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

The ruling clears way for Vedanta's vast operations to split into five separate units, of which four will focus on aluminum, power, oil & gas, and iron ore, respectively

Vedanta

Growth has been supported by continued product innovation, expanded export programmes, and strengthened engineering and software capabilities as the quarter progresses, the company said

Citroen 's SUV C3 Aircross

Google's latest funding will support four AI centres of excellence, healthcare research, Indic language technologies and startups

Google AI

State-owned CIL on Tuesday said B Sairam has taken over as its Chairman and Managing Director (CMD).
This comes at a time when Coal India Ltd (CIL) has intensified efforts to achieve record production targets amid surging domestic energy demand.
He succeeds Coal Additional Secretary Sanoj Kumar Jha who held the interim charge as Chairman since November 1, 2025, following the superannuation of P M Prasad on October 31.
"B Sairam took over as Chairman-cum-Managing Director of Coal India Limited (CIL) effective 15 December 2025, " the coal behemoth said in a filing to the BSE.
Earlier, Sairam headed Coal India arm Northern Coalfields Ltd (NCL) as its CMD.
"Increased coal production and improved quality coal supplies remain our core functional area in meeting the energy demand of the country. But aligning with the changing business scenario and energy sector dynamics we are also actively foraying into solar power, critical mineral acquisitions and coal gasification. The company is als

B Sairam, Coal India CMD

He succeeds Coal Additional Secretary Sanoj Kumar Jha who held the interim charge as Chairman since November 1, 2025, following the superannuation of P M Prasad on October 31

Tata Power is looking to finalise its 10 GW wafer and ingot project, to be set up at an estimated cost of Rs 6,500 crore, by January next year, the company's CEO and MD Praveer Sinha said.
The company is in talks with various states and will decide on the location soon, he saidon the sidelines of a company event here.
Tata Power is looking to set up a 10 gigawatt wafer and ingot plant as part of its backward integration, Sinha had said in an earnings call earlier without sharing further details.
He said there will be clarity on the proposed project in the last quarter of FY26.
"In January, we would be making some announcement. Meanwhile, we continue to explore potential site for the project," Sinha said.
The company is exploring various locations in states like Odisha, Tamil Nadu, and Andhra Pradesh among others. "We are looking at the state policies and incentives before finalising the location," Sinha said.
He said Tata Power will make an investment of Rs 6,500 crore for the ..

Praveer Sinha, chief executive officer of Tata Power

Tata Power is looking to set up a 10 gigawatt wafer and ingot plant as part of its backward integration, Sinha had said in an earnings call earlier without sharing further details

The RBI has allowed HDFC Bank and its group firms to buy up to 9.5 per cent stake in IndusInd Bank within one year, as the private lender faces losses and governance issue

HDFC Bank

The four-member panel, set up by Director General of Civil Aviation Faiz Ahmed Kidwai to investigate large-scale operational disruptions at domestic carrier IndiGo earlier this month, visited the airline's headquarters on Monday as part of the ongoing probe, sources said.
During the visit, they said, the panel members checked multiple aspects of the operations that could have resulted in the disruptions.
"The panel members visited IndiGo headquarters on Monday. They remained there throughout the day to take the ongoing probe ahead," a source privy to information told PTI.
During the visit, said another source, the probe panel checked multiple aspects of operations, including infrastructure that could have resulted in such a large-scale disruption of services.
The four-member panel, comprising Joint DG Sanjay Brahamane, Deputy Director General Amit Gupta, senior Flight Operations Inspector Kapil Manglik, and FOI Lokesh Rampal, has been tasked with identifying the root causes of ...

indigo airlines, indigo

During the visit, said another source, the probe panel checked multiple aspects of operations, including infrastructure that could have resulted in such a large-scale disruption of services

The Bengaluru-based startup, backed by Peak XV Partners and Kalaari Capital, secured funds from large investors including SBI Holdings Japan, 360 One Asset, and film producer Ronnie Screwvala

Technology, Satellite, Navigation, space technology

Reuters

The size of the IPO is likely to be about $500 million, according to a Bloomberg report

Zepto

Earlier this year, commercial driver management platform Signodrive Technologies leased the fleet of 4,000 vehicles from Gensol Engineering under an insolvency resolution process

Evera Cabs

Right4Paws also plans to onboard specialised talent, introduce new product categories across functional and life-stage nutrition, and expand its distribution footprint across Indian markets

Dhanu Roy, Founder and Director of Right4Paws (Left) and Sameer Achan, Co-founder and Director of Right4Paws

Post internal discussion held with Tharashankar, the bank has accepted his resignation and relieved him from his duties with effect from close of business hours today

RBL Bank

The SBI board is headed by a chairman, assisted by four managing directors. The Appointments Committee of the Cabinet is headed by Prime Minister Narendra Modi

SBI, State Bank Of India

CoinSwitch co-founder says tier-2 and tier-3 cities drive 76 per cent of activity as women investors reach 12 per cent of user base

Ashish Singhal, co-founder of CoinSwitch

the rising demand for premium helmets is also helping Studds Accessories expand its profit margins

Studds Accessories, Studds Accessories MD

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

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

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

Pham Sanh Chau

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

Yogesh Mathur, Director-Sales & Marketing, HMSI

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

JSW joint managing director and chief executive officer Jayant Acharya

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