reports suggesting the dismissal was influenced by the conglomerate's investment plans

Govt raises ONGC chairman entry age to 59, offers up to five-year tenure

The revised age limit marks a departure from the norms followed for most board-level appointments in Central Public Sector Enterprises

Tata Steel aims to spend ₹20,000 cr in FY27 on expansion, technology

The capex for the ongoing FY27 will be around 38 per cent higher from ₹14,559 crore that Tata Steel has spent on capital expenditure in the preceding 2025-26 financial year

HDFC Bank's advances rise 15.4% YoY, deposits grow 14.7% in Q1FY27

India's largest private lender reports gross advances of Rs 30.61 trillion and deposits of Rs 31.71 trillion at June-end, while CASA deposits decline sequentially

Rapido founders booked in Nagpur over bike taxi operations without govt nod

Case filed after RTO alleges petrol-powered private two-wheelers were used for commercial passenger transport without government permission

Maersk places maiden India order for 1,000 containers with DCM Containers

Danish shipping major AP Moller-Maersk has placed an order for 1,000 containers with DCM Containers, marking the first such order by a global carrier from an Indian manufacturer

Fortis signs O&M agreement for 300-bed hospital, enters Odisha market

Hospital chain Fortis Healthcare has signed an O&M agreement with Dion Group to operate a 300-bed hospital in Cuttack, marking its entry into Odisha and expanding its eastern India presence

IndusInd Bank loan book grew in Q1, a first since accounting lapse

Public sector lenders Union Bank of India, Central Bank of India and Canara Bank posted double-digit growth in advances in April-June of FY27

9 former Axis Bank execs take top leadership roles across financial sector

Axis Bank has emerged as a major leadership talent pool for India's financial sector, with former executives taking top roles across banks, NBFCs and financial institutions

1st in nearly a decade: ICICI Bank plans to raise $500 mn via dollar bonds

ICICI Bank will become the fourth commercial bank to take advantage of RBI's concessional swap window for overseas foreign currency borrowing