Page 6 - Ishita Ayan Dutt

Darjeeling tea woes deepen, pushing industry to an existential crisis

Darjeeling tea troubles date back to 2017, but problems are mounting now, leading to existential crisis

Emami Q4 FY25 results: Net profit increases 8.9% to ₹162.17 crore

Emami posts ₹162.17 crore profit in Q4FY25 and ₹806.46 crore in FY25, with strong domestic growth, resilient international markets, and higher e-commerce contribution

India-Pakistan tensions: Back home, border area workers wait and watch

With tensions now subsiding since the ceasefire between the two countries on May 10, those still posted there are breathing a sigh of relief after an anxious period punctuated by blackouts and sirens

Op Sindoor: India Inc's cyber shield holds firm against swarm of hackers

Setup by Nasscom, DSCI engages with governments and their agencies, regulators, industry sectors, industry associations, and think tanks for policy advocacy, capacity building, and outreach activities

Tata Steel capex guidance for this FY is ₹15,000 cr: Narendran & Chatterjee

TV Narendran and Koushik Chatterjee discusses a range of issues from the performance to debt reduction and capex

More Retail plans ₹2,000 crore IPO, targets Ebitda-positive in FY26

Company backed by Amazon and Samara Capital aims to go public in 12-18 months, reduce debt, and expand store network from 775 to 3,000 by the end of the decade

Tata Steel Q4 net profit jumps 112.7% to ₹1,301 crore on lower costs

Tata Steel reports 112.7 per cent YoY rise in Q4FY25 profit, aided by lower raw material cost; full-year profit at ₹3,420 crore after last year's net loss

IBC has shifted balance of power in favour of creditors, investors: IBBI ED

Insolvency and Bankruptcy Board of India Executive Director Jithesh John observed that there was a noticeable improvement in credit discipline with 30,310 cases settled prior to admission

Ports, vessels on heightened maritime security measures, blackout protocols

The shipping regulator earlier banned all vessels from Pakistan from docking at Indian ports

Birla Corporation Q4 results: Profit up 33% to ₹257 cr; revenue up 7%

After a weak start to FY25, Birla Corp posts strong Q4 profit growth on higher capacity utilisation and announces major expansion to scale cement output to 27.6 mt

SC's Bhushan Power and Steel ruling: Review petition may flag 'errors'

According to a source aware of the developments, it appears that the court did not consider infusion of money by JSW in the form of compulsory convertible debenture towards equity infusion

Jindal Stainless Q4 net profit up 18% at Rs 591 cr on higher volumes

Jindal Stainless reported an 18 per cent rise in Q4 net profit to Rs 590.99 crore on higher sales volume and is optimistic about export growth amid new US tariff rules

NCLT, NCLAT can't review PMLA decision: Supreme Court in BPSL case

The Supreme Court has ruled that NCLT and NCLAT lack judicial review power over statutory decisions under the PMLA in the Bhushan Power and Steel liquidation case

SC ruling on BPSL resolution may reset IBC process as JSW plans review plea

"No prudent resolution applicant would submit a plan if there remains a lingering fear that some state authority might overturn it decades later", says Former IBBI chairperson M S Sahoo

Supreme Court scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Calls resolution plan 'illegal', orders BPSL's liquidation

Bandhan Bank Q4 results: Profit jumps 482% to ₹318 cr, revenue at ₹3,456 cr

Sequentially, net profit was down 25.4 per cent

AM/NS India Q1 results: Ebitda down 67.6% to $101 mn, sales drop 20.2%

ArcelorMittal said that the first phase of AM/NS India's expansion at Hazira to 15 mt was "on track", with completion expected by the end of 2026

Gold's record run: Heirlooms put on sale, buyers turn to lightweight bling

With budgets under strain, shoppers are turning to old jewellery to meet new needs

ITC presses the pedal on acquisitions to build a future-ready portfolio

The year has gotten off to a hectic start for ITC, but the momentum has been building with a series of investments, big and small, over the past five years

India Inc eyes no-contest clause as Ratan Tata's will sparks estate debate

A no-contest clause is designed to discourage beneficiaries from disputing the terms of a will, but inheritance laws in India do not explicitly recognise or prohibit such clauses