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

FSN E-Commerce Ventures, the owner of the Nykaa brand, on Sunday projected a consolidated net revenue growth of nearly 30 per cent for the first quarter of FY2026-27, to be led by a sharp acceleration in its fashion business.
According to a regulatory filing, the company expects its consolidated Gross Merchandise Value (GMV) and Net Sales Value (NSV) to grow in the "early thirties" on a year-on-year basis for the quarter ended June 30, 2026.
"Nykaa's Fashion vertical has started FY2027 on a notably stronger footing, with NSV growth expected to be in mid-fifties, marking a sharp acceleration from previous quarters. The Fashion business continues to see improvement in GMV to NSV funnel, supported by reduction in leakages," the company said.
Nykaa attributed the growth of its core platform business to a wider brand assortment and recent marketing investments, which it said translated into new customer acquisitions. Meanwhile, the flagship beauty segment is projected to grow in the "lat

Nykaa

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

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

ICICI Prudential Mutual Fund

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

colgate palmolive

Realty firm Prestige Estates Projects will invest around Rs 15,000 crore this fiscal in the construction of residential and commercial projects across South India, Mumbai Metropolitan Region and Delhi-NCR.
Bengaluru-based Prestige Estates is one of the leading real estate developers in the country. It achieved a record sales bookings of Rs 30,024 crore during the 2025-26 fiscal, up 76 per cent from the preceding year.
"We will be investing Rs 14,000-15,000 crore this fiscal on construction," Prestige Estates Projects Executive Director Zayd Noaman told PTI.
Out of the projected construction spend, he estimated around Rs 9,500-10,000 crore for housing projects and Rs 4,500-5,000 crore for commercial projects, including office complexes and shopping malls.
Noaman said the company is focusing a lot on scaling up construction activities to ensure the timely execution of projects.
Even during the 2025-26 fiscal, he said, the total construction spend was around Rs 13,500 crore.
"Overal

Prestige Estates Projects, Real Estate

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

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.
The unit is being set up by Adani Defence and Aerospace, a subsidiary of the Adani Group, at a cost of about Rs 2,500 crore, said officials.
It will provide new impetus to Prime Minister Narendra Modi's vision of industrial development under the Atmanirbhar Bharat and Make in India campaigns. The plant will comprise a missile complex, a composite propellant complex and a TNT complex, they said.
The unit will create direct and indirect employment opportunities, including for local people, while small and medium enterprises in the region will have the opportunity to connect with the defence production supply chain, they said.
Adani Group's Karan Adani and Jeet Adani also took part in the foundation-laying ceremony.
During the event, Yadav and Scindia also inaugurated and performed the ...

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

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.

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

Ashok Pandit, Group Chief Corporate Officer, IHH Healthcare  Quek Sin Kwok, Chief Business Technology Officer, IHH Healthcare

Premier Energies is planning to invest around Rs 6,000 crore over the next three years to build ingot and wafer capabilities to become an integrated player in solar manufacturing in India, a senior company official has said.
This investment is part of the company's Rs 12,500 crore capex plan, which also includes more than doubling cell and module capacity to 10.6 gigawatt and 11.1 gigawatt and foraying into new areas like inverters, batteries and transformers, Vinay Rustagi, Chief Business Officer (CBO) at Premier Energies, told PTI in an interview.
"We are investing to build our capabilities further. Our total investment in the ingot and wafer business will be approximately Rs 6,000 crore over the next three years (by 2028)," he said in reply to a question about whether the company is working on strategies of strong backward integration.
He informed that the project has been approved by the Andhra Pradesh government, which has provided 200 acres of land in Naidupeta, around 45 ...

Premier Energies

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

Yotta has raised $150 million at a ₹37,000 crore valuation to expand its AI infrastructure, scale GPU capacity and support its pre-IPO growth plans

Yotta

Proptech unicorn Square Yards expects 40-50 per cent revenue growth in FY27, driven by expansion in fintech, AI-led initiatives and broader real estate services

Vivek Agarwal, Square Yards

The founding of Cult.fit goes back to 2015, when health content creator and entrepreneur Rishabh Telang launched Cult in Bengaluru as a machine-free fitness studio

Cult.fit has acquired 14 companies across nine sectors, from fitness technology, fitness and wellness chains, to food tech, spanning India, the US and Canada.

Spacetech unicorn Skyroot targets first privately developed orbital-class rocket mission

Skyroot Aerospace

AMD, with a workforce of about 10,000, accounts for around 26 per cent of the company's global workforce, she said

Jaya Jagadish, country head and senior vice-president    of silicon design engineering at AMD India

Tata Group-owned Indian Hotels Company Ltd (IHCL) Managing Director and CEO Puneet Chhatwal's remuneration increased nearly 9 per cent to Rs 25 crore in FY26, according to the company's latest annual report.
Chhatwal received Rs 25 crore during the financial year ended March 31, 2026, compared with Rs 23 crore in FY25. The ratio of the IHCL MD and CEO's remuneration to the median remuneration of IHCL employees increased to 521.7 in FY26 from 506.1 in the previous financial year.
The percentage increase in the median remuneration of employees during FY26 stood at 5.5 per cent, as per the annual report. It was 4.7 per cent during the previous financial year (FY25).
During FY26, Chhatwal's remuneration package comprised Rs 14.21 crore as salary including an additional performance bonus, besides Rs 4.84 crore towards benefits, perquisites and allowances, and Rs 5.95 crore as commission.
The company said the figures exclude provisions for leave encashment, gratuity and group health ...

Puneet Chhatwal, managing director and chief executive officer at IHCL

The percentage increase in the median remuneration of employees during FY26 stood at 5.5 per cent, as per the annual report

HDFC Bank is banking on former Finance Secretary Rajiv Kumar's appointment as chairman to restore investor confidence after Atanu Chakraborty's sudden resignation

Rajiv Kumar was a DFS secretary and also became finance secretary. He was India’s chief election commissioner between May 2022 and February 2025.

Rajiv Kumar was a DFS secretary and also became finance secretary. He was India's chief election commissioner between May 2022 and February 2025.

Syngene International Ltd on Friday said that its Managing Director & Chief Executive Officer, Peter Bains, has resigned as part of leadership succession.
Bains has resigned from the position of MD & CEO with effect from the close of business hours on June 30, Syngene International said in a regulatory filing.
In his resignation letter to the chairman of the company's board, Bains said he is resigning from his position following "our recent discussions regarding leadership succession and CEO transition".
Syngene International is a contract research, development and manufacturing organisation and is part of the Biocon group.

PETER BAINS, group chief executive officer of Biocon

In his resignation letter to the chairman of the company's board, Bains said he is resigning from his position following "our recent discussions regarding leadership succession and CEO transition"

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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