Page 10 - Rahul Goreja

Regulatory reform, capital depth draw global banks to India, say CEOs

At the Business Standard BFSI Insight Summit, CEOs of Citi, HSBC, and Standard Chartered say India's regulatory clarity and deepening markets are strengthening its appeal for global banks

Coal India Q2FY26 results: Profit falls 32% to ₹4,262 cr, dividend declared

CIL's revenue from operations for the quarter stood at ₹ 30,186.7 crore, down 3.2 per cent year-on-year(Y-o-Y) and 15.8 per cent sequentially

Microsoft to retain 27% stake in OpenAI worth $135 bn after restructuring

Microsoft's new agreement with OpenAI follows its shift to a for-profit model under OpenAI Group PBC, redefining IP rights, AGI clauses and Azure service commitments

'Tejashwi Pran': INDIA bloc promises jobs, free power in poll manifesto

The INDIA bloc's Bihar election manifesto promises jobs for every family, free electricity, revival of the old pension scheme, higher welfare payouts for women, and protection of minority rights

Adani Green Q2FY26 results: Net profit jumps 25% at ₹644 cr, revenue up 20%

Adani Green Energy's total energy sales increased by 39 per cent year-on-year (Y-o-Y) during the quarter, while its operational capacity jumped 49 per cent to 16.7 GW

India's industrial output growth remains unchanged at 4% in September

Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period

TVS Motor Q2FY26 results: Net profit jumps 42% at ₹795 cr, revenue up 25%

In the electric vehicle (EV) space, TVS Motor reported a 7 per cent growth with the highest ever quarterly sales at around 80,000 units during the quarter, as against 75,000 units during Q2FY25

L&T's heavy engineering arm bags orders worth ₹1,000-₹2,500 crore

Larsen & Toubro's heavy engineering division has secured multiple significant orders from India and abroad, including contracts in the US, Mexico, Brazil, Saudi Arabia

India boosts US crude oil imports to 540,000 bpd, highest since 2022

India's record US crude imports come amid efforts to diversify away from Russian oil and manage trade frictions with Washington

Election Commission announces phase two of SIR in 12 states: Check details

Chief Election Commissioner Gyanesh Kumar said SIR exercise is being carried out in 12 states of India after several political parties raised concerns about the quality of electoral rolls

Indian Oil reports ₹7,817 cr net profit in Q2FY26, revenue up 3.9%

In Q2FY25, IOCL recorded a net loss of ₹169.58 crore on the back of a drop in average gross refining margins (GRMs)-the revenue refiners accrue from transforming each barrel of crude oil into refined

Zerodha plans to roll out US stock trading for users from next quarter

Zerodha is developing the product under GIFT City framework, which offers regulatory clarity for international financial services and investments under the IFSCA

Ahead of Bihar polls, ECI warns parties against using AI-generated content

The Election Commission on Friday asked all political parties to label AI-generated content, disclose creators, and remove misleading material within three hours ahead of Bihar Assembly polls

RIL says it will comply with US, UK, EU sanctions on Russian oil imports

The oil refining giant said that it is assessing the implications of restrictions and sanctions by the EU, the UK and the US on crude oil imports from Russia

Dr Reddy's Q2FY26 results: Profit up 14% at ₹1,437.2 cr, revenue jumps 10%

Dr Reddy's Ebitda for the quarter stood at ₹2,351.1 crore, up 3 per cent Y-o-Y and sequentially, with an Ebitda margin of 26.7 per cent

OnlyFans beats Apple, Meta, Nvidia with $37.6 mn revenue per employee

OnlyFans generates $37.6 million in revenue per employee on the back of its stripped-down workforce, creator-driven model, and booming fan subscriptions

Sebi cracks down on front-running trades, bars 13 entities from markets

Sebi has barred 13 individuals and entities from the securities market for 1-3 years for front-running trades using non-public information, generating unlawful gains of over ₹2 crore

ITC Hotels Q2FY26 results: Net profit jumps 74% at ₹133 cr, revenue up 8%

ITC Hotels' expenses for the quarter stood at ₹699.72 crore, marking a modest increase of 4.2 per cent Y-o-Y, and 3.6 per cent sequentially

EAM S Jaishankar slams UN's inaction on terrorism, calls for reform

External Affairs Minister S Jaishankar on Friday criticised the UN's decision-making, calling it polarised and gridlocked, and raised concerns over its credibility and response to terrorism

Vedanta to invest ₹1 trn more in Odisha, add 100K jobs across three plants

Vedanta Group to build three new plants - one for ferro-alloys and two for aluminium - taking its total investment in Odisha to ₹2 trillion and creating over 100,000 jobs