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TCS splits AI.Cloud unit for higher growth, Krishna Mohan to lead cloud biz

TCS established its AI.Cloud unit in August 2023 to unlock greater business value by harnessing the power of cloud and generative AI (GenAI)

Reliance Infra Q4: Net profit rises to ₹4,387.08 cr, income down 12%

The company posts a profit in Q4 FY25 after a year-ago loss, aided by strong EBITDA and lower debt; Delhi Discoms and Mumbai Metro show operational improvement

Gillette India net profit rises 60% to ₹159 cr, revenue grows 12%

Gillette India posts a 60 per cent jump in Q4 net profit to ₹159 crore, revenue up 12 per cent at ₹767.47 crore, with dividend proposal of ₹112 per share amid robust sales growth

Maldives' Khaleel begins 3-day India visit, to hold talks with Jaishankar

Khaleel, who is visiting India with a high-level delegation for three days starting Sunday evening, is making his third trip to India this year.

Jaiprakash Associates' CoC clears ₹936-cr cash outflow for June quarter

Jaiprakash Associates' CoC clears ₹936 crore cash outflow for Q1 FY26, covering routine and one-time operational expenses during ongoing insolvency proceedings

Sun Pharma to invest $25 million in Pharmazz Inc; raises stake to 22.7%

The company noted that the initial $10 million tranche, along with $7.5 million from the second SAFE tranche, will be invested by or before May 31, 2025

Sebi directs entities to make digital KYC accessible for disabled users

The market regulator has issued a revised set of frequently asked questions (FAQs) that provide detailed guidance for intermediaries to open accounts for individuals with disabilities

Forex reserves decline $4.88 billion to $685.72 billion, shows RBI data

The forex reserves had swollen by $4.55 billion in the previous week, which had pushed the total reserves to $690.617 billion. The country had reached a record high of $704.885 billion in Sep 2024

JSW Steel Q4 results: Profit rises 13.54% to ₹1,501 cr, revenue down 3%

JSW Steel posted a Q4FY25 PAT of ₹1,501 crore, up 13.54 per cent YoY, while revenue fell 3 per cent to ₹44,819 crore amid record crude steel output and sales

BEML Q4 net profit rises 12% to ₹287.55 crore, revenue up 9% YoY

BEML posted a 12% YoY rise in Q4 FY25 net profit to ₹287.55 crore; revenue, total income, and expenses all rose 9% as the company expanded project-related investments

Publish raw scores, normalisation formulae of NEET-PG exams, orders SC

The Supreme Court directed authorities to publish NEET-PG raw scores, answer keys, and normalisation formulae, aiming to enhance transparency and curb malpractice in counselling

Pak rejected Indigo pilot's request to use airspace despite an emergency

The incident involving flight 6E 2142, which experienced intense turbulence because of a hailstorm en route from Delhi to Srinagar, is currently under investigation by the Directorate General of Civil

Airtel Payments Bank Q4 net profit jumps 138% to ₹26 crore, revenue up 35%

The payments bank posted revenue of ₹726 crore in Q4FY25, marking a 34.7 per cent increase compared to the same quarter last year

HFCL Q4 results: Net loss at ₹83 crore, revenue declines 39% to ₹800 crore

The Board of Directors has declared a 10 per cent dividend for the financial year 2024-25, translating to ₹0.10 per equity share with a face value of ₹1 each

Reliance Defence, Rheinmetall AG to build major ammo unit in Maharashtra

Reliance will build a major ammunition complex in Maharashtra with Germany's Rheinmetall AG, aiming to support India's defence forces and its ₹50,000 crore export goal by 2029

Aakash accuses EY of conflict of interest, seeks Byju's-linked records

AESL has accused EY of conflict of interest for advising both AESL and Byju's during their failed acquisition and demanded disclosure of all related documents and communications

Sun Pharma Q4 results: Net profit falls 19% to ₹2,153.9 cr, revenue up 8%

Sun Pharma posted a 19% drop in Q4 profit to ₹2,153.9 crore, while revenue rose 8.5%. India formulation sales grew 13.6%, and a ₹5.5 final dividend has been recommended

Edelweiss Employees Trust divests 1.7% stake in Edelweiss Fin for ₹145 cr

Edelweiss Employees Trust sold 16 mn shares worth ₹145 cr; Carnelian, Miri Capital, and others picked up stakes as Edelweiss shares rose 3.15% on the BSE

Proposals worth ₹1 trillion investment get Maharashtra cabinet nod

The Maharashtra cabinet has cleared 325 industrial proposals worth over ₹1 trillion, expected to create more than 93,000 jobs across electronics, defence, and other sectors

Vedanta Chairman Agarwal calls for safeguard duty on aluminium imports

Vedanta Chairman Anil Agarwal urged the government to impose a safeguard duty on aluminium imports, citing the metal's strategic role and rising global trade tensions