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 VC firm trimmed its stake in the manufacturing platform's ₹5,012 crore-offering but says it remains bullish on the rest

Zetwerk

Senco Gold Ltd on Sunday said it has signed agreements to acquire a 68 per cent stake in August Jewellery Pvt Ltd, which operates the 'Melorra' brand, for Rs 68 crore.
The investment will be made in multiple tranches, with completion targeted by February 2027, subject to fulfilment of specified conditions, the company said in a regulatory filing.
It said that including the acquisition by a promoter group entity, the overall stake in August Jewellery will reach 79 per cent, following which the company will become a subsidiary of Senco Gold.
The investment will happen through fresh equity issuance, with the funds intended for the company's growth and expansion, and the discharge of existing liabilities, the filing said.
Senco Gold said the acquisition aligns with its digital and omnichannel strategy, particularly to cater to the fast-growing young consumer segment. Melorra's design and e-commerce capabilities are expected to complement Senco Gold's existing strengths and generate ...

Senco gold

The acquisition will strengthen Senco Gold's digital and omnichannel strategy and expand its reach among younger consumers

The authority said that advertisements must disclose operating frequencies, licensing requirements and other essential regulatory information to enable informed consumer decisions

CCPA, Central Consumer Protection Authority, ORDER, JUSTICE, COURT ORDER

The Flexi Electric Car Loan offers separate financing for the vehicle body and battery, allowing customers to customise EMIs and repay the battery portion over a longer tenure

HDFC Bank

Microtek has announced an investment of over Rs 400 crore to accelerate the growth of its solar business.
As part of its expansion plans, Microtek has invested over Rs 400 crore and is setting up a new solar panel manufacturing plant in Jaipur, which is expected to become operational by November 2026, the company said at the renewable energy expo 2026 concluded on Saturday.
Led by its 'Har Ghar Bijli Ghar' vision, the company will introduce its new Battery Energy Storage System (BESS), highlighting its focus on making reliable energy solutions accessible to households and businesses, the company said in a statement issued on Sunday.
With nearly four decades of power management experience, Microtek's portfolio spans four pillars: power generation, distribution, conditioning and storage.
At the expo, the company showcased its home inverters, UPS systems, batteries, electrical wires, solar panels, solar inverters and lithium batteries.
Supporting initiatives such as PM Surya Ghar: Mu

solar, electrostates

With nearly four decades of power management experience, Microtek's portfolio spans four pillars: power generation, distribution, conditioning and storage

As artificial intelligence reshapes the technology industry, HCL Technologies (HCLTech) CEO and Managing Director C Vijayakumar has said the sector has reached another "inflection point" with AI, and that the future belongs not necessarily to the largest, but those willing to keep reinventing themselves.
He made the remarks in a LinkedIn post marking ten years since he took charge of the IT services major.
Vijayakumar described a decade as a long time in the technology industry, during which industries have been reinvented, business models disrupted, and the boundaries of what is possible have shifted repeatedly.
Looking ahead, he tied the company's path directly to the AI moment.
"Today as AI reshapes our industry, we are once again at an inflection point," he wrote.
He added that his firm belief has been that the future belongs not necessarily to the biggest, but to those willing to continually reinvent themselves.
"That conviction has never been stronger," he wrote, adding tha

HCL tech, hcl

He made the remarks in a LinkedIn post marking ten years since he took charge of the IT services major

French cosmetics major L'Oreal sees its India business "doing a great turnaround", driven by improving team capabilities, increasing localisation, accelerating online commerce and rising demand for haircare and skincare products, said its global Chief Executive Officer Nicolas Hieronimus.
India recorded a "double-digit growth" in the group's consumer products division business in the September quarter. Besides, its "emerging markets delivered spectacular growth, particularly in Brazil and India" in the professional products, according to the company's latest earnings update.
L'Oreal's SAPMENA-SSA region posted adjusted like-for-like growth of 19.2 per cent in the third quarter of 2026, with India and Indonesia "further accelerated", driven by haircare and skincare, the cosmetics major said.
The region comprises South Asia Pacific, the Middle East, North Africa and Sub-Saharan Africa, and is one of L'Oreal's key operational and financial reporting regions.
In the earnings call, ...

L'oreal, Beauty, Skincare, Galderma

India recorded a 'double-digit growth' in the group's consumer products division business in the September quarter

Backed by Bessemer Venture Partners, Stride Ventures and Tanmay Bhat, the company was valued at nearly Rs 1,000 crore and plans to expand categories and omnichannel distribution

Chapter Home

Former Google executive Kishore Kanakamedala joins as venture partner to build a US investor network and help Indian deep-tech startups expand into international markets

Unicorn India Ventures

Ventures founded by former Zetwerk executives are borrowing the company's playbook of orchestrating factories rather than owning them, attracting over $130 million in funding

Zetwork Co-founders

India's auto tech companies raised USD 1.3 billion across 97 funding rounds so far this year, according to a report from data intelligence platform Tracxn.
The funding rounds were led by ride-hailing firm Rapido's USD 240 million, followed by electric two-wheeler manufacturer Simple Energy's USD 180 million and River's USD 102 million.
"India Auto Tech companies raised USD 1.3 billion across 97 rounds in 2026 year to date (2026 YTD) against USD 2.1 billion across 195 rounds in 2025. All funding figures are US dollar equity funding and exclude debt, grant, post-IPO and ICO funding," the report, India Auto Tech - 2026 YTD, said.
Automated parking solution provider Sotefin recorded the highest IPO market capitalisation at USD 35 million, followed by Victory EV India at USD 11 million and accessories company AutoFurnish at USD 6 million.
There were 10 rounds of USD 34 million or more, totalling USD 900 million during the period. These accounted for around 70 per cent of the total USD 1

startup funding investment

The funding rounds were led by ride-hailing firm Rapido's $240 million, followed by electric two-wheeler manufacturer Simple Energy's $180 million and River's $102 million

CEO Jayant Acharya said the company remains on track to spend ₹22,000-24,000 crore in FY27 as it targets nearly 80 million tonnes of capacity

Jayant Acharya, Joint MD & CEO, JSW STEEL

Shriram Finance aims to double gold loans' share of its AUM to 5 per cent in two years, while expanding EV financing and exploring partnerships with Japanese automakers.

Umesh Revankar, executive vice-chairman of Shriram Finance

Strong room rates and occupancy lifted Q2FY27 performance, prompting an upgrade in FY27 revenue growth guidance; brokerages remain positive on the stock's prospects

IHCL Q1 results 2025, Indian Hotels Company performance, hotel stock India, Taj hotels revenue growth, hospitality sector India, MICE demand India, hotel room rates FY26, IHCL expansion plans, tourism sector trends, IHCL stock valuation

A year after restarting operations, WazirX is focusing on recovering value for customers and creditors, rebuilding trust and using AI tools to improve trading outcomes.

Nischal Shetty | Image: X(@NischalShetty)

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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