Company News

TCS Q2 results: Net profit rises 15% to ₹13,884 crore, revenue up 11.2%

The company's revenue grew 11.2 per cent in reported terms to Rs 73,188 crore for the second quarter, compared to Rs 65,799 crore year-on-year

Updated On: 08 Oct 2026 | 8:58 PM IST

JSW Steel Q2 crude output rises 5% to 7.27 million tonnes, Indian ops up 5%

JSW Steel on Thursday said that its consolidated crude steel production increased by 5 per cent to 7.27 million tonnes (MT) in the second quarter of the current financial year. The company's crude steel output was 6.95 MT in the year-ago period. The production at the company's Indian operations rose by 5 per cent year-on-year to 7.07 million tonnes during the second quarter, over the corresponding quarter. In a regulatory filing to BSE, the company said that the capacity utilisation of its Indian operations stood at 88 per cent during the July-September quarter of FY27. It improved to about 90 per cent in September 2026, as Blast Furnace 3 at the Vijayanagar plant gradually ramped up production following its shutdown for capacity upgradation. The company's consolidated production in the first half of the current fiscal year rose by 4 per cent to 13.86 MT, over 13.32 MT in the year-ago period, the filing said. JSW Steel is the flagship business of the diversified, USD 25-billion JS

Updated On: 08 Oct 2026 | 6:06 PM IST

Q2 results today: Arcil, 4 other newly listed companies to announce results

Arcil, Karamtara Engineering, Glass Wall Systems, Kanohar Electricals and Veegaland Developers are scheduled to announce their quarterly financial results on Tuesday.

Updated On: 06 Oct 2026 | 10:58 AM IST

PhysicsWallah sells ₹95.8 cr loan portfolio, partially shuts lending ops

The sale to Auxilo Finserve forms part of a strategic realignment under which PhysicsWallah plans to shift lending activities to established third-party NBFCs

Updated On: 05 Oct 2026 | 5:48 PM IST

Q2 results today: RentoMojo, LCC Projects among 4 firms reporting on Oct 5

Three of the companies reporting today-RentoMojo, LCC Projects and Steamhouse India-made their stock market debuts last month

Updated On: 05 Oct 2026 | 9:43 AM IST

India fastest-growing Asia market for NetApp; BFSI, IT services key drivers

India is NetApp's fastest-growing market in Asia, with the BFSI, manufacturing, IT services and public sectors - particularly central and state government departments - as key drivers of the company's revenue growth, CEO George Kurian said. The San Jose-based data infrastructure company has also grown its global capability centre in Bengaluru, with the majority of global R&D processed out of the centre. With a team of about 4,000 engineers, the centre is the largest for NetApp and is core to the global innovation work for the company across technology areas. "India has been the fastest-growing market in Asia, and we are always looking to grow faster," Kurian told PTI on the sidelines of Insight 2026 here. NetApp's global capability centre in India has become the company's largest and has consistently grown faster than the rest of the business, the India-born CEO of the company said. Kurian, who has been driving the company's business growth as CEO since 2015, said NetApp is the ..

Updated On: 04 Oct 2026 | 12:24 PM IST

CBI chargesheets RCom, ex-LIC investment chief in ₹3,750-cr cheating case

The CBI has filed a charge sheet in the Rs 3,750-crore cheating case against Reliance Communications Ltd. (RCom), former executives of the group and a former Chief Investment Officer of Life Insurance Corporation of India for causing wrongful loss to LIC, officials said on Saturday. The CBI investigation so far has revealed that, in 2012, LIC subscribed to NCDs worth Rs. 1,500 crore issued by Reliance Communications Ltd. on the basis of serious misrepresentations, according to the central agency. In its charge sheet filed before a Special CBI court in Mumbai, the agency has named as accused "Reliance Communications Ltd., two executives of the Reliance ADA Group, namely, Amitabh Jhunjhunwala, Group MD, Vishwas Joshi, Sr. VP, Reliance Capital Limited and P. Venugopal, the then Chief Investment Officer, LIC", a CBI spokesperson said in a statement here. "The four accused have been chargesheeted for offences of criminal conspiracy, cheating and criminal breach of trust under the IPC, .

Updated On: 03 Oct 2026 | 4:24 PM IST

D-Mart Q2FY27: Revenue rises 18.4% to ₹19,206 crore; store count at 518

Avenue Supermarts, which owns and operates the retail chain D-Mart, reported an 18.4 per cent rise in standalone revenue from operations to Rs 19,206.18 crore for the second quarter ended September 30, 2026. The company had reported revenue from operations at Rs 16,218.79 crore a year ago, Avenue Supermarts said in a regulatory filing on Saturday. "Standalone Revenue from operations for the quarter ended (QE) September 30, 2026, stood at Rs 19,206.18 crore," the company said in its update at the end of the quarter. The total number of stores of the Damani-family-promoted retail chain stood at 518 as of September 30. This also includes its Sanpada, Navi Mumbai, Maharashtra store, which is currently closed to customers due to reconstruction. On a quarter-on-quarter basis, D-Mart's revenue climbed 4.7 per cent. Its revenue was Rs 18,343.49 in the June quarter. Promoted by Radhakishan Damani and his family, D-Mart retails basic home and personal products across markets, including ...

Updated On: 03 Oct 2026 | 3:32 PM IST

Broadcom to lend Anthropic up to $42 bn to lease its chips, filing says

The company's relationship with Anthropic spans compute supply, equipment leasing and financing -- giving the semiconductor company a central role in Anthropic's infrastructure buildout.

Updated On: 01 Oct 2026 | 11:40 PM IST

AI cybersec startup Armadin valued at over $2.5 bn after new funding round

Investors ‌have poured large ​sums into ​early-stage startups building defenses against AI-driven ​cyberattacks.

Updated On: 01 Oct 2026 | 11:39 PM IST

Mahindra, Embraer in talks to build C-390 military aircraft ecosystem

Mahindra Group on Thursday said it is in preparatory discussions with Brazilian aircraft maker Embraer to create an industrial and support ecosystem for the military transport and aerial refuelling aircraft C-390 Millennium in India. The two companies are jointly pursuing the Indian Air Force Medium Transport Aircraft (MTA) programme, Mahindra Group said. As part of their ongoing preparations, Mahindra and Embraer are working with the Maharashtra government and have identified Nagpur for a potential final assembly line for Embraer C-390 Millennium aircraft production in India, it added. Embraer and Mahindra entered into a strategic cooperation agreement in October last year to jointly advance the C-390 Millennium for the IAF's MTA programme, building on their earlier initial pact, signed in February 2024. The agreement envisages collaboration on industrialisation, local manufacturing, assembly, supply chain development and MRO activities in India. In February 2026, the companies al

Updated On: 01 Oct 2026 | 11:19 PM IST

Jio Platforms IPO in final stages after concluding worldwide roadshows

Jio Platform is giving final touches to its public offer documents, touted as India's largest at an estimated USD 3.8 billion, after concluding worldwide roadshows, according to a source aware of the development. The roadshows overseas were led by Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani and Reliance Retail Ventures Limited Executive Director, Isha Ambani. "Jio Platforms has completed the first leg of the IPO after roadshows with potential investors globally. The roadshows were held in the US, UK, Dubai, Singapore and Hong Kong. Now, the company has started preparations for filing a red herring prospectus," a source aware of the development told PTI. An email query sent to Jio Platforms elicited no response. The digital services arm of billionaire Mukesh Ambani's Reliance Industries, Jio Platforms, last month received approval from markets regulator Sebi to proceed with its initial public offering, paving the way for what would be the country's larges

Updated On: 01 Oct 2026 | 10:09 PM IST

TVS Motor total vehicle sales rise 24% to 672,790 units in September

TVS Motor Company said its total vehicle sales grew 24 per cent to 672,790 units in September as against 541,064 units in the same month last year. During the month under review, total two-wheelers registered a growth of 23 per cent to 645,955 units compared with 523,923 units in the same month last year. Domestic two-wheelers sales rose 17 per cent to 482,073 units in September 2026 from 413,279 units in the same month a year ago. Electric two-wheeler sales in September this year more than doubled at 65,799 units in the reporting month from 31,266 units in the corresponding month of 2025, the company said. The company's total sales from international business were up 48 per cent at 180,700 units as against 122,108 units in September 2025, with two-wheeler sales rising 48 per cent to 163,882 units in September as against 110,644 units in the month a year ago. Three-wheelers registered a growth of 57 per cent with sales of 26,835 units last month as against 17,141 units in Septemb

Updated On: 01 Oct 2026 | 10:06 PM IST

India remains key priority as Adyen expands beyond payments: Gary Yang

Adyen's APAC President Gary Yang says India remains a key priority market, with plans to deepen its payments capabilities while expanding into fraud mitigation, loyalty, and usage-based billing

Updated On: 01 Oct 2026 | 10:03 PM IST

Aurobindo Pharma's Acrotech enters US dermatology market with Adquey launch

To support the launch and expand this therapeutic segment, the company has set up a dedicated dermatology business unit, the filing said.

Updated On: 30 Sep 2026 | 11:23 PM IST

DeepSeek partners with Huawei to develop chip programming tools

In a post on its official WeChat account, DeepSeek said it was open-sourcing programming infrastructure for Huawei's ​Ascend platform, including compute and communication libraries.

Updated On: 30 Sep 2026 | 10:41 PM IST

Member of Tata Trusts seeks governance probe as rift deepens

Tata Trusts senior trustee Venu Srinivasan has sought an investigation into why the philanthropic arm is increasingly intervening in the commercial ‌affairs of Tata Sons.

Updated On: 30 Sep 2026 | 8:15 PM IST

Mangalore Refinery Petrochem cancels fuel export tenders after fire at site

MRPL ​notified buyers ​that it had withdrawn tenders to ​export diesel, jet fuel and reformate later this month, according to three company notices

Updated On: 30 Sep 2026 | 5:43 PM IST

TCE's long march from Tata captive to global engineering consultancy

Six decades on, nearly half its revenue comes from international markets

Updated On: 30 Sep 2026 | 12:42 AM IST

Hope RBI will find a common ground with us: Tata Trusts Chairman Noel Tata

Tata Trusts, which holds 66 per cent in Tata Sons, outlined a proposal on Monday to merge Tata Electronics Systems Solutions Private Ltd (TESS) and Tata Consulting Engineers (TCE) with Tata Sons

Updated On: 30 Sep 2026 | 12:24 AM IST